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Pilgrim's Pride Corporation PPC Accretion of discount related to Senior Notes

Accretion of discount related to Senior Notes at other companies

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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 ppc:AmortizationOfDebtDiscount.

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 accretion of discount related to senior notes?
Pilgrim's Pride Corporation (PPC) reported accretion of discount related to senior notes of $584K in Q1 2026.
How has Pilgrim's Pride Corporation's accretion of discount related to senior notes changed year-over-year?
Pilgrim's Pride Corporation's accretion of discount related to senior notes decreased by 3.9% year-over-year, from $608K to $584K.
What is the long-term trend for Pilgrim's Pride Corporation's accretion of discount related to senior notes?
Over 3 years (2022 to 2025), Pilgrim's Pride Corporation's accretion of discount related to senior notes has grown at a 11.5% compound annual growth rate (CAGR), from $1.72M to $2.38M.
What does accretion of discount related to senior notes mean?
This represents the non-cash adjustment to interest expense resulting from the amortization of the discount on long-term debt obligations. It reflects the gradual increase in the carrying value of debt instruments toward their face value over the life of the security. Investors monitor this to understand the non-cash components impacting net income and the effective interest cost of the company's debt structure.