CONAGRA BRANDS INC.
CAG · Food and Kindred Products · 478.4M shares · +2%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $71M (gross $150M, SBC $79M)
Reference price $14.31 · est. market cap ~$6.8B — last insider purchase, 2026-04-14 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B73Above-average packaged-food maker with elite cash generation but declining sales and broad-based margin pressure.
Strengths
- FCF margin 11.2% and OCF margin 14.6% (both 100th pct), FCF $1.3B (90th); net margin 9.9% (93rd)
- ROE 12.9% (71st) and ROA 5.5% (82nd) with diversified frozen/grocery brand portfolio
Risks
- Net sales fell 3.6% with operating profit down in every segment; gross margin only 26% (43rd pct)
- Input-cost inflation/tariffs, restructuring charges ($91M) and legacy legal charges ($89M)
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Weak liquidityCurrent ratio 0.71 (<1)
- Insider buyingInsider buying — 2 open-market buy(s) by 2 insider(s) (cluster of 2 insiders, ~$608,902, last 6mo) Form 4 ↗
- China exposureThe global economy has been negatively impacted by geopolitical conflicts, and related export controls and economic sanctions, including the continuing military conflict between Russia and Ukraine, co
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
25.9%
Operating margin
11.8%
Net margin
9.9%
Return on equity
12.9%
Return on assets
5.5%
ROIC
7.1%
Revenue growth (QoQ)
-6.4%
Net-income growth
231.9%
Debt / equity
0.7×
Net debt / EBITDA
3.5×
Current ratio
0.7×
Free cash flow
$1.3B
EBITDA
$1.8B
Tangible book value
-$4.0B
Cash & investments
$68M
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-01 | LORA MELISSA | Grant | 13K | — |
| 2026-06-01 | Paulonis Denise | Grant | 13K | — |
| 2026-06-01 | Dowdie George | Grant | 13K | — |
| 2026-06-01 | Mulligan John J | Grant | 13K | — |
| 2026-06-01 | Fraga Francisco | Grant | 13K | — |
| 2026-06-01 | MARSHALL RUTH ANN | Grant | 13K | — |
| 2026-06-01 | Satriano Pietro | Grant | 13K | — |
| 2026-06-01 | MARSHALL RUTH ANN | Grant | 2.0K | $13.11 |
| 2026-06-01 | CHIRICO EMANUEL | Grant | 13K | — |
| 2026-06-01 | BROWN THOMAS K | Grant | 13K | — |
| 2026-06-01 | LENNY RICHARD H | Grant | 33K | — |
| 2026-06-01 | Arora Anil | Grant | 13K | — |
| 2026-04-14 | LENNY RICHARD H | Buy | 25K | $14.34 |
| 2026-04-14 | Mulligan John J | Buy | 18K | $14.31 |
| 2026-03-02 | Satriano Pietro | Grant | 3.2K | — |
| 2026-03-02 | MARSHALL RUTH ANN | Grant | 1.6K | $19.18 |
| 2026-03-02 | Mulligan John J | Grant | 3.2K | — |
| 2025-12-01 | MARSHALL RUTH ANN | Grant | 1.8K | $17.67 |
| 2025-11-04 | Napier Melissa C. | Sell | 13K | $17.19 |
| 2025-10-07 | BROWN THOMAS K | Buy | 10K | $18.72 |
| 2025-09-02 | MARSHALL RUTH ANN | Grant | 1.7K | $18.77 |
| 2025-07-24 | MARBERGER DAVID S | Tax withheld | 5.1K | $19.30 |
| 2025-07-24 | McGough Thomas M | Grant | 11K | — |
| 2025-07-24 | McGough Thomas M | Tax withheld | 5.1K | $19.30 |
