Performance Food Group Co (PFGC)
Gross profit margin
| Sep 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 6,594,100 | 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 | 2,727,400 | 2,630,800 |
| Revenue (ttm) | US$ in thousands | 58,332,900 | 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 |
| Gross profit margin | 11.30% | 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% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,594,100K ÷ $58,332,900K
= 11.30%
Performance Food Group Co's gross profit margin has exhibited fluctuations over the past several quarters. The trend indicates a generally stable performance, with the gross profit margin ranging from 10.34% to 12.31% over the past two years. The company experienced a gradual increase in gross profit margin from the end of 2019 to mid-2021, with a peak of 12.31% in the third quarter of 2021. However, the margin declined slightly in subsequent quarters before settling around 11% in recent periods.
Overall, the company has maintained a double-digit gross profit margin, which suggests that it is effectively managing its production costs and pricing strategies. While fluctuations in the gross profit margin can be influenced by various factors such as changes in input costs or pricing pressures, the company's ability to sustain a relatively stable margin range indicates operational resilience. Monitoring this metric over time can provide insights into the company's efficiency in generating profits from its core business activities.
Peer comparison
Sep 30, 2024