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Pilgrims Pride Corp (PPC) stock

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NASDAQ: PPC Nasdaq Packaged Foods & Meats Next results ~February 11, 2027

C Fundamentals grade

Pilgrims Pride Corp is a US-listed company in the packaged foods & meats industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$63

Cash-flow model

Base case. Range ~$44–$87 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 119% above it.

Price used: $28.64, November 2, 2026

Pilgrims Pride Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds188 adding, 198 cuttingOf 51 active managers that changed their stake, 22 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Pilgrims Pride files

10-Q filed October 29: Pilgrims Pride

Pilgrim's Pride reported revenue of $18.3bn for the twelve months to September 2026, down 0.1% on the year before. That compares with growth of 1.4% a quarter earlier, so the top line has lost momentum. Margins have weakened more sharply: free-cash-flow margin dropped to 2.5% from 4.5% a year earlier, while operating margin narrowed to 3.4% from 9.4%. Despite this, the fundamentals grade has improved, moving from D to C. Our model value is little changed at $67.17 a share, far above the current share price of $26.38. Given that gap, the rating stays at Buy, even as profitability trends point the wrong way.

Source: 10-Q filed October 29, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Pilgrims Pride stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $18.4bn, up 1.4% on a year earlier, slower than 3.3% a quarter earlier. That puts it 785 of 931 for growth among all the companies we cover. Free-cash-flow margin fell to 4.0% from 6.1% a year earlier. Operating margin narrowed to 5.0% from 9.5%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 3 of our 3 financial-health checks. Our cash-flow model value is $56.22 a share, against a share price of $28.40. At that price, our model says the market is pricing in cash flow shrinking about 7.1% a year for five years, slower than the 4.5% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 11, 2027 (estimated)

Pilgrims Pride Corp's trailing-twelve-month revenue fell 0.1% year on year, with a free-cash-flow margin of 2.5%. Where it stands out: stock pay as % of revenue of 0.1% ranks 3 of 39 packaged foods & meats companies we cover. Where it lags: gross margin of 7.9% ranks 42 of 43 packaged foods & meats companies we cover.

Our discounted-cash-flow model values the business at ~$63 per share in the base case (~$44–$87 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 43.1% while net income fell 74.0%: a 31pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $28.64 is 119% below our value per share of $63.

Things to watch

  • Revenue shrinking. Revenue fell 0.1% over the last 12 months.
  • Margins narrowing. Operating margin is down 5.9 points on a year ago.
  • Gross margin slipping. Gross margin is down 5.6 points on a year ago.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 4 of the last four quarters.
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 12.6% over 90 days.

Latest results: FY2026 Q3

Filed October 29, 2026
Earnings per share
$0.49 against an average estimate of $0.54: missed by 9.7%
Revenue
$4.65bn, down 2.2% on a year earlier
Share reaction
+8.9% in the first session after the results on October 29, 2026, against -2.1% for the S&P 500
Next report
October 28, 2026; average EPS estimate $0.47

Pilgrims Pride's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.3%
  • 1 week+4.8%
  • 1 month+4.1%
  • This year-26.5%
  • 1 year-24.8%
  • 5 years+19.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$18.3B
Operating margin
3.4%
Net margin
1.7%
EPS (TTM, diluted)
$1.34

Growth

Revenue growth
−0.1%
Change in growth rate
−1.5 pts
Share count change
+0.2%

Cash

Free cash flow (TTM)
$466M
FCF margin
2.5%
Stock pay % of revenue
0.1%

Earnings

Last results
October 29, 2026
Next results (est.)
February 11, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results
  3. Announcement
  4. Agreement
  5. Announcement
  6. Announcement
  7. Announcement
  8. Announcement
  9. Agreement
  10. Announcement
  11. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Pilgrims Pride Corp valuation models and calculator

What the price is pricing in

The share price implies cash flow shrinking about 9.1% a year for five years.That is slower than the 4.4% a year revenue growth Pilgrims Pride has delivered.

