Performance Net Income vs Total Revenue Analysis
| PFGC Stock | USD 71.57 2.43 3.28% |
Performance Food financial indicator trend analysis is much more than just breaking down Performance Food prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Performance Food is a good investment. Please check the relationship between Performance Food Net Income and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Food Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Net Income vs Total Revenue
Net Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Performance Food Net Income account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Performance Food's Net Income and Total Revenue is 0.82. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Performance Food Group, assuming nothing else is changed. The correlation between historical values of Performance Food's Net Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Performance Food Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income i.e., Performance Food's Net Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Performance Food financial statement analysis. It represents the amount of money remaining after all of Performance Food Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Revenue
Total revenue comprises all receipts Performance Food generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Performance Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Performance Food current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Food Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At present, Performance Food's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.87, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.06.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 182.9M | 218M | 250.7M | 263.2M | Depreciation And Amortization | 485.4M | 496.7M | 571.2M | 599.8M |
Performance Food fundamental ratios Correlations
Click cells to compare fundamentals
Performance Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Performance Food fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 7.7B | 7.8B | 12.4B | 12.5B | 14.4B | 15.1B | |
| Short Long Term Debt Total | 3.0B | 3.0B | 5.0B | 4.7B | 5.5B | 5.7B | |
| Other Current Liab | 110.4M | 625M | 882.6M | 3.3B | 3.8B | 4.0B | |
| Total Current Liabilities | 2.6B | 2.5B | 3.6B | 3.6B | 4.1B | 4.3B | |
| Total Stockholder Equity | 2.0B | 2.1B | 3.3B | 3.7B | 4.3B | 4.5B | |
| Property Plant And Equipment Net | 1.9B | 2.0B | 2.8B | 3.0B | 3.4B | 3.6B | |
| Net Debt | 2.6B | 3.0B | 5.0B | 4.7B | 5.4B | 5.7B | |
| Retained Earnings | 316.6M | 357.3M | 469.8M | 867M | 997.1M | 1.0B | |
| Accounts Payable | 1.7B | 1.8B | 2.6B | 2.5B | 2.8B | 3.0B | |
| Cash | 420.7M | 11.1M | 11.6M | 12.7M | 14.6M | 13.9M | |
| Non Current Assets Total | 4.3B | 4.3B | 6.4B | 6.4B | 7.4B | 7.8B | |
| Non Currrent Assets Other | 74M | (87.8M) | (318M) | 130.5M | 117.5M | 123.3M | |
| Cash And Short Term Investments | 420.7M | 11.1M | 11.6M | 12.7M | 14.6M | 13.9M | |
| Net Receivables | 1.4B | 1.6B | 2.3B | 2.4B | 2.8B | 2.9B | |
| Good Will | 1.4B | 1.4B | 2.3B | 2.3B | 2.6B | 2.8B | |
| Common Stock Shares Outstanding | 113M | 133.4M | 151.3M | 156.1M | 179.5M | 188.5M | |
| Liabilities And Stockholders Equity | 7.7B | 7.8B | 12.4B | 12.5B | 14.4B | 15.1B | |
| Non Current Liabilities Total | 3.1B | 3.2B | 5.4B | 5.2B | 6.0B | 6.3B | |
| Inventory | 1.5B | 1.8B | 3.4B | 3.4B | 3.9B | 4.1B | |
| Other Current Assets | 68.7M | 100.3M | 240.4M | 227.8M | 262.0M | 275.1M | |
| Other Stockholder Equity | 1.7B | 1.8B | 2.8B | 2.9B | 3.3B | 3.5B | |
| Total Liab | 5.7B | 5.7B | 9.1B | 8.8B | 10.1B | 10.6B | |
| Property Plant And Equipment Gross | 1.9B | 2.0B | 2.8B | 3.0B | 3.4B | 3.6B | |
| Total Current Assets | 3.5B | 3.6B | 6.0B | 6.1B | 7.0B | 7.3B | |
| Short Term Debt | 222.3M | 125.7M | 190.9M | 208.1M | 239.3M | 251.3M | |
| Intangible Assets | 918.6M | 796.4M | 1.2B | 1.0B | 1.2B | 1.2B | |
| Other Assets | 91.5M | 85.9M | 123.3M | 130.5M | 150.1M | 157.6M | |
| Long Term Debt | 2.2B | 2.2B | 3.9B | 3.5B | 4.0B | 4.2B | |
| Property Plant Equipment | 1.9B | 2.0B | 2.8B | 3.0B | 3.4B | 3.6B | |
| Current Deferred Revenue | (33M) | 136.4M | 567.6M | (2.5B) | (2.2B) | (2.1B) | |
| Other Liab | 283M | 338.9M | 639.2M | 664.1M | 763.7M | 801.9M | |
| Accumulated Other Comprehensive Income | (10.3M) | (5.3M) | 11.4M | 14M | 16.1M | 16.9M | |
| Net Tangible Assets | (243.5M) | (45M) | (175.3M) | 416.1M | 478.5M | 502.4M | |
| Deferred Long Term Liab | 10.3M | 17.5M | 12.2M | 424.3M | 487.9M | 512.3M | |
| Long Term Debt Total | 1.3B | 2.2B | 2.2B | 3.9B | 4.5B | 4.7B | |
| Capital Surpluse | 866.7M | 1.7B | 1.8B | 2.8B | 3.2B | 3.4B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Performance Food offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Performance Food's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Performance Food Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Performance Food Group Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Food Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Performance Food information on this page should be used as a complementary analysis to other Performance Food's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Performance Stock analysis
When running Performance Food's price analysis, check to measure Performance Food's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Performance Food is operating at the current time. Most of Performance Food's value examination focuses on studying past and present price action to predict the probability of Performance Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performance Food's price. Additionally, you may evaluate how the addition of Performance Food to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Stocks Directory Find actively traded stocks across global markets |
Is Performance Food's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Performance Food. If investors know Performance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Performance Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Earnings Share 2.68 | Revenue Per Share 350.055 | Quarterly Revenue Growth 0.006 | Return On Assets 0.0402 |
The market value of Performance Food is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Food's value that differs from its market value or its book value, called intrinsic value, which is Performance Food's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Performance Food's market value can be influenced by many factors that don't directly affect Performance Food's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Performance Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Food's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.