ConAgra Foods Inc (CAG)

Return on assets (ROA)

		May 31, 2025	May 31, 2024	May 26, 2024	May 31, 2023	May 28, 2023
Net income	US$ in thousands	1,152,500	347,200	347,200	683,600	683,600
Total assets	US$ in thousands	20,933,900	20,862,300	20,862,300	22,052,600	22,052,600
ROA		5.51%	1.66%	1.66%	3.10%	3.10%

May 31, 2025 calculation

ROA = Net income ÷ Total assets
= $1,152,500K ÷ $20,933,900K
= 5.51%

The analysis of ConAgra Foods Inc.'s Return on Assets (ROA) over the specified periods indicates notable fluctuations and trends in the company's efficiency in generating net income from its total assets. As of May 28, 2023, the ROA stood at 3.10%, a figure that remained unchanged through May 31, 2023. This stability suggests a consistent level of asset utilization and profitability during this window.

By May 26, 2024, the ROA declined significantly to 1.66%, representing approximately a 46.5% decrease from the previous year’s level. This downturn reflects a reduced ability to generate profit from the company's assets, which could be attributed to various factors such as increased asset base, decreased net income, or operational challenges within that period.

However, in the subsequent year, the ROA exhibited a marked improvement, rising to 5.51% by May 31, 2025. This significant increase signifies an enhanced efficiency in asset utilization or profitability improvements, potentially stemming from operational gains, cost efficiencies, or favorable market conditions affecting net income positively.

In summary, during the analyzed timeframe, ConAgra Foods Inc. experienced an initial period of stability in ROA, followed by a substantial decline, and subsequently a notable recovery. These movements underscore the importance of examining underlying operational factors and strategic initiatives that may have influenced the company's asset productivity and overall profitability during these periods.