Pilgrim's Pride (PPC) Financials

$52.58 -0.23 (-0.44%)

As of 04:00 PM Eastern

Annual Income Statements for Pilgrim's Pride

This table shows Pilgrim's Pride's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	646	441	695	248	456	95	31	746	322	1,086
Consolidated Net Income / (Loss)	663	480	718	247	457	95	31	747	322	1,087
Net Income / (Loss) Continuing Operations	663	480	718	247	457	95	31	747	322	1,087
Total Pre-Tax Income	1,001	724	982	332	618	162	92	1,025	365	1,412
Total Operating Income	1,061	792	1,072	496	691	245	211	1,177	522	1,506
Total Gross Profit	1,299	1,104	1,472	843	1,070	838	1,366	1,812	1,118	2,313
Total Revenue	8,753	9,879	10,768	10,938	11,409	12,092	14,777	17,468	17,362	17,878
Operating Revenue	8,753	9,879	10,768	10,938	11,409	12,092	14,777	17,468	17,362	17,878
Total Cost of Revenue	7,454	8,775	9,296	10,094	10,339	11,254	13,412	15,657	16,244	15,566
Operating Cost of Revenue	7,454	8,775	9,296	10,094	10,339	11,254	13,412	15,657	16,244	15,566
Total Operating Expenses	238	312	399	348	380	593	1,155	635	596	807
Selling, General & Admin Expense	232	311	390	343	380	593	1,149	605	552	713
Restructuring Charge	5.75	1.07	9.78	4.77	-0.08	0.12	5.80	30	44	93
Total Other Income / (Expense), net	-60	-68	-90	-163	-73	-84	-119	-151	-157	-94
Interest Expense	47	76	107	163	133	126	146	153	202	161
Interest & Investment Income	3.83	2.30	7.73	14	14	7.31	6.06	9.03	36	73
Other Income / (Expense), net	-17	5.29	9.20	-14	45	35	21	-7.48	9.56	-5.29
Income Tax Expense	338	244	264	85	161	67	61	279	43	325
Net Income / (Loss) Attributable to Noncontrolling Interest	0.05	-0.80	0.10	-1.14	0.61	0.31	0.27	0.61	0.74	0.79
Basic Earnings per Share	$2.50	$1.74	$2.79	$1.00	$1.83	$0.39	$0.13	$3.11	$1.36	$4.58
Weighted Average Basic Shares Outstanding	258.44M	253.67M	248.74M	248.95M	249.40M	245.94M	243.65M	239.77M	236.73M	237.01M
Diluted Earnings per Share	$2.50	$1.73	$2.79	$1.00	$1.83	$0.39	$0.13	$3.10	$1.36	$4.57
Weighted Average Diluted Shares Outstanding	258.68M	254.13M	248.97M	249.15M	249.71M	246.12M	244.13M	240.39M	237.30M	237.80M
Weighted Average Basic & Diluted Shares Outstanding	258.40M	253.20M	249M	247.90M	249.57M	243.51M	243.90M	236.47M	236.79M	237.12M

This table shows Pilgrim's Pride's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	258	-155	5.19	60	121	135	174	326	350	236
Consolidated Net Income / (Loss)	259	-155	5.63	61	122	134	175	327	350	236
Net Income / (Loss) Continuing Operations	259	-155	5.63	61	122	134	175	327	350	236
Total Pre-Tax Income	325	-130	-3.21	46	166	157	227	427	482	276
Total Operating Income	339	-78	31	100	206	184	250	441	508	307
Total Gross Profit	497	96	173	278	346	321	384	692	684	553
Total Revenue	4,469	4,127	4,166	4,308	4,360	4,528	4,362	4,559	4,585	4,372
Operating Revenue	4,469	4,127	4,166	4,308	4,360	4,528	4,362	4,559	4,585	4,372
Total Cost of Revenue	3,972	4,032	3,993	4,030	4,014	4,207	3,978	3,868	3,901	3,819
Operating Cost of Revenue	3,972	4,032	3,993	4,030	4,014	4,207	3,978	3,868	3,901	3,819
Total Operating Expenses	158	173	142	178	140	137	134	251	176	247
Selling, General & Admin Expense	158	143	134	148	139	131	119	214	145	235
Restructuring Charge	0.00	30	8.03	30	0.94	5.66	15	37	31	11
Total Other Income / (Expense), net	-14	-52	-35	-55	-40	-28	-23	-14	-27	-30
Interest Expense	37	41	43	47	46	67	41	31	42	47
Interest & Investment Income	2.67	4.07	3.60	7.63	12	12	10	16	22	24
Other Income / (Expense), net	20	-15	4.51	-15	-6.72	27	7.62	1.72	-7.26	-7.38
Income Tax Expense	66	25	-8.84	-15	45	22	52	101	132	41
Net Income / (Loss) Attributable to Noncontrolling Interest	0.65	-0.07	0.44	0.45	0.29	-0.44	0.52	0.22	0.13	-0.08
Basic Earnings per Share	$1.08	($0.63)	$0.02	$0.26	$0.51	$0.57	$0.74	$1.38	$1.48	$0.98
Weighted Average Basic Shares Outstanding	238.56M	239.77M	236.59M	236.73M	236.79M	236.73M	236.84M	236.94M	237.12M	237.01M
Diluted Earnings per Share	$1.08	($0.63)	$0.02	$0.25	$0.51	$0.58	$0.73	$1.37	$1.47	$1.00
Weighted Average Diluted Shares Outstanding	239.21M	240.39M	237.16M	237.21M	237.35M	237.30M	237.49M	237.73M	237.89M	237.80M
Weighted Average Basic & Diluted Shares Outstanding	236.47M	236.47M	236.73M	236.79M	236.79M	236.79M	236.94M	237.12M	237.12M	237.12M

