Performance Food Group Co (PFGC)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 826,400 | 765,800 | 327,400 | 200,700 | -99,000 |
| Revenue | US$ in thousands | 58,281,200 | 57,254,700 | 50,894,100 | 30,398,900 | 25,086,300 |
| Operating profit margin | 1.42% | 1.34% | 0.64% | 0.66% | -0.39% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $826,400K ÷ $58,281,200K
= 1.42%
Performance Food Group Co's operating profit margin has steadily improved over the past few years. Starting from a negative margin of -0.39% in June 2020, the company has shown consistent progress, reaching 1.42% by June 2024. This upward trend indicates that the company has been more effective in controlling operating expenses relative to its revenue generation.
The improvement in operating profit margin suggests that Performance Food Group Co has been able to enhance its operational efficiency and profitability over time. This could be a result of better cost management, increased productivity, or pricing strategies that have positively impacted the company's bottom line.
Overall, the positive trajectory of Performance Food Group Co's operating profit margin reflects a strengthening financial performance and potentially a more sustainable business model. However, it is important for the company to continue monitoring and managing its operating costs to maintain and potentially further enhance its profitability in the future.
Peer comparison
Jun 30, 2024