CONAGRA BRANDS INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $1.5b $7.8b $7.9b $9.5b $11.1b $11.2b $11.5b $12.3b $12.1b $11.6b
Cost of Revenue $1.1b $5.5b $5.6b $6.9b $8.0b $8.0b $8.7b $9.0b $8.7b $8.6b
Gross Profit (derived) $413.8m $2.3b $2.4b $2.7b $3.1b $3.2b $2.8b $3.3b $3.3b $3.0b
Operating expenses:
Operating Income (Loss) $1.7b $1.2b $1.4b $1.6b $1.8b $2.1b $1.6b $1.5b $1.2b $1.4b
Additional Financial Items
Amortization of Intangible Assets $36.7m $33.6m $34.9m $49.1m $59.8m $59.7m $59.3m $56.8m $53.6m $53.7m
Foreign Currency Transaction Gain (Loss), before Tax ($7.7m) ($1.5m) ($1.4m) ($2.3m) ($1.7m) $8.2m $2.5m $2.8m $1.3m $2.6m
Goodwill, Impairment Loss $198.9m $141.7m $526.5m
Income (Loss) from Continuing Operations, Per Basic Share $1 $1 $2 $2 $2 $3 $2 $1 $1 $2
Income (Loss) from Continuing Operations, Per Diluted Share $1 $1 $2 $2 $2 $3 $2 $1 $1 $2
Income (Loss) from Equity Method Investments $137.8m $71.2m $97.3m $75.8m $73.2m $84.4m $145.3m $212.0m $177.6m $182.4m
Investment Income, Interest $1.3m $3.7m $3.8m $6.8m $3.1m $1.9m $2.1m $3.9m $5.7m $2.5m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $721.4m $800.7m $972.1m $899.1m $1.0b $1.5b $1.2b $901.9m $610.2m $1.2b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $484.9m $544.1m $794.1m $680.2m $840.1m $1.3b $888.2m $683.6m $347.2m $1.2b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $496.0m $546.0m $797.5m $680.3m $841.8m $1.3b $0 $400k $500k $100k
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($1.2b) $102.0m $14.3m ($1.9m) $0 $0 $0 $400k $500k $100k
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $95.2m $14.3m ($1.9m) $347.2m
Net Income (Loss) Attributable to Parent ($677.0m) $639.3m $808.4m $678.3m $840.1m $1.3b $888.2m $683.6m $347.2m $1.2b
Net Income (Loss) Attributable to Noncontrolling Interest $11.1m $8.7m $3.4m $100k $1.7m $2.1m $0 ($400k) $500k $100k
Earnings Per Share, Basic ($1.57) $1.48 $2.00 $1.53 $1.72 $2.67 $1.85 $1.43 $0.73 $2.41
Earnings Per Share, Diluted ($1.56) $1.46 $1.98 $1.52 $1.72 $2.66 $1.84 $1.42 $0.72 $2.40
Common Stock, Dividends, Per Share, Declared $1.00 $0.90 $0.85 $0.85 $0.85 $1.04 $1.84 $1.32 $1.40 $1.40
Weighted Average Number of Shares Outstanding, Basic 434.4m 431.9m 403.9m 444.0m 487.3m 485.8m 480.3m 478.9m 478.6m 478.3m
Weighted Average Number of Shares Outstanding, Diluted 438.5m 436.0m 407.4m 445.6m 488.6m 487.8m 482.2m 480.7m 480.0m 479.7m
General and Administrative Expense $313.3m $379.0m $462.2m $368.5m $364.8m $241.6m $388.9m $322.2m
Selling, General and Administrative Expense $2.2b $1.4b $1.3b $1.5b $1.6b $1.4b $1.5b $2.2b $2.5b $1.5b
Interest Expense $297.8m
Current Income Tax Expense (Benefit) $398.1m $214.7m $203.4m $169.6m $223.2m $279.7m $253.2m $372.8m $355.6m $227.8m
Marketing and Advertising Expense $371.4m $328.3m $278.6m $253.4m $230.7m $258.0m $244.6m $290.1m $289.6m $263.2m
Research and Development Expense $66.7m $44.6m $47.3m $56.1m $56.4m $51.3m $53.4m $57.7m $61.4m $60.8m
Restructuring and Related Cost, Incurred Cost $600k $600k
Income Tax Expense (Benefit) $225.4m $254.7m $174.6m $218.8m $201.3m $193.8m $290.5m $218.7m $262.5m $3.7m
Interest Income (Expense), Net ($297.8m) ($195.5m) ($158.7m) ($391.4m) ($487.1m) ($420.4m) ($379.9m) ($409.6m) ($430.5m) ($416.7m)
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component ($35.1m) ($9.9m) ($54.5m) ($67.3m) ($24.2m) ($10.3m) ($25.9m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.