Company / R&D Expense
Conagra Brands R&D Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$60.8M
FY2024
5-year range
$53.4M / $61.4M
FY2020-FY2024
Trend
-1.0%
vs FY2023
Sector context
#23 of 39
Consumer Staples
What the data says
At $61M, Conagra Brands's r&d expense ranks #23 of 39 in the Consumer Staples sector. R&D Expense has fluctuated over the past 9 years, ranging from $45M in FY2016 to $61M in FY2023.
Based on SEC 10-K filings.
$61M in FY2024 with a 5-year CAGR of +1.5%.
Improved from $58M to $61M over the past 2 years.
Consumer Staples sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +4.4%
- 5-Year CAGR
- +1.5%
- 10-Year CAGR
- -
Sector benchmark
#23 of 39 in Consumer StaplesTop 59% of 39This company $60.8M Sector average $203.6M
▼
-70.1% below sector average
Key checks
Key Insights
- 5-year CAGR of +1.5%, indicating consistent growth.
- In FY2024, r&d expense decreased 1.0% year-over-year.
- Ranks #23 out of 39 companies in the Consumer Staples sector.
- Peak r&d expense was recorded in FY2023.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.54 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $60.8M | -1.0% |
| FY2023 | $61.4M | +6.4% |
| FY2022 | $57.7M | +8.1% |
| FY2021 | $53.4M | +4.1% |
| FY2020 | $51.3M | -9.0% |
| FY2019 | $56.4M | +0.5% |
| FY2018 | $56.1M | +18.6% |
| FY2017 | $47.3M | +6.1% |
| FY2016 | $44.6M | -25.2% |
As of FY2024 · SEC 10-K · Updated Mar 4, 2026