0000802481-26-000011
SEC filingPilgrim's Pride Corporation reported strong FY 2025 results with net sales of $18.50B, driven by robust demand in its poultry operations. Gross profit reached $2.36B, reflecting effective cost management amid $16.14B in cost of sales. Operating income stood at $1.61B after $713.2M in SG&A and $31.4M in restructuring charges. Net income attributable to Pilgrim’s Pride was $1.08B, or $5 per diluted share, with income tax expense of $418.8M. Balance sheet shows total assets of $10.34B, stockholders’ equity of $3.69B, and long-term debt of $3.09B. Operating cash flow generated $1.37B, supporting $711.1M in capex, but massive $1.99B dividend payments led to $2.11B financing outflow and a $1.40B decline in cash, ending at $640.2M unrestricted cash. Investors benefit from high profitability and liquidity, though heavy dividend distribution signals capital return focus over growth reinvestment.
Pilgrim's Pride Corporation delivered robust FY 2025 performance ending December 28, 2025. Net sales totaled $18.50B, with gross profit of $2.36B after $16.14B cost of sales. Operating income reached $1.61B following $713.2M SG&A expenses and $31.4M restructuring activities. Income before taxes was $1.50B, yielding net income of $1.08B after $418.8M tax expense. Net income attributable to PPC shareholders: $1.08B, or $5 basic and diluted EPS on 238.4M diluted shares. Balance sheet reflects $10.34B total assets, including $3.53B PP&E net and $1.34B goodwill. Total liabilities $6.65B, with stockholders’ equity $3.69B. No prior year figures disclosed for direct YoY comparison.
Net sales reported as $18.50B for FY 2025. No segment breakdown or geographic revenue mix disclosed in the filing. Growth drivers not specified in provided data. Cost of sales at $16.14B represents primary expense category. No further revenue composition details available.
Gross margin calculated at 12.8% ($2.36B gross profit / $18.50B sales). Operating margin 8.7% ($1.61B / $18.50B). SG&A expense $713.2M (3.9% of sales). Restructuring charges $31.4M impacted operating income. Interest expense net $161.4M offset by $51.1M interest income and -$6.8M foreign currency gains. No prior period margins for trend analysis. Profitability supported by operational efficiencies.
Operating activities provided $1.37B cash, driven by $1.08B net income, $456.2M depreciation, $193.5M inventory improvement, and $155.8M payables increase. Investing used $705.5M mainly on $711.1M PP&E acquisitions. Financing activities -$2.11B, dominated by $1.99B dividends and $115.2M debt payments. Net cash decrease $1.40B; ending cash $640.2M (total current assets $4.24B). Long-term debt $3.09B; current ratio supported by $2.89B current liabilities. Free cash flow $1.37B operating minus $705.5M investing equals $0.66B.
No management guidance, strategic priorities, or risk factors explicitly disclosed in the provided filing content. Investors should review full 10-K for forward-looking statements.