This table details how cash moves in and out of Pilgrim's Pride's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-118	-399	292	-228	-81	268	-98	-15	296	1,312
Net Cash From Operating Activities	1,020	795	801	492	667	724	326	670	678	1,990
Net Cash From Continuing Operating Activities	1,020	795	801	492	667	724	326	670	678	1,990
Net Income / (Loss) Continuing Operations	663	480	718	247	457	95	31	747	322	1,087
Consolidated Net Income / (Loss)	663	480	718	247	457	95	31	747	322	1,087
Depreciation Expense	174	232	272	274	287	337	381	403	420	434
Amortization Expense	0.00	0.00	5.79	4.90	4.15	4.18	4.93	4.75	7.37	5.03
Non-Cash Adjustments To Reconcile Net Income	-2.58	-1.57	1.07	37	-62	-8.91	36	-6.65	28	37
Changes in Operating Assets and Liabilities, net	186	85	-196	-71	-20	297	-127	-478	-100	428
Net Cash From Investing Activities	-549	-328	-992	-339	-717	-327	-1,324	-445	-503	-461
Net Cash From Continuing Investing Activities	-549	-328	-992	-339	-717	-327	-1,324	-445	-503	-461
Purchase of Property, Plant & Equipment	-190	-341	-340	-349	-348	-355	-382	-487	-544	-476
Acquisitions	-374	0.00	-659	0.00	-385	-4.22	-967	-9.69	0.00	0.00
Sale of Property, Plant & Equipment	15	13	4.48	9.78	16	32	25	36	20	15
Other Investing Activities, net	0.00	0.00	1.85	-	-	0.00	0.00	16	21	0.00
Net Cash From Financing Activities	-585	-828	466	-384	-35	-137	901	-232	117	-151
Net Cash From Continuing Financing Activities	-585	-828	466	-384	-35	-137	901	-232	117	-151
Repayment of Debt	-703	-636	-1,396	-1,139	-291	-431	-2,050	-393	-1,650	-152
Repurchase of Common Equity	-99	-118	-	-0.24	-2.90	-110	0.00	-200	0.00	0.00
Issuance of Debt	1,709	630	1,872	748	259	405	2,952	363	1,768	0.00
Other Financing Activities, net	6.47	3.69	5.04	5.56	-0.53	0.00	-0.65	-1.96	-1.59	1.43
Effect of Exchange Rate Changes	-4.26	-39	16	3.53	4.07	7.29	-	-7.96	5.21	-66
Cash Interest Paid	43	70	81	155	131	131	119	156	131	182
Cash Income Taxes Paid	361	161	123	254	126	52	21	386	20	198

This table details how cash moves in and out of Pilgrim's Pride's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-39	-249	-250	592	162	-208	164	439	550	159
Net Cash From Operating Activities	369	-121	-162	251	310	278	271	719	651	349
Net Cash From Continuing Operating Activities	369	-121	-162	251	310	278	271	719	651	349
Net Income / (Loss) Continuing Operations	259	-155	5.63	61	122	134	175	327	350	236
Consolidated Net Income / (Loss)	259	-155	5.63	61	122	134	175	327	350	236
Depreciation Expense	99	102	98	105	104	112	103	108	110	112
Amortization Expense	1.48	0.44	1.33	3.40	1.33	1.31	1.31	1.26	1.23	1.24
Non-Cash Adjustments To Reconcile Net Income	-6.28	-8.30	-7.84	7.14	3.44	26	7.23	5.83	15	8.89
Changes in Operating Assets and Liabilities, net	16	-60	-259	75	80	4.53	-16	277	175	-8.42
Net Cash From Investing Activities	-132	-115	-117	-133	-144	-109	-106	-102	-99	-154
Net Cash From Continuing Investing Activities	-132	-115	-117	-133	-144	-109	-106	-102	-99	-154
Purchase of Property, Plant & Equipment	-146	-145	-132	-155	-146	-111	-108	-105	-104	-159
Sale of Property, Plant & Equipment	12	21	13	2.38	2.18	2.60	2.22	2.33	5.17	5.63
Net Cash From Financing Activities	-268	-20	27	474	-0.16	-384	1.26	-151	-0.78	-0.45
Net Cash From Continuing Financing Activities	-268	-20	27	474	-0.16	-384	1.26	-151	-0.78	-0.45
Repayment of Debt	-200	-20	-6.53	-569	-200	-874	-0.17	-151	-0.78	-0.45
Effect of Exchange Rate Changes	-7.87	5.97	2.10	1.32	-4.46	6.25	-2.41	-26	-1.55	-37

This table presents Pilgrim's Pride's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	3,318	5,022	6,249	5,931	7,102	7,474	8,913	9,256	9,810	10,651
Total Current Assets	1,746	1,810	2,516	2,235	2,598	2,903	3,306	3,892	4,204	5,120
Cash & Equivalents	440	293	582	338	261	548	428	401	698	2,041
Restricted Cash	0.00	4.98	8.02	23	20	0.78	22	34	33	2.32
Short-Term Investments	-	-	-	-	-	-	-	-	0.00	10
Accounts Receivable	352	450	568	563	0.94	1.08	1.35	1,100	1,131	1,007
Inventories, net	801	976	1,255	1,160	1,384	1,359	1,576	1,990	1,985	1,783
Prepaid Expenses	76	82	103	112	132	183	238	211	196	201
Current Deferred & Refundable Income Taxes	71	-	0.00	38	60	69	28	156	161	72
Other Current Assets	-	-	-	-	741	742	1,013	-	0.00	3.06
Plant, Property, & Equipment, net	1,353	1,834	2,095	2,162	2,592	2,657	2,918	2,941	3,158	3,138
Total Noncurrent Assets	220	1,378	1,637	1,535	1,912	1,914	2,689	2,423	2,447	2,393
Goodwill	157	887	1,002	950	974	1,005	1,337	1,228	1,286	1,239
Intangible Assets	47	472	617	564	596	590	963	846	854	806
Noncurrent Deferred & Refundable Income Taxes	-	-	0.00	4.25	4.43	5.47	5.31	1.97	4.89	29
Other Noncurrent Operating Assets	16	19	18	17	338	314	384	347	302	318
Total Liabilities & Shareholders' Equity	3,318	5,022	6,249	5,931	7,102	7,474	8,913	9,256	9,810	10,651
Total Liabilities	2,057	2,936	4,393	3,912	4,566	4,899	6,324	6,402	6,466	6,397
Total Current Liabilities	847	1,185	1,453	1,296	1,648	1,938	2,391	2,570	2,496	2,552
Short-Term Debt	29	16	48	30	26	25	26	26	0.67	0.86
Accounts Payable	490	795	736	835	998	1,038	1,400	1,600	1,452	1,427
Accrued Expenses	315	347	410	389	575	808	860	851	927	1,016
Current Deferred & Payable Income Tax Liabilities	13	28	222	8.22	7.08	0.00	82	58	32	60
Other Current Liabilities	-	-	37	33	-	-	-	34	85	49
Total Noncurrent Liabilities	1,210	1,751	2,940	2,615	2,918	2,962	3,933	3,832	3,970	3,845
Long-Term Debt	986	-	-	-	2,276	2,256	3,191	3,166	3,341	3,206
Noncurrent Deferred & Payable Income Tax Liabilities	132	252	208	245	310	340	369	364	386	423
Other Noncurrent Operating Liabilities	92	1,499	2,732	2,370	332	366	373	302	244	216
Total Equity & Noncontrolling Interests	1,262	2,086	1,856	2,020	2,536	2,575	2,589	2,853	3,345	4,253
Total Preferred & Common Equity	1,259	2,078	1,846	2,010	2,526	2,564	2,577	2,841	3,331	4,239
Total Common Equity	1,259	2,078	1,846	2,010	2,526	2,564	2,577	2,841	3,331	4,239
Common Stock	1,678	3,408	1,935	1,948	1,958	1,957	1,967	1,972	1,981	1,997
Retained Earnings	-261	-783	174	422	878	973	1,004	1,749	2,071	3,158
Treasury Stock	-99	-217	-232	-232	-235	-345	-345	-545	-545	-545
Accumulated Other Comprehensive Income / (Loss)	-59	-330	-31	-128	-75	-21	-48	-336	-176	-370
Noncontrolling Interest	2.95	8.27	9.51	9.79	10	12	12	12	13	14

