PILGRIMS PRIDE CORP (PPC) [Rocket]

In millions, except per share items	Dec-25-22	Dec-26-21	Dec-27-20	Dec-29-19	Dec-30-18	Dec-31-17	Dec-25-16	Dec-27-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Chicken					10,416.3	10,125.7		8,300.0
Elimination					100.7	84.3
Other products				99.0
Other				11,310.2	420.7	557.9		452.7
Total revenues [+]	17,468.4	14,777.5	12,091.9	11,409.2	10,937.8	10,767.9	10,042.0	8,752.7
Products	17,468.4	14,777.5	12,091.9	11,409.2	10,937.8	10,767.9
Revenue growth [+]	18.2%	22.2%	6.0%	4.3%	1.6%	7.2%	14.7%	2.0%
Chicken					2.9%			3.6%
Elimination					19.5%
Cost of goods sold	15,880.1	13,634.8	11,405.3	10,496.9	10,249.7	9,423.4	8,938.0	7,563.7
Gross profit	1,588.2	1,142.7	686.6	912.3	688.1	1,344.5	1,104.0	1,189.0
Gross margin	9.1%	7.7%	5.7%	8.0%	6.3%	12.5%	11.0%	13.6%
Selling, general and administrative	604.7	1,148.9	592.6	379.9	343.0	389.5	310.8	231.8
Other operating expenses	-573.7	-639.2	-151.5	-158.1	-155.4	-127.1		-109.8
EBITDA [+]	1,960.3	1,013.9	582.6	977.7	774.5	1,353.9	1,024.9	1,240.7
EBITDA growth	93.3%	74.0%	-40.4%	26.2%	-42.8%	32.1%	-17.4%	-8.9%
EBITDA margin	11.2%	6.9%	4.8%	8.6%	7.1%	12.6%	10.2%	14.2%
Depreciation	369.4	354.5	314.4	264.3	248.4	245.4	213.0	165.3
EBITA	1,590.9	659.4	268.2	713.4	526.2	1,108.5	811.9	1,075.4
EBITA margin	9.1%	4.5%	2.2%	6.3%	4.8%	10.3%	8.1%	12.3%
Amortization of intangibles	33.7	26.4	22.7	22.9	25.7	26.4	18.7	8.5
EBIT [+]	1,557.2	633.1	245.5	690.5	500.5	1,082.1	793.2	1,066.9
EBIT growth	146.0%	157.9%	-64.5%	38.0%	-53.8%	36.4%	-25.7%	-11.5%
EBIT margin	8.9%	4.3%	2.0%	6.1%	4.6%	10.0%	7.9%	12.2%
Non-recurring items [+]	380.6	421.9		-0.1	4.8	9.8	1.1	5.8
Asset impairment	354.2	421.9
Interest expense, net [+]	143.6	139.7	118.8	118.4	149.0	99.5	73.3	42.7
Interest expense	152.7	145.8	126.1	132.6	162.8	107.2	75.6	46.5
Interest income	9.0	6.1	7.3	14.3	13.8	7.7	2.3	3.8
Other income (expense), net [+]	-7.5	21.0	35.2	45.3	-14.5	9.2	5.3	-17.1
Gain (loss) on foreign currency transactions	30.8	-9.4	0.8	6.9	17.2	-2.7	4.1	26.1
Other	23.3	11.6	39.7	-4.6	2.7	6.5	9.3	9.1
Pre-tax income	1,025.5	92.4	161.8	617.5	332.2	982.1	724.0	1,001.3
Income taxes	278.9	61.1	66.8	161.0	85.4	263.9	243.9	338.4
Tax rate	27.2%	66.2%	41.3%	26.1%	25.7%	26.9%	33.7%	33.8%
Minority interest	0.6	0.3	0.3	0.6	-1.1	0.1	-0.8	0.0
Net income	745.9	31.0	94.8	455.9	247.9	718.1	480.9	662.9
Net margin	4.3%	0.2%	0.8%	4.0%	2.3%	6.7%	4.8%	7.6%

Basic EPS [+]	$3.11	$0.13	$0.39	$1.83	$1.00	$2.89	$1.90	$2.57
Growth	2345.2%	-67.0%	-78.9%	83.5%	-65.5%	52.3%	-26.1%	-6.7%
Diluted EPS [+]	$3.10	$0.13	$0.38	$1.83	$1.00	$2.88	$1.89	$2.56
Growth	2343.6%	-67.0%	-78.9%	83.5%	-65.5%	52.4%	-26.2%	-6.6%

Dividends per share [+]							$2.82	$5.80
Growth						-100.0%	-51.4%

Shares outstanding (basic) [+]	239.8	243.7	245.9	249.4	248.9	248.7	253.7	258.4
Growth	-1.6%	-0.9%	-1.4%	0.2%	0.1%	-1.9%	-1.8%	-0.2%
Shares outstanding (diluted) [+]	240.4	244.1	246.1	249.7	249.1	249.0	254.1	258.7
Growth	-1.5%	-0.8%	-1.4%	0.2%	0.1%	-2.0%	-1.8%	-0.3%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.