Conagra Brands, Inc.

Conagra Brands, Inc.verified

CAG

Price:

$27.42

Market Cap:

$13.09B

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 foo...[Read more]

Industry

Packaged Foods

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

CAG

The Current Ratio as of November 2024 (TTM) for Conagra Brands, Inc. (CAG) is 0.94

According to Conagra Brands, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.94. This represents a change of -0.34% compared to the average of 0.94 of the last 4 quarters.

Conagra Brands, Inc. (CAG) Historical Current Ratio (quarterly & annually)

How has CAG Current Ratio performed in the past?

The mean historical Current Ratio of Conagra Brands, Inc. over the last ten years is 1.01. The current 0.94 Current Ratio has changed 9.19% with respect to the historical average. Over the past ten years (40 quarters), CAG's Current Ratio was at its highest in in the November 2016 quarter at 1.92. The Current Ratio was at its lowest in in the May 2023 quarter at 0.76.

Quarterly (TTM)
Annual

Average

1.01

Median

0.92

Minimum

0.76

Maximum

1.41

Conagra Brands, Inc. (CAG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Conagra Brands, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 53.74%

Maximum Annual Current Ratio = 1.41

Minimum Annual Increase = -31.20%

Minimum Annual Current Ratio = 0.76

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.9727.45%
20230.76-11.58%
20220.865.49%
20210.82-6.90%
20200.88-31.20%
20191.2853.74%
20180.83-29.07%
20171.17-17.15%
20161.4127.47%
20151.11-30.80%

Conagra Brands, Inc. (CAG) Average Current Ratio

How has CAG Current Ratio performed in the past?

The current Current Ratio of Conagra Brands, Inc. (CAG) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.87

5-year avg

0.86

10-year avg

1.01

Conagra Brands, Inc. (CAG) Current Ratio vs. Peers

How is CAG’s Current Ratio compared to its peers?

Conagra Brands, Inc.’s Current Ratio is greater than Kellanova (0.77), greater than General Mills, Inc. (0.66), greater than The J. M. Smucker Company (0.55), less than Hormel Foods Corporation (2.29), greater than Campbell Soup Company (0.61), less than The Kraft Heinz Company (1.06), greater than McCormick & Company, Incorporated (0.71),

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