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Performance Food Group Co (FRA:P5F) ROA % : 3.06% (As of Sep. 2024)


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What is Performance Food Group Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Performance Food Group Co's annualized Net Income for the quarter that ended in Sep. 2024 was €389 Mil. Performance Food Group Co's average Total Assets over the quarter that ended in Sep. 2024 was €12,707 Mil. Therefore, Performance Food Group Co's annualized ROA % for the quarter that ended in Sep. 2024 was 3.06%.

The historical rank and industry rank for Performance Food Group Co's ROA % or its related term are showing as below:

FRA:P5F' s ROA % Range Over the Past 10 Years
Min: -1.84   Med: 2.33   Max: 5.09
Current: 3.18

During the past 13 years, Performance Food Group Co's highest ROA % was 5.09%. The lowest was -1.84%. And the median was 2.33%.

FRA:P5F's ROA % is ranked worse than
57.1% of 317 companies
in the Retail - Defensive industry
Industry Median: 3.84 vs FRA:P5F: 3.18

Performance Food Group Co ROA % Historical Data

The historical data trend for Performance Food Group Co's ROA % 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.

Performance Food Group Co ROA % Chart

Performance Food Group Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.85 0.51 1.17 3.15 3.38

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
ROA % 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 3.83 2.40 2.19 5.10 3.06

Competitive Comparison of Performance Food Group Co's ROA %

For the Food Distribution subindustry, Performance Food Group Co's ROA %, along with its competitors' market caps and ROA % 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.


Performance Food Group Co's ROA % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Performance Food Group Co's ROA % distribution charts can be found below:

* The bar in red indicates where Performance Food Group Co's ROA % falls into.



Performance Food Group Co ROA % Calculation

Performance Food Group Co's annualized ROA % for the fiscal year that ended in Jun. 2024 is calculated as:

ROA %=Net Income (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=404.951/( (11536.577+12442.004)/ 2 )
=404.951/11989.2905
=3.38 %

Performance Food Group Co's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=389.232/( (12442.004+12971.247)/ 2 )
=389.232/12706.6255
=3.06 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2024) net income data. ROA % is displayed in the 30-year financial page.


Performance Food Group Co  (FRA:P5F) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=389.232/12706.6255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(389.232 / 55557.464)*(55557.464 / 12706.6255)
=Net Margin %*Asset Turnover
=0.7 %*4.3723
=3.06 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Performance Food Group Co ROA % Related Terms

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Performance Food Group Co Business Description

Traded in Other Exchanges
Address
12500 West Creek Parkway, Richmond, VA, USA, 23238
Performance Food Group Co , markets and distributes national and company-branded food and food-related products. The company also specializes in distributing candy, snacks, beverages, cigarettes, other tobacco products, health and beauty care products and other items to vending distributors, box retailers, theaters, convenience stores, drug stores, grocery stores, travel providers, and hospitality providers. The company has three reportable segments: Foodservice, Vistar, and Convenience.

Performance Food Group Co Headlines

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