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Conagra Brands, Inc. (CAG) Operating Margin: 12.28%

Is Conagra Brands, Inc.’s operating margin high or low?

Conagra Brands, Inc.'s operating margin of 12.28% is in line with its 5-year average of 11.37%, around the middle of its 5-year range (7.08%–15.88%).

The operating margin for Conagra Brands, Inc. (CAG) is 12.28% as of Wednesday, June 10, 2026. It is above its 12-month average by 30.43% (9.41%).

CAG Operating Margin Chart

CAG Operating Margin
11.75%+65.96% 1Y
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CAG Average Operating Margin Chart

CAG Current vs Average Operating Margin Chart

CAG Operating Margin Metrics

OPERATING MARGIN

12.28%

OPERATING MARGIN AVG TTM

9.41%

OPERATING MARGIN AVG 3Y

9.81%

OPERATING MARGIN AVG 5Y

11.37%

OPERATING MARGIN AVG 10Y

10.77%

OPERATING MARGIN AVG 15Y

10.35%

OPERATING MARGIN AVG 20Y

9.91%

CURRENT VS TTM AVG

+30.43%

CURRENT VS 3Y AVG

+25.11%

CURRENT VS 5Y AVG

+7.99%

CURRENT VS 10Y AVG

+14.00%

CURRENT VS 15Y AVG

+18.62%

CURRENT VS 20Y AVG

+23.96%

CAG Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Conagra Brands, Inc. (CAG)$6.37B12.28%9.41%9.81%11.37%
Celsius Holdings, Inc. (CELH)$7.43B10.40%15.06%6.55%5.16%
The Clorox Company (CLX)$12.08B15.68%13.38%12.00%13.91%
The J. M. Smucker Company (SJM)$12.45B3.98%-1.87%3.52%7.37%
Borealis Foods Inc. (BRLS)$34.34M-36.69%-55.22%-50.14%-55.09%
McCormick & Company, Incorporated (MKC)$13.25B15.51%15.87%14.94%15.62%
Hormel Foods Corporation (HRL)$13.38B5.75%7.45%8.57%9.27%
General Mills, Inc. (GIS)$18.02B19.07%17.12%17.41%17.29%
Dollar Tree, Inc. (DLTR)$21.29B8.54%8.28%9.04%9.52%
Church & Dwight Co., Inc. (CHD)$23.34B17.30%15.30%14.93%16.93%

Operating Efficiency

Gross Margin

24.2%

Operating Margin

12.3%

Conagra Brands, Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Conagra Brands, Inc. Operating Margin FAQ

What is the operating margin for Conagra Brands, Inc. (CAG)?
The operating margin for CAG stock is 12.28%.
Is Conagra Brands, Inc.'s operating margin high or low?
Conagra Brands, Inc.'s operating margin of 12.28% is in line with its 5-year average of 11.37%, around the middle of its 5-year range (7.08%–15.88%).
What is the TTM average operating margin for Conagra Brands, Inc. (CAG)?
The TTM average operating margin for CAG stock is 9.41%.
What is the 3Y average operating margin for Conagra Brands, Inc. (CAG)?
The 3Y average operating margin for CAG stock is 9.81%.
What is the 5Y average operating margin for Conagra Brands, Inc. (CAG)?
The 5Y average operating margin for CAG stock is 11.37%.
What is the 10Y average operating margin for Conagra Brands, Inc. (CAG)?
The 10Y average operating margin for CAG stock is 10.77%.
What is the 15Y average operating margin for Conagra Brands, Inc. (CAG)?
The 15Y average operating margin for CAG stock is 10.35%.
What is the 20Y average operating margin for Conagra Brands, Inc. (CAG)?
The 20Y average operating margin for CAG stock is 9.91%.

Conagra Brands, Inc. Operating Margin History

DATEOPERATING MARGIN
2025-05-2511.75%
2024-05-267.08%
2023-05-288.76%
2022-05-2911.67%
2021-05-3015.88%
2020-05-3113.09%
2019-05-3112.37%
2018-05-3112.01%
2017-05-3111.11%
2016-05-314.67%
2015-05-3110.10%
2014-05-319.70%
2013-05-319.64%
2012-05-316.14%
2011-05-3111.33%
2010-05-3110.34%
2009-05-318.84%
2008-05-318.21%
2007-05-318.73%
2006-05-316.82%
2005-05-319.80%
2004-05-319.98%
2003-05-318.99%
2002-05-317.11%
2001-05-315.98%
2000-05-314.87%
1999-05-315.61%
1998-05-315.40%
1997-05-315.41%
1996-05-315.11%

About Conagra Brands, Inc.

Conagra Brands, Inc., a prominent manufacturer of packaged food products, conducts its business across North America through its various subsidiary companies. The firm organizes its extensive operations into four distinct segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks division primarily distributes non-perishable food items through various retail channels within the United States. In contrast, the Refrigerated & Frozen segment focuses on supplying temperature-sensitive food products to comparable U.S. retail outlets. Its International division caters to markets outside the United States, offering food products in all temperature states to both retail consumers and professional food service operators globally. Domestically, the Foodservice segment specializes in providing both proprietary and custom-engineered culinary offerings, such as prepared meals, entrees, sauces, and other specially manufactured gastronomic items, tailored for restaurants and institutional food providers throughout the United States. Conagra maintains an extensive portfolio of well-recognized brands, including Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera. The company, which traces its origins back to 1861, was formerly known as ConAgra Foods, Inc. until its rebranding to Conagra Brands, Inc. in November 2016. Its main corporate offices are located in Chicago, Illinois.

Chicago, IL
18,500 employees
Consumer Defensive / Packaged Foods
Sector
Consumer Defensive
Industry
Packaged Foods
CEO
Sean Connolly