Performance Food Group Company (PFGC) Balance Sheet
PFGC balance sheet, FY2026
June 30, 2026 · U.S. dollars$18.85B assets = $13.95B liabilities + $4.90B equity
Both columns are drawn to the same scale: what PFGC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PFGC financial health
Current ratio1.51
Comfortable · current assets cover current liabilities 1.51×
Debt / equity1.59
High leverage · $1.59 of debt for each $1 of equity
Equity / assets26.0%
Balanced · of assets funded by shareholders
Cash / debt1.2%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles27.1%
Acquisition-heavy · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
PFGC balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.80BFY2017 | $18.85BFY2026 | +19.5%/yr | |
| Total liabilities | $2.88BFY2017 | $13.95BFY2026 | +19.2%/yr | |
| Shareholders’ equity | $925.5MFY2017 | $4.90BFY2026 | +20.3%/yr | |
| Cash & short-term investments | $8.1MFY2017 | $92.4MFY2026 | +31.1%/yr | |
| Total debt | $1.30BFY2017 | $7.78BFY2026 | +22.0%/yr | |
| Net cash (debt) | −$1.29BFY2017 | −$7.69BFY2026 | −$6.4B | |
| Working capital | $701.6MFY2017 | $2.65BFY2026 | +$1.9B | |
| Book value per share | $8.98FY2017 | $31.21FY2026 | +14.8%/yr | |
| Current ratio | 1.51FY2017 | 1.51FY2026 | +0.01 | |
| Debt / equity | 1.40FY2017 | 1.59FY2026 | +0.19 | |
| Shares outstanding | 103.0MFY2017 | 157.0MFY2026 | +4.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PFGC assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
PFGC liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
PFGC debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PFGC balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $92.4M | $78.5M | $20.0M | $12.7M | $11.6M | $11.1M | $420.7M | $14.7M | $7.5M | $8.1M |
| Cash & equivalents | $92.4M | $78.5M | $20.0M | $12.7M | $11.6M | $11.1M | $420.7M | $14.7M | $7.5M | $8.1M |
| Short-term investments | — | — | $8.2M | $14.8M | $7.3M | — | — | $1.9M | $0 | $0 |
| Receivables | $3.12B | $2.93B | $2.55B | $2.44B | $2.34B | $1.63B | $1.42B | $1.24B | $1.07B | $1.03B |
| Inventory | $4.33B | $3.89B | $3.31B | $3.39B | $3.43B | $1.84B | $1.55B | $1.36B | $1.05B | $1.01B |
| Other current assets | $259.9M | $239.7M | $268.1M | $227.8M | $240.4M | $100.3M | $68.7M | $59.7M | $78.5M | $35.0M |
| Total current assets | $7.81B | $7.14B | $6.15B | $6.07B | $6.02B | $3.58B | $3.45B | $2.67B | $2.20B | $2.08B |
| Property, plant & equipment (net) | $5.68B | $5.39B | $3.66B | $2.97B | $2.76B | $2.03B | $1.92B | $950.5M | $795.5M | $740.7M |
| Goodwill & intangible assets | $5.11B | $5.17B | $3.39B | $3.33B | $3.47B | $2.15B | $2.27B | $960.1M | $934.3M | $919.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500,000 | $8.4M | $5.0M |
| Other non-current assets | $247.0M | $185.0M | $186.2M | $130.5M | $123.3M | $85.9M | $74.0M | $71.8M | $59.2M | $53.8M |
