PFGC
Performance Food Group Company
PFGC's fundamentals are mixed: free cash flow more than doubled, while its operating margin held steady at 1.4%. At 44x earnings, it's trading above its usual 36x. Analysts expect strong earnings growth.
PFGC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Stable |
PFGC's profitability is currently healthy, and its revenue, cash flow and balance sheet are stable.
PFGC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $110 | — |
| Cheap | 26x | $65.62 | -40% |
| Fair | 36x | $89.18 | -19% |
| Current | 44x | $110 | — |
| Expensive | 71x | $177 | +61% |
Historical ranges are pointers, not guarantees.
PFGC's PE is in its fair range at 44x. If earnings grow as analysts expect, today's price would be 19x next year's earnings, in its cheap range.
PFGC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for PFGC, with profitability holding steady.
PFGC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.88 | +134% |
| Q3 2026 | $2.51 | +20% |
| Q2 2026 | $2.29 | +5% |
| Q1 2026 | $2.11 | -12% |
| Q4 2025 | $2.21 | -11% |
| Q3 2025 | $2.09 | -23% |
| Q2 2025 | $2.18 | -22% |
| Q1 2025 | $2.40 | -10% |
| Q4 2024 | $2.48 | -9.2% |
PFGC earned $2.51 per share over the past year, up 20% from the year before.
PFGC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18B | +5.5% |
| Q2 2026 | $18B | +6.4% |
| Q1 2026 | $16.3B | +6.4% |
| Q4 2025 | $16.4B | +5.2% |
| Q3 2025 | $17.1B | +11% |
| Q2 2025 | $16.9B | +12% |
| Q1 2025 | $15.3B | +10% |
| Q4 2024 | $15.6B | +9.4% |
PFGC's revenue has grown year over year every quarter since late 2020: $18B last quarter, up 5.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.5% | +0.2 points |
| Q2 2026 | 1.8% | +0.2 points |
| Q1 2026 | 0.9% | -0.2 points |
| Q4 2025 | 1.2% | +0.1 points |
| Q3 2025 | 1.3% | -0.1 points |
| Q2 2025 | 1.6% | -0.3 points |
| Q1 2025 | 1.1% | 0 points |
| Q4 2024 | 1% | -0.2 points |
PFGC's operating margin was 1.5% last quarter, about level with the same quarter a year ago.
PFGC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$143.2M | +$80.9M |
| Q2 2026 | $223.6M | +6.6% |
| Q1 2026 | $542.3M | +70% |
| Q4 2025 | $487.8M | +124% |
| Q3 2025 | -$224.1M | -$181.1M |
| Q2 2025 | $209.7M | +281% |
| Q1 2025 | $319.3M | +4.6% |
| Q4 2024 | $218.1M | -42% |
PFGC usually generates cash, though not every quarter: the latest was −$143M, but it generated $1.1B over the past year.
PFGC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +500K shares |
| 1 year | +0.4% | +600K shares |
| 3 years | +0.6% | +900K shares |
| 5 years | +12% | +16.3M shares |
| Available history | +48% | +51.1M shares |
PFGC has 158M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $600,000 |
| Q1 2026 | $900,000 |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $14M |
| Q1 2025 | $10M |
| Q4 2024 | $4.4M |
| Q3 2024 | $29.2M |
PFGC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2026 | 2.9x | Moderate |
| Q1 2026 | 3.1x | Elevated |
| Q4 2025 | 3.2x | Elevated |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 3.5x | Elevated |
| Q1 2025 | 3.6x | Elevated |
| Q4 2024 | 4.0x | Elevated |
PFGC's net debt is about 2.9 years of its operating earnings (EBITDA), down from 3.5 years a year ago.
PFGC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.8 | Neutral |
| Stochastic | 60.3 | Neutral |
PFGC's weekly RSI is 62 (neutral) and its Stochastic is 60 (neutral).
PFGC PE vs Consumer Defensive Sector
| Metric | PFGC | Sector median | Relative |
|---|---|---|---|
| PE | 44x | 19x | 125% above |
| PE % | 62 | 18 | 44 pts above |
PFGC is trading at 44x earnings, a 125% premium to the Consumer Defensive sector's median of 19x.
PFGC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $98.7 | 11% above |
| 20 week MA | $103.3 | 6.5% above |
| 50 week MA | $97.4 | 13% above |
| 100 week MA | $93.9 | 17% above |
| 200 week MA | $80.5 | 37% above |
PFGC is in an uptrend: it's above all five of its weekly moving averages, and 37% above its 200-week average.
PFGC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.2 | $48.0 | -6.2% |
| 2021 | $48.0 | $45.2 | -5.9% |
| 2022 | $45.2 | $59.9 | +33% |
| 2023 | $59.9 | $69.2 | +15% |
| 2024 | $69.2 | $85.1 | +23% |
| 2025 | $85.1 | $91.8 | +7.9% |
| 2026 YTD | $91.8 | $110.0 | +20% |
PFGC has finished higher in four of the last six years. It's up 20% so far in 2026.