Performance Food Group Co (PFGC)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 6,577,100 | 6,254,900 | 5,256,400 | 3,525,200 | 2,869,200 |
| Revenue | US$ in thousands | 58,281,200 | 57,254,700 | 50,894,100 | 30,398,900 | 25,086,300 |
| Gross profit margin | 11.29% | 10.92% | 10.33% | 11.60% | 11.44% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $6,577,100K ÷ $58,281,200K
= 11.29%
The gross profit margin of Performance Food Group Co, calculated as a percentage of gross profit to total revenue, has shown some fluctuations over the past five years. In June 2020, the gross profit margin stood at 11.44%, showing a slight increase to 11.60% in June 2021. However, there was a noticeable decline in June 2022 when the margin dropped to 10.33%. Subsequently, the margin improved to 10.92% in June 2023 and further increased to 11.29% in June 2024.
These fluctuations in the gross profit margin indicate some variability in the company's ability to generate profit from its core operations relative to its revenue. It is essential for Performance Food Group Co to monitor and manage its cost of goods sold effectively to maintain a healthy gross profit margin and ensure profitability in the long term.
Peer comparison
Jun 30, 2024