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Performance Food Group Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $214 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $823 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Performance Food Group Co's annualized ROC % for the quarter that ended in Sep. 2024 was 6.12%. Performance Food Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.24%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Performance Food Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.23%.
The historical data trend for Performance Food Group Co's EBIT 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.
Performance Food Group Co Annual Data | |||||||||||||||||||||
Trend | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||||
EBIT | Get a 7-Day Free Trial | -105.30 | 207.10 | 350.00 | 762.00 | 829.00 |
Performance Food Group Co Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
EBIT | Get a 7-Day Free Trial | 219.40 | 173.10 | 153.90 | 282.60 | 213.70 |
For the Food Distribution subindustry, Performance Food Group Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Retail - Defensive industry and Consumer Defensive sector, Performance Food Group Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Performance Food Group Co's EV-to-EBIT falls into.
EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.
EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $823 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.
Performance Food Group Co (NYSE:PFGC) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Performance Food Group Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:
ROC % (Q: Sep. 2024 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Jun. 2024 ) | + | Invested Capital (Q: Sep. 2024 )) | / count ) |
= | 861.2 * ( 1 - 26.48% ) | / | ( (9870.2 | + | 10809.4) | / 2 ) |
= | 633.15424 | / | 10339.8 | |||
= | 6.12 % |
where
Invested Capital | (Q: Jun. 2024 ) | |||||||||||
= | Total Assets | - | Accounts Payable & Accrued Expense | - | Excess Cash | |||||||
= | Total Assets | - | Accounts Payable & Accrued Expense | - | ( Cash, Cash Equivalents, Marketable Securities | - | max(0, Total Current Liabilities | - | Total Current Assets | + | Cash, Cash Equivalents, Marketable Securities | )) |
= | 13392.9 | - | 3502.7 | - | ( 20 | - | max(0, 3758.1 | - | 6153.3 | + | 20 | )) |
= | 9870.2 |
Invested Capital | (Q: Sep. 2024 ) | |||||||||||
= | Total Assets | - | Accounts Payable & Accrued Expense | - | Excess Cash | |||||||
= | Total Assets | - | Accounts Payable & Accrued Expense | - | ( Cash, Cash Equivalents, Marketable Securities | - | max(0, Total Current Liabilities | - | Total Current Assets | + | Cash, Cash Equivalents, Marketable Securities | )) |
= | 14396.5 | - | 3544.6 | - | ( 42.5 | - | max(0, 3813.7 | - | 6469.7 | + | 42.5 | )) |
= | 10809.4 |
Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.
2. Joel Greenblatt's definition of Return on Capital:
Performance Food Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:
ROC (Joel Greenblatt) % | (Q: Sep. 2024 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Jun. 2024 | Q: Sep. 2024 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | 854.8 | / | ( ( (3664 + max(2559, 0)) | + | (3830.5 + max(2854.8, 0)) ) | / | 2 ) |
= | 854.8 | / | ( ( 6223 | + | 6685.3 ) | / | 2 ) |
= | 854.8 | / | 6454.15 | ||||
= | 13.24 % |
where Working Capital is:
Working Capital | (Q: Jun. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (2478.9 | + | 3314.7 | + | 268.1) | - | (3502.7 | + | 0 | + | 0) |
= | 2559 |
Working Capital | (Q: Sep. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (2497 | + | 3677.8 | + | 224.6) | - | (3544.6 | + | 0 | + | 0) |
= | 2854.8 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Performance Food Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Sep. 2024 ) |
= | 823.3 | / | 19479.308 | |
= | 4.23 % |
* 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.
Thank you for viewing the detailed overview of Performance Food Group Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Craig Howard Hoskins | officer: See Remarks | C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238 |
A Brent King | officer: See Remarks | 4951 LAKE BROOK DR, STE 500, GLEN ALLEN VA 23060 |
Patrick T. Hagerty | officer: See Remarks | C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238 |
Scott E Mcpherson | officer: See Remarks | 395 OYSTER POINT BLVD, SUITE 415, SAN FRANCISCO CA 94080 |
Kimberly Grant | director | 150 WEST CHURCH AVENUE, MARYVILLE TN 37801 |
George L Holm | director, officer: See Remarks | 3000 69TH STREET EAST, PALMETTO FL 34221 |
David V Singer | director | 13024 BALLANTYNE CORPORATE PL, SUITE 900, CHARLOTTE NC 28277 |
Donald S. Bulmer | officer: See Remarks | 12500 WEST CREEK PARKWAY, RICHMOND VA 23238 |
Hugh Patrick Hatcher | officer: See Remarks | 12500 WEST CREEK PARKWAY, RICHMOND VA 23238 |
Christine R Vlahcevic | officer: See Remarks | 1021 EAST CARY STREET, PO BOX 2350, RICHMOND VA 23218-2350 |
Matthew C Flanigan | director | LEGGETT & PLATT INC, NO 1 LEGGETT ROAD, CARTHAGE MO 64836 |
Laura Jean Flanagan | director | 395 OYSTER POINT BLVD, SUITE 415, SOUTH SAN FRANCISCO CA 94080 |
James D Hope | officer: See Remarks | 1390 ENCLAVE PARKWAY, HOUSTON TX 77077 |
Warren M Thompson | director | 4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060 |
Barbara Beck | director | 5301 N IRONWOOD RD, MILWAUKEE WI 53217 |
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