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
DateValue
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%