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Side-by-side financial comparison of JBS N.V. (JBS) and PILGRIMS PRIDE CORP (PPC), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

JBS N.V. is the larger business by last-quarter revenue ($22.6B vs $4.5B, roughly 5.0× PILGRIMS PRIDE CORP). JBS N.V. runs the higher net margin — 2.9% vs 1.9%, a 0.9% gap on every dollar of revenue. On growth, JBS N.V. posted the faster year-over-year revenue change (13.4% vs 3.3%).

JBS N.V. is a Brazilian multinational company that is the largest meat processing enterprise in the world, producing factory processed beef, chicken, salmon, sheep, pork, and also selling by-products from the processing of these meats. It is headquartered in São Paulo. It was founded in 1953 in Anápolis, Goiás.

Pilgrim's Pride Corporation is an American, multi-national food company, currently one of the largest chicken producers in the United States and Puerto Rico and the second-largest chicken producer in Mexico. It exited bankruptcy in December 2009 and relocated its U.S. headquarters to Greeley, Colorado, in 2011. It is majority-owned by JBS S.A. Pilgrim's Pride purchased Gold'n Plump for $350 million in late November 2016.

JBS vs PPC — Head-to-Head

Bigger by revenue
JBS
JBS
5.0× larger
JBS
$22.6B
$4.5B
PPC
Growing faster (revenue YoY)
JBS
JBS
+10.1% gap
JBS
13.4%
3.3%
PPC
Higher net margin
JBS
JBS
0.9% more per $
JBS
2.9%
1.9%
PPC

Income Statement — Q3 2025 vs Q4 2025

Metric
JBS
JBS
PPC
PPC
Revenue
$22.6B
$4.5B
Net Profit
$644.1M
$88.0M
Gross Margin
13.2%
9.5%
Operating Margin
5.4%
4.5%
Net Margin
2.9%
1.9%
Revenue YoY
13.4%
3.3%
Net Profit YoY
-14.9%
-62.7%
EPS (diluted)
$0.52
$0.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
JBS
JBS
PPC
PPC
Q4 25
$4.5B
Q3 25
$22.6B
$4.8B
Q2 25
$4.8B
Q1 25
$4.5B
Q4 24
$4.4B
Q3 24
$19.9B
$4.6B
Q2 24
$4.6B
Q1 24
$4.4B
Net Profit
JBS
JBS
PPC
PPC
Q4 25
$88.0M
Q3 25
$644.1M
$342.8M
Q2 25
$355.5M
Q1 25
$296.0M
Q4 24
$235.9M
Q3 24
$756.6M
$349.9M
Q2 24
$326.3M
Q1 24
$174.4M
Gross Margin
JBS
JBS
PPC
PPC
Q4 25
9.5%
Q3 25
13.2%
13.9%
Q2 25
15.0%
Q1 25
12.4%
Q4 24
12.7%
Q3 24
16.5%
14.9%
Q2 24
15.2%
Q1 24
8.8%
Operating Margin
JBS
JBS
PPC
PPC
Q4 25
4.5%
Q3 25
5.4%
10.4%
Q2 25
10.8%
Q1 25
9.1%
Q4 24
7.0%
Q3 24
7.8%
11.1%
Q2 24
9.7%
Q1 24
5.7%
Net Margin
JBS
JBS
PPC
PPC
Q4 25
1.9%
Q3 25
2.9%
7.2%
Q2 25
7.5%
Q1 25
6.6%
Q4 24
5.4%
Q3 24
3.8%
7.6%
Q2 24
7.2%
Q1 24
4.0%
EPS (diluted)
JBS
JBS
PPC
PPC
Q4 25
$0.37
Q3 25
$0.52
$1.44
Q2 25
$1.49
Q1 25
$1.24
Q4 24
$1.00
Q3 24
$0.62
$1.47
Q2 24
$1.37
Q1 24
$0.73

