ConAgra Foods Inc (CAG)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,152,400 | 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 |
| Total assets | US$ in thousands | 22,568,100 | 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 |
| ROA | 5.11% | 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% |
May 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,152,400K ÷ $22,568,100K
= 5.11%
The analysis of ConAgra Foods Inc's return on assets (ROA) over the specified period reveals significant fluctuations that reflect the company's varying profitability and asset utilization efficiency.
Initially, as of August 28, 2022, the ROA stood at approximately 2.06%, indicating modest profitability relative to total assets. This figure experienced a notable decline by August 31, 2022, falling to approximately 0.73%, suggesting decreased efficiency or profitability during that period.
In late November 2022, the ROA increased to around 1.72% on November 27, and further rose to 2.72% by November 30, 2022, reflecting a recovery in asset efficiency. The upward trend continued into early 2023, with a notable spike to approximately 4.58% on February 26 and reaching 6.45% by February 28, 2023, indicating a period of improved profitability and/or asset management.
Mid-2023 figures show a decline from the February peak, with the ROA decreasing to 5.00% on May 28 and 3.44% on May 31, before stabilizing around 3.29% on August 27, and 3.19% on August 31. These data points suggest some volatility but overall maintenance of moderate profitability levels.
In late 2023, the ROA exhibits a positive trend again, increasing to approximately 4.35% on November 26, then to 5.48% on November 30, indicating a renewed period of improved asset efficiency. Moving into early 2024, the ROA remains stable at 5.48% on February 25, slightly decreasing to 5.43% on February 29.
However, a sharp decline occurs in mid-2024, with the ROA falling to 1.61% on May 26, and turning negative at -2.48% on May 31. The negative figures continue through August 2024 and November 2024, with ROA values at -1.69% and -1.82%, respectively, signaling potential challenges in generating profits relative to assets during this period.
A partial recovery is observed by early 2025, with the ROA rising back to approximately 1.59% on February 28, and reaching 5.11% on May 31, 2025. This upward movement suggests an improvement in operational efficiency or profitability after earlier downturns.
Overall, the company's ROA demonstrates periods of growth and decline, with notable peaks in late 2022 and early 2023, followed by subsequent declines and negative territory in mid-2024. The data indicates that ConAgra Foods Inc has experienced significant volatility in asset profitability over this period, reflecting dynamic operational and market conditions impacting its overall financial performance.
Peer comparison
May 31, 2025