  • Priced in-9.1%
  • Last 12 months-0.1%
  • 3 years a year2.6%
  • 5 years a year4.4%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($27.69, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$63
Price used
$27.69close November 3, 2026
Implied change
▲ +127%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Pilgrims Pride Corp's free cash flow after stock-based pay with after-tax interest added back ($1B, FY2026 Q3 TTM), growing 2.4% and 2.1% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$44–~$87 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Pilgrims Pride Corp's free cash flow after stock-based pay ( $1B, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Pilgrims Pride Corp as an operating company, with every model that fits that kind of business. Cost of equity 7%: the 10-year Treasury yield (4.9%) plus a beta of 0.4 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$63 ~$44–$87 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$26 ~$27–$46 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$67 ~$47–$100 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$72 ~$58–$96 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$58 ~$26–$72 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Pilgrims Pride Corp with Packaged Foods & Meats in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −34%
  • Revenue growth 5 points higher ▲ +44%
  • Free-cash-flow margin 1 point lower ▼ −41%
  • Last year's free-cash-flow margin change, if it persists ▼ −44%
  • Discount rate 1 point higher ▼ −19%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $53$76$106$145$197$263
8.5% $38$55$76$104$141$189
10% $29$42$58$80$108$144

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$17.06$16.11$26.31$13.21$27.93$16.39$23.34$20.16$23.43$38.90$39.82$28.64
Market value$4.4bn$4.1bn$6.6bn$3.3bn$7.0bn$4.0bn$5.7bn$4.8bn$5.6bn$9.3bn$9.5bn$6.8bn
+ Net debt (− = net cash)$590m$1.1bn$2.1bn$2.0bn$2.1bn$1.8bn$2.8bn$2.8bn$2.6bn$1.2bn$2.5bn$2.5bn
Enterprise value$5.0bn$5.2bn$8.7bn$5.3bn$9.0bn$5.8bn$8.5bn$7.7bn$8.2bn$10.4bn$11.9bn$9.3bn
Multiples
Price / sales 0.5x0.4x0.6x0.3x0.6x0.3x0.4x0.3x0.3x0.5x0.5x0.4x
Price / earnings 6.8x9.3x9.4x13.3x15.3x42.6x183.8x6.5x17.3x8.5x8.8x21.3x
Price / free cash flow 5.3x9.0x14.2x23.0x21.9x10.9x—26.5x46.3x6.0x8.5x14.7x
EV / EBITDA 4.1x5.1x6.5x6.9x9.2x9.9x14.4x4.9x8.7x5.4x5.8x8.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

47 /100

Moderate moat

How hard Pilgrims Pride'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 9 / 20

    Cash operating profit has been a median 7.6% of total assets over 10 years.

  • Pricing power 7 / 20

    Gross margin has been a median 9.0%, moving by 2.7 percentage points (standard deviation) across 10 years.

  • Durability 4 / 20

    Operating margin has been a median 5.7%; its worst year was 1.4%.

  • Cash conversion 10 / 20

    Free cash flow was positive in 9 of 10 years, at a median 2.5% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 2.1% over five years; stock-based pay has been a median 0.1% 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.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.04 −60% $18.5bn +0%
Next $2.68 +31% $18.9bn +2%

Next year's EPS estimate has moved −12.6% in 90 days, across 7 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −19.6% on 90 days ago. In the last 30 days, 0 analysts raised Pilgrims Pride Corp's forecast and 2 cut it.

Consensus EPS forecast Pilgrims Pride Corp, last 90 days
$2.00 $2.50 $3.00 $3.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.54 Current fiscal year, 60 days ago: $2.49 Current fiscal year, 30 days ago: $2.39 Current fiscal year, 7 days ago: $2.27 Current fiscal year, Now: $2.04 $2.04 Next fiscal year, 90 days ago: $3.06 Next fiscal year, 60 days ago: $2.89 Next fiscal year, 30 days ago: $2.76 Next fiscal year, 7 days ago: $2.66 Next fiscal year, Now: $2.68 $2.68

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.54$3.06
60 days ago $2.49$2.89
30 days ago $2.39$2.76
7 days ago $2.27$2.66
Now $2.04$2.68

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.54 $0.49 −9.7%
Jun 2026 $0.66 $0.64 −3.4%
Mar 2026 $0.65 $0.51 −21.2%
Dec 2025 $0.76 $0.68 −9.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 30, 2026

No numeric guidance in Pilgrims Pride Corp's latest earnings release (filed July 30, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows Pilgrims Pride Corp's revenue by +2.4% next year and +2.1% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+2.7%, weight 56%) and the company's own record (+2.0%, weight 44%) . How the weights are set.

