Conagra Brands CAG
NYSE CAG
$15.11 -0.15 (-0.98%)
As of: Sep 9, 2026 · 3:59 PM EDT

Conagra Brands (CAG) Gross Margin (2009 - 2026)

Conagra Brands (CAG) posted Gross Margin of 24.43% for Q2 2026, up 3.55% on a QoQ basis from 23.59% in Q1 2026, and down 99.0% year-over-year from 2443.01% in Q2 2025.

Analysis

Conagra Brands (CAG) Gross Margin (2009 - 2026) Analysis & Trends

Conagra Brands has reported Gross Margin for 18 years, with the latest figure at 24.43% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 99.0% year-over-year to 24.43% in Q2 2026; TTM through May 2026 was 23.92%, a 195.0% decrease from a year earlier, with the FY2026 full-year figure at 23.92%, down 195.0% from the prior year.
  • Gross Margin was 24.43% for Q2 2026 at Conagra Brands, up from 23.59% in the prior quarter.
  • The five-year high for Gross Margin was 28.34% in Q3 2023, with the low at 23.36% in Q4 2025.
  • Average Gross Margin over 5 years is 25.8%, with a median of 25.89% recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 344 bps in 2022, then surged 354 bps in 2023.
  • Over 5 years, Gross Margin stood at 27.84% in 2022, then retreated by 5 bps to 26.39% in 2023, then increased by 0 bps to 26.5% in 2024, then decreased by 12 bps to 23.36% in 2025, then gained by 5 bps to 24.43% in 2026.
  • The last three Gross Margin figures came in at 24.43% (Q2 2026), 23.59% (Q1 2026), and 23.36% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Kraft Heinz 29.22 Bn 26.54 Bn 2.03 Bn 32.39%
2 General Mills 19.94 Bn 19.49 Bn 1.60 Bn 34.79%
3 Mccormick 13.84 Bn 13.51 Bn 778.20 Mn 40.18%
4 J M Smucker 13.17 Bn 13.13 Bn 979.60 Mn 44.14%
5 Hormel Foods 11.54 Bn 10.67 Bn 471.52 Mn 15.92%
6 Chewy 8.46 Bn 7.94 Bn 1.01 Bn 30.13%
7 Conagra Brands 7.25 Bn 7.03 Bn 704.10 Mn 24.43%
8 Lamb Weston Holdings 6.67 Bn 6.60 Bn 361.40 Mn 20.42%
9 Campbell'S 6.51 Bn 6.10 Bn 650.00 Mn 27.47%
10 Post Holdings 3.66 Bn 3.39 Bn 566.30 Mn 29.07%
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 24.43%
Feb 22, 2026 23.59%
Nov 23, 2025 23.36%
Aug 24, 2025 24.33%
May 25, 2025 25.42%
Feb 23, 2025 25.00%
Nov 24, 2024 26.50%
Aug 25, 2024 26.45%
May 26, 2024 27.70%
Feb 25, 2024 28.32%
Nov 26, 2023 26.39%
Aug 27, 2023 28.34%
May 28, 2023 26.35%
Feb 26, 2023 27.18%
Nov 27, 2022 27.84%
Aug 28, 2022 24.80%
May 29, 2022 24.52%
Feb 27, 2022 23.93%
Nov 28, 2021 24.68%
Aug 29, 2021 25.38%