Conagra Brands (CAG) Tax Rate (2009 - 2026)

Conagra Brands' (CAG) quarterly Tax Rate came in at 32.34% in Q2 2026, up 1965.0% year-on-year from 1.57% in Q2 2025, and up 149.15% quarter-over-quarter from 12.98% in Q1 2026.

Conagra Brands (CAG) Tax Rate (2009 - 2026) Analysis & Trends

Conagra Brands' Tax Rate history runs 18 years deep, the most recent figure standing at 32.34% for Q2 2026.

  • On a quarterly basis, Tax Rate rose 1965.0% year-over-year to 32.34% in Q2 2026; TTM through May 2026 was 21.0%, a 2068.0% increase from a year earlier, with the FY2026 full-year figure at 21.0%, up 2068.0% from the prior year.
  • Tax Rate rose to 32.34% in Q2 2026 per CAG's latest filing, from 12.98% in the prior quarter.
  • Across five years, Tax Rate topped out at 45.3% in Q2 2024 and bottomed at 42.35% in Q3 2024.
  • The 5-year median for Tax Rate is 23.37% (2025), against an average of 16.37%.
  • Across the five-year window, Tax Rate surged 12451 bps in 2022 and tumbled 6585 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 26.9% in 2022, then dropped by 2 bps to 26.45% in 2023, then plunged by 33 bps to 17.77% in 2024, then slumped by 107 bps to 1.27% in 2025, then soared by 2653 bps to 32.34% in 2026.
  • Per Business Quant, the three latest CAG Tax Rate figures stand at 32.34% (Q2 2026), 12.98% (Q1 2026), and 1.27% (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 20.89
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn 10.77
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 23.63
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 28.84
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 22.29
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 21.99
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn -
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn 32.34
10 Lamb Weston Holdings 6.87 Bn 6.81 Bn 331.60 Mn 37.13

Historic Data

Download Data
DateValue
May 31, 2026 32.34
May 31, 2026 32.34
May 31, 2026 32.34
Feb 22, 2026 12.98
Feb 22, 2026 12.98
Feb 22, 2026 12.98
Nov 23, 2025 -1.27
Nov 23, 2025 -1.27
Nov 23, 2025 -1.27
Aug 24, 2025 43.10
Aug 24, 2025 43.10
Aug 24, 2025 43.10
May 25, 2025 12.69
May 25, 2025 12.69
May 25, 2025 12.69
Feb 23, 2025 23.23
Feb 23, 2025 23.23
Feb 23, 2025 23.23
Nov 24, 2024 17.77
Nov 24, 2024 17.77