Performance Food Group Co (PFGC)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 299,100 | 377,400 | 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 | -114,100 | 100,300 | 172,800 |
| Total assets | US$ in thousands | 17,097,000 | 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 |
| ROA | 1.75% | 2.62% | 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% | -1.48% | 1.27% | 2.83% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $299,100K ÷ $17,097,000K
= 1.75%
Performance Food Group Co's return on assets (ROA) has shown fluctuations over the period from December 31, 2019, to December 31, 2024. The ROA started at 2.83% in December 2019, declined sharply to -2.33% by December 2020, and then gradually improved to reach 3.33% by December 2023. However, there was a slight dip to 3.26% in March 2024.
Overall, the ROA has shown a general upward trend from negative figures in 2020 to positive figures by the end of 2024, indicating an improvement in the company's efficiency in generating profits from its assets over the years. The positive ROA figures suggest that the company is effectively utilizing its assets to generate profits, which is a favorable indicator for investors and stakeholders.
Peer comparison
Dec 31, 2024