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Conagra Brands vs CAMPBELL'S: revenue, profit, margins and growth compared

Conagra Brands brought in $11.3B of revenue in fiscal 2026, CAMPBELL'S $9.7B in fiscal 2026. Revenue changed by -2.9% at Conagra Brands and -5.0% at CAMPBELL'S on the year before, so Conagra Brands grew faster. Conagra Brands kept -17.0% of its revenue as net profit, CAMPBELL'S 4.1%. Free cash flow was $978.7M at Conagra Brands and $678M at CAMPBELL'S.

Side by side, latest fiscal year

CAGCPB
Fiscal year endedFY2026 (May 31, 2026)FY2026 (August 2, 2026)
Revenue$11.3B$9.7B
Revenue growth-2.9%-5.0%
Net income-$1.9B$403M
Net margin-17.0%4.1%
Free cash flow$978.7M$678M
Free cash flow margin8.7%7.0%
Earnings per share (diluted)-$4.00$1.31
Cash$218M$394M
Debt$7.2B$6.2B
Price to earningsn/a14.8
Market value$6.9B$5.8B
Dividend yield9.78%8.05%
Rank by revenue in sector#21 of 93 · Consumer staples#23 of 93 · Consumer staples

Over the years

Revenue
CAG FY2019: $9.5BCAG FY2020: $11.1BCAG FY2021: $11.2BCAG FY2022: $11.5BCAG FY2023: $12.3BCAG FY2024: $12.1BCAG FY2025: $11.6BCAG FY2026: $11.3BCPB FY2019: $8.1BCPB FY2020: $8.7BCPB FY2021: $8.5BCPB FY2022: $8.6BCPB FY2023: $9.4BCPB FY2024: $9.6BCPB FY2025: $10.3BCPB FY2026: $9.7BFY19FY20FY21FY22FY23FY24FY25FY26
CAG $11.3BCPB $9.7B
Net income
CAG FY2019: $678.3MCAG FY2020: $840.1MCAG FY2021: $1.3BCAG FY2022: $888.2MCAG FY2023: $683.6MCAG FY2024: $347.2MCAG FY2025: $1.2BCAG FY2026: -$1.9BCPB FY2019: $211MCPB FY2020: $1.6BCPB FY2021: $1BCPB FY2022: $757MCPB FY2023: $858MCPB FY2024: $567MCPB FY2025: $602MCPB FY2026: $403MFY19FY20FY21FY22FY23FY24FY25FY26
CAG -$1.9BCPB $403M
Net margin
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%CPB FY2019: 2.6%CPB FY2020: 18.7%CPB FY2021: 11.8%CPB FY2022: 8.8%CPB FY2023: 9.2%CPB FY2024: 5.9%CPB FY2025: 5.9%CPB FY2026: 4.1%FY19FY20FY21FY22FY23FY24FY25FY26
CAG -17.0%CPB 4.1%
Revenue growth
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%CPB FY2020: +7.2%CPB FY2021: -2.5%CPB FY2022: +1.0%CPB FY2023: +9.3%CPB FY2024: +3.0%CPB FY2025: +6.4%CPB FY2026: -5.0%FY20FY21FY22FY23FY24FY25FY26
CAG -2.9%CPB -5.0%
Free cash flow
CAG FY2019: $772.4MCAG FY2020: $1.5BCAG FY2021: $961.7MCAG FY2022: $712.9MCAG FY2023: $633.2MCAG FY2024: $1.6BCAG FY2025: $1.3BCAG FY2026: $978.7MCPB FY2019: $1BCPB FY2020: $1.1BCPB FY2021: $760MCPB FY2022: $939MCPB FY2023: $773MCPB FY2024: $668MCPB FY2025: $705MCPB FY2026: $678MFY19FY20FY21FY22FY23FY24FY25FY26
CAG $978.7MCPB $678M

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

Questions about Conagra Brands and CAMPBELL'S

Which is bigger by revenue, Conagra Brands or CAMPBELL'S?

Conagra Brands is bigger by revenue: $11.3B in fiscal 2026, against $9.7B for CAMPBELL'S in fiscal 2026.

Which keeps more of its revenue as profit, Conagra Brands or CAMPBELL'S?

Conagra Brands had a net margin of -17.0% in fiscal 2026; CAMPBELL'S had 4.1% in fiscal 2026.

Which grew revenue faster, Conagra Brands or CAMPBELL'S?

In their latest fiscal years revenue changed by -2.9% at Conagra Brands and -5.0% at CAMPBELL'S.

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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