Conagra Brands (CAG) Asset Writedowns and Impairment (2009 - 2024)
Conagra Brands (CAG) posted quarterly Asset Writedowns and Impairment of $64.7 million for Q4 2024, up 89.18% year-over-year from $34.2 million in Q4 2023, and down 93.18% quarter-over-quarter from $948.2 million in Q2 2024.
Conagra Brands (CAG) Asset Writedowns and Impairment (2009 - 2024) Analysis & Trends
Conagra Brands' Asset Writedowns and Impairment history runs 16 years deep, the most recent figure standing at $64.7 million for Q4 2024.
- In Q4 2024, Asset Writedowns and Impairment rose 89.18% year-over-year to $64.7 million; the TTM figure through Nov 2024 stood at $1.0 billion (up 158.21% YoY), while the FY2026 annual figure was $3.0 billion, up 1869.89% from the prior year.
- Asset Writedowns and Impairment for Q4 2024 stood at $64.7 million, down from $948.2 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $948.2 million in Q2 2024, with the low at $200000.0 in Q1 2024.
- The 5-year median for Asset Writedowns and Impairment is $22.4 million (2022), against an average of $103.8 million.
- The sharpest annual moves came in 2020 and 2022: Asset Writedowns and Impairment tumbled 96.74% in 2020, then surged 10200.0% in 2022.
- Conagra Brands' Asset Writedowns and Impairment stood at $900000.0 in 2020, then soared by 4444.44% to $40.9 million in 2021, then plunged by 45.23% to $22.4 million in 2022, then soared by 52.68% to $34.2 million in 2023, then jumped by 89.18% to $64.7 million in 2024.
- Business Quant data shows CAG's Asset Writedowns and Impairment at $64.7 million in Q4 2024, $948.2 million in Q2 2024, and $200000.0 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn |
| 10 | Conagra Brands | 7.86 Bn | 7.64 Bn | 704.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Nov 24, 2024 | 64.70 Mn |
| Nov 24, 2024 | 64.70 Mn |
| May 26, 2024 | 948.20 Mn |
| May 26, 2024 | 948.20 Mn |
| Feb 25, 2024 | 200,000.00 |
| Feb 25, 2024 | 200,000.00 |
| Nov 26, 2023 | 34.20 Mn |
| Nov 26, 2023 | 34.20 Mn |
| Aug 27, 2023 | 14.10 Mn |
| Aug 27, 2023 | 14.10 Mn |
| May 28, 2023 | 353.40 Mn |
| May 28, 2023 | 353.40 Mn |
| Feb 26, 2023 | 3.90 Mn |
| Feb 26, 2023 | 3.90 Mn |
| Nov 27, 2022 | 22.40 Mn |
| Nov 27, 2022 | 22.40 Mn |
| Aug 28, 2022 | 500,000.00 |
| Aug 28, 2022 | 500,000.00 |
| May 29, 2022 | 212.10 Mn |
| May 29, 2022 | 212.10 Mn |