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
JBS
JBS
PPC
PPC
Cash + ST InvestmentsLiquidity on hand
$3.6B
$640.2M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$9.5B
$3.7B
Total Assets
$44.2B
$10.3B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
JBS
JBS
PPC
PPC
Q4 25
$640.2M
Q3 25
$3.6B
$612.6M
Q2 25
$849.0M
Q1 25
$2.1B
Q4 24
$2.0B
Q3 24
$5.1B
$1.9B
Q2 24
$1.3B
Q1 24
$870.8M
Total Debt
JBS
JBS
PPC
PPC
Q4 25
$3.1B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.2B
Q4 24
$3.2B
Q3 24
$3.2B
Q2 24
$3.2B
Q1 24
$3.3B
Stockholders' Equity
JBS
JBS
PPC
PPC
Q4 25
$3.7B
Q3 25
$9.5B
$3.5B
Q2 25
$3.7B
Q1 25
$3.1B
Q4 24
$4.2B
Q3 24
$9.5B
$4.2B
Q2 24
$3.7B
Q1 24
$3.5B
Total Assets
JBS
JBS
PPC
PPC
Q4 25
$10.3B
Q3 25
$44.2B
$10.0B
Q2 25
$10.1B
Q1 25
$11.0B
Q4 24
$10.7B
Q3 24
$10.7B
Q2 24
$10.1B
Q1 24
$9.8B
Debt / Equity
JBS
JBS
PPC
PPC
Q4 25
0.84×
Q3 25
0.87×
Q2 25
0.83×
Q1 25
1.02×
Q4 24
0.76×
Q3 24
0.76×
Q2 24
0.85×
Q1 24
0.96×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
JBS
JBS
PPC
PPC
Operating Cash FlowLast quarter
$291.2M
Free Cash FlowOCF − Capex
$10.0M
FCF MarginFCF / Revenue
0.2%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
6.2%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
3.31×
TTM Free Cash FlowTrailing 4 quarters
$653.1M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
JBS
JBS
PPC
PPC
Q4 25
$291.2M
Q3 25
$458.3M
Q2 25
$495.2M
Q1 25
$126.9M
Q4 24
$349.3M
Q3 24
$651.1M
Q2 24
$718.6M
Q1 24
$271.0M
Free Cash Flow
JBS
JBS
PPC
PPC
Q4 25
$10.0M
Q3 25
$275.9M
Q2 25
$339.1M
Q1 25
$28.1M
Q4 24
$176.6M
Q3 24
$565.3M
Q2 24
$617.7M
Q1 24
$171.9M
FCF Margin
JBS
JBS
PPC
PPC
Q4 25
0.2%
Q3 25
5.8%
Q2 25
7.1%
Q1 25
0.6%
Q4 24
4.0%
Q3 24
12.3%
Q2 24
13.5%
Q1 24
3.9%
Capex Intensity
JBS
JBS
PPC
PPC
Q4 25
6.2%
Q3 25
3.8%
Q2 25
3.3%
Q1 25
2.2%
Q4 24
4.0%
Q3 24
1.9%
Q2 24
2.2%
Q1 24
2.3%
Cash Conversion
JBS
JBS
PPC
PPC
Q4 25
3.31×
Q3 25
1.34×
Q2 25
1.39×
Q1 25
0.43×
Q4 24
1.48×
Q3 24
1.86×
Q2 24
2.20×
Q1 24
1.55×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

JBS
JBS

Segment breakdown not available.

PPC
PPC

Retail$1.5B33%
Europe Reportable Segment$1.4B31%
Food Service$889.2M20%
Prepared Product$332.8M7%
Product Export$122.7M3%
Other Sales Channel$96.0M2%
Other Product And Service$79.7M2%
Related Party$21.7M0%
Seara Meats B.V.$18.9M0%
Penasul UKLTD$10.3M0%
JBSUSA Food Company$5.4M0%

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