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Companies / Consumer Staples / Conagra Brands
CAG

Conagra Brands

Consumer StaplesFood ProductsS&P 500
Ticker CAGCHICAGO, ILFiscal year ends MayBook value per share $13.37Diluted shares 479.1M

Conagra Brands, Inc. (NYSE: CAG) is one of North America's leading branded food companies headquartered in Chicago with a 100-year history of food manufacturing and innovation. The company operates through four primary reporting segments: Grocery & Snacks, which includes branded shelf-stable food products sold through… From the company’s description.

Fiscal year 2026 · ends 05-30Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-08-30
Sales & profitability
$11.28BFY2026
−2.9% year over year
Last 12 mo $11.24B
-14.43%FY2026
−26.2 percentage points
Last 12 mo -15.18%
$-1.92BFY2026
−266.3% year over year
Last 12 mo $-1.91B
5.45%FY2026
−7.5 percentage points
Last 12 mo -29.76%
Cash & financing
$1.40BFY2026
−17.1% year over year
Last 12 mo $1.28B
$978.70MFY2026
−24.9% year over year
Last 12 mo $877.00M
1.14FY2026
Was 0.90× a year earlier
Last 12 mo 1.21
479.1MFY2026
−0.2% year over year

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Conagra Brands does

In the company’s own words

Conagra Brands, Inc. (NYSE: CAG) is one of North America's leading branded food companies headquartered in Chicago with a 100-year history of food manufacturing and innovation. The company operates through four primary reporting segments: Grocery & Snacks, which includes branded shelf-stable food products sold through retail channels; Refrigerated & Frozen, comprising temperature-controlled food products for retail distribution; International, offering branded food products through retail and foodservice channels outside the United States; and Foodservice, which provides branded and customized food products to restaurants and foodservice establishments primarily in the United States.

Conagra's portfolio includes iconic brands such as Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, and Angie's BOOMCHICKAPOP, among many others. The company also maintains significant equity method investments, most notably a joint venture in Ardent Mills, a milling business. As of May 31, 2026, Conagra employed approximately 17,400 people, with roughly 48 percent represented by collective bargaining agreements.

The company's business model centers on delivering value-added consumer food products to retail food and foodservice channels through both direct sales and distributor networks. Conagra serves chain grocers, wholesale operators, convenience stores, and foodservice customers including restaurants, schools, and healthcare facilities. Walmart and its affiliates represent the company's largest customer, accounting for approximately 29 percent of consolidated net sales.

Conagra's competitive advantages include its extensive portfolio of well-established brands, innovation capabilities, scale in manufacturing and distribution, and focus on consumer preferences. The company sources diverse commodities including wheat, corn, vegetables, oils, and proteins, with production occurring both year-round and seasonally depending on agricultural cycles. The company maintains manufacturing facilities across its reporting segments and operates in multiple geographic markets, with significant operations in the United States and international presence. More information is available at conagrabrands.com.

Company details
Sector
Consumer Staples
Industry (SIC)
Food Products
Headquarters
CHICAGO, IL
Fiscal year end
May
CIK
23217
SIC
2000

Financial performance, year by year

Fiscal 2014–2026 · USD
$-3.88B$2.01B$7.89B$13.78B$19.66B2014201520162017201820192020202120222023202420252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Conagra Brands — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

427
funds hold it
2 of 35
superinvestors hold it
$2.74B
held by funds, at market
42.0%
of shares held by funds
10
bond issues held by funds

Superinvestors in Conagra Brands · what they did last quarter

Mark HillmanINCREASED +22.4%
Hillman Capital Management
1.8%of 13F portfolio
Tweedy BrowneNEW
Tweedy, Browne
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Conagra Brands’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.34%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.08%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.01%of fund net assets
Invesco S&P 500 Equal Weight ETF
RSP · Invesco Exchange-Traded Fund Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Conagra Brands’s bonds, as funds hold them

Funds report holding 10 issues of Conagra Brands’s debt, $1.34B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.82%, maturing 2026 to 2048.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Conagra Brands and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Conagra Brands's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Conagra Brands's last four quarterly filings that the numbers alone won't show?”
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