Performance Food Group Company (PFGC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 615.9M | 601.2M | -145.2M | 383M | 448.1M | 325.5M | 53.5M | 206.3M | 402.7M | 466.9M | 87.1M | 174.9M | 232.7M | 108.6M | 315.9M | -114.1M | 236.8M | 122M | 31.8M | -108.5M |
| Operating CF Margin % | 3.78% | 3.66% | -0.85% | 2.26% | 2.93% | 2.08% | 0.35% | 1.36% | 2.91% | 3.27% | 0.58% | 1.18% | 1.69% | 0.78% | 2.15% | -0.78% | 1.81% | 0.95% | 0.31% | -1.17% |
| Operating CF Growth % | 37.45% | 84.7% | -371.4% | 85.65% | 11.27% | -30.28% | -38.58% | 17.95% | 73.06% | 329.93% | -72.43% | 253.29% | -1.73% | -10.98% | 893.4% | -5.16% | 19.9% | 13.38% | 124.09% | -117.9% |
| Net Income | 41.7M | 61.7M | 93.6M | 131.5M | 58.3M | 42.4M | 108M | 166.5M | 70.4M | 78.3M | 120.7M | 150.1M | 80.3M | 71.1M | 95.7M | 76M | 23.4M | 8.4M | 4.7M | 31.4M |
| Depreciation & Amortization | 205M | 199.9M | 195.4M | 195.6M | 186.9M | 182.5M | 152.9M | 144.8M | 139.3M | 143.3M | 129.3M | 127.5M | 124.8M | 125.2M | 119.2M | 123.5M | 124.1M | 116.5M | 98.7M | 91.8M |
| Stock-Based Compensation | 0 | -13M | 13M | 12.2M | 12.6M | 11.7M | 11.3M | 10.2M | 10M | 11M | 10.7M | 10.3M | 10.2M | 11.4M | 11.5M | 9.1M | 10.6M | 14.3M | 10M | 6.1M |
| Deferred Taxes | 22.4M | -20.4M | 20.4M | 1.6M | 15M | -1.6M | -15.2M | 16.1M | 9.1M | -800K | -13.7M | 14.6M | 3.9M | 16.1M | -14.6M | 8.6M | -1.9M | -1.6M | -300K | 17.6M |
| Other Non-Cash Items | 37.3M | -127.5M | 32.9M | 58.1M | 17M | 26.2M | 23.8M | 21.7M | 14.1M | 25M | 26.2M | -19.2M | 17.5M | 35.1M | 50.1M | 52.3M | 32.2M | 62.2M | -6.2M | -12.6M |
| Working Capital Changes | 309.5M | 500.5M | -500.5M | -16M | 158.3M | 64.3M | -227.3M | -153M | 159.8M | 210.1M | -186.1M | -108.4M | -4M | -150.3M | 54M | -383.6M | 48.4M | -77.8M | -75.1M | -242.8M |
| Change in Receivables | -122.9M | 13.4M | -100K | -106.6M | -133.5M | 16.9M | 53.8M | -115.6M | -81.9M | 47M | 39.5M | -93.2M | -109.7M | 67.1M | 29.2M | -98.3M | -140.1M | 166.8M | -76.8M | -180.9M |
| Change in Inventory | 218.7M | 142.9M | -551.8M | -215.2M | 203M | 17.2M | -342.9M | -219.5M | 224.5M | 163.3M | -130.6M | -113.6M | 80.4M | 23.3M | 66.8M | -410.9M | 84.5M | -304.7M | 48.7M | -297.8M |
| Change in Payables | 223.9M | -50.5M | 201.3M | 109.6M | 117.4M | -16.4M | 162.1M | 96.2M | 74.7M | -103.1M | 56.2M | -23.4M | 61.4M | -271.7M | 69.1M | 5.1M | 109M | 47.2M | 21.2M | 153.1M |
| Cash from Investing | -405.3M | -173.6M | -78M | -213.9M | -138.4M | -2.07B | -669.8M | -149.7M | -96.6M | -169.5M | -266.9M | -75.1M | -59.2M | -120.6M | -39.7M | -73.3M | -69.5M | -312.1M | -1.41B | -69.4M |
| Capital Expenditures | -83.2M | -113.4M | -78.9M | -173.3M | -128.8M | -107.4M | -96.5M | -151.2M | -97.3M | -93.9M | -53.2M | -92.5M | -79.1M | -58M | -40.1M | -74.7M | -72.3M | -44.1M | -24.4M | -69.9M |
