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Conagra Brands CAG Impairment Charges

Impairment Charges at other companies

The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
$4.91B+90.9%
J&J Snack Foods logo
J&J Snack FoodsJJSF
$0-100%

Other financials

Income statement

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Revenue$2.9B+3.6%
Gross profit$704.1M-0.4%
Operating income-$1.7B-617%
Net income-$1.6B-732%
EPS (diluted)-$3.37-736%

Balance sheet

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Cash & equivalents$218.0M+221%
Total debt$481.3M-63.4%
Total equity$8.9B+5.8%
Total assets$17.3B-17.5%

Cash flow

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Operating cash flow$506.5M+46.5%
CapEx$109.2M+28.3%
Free cash flow$397.3M+52.5%

Valuation

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Market cap$7.18B-20.5%
Enterprise value$7.45B-27.6%
P/S0.6×-0.1×

Profitability

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Gross margin23.9%-1.9pp
Operating margin-14.4%-26.2pp
Net margin-17%-26.9pp
FCF margin8.7%-2.5pp

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:ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill.

The source filing: Conagra Brands’s 10-K, filed July 15, 2026.

Filed
Jul 15, 2026, 4:31 PM EDT
Fiscal year
FY2026
Accession
0001104659-26-083905

In the fourth quarter of fiscal 2026, we also recognized impairment charges on certain indefinite lived intangibles within other intangible asset impairment charges of $350.2 million within our Grocery & Snacks and Refrigerated & Frozen segments. The most notable brands with impairments included Birds Eye®*,*Armour®, Bertolli®, Angie’s® BOOMCHICKAPOP®, and Wish-Bone®. All brands were negatively impacted by the increase in our discount rate discussed above. Several of these brands were also negatively impacted by revised sales growth expectations. Including the impairments of certain brands recognized in the second quarter of fiscal 2026, discussed above, our total brand impairment charges recognized in fiscal 2026 were $547.2 million.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Conagra Brands's impairment charges?
Conagra Brands (CAG) reported impairment charges of $350.2M in Q1 2026.
How has Conagra Brands's impairment charges changed year-over-year?
Conagra Brands's impairment charges increased by 558.3% year-over-year, from $53.2M to $350.2M.
What does impairment charges mean?
Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

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