This table presents Pilgrim's Pride's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	9,079	9,228	9,923	9,928	9,768	10,078	10,701
Total Current Assets	4,033	3,823	4,365	4,429	4,172	4,512	5,055
Cash & Equivalents	654	151	731	899	871	1,317	1,878
Restricted Cash	30	34	46	40	24	17	6.43
Short-Term Investments	-	-	-	-	-	-	10
Accounts Receivable	1,125	2.13	1,165	1,153	1,052	1,048	1,070
Inventories, net	1,935	2,022	2,048	1,997	1,862	1,806	1,781
Prepaid Expenses	227	232	241	220	222	231	241
Current Deferred & Refundable Income Taxes	62	144	134	120	141	93	63
Other Current Assets	-	1,237	-	0.00	0.00	0.00	5.64
Plant, Property, & Equipment, net	2,812	2,997	3,086	3,103	3,152	3,123	3,113
Total Noncurrent Assets	2,234	2,408	2,472	2,395	2,445	2,443	2,532
Goodwill	1,124	1,244	1,283	1,243	1,275	1,258	1,313
Intangible Assets	780	849	868	832	838	829	862
Noncurrent Deferred & Refundable Income Taxes	4.64	7.96	18	26	7.15	32	30
Other Noncurrent Operating Assets	325	307	303	294	325	324	327
Total Liabilities & Shareholders' Equity	9,079	9,228	9,923	9,928	9,768	10,078	10,701
Total Liabilities	6,339	6,321	6,850	6,837	6,274	6,333	6,482
Total Current Liabilities	2,608	2,494	2,542	2,531	2,280	2,484	2,587
Short-Term Debt	26	26	0.99	0.94	0.65	0.59	0.55
Accounts Payable	1,557	1,538	1,530	1,488	1,309	1,361	1,411
Accrued Expenses	857	863	934	933	876	999	1,001
Current Deferred & Payable Income Tax Liabilities	132	19	15	34	48	56	90
Other Current Liabilities	-	-	61	-	-	-	85
Total Noncurrent Liabilities	3,731	3,827	4,308	4,305	3,994	3,849	3,894
Long-Term Debt	3,184	3,197	3,700	3,701	3,343	3,183	3,184
Noncurrent Deferred & Payable Income Tax Liabilities	278	347	337	347	401	419	472
Other Noncurrent Operating Liabilities	269	283	271	257	251	246	238
Total Equity & Noncontrolling Interests	2,740	2,907	3,073	3,091	3,494	3,745	4,219
Total Preferred & Common Equity	2,728	2,894	3,059	3,078	3,481	3,732	4,205
Total Common Equity	2,728	2,894	3,059	3,078	3,481	3,732	4,205
Common Stock	1,973	1,974	1,976	1,978	1,986	1,989	1,991
Retained Earnings	1,904	1,755	1,815	1,936	2,245	2,572	2,922
Treasury Stock	-545	-545	-545	-545	-545	-545	-545
Accumulated Other Comprehensive Income / (Loss)	-605	-290	-187	-292	-206	-284	-164
Noncontrolling Interest	13	13	13	14	14	14	14

