Conagra Brands (CAG) Asset Writedowns and Impairment (2009 - 2024)

Conagra Brands (CAG) recorded quarterly Asset Writedowns and Impairment of $64.7 million in Q4 2024, down 93.43% quarter-over-quarter from $984.6 million in Q2 2024, and up 89.18% on a YoY basis from $34.2 million in Q4 2023.

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 $1.1 billion (up 167.18% YoY), while the FY2025 annual figure was $177.0 million, down 82.91% from the prior year.
  • Asset Writedowns and Impairment was $64.7 million for Q4 2024 at Conagra Brands, down from $984.6 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $984.6 million in Q2 2024 to a low of $200000.0 in Q1 2024.
  • Historically, Asset Writedowns and Impairment has averaged $106.2 million across 5 years, with a median of $20.5 million in 2022.
  • The sharpest annual moves came in 2020 and 2022: Asset Writedowns and Impairment plunged 96.74% in 2020, then soared 10200.0% in 2022.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at $900000.0 in 2020, then jumped by 4444.44% to $40.9 million in 2021, then slumped by 70.66% to $12.0 million in 2022, then surged by 185.0% to $34.2 million in 2023, then surged by 89.18% to $64.7 million in 2024.
  • The last three Asset Writedowns and Impairment figures came in at $64.7 million (Q4 2024), $984.6 million (Q2 2024), and $200000.0 (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Paranovus Entertainment Technology 75,216.52 Bn 75,216.52 Bn -
2 Kraft Heinz 26.76 Bn 22.68 Bn 2.22 Bn
3 General Mills 17.79 Bn 17.02 Bn 1.37 Bn
4 Jbs 13.93 Bn 9.37 Bn 2.32 Bn
5 Hormel Foods 13.00 Bn 12.16 Bn 518.51 Mn
6 Mccormick 12.70 Bn 13.10 Bn 708.90 Mn
7 Magnum Ice Cream 12.17 Bn 11.70 Bn -
8 J M Smucker 11.05 Bn 10.99 Bn 827.80 Mn
9 Smithfield Foods 10.57 Bn 9.49 Bn 511.00 Mn
10 Conagra Brands 6.23 Bn 6.18 Bn 657.70 Mn

Historic Data

Download Data
DateValue
Nov 24, 2024 64.70 Mn
Nov 24, 2024 64.70 Mn
May 26, 2024 984.60 Mn
May 26, 2024 984.60 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 12.00 Mn
Nov 27, 2022 12.00 Mn
Aug 28, 2022 20.50 Mn
Aug 28, 2022 20.50 Mn
May 29, 2022 212.10 Mn
May 29, 2022 212.10 Mn