Performance Food Group Co (PFGC)
Gross profit margin
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 6,908,100 | 6,678,400 | 6,577,100 | 6,498,200 | 6,441,200 | 6,342,700 | 6,254,900 | 6,076,300 | 5,910,000 | 5,689,200 | 5,256,400 | 4,832,600 | 4,319,700 | 3,852,000 | 3,525,200 | 3,098,400 | 3,073,200 | 2,973,300 | 2,869,200 | 2,930,200 |
| Revenue (ttm) | US$ in thousands | 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 | 25,086,300 | 25,211,400 |
| Gross profit margin | 11.49% | 11.37% | 11.29% | 11.21% | 11.13% | 11.04% | 10.92% | 10.66% | 10.50% | 10.30% | 10.33% | 10.60% | 10.87% | 11.42% | 11.60% | 11.53% | 11.52% | 11.48% | 11.44% | 11.62% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,908,100K ÷ $60,100,600K
= 11.49%
Performance Food Group Co's gross profit margin has shown a gradual decline over the years based on the provided data. From December 31, 2019, where the gross profit margin was 11.95%, it decreased to 10.44% by December 31, 2024. This downward trend may indicate challenges in maintaining profitability or increasing costs that are impacting the company's ability to generate revenue after deducting the cost of goods sold.
It's important to further investigate the reasons behind this declining trend in the gross profit margin. Factors such as pricing pressure, increasing competition, rising input costs, or inefficiencies in the production process could be potential reasons for the decreasing margin. Management may need to implement cost-saving measures, renegotiate supplier contracts, or adjust pricing strategies to improve the gross profit margin and overall profitability of the company.
Peer comparison
Dec 31, 2024