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Pilgrim's Pride Corporation PPC Supplier Finance Program Obligations

Supplier Finance Program Obligations at other companies

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Tyson FoodsTSN
5,200,000,000%+700,000,000pp

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$6.33B-46.0%
Enterprise value$9.14B-35.8%
P/E7.1×-2.3×
P/S0.3×-0.3×

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:SupplierFinanceProgramObligation.

The source filing: Pilgrim's Pride Corporation’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 8:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000802481-26-000030

The Company maintains supplier finance programs, under which we agree to pay for invoices that are confirmed as valid under the program from participating suppliers to a financing entity. Maturity dates are generally between 65-120 days and we pay either the supplier or the financing entity depending on the supplier’s election. We do not have an economic interest in a supplier's participation in the program or a direct financial relationship with the financial institution funding the program. As of March 29, 2026 and December 28, 2025, the outstanding balance of confirmed invoices was $217.5 million and $209.4 million respectively and are included in Accounts Payable in the Consolidated Balance Sheets.

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Pilgrim's Pride Corporation's supplier finance program obligations?
Pilgrim's Pride Corporation (PPC) reported supplier finance program obligations of $217.5M in Q1 2026.
How has Pilgrim's Pride Corporation's supplier finance program obligations changed year-over-year?
Pilgrim's Pride Corporation's supplier finance program obligations increased by 7.2% year-over-year, from $202.8M to $217.5M.
What is the long-term trend for Pilgrim's Pride Corporation's supplier finance program obligations?
Over 3 years (2022 to 2025), Pilgrim's Pride Corporation's supplier finance program obligations has grown at a -4.4% compound annual growth rate (CAGR), from $239.6M to $209.4M.

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