Performance Food Group Co (PFGC)

Total asset turnover

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Revenue (ttm) US$ in thousands 63,298,900 61,549,200 60,100,600 58,758,100 58,281,200 57,957,200 57,870,800 57,474,000 57,254,700 56,979,500 56,287,200 55,227,100 50,894,100 45,608,500 39,732,000 33,738,400 30,398,900 26,868,500 26,666,700 25,890,100
Total assets US$ in thousands 17,881,200 17,123,400 17,097,000 14,396,500 13,392,900 12,873,900 12,912,500 12,903,200 12,499,000 12,189,500 12,189,600 12,168,600 12,378,000 11,979,600 11,956,400 11,581,700 7,845,700 7,449,800 7,493,700 7,739,900
Total asset turnover 3.54 3.59 3.52 4.08 4.35 4.50 4.48 4.45 4.58 4.67 4.62 4.54 4.11 3.81 3.32 2.91 3.87 3.61 3.56 3.35

June 30, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $63,298,900K ÷ $17,881,200K
= 3.54

The total asset turnover ratio for Performance Food Group Co exhibits notable fluctuations over the analyzed period, reflecting shifts in asset utilization efficiency. Starting from a ratio of 3.35 on September 30, 2020, the ratio experienced a consistent upward trend, reaching a peak of 4.67 on March 31, 2023. This increase indicates an enhancement in the company's ability to generate sales from its assets, implying improved operational efficiency over this period.

Between March 31, 2023, and September 30, 2023, there was a slight decline from 4.67 to 4.45, continuing towards 4.48 on December 31, 2023. This slight decrease suggests a minor reduction in asset utilization efficiency. The ratio remained relatively stable through early 2024, with values around 4.50, before declining more noticeably to 4.08 by September 30, 2024.

Subsequently, the ratio experienced a downward trend, decreasing to 3.52 on December 31, 2024, which indicates a reduced efficiency in asset utilization, possibly due to increased asset base or reduced sales efficiency. By March 31, 2025, the ratio slightly recovered to 3.59, but it remained below the peak levels observed earlier in the period.

Overall, the data indicates that Performance Food Group Co improved its asset utilization efficiency significantly through early 2023, followed by periods of stabilization and decline, suggesting variable operational efficiencies and potential changes in asset management or sales strategies over time.


Peer comparison

Jun 30, 2025

Company name
Symbol
Total asset turnover
Performance Food Group Co
PFGC
3.54
SpartanNash Co
SPTN
3.67
The Chefs Warehouse Inc
CHEF
2.03
United Natural Foods Inc
UNFI
4.12