Conagra Brands (CAG) Stock Analysis

November 11, 2026

This is a peer-relative look at Conagra Brands (CAG): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Food, Beverage & Tobacco peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Conagra Brands (CAG)
Profile Item	CAG
Name	Conagra Brands Inc.
Country/Region	United States
GICS Sector	Consumer Staples
GICS Industry Group	Food, Beverage & Tobacco
GICS Industry	Food Products
GICS Sub-Industry	Packaged Foods & Meats
Market Capitalization	7.28 billion USD
Currency	USD
Exchange	NYSE
Listing Date	March 17, 1980
Security Type	Common Stock

Price Performance

Cumulative Growth

CAG

GSPC

Conagra Brands (CAG) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Conagra Brands (CAG) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Conagra Brands (CAG) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Conagra Brands (CAG) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: CAG	Industry group median
Total Return (1Y)	-4.61%	9.07%
Total Return (3Y, Annualized)	-13.13%	2.06%
Total Return (5Y, Annualized)	-9.47%	1.14%

Risk Profile

Drawdown History

CAG

GSPC

Conagra Brands (CAG) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Conagra Brands (CAG) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Conagra Brands (CAG) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: CAG	Industry group median
Volatility (1Y, Annualized)	32.65%	32.65%
Beta (5Y)	-0.00	0.43
Max Drawdown (5Y)	-62.52%	-51.71%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. CAG is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Conagra Brands (CAG) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: CAG	Industry group median
Sharpe Ratio (1Y)	-0.27	0.14
Sortino Ratio (1Y)	-0.40	0.20

Profitability

ROE (TTM)

Conagra Brands (CAG) has negative ROE of -24.89%. That can come from trailing losses or negative book equity, so it is a warning state rather than a clean capital-efficiency measure.

CAG

Food, Beverage & Tobacco industry group

-24.89%

Group distribution

Max: 32.02%
Q3: 16.61%
Median: 10.05%
Q1: 4.10%
Min: -10.50%
CAG: -24.89%

Largest peers

PEP: 52.19%
KO: 40.59%
BTI: 13.42%
CAG: -24.89%
PM: --
BUD: --
MO: --

Where Conagra Brands (CAG) stands on ROE within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Conagra Brands (CAG) has negative net margin of -16.95%. The trailing period ended in a net loss, so the bottom-line conversion read is a warning rather than a profitability strength.

CAG

Food, Beverage & Tobacco industry group

-16.95%

Group distribution

Max: 24.83%
Q3: 11.22%
Median: 5.94%
Q1: 2.05%
Min: -11.49%
CAG: -16.95%

Largest peers

MO: 39.33%
KO: 28.65%
BTI: 24.99%
PM: 24.83%
BUD: 15.42%
PEP: 11.09%
CAG: -16.95%

Where Conagra Brands (CAG) stands on net margin within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Conagra Brands (CAG) turns 11.59% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

CAG

Food, Beverage & Tobacco industry group

11.59%

Group distribution

Max: 34.91%
Q3: 17.57%
CAG: 11.59%
Median: 11.06%
Q1: 4.15%
Min: -15.06%

Largest peers

MO: 61.48%
PM: 41.94%
BTI: 34.91%
KO: 33.36%
BUD: 27.48%
PEP: 16.88%
CAG: 11.59%

Where Conagra Brands (CAG) stands on operating margin within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Conagra Brands (CAG) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: CAG	Industry group median
ROE (TTM)	-24.89%	10.05%
ROA (TTM)	4.05%	5.25%
Net Margin (TTM)	-16.95%	5.94%
Operating Margin (TTM)	11.59%	11.06%
Gross Margin (TTM)	23.84%	34.26%

Growth

Revenue Growth

Conagra Brands (CAG) grew revenue -2.85%, in the lower peer quartile. The top line is expanding more slowly than at most peers, which can reflect softer demand, lost share, or weaker pricing.

Conagra Brands (CAG): Revenue Growth across different time periods, set against Food, Beverage & Tobacco industry-group medians.

EPS Growth

Conagra Brands (CAG) grew earnings per share -266.67%, below the industry benchmark range. Per-share profits are trailing virtually every peer, which can point to margin pressure, one-off charges, or dilution.

Conagra Brands (CAG): EPS Growth across different time periods, set against Food, Beverage & Tobacco industry-group medians.

