Pilgrim's Pride Corporation
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.56B | $4.36B | $4.53B | $4.36B | $4.31B | $4.17B | $4.13B | $4.47B |
| Cost of Revenue | $3.87B | $3.98B | $4.21B | $4.01B | $4.03B | $3.99B | $4.03B | $3.97B |
| Gross Profit | $691.6M | $383.9M | $321.0M | $345.9M | $278.4M | $173.0M | $95.8M | $497.3M |
| Gross Margin | 15.2% | 8.8% | 7.1% | 7.9% | 6.5% | 4.2% | 2.3% | 11.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $214.2M | $119.1M | $131.1M | $138.6M | $148.4M | $133.7M | $142.8M | $158.1M |
| Operating Income | $440.8M | $250.3M | $184.3M | $206.4M | $100.3M | $31.3M | $-77.5M | $339.2M |
| Operating Margin | 9.7% | 5.7% | 4.1% | 4.7% | 2.3% | 0.8% | -1.9% | 7.6% |
| Interest Expense | $31.2M | $41.2M | $66.8M | $45.6M | $47.2M | $42.7M | $41.4M | $36.9M |
| Pretax Income | $427.2M | $227.0M | $156.6M | $166.1M | $45.7M | $-3.2M | $-129.8M | $324.7M |
| Income Tax Expense | $100.7M | $52.1M | $22.4M | $44.6M | $-15.2M | $-8.8M | $25.3M | $65.7M |
| Net Income | $326.3M | $174.4M | $134.7M | $121.3M | $60.5M | $5.2M | $-155.0M | $258.4M |
| Net Margin | 7.2% | 4.0% | 3.0% | 2.8% | 1.4% | 0.1% | -3.8% | 5.8% |
| EPS (Basic) | $1.38 | $0.74 | $0.57 | $0.51 | $0.26 | $0.02 | $-0.63 | $1.08 |
| EPS (Diluted) | $1.37 | $0.73 | $0.58 | $0.51 | $0.25 | $0.02 | $-0.63 | $1.08 |
| Shares Outstanding (Basic) | 236.9M | 236.8M | 236.7M | 236.8M | 236.7M | 236.6M | 239.8M | 238.6M |
| Shares Outstanding (Diluted) | 237.7M | 237.5M | 237.3M | 237.3M | 237.2M | 237.2M | 240.4M | 239.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |