ConAgra Foods Inc (CAG)
Pretax margin
| May 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,156,200 | 392,200 | -398,700 | -340,000 | -263,500 | 596,400 | 1,587,400 | 1,600,900 | 1,614,400 | 1,180,300 | 810,400 | 784,000 | 807,800 | 1,308,200 | 1,793,400 | 1,289,300 | 784,400 | 465,900 | 147,100 | 540,100 |
| Revenue (ttm) | US$ in thousands | 11,612,800 | 11,736,900 | 11,700,100 | 11,537,900 | 11,661,100 | 11,963,300 | 12,243,900 | 12,115,000 | 12,014,400 | 11,779,600 | 11,547,400 | 11,729,900 | 11,878,000 | 12,217,600 | 12,582,900 | 12,400,700 | 12,251,800 | 11,848,900 | 11,457,200 | 11,466,600 |
| Pretax margin | 9.96% | 3.34% | -3.41% | -2.95% | -2.26% | 4.99% | 12.96% | 13.21% | 13.44% | 10.02% | 7.02% | 6.68% | 6.80% | 10.71% | 14.25% | 10.40% | 6.40% | 3.93% | 1.28% | 4.71% |
May 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,156,200K ÷ $11,612,800K
= 9.96%
The pretax margin of ConAgra Foods Inc. has demonstrated considerable fluctuation over the period analyzed. Starting from a low of approximately 1.28% at the end of August 2022, the pretax margin exhibited an overall upward trend, reaching a peak of approximately 14.25% in late February 2023. This increase indicates an improvement in profitability before tax expenses during this period, reflecting a more favorable operating environment or effective cost management.
Subsequently, the pretax margin remained relatively strong throughout the rest of 2023, with values around 6.80% to 7.02% by mid-2023, and reaching approximately 13.44% by late November 2023. This sustained performance suggests periods of operational efficiency and margin expansion, although there were some fluctuations indicating variability in earnings before tax.
In early 2024, the pretax margin experienced a slight decline, moving from about 12.96% in late February 2024 to approximately 3.34% in late February 2025. Notably, the margin turned negative at several points, notably reaching -2.26% and -2.95% in mid-2024, signaling periods of pre-tax losses which could be attributable to increased operating costs, restructuring charges, or other financial challenges impacting profitability.
Towards the end of the observed timeframe, the pretax margin showed signs of recovery, climbing to nearly 10% by mid-2025, specifically reaching 9.96%. This return towards positive territory indicates a potential improvement in operational performance or cost control measures materializing after periods of adverse performance.
Overall, the pretax margin pattern indicates periods of volatility with significant peaks and troughs. The initial growth and subsequent declines suggest that ConAgra Foods Inc. has experienced varied operational conditions, with recent signs of recovery after negative margins, possibly reflecting adjustments in strategic initiatives, cost management, or market conditions impacting the company's profitability before income taxes.
Peer comparison
May 31, 2025