PILGRIMS PRIDE CORP (PPC) has a current P/E ratio of 6.3, compared to its historical median P/E of 9.6. The stock is currently considered Fair based on its historical valuation range.
PILGRIMS PRIDE CORP (PPC) has a 5-year average return on invested capital (ROIC) of 14.3%. This indicates solid capital allocation.
PILGRIMS PRIDE CORP (PPC) has a market capitalization of $6.8B. It is classified as a mid-cap stock.
Yes, PILGRIMS PRIDE CORP (PPC) pays a dividend with a trailing twelve-month yield of 21.97%.
Based on historical P/E analysis, PILGRIMS PRIDE CORP (PPC) appears fair. The current P/E of 6.3 is 34% below its historical median of 9.6. The estimated fair value CAGR (P/E method) is 21.8%.
PILGRIMS PRIDE CORP (PPC) operates in the Poultry Slaughtering And Processing industry, within the Consumer Defensive sector.
PILGRIMS PRIDE CORP (PPC) reported annual revenue of $18.5 billion in its most recent fiscal year, based on SEC EDGAR filings.
Pilgrim's Pride Corporation is a vertically integrated producer and distributor of fresh, frozen, and value-added chicken and pork products serving foodservice, retail, and export markets across the U.S., U.K., Europe, Mexico, and over 120 other countries. The company operates three reportable segments—U.S., Europe, and Mexico—with a diversified product portfolio comprising fresh products (whole and cut-up chicken, case-ready chicken, pork cuts, and lamb), prepared foods (portion-controlled fillets, breaded products, deli meats, and cooked items), and exported products (whole chickens and parts for international distribution). As a vertically integrated operator controlling nearly every phase of production, Pilgrim's manages food safety, quality, and margins through a global network of approximately 4,500 growers, 36 feed mills, 50 hatcheries, 39 processing plants, 28 prepared foods cook plants, 38 distribution centers, 10 protein conversion facilities, and five pet food plants. The company's primary customers include major foodservice chains such as Chick-fil-A and McDonald's, and retail partners including Kroger, Costco, Publix, H-E-B, Sainsbury's, Tesco, and Waitrose. Pilgrim's benefits from chicken's relative affordability and nutritional attributes compared to competing proteins, with strategic plant locations enabling timely fresh product delivery and a business model that generates revenue through both commodity and value-added product sales across diverse geographies and customer channels.
【International market recovery and capacity expansion】 Management expects several international markets to reopen as highly pathogenic avian influenza occurrences have slowed, with previously restricted control zones no longer subject to limitations. The company anticipates strong export demand to remain well-diversified across markets, supported by chicken's relative affordability and emerging consumer preferences. Pilgrim's expects increased capacity coming online during the first half of 2026 to further enable growth, with prepared foods expansion projects in Veracruz, Merida, and the U.S. progressing on schedule and slated for initial production beginning in the first half of 2026. Management continues to focus on operational excellence, productivity improvements, and cost management amid macroeconomic volatility, with disciplined capital investment in high-return projects to support profitable growth and margin enhancement.
| Metric | Target | Period |
|---|---|---|
| Effective tax rate | approximately 25% | FY2026 |
| CapEx spending | $900 million to $950 million | FY2026 |
Effective tax rate (FY2026): “As such, for 2026, we anticipate our effective tax rate to approximate 25%.”
CapEx spending (FY2026): “Currently, we forecast 2026 CapEx spending to be between $900 million and $950 million as we progress through these and the other projects to support prepared foods growth previously noted by Fabio.”
