Conagra Brands (CAG) Gross Margin (2009 - 2026)
Conagra Brands' Gross Margin came in at 24.43% for fiscal Q4 2026 (quarter ended May 31, 2026), down 0.99 percentage points from 25.42% a year earlier but up 0.84 percentage points from the prior quarter.
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Analysis
Conagra Brands (CAG) Gross Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Conagra Brands' Gross Margin was 23.92%, down 1.95 percentage points from FY2025.
- Gross Margin carries a five-year change of -4.51 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Gross Margin was 25.86% in FY2025 (-1.80 pp), 27.66% in FY2024 (+1.07 pp), 26.59% in FY2023 (+1.98 pp) and 24.61% in FY2022 (-3.82 pp).
- The five-year range for quarterly Gross Margin is 23.36% (fiscal Q2 2026) to 28.34% (fiscal Q1 2024).
- Year-over-year, Gross Margin has declined for six consecutive quarters, with an average year-over-year change of -1.88 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q1 2024 (a gain of 3.54 percentage points), and the weakest in fiscal Q2 2022 (a drop of 5.00 percentage points).
- Business Quant data shows CAG's Gross Margin at 23.59% (Q3 2026), 23.36% (Q2 2026) and 24.33% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 136.33 Bn | 111.70 Bn | - | - |
| 2 | Mondelez International | 76.81 Bn | 70.13 Bn | 3.99 Bn | 42.61% |
| 3 | Hershey | 33.25 Bn | 29.49 Bn | 1.26 Bn | 45.32% |
| 4 | Kraft Heinz | 27.93 Bn | 14.46 Bn | 2.03 Bn | 32.39% |
| 5 | General Mills | 17.97 Bn | 15.62 Bn | 1.49 Bn | 33.88% |
| 6 | Mccormick | 13.05 Bn | 12.93 Bn | 778.20 Mn | 40.18% |
| 7 | J M Smucker | 12.89 Bn | 12.67 Bn | 979.60 Mn | 44.14% |
| 8 | Hormel Foods | 10.99 Bn | 7.67 Bn | 471.52 Mn | 15.92% |
| 9 | Chewy | 7.48 Bn | 4.77 Bn | 1.01 Bn | 30.36% |
| 10 | Conagra Brands | 6.78 Bn | 5.76 Bn | 704.10 Mn | 24.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Conagra Brands Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CAG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CAG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CAG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();