Performance Food Group Co key statistics and ratios

In fiscal 2026, Performance Food Group Co had return on equity of 7.7%, an operating margin of 1.3%, debt equal to 102.7% of equity and a current ratio of 1.51. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Performance Food Group Co: financial ratios, annual
Fiscal year	2014Jun 2014	2015Jun 2015	2016Jul 2016	2017Jul 2017	2018Jun 2018	2019Jun 2019	2020Jun 2020	2021Jul 2021	2022Jul 2022	2023Jul 2023	2024Jun 2024	2025Jun 2025	2026Jun 2026
Gross margin	12.4%	12.1%	12.5%	12.7%	13.0%	12.7%	11.4%	11.6%	10.3%	10.9%	11.3%	11.7%	11.9%
Operating margin	0.8%	1.0%	1.3%	1.3%	1.4%	1.4%	−0.4%	0.7%	0.6%	1.3%	1.4%	1.3%	1.3%
Net margin	0.1%	0.4%	0.4%	0.6%	1.1%	0.8%	−0.5%	0.1%	0.2%	0.7%	0.7%	0.5%	0.5%
Free-cash-flow margin	0.2%	0.2%	0.7%	0.4%	1.3%	0.9%	1.9%	−0.4%	0.1%	1.0%	1.3%	1.1%	1.5%
Return on equity	3.6%	12.2%	10.5%	11.1%	19.3%	13.7%	−6.9%	2.0%	4.2%	11.3%	11.1%	7.9%	7.7%
Return on assets	—	1.7%	2.0%	2.7%	5.1%	3.9%	−1.8%	0.5%	1.1%	3.2%	3.4%	2.2%	2.0%
Asset turnover	—	4.55	4.73	4.62	4.51	4.56	4.05	3.91	5.03	4.60	4.50	4.05	3.69
Current ratio	—	1.47	1.47	1.51	1.50	1.57	1.32	1.42	1.66	1.71	1.64	1.58	1.51
Debt to equity	0.0%	288.6%	142.7%	140.2%	104.3%	104.0%	119.1%	107.8%	119.5%	93.2%	78.0%	121.1%	102.7%
Interest cover (operating income ÷ interest)	1.3x	1.9x	2.4x	3.8x	4.2x	4.3x	n/m	1.3x	1.8x	3.5x	3.6x	2.3x	2.1x
Effective tax rate	48.7%	41.5%	40.3%	38.9%	−2.6%	23.6%	—	25.6%	32.7%	27.0%	27.0%	25.9%	26.0%
Capital spending as % of revenue	0.7%	0.6%	0.7%	0.8%	0.8%	0.7%	0.6%	0.6%	0.4%	0.5%	0.7%	0.8%	0.6%
Free cash flow ÷ net income	187.7%	51.0%	159.3%	63.9%	114.2%	106.9%	—	−305.2%	54.2%	141.6%	176.0%	207.0%	286.6%
Dividends and buybacks ÷ free cash flow	—	—	—	—	—	5.2%	1.1%	—	0.0%	2.0%	10.2%	8.2%	0.1%

US$ thousands unless shown otherwise. Fiscal quarters.

Performance Food Group Co: financial ratios, quarterly
Quarter	2025 Q1Sept 2024	2025 Q2Dec 2024	2025 Q3Mar 2025	2025 Q4Jun 2025	2026 Q1Sept 2025	2026 Q2Dec 2025	2026 Q3Mar 2026	2026 Q4Jun 2026
Gross margin	11.4%	11.7%	11.9%	11.8%	11.8%	12.0%	11.9%	12.0%
Operating margin	1.4%	1.0%	1.1%	1.6%	1.3%	1.2%	0.9%	1.8%
Net margin	0.7%	0.3%	0.4%	0.8%	0.5%	0.4%	0.3%	0.9%
Free-cash-flow margin	−0.3%	1.4%	2.1%	1.2%	−1.3%	3.0%	3.3%	1.2%
Current ratio	1.70	1.67	1.61	1.58	1.67	1.60	1.52	1.51
Debt to equity	93.3%	133.7%	125.0%	120.5%	123.2%	113.5%	108.4%	102.2%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

3 of 6 checks passed · June 27, 2026

What it owns · $18.8bn

Short-term assets $7.8bnLonger-term assets $11.0bn

What it owes, and who funded it · $18.8bn

Short-term liabilities $5.2bnLonger-term liabilities $8.8bnShareholders' equity $4.9bn

Short-term assets cover short-term liabilities $7.8bn of assets due within a year against $5.2bn of liabilities due within a year.
Short-term assets cover long-term liabilities $7.8bn short-term assets against $8.8bn of longer-dated liabilities.
More cash than debt Cash or debt not separately reported. Not assessable.
Debt below 40% of shareholders' equity Debt is 102% of equity.
Debt burden no higher than five years ago Debt to equity moved from 122% to 102% over five years.
A year's operating cash flow covers at least 20% of debt $1.4bn of operating cash flow against $5.0bn of debt.
Operating profit covers interest at least five times over Operating income of $888m against $414m of interest.

From Performance Food Group Co's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

29 /100

Weak moat

How hard Performance Food Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

Returns on capital 0 / 20

Net income has been a median 2.2% of total assets over 10 years.
Pricing power 8 / 20

Gross margin has been a median 11.7%, moving by 0.8 percentage points (standard deviation) across 10 years.
Durability 0 / 20

Operating margin has been a median 1.3%; its worst year was -0.4%.
Cash conversion 10 / 20

Free cash flow was positive in 9 of 10 years, at a median 1.0% of revenue.
Discipline 11 / 20

The diluted share count rose 17.7% over five years; stock-based pay has been a median 0.0% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: PFGC vs SYY PFGC vs USFD PFGC vs UNFI

More: Food Distributors stocks compared, Consumer Staples sector, rankings of US companies

Figures from Performance Food Group Co's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Performance Food Group Co.