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q4 FY2025 Earnings Call, Q3 FY2025 Earnings Call, Q2 FY2025 Earnings Call, Q1 FY2025 Earnings Call
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 18.6B | 18.5B | 17.9B | 17.4B | 17.5B | 14.8B |
| Net Income | 888M | 1.1B | 1.1B | 322M | 746M | 31M |
| EPS | $3.73 | $4.54 | $4.57 | $1.36 | $3.10 | $0.13 |
| Free Cash Flow | 530M | 653M | 1.5B | 120M | 183M | -55M |
| ROIC | 15.6% | 19.7% | 19.9% | 7.8% | 21.0% | 3.3% |
| Gross Margin | 11.6% | 12.7% | 12.9% | 6.4% | 10.4% | 9.2% |
| Debt/Equity | 0.83 | 0.91 | 0.82 | 1.08 | 1.23 | 1.40 |
| Dividends/Share | $0.00 | $6.30 | $0.00 | $0.00 | - | - |
| Operating Income | 1.4B | 1.6B | 1.5B | 522M | 1.2B | 211M |
| Operating Margin | 7.4% | 8.7% | 8.4% | 3.0% | 6.7% | 1.4% |
| ROE | 23.8% | 27.3% | 28.7% | 10.4% | 27.5% | 1.2% |
| Shares Outstanding | 239M | 238M | 238M | 236M | 241M | 238M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 8.6B | 8.8B | 9.9B | 10.8B | 10.9B | 11.4B | 12.1B | 14.8B | 17.5B | 17.4B | 17.9B | 18.5B | 18.6B |
| Gross Margin | 16.2% | 14.8% | 11.2% | 13.7% | 7.7% | 9.4% | 6.9% | 9.2% | 10.4% | 6.4% | 12.9% | 12.7% | 11.6% |
| R&D | 3.8M | 4.1M | 3.5M | 3.7M | 4.0M | 5.1M | 5.4M | 5.1M | 13M | 5.7M | 12M | 18M | 18M |
| SG&A | 189M | 232M | 311M | 390M | 343M | 380M | 593M | 1.1B | 605M | 552M | 713M | 713M | 760M |
| EBIT | 1.2B | 1.1B | 792M | 1.1B | 496M | 691M | 245M | 211M | 1.2B | 522M | 1.5B | 1.6B | 1.4B |
| Op. Margin | 14.0% | 12.1% | 8.0% | 10.0% | 4.5% | 6.1% | 2.0% | 1.4% | 6.7% | 3.0% | 8.4% | 8.7% | 7.4% |
| Net Income | 712M | 646M | 441M | 695M | 248M | 456M | 95M | 31M | 746M | 322M | 1.1B | 1.1B | 888M |
| Net Margin | 8.3% | 7.4% | 4.5% | 6.5% | 2.3% | 4.0% | 0.8% | 0.2% | 4.3% | 1.9% | 6.1% | 5.9% | 4.8% |
| Non-Recurring | 3.7M | 21M | 10.0M | 10M | 7.8M | 11M | 14M | 7.3M | 53M | 54M | 120M | 28M | 18M |
| Returns on Capital | |||||||||||||
| ROIC | 42.2% | 38.8% | 18.8% | 19.6% | 7.4% | 11.5% | 4.3% | 3.3% | 21.0% | 7.8% | 19.9% | 19.7% | 15.6% |
| ROE | 38.6% | 37.4% | 26.4% | 35.4% | 12.9% | 20.1% | 3.7% | 1.2% | 27.5% | 10.4% | 28.7% | 27.3% | 23.8% |
| ROA | 22.7% | 20.2% | 10.6% | 12.3% | 4.1% | 7.0% | 1.3% | 0.4% | 8.2% | 3.4% | 10.6% | 10.3% | 8.7% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 1.1B | 1.0B | 795M | 801M | 492M | 667M | 724M | 326M | 670M | 678M | 2.0B | 1.4B | 1.4B |
| Free Cash Flow | 895M | 830M | 454M | 461M | 143M | 318M | 369M | -55M | 183M | 120M | 1.5B | 653M | 530M |
| Owner Earnings | 906M | 844M | 558M | 526M | 204M | 369M | 387M | -66M | 260M | 251M | 1.5B | 886M | 887M |
| CapEx | 171M | 190M | 341M | 340M | 349M | 348M | 355M | 382M | 487M | 558M | 459M | 719M | 856M |
| Maint. CapEx | 156M | 174M | 232M | 272M | 274M | 287M | 337M | 381M | 403M | 420M | 434M | 456M | 470M |
| Growth CapEx | 16M | 16M | 109M | 68M | 75M | 61M | 18M | 847K | 84M | 138M | 25M | 262M | 386M |
| D&A | 156M | 174M | 232M | 272M | 274M | 287M | 337M | 381M | 403M | 420M | 434M | 456M | 470M |
