Conagra Brands annual operating margin
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2026
Conagra Brands Operating Margin Growth & History (CAG)
Conagra Brands's operating margin was −14.43% for fiscal 2026.
View full Conagra Brands company overviewConagra Brands annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-05-31 | −14.43% | −26.18 pp |
| 2025 | 2025-05-25 | 11.75% | +4.67 pp |
| 2024 | 2024-05-26 | 7.08% | −1.68 pp |
| 2023 | 2023-05-28 | 8.76% | −5.00 pp |
| 2022 | 2022-05-29 | 13.76% | −5.38 pp |
| 2021 | 2021-05-30 | 19.14% | +2.72 pp |
| 2020 | 2020-05-31 | 16.42% | −0.79 pp |
| 2019 | 2019-05-26 | 17.21% | −0.58 pp |
| 2018 | 2018-05-27 | 17.79% | +1.95 pp |
| 2017 | 2017-05-28 | 15.84% | −65.70 pp |
| 2016 | 2016-05-29 | 81.54% | +5.95 pp |
| 2015 | 2015-05-31 | 75.59% | −8.77 pp |
| 2014 | 2014-05-25 | 84.35% | −15.37 pp |
| 2013 | 2013-05-26 | 99.72% | +0.40 pp |
| 2012 | 2012-05-27 | 99.32% | — |
Conagra Brands quarterly operating margin
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-05-31 | −57.54% | −69.08 pp |
| Q3 2026 | 2026-02-22 | 10.05% | +1.62 pp |
| Q2 2026 | 2025-11-23 | −20.06% | −32.66 pp |
| Q1 2026 | 2025-08-24 | 13.20% | −1.17 pp |
| Q4 2025 | 2025-05-25 | 11.54% | +38.88 pp |
| Q3 2025 | 2025-02-23 | 8.43% | −10.64 pp |
| Q2 2025 | 2024-11-24 | 12.60% | −4.33 pp |
| Q1 2025 | 2024-08-25 | 14.37% | −3.73 pp |
| Q4 2024 | 2024-05-26 | −27.34% | −19.81 pp |
| Q3 2024 | 2024-02-25 | 19.07% | +0.25 pp |
| Q2 2024 | 2023-11-26 | 16.94% | −2.87 pp |
| Q1 2024 | 2023-08-27 | 18.10% | +15.96 pp |
| Q4 2023 | 2023-05-28 | −7.53% | −16.71 pp |
| Q3 2023 | 2023-02-26 | 18.82% | +4.27 pp |
| Q2 2023 | 2022-11-27 | 19.80% | +4.49 pp |
| Q1 2023 | 2022-08-28 | 2.14% | −13.99 pp |
| Q4 2022 | 2022-05-29 | 9.18% | −4.18 pp |
| Q3 2022 | 2022-02-27 | 14.56% | −5.13 pp |
| Q2 2022 | 2021-11-28 | 15.31% | −6.14 pp |
| Q1 2022 | 2021-08-29 | 16.13% | −5.79 pp |
| Q4 2021 | 2021-05-30 | 13.36% | −1.76 pp |
| Q3 2021 | 2021-02-28 | 19.68% | +2.48 pp |
| Q2 2021 | 2020-11-29 | 21.45% | +3.17 pp |
| Q1 2021 | 2020-08-30 | 21.92% | +6.72 pp |
| Q4 2020 | 2020-05-31 | 15.12% | −2.64 pp |
| Q3 2020 | 2020-02-23 | 17.21% | −0.97 pp |
| Q2 2020 | 2019-11-24 | 18.29% | −0.19 pp |
| Q1 2020 | 2019-08-25 | 15.19% | −2.16 pp |
| Q3 2019 | 2019-02-24 | 17.76% | −0.05 pp |
| Q2 2019 · Nov 25 | 2018-11-25 | 18.18% | −0.04 pp |
| Q1 2019 | 2018-08-26 | 18.48% | +0.73 pp |
| Q4 2018 | 2018-05-27 | 17.35% | — |
| Q3 2018 | 2018-02-25 | 17.81% | — |
| Q2 2018 | 2017-11-26 | 18.22% | — |
| Q1 2018 | 2017-08-27 | 17.75% | — |
Conagra Brands operating margin trends
Over the last five reported fiscal years, Conagra Brands's operating margin decreased from 19.14% to −14.43%, a change of −33.58 percentage points. The latest reported quarter, Q4 2026, shows −57.54%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Conagra Brands filings at SEC.gov ↗