ConAgra Foods Inc (CAG)

Operating return on assets (Operating ROA)

Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 May 26, 2024 Feb 29, 2024 Feb 25, 2024 Nov 30, 2023 Nov 26, 2023 Aug 31, 2023 Aug 27, 2023 May 31, 2023 May 28, 2023 Feb 28, 2023 Feb 26, 2023 Nov 30, 2022 Nov 27, 2022 Aug 31, 2022 Aug 28, 2022 May 31, 2022
Operating income (ttm) US$ in thousands 514,700 -224,300 -155,500 21,300 912,200 1,927,900 1,839,200 1,786,500 1,514,700 1,136,400 1,249,700 1,304,900 1,705,100 2,196,200 1,685,900 1,167,200 1,202,500 813,600 1,203,700 1,565,600
Total assets US$ in thousands 20,744,500 21,018,100 21,247,800 20,862,300 20,862,300 21,919,900 21,919,900 22,120,000 22,120,000 22,365,400 22,365,400 22,052,600 22,052,600 22,454,200 22,454,200 22,414,000 22,414,000 22,219,500 22,219,500 22,435,100
Operating ROA 2.48% -1.07% -0.73% 0.10% 4.37% 8.80% 8.39% 8.08% 6.85% 5.08% 5.59% 5.92% 7.73% 9.78% 7.51% 5.21% 5.36% 3.66% 5.42% 6.98%

February 28, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $514,700K ÷ $20,744,500K
= 2.48%

Based on the data provided, ConAgra Foods Inc's operating return on assets (operating ROA) has experienced fluctuations over the periods reported. The operating ROA ranged from as high as 9.78% in February 2023 to as low as -1.07% in November 2024.

Overall, ConAgra Foods Inc's operating ROA has shown some variability, with periods of improvement followed by declines. It is important for the company to closely monitor and manage its operating efficiency and asset utilization to ensure consistent and sustainable returns. Further analysis may be needed to understand the factors driving the fluctuations in operating ROA and identify opportunities for improvement.