Sifting through countless of stocks in the Food Products industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Conagra Brands, Inc., General Mills or Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Conagra Brands, Inc., General Mills and Inc. compare based on key financial metrics to determine which better meets your investment needs.

About Conagra Brands, Inc., General Mills and Inc.

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP brands. Conagra Brands, Inc. was incorporated in 1919 and is headquartered in Chicago, Illinois.

General Mills, Inc. manufactures and markets branded consumer foods in the United States and internationally. The company operates through four segments: North America Retail; International; North America Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables. The company also manufactures and markets pet food products, including dog and cat food; and operates ice cream parlors. It markets its products under the Annies, Betty Crocker, Bisquick, Blue Buffalo, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, Dunkaroos, Edgard & Cooper, Fiber One, By The Foot, Gushers, Roll-Ups, Gardettos, Gold Medal, Golden Grahams, Häagen-Dazs, Kitano, Kix, Lärabar, Latina, Lucky Charms, As Well As Muir Glen, Nature Valley, Nudges, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Tastefuls, Tiki Pets, Total, Totinos, Trix, True Chews, True Solutions, Wanchai Ferry, Wheaties, Wilderness, and Yoki brands. In addition, the company sells its products to grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores. The company was founded in 1866 and is headquartered in Minneapolis, Minnesota.

Latest Food Products and Conagra Brands, Inc., General Mills, Inc. Stock News

As of May 6, 2026, Conagra Brands, Inc. had a $6.7 billion market capitalization, compared to the Food Products median of $1.8 million. Conagra Brands, Inc.’s stock is down 16.6% in 2026, up 0.6% in the previous five trading days and down 40.15% in the past year.

Currently, Conagra Brands, Inc. does not have a price-earnings ratio. Conagra Brands, Inc.’s trailing 12-month revenue is $11.2 billion with a -0.4% net profit margin. Year-over-year quarterly sales growth most recently was -1.9%. Analysts expect adjusted earnings to reach $1.700 per share for the current fiscal year. Conagra Brands, Inc. currently has a 10.0% dividend yield.

As of May 6, 2026, General Mills, Inc. had a $18.7 billion market cap, putting it in the 85th percentile of all stocks. General Mills, Inc.’s stock is down 22.8% in 2026, up 1.7% in the previous five trading days and down 36.29% in the past year.

Currently, General Mills, Inc.’s price-earnings ratio is 8.6. General Mills, Inc.’s trailing 12-month revenue is $18.4 billion with a 12.1% net profit margin. Year-over-year quarterly sales growth most recently was -8.4%. Analysts expect adjusted earnings to reach $3.426 per share for the current fiscal year. General Mills, Inc. currently has a 7.0% dividend yield.

How We Compare Conagra Brands, Inc., General Mills and Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Conagra Brands, Inc., General Mills and Inc.’s stock grades to see how they measure up against one another.

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Conagra Brands, Inc., General Mills and Inc. Stock Value Grades

Company	Ticker	Value
Conagra Brands, Inc.	CAG	A
General Mills, Inc.	GIS	B

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Conagra Brands, Inc. has a Value Score of 84, which is Deep Value. General Mills, Inc. has a Value Score of 67, which is Value.

The Value Stock Winner: Conagra Brands, Inc.

As you can clearly see from the Value Grade breakdown above, Conagra Brands, Inc. is considered to have better value than General Mills, Inc.. For investors who focus solely on a company’s valuation, Conagra Brands, Inc. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Conagra Brands, Inc., General Mills and Inc. Growth Grades

Company	Ticker	Growth
Conagra Brands, Inc.	CAG	C
General Mills, Inc.	GIS	C

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

Conagra Brands, Inc. has a Growth Score of 57, which is Average. General Mills, Inc. has a Growth Score of 57, which is Average.

The Growth Stock Winner: No Clear Winner

Neither Conagra Brands, Inc., General Mills or Inc. has a high enough Growth Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Conagra Brands, Inc., General Mills or Inc. is the better investment when it comes to sustainable growth.

Conagra Brands, Inc., General Mills and Inc.’s Momentum Grades

Company	Ticker	Momentum
Conagra Brands, Inc.	CAG	F
General Mills, Inc.	GIS	F

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Conagra Brands, Inc. has a Momentum Score of 11, which is Very Weak. General Mills, Inc. has a Momentum Score of 11, which is Very Weak.

The Momentum Stock Winner: No Clear Winner

Neither Conagra Brands, Inc., General Mills or Inc. has a strong enough Momentum Grade to be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Conagra Brands, Inc., General Mills or Inc. is the better investment when it comes to momentum.

Other Conagra Brands, Inc., General Mills and Inc. Grades

In addition to Growth, Momentum and Value, A+ Investor also provides grades for Estimate Revisions and Quality.

Earnings estimate revisions scores take into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too).

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Conagra Brands, Inc., General Mills and Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Conagra Brands, Inc., General Mills or Inc. Stock?

Overall, Conagra Brands, Inc. stock has a Value Score of 84, Growth Score of 57 and Momentum Score of 11.

General Mills, Inc. stock has a Value Score of 67, Growth Score of 57 and Momentum Score of 11.

Comparing Conagra Brands, Inc., General Mills and Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.