Conagra Brands (CAG) Depreciation and Depletion (2016 - 2024)
Conagra Brands (CAG) recorded quarterly Depreciation and Depletion of $95.8 million in Q2 2024, up 16.26% quarter-over-quarter from $82.4 million in Q1 2024, and up 20.65% on a YoY basis from $79.4 million in Q2 2023.
Conagra Brands (CAG) Depreciation and Depletion (2016 - 2024) Analysis & Trends
Conagra Brands' Depreciation and Depletion history runs 9 years deep, the most recent figure standing at $95.8 million for Q2 2024.
- In Q2 2024, Depreciation and Depletion rose 20.65% year-over-year to $95.8 million; the TTM figure through May 2024 stood at $347.3 million (up 10.92% YoY), while the FY2025 annual figure was $336.5 million, down 3.11% from the prior year.
- Depreciation and Depletion was $95.8 million for Q2 2024 at Conagra Brands, up from $82.4 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $95.8 million in Q2 2024 to a low of $75.0 million in Q2 2022.
- Historically, Depreciation and Depletion has averaged $81.7 million across 5 years, with a median of $81.6 million in 2021.
- The sharpest annual moves came in 2022 and 2024: Depreciation and Depletion retreated 9.86% in 2022, then grew 20.65% in 2024.
- A 5-year view of Depreciation and Depletion shows it stood at $82.8 million in 2020, then slipped by 0.72% to $82.2 million in 2021, then fell by 5.35% to $77.8 million in 2022, then gained by 10.54% to $86.0 million in 2023, then grew by 11.4% to $95.8 million in 2024.
- The last three Depreciation and Depletion figures came in at $95.8 million (Q2 2024), $82.4 million (Q1 2024), and $86.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (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 | 93.80 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 |
|---|---|
| May 26, 2024 | 95.80 Mn |
| May 26, 2024 | 95.80 Mn |
| Feb 25, 2024 | 82.40 Mn |
| Feb 25, 2024 | 82.40 Mn |
| Nov 26, 2023 | 86.00 Mn |
| Nov 26, 2023 | 86.00 Mn |
| Aug 27, 2023 | 83.10 Mn |
| Aug 27, 2023 | 83.10 Mn |
| May 28, 2023 | 79.40 Mn |
| May 28, 2023 | 79.40 Mn |
| Feb 26, 2023 | 77.70 Mn |
| Feb 26, 2023 | 77.70 Mn |
| Nov 27, 2022 | 77.80 Mn |
| Nov 27, 2022 | 77.80 Mn |
| Aug 28, 2022 | 78.20 Mn |
| Aug 28, 2022 | 78.20 Mn |
| May 29, 2022 | 75.00 Mn |
| May 29, 2022 | 75.00 Mn |
| Feb 27, 2022 | 77.30 Mn |
| Feb 27, 2022 | 77.30 Mn |