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One of the largest US chicken processors, selling fresh, frozen and prepared chicken to retail and foodservice, majority-owned by JBS.
One of the largest US chicken processors, selling fresh, frozen and prepared chicken to retail and foodservice, majority-owned by JBS.
Raises, feeds and processes chickens in plants it runs from hatching to packing, selling mostly to grocery and restaurant chains at prices set at or near market rates, so profit follows the gap between chicken prices and feed grain cost. Prepared foods help smooth that cycle. JBS, the Brazilian meat group, holds the majority, and operations span the US, Mexico and Europe.
Moat: narrow (scale, cost advantage). Large vertically integrated scale gives cost advantages in a commodity protein business.
Headquarters: Greeley, Colorado, US · Founded: 1946 · Employees: 63,000
Size Pilgrim's Pride (PPC) is a United States Consumer Staples company (Agricultural Commodities/Milling) with a market value of $6.79B, the 975th largest of 3,117 United States companies the cockpit tracks. Shares closed at $28.53 on 6 Nov 2026.
Performance Over six months the shares fell 2.0%, against -16.1% for the median peer and -1.1% for the United States market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue fell 0.1% over the last twelve months (peer median +7.5%); the operating margin is 4.6% (peer median 5.0%).
Valuation It trades at 13.0× forward earnings against a peer median of 20.1× (5th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -14 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.9 points above its cost of capital (6.2% WACC).
Credit Pilgrim's Pride has 5 bonds outstanding ($3.41B), rated BBB- by the agencies and trading like BBB- at a weighted spread of 135 bp.
Short interest Short interest is 2.5% of the free float (15 Oct 2026).
Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $18.3B | $18.5B | $17.9B | $17.4B | $17.5B |
| Revenue growth | — | +3% | +3% | -1% | — |
| Gross profit | $1.42B | $2.36B | $2.30B | $1.11B | $1.75B |
| EBITDA | $1.31B | $2.23B | $2.19B | $1.02B | $1.59B |
| Net income | $320M | $1.08B | $1.09B | $322M | $746M |
| Free cash flow | $16.9M | $661M | $1.51B | $134M | $183M |
| Capital expenditure | $952M | $711M | $476M | $544M | $487M |
| Total debt | $3.73B | $3.35B | $3.47B | $3.61B | $3.50B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Pilgrim's Pride PPC | $6.79B | -2% | 0% | 5% | 13.0× | -4.8% |
| Tyson Foods TSN | $20.6B | -13% | +3% | 3% | 17.4× | 6.7% |
| JBS JBS | $13.4B | -23% | +334% | 4% | 11.8× | -6.5% |
| Cal-Maine Foods CALM | $3.02B | -15% | -43% | 1% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PPC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.1% | +2.8% | 10th lowest of 21 |
| 6-month return | -2.0% | -16.1% | 7th highest of 21 |
| Distance from 52-week high | -36.4% | -26.4% | 6th lowest of 21 |
| Revenue growth (TTM) | -0.1% | +7.5% | 6th lowest of 21 |
| Operating margin | 4.6% | 5.0% | 10th lowest of 21 |
| Forward P/E | 13.0× | 20.1× | 5th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | -4.8% | -1.1% | 5th least demanding of 11 |
| Growth delivered (Del g) | +8.9% | +13.4% | 5th lowest of 11 |
| Hurdle (Req g minus delivered) | -13.7 pp | -12.8 pp | 5th least demanding of 11 |
| ROIC minus cost of capital | +3.9 pp | +1.1 pp | 6th highest of 21 |
| EV / EBITDA | 7.4× | 9.4× | 4th cheapest of 11 |
| Net debt / EBITDA | 2.1× | 0.9× | 4th most indebted of 12 |
| Bond spread | 135 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Pilgrim's Pride PPC | United States | $6.79B | -2% | 0% | 5% | 13.0× | -4.8% | +8.9% |
| Tongwei 600438.SS | China | $8.27B | -29% | -12% | -15% | n/a | n/a | n/a |
| SalMar SALM.OL | Norway | $8.35B | +5% | +14% | 19% | 22.2× | 3.5% | +16.3% |
| Patanjali Foods PATANJALI.NS | India | $4.75B | -11% | +19% | 4% | 27.1× | n/a | n/a |
| New Hope Liuhe 000876.SZ | China | $4.71B | -19% | +7% | -3% | n/a | n/a | n/a |
| Ldc LOUP.PA | France | $4.35B | -6% | +15% | 6% | 11.7× | -7.7% | +10.5% |
| Jiangxi Zhengbang Technology 002157.SZ | China | $3.97B | -17% | +15% | -10% | n/a | n/a | n/a |
| Nisshin Seifun 2002.T | Japan | $3.94B | +14% | +3% | 5% | 15.4× | -1.1% | +4.9% |
| Cofco Sugar 600737.SS | China | $3.94B | -18% | -29% | 6% | 22.9× | n/a | n/a |
| Fujian Wanchen Food 300972.SZ | China | $3.86B | -43% | +46% | 7% | 9.9× | -18.7% | +157.9% |
| Guangdong Haid 002311.SZ | China | $12.1B | -1% | +8% | 3% | 21.1× | -1.1% | +16.3% |
| Heilongjiang Agriculture 600598.SS | China | $3.66B | -18% | -12% | 24% | 59.7× | n/a | n/a |
| Nichirei 2871.T | Japan | $3.42B | +13% | +10% | 5% | 24.2× | 2.4% | +4.6% |
| Godrej Industries GODREJIND.NS | India | $3.41B | -22% | +17% | 8% | n/a | n/a | n/a |
| Seaboard SEB | United States | $3.38B | -22% | +7% | 3% | n/a | n/a | n/a |
| Fujian Sunner Development 002299.SZ | China | $3.28B | -7% | +13% | 5% | 19.1× | -1.0% | +7.9% |
| First Resources Ltd. (Singapore) EB5.SI | Singapore | $3.27B | -26% | +51% | 30% | 7.6× | -7.1% | +19.0% |
| Wilmar International F34.SI | Singapore | $14.5B | -19% | +6% | 3% | 10.2× | n/a | n/a |
| Ebro Foods EBRO.MC | Spain | $3.12B | +1% | -4% | 10% | 13.2× | -7.7% | +4.4% |
| Cal-Maine Foods CALM | United States | $3.02B | -15% | -43% | 1% | n/a | n/a | n/a |
| Jiangsu Lihua Animal Husbandry 300761.SZ | China | $2.94B | +2% | +7% | 3% | 29.1× | 4.0% | +16.8% |
Pilgrim's Pride has 5 bonds outstanding with $3.41B face value. The agencies rate it BBB-; its bonds trade like BBB-. Weighted yield 5.70%, a spread of 135 bp over government bonds.