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Conagra Brands Inc.. (CAG) Stock Fundamental Analysis & AI Rating 2026

CAG NYSE Food and Kindred Products DE CIK: 0000023217
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-11-23
Combined AI Rating
SELL
84% Confidence
STRONG AGREEMENT
SELL
85% Conf
SELL
83% Conf

📊 CAG Key Takeaways

Revenue: $5.6B
Net Margin: -8.9%
Free Cash Flow: $112.6M
Current Ratio: 0.89x
Debt/Equity: 0.89x
EPS: $-1.04
AI Rating: SELL with 85% confidence
Conagra Brands Inc.. (CAG) receives a SELL rating with 84% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $5.6B, net profit margin of -8.9%, and return on equity (ROE) of -6.2%, Conagra Brands Inc.. demonstrates mixed fundamentals in the Consumer sector. Below is our complete CAG stock analysis for 2026.

Is Conagra Brands Inc.. (CAG) a Good Investment?

Claude

Conagra Brands is experiencing severe profitability deterioration with negative operating and net margins despite significant revenue growth, indicating operational distress rather than healthy expansion. The company's weak liquidity position (0.89x current ratio, $46.6M cash against $7.2B debt) combined with negative interest coverage and negative returns on equity/assets raises substantial concerns about financial stability and debt service capacity.

ChatGPT

Conagra’s latest fundamentals show weak earnings quality: despite a reported surge in revenue, margins are negative, net losses are substantial, and interest coverage is below zero. The business is still generating positive operating cash flow and free cash flow, but liquidity is thin and leverage remains meaningful, limiting flexibility until profitability and coverage ratios recover.

Why Buy Conagra Brands Inc.. Stock? CAG Key Strengths

Claude
  • + Strong revenue growth of 2886.8% YoY suggests significant business expansion or major acquisition integration
  • + Positive operating cash flow of $331.2M demonstrates underlying business can generate cash despite accounting losses
  • + Free cash flow of $112.6M after capital expenditures provides some liquidity cushion for debt obligations
ChatGPT
  • + Positive operating cash flow and free cash flow despite earnings pressure
  • + Large asset base and positive stockholders' equity provide some balance sheet support
  • + Gross margin remains positive, indicating the core business still retains underlying pricing power

CAG Stock Risks: Conagra Brands Inc.. Investment Risks

Claude
  • ! Severe profitability crisis with -8.9% net margin and -4.5% operating margin indicating fundamental operational challenges
  • ! Critically low liquidity with current ratio of 0.89x and quick ratio of 0.28x creating potential working capital stress
  • ! High leverage with $7.2B long-term debt and negative interest coverage ratio (-0.8x) raises debt sustainability concerns and refinancing risks
  • ! Negative returns on equity (-6.2%) and assets (-2.6%) indicate shareholder capital is being destroyed rather than deployed productively
  • ! Extreme revenue growth rate (2886.8%) is unsustainable and may reflect one-time acquisition or accounting adjustments rather than organic growth
ChatGPT
  • ! Negative operating and net margins signal significant profitability deterioration
  • ! Weak liquidity with a 0.89x current ratio and 0.28x quick ratio raises near-term balance sheet pressure
  • ! High debt load and negative interest coverage suggest constrained financial flexibility if earnings do not rebound

Key Metrics to Watch

Claude
  • * Operating margin recovery trajectory and path to profitability
  • * Debt-to-EBITDA ratio and refinancing schedule for maturing obligations
  • * Cash conversion and free cash flow sustainability relative to debt service requirements
  • * Organic revenue growth rate once integration is complete
  • * Working capital trends and ability to maintain current ratio above 1.0x
ChatGPT
  • * Operating margin and interest coverage
  • * Free cash flow generation relative to long-term debt

Conagra Brands Inc.. (CAG) Financial Metrics & Key Ratios

Revenue
$5.6B
Net Income
$-499.1M
EPS (Diluted)
$-1.04
Free Cash Flow
$112.6M
Total Assets
$19.5B
Cash Position
$46.6M

💡 AI Analyst Insight

The relatively thin 2.0% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.

CAG Profit Margin, ROE & Profitability Analysis

Gross Margin 23.8%
Operating Margin -4.5%
Net Margin -8.9%
ROE -6.2%
ROA -2.6%
FCF Margin 2.0%

CAG vs Consumer Sector: How Conagra Brands Inc.. Compares

How Conagra Brands Inc.. compares to Consumer sector averages

Net Margin
CAG -8.9%
vs
Sector Avg 8.0%
CAG Sector
ROE
CAG -6.2%
vs
Sector Avg 18.0%
CAG Sector
Current Ratio
CAG 0.9x
vs
Sector Avg 1.5x
CAG Sector
Debt/Equity
CAG 0.9x
vs
Sector Avg 0.8x
CAG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Conagra Brands Inc.. Stock Overvalued? CAG Valuation Analysis 2026

Based on fundamental analysis, Conagra Brands Inc.. shows some fundamental concerns relative to the Consumer sector in 2026.