This table displays calculated financial ratios and metrics derived from Pilgrim's Pride's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.97%	12.86%	9.00%	1.58%	4.31%	5.98%	22.21%	18.21%	-0.61%	2.97%
EBITDA Growth	-8.96%	-15.50%	32.07%	-44.07%	35.13%	-39.46%	-0.65%	155.23%	-39.18%	102.21%
EBIT Growth	-11.50%	-23.63%	35.64%	-55.50%	52.92%	-61.86%	-17.29%	403.66%	-54.51%	182.18%
NOPAT Growth	-9.51%	-25.24%	49.30%	-53.04%	38.64%	-71.75%	-50.44%	1,098.56%	-46.19%	151.54%
Net Income Growth	-6.81%	-27.58%	49.58%	-65.63%	84.98%	-79.18%	-67.11%	2,287.55%	-56.83%	237.31%
EPS Growth	-8.76%	-30.80%	61.27%	-64.16%	83.00%	-78.69%	-66.67%	2,284.62%	-56.13%	236.03%
Operating Cash Flow Growth	-4.34%	-22.05%	0.75%	-38.65%	35.57%	8.66%	-54.92%	105.19%	1.20%	193.58%
Free Cash Flow Firm Growth	-47.54%	12.09%	128.38%	-100.55%	-33,691.47%	116.71%	-347.82%	161.58%	-80.50%	1,355.65%
Invested Capital Growth	12.72%	-1.69%	-27.01%	28.57%	169.95%	-5.48%	24.33%	4.76%	6.12%	-9.20%
Revenue Q/Q Growth	5.08%	9.52%	-5.69%	-0.78%	3.70%	0.45%	6.65%	0.51%	2.36%	-0.87%
EBITDA Q/Q Growth	-12.25%	6.75%	-1.20%	-17.11%	16.68%	-13.00%	10.03%	-9.87%	48.86%	4.72%
EBIT Q/Q Growth	-15.00%	8.85%	-2.87%	-23.99%	22.87%	-27.14%	19.57%	-12.53%	133.04%	6.24%
NOPAT Q/Q Growth	-13.45%	7.35%	4.34%	-27.35%	8.93%	-30.33%	549.49%	-16.52%	321.80%	9.87%
Net Income Q/Q Growth	-11.59%	5.97%	3.88%	-36.55%	28.21%	-49.15%	742.05%	-20.42%	874.83%	10.30%
EPS Q/Q Growth	-13.49%	1.76%	10.28%	-36.31%	27.97%	-48.68%	750.00%	-20.10%	806.67%	10.12%
Operating Cash Flow Q/Q Growth	-8.94%	11.08%	-7.03%	-19.15%	10.74%	13.28%	-39.92%	-15.16%	143.10%	3.70%
Free Cash Flow Firm Q/Q Growth	-21.14%	-63.18%	494.19%	-103.55%	-675.31%	116.82%	2.37%	-41.40%	124.49%	21.86%
Invested Capital Q/Q Growth	-0.86%	118.11%	-3.63%	0.91%	163.20%	0.60%	1.70%	6.55%	1.71%	-1.85%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	14.84%	11.18%	13.67%	7.71%	9.38%	6.93%	9.24%	10.37%	6.44%	12.94%
EBITDA Margin	13.91%	10.42%	12.62%	6.95%	9.00%	5.14%	4.18%	9.03%	5.52%	10.85%
Operating Margin	12.12%	8.02%	9.96%	4.53%	6.05%	2.03%	1.43%	6.74%	3.01%	8.42%
EBIT Margin	11.93%	8.07%	10.04%	4.40%	6.45%	2.32%	1.57%	6.69%	3.06%	8.39%
Profit (Net Income) Margin	7.57%	4.86%	6.67%	2.26%	4.00%	0.79%	0.21%	4.27%	1.86%	6.08%
Tax Burden Percent	66.21%	66.31%	73.13%	74.29%	73.93%	58.75%	33.84%	72.80%	88.25%	76.98%
Interest Burden Percent	95.91%	90.80%	90.80%	69.04%	83.92%	57.66%	39.80%	87.71%	68.67%	94.10%
Effective Tax Rate	33.79%	33.69%	26.87%	25.71%	26.07%	41.25%	66.16%	27.20%	11.75%	23.02%
Return on Invested Capital (ROIC)	40.69%	28.95%	50.39%	24.54%	16.35%	3.25%	1.48%	15.62%	7.97%	20.41%
ROIC Less NNEP Spread (ROIC-NNEP)	1,566.06%	-3.16%	66.31%	52.33%	9.96%	0.64%	-0.31%	11.64%	2.81%	16.57%
Return on Net Nonoperating Assets (RNNOA)	-2.35%	-0.27%	-13.95%	-11.80%	3.70%	0.47%	-0.27%	11.82%	2.43%	8.21%
Return on Equity (ROE)	38.34%	28.68%	36.44%	12.74%	20.04%	3.72%	1.21%	27.44%	10.40%	28.62%
Cash Return on Invested Capital (CROIC)	28.73%	30.65%	81.62%	-0.47%	-75.53%	8.89%	-20.22%	10.97%	2.03%	30.05%
Operating Return on Assets (OROA)	32.57%	19.12%	19.19%	7.90%	11.29%	3.85%	2.83%	12.87%	5.58%	14.67%
Return on Assets (ROA)	20.69%	11.51%	12.74%	4.05%	7.01%	1.30%	0.38%	8.22%	3.38%	10.63%
Return on Common Equity (ROCE)	38.27%	28.59%	36.27%	12.67%	19.95%	3.70%	1.21%	27.31%	10.36%	28.52%
Return on Equity Simple (ROE_SIMPLE)	52.66%	23.11%	38.90%	12.28%	18.08%	3.71%	1.21%	26.28%	9.68%	25.65%
Net Operating Profit after Tax (NOPAT)	703	525	784	368	511	144	71	857	461	1,159
NOPAT Margin	8.03%	5.32%	7.28%	3.37%	4.47%	1.19%	0.48%	4.90%	2.65%	6.49%
Net Nonoperating Expense Percent (NNEP)	-1,525.37%	32.11%	-15.91%	-27.80%	6.39%	2.62%	1.79%	3.98%	5.16%	3.84%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	14.17%	6.89%	15.54%
Cost of Revenue to Revenue	85.16%	88.82%	86.33%	92.29%	90.62%	93.07%	90.76%	89.63%	93.56%	87.06%
SG&A Expenses to Revenue	2.65%	3.15%	3.62%	3.14%	3.33%	4.90%	7.77%	3.46%	3.18%	3.99%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	2.71%	3.16%	3.71%	3.18%	3.33%	4.90%	7.81%	3.64%	3.43%	4.51%
Earnings before Interest and Taxes (EBIT)	1,044	797	1,082	481	736	281	232	1,169	532	1,501
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,218	1,029	1,359	760	1,027	622	618	1,577	959	1,939
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.08	2.30	4.19	1.93	3.26	1.84	2.61	1.98	1.97	2.57
Price to Tangible Book Value (P/TBV)	4.87	6.65	34.02	7.83	8.61	4.87	24.27	7.34	5.50	4.96
Price to Revenue (P/Rev)	0.59	0.48	0.72	0.35	0.72	0.39	0.45	0.32	0.38	0.61
Price to Earnings (P/E)	7.95	10.85	11.12	15.66	18.05	49.74	216.56	7.54	20.37	10.02
Dividend Yield	28.65%	14.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	12.57%	9.22%	8.99%	6.39%	5.54%	2.01%	0.46%	13.25%	4.91%	9.98%
Enterprise Value to Invested Capital (EV/IC)	3.12	2.51	5.48	2.11	2.25	1.50	1.77	1.50	1.54	2.23
Enterprise Value to Revenue (EV/Rev)	0.65	0.46	0.67	0.33	0.90	0.53	0.64	0.48	0.53	0.67
Enterprise Value to EBITDA (EV/EBITDA)	4.69	4.38	5.29	4.68	9.99	10.38	15.36	5.33	9.56	6.22
Enterprise Value to EBIT (EV/EBIT)	5.47	5.65	6.65	7.40	13.94	23.01	40.89	7.18	17.25	8.03
Enterprise Value to NOPAT (EV/NOPAT)	8.14	8.58	9.17	9.67	20.10	44.78	132.83	9.80	19.90	10.40
Enterprise Value to Operating Cash Flow (EV/OCF)	5.60	5.67	8.98	7.24	15.39	8.92	29.08	12.54	13.53	6.06
Enterprise Value to Free Cash Flow (EV/FCFF)	11.52	8.10	5.66	0.00	0.00	16.38	0.00	13.96	78.21	7.06
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.80	0.01	0.03	0.02	0.91	0.89	1.24	1.12	1.00	0.75
Long-Term Debt to Equity	0.78	0.00	0.00	0.00	0.90	0.88	1.23	1.11	1.00	0.75
Financial Leverage	0.00	0.08	-0.21	-0.23	0.37	0.73	0.87	1.02	0.87	0.50
Leverage Ratio	1.85	2.49	2.86	3.14	2.86	2.85	3.17	3.34	3.08	2.69