Analyst recommendations

8 analysts, Oct 2026
Buy225%
Hold675%
Sell00%

Monthly trend

  1. Oct 20261168
  2. Sep 20261168
  3. Aug 20261168
  4. Jul 20261179

Counts of recommendations published by analysts covering Pilgrims Pride Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.5%
of tradable shares
Days to cover
4.29
at average volume
Short interest, 1 month
−5%
to October 15, 2026
Held by institutions
21%
of shares
Held by insiders
82.2%
of shares
Employees
63,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −24.8%

$38.10 on October 31, 2025 to $28.64

ThenNowEffect
Revenue (last 12 months) $18.2bn $18.4bn +1.4%
Net margin 6.8% 3.0% −56.5%
P/E multiple 7.3x 12.5x +70.8%
Share count 238m 239m −0.2%

Biggest factor: net margin.

Last 3 years +29.2%

$22.17 on November 3, 2023 to $28.64

ThenNowEffect
Revenue (last 12 months) $17.1bn $18.4bn +8.0%
Net margin 1.0% 3.0% +198.9%
P/E multiple 31.2x 12.5x −59.8%
Share count 238m 239m −0.4%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
PPC+44%−16%+17%+64%+1%−27%
Industry peers (median)+8%−3%−5%−2%−19%−15%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
PPC58%50%50%67%50%27%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
PPC−20%−38%−22%−16%−30%−42%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 62% from December 6, 2017 to September 24, 2020. Getting back needed a 163% gain, reached on May 13, 2024, 1327 days after the low.

Price behaviour

52-week range
$25.20 – $43.76
From 52-week high
−34.6%
vs 50-day average
−1.3%
vs 200-day average
−11.6%
Volatility (1 year)
36%
Beta vs S&P 500
-0.14

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
9 up, 3 down
typical move ±5.3%
After a week
6 up, 5 down
typical move ±6.8%
After a month
5 up, 6 down
typical move ±7.7%
Results releasedNext dayS&P 500 next day5 days21 days
October 29, 2026 +8.9% −2.1% — —
July 30, 2026 −8.6% +2.4% −8.0% +5.8%
April 30, 2026 +2.3% +1.3% −2.4% −7.6%
February 12, 2026 +0.3% −1.5% −3.4% −14.9%
October 30, 2025 −0.1% −0.8% −4.0% +2.1%
July 31, 2025 +0.5% −2.0% +4.6% −2.5%
May 1, 2025 −15.5% +2.2% −13.3% −9.3%
February 13, 2025 +7.1% +1.1% +5.6% −1.5%
October 31, 2024 +5.2% −1.5% +9.8% +7.8%
August 1, 2024 +0.6% −3.3% +7.7% +13.0%
May 2, 2024 +2.5% +2.2% +5.9% −1.5%
February 26, 2024 +11.6% −0.2% +10.3% +18.8%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Pilgrims Pride Corp’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Pilgrims Pride Corp in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Pilgrims Pride Corp
$17B $17.5B $18B $18.5B $19B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $17.4B Revenue (TTM), FY24 Q1: $17.6B Revenue (TTM), FY24 Q2: $17.8B Revenue (TTM), FY24 Q3: $18B Revenue (TTM), FY24 Q4: $17.9B Revenue (TTM), FY25 Q1: $18B Revenue (TTM), FY25 Q2: $18.2B Revenue (TTM), FY25 Q3: $18.4B Revenue (TTM), FY25 Q4: $18.5B Revenue (TTM), FY26 Q1: $18.6B Revenue (TTM), FY26 Q2: $18.4B Revenue (TTM), FY26 Q3: $18.3B $18.3B

