Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|
Revenue | $11,185 | $11,536 | $12,277 | $12,051 | $11,613 |
Gross Profit | $3,179 | $2,839 | $3,265 | $3,333 | $3,004 |
Operating Income | $2,141 | $1,588 | $1,464 | $1,175 | $1,365 |
Net Income | $1,299 | $888 | $684 | $347 | $1,152 |
Edwyn
Over the five-year period, Conagra Brands’ revenue demonstrates modest volatility. Starting at $11.18 billion in 2021, revenue increased by about 3% to $11.54 billion in 2022 and continued to rise approximately 6% to reach $12.28 billion in 2023, reflecting steady top-line growth during that interval. However, revenue then experienced a slight decline to $12.05 billion in 2024 and further to $11.61 billion in 2025. Gross profit shows a somewhat similar pattern, beginning at $3.18 billion, dipping to $2.84 billion in 2022 before rebounding to $3.26 billion in 2023 and further increasing modestly to $3.33 billion in 2024, only to fall to $3.00 billion in 2025—suggesting pressures on margins in recent periods. Significant year-over-year swings are evident in operating and net income figures. Operating income plunged nearly 26% from $2.14 billion in 2021 to $1.59 billion in 2022 and continued to decline to $1.46 billion in 2023 before dropping further to $1.18 billion in 2024; however, it bounced back to $1.36 billion in 2025. Net income is particularly volatile: after recording $1.30 billion in 2021, it fell by approximately 31% in 2022 to $888 million, then dropped another 23% in 2023 and sharply declined by nearly 50% in 2024, before recovering strongly to $1.15 billion in 2025. This variability could be driven by underlying cost pressures, operational restructuring, or changes in market dynamics typical in the packaged foods industry. Overall, while Conagra Brands maintains a solid revenue base and a recovery signal in later periods, the fluctuating margins and inconsistent profitability trends warrant further scrutiny regarding cost management and operational efficiency to sustain long-term financial health.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.