Performance Food Group Co (PFGC)
Pretax margin
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 412,100 | 518,700 | 577,900 | 592,900 | 577,400 | 544,000 | 454,100 | 376,300 | 291,500 | 167,100 | 94,800 | 48,700 | 62,200 | 54,700 | -251,400 | -299,800 | -270,400 | -222,200 | 123,100 | 227,300 |
| Revenue (ttm) | US$ in thousands | 59,088,600 | 58,332,900 | 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 |
| Pretax margin | 0.70% | 0.89% | 1.00% | 1.03% | 1.01% | 0.95% | 0.80% | 0.67% | 0.53% | 0.33% | 0.21% | 0.12% | 0.19% | 0.18% | -0.94% | -1.13% | -1.05% | -0.89% | 0.49% | 1.00% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $412,100K ÷ $59,088,600K
= 0.70%
Performance Food Group Co's pretax margin has displayed a fluctuating trend over the period from December 2019 to December 2024. The pretax margin started at a low of 1.00% in December 2019, decreasing to negative figures by June 2020 (-0.89%) and continuing on a downward trajectory until December 2020 (-1.13%).
However, the company began to show signs of improvement in its pretax margin from March 2021 onwards, moving back into positive territory. The pretax margin continued to increase gradually, reaching 1.03% by December 2023, before slightly decreasing to 1.00% by March 2024.
Despite some fluctuations, Performance Food Group Co managed to maintain a generally positive pretax margin in the latter part of the period, with the ratio standing at 0.70% as of December 2024. This indicates that the company's ability to generate profits before accounting for taxes has been relatively stable, with a modest upward trend in recent quarters.
Peer comparison
Dec 31, 2024