# CONAGRA BRANDS, INC. (CAG) · Edgar & Edgarette company card

> Conagra Brands (CAG) saw revenue fall 2.9% in FY2026 to $11.3 billion, operating margin -14.4% against a 7.3% median for food and kindred products, equity 36.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 23217 · fiscal year ended 2026-05-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/CAG) · [JSON](https://www.pops4.com/boards/company/CAG.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $11.3B |
| Revenue growth, 1 year | -2.9% |
| Revenue growth per year | -0.6% |
| Operating margin | -14.4% (prior year 11.8%) |
| Net margin | -17.0% |
| Operating cash flow | $1.4B |
| Capital spending | $423M |
| Free cash flow | $979M |
| Cash | $218M |
| Long-term debt | $7.2B |
| Total assets | $17.3B |
| Total equity | $6.4B |
| Equity ÷ assets | 36.8% |
| Return on equity | -30.1% |
| Dividend per share | $1.4 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 0.65 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · operating loss: a margin of -14.4% in FY2026
- Cash Compass: Steady earner · steady and paying a dividend, with average cash

## Edgarette's reading

Exposure: revenue $11.3B (FY2026), total debt $7.2B. Experience: revenue down 2.9% on the year, down 0.6% a year over 4 years; operating margin -14.4%, down from 11.8%. Soundness: equity 36.8% of assets, return on equity -30.1%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $9.9B and $11.4B next year (method v4.1: its own 5-year record of growth weighed at 57% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $9.2B to $12.1B. A statistical range, not company guidance. Against peers (10 filers, $50M+ revenue, food and kindred products): operating margin -14.4% against a 7.3% median; growth -2.9% against 4.4%.

Range logged 2026-09-27, receipt 1fae99251b9afa86, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-07-28 ([filing](https://www.sec.gov/Archives/edgar/data/23217/000002321726000028/0000023217-26-000028-index.htm))

## Recent filings

- 10-Q · filed 2026-09-30 · [filing](https://www.sec.gov/Archives/edgar/data/23217/000110465926112354/0001104659-26-112354-index.htm)
- 8-K · filed 2026-09-30 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/23217/000002321726000052/0000023217-26-000052-index.htm)
- 8-K · filed 2026-09-28 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/23217/000002321726000047/0000023217-26-000047-index.htm)
- DEF 14A · filed 2026-08-11 · [filing](https://www.sec.gov/Archives/edgar/data/23217/000002321726000037/0000023217-26-000037-index.htm)
- 8-K · filed 2026-07-28 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/23217/000002321726000032/0000023217-26-000032-index.htm)
- 8-K · filed 2026-07-28 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/23217/000002321726000028/0000023217-26-000028-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000023217.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=23217

## Cite

POPS4, Edgar & Edgarette: CONAGRA BRANDS, INC. (CAG) company card, from the company's own SEC filings, accessed 2026-11-12, https://www.pops4.com/boards/company/CAG. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.