Pilgrims Pride CorpPPC
What Pilgrims Pride Corp does.
Pilgrim’s Pride Corporation (referred to herein as “Pilgrim’s,” “PPC,” “the Company,” “we,” “us,” “our,” or similar terms) is primarily engaged in the production, processing, marketing and distribution of fresh, frozen and value-added chicken and pork products to retailers, distributors and foodservice operators. JBS S.A., through its indirect wholly-owned subsidiaries (together, “JBS”), beneficially owns 82.28% of our outstanding common stock.
We market our balanced portfolio of fresh, prepared and value-added meat products to a diverse set of customers across the U.S., the U.K. and Europe, Mexico and in over 120 other countries. Our sales efforts are largely targeted towards the foodservice industry, principally chain restaurants and food processors, such as Chick-fil-A® and retail customers, including grocery store chains and wholesale clubs, such as Kroger ® , Costco ® , Publix ® and H-E-B ® in the U.S., chain restaurants such as McDonald’s ® and grocery store chains such as Sainsbury’s, Tesco and Waitrose in the U.K. and Europe, and grocery store chains such as Wal-Mart ® in Mexico.
As a vertically integrated company, we are able to control nearly every phase of the production process, which helps us manage food safety and quality, control margins and improve customer service. Our plants are strategically located to ensure that customers timely receive fresh products. With our 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, we believe we are well-positioned to supply the growing demand for our products.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $12.1B | $14.8B | $17.5B | $17.4B | $17.9B | $18.5B |
| Net income | $94.8M | $31.0M | $745.9M | $321.6M | $1.1B | $1.1B |
| Free cash flow | $369.5M | -$55.2M | $182.8M | $120.1M | $1.5B | $1.1B |
More on PPC.
- Pilgrims Pride Corp summary
- Pilgrims Pride Corp financial statements
- Pilgrims Pride Corp key metrics
- Pilgrims Pride Corp health scores and style box
- Pilgrims Pride Corp earnings
- Pilgrims Pride Corp dividends
- Pilgrims Pride Corp valuation
- Pilgrims Pride Corp ownership and insiders
- Pilgrims Pride Corp peers
Figures from Pilgrims Pride Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.