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Pilgrims Pride (Pilgrims Pride) Pretax Margin % : 5.20% (As of Mar. 2024)


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What is Pilgrims Pride Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Pilgrims Pride's Pre-Tax Income for the three months ended in Mar. 2024 was $227 Mil. Pilgrims Pride's Revenue for the three months ended in Mar. 2024 was $4,362 Mil. Therefore, Pilgrims Pride's pretax margin for the quarter that ended in Mar. 2024 was 5.20%.

The historical rank and industry rank for Pilgrims Pride's Pretax Margin % or its related term are showing as below:

PPC' s Pretax Margin % Range Over the Past 10 Years
Min: 0.63   Med: 5.64   Max: 12.84
Current: 3.39


PPC's Pretax Margin % is ranked worse than
53.96% of 1857 companies
in the Consumer Packaged Goods industry
Industry Median: 4.19 vs PPC: 3.39

Pilgrims Pride Pretax Margin % Historical Data

The historical data trend for Pilgrims Pride's Pretax Margin % 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.

* Premium members only.

Pilgrims Pride Pretax Margin % Chart

Pilgrims Pride Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.41 1.34 0.63 5.87 2.10

Pilgrims Pride Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.08 1.06 3.81 3.46 5.20

Competitive Comparison of Pilgrims Pride's Pretax Margin %

For the Packaged Foods subindustry, Pilgrims Pride's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Pilgrims Pride's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pilgrims Pride's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Pilgrims Pride's Pretax Margin % falls into.



Pilgrims Pride Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Pilgrims Pride's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=365.222/17362.217
=2.10 %

Pilgrims Pride's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=227/4361.934
=5.20 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Pilgrims Pride Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Pilgrims Pride's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pilgrims Pride (Pilgrims Pride) Business Description

Traded in Other Exchanges
Address
1770 Promontory Circle, Greeley, CO, USA, 80634-9038
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.
Executives
Batista Filho Wesley Mendonca director 1770 PROMONTORY CIRCLE, GREELEY CO 80634
Matthew R Galvanoni officer: Chief Financial Officer 5 WESTBROOK CORPORATE CENTER, WESTBROOK IL 60154
Fabio Sandri officer: Chief Financial Officer 1770 PROMONTORY CIRCLE, GREELEY CO 80634-9038
Raul Padilla director C/O BUNGE LTD, 50 MAIN STREET, WHITE PLAINS NY 10606
Maestri Karoleski Joanita Maria director C/O PILGRIM'S PRIDE CORP, 1770 PROMONTORY CIRCLE, GREELEY CO 80634
Ajay Menon director C/O CONVERA CORPORATION, 1921 GALLOWS RD., VIENNA VA 22182
Jayson Penn officer: CEO 1770 PROMONTORY CIRCLE, GREELEY CO 80634
Arquimedes Celis director 1770 PROMONTORY CIRCLE, GREELEY CO 80634
Farha Aslam director 1770 N PROMOTORY CIRCLE, GREELEY CO 80634
William W Lovette director, officer: CEO and President 2210 WEST OAKLAWN DRIVE, SPRINGDALE AR 72762
Michael L. Cooper director 4845 US HIGHWAY 271N, PITTSBURG TX 75686
Vasconcellos Wallim Cruz De Jr director 116 RUA VISCONDE DE ITAUNA, 116, RIO DE JANEIRO D5 22460140
David E Bell director C/O BOSTON ACOUSTICS, INC., 300 JUBILEE DRIVE, PEABODY MA 01960
Charles Macaluso director
Denilson Molina director 1770 PROMONTORY CIRCLE, GREELEY CO 80634