Performance Food Group Co (PFGC)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 435,900 | 397,200 | 112,500 | 40,700 | -114,100 |
| Revenue | US$ in thousands | 58,281,200 | 57,254,700 | 50,894,100 | 30,398,900 | 25,086,300 |
| Net profit margin | 0.75% | 0.69% | 0.22% | 0.13% | -0.45% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $435,900K ÷ $58,281,200K
= 0.75%
Performance Food Group Co's net profit margin has shown improvement over the past few years, starting at a negative margin of -0.45% as of June 30, 2020, and gradually increasing to 0.75% by June 30, 2024. This indicates that the company has been able to effectively manage its expenses and generate a higher percentage of net income relative to its total revenue.
The positive trend in net profit margin reflects a strengthening financial performance and efficiency in the company's operations. It suggests that Performance Food Group Co has been successful in controlling costs and increasing profitability over the years.
Overall, the increasing net profit margin is a positive indicator of the company's financial health and management effectiveness, signaling potential value creation for shareholders. However, continuous monitoring and analysis of this ratio along with other financial metrics are necessary to ensure sustained growth and profitability for the company.
Peer comparison
Jun 30, 2024