Performance Food Group Co (PFGC)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 174,700 |
| Total stockholders’ equity | US$ in thousands | 4,208,200 | 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 | 1,378,500 | 1,333,100 |
| ROE | 8.97% | 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% | 12.54% | 13.10% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $377,400K ÷ $4,208,200K
= 8.97%
Performance Food Group Co's return on equity (ROE) has shown fluctuating trends over the historical periods provided. In the most recent period ending on September 30, 2024, the ROE stood at 8.97%, which indicates that for every dollar of shareholders' equity, the company generated a profit of 8.97 cents.
The ROE has exhibited a gradual increase from the negative range in December 2020 to the positive territory by September 2021. However, there was a significant dip in ROE in March 2021 and June 2021, reaching negative values, before recovering and turning positive again.
The highest ROE of 13.10% was achieved in December 2019, which then declined in subsequent periods until reaching the negative territory by March 2021. The ROE has shown a general upward trend since then, but it has not yet reached the levels observed in 2019.
Overall, Performance Food Group Co's ROE has displayed variability, indicating fluctuating profitability relative to the shareholders' equity invested in the company over the past few years. Further analysis and monitoring of the company's financial performance are recommended to assess the sustainability of this trend.
Peer comparison
Sep 30, 2024