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $17.4B
FY24 Q1 $17.6B
FY24 Q2 $17.8B
FY24 Q3 $18B
FY24 Q4 $17.9B
FY25 Q1 $18B
FY25 Q2 $18.2B
FY25 Q3 $18.4B
FY25 Q4 $18.5B
FY26 Q1 $18.6B
FY26 Q2 $18.4B
FY26 Q3 $18.3B
Revenue growth, TTM YoY Pilgrims Pride Corp
-2% 0% 2% 4% 6% 8% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -0.6% Revenue growth, TTM YoY, FY24 Q1: 0.9% Revenue growth, TTM YoY, FY24 Q2: 4.3% Revenue growth, TTM YoY, FY24 Q3: 6.3% Revenue growth, TTM YoY, FY24 Q4: 3.0% Revenue growth, TTM YoY, FY25 Q1: 2.4% Revenue growth, TTM YoY, FY25 Q2: 2.1% Revenue growth, TTM YoY, FY25 Q3: 1.8% Revenue growth, TTM YoY, FY25 Q4: 3.5% Revenue growth, TTM YoY, FY26 Q1: 3.3% Revenue growth, TTM YoY, FY26 Q2: 1.4% Revenue growth, TTM YoY, FY26 Q3: -0.1% -0.1%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -0.6%
FY24 Q1 0.9%
FY24 Q2 4.3%
FY24 Q3 6.3%
FY24 Q4 3.0%
FY25 Q1 2.4%
FY25 Q2 2.1%
FY25 Q3 1.8%
FY25 Q4 3.5%
FY26 Q1 3.3%
FY26 Q2 1.4%
FY26 Q3 -0.1%
Operating margin (TTM) Pilgrims Pride Corp
0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 3.0% Operating margin (TTM), FY24 Q1: 4.2% Operating margin (TTM), FY24 Q2: 6.1% Operating margin (TTM), FY24 Q3: 7.7% Operating margin (TTM), FY24 Q4: 8.4% Operating margin (TTM), FY25 Q1: 9.2% Operating margin (TTM), FY25 Q2: 9.5% Operating margin (TTM), FY25 Q3: 9.4% Operating margin (TTM), FY25 Q4: 8.7% Operating margin (TTM), FY26 Q1: 7.4% Operating margin (TTM), FY26 Q2: 5.0% Operating margin (TTM), FY26 Q3: 3.4% 3.4%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 3.0%
FY24 Q1 4.2%
FY24 Q2 6.1%
FY24 Q3 7.7%
FY24 Q4 8.4%
FY25 Q1 9.2%
FY25 Q2 9.5%
FY25 Q3 9.4%
FY25 Q4 8.7%
FY26 Q1 7.4%
FY26 Q2 5.0%
FY26 Q3 3.4%
FCF margin (TTM) Pilgrims Pride Corp
0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 0.7% FCF margin (TTM), FY24 Q1: 3.3% FCF margin (TTM), FY24 Q2: 6.2% FCF margin (TTM), FY24 Q3: 8.4% FCF margin (TTM), FY24 Q4: 8.6% FCF margin (TTM), FY25 Q1: 7.7% FCF margin (TTM), FY25 Q2: 6.1% FCF margin (TTM), FY25 Q3: 4.5% FCF margin (TTM), FY25 Q4: 6.0% FCF margin (TTM), FY26 Q1: 5.3% FCF margin (TTM), FY26 Q2: 4.0% FCF margin (TTM), FY26 Q3: 2.5% 2.5%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 0.7%
FY24 Q1 3.3%
FY24 Q2 6.2%
FY24 Q3 8.4%
FY24 Q4 8.6%
FY25 Q1 7.7%
FY25 Q2 6.1%
FY25 Q3 4.5%
FY25 Q4 6.0%
FY26 Q1 5.3%
FY26 Q2 4.0%
FY26 Q3 2.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Pilgrims Pride took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $18.5B
  2. Cost of revenue $16.1B · 87.3%
  3. Gross profit $2.4B · 12.7%
  4. Selling, general and admin $713M · 3.9%
  5. Operating income $1.6B · 8.7%
  6. Income tax $419M · 2.3%
  7. Interest and other $112M · 0.6%
  8. Net income $1.1B · 5.9%

Shares of revenue. Source: Pilgrims Pride's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

