Conagra Brands (CAG) Asset Writedowns and Impairment (2009 - 2024)
Conagra Brands' (CAG) quarterly Asset Writedowns and Impairment came in at $64.7 million in Q4 2024, up 89.18% year-on-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.
- On a quarterly basis, Asset Writedowns and Impairment rose 89.18% year-over-year to $64.7 million in Q4 2024; TTM through Nov 2024 was $1.0 billion, a 158.21% increase from a year earlier, with the FY2026 full-year figure at $3.0 billion, up 1869.89% from the prior year.
- Asset Writedowns and Impairment fell to $64.7 million in Q4 2024 per CAG's latest filing, from $948.2 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $948.2 million in Q2 2024 and bottomed 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.
- Across the five-year window, Asset Writedowns and Impairment plunged 96.74% in 2020 and surged 10200.0% in 2022, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $900000.0 in 2020, then jumped by 4444.44% to $40.9 million in 2021, then tumbled by 45.23% to $22.4 million in 2022, then jumped by 52.68% to $34.2 million in 2023, then surged by 89.18% to $64.7 million in 2024.
- Per Business Quant, the three latest CAG Asset Writedowns and Impairment figures stand at $64.7 million (Q4 2024), $948.2 million (Q2 2024), and $200000.0 (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn |
| 10 | Pilgrims Pride | 6.64 Bn | 6.11 Bn | 345.49 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 |