CAG vs. MO: Conagra Brands vs. Altria Stock Comparison

November 11, 2026

How do Conagra Brands (CAG) and Altria (MO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Conagra Brands (CAG) and Altria (MO) both fall under the Food, Beverage & Tobacco industry group, but CAG is classified in Food Products while MO is classified in Tobacco.

Company profile comparison for Conagra Brands (CAG) and Altria (MO)
Profile Item	CAG	MO
Name	Conagra Brands Inc.	Altria Group, Inc.
Country/Region	United States	United States
GICS Sector	Consumer Staples	Consumer Staples
GICS Industry Group	Food, Beverage & Tobacco	Food, Beverage & Tobacco
GICS Industry	Food Products	Tobacco
GICS Sub-Industry	Packaged Foods & Meats	Tobacco
Market Capitalization	7.28 billion USD	126.62 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	January 2, 1962
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CAG

GSPC

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

Trailing Returns

Loading price history…

Trailing total returns for Conagra Brands (CAG) and Altria (MO). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Conagra Brands (CAG) and Altria (MO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Conagra Brands (CAG) and Altria (MO)
Metric	CAG	MO
Total Return (1Y)	-4.61%	38.55%
Total Return (3Y, Annualized)	-13.13%	32.86%
Total Return (5Y, Annualized)	-9.47%	19.81%

Risk Profile

Drawdown History

CAG

GSPC

Conagra Brands (CAG) vs. Altria (MO), with S&P 500 (GSPC) for reference: 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

Loading price history…

Distribution of monthly total returns for Conagra Brands (CAG) and Altria (MO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Conagra Brands (CAG) reports a negative beta of -0.00, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Altria (MO) has a non-negative beta of 0.44.

Risk profile metrics for Conagra Brands (CAG) and Altria (MO)
Metric	CAG	MO
Volatility (1Y, Annualized)	32.65%	25.52%
Beta (5Y)	-0.00	0.44
Max Drawdown (5Y)	-62.52%	-25.83%
Avg. Volume (3M)	11.44M	8.44M

Risk-Adjusted Performance

Risk-Return Positioning

CAG and MO are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Conagra Brands (CAG) and Altria (MO)
Metric	CAG	MO
Sharpe Ratio (1Y)	-0.27	1.34
Sortino Ratio (1Y)	-0.40	1.97

Profitability

ROE (TTM)

Altria (MO) has no ROE value reported for this period; Conagra Brands (CAG) reports a negative figure of -24.89%, which needs context because negative ROE can reflect losses or negative shareholders’ equity.

CAG

Food, Beverage & Tobacco industry group

-24.89%

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

MO

Food, Beverage & Tobacco industry group

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

Conagra Brands (CAG) vs. Altria (MO): MO does not report ROE, so it has no value marker; CAG is benchmarked against the Food, Beverage & Tobacco industry group.

Net Margin (TTM)

Conagra Brands (CAG) reports a negative net margin of -16.95%, usually indicating a net loss over the period. Meanwhile Altria (MO) reports 39.33%, ranking against industry peers normally.

CAG

Food, Beverage & Tobacco industry group

-16.95%

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

MO

Food, Beverage & Tobacco industry group

39.33%

MO: 39.33%
Max: 24.83%
Q3: 11.22%
Median: 5.94%
Q1: 2.05%
Min: -11.49%

Conagra Brands (CAG) vs. Altria (MO): A comparison of their net margin against the Food, Beverage & Tobacco industry group benchmark.

Operating Margin (TTM)

Altria (MO) at 61.48% turns sales into operating profit above its industry’s benchmark range, while Conagra Brands (CAG) at 11.59% operates around its industry’s norm.

CAG

Food, Beverage & Tobacco industry group

11.59%

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

MO

Food, Beverage & Tobacco industry group

61.48%

MO: 61.48%
Max: 34.91%
Q3: 17.57%
Median: 11.06%
Q1: 4.15%
Min: -15.06%

Conagra Brands (CAG) vs. Altria (MO): A comparison of their operating margin against the Food, Beverage & Tobacco industry group benchmark.

Profitability Metrics

Profitability metrics for Conagra Brands (CAG) and Altria (MO)
Metric	CAG	MO
ROE (TTM)	-24.89%	--
ROA (TTM)	4.05%	22.73%
Net Margin (TTM)	-16.95%	39.33%
Operating Margin (TTM)	11.59%	61.48%
Gross Margin (TTM)	23.84%	72.43%

Growth

Revenue Growth

Both Conagra Brands (CAG) at -2.85% and Altria (MO) at -1.49% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.

Conagra Brands (CAG) vs. Altria (MO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Altria (MO) at -37.00% is around its peer norm for EPS growth, while Conagra Brands (CAG) at -266.67% falls below its industry range, a notably weak earnings reading.

Conagra Brands (CAG) vs. Altria (MO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Conagra Brands (CAG) and Altria (MO)
Metric	CAG	MO
Revenue Growth (YoY)	-2.85%	-1.49%
Revenue Growth (3Y CAGR)	-2.78%	-0.89%
EPS Growth (YoY)	-266.67%	-37.00%
EPS Growth (3Y CAGR)	--	8.90%

Financial Strength

Current Ratio (MRQ)

Conagra Brands (CAG) at 1.10 keeps current ratio within its industry’s typical mid-range, while Altria (MO) at 0.58 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MO.

