Pilgrims Pride's Operating Income for the
three
months ended in Dec. 2023 was $190 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $567 Mil.
Warning Sign:
Pilgrims Pride Corp has recorded a loss in operating income at least once over the past 3 years.
Operating Margin % is calculated as Operating Income divided by its Revenue. Pilgrims Pride's Operating Income for the
three
months ended in Dec. 2023 was $190 Mil. Pilgrims Pride's Revenue for the
three
months ended in Dec. 2023 was $4,528 Mil. Therefore, Pilgrims Pride's Operating Margin % for the quarter that ended in Dec. 2023 was 4.19%.
Warning Sign:
Pilgrims Pride Corp operating margin has been in a 5-year decline. The average rate of decline per year is -4.5%.
Pilgrims Pride's 5-Year average Growth Rate for Operating Margin % was -4.50% per year.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Pilgrims Pride's annualizedROC % for the quarter that ended in Dec. 2023 was 9.30%.
Pilgrims Pride's annualizedROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 21.06%.
Pilgrims Pride Operating Income Historical Data
The historical data trend for Pilgrims Pride's Operating Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.
Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $567 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Pilgrims Pride (NAS:PPC) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Pilgrims Pride's annualizedROC % for the quarter that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.
Be Aware
Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Pilgrims Pride Operating Income Related Terms
Thank you for viewing the detailed overview of Pilgrims Pride's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Pilgrims Pride (Pilgrims Pride) Business Description
Pilgrim's Pride is the second-largest poultry producer in the U.S. (62% of 2022 sales), the U.K. (28% including other European sales), and Mexico (11%). Its U.K. and European arm also includes pork operations from the 2019 acquisition of Tulip. Pilgrim's sells to chain restaurants, food processors, food distributors, and retail chains. Most of its U.S. and Mexican sales come from fresh chicken, while prepared chicken and pork constitute most of its U.K. and European sales. JBS owns more than 80% of Pilgrim's Pride's outstanding shares, though it failed to acquire the remaining stake in 2021 after a special board committee deemed JBS' offer undervalued Pilgrim's Pride.
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