Pilgrim's Pride Corp Reports $18.5B in 2025 Sales

By Chris Stiles • Thursday, February 12 12:55 • Permanent Link

Pilgrim’s Pride Corporation (NASDAQ: PPC) has reported its fourth quarter and year-end 2025 financial results. The company's net sales for 2025 reached $18.5 billion, with a consolidated GAAP operating income margin of 8.7%. The GAAP net income was $1.1 billion, resulting in GAAP EPS of $4.54. Adjusted net income was $1.2 billion, with adjusted EPS of $5.17.

Adjusted EBITDA for 2025 was $2.3 billion, translating to a 12.3% margin. In the U.S., adjusted EBITDA margins were at 14.8%, in Europe at 8.4%, and in Mexico at 8.8%. Notably, Pilgrim’s U.S. fresh portfolio experienced robust demand across retail and foodservice, while the company’s diversification efforts through branded offerings achieved a new milestone as just bare® achieved one billion dollars in retail sales across fresh and frozen fully cooked.

In the fourth quarter, net sales stood at $4.5 billion, with a consolidated GAAP operating income margin of 4.5%. GAAP net income was $88.0 million, resulting in GAAP EPS of $0.37. Adjusted net income was $152.2 million, with adjusted EPS of $0.64. Adjusted EBITDA for the quarter was $415.1 million, with adjusted EBITDA margins of 10.6% in the U.S., 9.5% in Europe, and 1.8% in Mexico.

Looking at the year-over-year changes, it's worth noting that there was a 3.3% increase in net sales for the fourth quarter of 2025 compared to the same period in 2024. However, the U.S. GAAP EPS saw a significant decline of 62.6% in the same period. The operating income for the quarter also saw a decrease of 33.4% compared to the prior year.

Despite the challenges, Pilgrim’s CEO, Fabio Sandri, expressed satisfaction with the company's performance, highlighting the ongoing strength of case ready in retail and small bird in QSR in the U.S., as well as the progress in manufacturing optimization and management integration in Europe.

Pilgrim’s Pride Corporation operates protein processing plants and prepared-foods facilities in 14 states, Puerto Rico, Mexico, the U.K., the Republic of Ireland, and continental Europe. The company's primary distribution is through retailers and foodservice distributors.

For further insights and discussions on Pilgrim's quarterly results, a conference call is scheduled for February 12, 2026, at 7 a.m. MT (9 a.m. ET). Following these announcements, the company's shares moved -0.62%, and are now trading at a price of $41.37. For more information, read the company's full 8-K submission here.

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