Performance Food Group Co (PFGC)
Return on equity (ROE)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 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 | -114,100 | 100,300 |
Total stockholders’ equity | US$ in thousands | 4,257,200 | 4,208,200 | 4,126,900 | 3,953,400 | 3,861,700 | 3,828,300 | 3,745,500 | 3,581,700 | 3,496,500 | 3,400,700 | 3,299,500 | 3,204,500 | 3,160,900 | 3,123,500 | 2,106,100 | 2,057,700 | 2,046,900 | 2,020,700 | 2,010,600 | 1,823,200 |
ROE | 9.10% | 10.06% | 10.56% | 10.61% | 11.12% | 11.03% | 10.60% | 9.02% | 7.61% | 5.98% | 3.41% | 2.12% | 1.17% | 1.48% | 1.93% | -6.90% | -8.53% | -7.47% | -5.67% | 5.50% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $387,300K ÷ $4,257,200K
= 9.10%
Performance Food Group Co's return on equity (ROE) fluctuated over the period from December 31, 2019, to December 31, 2024.
The ROE started at 12.54% on December 31, 2019, but then declined significantly to negative figures by June 30, 2020, indicating the company was generating a net loss relative to its equity during that period. The negative trend continued through December 31, 2020, showing operational challenges or financial difficulties.
From March 31, 2021, onwards, the ROE gradually improved, indicating the company's efforts to enhance profitability and efficiency. The positive momentum continued into the following years, with steady increases in ROE, reaching a peak of 11.12% on December 31, 2023.
However, during the subsequent periods, the ROE started to decline, dropping to 7.03% by December 31, 2024. This reduction could suggest potential challenges in maintaining profitability or utilizing equity effectively.
Overall, the trend in Performance Food Group Co's ROE reflects fluctuations in the company's profitability and operational efficiency over the analyzed period, with both positive and negative performance indicators.
Peer comparison
Dec 31, 2024