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| Date | Value |
|---|---|
| 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 |