Performance Food Group (PFGC) AI Stock Analysis

• Market Cap: $16.50B
• Dividend Yield: N/A
• Average Volume (3M): 1.76M
• Price to Earnings (P/E): 48.3
• Beta (1Y): 0.86
• Revenue Growth: 8.61%
• EPS Growth: -22.16%
• Country: US
• Employees: 36,630
• Sector: Consumer Defensive
• Sector Strength: 44
• Industry: Food Distribution
• EPS (TTM): 1.55
• Shares Outstanding: 156,519,100
• 10 Day Avg. Volume: 1,429,296
• 30 Day Avg. Volume: 1,764,513
• PEG Ratio: -1.81
• Price to Book (P/B): 3.03
• Price to Sales (P/S): 0.21
• P/FCF Ratio: 19.23
• Enterprise Value/Market Cap: 1.31
• Enterprise Value/Revenue: 0.34
• Enterprise Value/Gross Profit: 2.91
• Enterprise Value/Ebitda: 14.08
• 1Y Price Target: $116.44
• Price Target Upside: 10.90% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10

• Rating: 74 Outperform
• Price Target: $118.00 ▲(12.38% Upside)

Performance Food Group's strong technical indicators and positive earnings call sentiment are the primary drivers of its score. However, high leverage and valuation concerns slightly offset these strengths. The company is on a positive trajectory, but needs to address profitability and leverage to enhance its financial stability.

Positive Factors

Financial Performance

PFGC is targeting $73-75b in total revenues by F28, implying 5%+ growth CAGR, with management appearing highly confident in accelerated growth in Convenience and Vistar/Specialty, on top of strong momentum in foodservice.

Growth Strategy

PFGC's decentralized operating structure supports an outlook for continued market share gains and high-quality EBITDA growth.

Operational Improvements

Strong margin expansion outlook the next 3 years to support 11%+ EBITDA growth CAGR, with newly announced $100-125m procurement savings and benefits from recent acquisition synergies and operational improvements.

Negative Factors

Acquisition Risks

There are concerns about potential integration risk with recent acquisitions and a more modest return profile, contributing to a Neutral rating.

Competitive Positioning

There is a preference for US Foods as the pure-play operator and Chefs' Warehouse with its niche positioning over PFGC, leaving a Neutral stance on PFGC shares.

Performance Food Group Business Overview & Revenue Model

Company Description

Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products. It also sells disposables, cleaning and kitchen supplies, and related products. In addition, the company offers value-added services, such as product selection and procurement, menu development, and operational strategy. It serves independent and chain restaurants, schools, business and industry locations, hospitals, vending distributors, office coffee service distributors, retailers, convenience stores, theaters, hospitality providers, concessionaires, airport gift shops, college bookstores, corrections facilities, and impulse locations, as well as franchises and other institutional customers. Performance Food Group Company was founded in 1885 and is headquartered in Richmond, Virginia.

How the Company Makes Money

Performance Food Group generates revenue primarily through the distribution of food and food-related products to a vast network of customers in the foodservice sector. The company's revenue model is built on several key streams: first, it earns significant income from the sale of food products to restaurants, schools, and institutions, focusing on both bulk and specialty items. Second, PFGC also generates revenue through its private label offerings, which often provide higher margins compared to national brands. Additionally, the company benefits from value-added services, such as supply chain management and logistics, which enhance customer relationships and drive repeat business. Strategic partnerships with suppliers and manufacturers further bolster its product offerings and competitive positioning, allowing PFGC to maintain steady revenue growth in a highly competitive market.

Performance Food Group Financial Statement Overview

Summary

Performance Food Group shows solid revenue growth and operational efficiency with stable EBIT and EBITDA margins. However, high leverage poses risks, and there is room for improvement in profitability and cash flow efficiency.

Income Statement

Performance Food Group has demonstrated consistent revenue growth over the years, with a notable increase in gross profit margins. However, the net profit margin remains relatively low, indicating room for improvement in cost management. The EBIT and EBITDA margins have shown stability, reflecting operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is relatively high, suggesting a leveraged position, which could pose risks if not managed carefully. Return on equity has been moderate, indicating decent profitability for shareholders. The equity ratio shows a stable capital structure, but the high leverage remains a concern.

Cash Flow

Operating cash flow has been strong, with a positive trend in free cash flow growth. The free cash flow to net income ratio indicates effective cash generation relative to earnings. However, the operating cash flow coverage ratio suggests that there is room for improvement in cash flow efficiency.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	63.30B	63.30B	58.28B	57.25B	50.89B	30.40B
Gross Profit	7.42B	7.42B	6.58B	6.25B	5.26B	3.53B
EBITDA	1.54B	1.54B	1.39B	1.26B	812.80M	546.00M
Net Income	340.20M	340.20M	435.90M	397.20M	112.50M	40.70M
Balance Sheet
Total Assets	17.88B	17.88B	13.39B	12.50B	12.38B	7.85B
Cash, Cash Equivalents and Short-Term Investments	78.50M	78.50M	20.00M	12.70M	11.60M	11.10M
Total Debt	8.00B	8.00B	4.98B	4.74B	5.00B	3.00B
Total Liabilities	13.41B	13.41B	9.27B	8.75B	9.08B	5.74B
Stockholders Equity	4.47B	4.47B	4.13B	3.75B	3.30B	2.11B
Cash Flow
Free Cash Flow	704.10M	704.10M	767.40M	562.40M	61.00M	-124.20M
Operating Cash Flow	1.21B	1.21B	1.16B	832.10M	276.50M	64.60M
Investing Cash Flow	-3.09B	-3.09B	-682.70M	-294.60M	-1.86B	-199.80M
Financing Cash Flow	1.94B	1.94B	-472.60M	-536.20M	1.58B	-274.40M

Performance Food Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 105.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PFGC, the sentiment is Positive. The current price of 105 is above the 20-day moving average (MA) of 101.74, above the 50-day MA of 98.37, and above the 200-day MA of 87.63, indicating a bullish trend. The MACD of 1.93 indicates Negative momentum. The RSI at 61.48 is Neutral, neither overbought nor oversold. The STOCH value of 84.05 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PFGC.

Performance Food Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PFGC	74 Outperform	$16.50B	48.28	7.91%	―	8.61%	-22.16%
SYY	74 Outperform	$39.00B	21.85	99.08%	2.54%	3.21%	-4.03%
CHEF	73 Outperform	$2.61B	40.02	13.64%	―	7.90%	68.05%
USFD	71 Outperform	$17.62B	33.37	11.48%	―	5.32%	11.65%
UNFI	66 Neutral	$1.74B	―	-4.11%	―	6.62%	53.12%
Sector *	62 Neutral	$20.49B	14.73	-2.69%	3.15%	1.98%	-5.13%
SPTN	58 Neutral	$907.40M	2,245.98	-2.08%	3.26%	1.54%	-134.75%

Performance Food Group Corporate Events

Performance Food Group Announces Executive Retirement Plan

On August 19, 2025, Performance Food Group announced that Craig H. Hoskins, its Executive Vice President and Chief Development Officer, will retire on January 5, 2026, but will continue to serve as a consultant until December 31, 2026. The company has outlined a Letter Agreement detailing Mr. Hoskins’ compensation and benefits during his consultancy, including a $350,000 payment, equity awards, and health benefits, while imposing confidentiality and non-competition covenants for 18 months post-consultancy.