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Bellring Brands vs Conagra Brands: revenue, profit, margins and growth compared

Bellring Brands brought in $2.3B of revenue in fiscal 2025, Conagra Brands $11.3B in fiscal 2026. Revenue changed by +16.1% at Bellring Brands and -2.9% at Conagra Brands on the year before, so Bellring Brands grew faster. Bellring Brands kept 9.3% of its revenue as net profit, Conagra Brands -17.0%. Free cash flow was $255.9M at Bellring Brands and $978.7M at Conagra Brands.

Side by side, latest fiscal year

BRBRCAG
Fiscal year endedFY2025 (September 30, 2025)FY2026 (May 31, 2026)
Revenue$2.3B$11.3B
Revenue growth+16.1%-2.9%
Net income$216.2M-$1.9B
Net margin9.3%-17.0%
Free cash flow$255.9M$978.7M
Free cash flow margin11.0%8.7%
Earnings per share (diluted)$1.68-$4.00
Cash$71.8M$218M
Debt$1.1B$7.2B
Price to earnings4.7n/a
Market value$919.8M$6.9B
Dividend yieldn/a9.78%
Rank by revenue in sector#45 of 93 · Consumer staples#21 of 93 · Consumer staples

Over the years

Revenue
BRBR FY2018: $827.5MBRBR FY2020: $854.4MBRBR FY2020: $988.3MBRBR FY2021: $1.2BBRBR FY2022: $1.4BBRBR FY2023: $1.7BBRBR FY2024: $2BBRBR FY2025: $2.3BCAG FY2019: $9.5BCAG FY2020: $11.1BCAG FY2021: $11.2BCAG FY2022: $11.5BCAG FY2023: $12.3BCAG FY2024: $12.1BCAG FY2025: $11.6BCAG FY2026: $11.3BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BRBR $2.3BCAG $11.3B
Net income
BRBR FY2018: $0BRBR FY2020: $0BRBR FY2020: $23.5MBRBR FY2021: $27.6MBRBR FY2022: $82.3MBRBR FY2023: $165.5MBRBR FY2024: $246.5MBRBR FY2025: $216.2MCAG FY2019: $678.3MCAG FY2020: $840.1MCAG FY2021: $1.3BCAG FY2022: $888.2MCAG FY2023: $683.6MCAG FY2024: $347.2MCAG FY2025: $1.2BCAG FY2026: -$1.9BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BRBR $216.2MCAG -$1.9B
Net margin
BRBR FY2018: 0.0%BRBR FY2020: 0.0%BRBR FY2020: 2.4%BRBR FY2021: 2.2%BRBR FY2022: 6.0%BRBR FY2023: 9.9%BRBR FY2024: 12.3%BRBR FY2025: 9.3%CAG FY2019: 7.1%CAG FY2020: 7.6%CAG FY2021: 11.6%CAG FY2022: 7.7%CAG FY2023: 5.6%CAG FY2024: 2.9%CAG FY2025: 9.9%CAG FY2026: -17.0%FY18FY19FY20FY21FY22FY23FY24FY25FY26
BRBR 9.3%CAG -17.0%
Revenue growth
BRBR FY2020: +3.3%BRBR FY2020: +15.7%BRBR FY2021: +26.2%BRBR FY2022: +10.0%BRBR FY2023: +21.5%BRBR FY2024: +19.8%BRBR FY2025: +16.1%CAG FY2020: +15.9%CAG FY2021: +1.2%CAG FY2022: +3.1%CAG FY2023: +6.4%CAG FY2024: -1.8%CAG FY2025: -3.6%CAG FY2026: -2.9%FY20FY21FY22FY23FY24FY25FY26
BRBR +16.1%CAG -2.9%
Free cash flow
BRBR FY2018: $136.2MBRBR FY2020: $95.1MBRBR FY2020: $95.1MBRBR FY2021: $224.5MBRBR FY2022: $19.2MBRBR FY2023: $213.8MBRBR FY2024: $197.8MBRBR FY2025: $255.9MCAG FY2019: $772.4MCAG FY2020: $1.5BCAG FY2021: $961.7MCAG FY2022: $712.9MCAG FY2023: $633.2MCAG FY2024: $1.6BCAG FY2025: $1.3BCAG FY2026: $978.7MFY18FY19FY20FY21FY22FY23FY24FY25FY26
BRBR $255.9MCAG $978.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Bellring Brands and Conagra Brands

Which is bigger by revenue, Bellring Brands or Conagra Brands?

Conagra Brands is bigger by revenue: $11.3B in fiscal 2026, against $2.3B for Bellring Brands in fiscal 2025.

Which keeps more of its revenue as profit, Bellring Brands or Conagra Brands?

Bellring Brands had a net margin of 9.3% in fiscal 2025; Conagra Brands had -17.0% in fiscal 2026.

Which grew revenue faster, Bellring Brands or Conagra Brands?

In their latest fiscal years revenue changed by +16.1% at Bellring Brands and -2.9% at Conagra Brands.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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