ConAgra Foods Inc (CAG)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	8,779,100	8,800,700	8,695,600	8,440,400	8,440,400	9,154,900	9,154,900	9,074,200	9,004,000	8,955,100	8,884,500	8,807,300	8,736,800	8,938,300	8,866,400	8,737,700	8,666,300	8,504,300	8,504,300	8,787,700
ROE		3.75%	-4.36%	-4.13%	-6.13%	3.98%	12.99%	13.12%	13.35%	10.70%	7.98%	8.29%	8.61%	12.62%	16.19%	11.59%	6.97%	4.45%	1.91%	5.39%	8.59%

February 28, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $329,100K ÷ $8,779,100K
= 3.75%

ConAgra Foods Inc's return on equity (ROE) has fluctuated over the reporting periods provided. The ROE was relatively stable at single-digit percentages between May 2022 and August 2023, ranging from 1.91% to 12.62%. There was a notable increase in ROE in the latter part of fiscal year 2023, reaching a peak of 16.19% in February 2023. However, the ROE then declined in the subsequent periods.

By May 2024, the ROE had turned negative, indicating that the company's net income was not sufficient to cover the shareholders' equity. This trend continued into the next reporting periods, with negative ROE values recorded in August and November 2024. The ROE improved slightly to 3.75% in February 2025.

Overall, ConAgra Foods Inc's ROE demonstrates variability and has shown both positive and negative trends in recent years. Investors and stakeholders may need to closely monitor the company's financial performance and profitability to assess its ability to generate returns for shareholders.