Performance Food Group Co (PFGC)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 760,300 | 806,800 | 820,700 | 790,800 | 765,800 | 656,800 | 556,600 | 470,400 | 327,400 | 255,200 | 210,000 | 213,100 | 200,700 | -105,500 | -146,300 | -126,700 | -99,000 | 227,100 | 303,700 | 296,200 |
| Total assets | US$ in thousands | 14,396,500 | 12,873,900 | 12,912,500 | 12,903,200 | 12,499,000 | 12,189,500 | 12,189,600 | 12,168,600 | 12,378,000 | 11,979,600 | 11,956,400 | 11,581,700 | 7,845,700 | 7,449,800 | 7,493,700 | 7,739,900 | 7,719,700 | 7,870,800 | 6,111,100 | 6,163,000 |
| Operating ROA | 5.28% | 6.27% | 6.36% | 6.13% | 6.13% | 5.39% | 4.57% | 3.87% | 2.65% | 2.13% | 1.76% | 1.84% | 2.56% | -1.42% | -1.95% | -1.64% | -1.28% | 2.89% | 4.97% | 4.81% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $760,300K ÷ $14,396,500K
= 5.28%
Performance Food Group Co's operating return on assets (operating ROA) has shown a mixed trend over the past several quarters. The operating ROA has generally been increasing, reaching 5.28% in September 2024, up from 4.57% in December 2022. This suggests that the company has been generating more operating income relative to its total assets, which is a positive sign for investors.
However, it is important to note that there have been fluctuations in the operating ROA during this period. For example, there was a notable decrease in operating ROA from March 2021 to September 2021, with negative figures recorded in some quarters. This implies potential challenges or inefficiencies in the company's operations during that period.
Overall, the positive trend in operating ROA over the past few quarters indicates that Performance Food Group Co has been improving its operational efficiency and profitability. Investors and stakeholders may want to continue monitoring the company's future financial performance to assess its ability to sustain and further improve its operating ROA.
Peer comparison
Sep 30, 2024