Performance Food Group (PFGC) AI Stock Analysis

• Market Cap: $15.48B
• Dividend Yield: N/A
• Average Volume (3M): 1.06M
• Price to Earnings (P/E): 47.5
• Beta (1Y): 0.80
• Revenue Growth: 10.55%
• EPS Growth: -23.38%
• Country: US
• Employees: 36,630
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Distribution
• EPS (TTM): 1.18
• Shares Outstanding: 156,812,130
• 10 Day Avg. Volume: 1,324,999
• 30 Day Avg. Volume: 1,057,051
• 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: 1.59
• Enterprise Value/Revenue: 0.38
• Enterprise Value/Gross Profit: 3.21
• Enterprise Value/Ebitda: 15.49
• 1Y Price Target: $119.00
• Price Target Upside: 20.53% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): 5
• Revenue Forecast (FY): $67.63B

• Rating: 63 Neutral
• Price Target: $102.00 ▲(3.31% Upside)

Performance Food Group's overall score reflects strong earnings call results and steady financial performance, offset by technical indicators suggesting bearish momentum and high valuation concerns. The company's operational challenges and high leverage also pose risks that need to be addressed.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand and effective market strategies, enhancing long-term business sustainability.

Market Expansion

Expansion into new locations and partnerships strengthens market presence and diversifies revenue streams, supporting future growth.

Gross Margin Expansion

Improved gross margins reflect efficient cost management and strategic pricing, enhancing profitability and competitive positioning.

Negative Factors

High Leverage

High leverage can increase financial risk, limit flexibility, and impact the company's ability to invest in growth opportunities.

Declining Free Cash Flow

Decreasing free cash flow may constrain investment capacity and affect the company's ability to manage debt effectively.

Operational Challenges

Operational inefficiencies can erode margins and profitability, necessitating strategic adjustments to maintain competitiveness.

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 a risk to financial stability, 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	64.96B	63.30B	58.28B	57.25B	50.89B	30.40B
Gross Profit	7.67B	7.42B	6.58B	6.25B	5.26B	3.53B
EBITDA	1.59B	1.54B	1.39B	1.26B	812.80M	546.00M
Net Income	325.80M	340.20M	435.90M	397.20M	112.50M	40.70M
Balance Sheet
Total Assets	18.35B	17.88B	13.39B	12.50B	12.38B	7.85B
Cash, Cash Equivalents and Short-Term Investments	38.10M	78.50M	20.00M	12.70M	11.60M	11.10M
Total Debt	8.30B	8.00B	4.98B	4.74B	5.00B	3.00B
Total Liabilities	13.78B	13.41B	9.27B	8.75B	9.08B	5.74B
Stockholders Equity	4.57B	4.47B	4.13B	3.75B	3.30B	2.11B
Cash Flow
Free Cash Flow	523.00M	704.10M	767.40M	562.40M	61.00M	-124.20M
Operating Cash Flow	1.01B	1.21B	1.16B	832.10M	276.50M	64.60M
Investing Cash Flow	-2.50B	-3.09B	-682.70M	-294.60M	-1.86B	-199.80M
Financing Cash Flow	1.48B	1.94B	-472.60M	-536.20M	1.58B	-274.40M

Performance Food Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 98.73
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PFGC, the sentiment is Neutral. The current price of 98.73 is below the 20-day moving average (MA) of 99.60, below the 50-day MA of 102.16, and above the 200-day MA of 90.87, indicating a neutral trend. The MACD of -1.51 indicates Positive momentum. The RSI at 47.08 is Neutral, neither overbought nor oversold. The STOCH value of 55.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PFGC.

Performance Food Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SYY	71 Outperform	$36.00B	20.14	84.89%	2.79%	2.92%	-4.06%
USFD	65 Neutral	$16.38B	30.58	12.29%	―	4.80%	3.49%
CHEF	64 Neutral	$2.54B	36.06	14.12%	―	8.88%	54.12%
PFGC	63 Neutral	$15.48B	47.46	7.42%	―	10.55%	-23.38%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
SPTN	58 Neutral	―	―	―	―	1.54%	-134.75%
UNFI	52 Neutral	$2.26B	―	-7.39%	―	2.60%	-3.23%

Performance Food Group Corporate Events

Performance Food Group Reports Strong Q1 2026 Growth

Performance Food Group Company (PFG) is a leading food and foodservice distribution company in North America, known for delivering quality food and related products to a wide range of clients including restaurants, schools, and healthcare facilities.

Performance Food Group Co. Reports Strong Start to FY 2026

Performance Food Group Co. (PFG) commenced fiscal year 2026 on a high note, showcasing robust growth across its various operating segments. The earnings call reflected an optimistic sentiment, bolstered by the company’s decision to raise its sales guidance for the fiscal year. However, challenges persist in certain Specialty and Foodservice areas, alongside a recent slowdown in independent restaurant growth.

Performance Food Group Announces Board Appointment Agreement

On September 23, 2025, Performance Food Group Company announced a Cooperation Agreement with Sachem Head Capital Management, resulting in the appointment of Scott D. Ferguson to its Board of Directors. This agreement, which includes standstill and voting commitments, aims to enhance shareholder value and reflects the company’s openness to fresh perspectives, potentially impacting its strategic direction and governance.

The most recent analyst rating on (PFGC) stock is a Buy with a $118.00 price target. To see the full list of analyst forecasts on Performance Food Group stock, see the PFGC Stock Forecast page.

Performance Food Group Enters Clean Team Agreement

On September 15, 2025, Performance Food Group entered into a clean team agreement with US Foods Holding Corp. to share confidential information for evaluating a potential business combination. This collaboration aims to explore regulatory considerations and synergies, with the involvement of independent advisors. However, there is no assurance of a transaction proposal or its outcome, and further comments will be withheld unless a definitive agreement is reached.

The most recent analyst rating on (PFGC) stock is a Buy with a $118.00 price target. To see the full list of analyst forecasts on Performance Food Group stock, see the PFGC Stock Forecast page.

Performance Food Group Co. Shines in 2025 Earnings Call

Performance Food Group Co. (PFG) recently held its earnings call, showcasing a strong financial performance for fiscal 2025. The sentiment during the call was largely positive, with the company achieving significant revenue and profit milestones. However, challenges such as declining restaurant traffic and competitive pressures in certain segments were noted, slightly tempering the overall outlook. Despite these hurdles, PFG’s strategic initiatives, including sales force expansion and acquisitions, provide optimism for future growth.

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.

The most recent analyst rating on (PFGC) stock is a Buy with a $118.00 price target. To see the full list of analyst forecasts on Performance Food Group stock, see the PFGC Stock Forecast page.

Performance Food Group Co. Faces Challenges from Activist Shareholders and Unsolicited Bids

Performance Food Group Co. faces potential risks from activist shareholders and unsolicited bids, which could lead to significant expenses and disrupt their business strategy. Activist shareholders might push for changes in operations, governance, or management, and could engage in proxy solicitations or shareholder proposals to influence the company’s board and management. Additionally, unsolicited bids, such as the interest expressed by US Foods Holding Corp. in exploring a business combination, could impact employee retention and partnerships, while causing stock price volatility due to speculative market perceptions. These factors may divert management’s attention and resources, potentially affecting the company’s long-term prospects.

Performance Food Group Reports Strong Sales Growth

Performance Food Group Company (PFG) is a leading food and foodservice distribution company in North America, providing quality food and related products to a wide range of customers including restaurants, schools, and retail outlets. The company is headquartered in Richmond, Virginia, and operates over 150 locations across the continent.