Performance Food Group Co (PFGC)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 419,500 | 429,400 | 422,200 | 397,200 | 323,100 | 266,200 | 203,500 | 112,500 | 67,900 | 36,900 | 46,100 | 40,700 | -141,900 | -174,500 | -150,900 | -114,100 | 100,300 | 172,800 | 174,700 | 166,800 |
| 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 |
| Net profit margin | 0.73% | 0.74% | 0.74% | 0.70% | 0.57% | 0.47% | 0.37% | 0.22% | 0.15% | 0.09% | 0.14% | 0.13% | -0.53% | -0.66% | -0.59% | -0.46% | 0.40% | 0.76% | 0.82% | 0.85% |
March 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $419,500K ÷ $57,726,600K
= 0.73%
Performance Food Group Co's net profit margin has shown variability over the past several quarters. The trend indicates that the company's profitability has been fluctuating within a relatively narrow range, with a low of -0.66% in December 2020 and a high of 0.85% in June 2019. Generally, the net profit margin has been positive, although there were some quarters where it dipped into negative territory, such as in March 2021 and December 2020.
Overall, the company's ability to convert revenue into profit, as reflected by the net profit margin, has been somewhat volatile, with some quarters showing better performance than others. It is important for the company to focus on strategies to stabilize and potentially improve its net profit margin over time to ensure long-term profitability and sustainability.
Peer comparison
Mar 31, 2024