Conagra Brands (CAG) Tax Rate (2009 - 2026)
Conagra Brands (CAG) posted Tax Rate of 30.73% for Q2 2026, up 136.79% on a QoQ basis from 12.98% in Q1 2026, and down 6350.0% year-over-year from 0.49% in Q2 2025.
Analysis
Conagra Brands (CAG) Tax Rate (2009 - 2026) Analysis & Trends
Conagra Brands has reported Tax Rate for 18 years, with the latest figure at 30.73% in Q2 2026.
- On a quarterly basis, Tax Rate fell 6350.0% year-over-year to 30.73% in Q2 2026; TTM through May 2026 was 20.03%, a 97.0% decrease from a year earlier, with the FY2026 full-year figure at 20.03%, down 97.0% from the prior year.
- Tax Rate was 30.73% for Q2 2026 at Conagra Brands, up from 12.98% in the prior quarter.
- The five-year high for Tax Rate was 94.24% in Q2 2025, with the low at 42.35% in Q3 2024.
- Average Tax Rate over 5 years is 22.88%, with a median of 23.6% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 9104 bps in 2024, then surged 10396 bps in 2025.
- Over 5 years, Tax Rate stood at 26.9% in 2022, then declined by 2 bps to 26.45% in 2023, then sank by 33 bps to 17.77% in 2024, then tumbled by 107 bps to 1.27% in 2025, then surged by 2526 bps to 30.73% in 2026.
- The last three Tax Rate figures came in at 30.73% (Q2 2026), 12.98% (Q1 2026), and 1.27% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.22 Bn | 26.54 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 19.94 Bn | 19.49 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 13.84 Bn | 13.51 Bn | 778.20 Mn | 28.84% |
| 4 | J M Smucker | 13.17 Bn | 13.13 Bn | 979.60 Mn | 24.21% |
| 5 | Hormel Foods | 11.54 Bn | 10.67 Bn | 471.52 Mn | 42.30% |
| 6 | Chewy | 8.46 Bn | 7.94 Bn | 1.01 Bn | 27.80% |
| 7 | Conagra Brands | 7.25 Bn | 7.03 Bn | 704.10 Mn | 30.73% |
| 8 | Lamb Weston Holdings | 6.67 Bn | 6.60 Bn | 361.40 Mn | 11.46% |
| 9 | Campbell'S | 6.51 Bn | 6.10 Bn | 650.00 Mn | 22.01% |
| 10 | Post Holdings | 3.66 Bn | 3.39 Bn | 566.30 Mn | 26.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 30.73% |
| Feb 22, 2026 | 12.98% |
| Nov 23, 2025 | -1.27% |
| Aug 24, 2025 | 43.10% |
| May 25, 2025 | 94.24% |
| Feb 23, 2025 | 23.23% |
| Nov 24, 2024 | 17.77% |
| Aug 25, 2024 | -42.35% |
| May 26, 2024 | -9.72% |
| Feb 25, 2024 | 23.70% |
| Nov 26, 2023 | 26.45% |
| Aug 27, 2023 | 23.51% |
| May 28, 2023 | 81.32% |
| Feb 26, 2023 | 25.55% |
| Nov 27, 2022 | 26.90% |
| Aug 28, 2022 | -12.82% |
| May 29, 2022 | 9.46% |
| Feb 27, 2022 | 39.15% |
| Nov 28, 2021 | 25.47% |
| Aug 29, 2021 | 24.44% |