Performance Food Group Co (PFGC)
Operating profit margin
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 765,800 | 327,400 | 200,700 | -99,000 | 283,300 |
| Revenue | US$ in thousands | 57,036,700 | 50,708,000 | 30,246,500 | 24,969,400 | 19,678,100 |
| Operating profit margin | 1.34% | 0.65% | 0.66% | -0.40% | 1.44% |
June 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $765,800K ÷ $57,036,700K
= 1.34%
The operating profit margin of Performance Food Group Co has shown fluctuating trends over the past five years. In June 2023, the operating profit margin improved to 1.34%, displaying a significant increase compared to 0.65% in June 2022 and 0.66% in June 2021. Furthermore, it rebounded from a negative operating profit margin of -0.40% in June 2020 to a positive margin in 2019 of 1.44%.
The recent improvement in the operating profit margin suggests that Performance Food Group Co has been able to enhance its operational efficiency and effectively manage its operating expenses compared to previous years. However, the fluctuating nature of the margin indicates potential volatility in the company's profitability, highlighting the importance of sustained efforts to maintain and improve operational performance in the future.
Peer comparison
Jun 30, 2023