Pilgrims Pride Corp (PPC)
Profitability ratios
Return on sales
| 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 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 6.53% | 5.34% | 6.19% | 8.38% | 10.48% | 11.98% | 11.69% | 10.55% | 9.31% | 9.02% | 9.10% | 7.56% | 6.98% | 6.79% | 6.69% | 8.79% | 9.45% | 8.99% | 8.02% | 7.13% |
| Operating profit margin | 3.05% | 1.56% | 2.33% | 4.68% | 6.80% | 7.58% | 6.56% | 2.91% | 1.44% | 1.42% | 1.30% | 2.62% | 2.04% | 2.44% | 3.30% | 5.45% | 6.10% | 5.76% | 4.85% | 3.97% |
| Pretax margin | 2.13% | 0.46% | 1.40% | 3.86% | 5.93% | 6.93% | 5.80% | 2.00% | 0.63% | 0.43% | 0.18% | 1.57% | 1.34% | 2.20% | 3.11% | 5.29% | 5.45% | 4.38% | 3.53% | 2.59% |
| Net profit margin | 1.88% | 0.19% | 1.00% | 2.73% | 4.31% | 5.43% | 4.45% | 1.35% | 0.21% | -0.04% | -0.25% | 1.05% | 0.79% | 1.56% | 2.25% | 3.75% | 4.03% | 3.27% | 2.55% | 1.96% |
The profitability ratios of Pilgrim's Pride Corp. have shown a declining trend over the past eight quarters. The gross profit margin has decreased from 10.37% in Q4 2022 to 6.44% in Q4 2023, indicating a consistent decline in the company's ability to generate profits from its core operations.
Similarly, the operating profit margin has declined from 6.91% in Q4 2022 to 3.26% in Q4 2023, reflecting decreasing profitability after accounting for operating expenses. This suggests potential inefficiencies in cost management or a decrease in revenue relative to costs.
Furthermore, the pretax margin has also decreased over the quarters, dropping from 5.87% in Q4 2022 to 2.10% in Q4 2023. This indicates that the company's profitability before taxes has been on a downward trajectory, which could be influenced by various factors such as rising costs, declining revenues, or unfavorable market conditions.
Lastly, the net profit margin has shown a similar declining trend, falling from 4.27% in Q4 2022 to 1.85% in Q4 2023. This indicates that Pilgrim's Pride Corp.'s bottom line profitability has been eroding, potentially due to a combination of lower revenue, higher expenses, or other financial challenges.
Overall, the declining trend in all profitability ratios suggests that Pilgrim's Pride Corp. may be facing challenges in maintaining profitability and efficiency in its operations. Further analysis and strategic actions may be necessary to address these issues and improve the company's financial performance.
Return on investment
| 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 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.32% | 2.62% | 3.96% | 8.73% | 12.71% | 14.42% | 11.70% | 4.88% | 2.37% | 2.21% | 2.18% | 4.27% | 3.28% | 3.91% | 5.39% | 8.80% | 9.72% | 9.52% | 8.05% | 6.77% |
| Return on assets (ROA) | 3.28% | 0.32% | 1.70% | 5.10% | 8.06% | 10.33% | 7.94% | 2.27% | 0.35% | -0.06% | -0.43% | 1.71% | 1.27% | 2.50% | 3.68% | 6.06% | 6.42% | 5.40% | 4.23% | 3.34% |
| Return on total capital | 17.01% | 8.27% | 13.21% | 28.50% | 41.45% | 49.23% | 38.56% | 16.68% | 9.23% | 7.70% | 6.42% | 11.57% | 11.22% | 16.21% | 20.90% | 30.42% | 29.68% | 26.47% | 23.03% | 20.02% |
| Return on equity (ROE) | 9.65% | 1.04% | 5.52% | 16.27% | 26.26% | 34.38% | 25.87% | 7.59% | 1.20% | -0.22% | -1.28% | 4.69% | 3.70% | 7.71% | 11.13% | 17.81% | 18.05% | 15.37% | 12.20% | 9.96% |
Pilgrim`s Pride Corp.'s profitability ratios show mixed performance over the past eight quarters. The Operating return on assets (Operating ROA) has fluctuated, ranging from 3.32% to 14.48%, with the most recent quarter at 5.78%. This indicates the company's ability to generate operating income relative to its total assets has varied over time.
Return on assets (ROA) has also shown variability, moving between 0.32% and 10.33%, with the last quarter at 3.28%. This metric reveals the company's overall ability to generate profit from its assets, and the fluctuations suggest changes in efficiency and profitability.
Return on total capital has displayed similar fluctuations, with values ranging from 4.80% to 21.73%, standing at 8.38% in the most recent quarter. This ratio reflects the company's ability to generate returns for both equity and debt holders relative to the total capital invested.
Return on equity (ROE) has shown the most significant variation, fluctuating between 1.04% and 34.38%, with the most recent quarter at 9.65%. This metric signifies the company's ability to generate a profit for its shareholders from the equity invested in the business.
Overall, the analysis of Pilgrim`s Pride Corp.'s profitability ratios suggests that the company has experienced fluctuations in its profitability and efficiency levels over the past eight quarters. Further investigation into the underlying factors driving these fluctuations would be necessary to assess the company's overall financial health and performance.