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Pilgrim's Pride Corporation PPC Change in Income Taxes

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Other financials

Income statement

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Revenue$4.5B+1.6%
Gross profit$345.5M-37.7%
Operating income$162.6M-59.8%
Net income$101.4M-65.7%
EPS (diluted)$0.43-65.3%

Balance sheet

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Cash & equivalents$542.4M-73.9%
Total debt$3.3B-3.0%
Total equity$3.7B+18.8%
Total assets$10.2B-6.9%

Cash flow

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Operating cash flow$140.8M+11.0%
CapEx$145.7M-0.5%
Free cash flow-$293.4M-302%

Valuation

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Market cap$6.5B-30.6%
Enterprise value$9.31B-17.6%
P/E7.3×-0.4×
P/S0.4×-0.2×

Profitability

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Gross margin11.6%-2.2pp
Operating margin7.4%-1.8pp
Net margin4.8%-1.9pp
FCF margin2%

Returns & leverage

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Return on equity25.9%-10.6pp
Debt / equity0.9×-0.2×
Current ratio1.5×+0.1×

Where this comes from

Reported directly by Pilgrim's Pride Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInIncomeTaxes.

The official record: Pilgrim's Pride Corporation’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Pilgrim's Pride Corporation's change in income taxes?
Pilgrim's Pride Corporation (PPC) reported change in income taxes of $18.02M in Q1 2026.
How has Pilgrim's Pride Corporation's change in income taxes changed year-over-year?
Pilgrim's Pride Corporation's change in income taxes decreased by 65.3% year-over-year, from $51.89M to $18.02M.
What is the long-term trend for Pilgrim's Pride Corporation's change in income taxes?
Over 2 years (2022 to 2024), Pilgrim's Pride Corporation's change in income taxes has grown at a -12.4% compound annual growth rate (CAGR), from -$142.46M to $109.37M.
What does change in income taxes mean?
Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.