ConAgra Historical Income Statement

CAG Stock  USD 29.49  0.58  2.01%   
Historical analysis of ConAgra Foods income statement accounts such as Interest Expense of 241.2 M, Selling General Administrative of 2.1 B or Total Revenue of 12.7 B can show how well ConAgra Foods performed in making a profits. Evaluating ConAgra Foods income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ConAgra Foods's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining ConAgra Foods latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ConAgra Foods is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.

About ConAgra Income Statement Analysis

ConAgra Foods Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ConAgra Foods shareholders. The income statement also shows ConAgra investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

ConAgra Foods Income Statement Chart

ConAgra Foods Income Statement is one of the three primary financial statements used for reporting ConAgra's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ConAgra Foods revenue and expense. ConAgra Foods Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ConAgra Foods' Cost Of Revenue is most likely to decrease significantly in the upcoming years. The ConAgra Foods' current Income Before Tax is estimated to increase to about 845.4 M, while Interest Expense is projected to decrease to roughly 241.2 M.

Total Revenue

Total revenue comprises all receipts ConAgra Foods generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ConAgra Foods minus its cost of goods sold. It is profit before ConAgra Foods operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ConAgra Foods. It is also known as ConAgra Foods overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from ConAgra Foods' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ConAgra Foods current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.At this time, ConAgra Foods' Cost Of Revenue is most likely to decrease significantly in the upcoming years. The ConAgra Foods' current Income Before Tax is estimated to increase to about 845.4 M, while Interest Expense is projected to decrease to roughly 241.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B3.3B3.8B3.3B
Total Revenue11.5B12.3B11.0B12.7B

ConAgra Foods income statement Correlations

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0.640.450.430.750.350.510.530.670.330.430.31-0.930.320.360.70.050.020.020.350.190.14-0.690.240.69
0.90.450.830.780.87-0.23-0.27-0.030.811.0-0.43-0.42-0.380.50.590.660.06-0.730.31-0.060.05-0.04-0.2-0.03
0.920.430.830.80.990.05-0.010.220.990.83-0.14-0.48-0.170.670.440.850.09-0.460.030.09-0.01-0.17-0.05-0.06
0.880.750.780.80.740.410.390.590.720.780.22-0.740.120.720.840.43-0.02-0.190.410.150.1-0.330.090.36
0.90.350.870.990.74-0.09-0.150.080.990.87-0.28-0.4-0.280.610.380.880.11-0.560.040.04-0.01-0.11-0.12-0.13
0.090.51-0.230.050.41-0.090.970.95-0.03-0.240.94-0.520.810.390.41-0.270.020.760.150.370.12-0.460.470.63
0.050.53-0.27-0.010.39-0.150.970.97-0.1-0.280.97-0.540.760.360.43-0.32-0.120.770.140.350.09-0.460.450.6
0.30.67-0.030.220.590.080.950.970.12-0.040.9-0.680.70.510.58-0.13-0.080.60.180.370.09-0.490.440.6
0.870.330.810.990.720.99-0.03-0.10.120.82-0.21-0.39-0.230.630.330.880.12-0.490.010.050.0-0.14-0.1-0.11
0.890.431.00.830.780.87-0.24-0.28-0.040.82-0.44-0.41-0.390.50.570.660.06-0.730.33-0.070.06-0.04-0.21-0.03
-0.120.31-0.43-0.140.22-0.280.940.970.9-0.21-0.44-0.330.760.30.3-0.36-0.140.860.040.340.05-0.30.440.46
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-0.10.32-0.38-0.170.12-0.280.810.760.7-0.23-0.390.76-0.30.150.26-0.390.510.680.040.290.01-0.320.440.56
0.630.360.50.670.720.610.390.360.510.630.50.3-0.410.150.550.430.05-0.140.19-0.070.38-0.03-0.160.07
0.640.70.590.440.840.380.410.430.580.330.570.3-0.60.260.550.08-0.01-0.080.480.080.16-0.120.070.37
0.680.050.660.850.430.88-0.27-0.32-0.130.880.66-0.36-0.04-0.390.430.080.06-0.52-0.380.0-0.210.13-0.2-0.48
0.120.020.060.09-0.020.110.02-0.12-0.080.120.06-0.14-0.020.510.05-0.010.06-0.16-0.09-0.01-0.04-0.030.040.12
-0.520.02-0.73-0.46-0.19-0.560.760.770.6-0.49-0.730.86-0.020.68-0.14-0.08-0.52-0.16-0.030.29-0.01-0.290.440.44
0.150.350.310.030.410.040.150.140.180.010.330.04-0.420.040.190.48-0.38-0.09-0.03-0.210.43-0.32-0.090.63
0.140.19-0.060.090.150.040.370.350.370.05-0.070.34-0.180.29-0.070.080.0-0.010.29-0.21-0.34-0.150.970.12
0.030.140.05-0.010.1-0.010.120.090.090.00.060.05-0.150.010.380.16-0.21-0.04-0.010.43-0.34-0.14-0.280.34
-0.2-0.69-0.04-0.17-0.33-0.11-0.46-0.46-0.49-0.14-0.04-0.30.78-0.32-0.03-0.120.13-0.03-0.29-0.32-0.15-0.14-0.29-0.81
0.020.24-0.2-0.050.09-0.120.470.450.44-0.1-0.210.44-0.250.44-0.160.07-0.20.040.44-0.090.97-0.28-0.290.32
0.090.69-0.03-0.060.36-0.130.630.60.6-0.11-0.030.46-0.710.560.070.37-0.480.120.440.630.120.34-0.810.32
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ConAgra Foods Account Relationship Matchups