| 2025-07-24 | O'Mara Noelle | Tax withheld | 2.0K | $19.30 |
| 2025-07-24 | O'Mara Noelle | Grant | 7.3K | — |
| 2025-07-24 | O'Mara Noelle | Tax withheld | 3.2K | $19.30 |
| 2025-07-24 | MARBERGER DAVID S | Grant | 11K | — |
| 2025-07-24 | Johnson William Eric | Grant | 2.3K | — |
| 2025-07-24 | Johnson William Eric | Tax withheld | 671 | $19.30 |
| 2025-07-24 | Eboli Alexandre | Grant | 11K | — |
| 2025-07-24 | Eboli Alexandre | Tax withheld | 6.9K | $19.30 |
| 2025-07-24 | Connolly Sean | Grant | 43K | — |
| 2025-07-24 | Connolly Sean | Tax withheld | 18K | $19.30 |
| 2025-07-24 | Bartell Carey | Grant | 5.5K | — |
| 2025-07-24 | Bartell Carey | Tax withheld | 2.4K | $19.30 |
| 2025-07-24 | Brock Charisse | Grant | 5.5K | — |
| 2025-07-24 | Brock Charisse | Tax withheld | 2.4K | $19.30 |
| 2025-07-24 | McGough Thomas M | Grant | 11K | — |
| 2025-07-24 | McGough Thomas M | Tax withheld | 5.1K | $19.30 |
| 2025-07-24 | O'Mara Noelle | Grant | 34K | — |
| 2025-07-24 | O'Mara Noelle | Tax withheld | 15K | $19.30 |
| 2025-07-24 | O'Mara Noelle | Grant | 4.6K | — |
| 2025-07-20 | McGough Thomas M | Option exercise | 46K | — |
| 2025-07-20 | McGough Thomas M | Tax withheld | 20K | $19.07 |
| 2025-07-20 | McGough Thomas M | Option exercise | 46K | — |
| 2025-07-20 | McGough Thomas M | Tax withheld | 20K | $19.07 |
| 2025-07-20 | Connolly Sean | Tax withheld | 77K | $19.07 |
| 2025-07-20 | MARBERGER DAVID S | Option exercise | 46K | — |
| 2025-07-20 | Connolly Sean | Option exercise | 183K | — |
| 2025-07-20 | Eboli Alexandre | Option exercise | 14K | — |
| 2025-07-20 | Bartell Carey | Option exercise | 8.3K | — |
| 2025-07-20 | Bartell Carey | Tax withheld | 3.7K | $19.07 |
| 2025-07-20 | Johnson William Eric | Tax withheld | 1.0K | $19.07 |
| 2025-07-20 | Johnson William Eric | Option exercise | 3.5K | — |
| 2025-07-20 | Brock Charisse | Option exercise | 23K | — |
| 2025-07-20 | Eboli Alexandre | Tax withheld | 4.1K | $19.07 |
| 2025-07-20 | Brock Charisse | Tax withheld | 9.7K | $19.07 |
| 2025-07-20 | MARBERGER DAVID S | Tax withheld | 20K | $19.07 |
| 2025-07-19 | Connolly Sean | Option exercise | 38K | — |
| 2025-07-19 | McGough Thomas M | Option exercise | 10K | — |
| 2025-07-19 | McGough Thomas M | Tax withheld | 4.4K | $19.07 |
| 2025-07-19 | Bartell Carey | Option exercise | 3.6K | — |
| 2025-07-19 | Bartell Carey | Tax withheld | 1.6K | $19.07 |
| 2025-07-19 | Brock Charisse | Option exercise | 4.9K | — |
| 2025-07-19 | Brock Charisse | Tax withheld | 2.0K | $19.07 |
| 2025-07-19 | Connolly Sean | Tax withheld | 16K | $19.07 |
| 2025-07-19 | Eboli Alexandre | Option exercise | 6.5K | — |
| 2025-07-19 | Eboli Alexandre | Tax withheld | 2.9K | $19.07 |
| 2025-07-19 | Johnson William Eric | Option exercise | 1.5K | — |
| 2025-07-19 | Johnson William Eric | Tax withheld | 450 | $19.07 |
| 2025-07-19 | MARBERGER DAVID S | Option exercise | 10K | — |