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

Fiscal year 2009 Sept 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 7.1 6.9 7.5 8.1 8.4 8.6 8.8 9.9 10.8 10.9 11.4 12.1 14.8 17.5 17.4 17.9 18.5 18.3
Gross profit 0.3 0.5 −0.1 0.4 0.8 1.4 1.3 1.1 1.5 0.8 1.1 0.8 1.4 1.8 1.1 2.3 2.4 1.4
EBITDA 0.3 0.4 −0.2 0.4 0.8 1.4 1.2 1.0 1.3 0.8 1.0 0.6 0.6 1.6 0.9 1.9 2.1 1.1
Operating income 0.1 0.2 −0.4 0.3 0.7 1.2 1.1 0.8 1.1 0.5 0.7 0.2 0.2 1.2 0.5 1.5 1.6 0.6
Net income −0.2 0.1 −0.5 0.2 0.5 0.7 0.6 0.4 0.7 0.2 0.5 0.1 0.0 0.7 0.3 1.1 1.1 0.3
Diluted EPS −$0.68 $0.39 −$2.21 $0.70 $2.12 $2.74 $2.50 $1.73 $2.79 $1.00 $1.83 $0.39 $0.13 $3.10 $1.36 $4.57 $4.54 $1.34
Growth (year on year)
Revenue — −2.9% +9.5% +7.8% +3.6% +2.0% +2.0% +12.9% +9.0% +1.6% +4.3% +6.0% +22.2% +18.2% −0.6% +3.0% +3.5% −0.1%
EBITDA — +37.3% −139.5% — +103.5% +67.9% −9.1% −17.1% +31.3% −42.7% +27.0% −40.4% +1.6% +166.8% −40.4% +105.9% +6.7% −48.6%
Operating income — — −301.5% — +163.2% +82.6% −11.8% −25.4% +35.4% −53.8% +39.3% −64.5% −14.0% — −55.6% +188.4% +7.1% −63.6%
Net income — — — — +215.4% +29.5% −9.2% −31.8% +57.7% −64.3% +83.9% −79.2% — — −56.9% — −0.4% −74.0%
Diluted EPS — — — — +202.9% +29.2% −8.8% −30.8% +61.3% −64.2% +83.0% −78.7% — — −56.1% — −0.7% −74.0%
Margins
Gross margin 4.4% 6.7% −1.9% 5.4% 10.1% 16.2% 14.8% 11.2% 13.7% 7.7% 9.4% 6.9% 9.2% 10.4% 6.4% 12.9% 12.7% 7.9%
EBITDA margin 4.3% 6.1% −2.2% 4.9% 9.6% 15.8% 14.1% 10.4% 12.5% 7.0% 8.6% 4.8% 4.0% 9.0% 5.4% 10.8% 11.2% 6.1%
Operating margin 0.9% 2.7% −5.0% 3.1% 7.8% 14.0% 12.1% 8.0% 10.0% 4.5% 6.1% 2.0% 1.4% 6.7% 3.0% 8.4% 8.7% 3.4%
Net margin −2.1% 1.3% −6.6% 2.1% 6.5% 8.3% 7.4% 4.5% 6.5% 2.3% 4.0% 0.8% 0.2% 4.3% 1.9% 6.1% 5.9% 1.7%
Free-cash-flow margin −0.3% 2.8% −3.5% 1.3% 9.1% 10.4% 9.5% 4.6% 4.3% 1.3% 2.8% 3.1% −0.4% 1.0% 0.7% 8.6% 6.0% 2.5%
Cash flow
Cash from operations 0.1 0.0 −0.1 0.2 0.9 1.1 1.0 0.8 0.8 0.5 0.7 0.7 0.3 0.7 0.7 2.0 1.4 1.0
Capital spending 0.1 −0.2 0.1 0.1 0.1 0.2 0.2 0.3 0.3 0.3 0.3 0.4 0.4 0.5 0.6 0.5 0.3 0.5
Free cash flow −0.0 0.2 −0.3 0.1 0.8 0.9 0.8 0.5 0.5 0.1 0.3 0.4 −0.1 0.2 0.1 1.5 1.1 0.5
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 −0.0 0.0 0.0 0.0 0.0 0.0 0.0
Free cash flow after stock pay −0.0 0.2 −0.3 0.1 0.8 0.9 0.8 0.4 0.5 0.1 0.3 0.4 −0.1 0.2 0.1 1.5 1.1 0.4
Balance sheet
Cash — 0.1 0.0 0.1 0.5 0.6 0.4 0.3 0.6 0.3 0.3 0.5 0.4 0.4 0.7 2.0 0.6 0.9
Total debt 0.0 1.3 1.4 1.2 0.9 0.0 1.0 1.4 2.7 2.4 2.3 2.3 3.2 3.2 3.3 3.2 3.1 3.4
Net debt (negative = net cash) — 1.2 1.4 1.1 0.4 −0.6 0.6 1.1 2.1 2.0 2.1 1.8 2.8 2.8 2.6 1.2 2.5 2.5
Diluted shares 228m 225m 225m 250m 259m 259m 259m 254m 249m 249m 250m 246m 244m 240m 237m 238m 238m 239m
Returned to shareholders
Dividends — — 0.0 — 0.0 0.0 1.5 0.7 0.0 0.0 — — — — 0.0 0.0 2.0 —
Buybacks — — — — 0.0 0.0 0.1 — — — — — — — — — — —
Total returned — — 0.0 — 0.0 0.0 1.6 0.7 0.0 0.0 — — — — 0.0 0.0 2.0 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 7 checks passed · September 27, 2026
What it owns · $10.9bn
Short-term assets $4.5bnLonger-term assets $6.5bn
What it owes, and who funded it · $10.9bn
Short-term liabilities $2.9bnLonger-term liabilities $4.2bnShareholders' equity $3.9bn
  • Short-term assets cover short-term liabilities $4.5bn of assets due within a year against $2.9bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $4.5bn short-term assets against $4.2bn of longer-dated liabilities.
  • More cash than debt $936m of cash against $3.4bn of debt.
  • Debt below 40% of shareholders' equity Debt is 88% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 121% to 88% over five years.
  • A year's operating cash flow covers at least 20% of debt $975m of operating cash flow against $3.4bn of debt.
  • Operating profit covers interest at least five times over Operating income of $624m against $159m of interest.