Compound Leverage Factor	1.78	2.26	2.60	2.17	2.40	1.64	1.26	2.93	2.11	2.53
Debt to Total Capital	44.56%	0.75%	2.51%	1.48%	47.59%	46.97%	55.41%	52.81%	49.98%	42.99%
Short-Term Debt to Total Capital	1.27%	0.75%	2.51%	1.48%	0.55%	0.52%	0.45%	0.43%	0.01%	0.01%
Long-Term Debt to Total Capital	43.30%	0.00%	0.00%	0.00%	47.04%	46.45%	54.96%	52.37%	49.97%	42.98%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.13%	0.39%	0.50%	0.48%	0.21%	0.24%	0.20%	0.21%	0.20%	0.19%
Common Equity to Total Capital	55.31%	98.86%	96.99%	98.04%	52.20%	52.79%	44.38%	46.99%	49.83%	56.83%
Debt to EBITDA	0.83	0.02	0.04	0.04	2.24	3.67	5.21	2.02	3.48	1.65
Net Debt to EBITDA	0.47	-0.27	-0.40	-0.44	1.97	2.79	4.48	1.75	2.72	0.59
Long-Term Debt to EBITDA	0.81	0.00	0.00	0.00	2.22	3.63	5.16	2.01	3.48	1.65
Debt to NOPAT	1.44	0.03	0.06	0.08	4.51	15.82	45.02	3.73	7.25	2.77
Net Debt to NOPAT	0.82	-0.54	-0.69	-0.90	3.96	12.01	38.72	3.22	5.66	1.00
Long-Term Debt to NOPAT	1.40	0.00	0.00	0.00	4.46	15.64	44.65	3.70	7.25	2.77
Altman Z-Score	5.39	3.40	3.59	3.00	3.36	2.66	2.66	3.27	3.06	3.87
Noncontrolling Interest Sharing Ratio	0.17%	0.34%	0.45%	0.50%	0.44%	0.43%	0.45%	0.45%	0.41%	0.36%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.06	1.53	1.73	1.72	1.58	1.50	1.38	1.51	1.68	2.01
Quick Ratio	0.93	0.63	0.79	0.70	0.16	0.28	0.18	0.58	0.73	1.20
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	496	556	1,270	-6.98	-2,359	394	-977	602	117	1,707
Operating Cash Flow to CapEx	580.91%	242.80%	238.92%	145.08%	200.54%	224.37%	91.46%	148.33%	129.36%	431.89%
Free Cash Flow to Firm to Interest Expense	10.66	7.35	11.85	-0.04	-17.79	3.13	-6.70	3.94	0.58	10.59
Operating Cash Flow to Interest Expense	21.92	10.52	7.48	3.02	5.03	5.74	2.24	4.39	3.35	12.35
Operating Cash Flow Less CapEx to Interest Expense	18.15	6.18	4.35	0.94	2.52	3.18	-0.21	1.43	0.76	9.49
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.73	2.37	1.91	1.80	1.75	1.66	1.80	1.92	1.82	1.75
Accounts Receivable Turnover	23.79	24.66	21.16	19.34	40.47	11,924.95	12,167.52	31.73	15.57	16.73
Inventory Turnover	9.37	9.88	8.33	8.36	8.13	8.21	9.14	8.78	8.17	8.26
Fixed Asset Turnover	6.90	6.20	5.48	5.14	4.80	4.61	5.30	5.96	5.69	5.68
Accounts Payable Turnover	16.67	13.66	12.15	12.85	11.28	11.05	11.00	10.44	10.65	10.81
Days Sales Outstanding (DSO)	15.34	14.80	17.25	18.88	9.02	0.03	0.03	11.50	23.45	21.82
Days Inventory Outstanding (DIO)	38.97	36.96	43.79	43.65	44.89	44.47	39.93	41.57	44.67	44.19
Days Payable Outstanding (DPO)	21.90	26.72	30.05	28.40	32.35	33.02	33.19	34.98	34.29	33.75
Cash Conversion Cycle (CCC)	32.42	25.04	30.99	34.13	21.56	11.49	6.78	18.09	33.82	32.26
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,830	1,799	1,313	1,688	4,558	4,308	5,356	5,611	5,955	5,407
Invested Capital Turnover	5.07	5.44	6.92	7.29	3.65	2.73	3.06	3.19	3.00	3.15
Increase / (Decrease) in Invested Capital	206	-31	-486	375	2,869	-250	1,048	255	344	-548
Enterprise Value (EV)	5,716	4,507	7,194	3,560	10,261	6,457	9,492	8,398	9,173	12,056
Market Capitalization	5,138	4,780	7,726	3,882	8,228	4,713	6,713	5,628	6,550	10,889
Book Value per Share	$4.93	$8.27	$7.42	$8.07	$10.12	$10.53	$10.58	$12.01	$14.07	$17.88
Tangible Book Value per Share	$4.13	$2.86	$0.91	$1.99	$3.83	$3.98	$1.14	$3.24	$5.03	$9.25
Total Capital	2,276	2,102	1,903	2,050	4,838	4,856	5,806	6,046	6,686	7,460
Total Debt	1,014	16	48	30	2,302	2,281	3,217	3,193	3,342	3,207
Total Long-Term Debt	986	0.00	0.00	0.00	2,276	2,256	3,191	3,166	3,341	3,206
Net Debt	575	-282	-542	-331	2,022	1,733	2,767	2,758	2,610	1,154
Capital Expenditures (CapEx)	176	328	335	339	332	323	357	452	524	461
Debt-free, Cash-free Net Working Capital (DFCFNWC)	488	343	522	607	696	442	491	913	978	516
Debt-free Net Working Capital (DFNWC)	928	640	1,112	969	976	991	941	1,348	1,709	2,569
Net Working Capital (NWC)	899	625	1,064	938	950	965	915	1,321	1,709	2,568
Net Nonoperating Expense (NNE)	40	45	66	121	54	49	40	110	139	72
Net Nonoperating Obligations (NNO)	568	-287	-542	-331	2,022	1,733	2,767	2,758	2,610	1,154
Total Depreciation and Amortization (D&A)	174	232	278	279	291	341	386	408	427	439
Debt-free, Cash-free Net Working Capital to Revenue	5.58%	3.47%	4.85%	5.55%	6.10%	3.66%	3.32%	5.23%	5.63%	2.88%
Debt-free Net Working Capital to Revenue	10.60%	6.48%	10.32%	8.86%	8.56%	8.19%	6.37%	7.72%	9.84%	14.37%
Net Working Capital to Revenue	10.27%	6.32%	9.88%	8.58%	8.33%	7.98%	6.19%	7.56%	9.84%	14.36%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.50	$1.74	$2.79	$1.00	$1.83	$0.39	$0.13	$3.11	$1.36	$4.58
Adjusted Weighted Average Basic Shares Outstanding	258.44M	253.67M	248.74M	248.95M	249.40M	245.94M	243.65M	239.77M	236.73M	237.01M
Adjusted Diluted Earnings per Share	$2.50	$1.73	$2.79	$1.00	$1.83	$0.39	$0.13	$3.10	$1.36	$4.57
Adjusted Weighted Average Diluted Shares Outstanding	258.68M	254.13M	248.97M	249.15M	249.71M	246.12M	244.13M	240.39M	237.30M	237.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	254.82M	248.37M	248.75M	248.97M	249.57M	243.51M	243.90M	236.47M	236.79M	237.12M
Normalized Net Operating Profit after Tax (NOPAT)	706	526	791	372	510	144	152	879	500	1,231
Normalized NOPAT Margin	8.07%	5.32%	7.35%	3.40%	4.47%	1.19%	1.03%	5.03%	2.88%	6.89%
Pre Tax Income Margin	11.44%	7.33%	9.12%	3.04%	5.41%	1.34%	0.63%	5.87%	2.10%	7.90%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	22.43	10.54	10.09	2.96	5.55	2.23	1.59	7.66	2.63	9.31
NOPAT to Interest Expense	15.09	6.94	7.32	2.26	3.85	1.14	0.49	5.61	2.28	7.19
EBIT Less CapEx to Interest Expense	18.66	6.21	6.96	0.87	3.04	-0.33	-0.86	4.70	0.04	6.45
NOPAT Less CapEx to Interest Expense	11.32	2.61	4.19	0.18	1.34	-1.42	-1.96	2.65	-0.31	4.33
