ConAgra Foods Inc (CAG)
Operating return on assets (Operating ROA)
| May 31, 2025 | May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,364,600 | 852,800 | 1,175,000 | 1,075,300 | 1,464,200 |
| Total assets | US$ in thousands | 20,933,900 | 20,862,300 | 20,862,300 | 22,052,600 | 22,052,600 |
| Operating ROA | 6.52% | 4.09% | 5.63% | 4.88% | 6.64% |
May 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $1,364,600K ÷ $20,933,900K
= 6.52%
The operating return on assets (operating ROA) for ConAgra Foods Inc demonstrates variability over the analyzed period, reflecting shifts in operational efficiency and asset utilization. As of May 28, 2023, the operating ROA stood at 6.64%, suggesting a relatively strong ability to generate operating income relative to total assets during that period. However, this figure declined to 4.88% by May 31, 2023, indicating a decrease in operational efficiency or profitability relative to assets within the month.
Moving into late May 2024, the operating ROA increased to 5.63% as of May 26, 2024, signaling a recovery or improvement in operational performance. Nonetheless, by the end of May 2024 (May 31, 2024), the metric further decreased to 4.09%, which could suggest cyclical or short-term operational challenges affecting asset productivity.
Looking ahead to May 31, 2025, the operating ROA significantly improved to 6.52%, surpassing previous levels and indicating a noteworthy enhancement in operational efficiency or asset management capabilities during this period. Overall, the observed fluctuations highlight periods of both underperformance and recovery, emphasizing the importance of examining underlying operational factors and external influences impacting asset utilization and profitability over time.
Peer comparison
May 31, 2025