Conagra Brands (CAG) Gross Margin (2009 - 2026)
Conagra Brands (CAG) recorded quarterly Gross Margin of 23.59% in Q1 2026, up 0.98% quarter-over-quarter from 23.36% in Q4 2025, and down 141.0% on a YoY basis from 57.54% in Q1 2025.
Conagra Brands (CAG) Gross Margin (2009 - 2026) Analysis & Trends
Conagra Brands' Gross Margin history runs 18 years deep, the most recent figure standing at 23.59% for Q1 2026.
- In Q1 2026, Gross Margin fell 141.0% year-over-year to 23.59%; the TTM figure through Feb 2026 stood at 24.16% (down 226.0% YoY), while the FY2025 annual figure was 25.86%, down 180.0% from the prior year.
- Gross Margin was 23.59% for Q1 2026 at Conagra Brands, up from 23.36% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 28.34% in Q3 2023 to a low of 23.36% in Q4 2025.
- Historically, Gross Margin has averaged 25.88% across 5 years, with a median of 26.35% in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 344 bps in 2022, then jumped 354 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 27.84% in 2022, then fell by 5 bps to 26.39% in 2023, then grew by 0 bps to 26.5% in 2024, then retreated by 12 bps to 23.36% in 2025, then advanced by 1 bps to 23.59% in 2026.
- The last three Gross Margin figures came in at 23.59% (Q1 2026), 23.36% (Q4 2025), and 24.33% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 36.70% |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 30.81% |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | - |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 17.44% |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 37.83% |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | 35.39% |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 13.45% |
| 10 | Conagra Brands | 6.23 Bn | 6.18 Bn | 657.70 Mn | 23.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| May 30, 2021 | 26.34% |