| 2025-07-19 | MARBERGER DAVID S | Tax withheld | 4.5K | $19.07 |
| 2025-07-19 | McGough Thomas M | Option exercise | 10K | — |
| 2025-07-19 | McGough Thomas M | Tax withheld | 4.5K | $19.07 |
| 2025-07-17 | Brock Charisse | Tax withheld | 12K | $18.97 |
| 2025-07-17 | Brock Charisse | Grant | 28K | — |
| 2025-07-17 | MARBERGER DAVID S | Grant | 56K | — |
| 2025-07-17 | MARBERGER DAVID S | Tax withheld | 17K | $18.97 |
| 2025-07-17 | Connolly Sean | Grant | 221K | — |
| 2025-07-17 | Connolly Sean | Tax withheld | 98K | $18.97 |
| 2025-07-17 | Bartell Carey | Tax withheld | 4.4K | $18.97 |
| 2025-07-17 | Bartell Carey | Grant | 10.0K | — |
| 2025-07-17 | McGough Thomas M | Grant | 56K | — |
| 2025-07-17 | McGough Thomas M | Tax withheld | 25K | $18.97 |
| 2025-07-17 | Eboli Alexandre | Tax withheld | 7.4K | $18.97 |
| 2025-07-17 | Eboli Alexandre | Grant | 17K | — |
| 2025-07-17 | McGough Thomas M | Tax withheld | 25K | $18.97 |
| 2025-07-17 | McGough Thomas M | Grant | 56K | — |
| 2025-06-06 | Bartell Carey | Option exercise | 26K | — |
| 2025-06-06 | Bartell Carey | Tax withheld | 7.7K | $22.39 |
| 2025-06-02 | MARSHALL RUTH ANN | Grant | 1.4K | $22.76 |
| 2025-05-27 | Arora Anil | Grant | 7.5K | — |
| 2025-05-27 | LORA MELISSA | Grant | 7.5K | — |
| 2025-05-27 | BROWN THOMAS K | Grant | 7.5K | — |
| 2025-05-27 | Paulonis Denise | Grant | 7.5K | — |
| 2025-05-27 | Dowdie George | Grant | 7.5K | — |
| 2025-05-27 | CHIRICO EMANUEL | Grant | 7.5K | — |
| 2025-05-27 | MARSHALL RUTH ANN | Grant | 7.5K | — |
| 2025-05-27 | Horowitz Fran | Grant | 7.5K | — |
| 2025-05-27 | LENNY RICHARD H | Grant | 19K | — |
| 2025-05-27 | Fraga Francisco | Grant | 7.5K | — |
| 2025-03-03 | MARSHALL RUTH ANN | Grant | 1.2K | $26.05 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-23 | Exec/director change | filing ↗ |
| 2026-05-07 | 5.03Exhibits | filing ↗ |
| 2026-04-13 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-04-01 | ResultsExhibits | filing ↗ |
| 2026-02-18 | Exec/director change | filing ↗ |
| 2026-02-17 | Reg FDExhibits | filing ↗ |
| 2025-12-19 | ResultsExhibits | filing ↗ |
| 2025-10-06 | Exec/director change | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-23 | 2026-06-22 | 0000023217-26-000018 ↗ |
| 8-K | 2026-05-07 | 2026-05-05 | 0000023217-26-000015 ↗ |
| 8-K | 2026-04-13 | 2026-04-08 | 0000023217-26-000013 ↗ |
| 10-Q | 2026-04-01 | 2026-02-22 | 0001104659-26-038548 ↗ |
| 8-K | 2026-04-01 | 2026-04-01 | 0000023217-26-000010 ↗ |
| 8-K | 2026-02-18 | 2026-02-18 | 0000023217-26-000005 ↗ |
| 8-K | 2026-02-17 | 2026-02-16 | 0000023217-26-000002 ↗ |
| 10-Q | 2025-12-19 | 2025-11-23 | 0001104659-25-123200 ↗ |
| 8-K | 2025-12-19 | 2025-12-19 | 0000023217-25-000094 ↗ |
| 8-K | 2025-10-06 | 2025-10-02 | 0000023217-25-000089 ↗ |
| 8-K | 2025-10-01 | 2025-10-01 | 0000023217-25-000083 ↗ |
| 10-Q | 2025-10-01 | 2025-08-24 | 0001104659-25-095651 ↗ |