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	226.02%	148.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	240.99%	173.45%	0.00%	0.10%	0.63%	115.96%	0.00%	26.73%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Pilgrim's Pride's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	16.76%	2.19%	-1.76%	-6.99%	-2.43%	9.71%	4.71%	5.83%	5.16%	-3.45%
EBITDA Growth	115.32%	-94.48%	-72.59%	-68.45%	-33.55%	3,116.45%	167.68%	185.18%	100.73%	26.91%
EBIT Growth	199.62%	-223.27%	-90.83%	-83.35%	-44.38%	328.28%	619.32%	419.34%	150.99%	41.75%
NOPAT Growth	235.86%	-212.60%	-93.08%	-65.82%	-44.17%	391.01%	779.09%	152.03%	144.62%	65.58%
Net Income Growth	325.74%	-525.15%	-97.99%	-83.18%	-53.06%	186.56%	3,006.70%	436.09%	187.90%	75.67%
EPS Growth	332.00%	-520.00%	-98.26%	-83.33%	-52.78%	192.06%	3,550.00%	448.00%	188.24%	72.41%
Operating Cash Flow Growth	73.80%	-11,555.41%	-171.24%	29.26%	-16.01%	330.46%	267.61%	186.26%	109.87%	25.53%
Free Cash Flow Firm Growth	129.99%	69.08%	-8.69%	58.27%	-261.24%	39.95%	141.38%	334.02%	263.61%	535.80%
Invested Capital Growth	-0.01%	4.76%	9.04%	8.10%	11.17%	6.12%	-0.04%	-6.69%	-5.91%	-9.20%
Revenue Q/Q Growth	-3.51%	-7.64%	0.93%	3.42%	1.21%	3.86%	-3.67%	4.53%	0.56%	-4.64%
EBITDA Q/Q Growth	-25.08%	-97.80%	1,240.75%	42.84%	57.79%	6.44%	11.58%	52.17%	11.07%	-32.71%
EBIT Q/Q Growth	-29.87%	-125.76%	138.77%	137.66%	134.31%	5.75%	22.15%	71.58%	13.24%	-40.28%
NOPAT Q/Q Growth	-30.83%	-120.06%	140.43%	509.34%	12.97%	4.57%	22.13%	74.69%	9.65%	-29.22%
Net Income Q/Q Growth	-28.46%	-159.86%	103.63%	981.66%	99.59%	10.40%	30.35%	86.65%	7.19%	-32.63%
EPS Q/Q Growth	-28.00%	-158.33%	103.17%	1,150.00%	104.00%	13.73%	25.86%	87.67%	7.30%	-31.97%
Operating Cash Flow Q/Q Growth	90.19%	-132.69%	-33.92%	255.25%	23.59%	-10.31%	-2.61%	165.15%	-9.39%	-46.35%
Free Cash Flow Firm Q/Q Growth	135.87%	-214.09%	-52.32%	33.05%	-38.59%	57.51%	204.98%	278.57%	-3.10%	13.17%
Invested Capital Q/Q Growth	-5.06%	6.55%	5.95%	0.86%	-2.36%	1.71%	-0.20%	-5.85%	-1.54%	-1.85%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	11.13%	2.32%	4.15%	6.46%	7.93%	7.09%	8.80%	15.17%	14.92%	12.65%
EBITDA Margin	10.28%	0.24%	3.25%	4.49%	7.00%	7.18%	8.31%	12.10%	13.37%	9.43%
Operating Margin	7.59%	-1.88%	0.75%	2.33%	4.73%	4.07%	5.74%	9.67%	11.09%	7.01%
EBIT Margin	8.03%	-2.24%	0.86%	1.98%	4.58%	4.66%	5.91%	9.71%	10.93%	6.85%
Profit (Net Income) Margin	5.80%	-3.76%	0.14%	1.41%	2.79%	2.96%	4.01%	7.16%	7.63%	5.39%
Tax Burden Percent	79.75%	119.46%	-175.48%	133.33%	73.18%	85.69%	77.07%	76.44%	72.67%	85.27%
Interest Burden Percent	90.47%	140.33%	-8.95%	53.61%	83.21%	74.18%	88.02%	96.53%	96.11%	92.39%
Effective Tax Rate	20.25%	0.00%	0.00%	-33.33%	26.82%	14.31%	22.93%	23.56%	27.33%	14.73%
Return on Invested Capital (ROIC)	19.98%	-4.19%	1.61%	9.18%	10.57%	10.47%	13.06%	22.71%	25.58%	18.82%
ROIC Less NNEP Spread (ROIC-NNEP)	19.53%	-7.84%	1.04%	6.58%	9.45%	9.59%	12.41%	22.27%	24.62%	17.46%
Return on Net Nonoperating Assets (RNNOA)	18.87%	-7.96%	1.03%	6.20%	8.57%	8.30%	10.64%	15.59%	13.65%	8.65%
Return on Equity (ROE)	38.85%	-12.14%	2.64%	15.37%	19.14%	18.77%	23.70%	38.30%	39.23%	27.47%
Cash Return on Invested Capital (CROIC)	19.49%	10.97%	1.36%	-2.89%	-8.61%	2.03%	10.33%	21.39%	24.66%	30.05%
Operating Return on Assets (OROA)	15.59%	-4.31%	1.61%	3.51%	8.17%	8.49%	10.93%	17.28%	19.11%	11.96%
Return on Assets (ROA)	11.25%	-7.22%	0.25%	2.51%	4.98%	5.40%	7.41%	12.75%	13.35%	9.42%
Return on Common Equity (ROCE)	38.67%	-12.09%	2.63%	15.31%	19.05%	18.70%	23.60%	38.15%	39.08%	27.37%
Return on Equity Simple (ROE_SIMPLE)	34.39%	0.00%	16.30%	5.57%	1.07%	0.00%	14.12%	20.29%	23.44%	0.00%
Net Operating Profit after Tax (NOPAT)	271	-54	22	134	151	158	193	337	369	261
NOPAT Margin	6.05%	-1.31%	0.53%	3.10%	3.46%	3.49%	4.42%	7.39%	8.06%	5.98%
Net Nonoperating Expense Percent (NNEP)	0.45%	3.65%	0.57%	2.60%	1.11%	0.88%	0.65%	0.44%	0.96%	1.37%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.90%	-	-	-	2.36%	-	-	-	3.51%
Cost of Revenue to Revenue	88.87%	97.68%	95.85%	93.54%	92.07%	92.91%	91.20%	84.83%	85.08%	87.35%
SG&A Expenses to Revenue	3.54%	3.46%	3.21%	3.45%	3.18%	2.89%	2.73%	4.70%	3.16%	5.38%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	3.54%	4.20%	3.40%	4.14%	3.20%	3.02%	3.06%	5.50%	3.83%	5.64%
Earnings before Interest and Taxes (EBIT)	359	-92	36	85	200	211	258	443	501	299
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	459	10	135	193	305	325	363	552	613	412
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.11	1.98	1.80	1.61	1.76	1.97	2.33	2.44	2.48	2.57
Price to Tangible Book Value (P/TBV)	6.98	7.34	6.49	5.43	5.39	5.50	5.94	5.55	5.15	4.96
Price to Revenue (P/Rev)	0.33	0.32	0.30	0.29	0.32	0.38	0.46	0.51	0.58	0.61
Price to Earnings (P/E)	6.13	7.54	11.05	29.20	169.08	20.37	16.56	12.05	10.60	10.02
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	16.30%	13.25%	9.05%	3.42%	0.59%	4.91%	6.04%	8.30%	9.43%	9.98%
Enterprise Value to Invested Capital (EV/IC)	1.57	1.50	1.39	1.31	1.40	1.54	1.78	1.96	2.13	2.23
Enterprise Value to Revenue (EV/Rev)	0.48	0.48	0.47	0.46	0.48	0.53	0.60	0.62	0.65	0.67
Enterprise Value to EBITDA (EV/EBITDA)	4.74	5.33	6.77	9.86	12.69	9.56	8.93	7.11	6.35	6.22
Enterprise Value to EBIT (EV/EBIT)	6.20	7.18	10.13	20.31	35.83	17.25	14.05	9.88	8.32	8.03
Enterprise Value to NOPAT (EV/NOPAT)	8.08	9.80	14.47	27.88	74.84	19.90	17.30	13.10	11.14	10.40
Enterprise Value to Operating Cash Flow (EV/OCF)	10.50	12.54	29.35	23.29	29.33	13.53	9.53	6.96	6.12	6.06
Enterprise Value to Free Cash Flow (EV/FCFF)	8.08	13.96	106.82	0.00	0.00	78.21	17.24	8.86	8.39	7.06
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.17	1.12	1.11	1.20	1.20	1.00	0.96	0.85	0.75	0.75
Long-Term Debt to Equity	1.16	1.11	1.10	1.20	1.20	1.00	0.96	0.85	0.75	0.75
Financial Leverage	0.97	1.02	1.00	0.94	0.91	0.87	0.86	0.70	0.55	0.50
Leverage Ratio	3.34	3.34	3.25	3.24	3.26	3.08	2.97	2.93	2.82	2.69
Compound Leverage Factor	3.03	4.68	-0.29	1.74	2.71	2.28	2.61	2.83	2.71	2.49
