Conagra Brands (CAG) Tax Provisions (2009 - 2026)
Conagra Brands (CAG) posted Tax Provisions of -$545.8 million for Q2 2026, down 1931.54% on a QoQ basis from $29.8 million in Q1 2026, and down 297.54% year-over-year from $276.3 million in Q2 2025.
Analysis
Conagra Brands (CAG) Tax Provisions (2009 - 2026) Analysis & Trends
Conagra Brands has reported Tax Provisions for 18 years, with the latest figure at -$545.8 million in Q2 2026.
- On a quarterly basis, Tax Provisions fell 297.54% year-over-year to -$545.8 million in Q2 2026; TTM through May 2026 was -$383.1 million, a 257.78% decrease from a year earlier, with the FY2026 full-year figure at -$383.1 million, down 257.78% from the prior year.
- Tax Provisions was -$545.8 million for Q2 2026 at Conagra Brands, down from $29.8 million in the prior quarter.
- The five-year high for Tax Provisions was $276.3 million in Q2 2025, with the low at -$545.8 million in Q2 2026.
- Average Tax Provisions over 5 years is $40.3 million, with a median of $78.7 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Tax Provisions surged 582.64% in 2023, then tumbled 297.54% in 2026.
- Over 5 years, Tax Provisions stood at $122.5 million in 2022, then decreased by 16.0% to $102.9 million in 2023, then plunged by 40.23% to $61.5 million in 2024, then tumbled by 86.5% to $8.3 million in 2025, then slumped by 6675.9% to -$545.8 million in 2026.
- The last three Tax Provisions figures came in at -$545.8 million (Q2 2026), $29.8 million (Q1 2026), and $8.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.91 Bn | 26.23 Bn | 2.03 Bn | -916.00 Mn |
| 2 | General Mills | 19.20 Bn | 18.75 Bn | 1.60 Bn | -240.40 Mn |
| 3 | Mccormick | 13.83 Bn | 13.50 Bn | 778.20 Mn | 63.50 Mn |
| 4 | J M Smucker | 12.89 Bn | 12.84 Bn | 979.60 Mn | 103.60 Mn |
| 5 | Hormel Foods | 11.29 Bn | 10.42 Bn | 471.52 Mn | 43.64 Mn |
| 6 | Chewy | 8.45 Bn | 7.93 Bn | 1.01 Bn | 36.50 Mn |
| 7 | Conagra Brands | 6.98 Bn | 6.77 Bn | 704.10 Mn | -545.80 Mn |
| 8 | Lamb Weston Holdings | 6.60 Bn | 6.53 Bn | 361.40 Mn | 13.90 Mn |
| 9 | Campbell'S | 6.25 Bn | 5.85 Bn | 650.00 Mn | 35.00 Mn |
| 10 | Post Holdings | 3.62 Bn | 3.35 Bn | 566.30 Mn | 23.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -545.80 Mn |
| Feb 22, 2026 | 29.80 Mn |
| Nov 23, 2025 | 8.30 Mn |
| Aug 24, 2025 | 124.60 Mn |
| May 25, 2025 | 276.30 Mn |
| Feb 23, 2025 | 43.90 Mn |
| Nov 24, 2024 | 61.50 Mn |
| Aug 25, 2024 | -138.90 Mn |
| May 26, 2024 | 58.50 Mn |
| Feb 25, 2024 | 95.90 Mn |
| Nov 26, 2023 | 102.90 Mn |
| Aug 27, 2023 | 98.30 Mn |
| May 28, 2023 | 135.80 Mn |
| Feb 26, 2023 | 100.10 Mn |
| Nov 27, 2022 | 122.50 Mn |
| Aug 28, 2022 | 14.40 Mn |
| May 29, 2022 | 26.70 Mn |
| Feb 27, 2022 | 109.90 Mn |
| Nov 28, 2021 | 84.20 Mn |
| Aug 29, 2021 | 69.70 Mn |