Conagra Brands (CAG) Capital Expenditures (2009 - 2024)
Conagra Brands (CAG) posted quarterly Capital Expenditures of $78.5 million for Q2 2024, down 17.19% year-over-year from $94.8 million in Q2 2023, and down 17.89% quarter-over-quarter from $95.6 million in Q1 2024.
Conagra Brands (CAG) Capital Expenditures (2009 - 2024) Analysis & Trends
Conagra Brands' Capital Expenditures history runs 16 years deep, the most recent figure standing at $78.5 million for Q2 2024.
- In Q2 2024, Capital Expenditures fell 17.19% year-over-year to $78.5 million; the TTM figure through May 2024 stood at $388.1 million (up 7.15% YoY), while the FY2026 annual figure was $423.4 million, up 8.76% from the prior year.
- Capital Expenditures for Q2 2024 stood at $78.5 million, down from $95.6 million in the prior quarter.
- The five-year high for Capital Expenditures was $154.9 million in Q3 2021, with the low at $63.0 million in Q4 2022.
- The 5-year median for Capital Expenditures is $103.4 million (2020), against an average of $105.9 million.
- The sharpest annual moves came in 2020 and 2022: Capital Expenditures soared 77.04% in 2020, then plunged 38.6% in 2022.
- Conagra Brands' Capital Expenditures stood at $136.5 million in 2020, then retreated by 24.84% to $102.6 million in 2021, then slumped by 38.6% to $63.0 million in 2022, then gained by 11.75% to $70.4 million in 2023, then increased by 11.51% to $78.5 million in 2024.
- Business Quant data shows CAG's Capital Expenditures at $78.5 million in Q2 2024, $95.6 million in Q1 2024, and $70.4 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.31 Bn | 27.63 Bn | 2.03 Bn | 189.00 Mn |
| 2 | General Mills | 21.40 Bn | 20.94 Bn | 1.60 Bn | 184.40 Mn |
| 3 | Mccormick | 15.03 Bn | 14.69 Bn | 778.20 Mn | 42.70 Mn |
| 4 | Jbs | 14.89 Bn | 11.42 Bn | 4.91 Bn | 1.18 Bn |
| 5 | J M Smucker | 13.23 Bn | 13.17 Bn | 862.10 Mn | 95.30 Mn |
| 6 | Hormel Foods | 13.17 Bn | 12.31 Bn | 518.51 Mn | 82.17 Mn |
| 7 | Magnum Ice Cream | 12.13 Bn | 11.41 Bn | - | - |
| 8 | Darling Ingredients | 10.44 Bn | 10.28 Bn | 503.37 Mn | 128.85 Mn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 77.00 Mn |
| 10 | Conagra Brands | 7.84 Bn | 7.62 Bn | 704.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 26, 2024 | 78.50 Mn |
| May 26, 2024 | 78.50 Mn |
| Feb 25, 2024 | 95.60 Mn |
| Feb 25, 2024 | 95.60 Mn |
| Nov 26, 2023 | 70.40 Mn |
| Nov 26, 2023 | 70.40 Mn |
| Aug 27, 2023 | 143.60 Mn |
| Aug 27, 2023 | 143.60 Mn |
| May 28, 2023 | 94.80 Mn |
| May 28, 2023 | 94.80 Mn |
| Feb 26, 2023 | 79.00 Mn |
| Feb 26, 2023 | 79.00 Mn |
| Nov 27, 2022 | 63.00 Mn |
| Nov 27, 2022 | 63.00 Mn |
| Aug 28, 2022 | 125.40 Mn |
| Aug 28, 2022 | 125.40 Mn |
| May 29, 2022 | 100.20 Mn |
| May 29, 2022 | 100.20 Mn |
| Feb 27, 2022 | 106.70 Mn |
| Feb 27, 2022 | 106.70 Mn |