Performance Food Group Co (PFGC)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 2,727,400 | 2,630,800 | 2,513,000 |
| Revenue (ttm) | US$ in thousands | 57,726,600 | 57,641,400 | 57,250,300 | 57,036,700 | 56,769,700 | 56,087,400 | 55,037,800 | 50,708,000 | 45,431,800 | 39,564,100 | 33,577,600 | 30,246,500 | 26,716,500 | 26,516,600 | 25,751,700 | 24,969,400 | 25,115,200 | 22,822,200 | 21,379,700 | 19,678,100 |
| Gross profit margin | 11.26% | 11.17% | 11.08% | 10.97% | 10.70% | 10.54% | 10.34% | 10.37% | 10.64% | 10.92% | 11.47% | 11.65% | 11.60% | 11.59% | 11.55% | 11.49% | 11.67% | 11.95% | 12.31% | 12.77% |
March 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,498,200K ÷ $57,726,600K
= 11.26%
Performance Food Group Co's gross profit margin has experienced fluctuations over the past several quarters. The margin has ranged from a low of 10.34% in Sep 30, 2022, to a high of 12.77% in Jun 30, 2019. In the most recent quarter, Mar 31, 2024, the gross profit margin stands at 11.26%, showing a slight increase compared to the previous quarter.
Overall, the trend in the gross profit margin appears to be relatively stable, with some variability quarter to quarter. It is important for the company to closely monitor its cost of goods sold and pricing strategies to ensure this margin remains competitive and supports profitability.
Peer comparison
Mar 31, 2024