| Total assets | $18.85B | $17.88B | $13.39B | $12.50B | $12.38B | $7.85B | $7.72B | $4.65B | $4.00B | $3.80B |
| Liabilities | ||||||||||
| Accounts payable | $3.69B | $3.17B | $2.59B | $2.45B | $2.56B | $1.78B | $1.72B | $1.13B | $973.0M | $907.1M |
| Short-term debt | $373.9M | $326.4M | $255.4M | $208.1M | $190.9M | $125.7M | $222.3M | $18.3M | $8.4M | $11.7M |
| Deferred revenue | — | — | — | −$2.45B | — | — | $567.6M | $136.4M | −$33.0M | $246.0M |
| Total current liabilities | $5.16B | $4.52B | $3.76B | $3.55B | $3.63B | $2.53B | $2.62B | $1.70B | $1.47B | $1.38B |
| Long-term debt | $5.01B | $5.39B | $3.20B | $3.46B | $3.91B | $2.24B | $2.25B | $1.33B | $1.18B | $1.29B |
| Lease obligations | $2.78B | $2.61B | $1.78B | $1.28B | $1.09B | $758.7M | $662.8M | $147.2M | $61.2M | $49.9M |
| Other long-term liabilities | $3.78B | $3.50B | $2.31B | $1.74B | $1.54B | $971.9M | $841.1M | $324.2M | $219.8M | $209.4M |
| Total liabilities | $13.95B | $13.41B | $9.27B | $8.75B | $9.08B | $5.74B | $5.71B | $3.36B | $2.87B | $2.88B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.6M | $1.5M | $1.5M | $1.5M | $1.5M | $1.3M | $1.3M | $1.0M | $1.0M | $1.0M |
| Retained earnings (deficit) | $2.00B | $1.64B | $1.30B | $867.0M | $469.8M | $357.3M | $316.6M | $430.7M | $264.8M | $66.6M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$3.7M | −$3.2M | $4.0M | $14.0M | $11.4M | −$5.3M | −$10.3M | −$200,000 | $8.3M | $2.4M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $4.90B | $4.47B | $4.13B | $3.75B | $3.30B | $2.11B | $2.01B | $1.30B | $1.14B | $925.5M |
| Key figures | ||||||||||
| Total debt | $7.78B | $8.00B | $4.98B | $4.74B | $5.00B | $3.00B | $3.02B | $1.35B | $1.18B | $1.30B |
| Net cash (debt) | −$7.69B | −$7.92B | −$4.96B | −$4.73B | −$4.99B | −$2.99B | −$2.60B | −$1.34B | −$1.18B | −$1.29B |
| Working capital | $2.65B | $2.62B | $2.40B | $2.52B | $2.39B | $1.05B | $835.2M | $971.3M | $733.5M | $701.6M |
| Tangible book value | −$210.3M | −$696.2M | $737.5M | $416.1M | −$175.3M | −$45.0M | −$261.0M | $338.1M | $201.0M | $5.8M |
| Book value per share | $31.21 | $28.60 | $26.45 | $23.99 | $21.81 | $15.79 | $17.79 | $12.34 | $10.85 | $8.98 |
| Shares outstanding | 157.0M | 156.4M | 156.0M | 156.1M | 151.3M | 133.4M | 113.0M | 105.2M | 104.6M | 103.0M |
| Current ratio | 1.51 | 1.58 | 1.64 | 1.71 | 1.66 | 1.42 | 1.32 | 1.57 | 1.50 | 1.51 |
| Quick ratio | 0.62 | 0.67 | 0.68 | 0.69 | 0.65 | 0.65 | 0.70 | 0.74 | 0.73 | 0.75 |
| Debt / equity | 1.59 | 1.79 | 1.21 | 1.27 | 1.51 | 1.42 | 1.50 | 1.04 | 1.04 | 1.40 |
| Equity / assets | 26.0% | 25.0% | 30.8% | 30.0% | 26.7% | 26.8% | 26.0% | 27.9% | 28.4% | 24.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $92.4M | $45.9M | $41.0M | $38.1M | $78.5M | $10.2M | $10.7M | $42.5M | $20.0M | $16.5M | $16.4M | $7.8M |
| Cash & equivalents | $92.4M | $45.9M | $41.0M | $38.1M | $78.5M | $10.2M | $10.7M | $42.5M | $20.0M | $16.5M | $16.4M | $7.8M |