| CapEx % of Revenue | 0.51% | 0.69% | 0.46% | 1.02% | 0.84% | 0.69% | 0.63% | 1% | 0.7% | 0.66% | 0.36% | 0.62% | 0.57% | 0.42% | 0.27% | 0.51% | 0.55% | 0.34% | 0.23% | 0.75% |
| Acquisitions | -322.1M | -59.5M | -1.5M | -43.5M | -17.4M | -1.96B | -574.3M | 200K | 200K | -93.5M | -214.6M | 100K | 1.9M | -65.8M | 0 | 600K | 0 | -268.5M | -1.38B | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -1 | -700K | 2.4M | 2.9M | 7.8M | 1.7M | 1M | 1.3M | 500K | 17.9M | 900K | 17.3M | 18M | 3.2M | 400K | 800K | 2.8M | 500K | 400K | 500K |
| Cash from Financing | -204M | -424.5M | 182.9M | -100.7M | -310.1M | 1.71B | 638.9M | -53M | -305.9M | -288.7M | 175M | -95.2M | -171.4M | 7.6M | -277.2M | 185.3M | -163.2M | 164.6M | 1.39B | 87.5M |
| Debt Issued (Net) | -221.3M | -174.6M | 188.8M | -88.1M | -320.8M | 1.72B | 698.3M | -53.5M | -319.4M | -238.5M | 221M | -97.6M | -170.4M | -6.7M | -268.2M | 179.3M | -160.6M | 157M | 1.42B | 77M |
| Equity Issued (Net) | 19M | -20.4M | 20.4M | -14.1M | -11.5M | -4.4M | -46.4M | 500K | -2.6M | -50.1M | -46.9M | -11.2M | -3.5M | 0 | -9.1M | -700K | -1.5M | -2.8M | -6.4M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -900K | 0 | 0 | -14.1M | -11.5M | -4.4M | -46.4M | 0 | -2.6M | -50.1M | -46.9M | -11.2M | -3.5M | 0 | -9.1M | -700K | -1.5M | -2.8M | -6.4M | 0 |
| Other Financing | -1.7M | -229.5M | -26.3M | 1.5M | 22.2M | -2.6M | -13M | 0 | 16.1M | -100K | 900K | 13.6M | 2.5M | 14.3M | 100K | 6.7M | -1.1M | 10.4M | -20.7M | 10.5M |
| Net Change in Cash | 4.9M | 3.1M | -40.3M | 68.4M | -400K | -31.6M | 22.6M | 3.6M | 200K | 8.7M | -4.8M | 4.6M | 2.1M | -4.4M | -1M | -2.1M | 4.1M | -25.5M | 20M | -90.4M |
| Free Cash Flow | 542.3M | 487.8M | -224.1M | 209.7M | 319.3M | 218.1M | -43M | 55.1M | 305.4M | 373M | 33.9M | 82.4M | 153.6M | 50.6M | 275.8M | -188.8M | 164.5M | 77.9M | 7.4M | -178.4M |
| FCF Margin % | 3.33% | 2.97% | -1.31% | 1.24% | 2.09% | 1.39% | -0.28% | 0.36% | 2.2% | 2.61% | 0.23% | 0.55% | 1.12% | 0.36% | 1.87% | -1.29% | 1.26% | 0.61% | 0.07% | -1.92% |
| FCF Growth % | 69.84% | 123.66% | -421.16% | 280.58% | 4.55% | -41.53% | -226.84% | -33.13% | 98.83% | 637.15% | -87.71% | 143.64% | -6.63% | -35.04% | 3627.03% | -5.83% | 1.79% | 19.11% | 104.28% | -132.49% |
| FCF per Share | 3.46 | 3.11 | -1.43 | 1.34 | 2.04 | 1.40 | -0.28 | 0.35 | 1.96 | 2.40 | 0.22 | 0.53 | 0.98 | 0.32 | 1.77 | -1.22 | 1.06 | 0.50 | 0.05 | -1.33 |
| FCF Conversion (FCF/Net Income) | 14.77x | 9.74x | -1.55x | 2.91x | 7.69x | 7.68x | 0.50x | 1.24x | 5.72x | 5.96x | 0.72x | 1.17x | 2.90x | 1.53x | 3.30x | -1.50x | 10.12x | 14.52x | 6.77x | -3.46x |
| Interest Paid | 0 | 0 | 112M | 84.1M | 114M | 82.8M | 63.5M | 68.7M | 51.1M | 71.2M | 51.1M | 65.7M | 47.8M | 63.4M | 41.6M | 50.6M | 37.4M | 52.6M | 11.8M | 0 |
| Taxes Paid | 0 | 0 | 2.2M | -111.1M | 27M | 83.1M | 1M | 40.1M | 28M | 92.4M | 16.6M | 21.5M | 7.5M | 83.4M | 21.7M | 5.7M | 400K | 2M | 600K | 0 |