OverviewSuggest Edit

Performance Food Group is a company that distributes food and food-related products. It has expertise in the areas of product selection and procurement, menu development, and operational strategy. The company serves different types of customers through each of its two segments. Its Foodservice segment offers food and food-related products to independent restaurants, chain restaurants, and other institutional 'food-away-from-home' locations. Its Vistar segment distributes to vending and office coffee service distributors, retailers, theaters, convenience stores, and hospitality providers, among others.

TypePublic
Founded1987
HQRichmond, VA, US
Websitepfgc.com
Employee Ratings3.1
Overall CultureA-

Latest Updates

Employees (est.) (Jun 2020)20,000(+12%)
Job Openings1,140
Revenue (FY, 2020)$25.1 B(+28%)
Share Price (Jul 2021)$47.7
Cybersecurity ratingCMore

Key People/Management at Performance Food Group

James Hope

James Hope

EVP, Chief Financial Officer
Patrick Hagerty

Patrick Hagerty

Executive Vice President of the Company and President and Chief Executive Officer of Vistar
Meredith Adler

Meredith Adler

Director
George L. Holm

George L. Holm

Chairman, President & CEO
Brent King

Brent King

SVP, General Counsel & Secretary
Craig Hoskins

Craig Hoskins

Executive Vice President of the Company and President & Chief Executive Officer of Foodservice
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Performance Food Group Office Locations

Performance Food Group has offices in Richmond, Augusta, Batesville, Bowling Green and in 47 other locations
Richmond, VA, US (HQ)
12500 W Creek Pkwy
Augusta, ME, US
20 Dalton Rd
Batesville, MS, US
506 Hwy 35 N
Bowling Green, KY, US
117 Mitch McConnell Way
Cairo, GA, US
211 Hall Rd
Cincinnati, OH, US
535 Shepherd Ave
Show all (56)

Performance Food Group Financials and Metrics

Performance Food Group Revenue

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View revenue for all periods
Performance Food Group's revenue was reported to be $25.09 b in FY, 2020 which is a 27.1% increase from the previous period.
USD

Revenue (Q3, 2021)

7.2b

Gross profit (Q3, 2021)

832.7m

Gross profit margin (Q3, 2021), %

11.6%

Net income (Q3, 2021)

(7.6m)

EBIT (Q3, 2021)

23.4m

Market capitalization (14-Jul-2021)

6.4b

Closing stock price (14-Jul-2021)

47.7

Cash (27-Mar-2021)

101.5m

EV

9.1b
Performance Food Group's current market capitalization is $6.4 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

17.6b19.7b25.1b

Revenue growth, %

12%27%

Cost of goods sold

15.3b17.2b22.2b

Gross profit

2.3b2.5b2.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

4.5b4.6b4.7b6.2b6.1b7.0b7.0b6.8b7.2b

Cost of goods sold

3.9b4.0b4.1b5.5b5.4b6.2b6.2b6.0b6.4b

Gross profit

593.6m614.6m604.7m711.4m711.2m807.5m815.5m811.1m832.7m

Gross profit Margin, %

13%13%13%11%12%12%12%12%12%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

7.5m14.7m420.7m

Accounts Receivable

1.1b1.2b1.3b

Prepaid Expenses

78.5m71.7m68.7m

Inventories

1.1b1.4b1.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

8.6m7.5m7.7m16.0m12.7m372.1m417.2m416.7m101.5m

Accounts Receivable

1.1b1.1b1.1b1.2b1.2b1.3b1.3b1.2b1.4b

Prepaid Expenses

70.2m51.9m60.7m55.2m62.2m106.3m79.6m89.4m

Inventories

1.1b1.1b1.1b1.4b1.3b1.8b1.5b1.5b1.5b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

198.7m166.8m(114.1m)

Depreciation and Amortization

130.1m155.0m276.3m

Inventories

(21.8m)(98.4m)101.7m

Accounts Payable

57.1m80.6m234.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

28.2m71.3m103.6m36.1m77.3m37.1m(700.0k)16.9m9.3m

Depreciation and Amortization

35.5m72.6m112.3m42.7m17.5m185.8m82.1m166.3m247.1m

Inventories

(54.0m)(73.8m)(61.3m)(54.3m)7.5m(160.7m)25.5m11.1m

Accounts Payable

66.4m(37.4m)67.4m57.4m(89.2m)7.7m(151.0m)(583.2m)(95.3m)
USDFY, 2018

EV/EBIT

19.7 x

EV/CFO

13.6 x

Revenue/Employee

1.2m

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.5 x

P/E Ratio

19.3
Show all financial metrics

Performance Food Group Operating Metrics

Sep, 2017FY, 2018FY, 2019FY, 2020

Customer Locations

150 k170 k200 k

Distribution Centers

767383109

Products

150 k160 k200 k

Suppliers

5 k5 k
Show all operating metrics

Performance Food Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Reinhart FoodserviceJuly 01, 2019
Eby-BrownMarch 19, 2019
AFFLINK Corporation ULC
AFFLINK Holding Corporation
AFFLINK, LLC
Continental Concession Supplies LLC
Eby Brown Company, LLC
Eby Brown Transportation, LLC
Foodservice Purchasing Group, LLC
Fox River Foods, Inc.
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Performance Food Group Revenue Breakdown

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Performance Food Group revenue breakdown by business segment: 65.8% from Foodservice, 32.8% from Vistar and 1.4% from Other

Performance Food Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Performance Food Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Performance Food Group Online and Social Media Presence

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Performance Food Group Company Culture

  • Overall Culture

    A-

    74/100

  • CEO Rating

    B+

    73/100

  • Compensation

    C+

    63/100

Learn more on Comparably

Performance Food Group News and Updates

Shareholder Alert: Ademi LLP investigates whether Core-Mark Holding Company, Inc. has obtained a Fair Price in its transaction with Performance Food Group Company

MILWAUKEE, May 18, 2021 /PRNewswire/ -- Ademi LLP is investigating Core-Mark (Nasdaq: CORE) for possible breaches of fiduciary duty and other violations of law in its transaction with Performance Food Group. Click here to learn how to join the action:...

Performance Food Group Frequently Asked Questions

  • When was Performance Food Group founded?

    Performance Food Group was founded in 1987.

  • Who are Performance Food Group key executives?

    Performance Food Group's key executives are James Hope, Patrick Hagerty and Meredith Adler.

  • How many employees does Performance Food Group have?

    Performance Food Group has 20,000 employees.

  • What is Performance Food Group revenue?

    Latest Performance Food Group annual revenue is $25.1 b.

  • What is Performance Food Group revenue per employee?

    Latest Performance Food Group revenue per employee is $1.3 m.

  • Who are Performance Food Group competitors?

    Competitors of Performance Food Group include Masan Group, Tate & Lyle and Bunzl.

  • Where is Performance Food Group headquarters?

    Performance Food Group headquarters is located at 12500 W Creek Pkwy, Richmond.

  • Where are Performance Food Group offices?

    Performance Food Group has offices in Richmond, Augusta, Batesville, Bowling Green and in 47 other locations.

  • How many offices does Performance Food Group have?

    Performance Food Group has 56 offices.