CONAGRA BRANDS INC. (CAG) closed fiscal year 2026 with a gross margin of 23.9 % and a net margin of -17.0 %.
CONAGRA BRANDS INC. (CAG) closed fiscal year 2026 with a gross margin of 23.9 % and a net margin of -17.0 %. The same year shows an EBITDA margin of -10.9 % and an EBIT margin of -14.4 %. The free cash flow margin was 8.7 %. Against the previous year the gross margin moved −1.9 pp and the net margin −26.9 pp. Across the period the gross margin ranges between 22.5 % in 2009 and 29.9 % in 2017. The series covers 19 fiscal years, from 2008 to 2026. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: May
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 23.58 % | 22.49 % | 25.37 % | 23.43 % | — | — | — | — | — | 29.95 % | 29.62 % | 27.81 % | 27.77 % | 28.42 % | 24.61 % | 26.59 % | 27.66 % | 25.86 % | 23.92 % |
| EBITDA margin (%) | — | 14.52 % | 16.06 % | 16.12 % | 122.50 % | 124.35 % | 105.21 % | 93.38 % | 100.11 % | 19.27 % | 21.03 % | 20.70 % | 19.94 % | 22.61 % | 17.02 % | 11.77 % | 10.40 % | 15.11 % | -10.92 % |
| EBIT margin (%) | — | 12.05 % | 13.36 % | 13.21 % | 99.32 % | 99.72 % | 84.35 % | 75.59 % | 81.54 % | 15.84 % | 17.79 % | 17.21 % | 16.42 % | 19.14 % | 13.76 % | 8.76 % | 7.08 % | 11.75 % | -14.43 % |
| Net margin (%) | 8.27 % | 7.92 % | 5.11 % | 6.60 % | 29.24 % | 45.52 % | 17.83 % | -15.79 % | -45.13 % | 8.17 % | 10.18 % | 7.11 % | 7.60 % | 11.61 % | 7.70 % | 5.57 % | 2.88 % | 9.92 % | -16.99 % |
| FCF margin (%) | -2.99 % | -2.47 % | 8.24 % | 7.15 % | 44.77 % | 58.21 % | 65.15 % | 79.26 % | 65.45 % | 11.86 % | 8.85 % | 8.10 % | 13.33 % | 8.60 % | 6.18 % | 5.16 % | 13.51 % | 11.22 % | 8.68 % |
