ConAgra Foods Inc (CAG)
Total asset turnover
| May 31, 2025 | May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,612,800 | 12,050,900 | 11,624,600 | 12,277,000 | 11,852,600 |
| Total assets | US$ in thousands | 20,933,900 | 20,862,300 | 20,862,300 | 22,052,600 | 22,052,600 |
| Total asset turnover | 0.55 | 0.58 | 0.56 | 0.56 | 0.54 |
May 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $11,612,800K ÷ $20,933,900K
= 0.55
The analysis of ConAgra Foods Inc.'s total asset turnover ratio over the specified periods indicates a generally stable trend with slight fluctuations. As of May 28, 2023, the ratio was recorded at 0.54, reflecting the company's efficiency in generating sales from its assets at that point in time. By May 31, 2023, the ratio increased marginally to 0.56, suggesting a modest improvement in asset utilization. This upward trend continued into May 26, 2024, maintaining the same ratio of 0.56, which indicates stability in asset efficiency during that period.
Subsequently, on May 31, 2024, the ratio increased further to 0.58, representing a small but notable enhancement in how effectively the company is deploying its assets to generate sales. However, by May 31, 2025, the ratio slightly declined to 0.55, implying a minor reduction in asset utilization efficiency relative to the previous year.
Overall, the data suggests that ConAgra Foods Inc. has maintained a relatively consistent total asset turnover ratio within a narrow range of approximately 0.54 to 0.58 over the analyzed periods. These fluctuations reflect minor variations in operational efficiency but do not indicate significant changes in the company's asset utilization performance during this timeframe.
Peer comparison
May 31, 2025