Performance Food Group Co (PFGC)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 229,300 |
| Revenue (ttm) | US$ in thousands | 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 | 21,379,700 |
| Pretax margin | 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% | 1.07% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $518,700K ÷ $58,332,900K
= 0.89%
Performance Food Group Co's pretax margin has shown fluctuations over the past few quarters. The trend indicates an increase in pretax margin from negative territory in the first half of fiscal year 2021 to positive values in fiscal year 2022. However, pretax margin declined in the most recent quarter, from 1.03% in December 2023 to 0.89% in September 2024.
The pretax margin reached its peak of 1.03% in December 2023 but has since trended downward. The company's ability to control costs and generate income before taxes has shown inconsistency, with fluctuations seen in the data provided. Although the pretax margin is positive in recent quarters, the declining trend warrants further analysis to understand the factors impacting the company's profitability before taxes.
Peer comparison
Sep 30, 2024