| 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 Inc. has experienced mixed trends across key performance metrics. Revenue increased from USD 11,184.7 million in 2021 to a peak of USD 12,277.0 million in 2023, before declining to USD 11,612.8 million in 2025. Gross profit also showed variability, declining from USD 3,179.2 million in 2021 to USD 2,838.8 million in 2022, then recovering to over USD 3,300 million in 2024 before falling to USD 3,003.5 million in 2025. Operating income witnessed a notable drop of approximately 26% from USD 2,141.0 million in 2021 to USD 1,587.6 million in 2022, and then continued to decline to USD 1,175.0 million in 2024 with a partial recovery to USD 1,364.6 million in 2025. These shifts suggest that while top-line growth was achieved during the early part of the period, profitability margins have been pressured, potentially due to increasing costs or pricing pressures in the competitive food industry. Net income trends further underscore the company’s year-over-year volatility. Starting at USD 1,298.8 million in 2021, net income fell sharply by nearly 31% to USD 888.2 million in 2022, then declined further to USD 683.6 million in 2023. The significant decline to USD 347.2 million in 2024 represents a swing in excess of 50% from the previous year, before rebounding to USD 1,152.4 million in 2025. This dramatic fluctuation in net income could be driven by a combination of operational challenges, cost structure changes, or fluctuations in non-operating items. Overall, while Conagra Brands continues to generate solid revenue, the observed declines in profitability margins point to operational pressures that may impact financial sustainability unless addressed through improved cost management or strategic initiatives within the highly competitive packaged foods industry.
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.