Provision for Credit Losses
Performance Food Group Provision for Credit Losses decreased by 48.3% to $4.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 31.3%, from $6.70M to $4.60M. Over 3 years (FY 2021 to FY 2025), Provision for Credit Losses shows an upward trend with a -1.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests management expects higher default rates or a deteriorating credit environment, while a decrease suggests improved borrower quality.
Detailed definition
This represents the non-cash expense set aside by a financial institution to cover potential losses from loans or credit...
Peer comparison
Common in banking and credit card issuers; peers adjust this based on macroeconomic forecasts and portfolio seasoning.
provision_for_credit_losses_cfHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$15.90M | $200.00K | $2.90M | $5.10M | $800.00K | $2.70M | $4.50M | $2.30M | $9.40M | $2.20M | $4.00M | $4.20M | $6.40M | $5.50M | $6.70M | $4.10M | $4.40M | $8.90M | $4.60M |
| QoQ Change | — | +101.3% | >999% | +75.9% | -84.3% | +237.5% | +66.7% | -48.9% | +308.7% | -76.6% | +81.8% | +5.0% | +52.4% | -14.1% | +21.8% | -38.8% | +7.3% | +102.3% | -48.3% |
| YoY Change | — | — | — | — | +105.0% | >999% | +55.2% | -54.9% | +248.1% | -51.1% | +73.9% | — | -31.9% | +150.0% | +67.5% | -2.4% | -31.3% | +61.8% | -31.3% |
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is Performance Food Group's provision for credit losses?
- Performance Food Group (PFGC) reported provision for credit losses of $4.60M in Q1 2026.
- How has Performance Food Group's provision for credit losses changed year-over-year?
- Performance Food Group's provision for credit losses decreased by 31.3% year-over-year, from $6.70M to $4.60M.
- What is the long-term trend for Performance Food Group's provision for credit losses?
- Over 3 years (2021 to 2025), Performance Food Group's provision for credit losses has grown at a -1.6% compound annual growth rate (CAGR), from -$23.80M to $22.70M.
- What does provision for credit losses mean?
- The amount of money a lender sets aside to cover expected losses from unpaid debts.