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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Conagra Brands, Inc. (CAG) Quarterly Financial Ratios

Last 47 quarters of trend data · Consumer Defensive · Packaged Foods

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

EV/EBITDA has compressed 20.4% YoY to 8.6x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
P/E Ratio →5.95—14.4610.5721.4911.627.89—11.0511.8711.20108.9712.86
——+83.1%—+94.4%-2.1%-29.5%—-14.1%+1.1%—+337.3%-34.5%
P/S Ratio0.590.710.900.961.091.031.321.251.121.071.241.411.42
—-30.6%-32.0%-22.8%-2.9%-3.5%+6.1%-11.3%-21.1%-20.9%-14.1%+3.2%-3.0%
P/B Ratio0.771.051.061.201.411.491.691.701.471.511.611.901.96
—-29.6%-37.5%-29.6%-4.4%-0.9%+5.2%-10.3%-24.8%-26.3%-17.8%+6.1%+1.8%
P/FCF5.2715.32—10.286.148.1527.128.935.8410.0312.0121.2113.41
—+88.1%—+15.0%+5.1%-18.8%+125.9%-57.9%-56.4%—-60.4%+73.4%+20.7%
EV / EBITDA8.618.599.6110.0914.0210.7811.66—9.7810.3510.0743.5311.48
—-20.4%-17.6%—+43.3%+4.2%+15.8%—-14.8%-2.3%-88.8%+111.4%-20.7%
EV / EBIT11.07—11.0311.9817.6211.8613.43—10.8211.2711.22101.4813.43
——-17.9%—+62.8%+5.2%+19.7%—-19.4%-7.9%—+279.7%-22.7%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Conagra Brands, Inc.'s operating margin was 12.5% in Q2 2026, down 0.7 pp QoQ and down 0.1 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. Gross margin contracted 11.5% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Gross Margin25.9%23.4%24.3%25.4%25.0%26.5%26.5%27.7%28.3%26.4%28.3%26.3%27.2%
—-11.5%-8.0%-8.2%-11.7%+0.4%-6.7%+5.1%+4.2%-5.2%+14.3%+7.5%+13.6%
Operating Margin11.8%12.5%13.2%13.5%9.4%12.6%14.4%-19.1%15.5%14.0%16.8%1.9%15.9%
—-1.1%-8.2%+170.3%-39.6%-9.9%-14.7%-1098.2%-2.1%-15.7%+2396.0%-73.9%+28.8%
Net Margin9.9%-22.3%6.2%9.2%5.1%8.9%16.7%-19.5%10.2%8.9%11.0%1.3%11.1%
—-350.2%-62.6%+147.1%-49.8%-0.2%+51.7%-1647.9%-8.1%-22.6%+512.6%-76.9%+47.7%

Return on Capital

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
ROE12.9%-7.8%1.8%2.9%1.7%3.3%5.4%-6.4%3.4%3.2%3.6%0.4%3.9%
—-340.0%-66.0%+145.2%-51.1%+2.4%+50.7%-1613.7%-12.8%-28.0%+505.0%-76.4%+55.9%
ROA5.5%-3.3%0.8%1.2%0.7%1.3%2.2%-2.7%1.4%1.3%1.4%0.2%1.5%
—-342.2%-64.8%+146.3%-50.4%+4.6%+54.0%-1673.9%-8.0%-24.8%+514.7%-76.2%+57.2%
ROIC6.0%1.7%1.5%1.6%1.2%1.7%1.8%-2.4%2.0%1.9%2.0%0.2%2.0%
—-0.9%-11.7%+168.9%-40.5%-5.9%-13.3%-1115.8%-2.9%-19.7%+2349.1%-73.6%+35.6%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Conagra Brands, Inc.'s Debt/EBITDA ratio is 16.3x, down from 18.7x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 26.8% YoY to 0.89x, strengthening the short-term liquidity position.

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Debt / Equity0.930.940.930.930.930.961.011.010.941.001.041.071.04
—-2.0%-7.9%-8.1%-1.4%-3.8%-2.6%-5.9%-9.2%-7.1%-1.8%+3.1%+0.1%
Debt / EBITDA4.7416.2818.7017.7022.3216.9217.52—15.3016.5615.8463.1615.92
—-3.8%+6.8%—+45.9%+2.2%+10.6%—-3.9%+13.1%-87.4%+107.7%-21.6%
Current Ratio0.710.891.060.710.690.700.940.970.950.910.910.760.97
—+26.8%+12.9%-26.8%-27.2%-22.3%+3.3%+27.5%-2.4%-1.4%+16.7%-11.6%+17.3%
Quick Ratio0.240.280.440.240.230.220.330.330.330.310.300.260.32
—+26.2%+32.9%-28.0%-28.6%-27.7%+9.5%+24.6%+2.1%+8.3%+24.0%-12.9%-1.1%
Interest Coverage3.273.743.633.682.633.703.76-5.194.373.934.570.524.65
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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CAG — Frequently Asked Questions

Quick answers to the most common questions about buying CAG stock.

What is Conagra Brands, Inc.'s quarterly P/E ratio trend?

Conagra Brands, Inc.'s current P/E is 6.0x. The average P/E over the last 3 quarters is 15.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Conagra Brands, Inc.'s margins change by quarter?

Conagra Brands, Inc.'s current operating margin is 11.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at CAG quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Conagra Brands, Inc.'s business trajectory between earnings reports.

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