| Short-term investments | — | — | — | — | — | — | — | — | $8.2M | — | — | — |
| Receivables | $3.12B | $2.95B | $2.80B | $2.93B | $2.93B | $2.82B | $2.69B | $2.52B | $2.55B | $2.44B | $2.36B | $2.40B |
| Inventory | $4.33B | $4.07B | $4.25B | $4.42B | $3.89B | $3.72B | $3.93B | $3.68B | $3.31B | $3.11B | $3.34B | $3.52B |
| Other current assets | $259.9M | $294.4M | $278.0M | $227.3M | $239.7M | $243.3M | $255.1M | $224.6M | $268.1M | $260.1M | $236.5M | $243.8M |
| Total current assets | $7.81B | $7.36B | $7.37B | $7.61B | $7.14B | $6.79B | $6.89B | $6.47B | $6.15B | $5.82B | $5.96B | $6.17B |
| Property, plant & equipment (net) | $5.68B | $5.63B | $5.52B | $5.44B | $5.39B | $4.96B | $4.81B | $3.83B | $3.66B | $3.43B | $3.31B | $3.13B |
| Goodwill & intangible assets | $5.11B | $5.18B | $5.07B | $5.09B | $5.17B | $5.20B | $5.23B | $3.94B | $3.39B | $3.44B | $3.49B | $3.45B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $247.0M | $471.0M | $222.8M | $214.2M | $185.0M | $170.8M | $175.2M | $153.8M | $186.2M | $177.3M | $158.6M | $142.7M |
| Total assets | $18.85B | $18.65B | $18.18B | $18.35B | $17.88B | $17.12B | $17.10B | $14.40B | $13.39B | $12.87B | $12.91B | $12.90B |
| Liabilities | ||||||||||||
| Accounts payable | $3.69B | $3.57B | $3.32B | $3.37B | $3.17B | $3.05B | $2.92B | $2.77B | $2.59B | $2.51B | $2.42B | $2.52B |
| Short-term debt | $373.9M | $364.5M | $351.4M | $337.5M | $326.4M | $313.7M | $300.5M | $269.1M | $255.4M | $237.4M | $227.2M | $214.8M |
| Deferred revenue | — | — | — | — | — | — | — | −$2.77B | — | — | −$2.42B | −$2.52B |
| Total current liabilities | $5.16B | $4.86B | $4.62B | $4.55B | $4.52B | $4.21B | $4.13B | $3.81B | $3.76B | $3.54B | $3.49B | $3.48B |
| Long-term debt | $5.01B | $5.12B | $5.27B | $5.64B | $5.39B | $5.42B | $5.69B | $3.93B | $3.20B | $3.22B | $3.50B | $3.71B |
| Lease obligations | $2.78B | $2.76B | $2.71B | $2.66B | $2.61B | $2.27B | $2.17B | $1.85B | $1.78B | $1.63B | $1.54B | $1.40B |
| Other long-term liabilities | $3.78B | $3.95B | $3.65B | $3.59B | $3.50B | $3.16B | $3.02B | $2.45B | $2.31B | $2.16B | $2.06B | $1.89B |
| Total liabilities | $13.95B | $13.92B | $13.53B | $13.78B | $13.41B | $12.79B | $12.84B | $10.19B | $9.27B | $8.92B | $9.05B | $9.07B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.6M | $1.6M | $1.6M | $1.6M | $1.5M | $1.5M | $1.5M | $1.5M | $1.5M | $1.5M | $1.5M | $1.5M |
| Retained earnings (deficit) | $2.00B | $1.84B | $1.80B | $1.74B | $1.64B | $1.51B | $1.45B | $1.41B | $1.30B | $1.14B | $1.07B | $987.7M |
| Accumulated other comprehensive income | −$3.7M | −$3.4M | −$3.4M | −$4.3M | −$3.2M | −$4.9M | −$3.8M | −$1.4M | $4.0M | $6.6M | $7.7M | $12.6M |
| Total shareholders' equity | $4.90B | $4.72B | $4.65B | $4.57B | $4.47B | $4.34B | $4.26B | $4.21B | $4.13B | $3.95B | $3.86B | $3.83B |