From Pilgrims Pride Corp'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.

Dividends, buybacks and capital spending

Diluted share count
+0.2%
year over year
Sales & admin spending
4.4%
of revenue

Competitors: side by side with peers

Closest by revenue in packaged foods & meats
Last 12 months unless stated PPC GIS SFD KHC HSY HRL Median
Revenue, last 12 months $18.3bn $18.3bn $15.2bn $24.9bn $12.3bn $12.1bn $1.5bn
Revenue growth, last 12 months −0.1% −4.5% −0.6% −1.6% 6.7% 0.7% 2.1%
Revenue growth, 3-year average 2.6% −3.4% −2.4% −2.8% 3.2% −0.1% 1.5%
Revenue growth, latest quarter −2.2% −2.8% −8.3% −1.4% 3.0% −2.4% −1.8%
Gross margin 7.9% 33.6% 12.6% 33.4% 41.9% 15.7% 25.6%
Operating margin 3.4% −1.1% 7.6% −12.8% 20.8% 4.7% 3.1%
Operating margin, 3-year average 6.8% 12.5% 7.2% −8.6% 19.9% 7.3% 4.8%
Net margin 1.7% −4.9% 5.9% −13.6% 14.6% 2.8% 2.1%
Cash from operations / revenue 5.3% 11.3% 8.6% 18.6% 20.9% 9.0% 8.0%
Free-cash-flow margin 2.5% 8.5% 6.1% 15.3% 17.3% 6.4% 3.9%
Free-cash-flow margin, 3-year average 5.1% 11.1% — 13.6% 16.1% 6.4% 5.7%
Stock pay / revenue 0.1% 0.5% 0.1% 0.4% 0.6% 0.2% 0.6%
Change in share count 0.2% −2.8% 1.4% −1.4% −1.9% 0.1% 0.0%

Median of all 44 companies we cover in packaged foods & meats. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

44 packaged foods & meats companies
Measure Company Peer median Rank
Revenue growth Growth -0.1% 2.2% 30 of 44
Change in growth rate Growth -1.5pp -1.0pp 27 of 44
Gross margin Profitability 7.9% 25.6% 42 of 43
Operating margin Profitability 3.4% 3.4% 20 of 42
Net margin Profitability 1.7% 2.3% 24 of 44
Free-cash-flow margin Cash generation 2.5% 4.3% 26 of 43
Stock pay as % of revenue Cash generation 0.1% 0.6% 3 of 39
Long-term debt as % of assets Balance sheet 31.1% 18.5% 24 of 35
Change in share count Balance sheet 0.2% 0.1% 24 of 40

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 28, 2025
Segments
Line of business Revenue Share YoY
US Reportable $11B 59.5% ▲ 3.5%
Europe Reportable $5.4B 29.1% ▲ 4.7%
Mexico Reportable $2.1B 11.5% ▲ 0.4%
Products and services
Line of business Revenue Share YoY
Fresh Product $12.3B 66.3% ▲ 4.9%
Prepared Product $4.7B 25.4% ▲ 0.2%
Product Export $1B 5.6% ▲ 8.8%
Other Product and Service $498M 2.7% ▼ 9.1%
Geography
Region Revenue Share YoY
United States $10.6B 57.0% ▲ 3.8%
Europe $5.3B 28.6% ▲ 4.2%
Mexico $2.2B 11.6% ▼ 0.3%
Asia Pacific $330M 1.8% ▲ 8.6%
Canada Caribbean and Central America $78.5M 0.4% ▼ 11.9%
Africa $54.9M 0.3% ▲ 5.0%
South America $30.8M 0.2% ▲ 52.7%

