ConAgra Foods Inc (CAG)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 329,100 | -383,300 | -359,200 | -517,400 | 336,100 | 1,189,600 | 1,200,700 | 1,211,800 | 963,100 | 714,400 | 736,400 | 758,400 | 1,102,800 | 1,447,200 | 1,028,000 | 608,800 | 385,800 | 162,800 | 458,700 | 754,600 |
| 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 |
| ROA | 1.59% | -1.82% | -1.69% | -2.48% | 1.61% | 5.43% | 5.48% | 5.48% | 4.35% | 3.19% | 3.29% | 3.44% | 5.00% | 6.45% | 4.58% | 2.72% | 1.72% | 0.73% | 2.06% | 3.36% |
February 28, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $329,100K ÷ $20,744,500K
= 1.59%
ConAgra Foods Inc's return on assets (ROA) has shown fluctuations over the periods analyzed. The ROA ranged from a low of -2.48% on May 31, 2024, to a high of 6.45% on February 28, 2023. The trend appears to be somewhat volatile, with significant ups and downs throughout the period.
Overall, the ROA has demonstrated some degree of inconsistency, indicating variability in the company's ability to generate profits from its assets. It would be important to further investigate the reasons behind these fluctuations to better understand the underlying factors influencing the company's performance in utilizing its assets to generate returns for its stakeholders.
Peer comparison
Feb 28, 2025