PPC PILGRIMS PRIDE CORP

Overview and Growth

PILGRIMS PRIDE CORP generated $18.50B of revenue in fiscal 2025, with net income of $1.08B and an operating cash inflow of $1.37B. The $18.50B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 3.5% above fiscal 2024 revenue of $17.88B, marking a year-over-year increase. Diluted earnings per share were $4.54, translating the period’s attributable earnings into the amount reported for each diluted share. The per-share result recorded a 0.7% decrease from fiscal 2024 diluted EPS of $4.57. Asset turnover was 1.79x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $2.36B as gross profit before recognizing operating expenses and other items. Gross profit represented 12.7% of revenue, showing how much of the top line remained after direct costs. Operating income was $1.61B, the earnings remaining from reported operations after the company’s recognized operating cost structure. Operating margin measured 8.7%, showing the portion of revenue preserved after the full set of operating costs. The bottom-line result was net income of $1.08B, after the operating, financing, tax, and other items recognized for the period. The final earnings result represented 5.9% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $1.50B, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Pretax income represented 8.1% of revenue, placing earnings before tax in the context of the company’s operating scale. The reported income-tax provision was $418.79M, the amount recognized between pretax income and the final net-income result. Relative to pretax income, the tax provision measured 27.9%, quantifying the portion of pre-tax earnings paid in income tax. Return on period-end equity was 29.3%, relating annual net income to the equity capital on the balance sheet. The net-income-to-assets relationship measured 10.5%, showing earnings relative to the full balance sheet.

Liquidity and Capital Structure

The company held $10.34B of assets against $6.65B of liabilities and $3.69B of equity, revealing how the asset base was financed. Current assets were $4.24B against $2.89B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 1.47x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Cash and equivalents totaled $640.24M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 22.2%, excluding receivables and other current assets. The liabilities-to-assets relationship was 64.3%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 6.2%, comparing reported cash and equivalents with the full positive asset balance. Compared with $10.65B in fiscal 2024, the current asset base moved 2.9% and finished lower.

Cash Flow and Earnings Quality

The company reported $1.37B of operating cash flow, a cash inflow that shows the cash generated by operations. The operating-cash-flow-to-net-income relationship was 1.27x, comparing cash generated by operations with the bottom-line earnings result. Capital expenditures used $718.50M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 52.4%, connecting investment intensity with the company’s cash-generation base. Free cash flow came to $653.15M, leaving a positive amount after capital expenditures. Free cash flow represented 3.5% of revenue, linking post-investment cash generation with the company’s operating scale. Free cash flow equaled 6.3% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 28, 2025. Analysis generated Sep 24, 2026.