Debt to Total Capital	53.95%	52.81%	52.58%	54.64%	54.50%	49.98%	48.90%	45.95%	43.02%	42.99%
Short-Term Debt to Total Capital	0.44%	0.43%	0.43%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Long-Term Debt to Total Capital	53.51%	52.37%	52.15%	54.62%	54.48%	49.97%	48.89%	45.94%	43.01%	42.98%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.21%	0.21%	0.21%	0.20%	0.20%	0.20%	0.20%	0.20%	0.19%	0.19%
Common Equity to Total Capital	45.84%	46.99%	47.21%	45.17%	45.30%	49.83%	50.90%	53.85%	56.79%	56.83%
Debt to EBITDA	1.83	2.02	2.65	4.63	5.75	3.48	2.82	2.06	1.72	1.65
Net Debt to EBITDA	1.44	1.75	2.49	3.66	4.29	2.72	2.06	1.20	0.70	0.59
Long-Term Debt to EBITDA	1.82	2.01	2.62	4.63	5.75	3.48	2.82	2.06	1.72	1.65
Debt to NOPAT	3.13	3.73	5.65	13.10	33.88	7.25	5.46	3.80	3.02	2.77
Net Debt to NOPAT	2.46	3.22	5.33	10.35	25.29	5.66	4.00	2.21	1.22	1.00
Long-Term Debt to NOPAT	3.10	3.70	5.61	13.10	33.87	7.25	5.46	3.80	3.02	2.77
Altman Z-Score	3.07	2.82	2.83	2.66	2.75	2.95	3.22	3.37	3.47	3.50
Noncontrolling Interest Sharing Ratio	0.46%	0.45%	0.44%	0.42%	0.45%	0.41%	0.42%	0.40%	0.38%	0.36%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.55	1.51	1.53	1.72	1.75	1.68	1.83	1.82	1.95	2.01
Quick Ratio	0.68	0.58	0.06	0.75	0.81	0.73	0.84	0.95	1.14	1.20
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	271	-309	-471	-315	-437	-186	195	738	715	809
Operating Cash Flow to CapEx	275.38%	-97.68%	-135.81%	164.56%	216.16%	255.58%	255.18%	701.21%	660.86%	227.47%
Free Cash Flow to Firm to Interest Expense	7.35	-7.48	-11.04	-6.69	-9.58	-2.78	4.73	23.66	17.19	17.17
Operating Cash Flow to Interest Expense	10.01	-2.92	-3.79	5.32	6.80	4.17	6.57	23.03	15.65	7.41
Operating Cash Flow Less CapEx to Interest Expense	6.38	-5.91	-6.58	2.09	3.65	2.54	4.00	19.75	13.28	4.15
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.94	1.92	1.88	1.77	1.78	1.82	1.85	1.78	1.75	1.75
Accounts Receivable Turnover	17.24	31.73	32.38	14.52	14.89	15.57	33.33	16.10	16.23	16.73
Inventory Turnover	8.77	8.78	8.55	8.24	8.17	8.17	8.36	8.34	8.45	8.26
Fixed Asset Turnover	6.14	5.96	5.91	5.75	5.73	5.69	5.71	5.74	5.80	5.68
Accounts Payable Turnover	11.18	10.44	10.68	10.60	10.55	10.65	11.40	11.11	11.01	10.81
Days Sales Outstanding (DSO)	21.17	11.50	11.27	25.14	24.51	23.45	10.95	22.68	22.49	21.82
Days Inventory Outstanding (DIO)	41.62	41.57	42.69	44.28	44.65	44.67	43.68	43.78	43.21	44.19
Days Payable Outstanding (DPO)	32.66	34.98	34.17	34.43	34.58	34.29	32.02	32.84	33.16	33.75
Cash Conversion Cycle (CCC)	30.12	18.09	19.79	34.99	34.58	33.82	22.61	33.61	32.55	32.26
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,266	5,611	5,945	5,996	5,854	5,955	5,943	5,595	5,509	5,407
Invested Capital Turnover	3.30	3.19	3.05	2.96	3.05	3.00	2.95	3.07	3.17	3.15
Increase / (Decrease) in Invested Capital	-0.56	255	493	449	588	344	-2.09	-401	-346	-548
Enterprise Value (EV)	8,290	8,398	8,251	7,873	8,178	9,173	10,589	10,983	11,752	12,056
Market Capitalization	5,751	5,628	5,200	4,936	5,401	6,550	8,127	9,120	10,448	10,889
Book Value per Share	$11.41	$12.01	$12.24	$12.92	$13.00	$14.07	$14.70	$15.75	$17.73	$17.88
Tangible Book Value per Share	$3.45	$3.24	$3.39	$3.84	$4.23	$5.03	$5.78	$6.94	$8.56	$9.25
Total Capital	5,950	6,046	6,129	6,773	6,794	6,686	6,838	6,929	7,403	7,460
Total Debt	3,210	3,193	3,223	3,701	3,702	3,342	3,343	3,184	3,185	3,207
Total Long-Term Debt	3,184	3,166	3,197	3,700	3,701	3,341	3,343	3,183	3,184	3,206
Net Debt	2,526	2,758	3,038	2,924	2,763	2,610	2,448	1,850	1,290	1,154
Capital Expenditures (CapEx)	134	124	119	153	144	109	106	102	99	154
Debt-free, Cash-free Net Working Capital (DFCFNWC)	767	913	1,171	1,046	960	978	998	694	574	516
Debt-free Net Working Capital (DFNWC)	1,451	1,348	1,355	1,823	1,899	1,709	1,893	2,028	2,469	2,569
Net Working Capital (NWC)	1,425	1,321	1,329	1,822	1,898	1,709	1,892	2,028	2,468	2,568
Net Nonoperating Expense (NNE)	12	101	16	73	29	24	18	10	19	26
Net Nonoperating Obligations (NNO)	2,526	2,758	3,038	2,924	2,763	2,610	2,448	1,850	1,290	1,154
Total Depreciation and Amortization (D&A)	100	103	100	108	106	114	105	109	112	113
Debt-free, Cash-free Net Working Capital to Revenue	4.41%	5.23%	6.73%	6.13%	5.66%	5.63%	5.68%	3.90%	3.18%	2.88%
Debt-free Net Working Capital to Revenue	8.35%	7.72%	7.79%	10.68%	11.20%	9.84%	10.78%	11.39%	13.69%	14.37%
Net Working Capital to Revenue	8.20%	7.56%	7.64%	10.68%	11.19%	9.84%	10.78%	11.39%	13.69%	14.36%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.08	($0.63)	$0.02	$0.26	$0.51	$0.57	$0.74	$1.38	$1.48	$0.98
Adjusted Weighted Average Basic Shares Outstanding	238.56M	239.77M	236.59M	236.73M	236.79M	236.73M	236.84M	236.94M	237.12M	237.01M
Adjusted Diluted Earnings per Share	$1.08	($0.63)	$0.02	$0.25	$0.51	$0.58	$0.73	$1.37	$1.47	$1.00
Adjusted Weighted Average Diluted Shares Outstanding	239.21M	240.39M	237.16M	237.21M	237.35M	237.30M	237.49M	237.73M	237.89M	237.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	236.47M	236.47M	236.73M	236.79M	236.79M	236.79M	236.94M	237.12M	237.12M	237.12M
Normalized Net Operating Profit after Tax (NOPAT)	271	-33	28	91	152	163	204	365	392	271
Normalized NOPAT Margin	6.05%	-0.80%	0.66%	2.11%	3.48%	3.59%	4.68%	8.00%	8.55%	6.20%
Pre Tax Income Margin	7.27%	-3.14%	-0.08%	1.06%	3.81%	3.46%	5.20%	9.37%	10.50%	6.32%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	9.73	-2.24	0.84	1.81	4.37	3.16	6.25	14.18	12.05	6.35
NOPAT to Interest Expense	7.33	-1.31	0.51	2.84	3.31	2.36	4.68	10.80	8.88	5.55
EBIT Less CapEx to Interest Expense	6.09	-5.22	-1.95	-1.43	1.23	1.53	3.68	10.90	9.68	3.09
NOPAT Less CapEx to Interest Expense	3.70	-4.30	-2.28	-0.40	0.16	0.73	2.10	7.51	6.51	2.29
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	21.27%	26.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Pilgrim's Pride's Financials

