Performance Food Group Co (PFGC)
Return on assets (ROA)
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 340,200 | 375,200 | 387,300 | 423,200 | 435,900 | 419,500 | 429,400 | 422,200 | 397,200 | 323,100 | 266,200 | 203,500 | 112,500 | 67,900 | 36,900 | 46,100 | 40,700 | -141,900 | -174,500 | -150,900 |
| Total assets | US$ in thousands | 17,881,200 | 17,123,400 | 17,097,000 | 14,396,500 | 13,392,900 | 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 |
| ROA | 1.90% | 2.19% | 2.27% | 2.94% | 3.25% | 3.26% | 3.33% | 3.27% | 3.18% | 2.65% | 2.18% | 1.67% | 0.91% | 0.57% | 0.31% | 0.40% | 0.52% | -1.90% | -2.33% | -1.95% |
June 30, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $340,200K ÷ $17,881,200K
= 1.90%
The analysis of Performance Food Group Co.'s return on assets (ROA) over the specified period reveals a trajectory marked initially by negative values, followed by a consistent upward trend transitioning into positive territory.
From September 30, 2020, through December 31, 2021, the company's ROA remained negative, with values of -1.95% and -2.33%, respectively, indicating that during this period, the company was generating losses relative to its total assets. The negative ROA persisted despite slight improvements, as seen with the reduction to -1.90% by March 31, 2021, and a marginal deterioration to -2.33% at year-end 2020, highlighting ongoing challenges in asset profitability.
Beginning in June 2021, a significant positive shift commenced, with ROA reaching 0.52%, signaling the start of profitability. This positive trend extended through the subsequent quarters and years, with notable increases as the ROA attained 0.40% by September 2021 and improved steadily to 2.18% as of December 2022. The upward movement suggests effective operational and financial management, leading to enhanced asset utilization and profitability.
From March 2023 onward, the ROA continued to ascend, reaching a peak of 3.33% at the end of 2023, indicating robust efficiency in generating profits from assets. This period reflects a phase of consistent growth and operational efficiency gains, likely driven by strategic initiatives, improved margins, or favorable market conditions.
Subsequently, the ROA slightly declined to 3.26% in March 2024 and further to 2.94% in September 2024, before decreasing to 2.27% at the end of December 2024. The decline during this phase may indicate some compression in asset profitability, possibly due to increased asset base without a proportional rise in earnings, or market and operational adjustments.
Looking into 2025, the ROA maintains a downward trend with values of 2.19% by March and 1.90% by June 2025. Although still positive, these recent figures suggest a diminishing return on assets, warranting attention to underlying factors affecting asset efficiency or margins.
Overall, the company's ROA trajectory signifies a transition from initial losses to sustained positive profitability, with periods of growth and slight declines indicating evolving operational conditions. The positive ROA from mid-2021 onward reflects improved operational effectiveness, though recent slight reductions indicate potential areas for efficiency improvements or market adjustments affecting asset returns.
Peer comparison
Jun 30, 2025