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Conagra Brands CAG Grocery And Snacks — Operating Income

Other segment segments

Refrigerated And Frozen
$104.8M-15.5%
International
$31.7M-5.1%
Foodservice
$26M-9.1%

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Other financials

Income statement

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Revenue$2.8B-1.9%
Gross profit$657.7M-7.4%
Operating income$280.1M+17.0%
Net income$199.8M+37.7%
EPS (diluted)$0.42+40.0%

Balance sheet

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Cash & equivalents$55.1M+11.5%
Total debt$98.2M-88.8%
Total equity$8.9B+5.8%
Total assets$19.2B-7.4%

Cash flow

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Operating cash flow$564.4M-4.7%
CapEx$95.6M+7.7%
Free cash flow$468.8M-6.8%

Valuation

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Market cap$6.32B-24.5%
Enterprise value$6.36B-28.9%
P/S0.6×-0.1×

Profitability

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Gross margin24.2%-2.3pp
Operating margin3.1%-7.6pp
Net margin-0.4%
FCF margin7.5%-4.8pp

Returns & leverage

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Return on equity13.3%
Debt / equity0.1×0.0×
Current ratio0.9×+0.2×

Where this comes from

Reported directly by Conagra Brands in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Conagra Brands’s 10-Q, filed April 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Conagra Brands's grocery and snacks — operating income?
Conagra Brands (CAG) reported grocery and snacks — operating income of $216.7M in Q4 2025.
How has Conagra Brands's grocery and snacks — operating income changed year-over-year?
Conagra Brands's grocery and snacks — operating income decreased by 10.6% year-over-year, from $242.4M to $216.7M.
What is the long-term trend for Conagra Brands's grocery and snacks — operating income?
Over 4 years (2021 to 2025), Conagra Brands's grocery and snacks — operating income has grown at a -1.8% compound annual growth rate (CAGR), from $1.09B to $1.02B.
What does grocery and snacks — operating income mean?
Calculated as the segment's revenue minus cost of goods sold and operating expenses, representing the core profitability of the Grocery and Snacks business. This metric is the primary benchmark for evaluating the segment's operational success and ability to generate sustainable earnings.