Conagra Brands, Inc.
CorpDigest
Conagra Brands, Inc.
Annual Revenue
Last reviewed: 2025-07-15 · By Swet Parvadiya
FY2024 Revenue
$11.5B
▼ 7.2% vs FY2023 ($12.4B)
Net Income: $735M
Conagra Brands, Inc. reported $11.5B in revenue for fiscal year 2024. This represents a decline of 7.2% compared to the 2023 figure of $12.4B.
Founded in 1919 as Nebraska Consolidated Mills by Alva Kinney and Frank Little, the company's modern trajectory was defined by a series of aggressive acquisitions and strategic restructurings, most notably the far-reaching $8.1 billion acquisition of Pinnacle Foods in 2018. In fiscal year 2024, the company reported net sales of $11.52 billion, demonstrating resilience in the face of intense macroeconomic headwinds, input cost inflation, and shifting consumer volume pattern. Conagra Brands, Inc. is a Packaged Foods and Consumer Staples company with $11.52B in 2024 revenue and 12K employees worldwide. The company's ability to generate over $11.5 billion in annual revenue is evidence of the enduring power of its brand equity and the sophistication of its dual-engine business model. In fiscal year 2022, Conagra reported solid top-line growth, reaching $11.54 billion in net sales, driven by strong volume growth in snacking and the initial implementation of aggressive pricing actions to offset rising input costs. Honestly, in fiscal year 2023, revenue grew to $12.41 billion, evidence of the company's ability to pass on significant cost pressures for wheat, dairy, meat, and transportation to the consumer. Moving into fiscal year 2024, Conagra demonstrated remarkable financial resilience and strategic execution, reporting a normalization in net sales to $11.52 billion.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $11.5B | $735M | -7.2% |
| FY2023 | $12.4B | — | +7.5% |
| FY2022 | $11.5B | — | +3.4% |
| FY2021 | $11.2B | — | -1.3% |
| FY2020 | $11.3B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.