From Pilgrims Pride Corp's 10-K filed February 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.4B
Institutions reporting
337
Shares held vs prior quarter
▲ 10.1%
Positions opened / closed
69 / 89

Top buyers and sellers, Q2 2026: 188 institutions bought and 198 sold ; the biggest buyer was Carrhae Capital LLP (+1.9M shares) and the biggest seller Vanguard Portfolio Management LLC (−587K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $139M 4.9M 10.0% ▲ 7.3%
Dimensional Fund Advisors LP $135M 4.8M 9.8% ▲ 25.3%
D. E. Shaw & Co., Inc. $132M 4.7M 9.6% ▲ 31.4%
Vanguard Portfolio Management LLC $79.9M 2.8M 5.8% ▼ 17.1%
AQR Capital Management LLC $60.7M 2.2M 4.4% ▼ 19.6%
Vanguard Capital Management LLC $59.7M 2.1M 4.3% ▲ 0.7%
Goldman Sachs Group Inc $53.7M 1.9M 3.9% ▲ 24.3%
Carrhae Capital LLP $52.2M 1.9M 3.8% New
Morgan Stanley $43.2M 1.5M 3.1% ▲ 20.0%
State Street Corp $41.7M 1.5M 3.0% ▼ 13.4%
Van Eck Associates Corp $38.4M 1.4M 2.8% ▲ 724.7%
Assetmark, Inc $31.5M 1.1M 2.3% ▼ 9.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Pilgrims Pride Corp's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $303,030 1 trade by 1 insider · 0% under pre-set plans
Net ▼ $303,030 net selling
Insider Date Trade Shares Price Value
Galvanoni Matthew R Chief Financial Officer February 18, 2026 Sell 6,963 $43.52 $303,030

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

No trades in Pilgrims Pride Corp disclosed in the last 12 months; 1 earlier trade on record.

  • Peter Meijer(R-MI 3):Sale (full), $819.48, traded January 26, 2021, filed December 30, 2022

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 11, 2027 estimated from the company's past filing pattern, not announced

  • October 29, 2026
  • July 30, 2026
  • April 30, 2026
  • February 12, 2026
  • October 30, 2025
  • July 31, 2025

Recent SEC filings

Data status

When each part of this page on Pilgrims Pride Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Pilgrims Pride Corp in brief

What does Pilgrims Pride Corp do?
Pilgrims Pride Corp is a US-listed company in the packaged foods & meats industry. Its financial year ends in December.
What is Pilgrims Pride Corp's stock ticker?
Pilgrims Pride Corp trades under the ticker PPC on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Pilgrims Pride Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Pilgrims Pride Corp reported revenue of $18.3B, 0.1% lower than a year earlier, according to its SEC filings.
What is Pilgrims Pride Corp's free cash flow?
Pilgrims Pride Corp's free-cash-flow margin is 2.5% of revenue over the trailing twelve months, ranking 26 of the 43 packaged foods & meats companies we cover.
What is Pilgrims Pride Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Pilgrims Pride Corp's free cash flow after stock-based pay gives ~$63 per share in the base case, and ~$44–$87 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Pilgrims Pride Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Dimensional Fund Advisors LP and D. E. Shaw & Co., Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Pilgrims Pride Corp's market cap?
On November 2, 2026, Pilgrims Pride Corp's market capitalisation was about $6.8B, with a price-to-earnings ratio of 21.3 and net debt of $2.5B. Market figures come from third-party market data and may be delayed.
How much debt does Pilgrims Pride Corp have?
Pilgrims Pride Corp's debt-to-equity ratio is 87.9%, from its latest balance sheet (121.4% five years earlier). The financial health section below sets out its other solvency checks.
Who are Pilgrims Pride Corp's competitors?
In our Packaged Foods & Meats peer group, the companies closest to Pilgrims Pride Corp are General Mills, Smithfield Foods Inc, Kraft Heinz, The Hershey Company and Hormel Foods. The side-by-side comparison below sets their revenue, margins and growth against Pilgrims Pride Corp's.
Are insiders buying or selling Pilgrims Pride Corp stock?
Over the last 12 months, Pilgrims Pride Corp's directors and officers reported 0 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is Pilgrims Pride Corp's next earnings date?
Around February 11, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Pilgrims Pride Corp announces its own schedule.