Conagra Brands, Inc. (CAG) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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CAG Revenue Growth
Revenue Breakdown (FY 2025)
CAG's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
CAG Revenue Analysis (2014–2025)
As of May 8, 2026, Conagra Brands, Inc. (CAG) generated trailing twelve-month (TTM) revenue of $11.23 billion, reflecting moderate decline in growth of -6.8% year-over-year. The most recent quarter (Q2 2026) recorded $2.98 billion in revenue, up 13.2% sequentially.
Looking at the longer-term picture, CAG's 5-year compound annual growth rate (CAGR) stands at +1.0%, indicating moderate growth over time. The company achieved its highest annual revenue of $12.28 billion in 2023.
Revenue diversification analysis shows CAG's business is primarily driven by Grocery And Snacks (42%), Refrigerated And Frozen (40%), and Foodservice (9%).
When compared to Consumer Defensive sector peers including CPB (-0.8% YoY), SJM (+1.6% YoY), and HRL (+1.9% YoY), CAG has underperformed the peer group in terms of revenue growth. Compare CAG vs CPB →
CAG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CAGCurrent | $11.2B | -6.8% | +1.0% | 11.8% | |
 CPB | $10.3B | -0.8% | +3.4% | 13.2% | |
 SJM | $8.7B | +1.6% | +2.3% | -7.7% | |
 HRL | $12.1B | +1.9% | +4.7% | 5.9% | |
 MKC | $6.8B | +1.7% | +4.1% | 16.0% | |
 GIS | $19.5B | -6.5% | +2.0% | 17.0% |
CAG Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $11.61B | -3.6% | $3.00B | 25.9% | $1.36B | 11.8% |
| 2024 | $12.05B | -1.8% | $3.33B | 27.7% | $852.8M | 7.1% |
| 2023 | $12.28B | +6.4% | $3.26B | 26.6% | $1.08B | 8.8% |
| 2022 | $11.54B | +3.1% | $2.84B | 24.6% | $1.35B | 11.7% |
| 2021 | $11.18B | +1.2% | $3.18B | 28.4% | $1.78B | 15.9% |
| 2020 | $11.05B | +15.9% | $3.07B | 27.8% | $1.45B | 13.1% |
| 2019 | $9.54B | +20.2% | $2.65B | 27.8% | $1.18B | 12.4% |
| 2018 | $7.94B | +1.4% | $2.35B | 29.6% | $953.1M | 12.0% |
| 2017 | $7.83B | -9.7% | $2.34B | 29.9% | $869.8M | 11.1% |
| 2016 | $8.66B | -4.1% | $2.43B | 28.0% | $404.6M | 4.7% |
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Start ComparisonCAG — Frequently Asked Questions
Quick answers to the most common questions about buying CAG stock.
Is CAG's revenue growth accelerating or slowing?
CAG revenue declined -6.8% year-over-year, contrasting with the 5-year CAGR of +1.0%. TTM revenue fell to $11.2B. This reverses the prior growth trend.
What is CAG's long-term revenue growth rate?
Conagra Brands, Inc.'s 5-year revenue CAGR of +1.0% reflects the variable expansion pattern. Current YoY growth of -6.8% is below this long-term average.
How is CAG's revenue distributed by segment?
CAG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.