| Key figures | ||||||||||||
| Total debt | $7.78B | $7.88B | $7.99B | $8.30B | $8.00B | $7.69B | $7.86B | $5.78B | $4.98B | $4.84B | $5.04B | $5.11B |
| Net cash (debt) | −$7.69B | −$7.83B | −$7.95B | −$8.26B | −$7.92B | −$7.68B | −$7.85B | −$5.74B | −$4.96B | −$4.83B | −$5.02B | −$5.10B |
| Working capital | $2.65B | $2.51B | $2.76B | $3.06B | $2.62B | $2.58B | $2.76B | $2.66B | $2.40B | $2.28B | $2.47B | $2.69B |
| Tangible book value | −$210.3M | −$459.4M | −$423.4M | −$520.6M | −$696.2M | −$865.4M | −$973.8M | $265.7M | $737.5M | $512.0M | $370.9M | $374.3M |
| Book value per share | $31.21 | $30.07 | $29.65 | $29.15 | $28.60 | $27.72 | $27.24 | $26.94 | $26.45 | $25.33 | $24.80 | $24.45 |
| Shares outstanding | 157.0M | 157.0M | 156.8M | 156.9M | 156.4M | 156.5M | 156.3M | 156.2M | 156.0M | 156.1M | 155.7M | 156.6M |
| Current ratio | 1.51 | 1.52 | 1.60 | 1.67 | 1.58 | 1.61 | 1.67 | 1.70 | 1.64 | 1.64 | 1.71 | 1.77 |
| Quick ratio | 0.62 | 0.62 | 0.62 | 0.65 | 0.67 | 0.67 | 0.65 | 0.67 | 0.68 | 0.69 | 0.68 | 0.69 |
| Debt / equity | 1.59 | 1.67 | 1.72 | 1.82 | 1.79 | 1.77 | 1.85 | 1.37 | 1.21 | 1.23 | 1.30 | 1.33 |
| Equity / assets | 26.0% | 25.3% | 25.6% | 24.9% | 25.0% | 25.3% | 24.9% | 29.2% | 30.8% | 30.7% | 29.9% | 29.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 12, 2026); data from EODHD.
PFGC financial position
At the end of fiscal 2026 (June 30, 2026), Performance Food had total assets of $18.8 billion (up 5.4% from a year earlier), total liabilities of $13.9 billion and shareholders' equity of $4.9 billion. It held $92.4 million in cash and short-term investments against $7.8 billion of debt, net debt of $7.7 billion. Its current ratio was 1.51.
Related: PFGC income statement, PFGC cash flow statement, PFGC key metrics. See the PFGC stock overview for the latest quote and news.
PFGC balance sheet FAQ
What are Performance Food's total assets?
Performance Food reported total assets of $18.8 billion at the end of fiscal 2026 (June 30, 2026), compared with $17.9 billion a year earlier.
How much debt does Performance Food have?
Performance Food had $7.8 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.59.
How much cash does Performance Food have?
Performance Food held $92.4 million in cash and short-term investments at the end of fiscal 2026; with $7.8 billion of debt that is net debt of $7.7 billion.
What is Performance Food's book value?
Performance Food's shareholders' equity (book value) was $4.9 billion at the end of fiscal 2026, or $31.21 per share.
What is Performance Food's current ratio?
Performance Food had current assets of $7.8 billion and current liabilities of $5.2 billion, a current ratio of 1.51 (it can cover its short-term obligations).
How much goodwill does Performance Food have?
Performance Food carried $5.1 billion of goodwill and intangible assets, 27.1% of total assets, at the end of fiscal 2026.