Performance Food Group Co (PFGC)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 4,472,400 | 4,337,500 | 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 |
| ROE | 7.61% | 8.65% | 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% |
June 30, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $340,200K ÷ $4,472,400K
= 7.61%
The return on equity (ROE) of Performance Food Group Co has demonstrated a notable transformation over the period analyzed. During the fiscal quarters ending September 30, 2020, and December 31, 2020, the company experienced negative ROE values of -7.47% and -8.53%, respectively, indicating that at that time, the company was not generating sufficient earnings relative to shareholder equity, likely reflecting operational challenges or losses.
From the quarter ending March 31, 2021, the ROE began to improve, moving into positive territory at 1.93%. This upward trend persisted in subsequent quarters, with the ROE increasing steadily and reaching 1.48% as of September 30, 2021, and further to 1.17% at December 31, 2021. The positive trajectory continued into early 2022, with the ROE rising to 2.12% in March 2022 and then accelerating further to 3.41% by June 30, 2022.
Throughout 2022 and into 2023, the company's ROE exhibited a consistent upward trend, reflecting improving profitability and efficient utilization of equity. The quarterly values ascended from 5.98% at September 2022 to 7.61% at December 2022, reaching 9.02% in March 2023. The trend continued into mid-2023, with ROE advancing to 10.60% at June 30, 2023, and then marginally increasing to 11.03% at September 30, 2023, and 11.12% at December 31, 2023.
Subsequent quarters show a slight decline, with ROE decreasing to 10.61% by March 31, 2024, and further to 10.56% at June 30, 2024. The decline continued into the latter part of 2024, with the ROE dropping to 10.06% in September 2024 and further to 9.10% at December 2024. The downward trend persisted into 2025, with ROE reaching 8.65% at March 2025 and decreasing to 7.61% by June 2025.
Overall, the company transitioned from negative ROE to steady positive growth over the observed period, reaching a peak of approximately 11.12% at the end of 2023. The later quarters suggest a moderation or slight contraction in profitability or efficiency, as indicated by the gradual decline in ROE in 2024 and early 2025. This pattern reflects a period of recovery and growth following a challenging start, with recent data indicating potential stabilization at a higher profitability level before a modest decline.
Peer comparison
Jun 30, 2025