# Pilgrim's Pride Corporation (PPC)

**Exchange:** NASDAQ  
**Sector:** Consumer Defensive  
**Market cap:** $7.04B  
**Price:** $29.66 (+0.54%)

> Pilgrim's Pride Corporation is the second-largest poultry producer in the United States, serving as a major integrated chicken and pork processor. The company produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators across the United States, Europe, and Mexico. Its product portfolio includes refrigerated whole or cut-up chicken, marinated and non-marinated chicken parts, primary pork cuts, prepared pork products, and lamb. In the US market, the company primarily offers fresh chicken products, while its UK and European operations—which include pork products from the 2019 Tulip acquisition—focus on prepared chicken and pork offerings. Pilgrim's Pride operates an integrated business model, controlling production from breeding through distribution. The company maintains a significant presence in multiple geographies, with the US representing the largest portion of sales, followed by operations in Europe and Mexico. Its customers span chain restaurants, food processors, food distributors, and retail chains.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $18.50B | $2.36B | $1.64B | $1.08B | $4.54 |
| 2024 | $17.88B | $2.31B | $1.60B | $1.09B | $4.57 |
| 2023 | $17.36B | $1.12B | $567M | $322M | $1.36 |
| 2022 | $17.47B | $1.81B | $1.21B | $747M | $3.11 |
| 2021 | $14.78B | $1.37B | $217M | $31M | $0.13 |
| 2020 | $12.09B | $838M | $246M | $95M | $0.39 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $10.34B | $6.65B | $3.69B | $640M | $3.29B |
| 2024 | $10.65B | $6.40B | $4.25B | $2.04B | $3.40B |
| 2023 | $9.81B | $6.47B | $3.34B | $698M | $3.54B |
| 2022 | $9.26B | $6.40B | $2.85B | $401M | $3.40B |
| 2021 | $8.91B | $6.32B | $2.59B | $428M | $3.46B |
| 2020 | $7.47B | $4.90B | $2.58B | $548M | $2.47B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $1.26B | -$706M | $661M |
| 2024 | $1.88B | -$461M | $1.51B |
| 2023 | $710M | -$524M | $134M |
| 2022 | $404M | -$452M | $183M |
| 2021 | $357M | -$357M | -$55M |
| 2020 | $788M | -$323M | $369M |

Source: [CompaniesByCap](https://companiesbycap.com/company/PPC)