| CapEx/OCF | 16.1% | 18.6% | 42.9% | 42.4% | 70.9% | 52.2% | 49.0% | 116.9% | 72.7% | 80.2% | 23.9% | 51.8% | 61.8% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 1.5B | 715M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.0B | 0 |
| Dividend Yield | N/A | 32.6% | 15.1% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 19.5% | N/A |
| Share Buybacks | 0 | 99M | 73K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | 2.2% | 0.0% | N/A | N/A | N/A | N/A | N/A | 4.1% | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 4.9M | 3.0M | 6.1M | 3.0M | 13M | 10M | 276K | 12M | 7.0M | 7.2M | 15M | 29M | 28M |
| Debt Repayment | 910M | 690M | 570M | 629M | 1.1B | 290M | 431M | 2.0B | 388M | 1.6B | 152M | 115M | 115M |
| Balance Sheet | |||||||||||||
| Net Debt | -572M | 575M | 1.1B | 2.1B | 2.0B | 2.4B | 2.0B | 3.2B | 3.1B | 2.9B | 1.4B | 2.7B | 2.6B |
| Cash & Equiv. | 576M | 440M | 293M | 582M | 338M | 261M | 548M | 428M | 401M | 698M | 2.0B | 640M | 542M |
| Long-Term Debt | 4.0M | 986M | 1.4B | 2.7B | 2.3B | 2.3B | 2.3B | 3.2B | 3.2B | 3.3B | 3.2B | 3.1B | 3.1B |
| Debt/Equity | 0.00 | 0.81 | 0.69 | 1.47 | 1.17 | 1.04 | 1.01 | 1.40 | 1.23 | 1.08 | 0.82 | 0.91 | 0.83 |
| Interest Coverage | 14.7 | 22.8 | 10.5 | 10.0 | 3.0 | 5.2 | 1.9 | 1.4 | 7.7 | 2.6 | 9.3 | 10.0 | 8.7 |
| Equity | 2.2B | 1.3B | 2.1B | 1.8B | 2.0B | 2.5B | 2.6B | 2.6B | 2.8B | 3.3B | 4.2B | 3.7B | 3.7B |
| Total Assets | 3.1B | 3.3B | 5.0B | 6.2B | 5.9B | 7.1B | 7.5B | 8.9B | 9.3B | 9.8B | 10.7B | 10.3B | 10.2B |
| Total Liabilities | 895M | 2.1B | 2.9B | 4.4B | 3.9B | 4.6B | 4.9B | 6.3B | 6.4B | 6.5B | 6.4B | 6.6B | 6.5B |
| Intangibles | 27M | 579M | 472M | 617M | 564M | 596M | 590M | 963M | 846M | 854M | 806M | 832M | 810M |
| Retained Earnings | 591M | -261M | -783M | 174M | 422M | 878M | 973M | 1.0B | 1.7B | 2.1B | 3.2B | 2.2B | 2.3B |
| Working Capital | 1.1B | 899M | 625M | 1.1B | 938M | 950M | 965M | 915M | 1.3B | 1.7B | 2.6B | 1.3B | 1.3B |
| Current Assets | 1.9B | 1.7B | 1.8B | 2.5B | 2.2B | 2.6B | 2.9B | 3.3B | 3.9B | 4.2B | 5.1B | 4.2B | 4.0B |
| Current Liabilities | 720M | 847M | 1.2B | 1.5B | 1.3B | 1.6B | 1.9B | 2.4B | 2.6B | 2.5B | 2.6B | 2.9B | 2.7B |
| Per Share Data | |||||||||||||
| EPS | 2.74 | 2.50 | 1.73 | 2.79 | 1.00 | 1.83 | 0.39 | 0.13 | 3.10 | 1.36 | 4.57 | 4.54 | 3.73 |
| Owner EPS | 3.49 | 3.27 | 2.19 | 2.11 | 0.82 | 1.48 | 1.59 | -0.28 | 1.08 | 1.06 | 6.48 | 3.72 | 3.72 |
| Book Value | 8.45 | 4.87 | 8.16 | 7.42 | 8.11 | 10.14 | 10.55 | 10.81 | 11.81 | 14.09 | 17.83 | 15.44 | 15.61 |
| Cash Flow/Share | 4.11 | 3.95 | 3.12 | 3.22 | 1.98 | 2.68 | 2.98 | 1.37 | 2.78 | 2.87 | 8.37 | 5.75 | 5.69 |
| Dividends/Share | 0.00 | 5.77 | 2.75 | 0.00 | 0.00 | N/A | N/A | N/A | N/A | 0.00 | 0.00 | 6.30 | 0.00 |
| Shares Out. | 259.7M | 258.4M | 254.6M | 249.0M | 247.9M | 249.1M | 243.0M | 238.5M | 240.6M | 236.5M | 237.7M | 238.4M | 238.6M |
| Valuation | |||||||||||||
| P/E Ratio | 8.0 | 6.8 | 9.2 | 9.6 | 13.2 | 15.3 | 42.9 | 182.4 | 6.5 | 17.2 | 8.5 | 8.8 | 7.7 |
| P/FCF | 6.3 | 5.3 | 8.9 | 14.4 | 22.9 | 21.9 | 11.0 | N/A | 26.4 | 46.0 | 6.0 | 14.5 | 12.9 |
| EV/EBIT | 4.2 | 4.7 | 6.6 | 8.2 | 10.7 | 9.8 | 14.5 | 23.1 | 3.5 | 15.6 | 4.8 | 5.5 | 6.9 |