When does Pilgrim's Pride's fiscal year end?

According to the most recent income statement we have on file, Pilgrim's Pride's financial year ends in December. Their financial year 2024 ended on December 29, 2024.

How has Pilgrim's Pride's net income changed over the last 9 years?

Pilgrim's Pride's net income appears to be on an upward trend, with a most recent value of $1.09 billion in 2024, rising from $662.97 million in 2015. The previous period was $322.32 million in 2023.

What is Pilgrim's Pride's operating income?

Pilgrim's Pride's total operating income in 2024 was $1.51 billion, based on the following breakdown:

Total Gross Profit: $2.31 billion
Total Operating Expenses: $806.70 million

How has Pilgrim's Pride revenue changed over the last 9 years?

Over the last 9 years, Pilgrim's Pride's total revenue changed from $8.75 billion in 2015 to $17.88 billion in 2024, a change of 104.3%.

How much debt does Pilgrim's Pride have?

Pilgrim's Pride's total liabilities were at $6.40 billion at the end of 2024, a 1.1% decrease from 2023, and a 211.1% increase since 2015.

How much cash does Pilgrim's Pride have?

In the past 9 years, Pilgrim's Pride's cash and equivalents has ranged from $260.57 million in 2019 to $2.04 billion in 2024, and is currently $2.04 billion as of their latest financial filing in 2024.

How has Pilgrim's Pride's book value per share changed over the last 9 years?

Over the last 9 years, Pilgrim's Pride's book value per share changed from 4.93 in 2015 to 17.88 in 2024, a change of 262.4%.

Remove Ads

Related Companies

This page (NASDAQ:PPC) was last updated on 4/14/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Pilgrim's Pride (PPC) Financials

Frequently Asked Questions About Pilgrim's Pride's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Pilgrim's Pride (PPC) Financials

Annual Income Statements for Pilgrim's Pride

Quarterly Income Statements for Pilgrim's Pride

Annual Cash Flow Statements for Pilgrim's Pride

Quarterly Cash Flow Statements for Pilgrim's Pride

Annual Balance Sheets for Pilgrim's Pride

Quarterly Balance Sheets for Pilgrim's Pride

Annual Metrics and Ratios for Pilgrim's Pride

Quarterly Metrics and Ratios for Pilgrim's Pride

Frequently Asked Questions About Pilgrim's Pride's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools