Performance Food Group Management
Management criteria checks 3/4
Performance Food Group's CEO is Scott McPherson, appointed in Jan 2025, has a tenure of 1.5 years. total yearly compensation is $4.00M, comprised of 17.8% salary and 82.2% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $20.26M. The average tenure of the management team and the board of directors is 3.5 years and 7.4 years respectively.
Key information
Scott McPherson
Chief executive officer
US$4.0m
Total compensation
| CEO salary percentage | 17.80% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.5yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
Narrative Update • Jun 25
PFGC: Updated 2026 Outlook Will Balance Margin Pressure And Execution Upside
Analysts have modestly adjusted their price targets on Performance Food Group, with the consensus view effectively reflecting a fine-tuned fair value shift of about $2, supported by updated assumptions around discount rates, revenue growth, profit margins, and a slightly higher future P/E multiple. Analyst Commentary Recent Street research around Performance Food Group has focused on how current execution and future growth assumptions line up with the latest price target revisions, and what that might mean for valuation risk and reward.
New Narrative • Jun 25
Expansion Costs And Convenience Exposure Will Likely Pressure Margins Over The Long Term
Catalysts About Performance Food Group Performance Food Group distributes food and related products to restaurants, convenience stores and specialty retail customers across the U.S. What are the underlying business or industry changes driving this perspective? The push to expand across the food away from home market, including independents, chains, convenience and specialty channels, requires ongoing salesforce hiring, technology rollouts and integration work.Seeking Alpha • May 13
Performance Food Group Remains A Tasty Treat
Summary Performance Food Group remains a "Buy" as valuation offers meaningful upside, even after recent underperformance versus the S&P 500. PFGC delivered strong revenue growth, driven by acquisitions and organic case volume increases, despite margin pressure and mixed segment profitability. Management raised 2026 revenue guidance to $67.7–$68 billion and reaffirmed 2028 EBITDA targets, supporting a bullish long-term outlook. Even at current multiples, PFGC could deliver 17.2%–18.9% annualized upside if management achieves 2028 targets. Read the full article on Seeking AlphaNarrative Update • Apr 22
PFGC: Foodservice Share Gains Will Support Future 2026 Margin Expansion
Analysts have slightly raised the modeled fair value for Performance Food Group to about $117.83 per share, with modest tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions after recent Street price target cuts of $1 and $12. Analyst Commentary Recent target cuts of $1 and $12 suggest that analysts are recalibrating expectations rather than completely changing their views on Performance Food Group.Narrative Update • Apr 07
PFGC: Foodservice Share Gains Will Support Future 2026 Distribution Upside
Analysts have slightly reduced their average price targets for Performance Food Group, with recent cuts of $1 at Citi, $12 at UBS, and adjustments from $134 to $127 and from $120 to $105, reflecting updated 2026 outlooks for food distributors and restaurants while still highlighting a relatively constructive view on foodservice distribution as a group. Analyst Commentary Recent research on Performance Food Group reflects both optimism about the foodservice distribution space and caution around sector level headwinds, with price target resets framed within updated 2026 outlooks for distributors and restaurants.Narrative Update • Mar 24
PFGC: Foodservice Share Gains Will Support Future Distribution And M&A Upside
Analysts trimmed the 12 month price target for Performance Food Group by $0.12 to $117.50. This reflects slightly lower assumptions for revenue growth and profit margins, partly offset by a higher assumed future P/E multiple and a modestly higher discount rate following recent sector wide target resets at firms covering food distributors and restaurants.Narrative Update • Mar 07
PFGC: Foodservice Share Gains Will Support Future M&A Execution
Narrative Update on Performance Food Group Analysts have trimmed their average price targets on Performance Food Group by $1 to $12 across recent updates, reflecting refreshed 2026 outlooks for food distributors and restaurants. They still generally highlight foodservice distribution as a relatively favorable area compared with restaurant peers.Narrative Update • Feb 20
PFGC: Foodservice Share Gains Will Support Future M&A And Margin Expansion
Analysts have trimmed their average price target for Performance Food Group by about $0.08 to roughly $117.38, reflecting updated sector views that take into account ongoing sales challenges for restaurants as well as relatively stronger positioning for food distributors. Analyst Commentary Recent research on Performance Food Group points to a mixed but generally constructive stance, with updated models reflecting both sector headwinds and confidence in the company’s role within foodservice distribution.Narrative Update • Feb 06
PFGC: Foodservice Share Gains Will Support Future EBITDA Margin Expansion
Analysts have trimmed their price targets for Performance Food Group, with our fair value estimate moving from about US$121.25 to roughly US$117.46 as they factor in updated sector views on restaurant sales trends, a slightly higher discount rate, modest tweaks to revenue growth assumptions, and lower future P/E multiples, despite generally supportive views on foodservice distribution and the stock's positioning within the distributor group. Analyst Commentary Recent research updates on Performance Food Group point to a mixed backdrop, with several firms trimming price targets while still expressing confidence in the company’s position within foodservice distribution.Narrative Update • Jan 04
PFGC: Independent Case Share Gains Will Support Future 15% EBITDA Trajectory
Analysts have raised their price target on Performance Food Group by $8.75 to $130.00, citing expectations for faster independent case growth than peers, supported by a market share focused salesforce. This is expected to drive approximately 15 percent near to medium term EBITDA growth and help the company grow into its valuation multiple.Narrative Update • Dec 17
PFGC: Independent Case Share Gains Will Support Future 15% EBITDA Expansion
Analysts have nudged their price target on Performance Food Group slightly lower to $121.25 from $121.67, while maintaining a constructive view as they expect the company to outgrow peers in independent case volume and deliver mid-teens EBITDA growth that supports its current valuation multiple. Analyst Commentary Bullish Takeaways Bullish analysts see Performance Food Group gaining independent case share faster than peers, which they expect will support sustained outperformance in top line growth.Narrative Update • Dec 03
PFGC: Independent Case Gains Will Support Multiple Through 15% EBITDA Expansion
Analysts have raised their price target on Performance Food Group by $8.33 to $130.00 per share, citing expectations for the company to outpace peers in independent case growth and deliver near to medium term EBITDA growth of about 15 percent, which they believe would enable it to grow into its current valuation multiple. Analyst Commentary Recent commentary from bullish analysts underscores growing confidence that Performance Food Group can sustain above industry growth and justify its higher valuation multiple through consistent execution.Narrative Update • Nov 19
PFGC: Market Share Gains And Expanding Margins Will Underpin Outperformance
Analysts have slightly raised their price target for Performance Food Group from $120.92 to $121.67. They cite expectations of faster-than-peer growth, successful sales strategies, and expanding profit margins as factors expected to drive near-term EBITDA growth.Analysis Article • Nov 13
The Compensation For Performance Food Group Company's (NYSE:PFGC) CEO Looks Deserved And Here's Why
Key Insights Performance Food Group to hold its Annual General Meeting on 19th of November Salary of US$1.20m is part...Narrative Update • Nov 05
PFGC: Accelerating Market Share Gains Will Drive Upside Amid Robust Earnings Momentum
Analysts have modestly increased their price target for Performance Food Group to approximately $120.92, citing robust Q4 earnings results, accelerating market share gains, and expectations for continued independent case growth to support EBITDA expansion. Analyst Commentary Recent street research on Performance Food Group highlights a series of bullish adjustments and positive sentiment.Narrative Update • Oct 21
Analysts Boost Price Target for Performance Food Group Amid Strong Results and Upbeat Outlook
Analysts have raised their price target for Performance Food Group from $119.36 to $120.75 per share. They cite the company's strong earnings performance, sustained market share gains, and improving industry demand as key factors supporting this upward revision.Narrative Update • Sep 17
Digital Ordering And Acquisitions Will Fuel Future Market Leadership
Performance Food Group received an upward price target revision driven by a strong Q4 earnings beat, solid FY26 guidance, improving case growth, robust market share gains, and stable cost inflation, resulting in a new consensus price target of $119.36. Analyst Commentary Strong Q4 earnings beat expectations, with EPS and EBITDA exceeding consensus estimates.Narrative Update • Aug 15
Digital Ordering And Acquisitions Will Fuel Future Market Leadership
Driven by Q4 earnings beats, upward guidance revisions, and accelerating market share gains despite macro uncertainty, analysts have raised Performance Food Group’s consensus price target from $111.55 to $117.36. Analyst Commentary Q4 earnings outperformed expectations, delivering EPS and EBITDA beats, and prompting upward revisions to future guidance.Analysis Article • Jul 15
At US$97.28, Is Performance Food Group Company (NYSE:PFGC) Worth Looking At Closely?
