Edwyn
| 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 |
Over the past five years, Conagra Brands’ revenue trended upward from $11.2 billion in 2021 to a peak of $12.3 billion in 2023 before tapering to around $11.6 billion in 2025. While gross profit showed some resilience—rising from $3.18 billion in 2021 to a high of $3.33 billion in 2024—it also exhibited variability, with a dip in 2022 followed by some recovery and a later decline. Operating income consistently eroded from $2.14 billion in 2021 to $1.17 billion in 2024, with a modest rebound to $1.36 billion in 2025, suggesting pressures on operational efficiency, possibly from rising input costs or commodity price fluctuations common in the packaged foods sector. Net income demonstrated the most pronounced volatility. Starting at $1.30 billion in 2021, it fell to $888 million in 2022 and then to $684 million in 2023. A significant year-over-year decline of roughly 49% occurred from 2023 to 2024—with net income dropping to $347 million—before rebounding sharply to $1.15 billion in 2025. This swing exceeds a 20% change and might be driven by non-recurring items, restructuring costs, or market disruption effects, which are not uncommon in highly competitive, cost-sensitive consumer packaged goods markets. Overall, despite revenue stability and a robust market position, the earnings volatility indicates a need for close monitoring of cost structures and potential one-off impacts on margins. Conagra Brands appears fundamentally sound but faces challenges in sustaining margin growth, which investors should weigh against long-term operational resilience and market dynamics.
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.