PILGRIM’S PRIDE CORPORATION

PPC ·Consumer Defensive, Packaged Foods, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $18.50B $17.88B $17.36B $17.47B $14.78B $12.09B $11.41B
Cost of Revenue $16.14B $15.57B $16.24B $15.66B $13.41B $11.25B $10.34B
Gross Profit $2.36B $2.31B $1.12B $1.81B $1.37B $838.2M $1.07B
Gross Margin 12.7% 12.9% 6.4% 10.4% 9.2% 6.9% 9.4%
Operating Expenses
Research & Development $17.9M $12.4M $5.7M $12.5M $5.1M $5.4M $5.1M
SG&A Expense $713.3M $713.3M $551.8M $604.7M $1.15B $592.6M $379.9M
Operating Income $1.61B $1.51B $522.3M $1.18B $211.2M $245.5M $690.6M
Operating Margin 8.7% 8.4% 3.0% 6.7% 1.4% 2.0% 6.1%
Interest Expense $161.4M $161.2M $202.3M $152.7M $145.8M $126.1M $132.6M
Pretax Income $1.50B $1.41B $365.2M $1.03B $92.4M $161.8M $617.5M
Income Tax Expense $418.8M $325.0M $42.9M $278.9M $61.1M $66.8M $161.0M
Net Income $1.08B $1.09B $321.6M $745.9M $31.0M $94.8M $455.9M
Net Margin 5.9% 6.1% 1.9% 4.3% 0.2% 0.8% 4.0%
EPS (Basic) $4.56 $4.58 $1.36 $3.11 $0.13 $0.39 $1.83
EPS (Diluted) $4.54 $4.57 $1.36 $3.10 $0.13 $0.39 $1.83
Shares Outstanding (Basic) 237.5M 237.4M 237.0M 236.7M 239.8M 243.7M 245.9M 249.4M
Shares Outstanding (Diluted) 237.5M 238.4M 237.8M 237.3M 240.4M 244.1M 246.1M 249.7M
Dividends Per Share
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