Conagra Brands

CAG Consumer Defensive Packaged Foods

Conagra Brands' revenue for fiscal 2026 (year ended May 2026) was $11.3 billion, down 2.85% from fiscal 2025.

Revenue
−1.39%
EPS
+5.88%
Free cash flow
−464.5%
Total debt
−6.20%

Quarter to August 2026, against a year earlier

15.43 0.16 +1.05%
Market cap
$7.4B
P/E
0.0×
Fwd P/E
10.2×
Dividend yield
6.80%
F-score
4/9
Altman Z
1.01
Beneish M
−3.53
Dividend safety
18/100

Conagra Brands (CAG) Operating margin

Alert me on Operating margin

Conagra Brands's operating margin over the twelve months to 31 August 2026 was −15.2%, down 0.7 percentage points from fiscal 2026 (−14.4%). Over the past ten years it has ranged from −14.4% (fiscal 2026) to 16.4% (fiscal 2021) — the current reading is the lowest in ten years. That is below the Packaged Foods industry median of 2.53% and below the Consumer Defensive sector median of 1.70%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 −14.4% (26.18)
FY2025 11.8% 4.67
FY2024 7.08% (1.68)
FY2023 8.76% (3.49)
FY2022 12.3% (4.12)
FY2021 16.4% 3.19
FY2020 13.2% 0.45
FY2019 12.7% (0.29)
FY2018 13.0% 1.20
FY2017 11.8% 7.15

Quarterly newest first

Period Operating margin Change (points)
Aug 2026 10.3% 67.88
May 2026 −57.5% (67.59)
Feb 2026 10.1% 30.11
Nov 2025 −20.1% (33.26)
43 more quarters

Against its own ten years

Low −14.4% High 16.4%
Ten-year median 11.8%
Current reading's percentile 2

Operating margin against peers

Company Operating margin
DAR Darling Ingredients Inc. compare 17.9%
INGR Ingredion Incorporated compare 11.9%
CPB The Campbell's Company compare 8.74%
LW Lamb Weston compare 7.80%
SFD Smithfield Foods, Inc. compare 7.59%
HRL Hormel Foods Corporation compare 3.47%
PPC Pilgrim's Pride Corporation compare 3.40%
CAG Conagra Brands −15.2%
MICC The Magnum Ice Cream Company N.V. compare —
Packaged Foods industry median 2.53%
Consumer Defensive sector median 1.70%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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