Performance Food Group Co (PFGC) Form 10-K — Aug 12, 2026

$PFGCForm 10-KFiled Aug 12, 2026, 4:16 PM ET0001193125-26-346886Original filing

Performance Food Group filed its fiscal 2026 Form 10-K, reporting net sales of $67.8 billion, up 7.2% year over year, driven by organic case growth, the Cheney Brothers acquisition, and roughly 4.5% product cost inflation. Net income rose 5.6% to $359.3 million (diluted EPS $2.29) and Adjusted EBITDA climbed 9.2% to $1.93 billion, as gross profit grew 9.1% to $8.1 billion on strength in independent restaurant cases, which grew 5.9% organically. The balance sheet carries $6.8 billion of total indebtedness including finance leases, with $2.9 billion of ABL Facility availability; interest expense rose 15.4% to $413.7 million and the company has no current plans to pay dividends.

Key figures

Eps: $2.29 diluted ($2.30 basic) vs. $2.18 diluted in FY2025
Revenue: $67,839.5 million (FY2026, 52 weeks ended June 27, 2026)
Net Income: $359.3 million (+5.6% vs. $340.2 million in FY2025)
Total Debt: $6.8 billion of indebtedness including finance lease obligations as of June 27, 2026
Revenue Yoy: +7.2% vs. FY2025 net sales of $63,298.9 million
Interest Rate: 0
Shares Outstanding: 157533032
Employees: over 44,000 associates; approximately 2,800 union members
Abl availability: $2.9 billion after $160.3 million letters of credit and $137.2 million lenders' reserves
Total case growth: +5.1%
Customer locations: over 350,000
Gross profit fy2026: $8,090.6 million (+9.1% YoY)
Organic case growth: +2.8%
Distribution centers: 154
Adjusted ebitda fy2026: $1,929.4 million (+9.2% vs. $1,766.9 million FY2025)
Interest expense fy2026: $413.7 million (+15.4% YoY)
Operating profit fy2026: $887.5 million (+8.7% YoY)
Share repurchase program: $500 million authorized May 27, 2025 (expires May 27, 2029); $498.5 million remaining as of June 27, 2026
Effective tax rate fy2026: 26.0% vs. 25.8% prior year
Non affiliate market value: $11,771,720,185 as of December 26, 2025
Five year stock performance: $100 invested grew to $230 vs. $182 for the S&P 500 (fiscal 2021-2026)
Product cost inflation fy2026: approximately 4.5%
Organic independent case growth: +5.9%

Price after filing

1 day: -8.2%7 days: -9.2%30 days: -17.4%

Close on the filing date to close N calendar days later (from $113.79). Historical, not a forecast.

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