CAG

Food, Beverage & Tobacco industry group

1.10

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

MO

Food, Beverage & Tobacco industry group

0.58

Max: 4.01
Q3: 2.35
Median: 1.53
Q1: 1.02
MO: 0.58
Min: 0.33

Conagra Brands (CAG) vs. Altria (MO): A comparison of their current ratio against the Food, Beverage & Tobacco industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Conagra Brands (CAG) carries debt-to-equity ratio of 1.21 against its industry range, while Altria (MO) reports no figure this period.

CAG

Food, Beverage & Tobacco industry group

1.21

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

MO

Food, Beverage & Tobacco industry group

Max: 2.19
Q3: 1.11
Median: 0.68
Q1: 0.33
Min: 0.00
MO: --

Conagra Brands (CAG) vs. Altria (MO): MO does not report debt-to-equity ratio, so it has no value marker; CAG is benchmarked against the Food, Beverage & Tobacco industry group.

Financial Strength Metrics

Financial strength metrics for Conagra Brands (CAG) and Altria (MO)
Metric	CAG	MO
Current Ratio (MRQ)	1.10	0.58
Debt / Equity (MRQ)	1.21	--
Net Debt / EBITDA	4.46	1.66

Dividends

Dividend Yield (TTM)

Both Conagra Brands (CAG) at 7.90% and Altria (MO) at 5.53% offer top-quartile dividend income relative to share price within their industries.

CAG

Food, Beverage & Tobacco industry group

7.90%

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

MO

Food, Beverage & Tobacco industry group

5.53%

Max: 9.38%
MO: 5.53%
Q3: 3.77%
Median: 1.76%
Q1: 0.00%
Min: 0.00%

Conagra Brands (CAG) vs. Altria (MO): A comparison of their dividend yield against the Food, Beverage & Tobacco industry group benchmark.

Dividend Payout Ratio (TTM)

Conagra Brands (CAG) at 79.55% pays out a band-typical share of earnings, while Altria (MO) at 88.45% distributes more than its industry norm — less retained, thinner cover.

CAG

Food, Beverage & Tobacco industry group

79.55%

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

MO

Food, Beverage & Tobacco industry group

88.45%

Max: 199.19%
MO: 88.45%
Q3: 81.03%
Median: 41.52%
Q1: 0.00%
Min: 0.00%

Conagra Brands (CAG) vs. Altria (MO): A comparison of their payout ratio against the Food, Beverage & Tobacco industry group benchmark.

Dividend Metrics

Dividend metrics for Conagra Brands (CAG) and Altria (MO)
Metric	CAG	MO
Dividend Yield (TTM)	7.90%	5.53%
Dividend Payout Ratio (TTM)	79.55%	88.45%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Altria (MO) trades at 15.69 times trailing earnings, ranked against its peers, while Conagra Brands (CAG) has no P/E ratio this period.

CAG

Food, Beverage & Tobacco industry group

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

MO

Food, Beverage & Tobacco industry group

15.69

Max: 52.52
Q3: 30.78
Median: 18.76
MO: 15.69
Q1: 12.77
Min: 4.72

Conagra Brands (CAG) vs. Altria (MO): CAG does not report P/E ratio, so it has no value marker; MO is benchmarked against the Food, Beverage & Tobacco industry group.

P/S Ratio (TTM)

Conagra Brands (CAG) at 0.65 prices around its industry’s typical P/S ratio, while Altria (MO) at 6.14 clears its benchmark range — MO looks notably rich on sales.

CAG

Food, Beverage & Tobacco industry group

0.65

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

MO

Food, Beverage & Tobacco industry group

6.14

MO: 6.14
Max: 4.64
Q3: 2.27
Median: 1.17
Q1: 0.52
Min: 0.00

Conagra Brands (CAG) vs. Altria (MO): A comparison of their P/S ratio against the Food, Beverage & Tobacco industry group benchmark.

P/B Ratio (MRQ)

Altria (MO) reports a negative P/B ratio of -56.93, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Conagra Brands (CAG) reports 1.14, ranking against industry peers normally.

CAG

Food, Beverage & Tobacco industry group

1.14

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

MO

Food, Beverage & Tobacco industry group

-56.93

Max: 6.35
Q3: 3.07
Median: 1.58
Q1: 0.82
Min: 0.00
MO: -56.93

Conagra Brands (CAG) vs. Altria (MO): A comparison of their P/B ratio against the Food, Beverage & Tobacco industry group benchmark.

Valuation Metrics

Valuation metrics for Conagra Brands (CAG) and Altria (MO)
Metric	CAG	MO
P/E Ratio (TTM)	--	15.69
P/S Ratio (TTM)	0.65	6.14
P/B Ratio (MRQ)	1.14	-56.93
Free Cash Flow Yield (TTM)	5.77%	5.57%