Performance Food Group Co (PFGC)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 596,800 | 544,000 | 167,100 | 54,700 | -222,200 |
| Revenue | US$ in thousands | 58,281,200 | 57,254,700 | 50,894,100 | 30,398,900 | 25,086,300 |
| Pretax margin | 1.02% | 0.95% | 0.33% | 0.18% | -0.89% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $596,800K ÷ $58,281,200K
= 1.02%
Performance Food Group Co's pretax margin has shown a positive trend over the past five years, starting at -0.89% in June 30, 2020, and gradually increasing to 1.02% by June 30, 2024. This indicates an improvement in the company's efficiency in generating profits before accounting for income taxes and other expenses. The consistent growth in pretax margin reflects the company's ability to control costs and increase profitability over the years. It is a positive sign for investors and stakeholders as it shows the company's increasing profitability and potential for future growth.
Peer comparison
Jun 30, 2024
Company name
Symbol
Pretax margin
Performance Food Group Co
PFGC
1.02%
SpartanNash Co
SPTN
0.12%
The Chefs Warehouse Inc
CHEF
2.10%
United Natural Foods Inc
UNFI
-0.45%