| Price/Book | 2.6 | 3.5 | 2.0 | 3.6 | 1.6 | 2.8 | 1.6 | 2.2 | 1.7 | 1.7 | 2.2 | 2.6 | 1.8 |
| Price/Sales | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.6 | 0.4 |
| FCF Yield | 15.8% | 18.8% | 11.2% | 6.9% | 4.4% | 4.6% | 9.1% | -1.0% | 3.8% | 2.2% | 16.6% | 6.9% | 7.7% |
| Market Cap | 5.7B | 4.4B | 4.1B | 6.7B | 3.3B | 7.0B | 4.1B | 5.7B | 4.8B | 5.5B | 9.2B | 9.5B | 6.8B |
| Avg. Price | 16.42 | 17.77 | 18.57 | 21.74 | 18.00 | 22.33 | 16.57 | 21.00 | 22.94 | 20.42 | 33.27 | 42.92 | 28.68 |
| Year-End Price | 21.82 | 17.09 | 15.95 | 26.78 | 13.21 | 27.93 | 16.74 | 23.71 | 20.03 | 23.36 | 38.90 | 39.82 | 28.68 |
PILGRIMS PRIDE CORP passes 6 of 9 quality checks, suggesting mixed fundamentals.
PILGRIMS PRIDE CORP trades at 6.3x trailing earnings, compared to its 15-year median P/E of 9.6x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 10.3x vs a median of 14.5x. The company's 5-year average ROIC is 14.3% with a gross margin of 10.3%. Total shareholder yield (dividends) is 22.0%. At current prices, the estimated annualized return to fair value is +25.8%.
PILGRIMS PRIDE CORP (PPC) has a net profit margin of 5.9%. This is a modest margin.
PILGRIMS PRIDE CORP (PPC) generated $653 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
PILGRIMS PRIDE CORP (PPC) has a debt-to-equity ratio of 0.91. This indicates moderate leverage.
PILGRIMS PRIDE CORP (PPC) reported earnings per share (EPS) of $4.54 in its most recent fiscal year.
PILGRIMS PRIDE CORP (PPC) has a return on equity (ROE) of 27.3%. This indicates the company generates strong returns for shareholders.
PILGRIMS PRIDE CORP (PPC) has a 5-year average gross margin of 10.3%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 17 years of financial data for PILGRIMS PRIDE CORP (PPC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
PILGRIMS PRIDE CORP (PPC) has a book value per share of $15.44, based on its most recent annual SEC filing.
Based on recent SEC filings and earnings disclosures, Management expects several international markets to reopen as highly pathogenic avian influenza occurrences have slowed, with previously restricted control zones no longer subject to limitations. The company anticipates strong export demand to remain well-diversified across markets, supported by chicken's relative affordability and emerging consumer preferences. Pilgrim's expects increased capacity coming online during the first half of 2026 to further enable growth, with prepared foods expansion projects in Veracruz, Merida, and the U.S. progressing on schedule and slated for initial production beginning in the first half of 2026. Management continues to focus on operational excellence, productivity improvements, and cost management amid macroeconomic volatility, with disciplined capital investment in high-return projects to support profitable growth and margin enhancement.
Based on recent SEC filings and earnings calls, PILGRIMS PRIDE CORP (PPC) has provided the following forward guidance: Effective tax rate: approximately 25% (FY2026); CapEx spending: $900 million to $950 million (FY2026).
No recent press releases.