Conagra Brands (CAG) Depreciation and Depletion (2016 - 2024)
Conagra Brands' (CAG) quarterly Depreciation and Depletion came in at $95.8 million in Q2 2024, up 20.65% year-on-year from $79.4 million in Q2 2023, and up 16.26% quarter-over-quarter from $82.4 million in Q1 2024.
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.
- On a quarterly basis, Depreciation and Depletion rose 20.65% year-over-year to $95.8 million in Q2 2024; TTM through May 2024 was $347.3 million, a 10.92% increase from a year earlier, with the FY2026 full-year figure at $352.9 million, up 4.87% from the prior year.
- Depreciation and Depletion rose to $95.8 million in Q2 2024 per CAG's latest filing, from $82.4 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $95.8 million in Q2 2024 and bottomed at $75.0 million in Q2 2022.
- The 5-year median for Depreciation and Depletion is $81.6 million (2021), against an average of $81.7 million.
- Across the five-year window, Depreciation and Depletion slipped 9.86% in 2022 and rose 20.65% in 2024, its largest moves.
- Year by year, Depreciation and Depletion 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.
- Per Business Quant, the three latest CAG Depreciation and Depletion figures stand at $95.8 million (Q2 2024), $82.4 million (Q1 2024), and $86.0 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (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 | 91.20 Mn |
| 10 | Pilgrims Pride | 6.64 Bn | 6.11 Bn | 345.49 Mn | 110.10 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 |