Growth Metrics

Conagra Brands (CAG) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: CAG	Industry group median
Revenue Growth (YoY)	-2.85%	2.38%
Revenue Growth (3Y CAGR)	-2.78%	2.51%
EPS Growth (YoY)	-266.67%	-2.47%
EPS Growth (3Y CAGR)	--	4.29%

Financial Strength

Current Ratio (MRQ)

Conagra Brands (CAG) has current ratio of 1.10, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

CAG

Food, Beverage & Tobacco industry group

1.10

Group distribution

Max: 4.01
Q3: 2.35
Median: 1.53
CAG: 1.10
Q1: 1.02
Min: 0.33

Largest peers

KO: 1.38
CAG: 1.10
PM: 1.02
PEP: 0.94
BTI: 0.84
MO: 0.58
BUD: --

Where Conagra Brands (CAG) stands on current ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Conagra Brands (CAG) has debt-to-equity ratio of 1.21, in the higher-leverage quartile for its industry. The heavier reliance on borrowing can make earnings, rates, or refinancing conditions matter more.

CAG

Food, Beverage & Tobacco industry group

1.21

Group distribution

Max: 2.19
CAG: 1.21
Q3: 1.11
Median: 0.68
Q1: 0.33
Min: 0.00

Largest peers

PEP: 2.31
CAG: 1.21
KO: 1.07
BTI: 0.72
BUD: 0.72
PM: --
MO: --

Where Conagra Brands (CAG) stands on debt-to-equity ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Conagra Brands (CAG) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: CAG	Industry group median
Current Ratio (MRQ)	1.10	1.53
Debt / Equity (MRQ)	1.21	0.68
Net Debt / EBITDA	4.46	2.57

Dividends

Dividend Yield (TTM)

Conagra Brands (CAG) has dividend yield of 7.90%, in the upper peer-yield quartile while still inside the industry range. The dividend offers more cash income per dollar of share price than most peers, though payout coverage still matters.

CAG

Food, Beverage & Tobacco industry group

7.90%

Group distribution

Max: 9.38%
CAG: 7.90%
Q3: 3.77%
Median: 1.76%
Q1: 0.00%
Min: 0.00%

Largest peers

CAG: 7.90%
MO: 5.53%
PEP: 4.07%
BTI: 3.88%
PM: 2.98%
KO: 2.19%
BUD: 1.91%

Where Conagra Brands (CAG) stands on dividend yield within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Conagra Brands (CAG) has payout ratio of 79.55%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

CAG

Food, Beverage & Tobacco industry group

79.55%

Group distribution

Max: 199.19%
Q3: 81.03%
CAG: 79.55%
Median: 41.52%
Q1: 0.00%
Min: 0.00%

Largest peers

MO: 88.45%
PM: 87.74%
BTI: 83.97%
CAG: 79.55%
PEP: 73.02%
KO: 61.95%
BUD: 27.35%

Where Conagra Brands (CAG) stands on payout ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Conagra Brands (CAG) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: CAG	Industry group median
Dividend Yield (TTM)	7.90%	1.76%
Dividend Payout Ratio (TTM)	79.55%	41.52%

Valuation

P/E Ratio (TTM)

No usable P/E ratio is available for Conagra Brands (CAG) this period, so the trailing-earnings valuation read is skipped.

CAG

Food, Beverage & Tobacco industry group

Group distribution

Max: 52.52
Q3: 30.78
Median: 18.76
Q1: 12.77
Min: 4.72
CAG: --

Largest peers

PM: 28.89
KO: 28.22
PEP: 17.78
BUD: 17.07
MO: 15.69
BTI: 15.61
CAG: --

Conagra Brands (CAG) doesn’t report P/E ratio this period; the box shows the Food, Beverage & Tobacco group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Conagra Brands (CAG) trades at 0.65 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

CAG

Food, Beverage & Tobacco industry group

0.65

Group distribution

Max: 4.64
Q3: 2.27
Median: 1.17
CAG: 0.65
Q1: 0.52
Min: 0.00

Largest peers

KO: 8.06
PM: 7.15
MO: 6.14
BTI: 5.08
BUD: 2.58
PEP: 1.96
CAG: 0.65

Where Conagra Brands (CAG) stands on P/S ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Conagra Brands (CAG) trades at 1.14 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

CAG

Food, Beverage & Tobacco industry group

1.14

Group distribution

Max: 6.35
Q3: 3.07
Median: 1.58
CAG: 1.14
Q1: 0.82
Min: 0.00

Largest peers

KO: 11.01
BUD: 10.60
BTI: 10.59
PEP: 8.65
CAG: 1.14
PM: -38.86
MO: -56.93

Where Conagra Brands (CAG) stands on P/B ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Conagra Brands (CAG) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: CAG	Industry group median
P/E Ratio (TTM)	--	18.76
P/S Ratio (TTM)	0.65	1.17
P/B Ratio (MRQ)	1.14	1.58
Free Cash Flow Yield (TTM)	5.77%	4.66%