Conagra Brands (CAG) Long-Term Deferred Tax (2019 - 2023)

Conagra Brands' Long-Term Deferred Tax history runs 5 years deep, the most recent figure standing at $263.3 million for Q2 2023.

• In Q2 2023, Long-Term Deferred Tax rose 8.58% year-over-year to $263.3 million; the TTM figure through May 2023 stood at $263.3 million (up 8.58% YoY), while the FY2023 annual figure was $263.3 million, up 8.58% from the prior year.
• Long-Term Deferred Tax was $263.3 million for Q2 2023 at Conagra Brands, up from $242.5 million in the prior quarter.
• In the past five years, Long-Term Deferred Tax ranged from a high of $688.9 million in Q3 2019 to a low of $242.5 million in Q2 2022.
• Historically, Long-Term Deferred Tax has averaged $572.0 million across 5 years, with a median of $685.3 million in 2020.
• The sharpest annual moves came in 2021 and 2023: Long-Term Deferred Tax slumped 52.95% in 2021, then increased 8.58% in 2023.
• A 5-year view of Long-Term Deferred Tax shows it stood at $688.9 million in 2019, then dropped by 0.52% to $685.3 million in 2020, then plunged by 52.95% to $322.4 million in 2021, then slipped by 24.78% to $242.5 million in 2022, then grew by 8.58% to $263.3 million in 2023.
• The last three Long-Term Deferred Tax figures came in at $263.3 million (Q2 2023), $242.5 million (Q2 2022), and $322.4 million (Q2 2021), per Business Quant data.