Conagra Brands (CAG) Tax Rate (2009 - 2026)
Conagra Brands (CAG) posted quarterly Tax Rate of 32.34% for Q2 2026, up 1965.0% year-over-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.
- In Q2 2026, Tax Rate rose 1965.0% year-over-year to 32.34%; the TTM figure through May 2026 stood at 21.0% (up 2068.0% YoY), while the FY2026 annual figure was 21.0%, up 2068.0% from the prior year.
- Tax Rate for Q2 2026 stood at 32.34%, up from 12.98% in the prior quarter.
- The five-year high for Tax Rate was 45.3% in Q2 2024, with the low at 42.35% in Q3 2024.
- The 5-year median for Tax Rate is 23.37% (2025), against an average of 16.37%.
- The sharpest annual moves came in 2022 and 2024: Tax Rate surged 12451 bps in 2022, then slumped 6585 bps in 2024.
- Conagra Brands' Tax Rate stood at 26.9% in 2022, then slipped 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 2653 bps to 32.34% in 2026.
- Business Quant data shows CAG's Tax Rate at 32.34% in Q2 2026, 12.98% in Q1 2026, and 1.27% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 28.84% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 56.69% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 23.63% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | -18.47% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 22.13% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 21.40% |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 30.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |