Filing Flows › Performance Food Group (PFGC) › Takeover & LBO
Is Performance Food Group (PFGC) a takeover target?
A leveraged buyout does not work for Performance Food Group on its latest figures: its EBITDA margin is only 2.6% ($1.8B on revenue of $68.8B), too thin to carry buyout debt.
Why a leveraged buyout does not fit
Performance Food Group kept 2.6% of its revenue as EBITDA over the last 12 months ($1.8B on $68.8B). A margin that thin cannot carry the debt a leveraged buyout needs — a small dip in sales would leave nothing for interest — so the model gives no buyout price.
What a takeover could cost
Takeovers in its sector paid a median premium of 40% over the share price before the deal (the middle half 14.7% to 60.2%), according to the 20 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Performance Food Group would cost about $153.55 a share, $24.2B for all its shares.
| Premium | % | Price a share | All shares |
|---|---|---|---|
| Low end (a quarter of deals paid less) | 14.7% | $125.80 | $19.8B |
| Median | 40% | $153.55 | $24.2B |
| High end (a quarter paid more) | 60.2% | $175.71 | $27.7B |
Performance Food Group's latest quarter
Performance Food Group, Q1 FY27: revenue $18.0B (+6% year over year), operating margin 1.5%, net earnings $130M, operating cash flow −$89.3M. The chart follows the revenue to costs, profit and cash.
Questions
Is Performance Food Group being acquired?
No headline, 8-K or 13D about a sale is on file in the last year.
Could private equity buy Performance Food Group?
A leveraged buyout does not work for Performance Food Group on its latest figures: its EBITDA margin is only 2.6% ($1.8B on revenue of $68.8B), too thin to carry buyout debt. A margin that thin leaves almost nothing to pay interest with, so buyout debt does not fit.
What would a takeover of Performance Food Group cost?
Takeovers in its sector paid a median premium of 40% over the share price before the deal (the middle half 14.7% to 60.2%), according to the 20 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Performance Food Group would cost about $153.55 a share, $24.2B for all its shares.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.