Return on Equity
-6.2%
Sector avg: 18%
Net Profit Margin
-8.9%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.89x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Conagra Brands Inc.. Balance Sheet: CAG Debt, Cash & Liquidity

Current Ratio
0.89x
Quick Ratio
0.28x
Debt/Equity
0.89x
Debt/Assets
58.6%
Interest Coverage
-0.84x
Long-term Debt
$7.2B

CAG Revenue & Earnings Growth: 5-Year Financial Trend

CAG 5-year financial data: Year 2021: Revenue $11.2B, Net Income $678.3M, EPS $1.52. Year 2022: Revenue $11.5B, Net Income $840.1M, EPS $1.72. Year 2023: Revenue $12.3B, Net Income $1.3B, EPS $2.66. Year 2024: Revenue $12.3B, Net Income $888.2M, EPS $1.84. Year 2025: Revenue $12.3B, Net Income $683.6M, EPS $1.42.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Conagra Brands Inc..'s revenue has shown modest growth of 10% over the 5-year period. The most recent EPS of $1.42 reflects profitable operations.

CAG Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
2.0%
Free cash flow / Revenue

CAG Quarterly Earnings & Performance

Quarterly financial performance data for Conagra Brands Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $2.8B $145.1M $0.30
Q2 2026 $3.0B $164.5M $0.59
Q1 2026 $2.6B $164.5M $0.34
Q3 2025 $2.8B $145.1M $0.30
Q2 2025 $3.2B $284.5M $0.59
Q1 2025 $2.8B $319.7M $0.67
Q3 2024 $3.0B -$77.5M $0.64
Q2 2024 $3.2B -$77.5M $0.60

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Conagra Brands Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$331.2M
Cash generated from operations
Stock Buybacks
$15.3M
Shares repurchased (TTM)
Capital Expenditures
$218.6M
Investment in assets
Dividends Paid
$334.8M
Returned to shareholders

CAG SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Conagra Brands Inc.. (CIK: 0000023217)

📋 Recent SEC Filings

Date Form Document Action
Apr 15, 2026 4 xslF345X06/form4-04152026_090422.xml View →
Apr 15, 2026 4 xslF345X06/form4-04152026_090402.xml View →
Apr 13, 2026 8-K tmb-20260408x8k.htm View →
Apr 1, 2026 10-Q tmb-20260222x10q.htm View →
Apr 1, 2026 8-K tmb-20260401x8k.htm View →

Frequently Asked Questions about CAG

What is the AI rating for CAG?

Conagra Brands Inc.. (CAG) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 84% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CAG's key strengths?

Claude: Strong revenue growth of 2886.8% YoY suggests significant business expansion or major acquisition integration. Positive operating cash flow of $331.2M demonstrates underlying business can generate cash despite accounting losses. ChatGPT: Positive operating cash flow and free cash flow despite earnings pressure. Large asset base and positive stockholders' equity provide some balance sheet support.

What are the risks of investing in CAG?

Claude: Severe profitability crisis with -8.9% net margin and -4.5% operating margin indicating fundamental operational challenges. Critically low liquidity with current ratio of 0.89x and quick ratio of 0.28x creating potential working capital stress. ChatGPT: Negative operating and net margins signal significant profitability deterioration. Weak liquidity with a 0.89x current ratio and 0.28x quick ratio raises near-term balance sheet pressure.

What is CAG's revenue and growth?

Conagra Brands Inc.. reported revenue of $5.6B.

Does CAG pay dividends?

Conagra Brands Inc.. pays dividends, with $334.8M distributed to shareholders in the trailing twelve months.

Where can I find CAG SEC filings?

Official SEC filings for Conagra Brands Inc.. (CIK: 0000023217) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CAG's EPS?

Conagra Brands Inc.. has a diluted EPS of $-1.04.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CAG a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Conagra Brands Inc.. has a SELL rating with 84% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is CAG stock overvalued or undervalued?

Valuation metrics for CAG: ROE of -6.2% (sector avg: 18%), net margin of -8.9% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

Should I buy CAG stock in 2026?

Our dual AI analysis gives Conagra Brands Inc.. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CAG's free cash flow?

Conagra Brands Inc..'s operating cash flow is $331.2M, with capital expenditures of $218.6M. FCF margin is 2.0%.

How does CAG compare to other Consumer stocks?

Vs Consumer sector averages: Net margin -8.9% (avg: 8%), ROE -6.2% (avg: 18%), current ratio 0.89 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-11-23 | Powered by Claude AI