Let's talk about the popular Performance Food Group Company ( NYSE:PFGC ). The company's shares received a lot of...Seeking Alpha • Jan 06
Performance Food Group Company: I'm Sticking To My Guns
Summary Despite recent gains, I maintain a 'hold' rating for Performance Food Group due to its mixed financial results and relatively high valuation compared to peers. The company's recent acquisition of Cheney Brothers is expected to significantly boost revenue and EBITDA, but increased operating costs and interest expenses have impacted net income. Management's revenue and EBITDA forecasts for 2025 are promising, yet the stock remains slightly expensive relative to similar firms. My initial downgrade may have been premature, but without a sufficient margin of safety, an upgrade to 'buy' isn't justified. Read the full article on Seeking AlphaCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 28 2026 | n/a | n/a | US$329m |
| Dec 27 2025 | n/a | n/a | US$345m |
| Sep 27 2025 | n/a | n/a | US$326m |
| Jun 28 2025 | US$4m | US$713k | US$340m |
| Mar 29 2025 | n/a | n/a | US$375m |
| Dec 28 2024 | n/a | n/a | US$387m |
| Sep 28 2024 | n/a | n/a | US$423m |
| Jun 29 2024 | US$3m | US$647k | US$436m |
| Mar 30 2024 | n/a | n/a | US$420m |
| Dec 30 2023 | n/a | n/a | US$429m |
| Sep 30 2023 | n/a | n/a | US$422m |
| Jul 01 2023 | US$2m | US$607k | US$397m |
Compensation vs Market: Scott's total compensation ($USD4.00M) is below average for companies of similar size in the US market ($USD14.46M).
Compensation vs Earnings: Scott's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Scott McPherson (56 yo)
1.5yrs
Tenure
US$4,004,526
Compensation
Mr. Scott E. McPherson is CEO, President & Director of Performance Food Group Company from January 1, 2026. Mr. McPherson was COO of Performance Food Group Company from January 1, 2025 to December 2025. Mr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chair | 24.5yrs | US$11.66m | 1.37% $ 243.5m | |
| CEO, President & Director | 1.5yrs | US$4.00m | 0.11% $ 20.3m | |
| Executive VP & CFO | 3.5yrs | US$3.16m | 0.028% $ 5.1m | |
| Executive VP | 10.3yrs | US$2.51m | 0.028% $ 5.0m | |
| Senior VP & Chief Accounting Officer | 2.7yrs | no data | 0.0042% $ 746.1k | |
| Executive VP & Chief Information Officer | 7.3yrs | no data | 0.034% $ 6.1m | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Director of Communications & Engagement | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 7yrs | no data | 0.026% $ 4.6m | |
| Senior VP & CFO of Performance Foodservice | no data | no data | no data | |
| Senior Vice President of Strategy and Mergers & Acquisitions | 4yrs | no data | no data | |
| President & CEO of Convenience | 2.5yrs | no data | no data |
3.5yrs
Average Tenure
57yo
Average Age
Experienced Management: PFGC's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chair | 24.5yrs | US$11.66m | 1.37% $ 243.5m | |
| CEO, President & Director | less than a year | US$4.00m | 0.11% $ 20.3m | |
| Lead Independent Director | 8.6yrs | US$385.08k | no data | |
| Independent Director | 6.7yrs | US$285.01k | 0.0091% $ 1.6m | |
| Independent Director | 24.5yrs | US$285.01k | 0.0024% $ 422.8k | |
| Independent Director | 6.7yrs | US$367.52k | no data | |
| Independent Director | 6.7yrs | US$310.01k | 0.022% $ 3.9m | |
| Independent Director | 13.5yrs | US$287.73k | no data | |
| Independent Director | 5.6yrs | US$285.01k | 0.0093% $ 1.6m | |
| Independent Director | 8.2yrs | US$300.01k | 0.019% $ 3.3m | |
| Independent Director | 9yrs | US$302.29k | 0.0063% $ 1.1m | |
| Independent Director | 4.8yrs | US$285.01k | 0.012% $ 2.2m |
7.4yrs
Average Tenure
65.5yo
Average Age
Experienced Board: PFGC's board of directors are considered experienced (7.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/06 20:03 |
| End of Day Share Price | 2026/07/02 00:00 |
| Earnings | 2026/03/28 |
| Annual Earnings | 2025/06/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Performance Food Group Company is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Bernstein | Barclays |
| Alok Patel | Berenberg |
| Danilo Gargiulo | Bernstein |