What is Conagra Brands's SG&A?

Conagra Brands (CAG) reported SG&A of $377.6M in Q4 2025.

How has Conagra Brands's SG&A changed year-over-year?

Conagra Brands's SG&A decreased by 14.9% year-over-year, from $443.7M to $377.6M.

What is the long-term trend for Conagra Brands's SG&A?

Over 4 years (2021 to 2025), Conagra Brands's SG&A has grown at a 2.3% compound annual growth rate (CAGR), from $1.4B to $1.54B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Conagra Brands CAG SG&A

SG&A at other companies

Hormel FoodsHRL

$318.62M+26.7%

McCormick & Company, IncorporatedMKC

$456.3M+20.5%

PepsiCoPEP

$7.52B+1.5%

The Kraft Heinz CompanyKHC

$1.07B+23.7%

Tyson FoodsTSN

$527M+5.4%

BJ's Wholesale Club Holdings, Inc.BJ

$806.01M+5.9%

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:SellingGeneralAndAdministrativeExpense.

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 SG&A?: Conagra Brands (CAG) reported SG&A of $377.6M in Q4 2025.
How has Conagra Brands's SG&A changed year-over-year?: Conagra Brands's SG&A decreased by 14.9% year-over-year, from $443.7M to $377.6M.
What is the long-term trend for Conagra Brands's SG&A?: Over 4 years (2021 to 2025), Conagra Brands's SG&A has grown at a 2.3% compound annual growth rate (CAGR), from $1.4B to $1.54B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.