Performance Food Group Co (PFGC)
Net profit margin
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 397,200 | 112,500 | 40,700 | -114,100 | 166,800 |
| Revenue | US$ in thousands | 57,036,700 | 50,708,000 | 30,246,500 | 24,969,400 | 19,678,100 |
| Net profit margin | 0.70% | 0.22% | 0.13% | -0.46% | 0.85% |
June 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $397,200K ÷ $57,036,700K
= 0.70%
Performance Food Group Co's net profit margin has been volatile over the past five years. The company experienced a significant improvement in its net profit margin from -0.46% in 2020 to 0.70% in 2023, indicating an enhanced profitability performance. However, it's important to note that the net profit margin was relatively low in 2021 at 0.13% and 2022 at 0.22%.
Overall, the positive trend in the net profit margin since 2020 suggests that the company has been able to effectively manage its costs and improve its operational efficiency to generate higher profits relative to its revenues. It would be beneficial for investors and stakeholders to continue monitoring the company's net profit margin in future periods to assess its ongoing financial health and profitability.
Peer comparison
Jun 30, 2023