Conagra Brands, Inc. (CAG) Stock

Conagra Brands, Inc. (CAG) is a Consumer Staples stock trading at $16.45 (as of 2026-08-21), with a market capitalization of $7.87B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels in the United States. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels in the United States. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments in the United States. The company sells its products under the Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1861 and is headquartered in Chicago, Illinois.

Understand Conagra Brands, Inc.: how it makes money

Conagra Brands makes packaged food for retail and foodservice customers, selling shelf-stable products, refrigerated and frozen products, and international foods, and it generates revenue through its four business segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice.

Conagra's profit model depends on selling packaged food volume and mix across Grocery & Snacks and Refrigerated & Frozen, while operating results are pressured or supported by promotional activity (Percentage of Sales on Promotion) and cost execution (Productivity).

Revenue by segment (latest quarter)
Grocery & Snacks$1.2B
Refrigerated & Frozen$1.1B
International$0.2B
Foodservice$0.3B

Business quality (Weak): The company has a diversified segment structure across shelf-stable and temperature-controlled foods, and its operating focus shows up in both promo intensity and productivity metrics, but outcomes can be sensitive to promotion levels and service-level execution.

Bull case

  • Frozen category momentum indicators: Frozen Single-Serve Meals Market Share is 53%, Frozen Single-Serve Meals Brand Lift is 60%, and Frozen Consumer Domains Consumption is 2.8%.
  • Operational cost focus: Productivity is 5.0%, which supports the ability to manage costs as the company sells across different food categories.

Bear case

  • Margin sensitivity to promotions: Percentage of Sales on Promotion is 21.0%, which can indicate pricing pressure and can make gross and operating margins more sensitive to demand and competitive conditions.
  • Execution risk tied to service levels: Service Level Reached is 98.0% and Service Levels Exited is 95.0%, which could signal occasional fulfillment performance issues.
Valuation — source: SEC EDGAR (first-party)
Price$16.45
Market Cap$7.87B
EV / EBITDA17.6
Price / Book1.24
Price / Sales0.70
FCF Yield21.7%
DCF Value (model)$53.05
DCF Upside vs Price222.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$11.28B
Net Margin-17.0%
Revenue Growth (YoY)-2.9%
EPS Growth (YoY)-266.0%
FCF Growth (YoY)-24.9%
Financial Health — source: SEC EDGAR
Altman Z-Score1.09 (distress)
Piotroski F-Score4/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Consumer Staples)26.7
Industry P/E (Food Products)26.1
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.03B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorConsumer Staples
IndustryFood Products
CEOSean Connolly
Employees18,500
CountryUS
IPO Date1980-03-17

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CAG earnings history · CAG institutional & insider holders · CAG KPIs & operating metrics · CAG financials · CAG investor presentations & press releases · CAG SEC filings · CAG peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.