Performance Food Group (PFGC) FY2025 results: revenue $63.3 billion, up 8.6% on the year
Performance Food Group Co. (PFGC) reported revenue of $63.3 billion for fiscal 2025, the year ended 28 June 2025, up 8.6% on the year before. Net income was $340 million, down 22.0%, and diluted earnings per share $2.18. The figures are the company's own, from the 10-K it filed with the SEC on 13 August 2025.
Revenue
$63.3 billion
+8.6% on the year
FY2018FY2025
Operating margin
1.3%
1.4% a year earlier
FY2018FY2025
Net income
$340 million
-22.0% on the year
FY2018FY2025
Diluted EPS
$2.18
-21.9% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
1,210
1,163
832
+4.0%
Capital expenditure
506
396
270
+27.9%
Free cash flow
704
767
562
-8.2%
Free cash flow margin
1.1%
1.3%
1.0%
Cash from investing
-3,089
-683
-295
Cash from financing
1,938
-473
-536
Depreciation and amortisation
718
557
497
+29.0%
Share-based compensation
47.8
41.9
43.4
+14.1%
Buybacks
57.6
78.1
11.2
-26.2%
Diluted shares, weighted
156m
156m
156m
+0.3%
Shares outstanding at period end
155m
154m
154m
+0.5%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
4,472
4,127
3,746
+8.4%
Debt
5,389
3,198
3,460
+68.5%
Operating lease liabilities
901
819
629
+9.9%
Finance lease liabilities
1,380
703
447
+96.2%
Other liabilities
5,739
4,545
4,217
+26.3%
Total liabilities and equity
17,881
13,393
12,499
+33.5%
Fixed assets
4,459
2,788
2,264
+59.9%
Goodwill
3,480
2,418
2,301
+43.9%
Intangible assets
1,688
971
1,028
+73.9%
Cash and equivalents
78.5
20.0
12.7
+292.5%
Receivables
2,833
2,479
2,399
+14.3%
Inventory
3,888
3,315
3,390
+17.3%
Other assets
1,455
1,401
1,104
+3.8%
Total assets
17,881
13,393
12,499
+33.5%
10-K for the year ended 28 June 2025, filed 13 August 2025: the filing.