Conagra Brands profit margin CAG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- −17.0%
- Operating margin, 12 months
- −15.2%
- Net margin on a year earlier
- −24.4 pts
- Peer median
- 5.5%
Over the twelve months to Aug 30, 2026, Conagra Brands kept −17.0% of its revenue as net profit, with an operating margin of −15.2% and a gross margin of 23.8%.
Five years earlier its net margin was 10.8%.
The median for 10 packaged Foods stocks of a similar size is 5.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | −17.0% | −14.4% | 23.9% |
| FY2025 | 9.9% | 11.8% | 25.9% |
| FY2024 | 2.9% | 6.8% | 27.7% |
| FY2023 | 5.6% | 8.8% | 26.6% |
| FY2022 | 7.7% | 11.7% | 24.6% |
| FY2021 | 11.6% | 15.9% | 28.4% |
| FY2020 | 7.6% | 13.1% | 27.8% |
| FY2019 | 7.1% | 12.4% | 27.8% |
| FY2018 | 10.2% | 12.0% | 29.6% |
| FY2017 | 8.2% | 11.8% | 29.9% |
| FY2016 | −7.8% | 7.2% | 31.7% |
| FY2015 | −2.0% | 10.3% | 22.3% |
| FY2014 | 1.9% | 4.7% | 22.2% |
| FY2013 | 5.0% | 9.2% | 23.1% |
| FY2012 | 3.5% | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | −17.0% | −24.4 pts | −15.2% | |
| Q4 FY26 | −17.0% | −26.9 pts | −14.4% | |
| Q3 FY26 | −0.4% | −3.2 pts | 3.1% | |
| Q2 FY26 | −0.9% | −5.0 pts | 2.8% | |
| Q1 FY26 | 7.4% | +3.3 pts | 11.4% | |
| Q4 FY25 | 9.9% | +7.0 pts | 11.8% | |
| Q3 FY25 | 2.8% | −5.1 pts | 3.9% | |
| Q2 FY25 | 4.1% | −4.0 pts | 5.7% | |
| Q1 FY25 | 4.1% | −4.7 pts | 6.1% | |
| Q4 FY24 | 2.9% | −2.7 pts | 6.8% | |
| Q3 FY24 | 7.9% | +1.3 pts | 12.1% | |
| Q2 FY24 | 8.1% | +2.4 pts | 12.2% |
Against its peers
Companies in Packaged Foods nearest Conagra Brands' size, closest first, today.
| Company | Profit margin |
|---|---|
| CAGConagra Brands | −17.0% |
| SFDSmithfield Foods | 6.8% |
| LWLamb Weston | 3.8% |
| CPBCAMPBELL'S | 4.1% |
| INGRIngredion | 8.2% |
| HRLHormel Foods | 2.8% |
| MKCMccormick | 19.4% |
| SJMJ M SMUCKER | 2.5% |
| POSTPost | 3.5% |
| FRPTFreshpet | 17.3% |
| MZTIMarzetti | 9.9% |
| Peer median | 5.5% |
Where Conagra Brands ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Conagra Brands
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.