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% | +86.11 pp |
| 2011 | 2011-05-29 | 13.21% | −0.15 pp |
| 2010 | 2010-05-30 | 13.36% | +1.31 pp |
| 2009 | 2009-05-31 | 12.05% | — |
Conagra Brands quarterly operating margin
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| 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% | — |
| Q3 2020 | 2020-02-23 | 17.21% | −0.56 pp |
| Q2 2020 | 2019-11-24 | 18.29% | +0.11 pp |
| Q1 2020 | 2019-08-25 | 15.19% | −3.29 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% | +8.11 pp |
| Q3 2018 | 2018-02-25 | 17.81% | −1.19 pp |
| Q2 2018 | 2017-11-26 | 18.22% | +1.80 pp |
| Q1 2018 | 2017-08-27 | 17.75% | −0.64 pp |
| Q4 2017 | 2017-05-28 | 9.24% | — |
| Q3 2017 | 2017-02-26 | 19.00% | +4.24 pp |
| Q2 2017 | 2016-11-27 | 16.42% | — |
| Q1 2017 | 2016-08-28 | 18.38% | −0.14 pp |
| Q3 2016 | 2016-02-28 | 14.76% | +44.08 pp |
| Q1 2016 | 2015-08-30 | 18.52% | +7.24 pp |
| Q4 2015 | 2015-05-31 | 48.06% | +44.76 pp |
| Q3 2015 | 2015-02-22 | −29.31% | −40.27 pp |
| Q2 2015 | 2014-11-23 | 7.89% | −4.03 pp |
| Q1 2015 | 2014-08-24 | 11.28% | +1.39 pp |
| Q4 2014 | 2014-05-25 | 3.30% | −5.55 pp |
| Q3 2014 | 2014-02-23 | 10.96% | −0.98 pp |
| Q2 2014 | 2013-11-24 | 11.93% | −0.37 pp |
| Q1 2014 | 2013-08-25 | 9.89% | −1.48 pp |
| Q4 2013 | 2013-05-26 | 8.84% | −2.79 pp |
| Q3 2013 | 2013-02-24 | 11.94% | −2.33 pp |
| Q2 2013 | 2012-11-25 | 12.30% | +0.14 pp |
| Q1 2013 | 2012-08-26 | 11.37% | +1.92 pp |
| Q4 2012 | 2012-05-27 | 11.63% | −3.72 pp |
| Q3 2012 | 2012-02-26 | 14.27% | +1.01 pp |
| Q2 2012 | 2011-11-27 | 12.15% | −0.74 pp |
| Q1 2012 | 2011-08-28 | 9.46% | −1.98 pp |
| Q4 2011 | 2011-05-29 | 15.35% | — |
| Q3 2011 | 2011-02-27 | 13.26% | — |
| Q2 2011 | 2010-11-28 | 12.90% | — |
| Q1 2011 | 2010-08-29 | 11.44% | — |
Conagra Brands operating margin trends
Over the last five 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 source filings ↗Community posts
Conagra’s earnings improve despite declining sales and weaker cash generation
Conagra ($CAG) reported a 1.4% decline in fiscal first-quarter sales and a 1.1% fall on an organic basis, while adjusted earnings per share increased 5.1% to $0.41. Reported net income rose to $174 million, or $0.36 per share. Lower adjuste ...