ConAgra Foods income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization388.9M387.7M375.4M369.9M425.4M385.5M
Interest Expense487.1M420.4M379.9M409.6M471.0M241.2M
Selling General Administrative1.6B1.4B1.5B2.2B2.5B2.1B
Total Revenue11.1B11.2B11.5B12.3B11.0B12.7B
Gross Profit3.1B3.2B2.8B3.3B3.8B3.3B
Other Operating Expenses9.6B9.4B10.2B11.2B10.1B11.9B
Operating Income1.5B1.8B1.4B1.1B1.3B1.1B
Ebit1.5B1.8B1.4B1.1B1.3B1.2B
Ebitda1.8B2.2B1.8B1.5B1.7B1.6B
Cost Of Revenue8.0B8.0B8.7B9.0B8.1B10.3B
Total Operating Expenses1.6B1.4B1.5B2.2B2.5B2.2B
Income Before Tax969.9M1.4B1.0B689.9M793.4M845.4M
Total Other Income Expense Net(487.1M)(420.4M)(379.9M)(409.6M)(368.6M)(387.1M)
Net Income840.1M1.3B888.2M683.6M786.1M573.2M
Income Tax Expense201.3M193.8M290.5M218.7M251.5M302.9M
Net Income Applicable To Common Shares840.1M1.3B888.2M683.6M786.1M666.4M
Selling And Marketing Expenses230.7M258M244.6M290.1M333.6M242.9M
Research Development56.4M51.3M53.4M57.7M51.9M55.0M
Net Income From Continuing Ops841.8M1.3B888.2M683.2M785.7M692.4M
Non Operating Income Net Other73.2M84.4M145.3M212M243.8M256.0M
Minority Interest1.7M79.6M(1.6M)400K460K437K
Tax Provision201.3M193.8M290.5M218.7M251.5M243.3M
Net Interest Income(487.1M)(420.4M)(379.9M)(409.6M)(368.6M)(387.1M)
Interest Income3.1M420.4M2.1M3.9M4.5M4.3M
Reconciled Depreciation388.9M387.7M375.4M369.9M425.4M374.0M

Pair Trading with ConAgra Foods

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ConAgra Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ConAgra Foods will appreciate offsetting losses from the drop in the long position's value.

Moving against ConAgra Stock

  0.49BOF BranchOut Food CommonPairCorr
The ability to find closely correlated positions to ConAgra Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConAgra Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ConAgra Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ConAgra Foods to buy it.
The correlation of ConAgra Foods is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ConAgra Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConAgra Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ConAgra Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ConAgra Foods is a strong investment it is important to analyze ConAgra Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ConAgra Foods' future performance. For an informed investment choice regarding ConAgra Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.
Note that the ConAgra Foods information on this page should be used as a complementary analysis to other ConAgra Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running ConAgra Foods' price analysis, check to measure ConAgra Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConAgra Foods is operating at the current time. Most of ConAgra Foods' value examination focuses on studying past and present price action to predict the probability of ConAgra Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConAgra Foods' price. Additionally, you may evaluate how the addition of ConAgra Foods to your portfolios can decrease your overall portfolio volatility.
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Is ConAgra Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConAgra Foods. If investors know ConAgra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConAgra Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
1.36
Earnings Share
2.05
Revenue Per Share
25.459
Quarterly Revenue Growth
(0.03)
The market value of ConAgra Foods is measured differently than its book value, which is the value of ConAgra that is recorded on the company's balance sheet. Investors also form their own opinion of ConAgra Foods' value that differs from its market value or its book value, called intrinsic value, which is ConAgra Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConAgra Foods' market value can be influenced by many factors that don't directly affect ConAgra Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConAgra Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConAgra Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConAgra Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.