CAGCONAGRA BRANDS INC.
Food And Kindred Products
- Revenue
- $11.3B
- 2.9% YoY
- Operating margin
- -14.4%
- 223% YoY
- EBITDA
- −$1.2B
- 170% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $7.4B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear49% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired46% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $11.5B | $12.3B | $12.1B | $11.6B | $11.3B | 2.9% |
| Operating income | $1.6B | $1.1B | $853M | $1.4B | −$1.6B | 219% |
| Net income | $888M | $683M | $348M | $1.2B | −$1.9B | 266% |
| Operating cash flow | $1.2B | $995M | $2.0B | $1.7B | $1.4B | 17% |
| Capex | $464M | $362M | $388M | $389M | $423M | 8.8% |
| Stock-based comp | $26M | $79M | $31M | $42M | $55M | 32% |
| Buybacks | $50M | $150M | — | $64M | $15M | 76% |
| Dividends | $582M | $624M | $659M | $669M | $670M | 0.1% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $14M | $5M | 45 | 88 |
| FY2025 | $13M | −$2M | 70 | 95 |
| FY2024 | $24M | $7M | 90 | 104 |
| FY2023 | $19M | $31M | 98 | 116 |
| FY2022 | $12M | −$897K | 90 | 105 |