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
DateValue
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