Conagra BrandsMEX:CAG 37 Net Margin % is 7.17% as of Feb. 2026, which is 6% below its 10-year median of 7.65. GuruFocus rates MEX:CAG with a GF Score™ of 37/100 and a GF Value™ of MXN440.90 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,952 Consumer Packaged Goods companies, Conagra Brands ranks worse than 74.03% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Conagra Brands's Net Income for the
three
months ended in Feb. 2026 was MXN3,441 Mil. Conagra Brands's Revenue for the
three
months ended in Feb. 2026 was MXN48,008 Mil. Therefore, Conagra Brands's net margin for the quarter that ended in Feb. 2026 was 7.17%.
The historical rank and industry rank for Conagra Brands's Net Margin % or its related term are showing as below:
MEX:CAG'
s Net Margin % Range Over the Past 10 Years
Min: -7.81 Med: 7.65 Max: 11.61
Current: -0.39
MEX:CAG's Net Margin % is ranked worse than 74.03% of 1952
companies
in the Consumer Packaged Goods industry
Industry Median: 3.495
vs MEX:CAG: -0.39
Conagra Brands (MEX:CAG) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Conagra Brands Net Margin % Related Terms
Conagra Brands Net Margin % Historical Data
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The historical data trend for Conagra Brands's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:CAG vs INGR, CPB, PPC: Net Margin % Comparison
For the Packaged Foods subindustry, Conagra Brands's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Conagra Brands Net Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Conagra Brands's Net Margin % distribution charts can be found below:
* The bar in red indicates where Conagra Brands's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Conagra Brands (MEX:CAG) has a Net Margin % of 7.17% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Conagra Brands and its competitors. This is near median its historical median of 7.65. According to the industry distribution chart, Conagra Brands ranks #1445 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 74%.
Is Conagra Brands' Net Margin % too high?
Conagra Brands' current Net Margin % of 7.17% is near median its 10-year median of 7.65. The Consumer Packaged Goods industry median Net Margin % is 3.50. Conagra Brands' value of 7.17% is 105.2% above this industry median. Based on the distribution chart, Conagra Brands ranks #1445 out of 1952 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Conagra Brands has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Conagra Brands' Net Margin % compare to INGR and CPB?
According to the Consumer Packaged Goods industry distribution chart, Conagra Brands ranks #1445 out of 1952 companies for Net Margin %. This places Conagra Brands in the lower half of its industry. The industry median Net Margin % is 3.50. Conagra Brands' value of 7.17% is 105.2% above this benchmark. While the company's 10-year median is 7.65 vs. the industry median of 3.50, Conagra Brands has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Consumer Packaged Goods company?
The median Net Margin % among Consumer Packaged Goods companies is 3.50, based on 1,952 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Conagra Brands's current Net Margin % of 7.17% is 105.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Conagra Brands and its competitors. For the Consumer Packaged Goods industry, the median Net Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conagra Brands's current Net Margin % is 7.17%, which is near median its own 10-year median of 7.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conagra Brands stock overvalued right now?
Based on GuruFocus' analysis, Conagra Brands (MEX:CAG) is currently considered Possible Value Trap. The stock's GF Value™ is MXN440.90, compared to a current price of MXN236.22 — trading 46.4% below its estimated fair value. The current Net Margin % is 7.17%, which is near median its 10-year median of 7.65 and 105.2% above the Consumer Packaged Goods industry median of 3.50. Conagra Brands' overall GF Score™ is 37/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Conagra Brands (MEX:CAG), the current Net Margin % is 7.17% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Conagra Brands (MEX:CAG) Overvalued in 2026?
Based on GuruFocus' analysis, Conagra Brands stock appears to be undervalued.
The current stock price of MXN236.22 is trading 46.4% below its estimated GF Value™ of MXN440.90.
GuruFocus considers Conagra Brands to be Possible Value Trap.
Key valuation signals for MEX:CAG:
Net Margin %: 7.17% (near median its 10-year median of 7.65)
GF Value™: MXN440.90 vs. price of MXN236.22 (46.4% below fair value)
Industry Position: 105.2% above the Consumer Packaged Goods median (#1445 of 1952)
No single metric tells the full story. See the MEX:CAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Conagra Brands is a packaged food company that operates predominantly in the United States (91% of fiscal 2025 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, and Wish-Bone. The company primarily sells through the US retail channel, with just 9% of fiscal 2025 revenue coming from international markets and 9% from foodservice.
37GF Score
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