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Side-by-side financial comparison of Performance Food Group Co (PFGC) and TD SYNNEX CORP (SNX). Click either name above to swap in a different company.

TD SYNNEX CORP is the larger business by last-quarter revenue ($17.4B vs $16.4B, roughly 1.1× Performance Food Group Co). TD SYNNEX CORP runs the higher net margin — 1.4% vs 0.4%, a 1.1% gap on every dollar of revenue. On growth, TD SYNNEX CORP posted the faster year-over-year revenue change (9.7% vs 5.2%). TD SYNNEX CORP produced more free cash flow last quarter ($1.4B vs $487.8M). Over the past eight quarters, TD SYNNEX CORP's revenue compounded faster (11.5% CAGR vs 8.9%).

PepsiCo, Inc. is an American multinational food and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc., PepsiCo has since expanded from its namesake product Pepsi to an immensely diversified range of food and beverage bran...

TD Synnex Corporation is an American IT distribution company with a workforce of 22,000 in over 100 countries. It was formed in 2021 by the merger of Synnex and Tech Data. TD Synnex is led by CEO Patrick Zammit.

PFGC vs SNX — Head-to-Head

Bigger by revenue
SNX
SNX
1.1× larger
SNX
$17.4B
$16.4B
PFGC
Growing faster (revenue YoY)
SNX
SNX
+4.5% gap
SNX
9.7%
5.2%
PFGC
Higher net margin
SNX
SNX
1.1% more per $
SNX
1.4%
0.4%
PFGC
More free cash flow
SNX
SNX
$934.3M more FCF
SNX
$1.4B
$487.8M
PFGC
Faster 2-yr revenue CAGR
SNX
SNX
Annualised
SNX
11.5%
8.9%
PFGC

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
PFGC
PFGC
SNX
SNX
Revenue
$16.4B
$17.4B
Net Profit
$61.7M
$248.4M
Gross Margin
12.0%
6.9%
Operating Margin
1.2%
2.3%
Net Margin
0.4%
1.4%
Revenue YoY
5.2%
9.7%
Net Profit YoY
45.5%
27.5%
EPS (diluted)
$0.39
$3.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PFGC
PFGC
SNX
SNX
Q4 25
$16.4B
$17.4B
Q3 25
$17.1B
$15.7B
Q2 25
$16.9B
$14.9B
Q1 25
$15.3B
$14.5B
Q4 24
$15.6B
$15.8B
Q3 24
$15.4B
$14.7B
Q2 24
$15.2B
$13.9B
Q1 24
$13.9B
$14.0B
Net Profit
PFGC
PFGC
SNX
SNX
Q4 25
$61.7M
$248.4M
Q3 25
$93.6M
$226.8M
Q2 25
$131.5M
$184.9M
Q1 25
$58.3M
$167.5M
Q4 24
$42.4M
$194.8M
Q3 24
$108.0M
$178.6M
Q2 24
$166.5M
$143.6M
Q1 24
$70.4M
$172.1M
Gross Margin
PFGC
PFGC
SNX
SNX
Q4 25
12.0%
6.9%
Q3 25
11.8%
7.2%
Q2 25
11.8%
7.0%
Q1 25
11.9%
6.9%
Q4 24
11.7%
6.6%
Q3 24
11.4%
6.5%
Q2 24
11.5%
7.0%
Q1 24
11.3%
7.2%
Operating Margin
PFGC
PFGC
SNX
SNX
Q4 25
1.2%
2.3%
Q3 25
1.3%
2.5%
Q2 25
1.6%
2.2%
Q1 25
1.1%
2.1%
Q4 24
1.0%
2.0%
Q3 24
1.4%
2.1%
Q2 24
1.9%
1.9%
Q1 24
1.1%
2.2%
Net Margin
PFGC
PFGC
SNX
SNX
Q4 25
0.4%
1.4%
Q3 25
0.5%
1.4%
Q2 25
0.8%
1.2%
Q1 25
0.4%
1.2%
Q4 24
0.3%
1.2%
Q3 24
0.7%
1.2%
Q2 24
1.1%
1.0%
Q1 24
0.5%
1.2%
EPS (diluted)
PFGC
PFGC
SNX
SNX
Q4 25
$0.39
$3.02
Q3 25
$0.60
$2.74
Q2 25
$0.85
$2.21
Q1 25
$0.37
$1.98
Q4 24
$0.27
$2.28
Q3 24
$0.69
$2.08
Q2 24
$1.07
$1.66
Q1 24
$0.45
$1.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PFGC
PFGC
SNX
SNX
Cash + ST InvestmentsLiquidity on hand
$2.4B
Total DebtLower is stronger
$5.3B
$3.6B
Stockholders' EquityBook value
$4.6B
$8.5B
Total Assets
$18.2B
$34.3B
Debt / EquityLower = less leverage
1.13×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PFGC
PFGC
SNX
SNX
Q4 25
$2.4B
Q3 25
$874.4M
Q2 25
$767.1M
Q1 25
$541.9M
Q4 24
$1.1B
Q3 24
$853.9M
Q2 24
$1.2B
Q1 24
$1.0B
Total Debt
PFGC
PFGC
SNX
SNX
Q4 25
$5.3B
$3.6B
Q3 25
$5.6B
$3.0B
Q2 25
$5.4B
$3.7B
Q1 25
$5.4B
$3.7B
Q4 24
$5.7B
$3.7B
Q3 24
$3.9B
$3.7B
Q2 24
$3.2B
$3.7B
Q1 24
$3.2B
$3.1B
Stockholders' Equity
PFGC
PFGC
SNX
SNX
Q4 25
$4.6B
$8.5B
Q3 25
$4.6B
$8.5B
Q2 25
$4.5B
$8.3B
Q1 25
$4.3B
$8.1B
Q4 24
$4.3B
$8.0B
Q3 24
$4.2B
$8.2B
Q2 24
$4.1B
$8.0B
Q1 24
$4.0B
$8.1B
Total Assets
PFGC
PFGC
SNX
SNX
Q4 25
$18.2B
$34.3B
Q3 25
$18.4B
$31.7B
Q2 25
$17.9B
$30.5B
Q1 25
$17.1B
$28.8B
Q4 24
$17.1B
$30.3B
Q3 24
$14.4B
$29.2B
Q2 24
$13.4B
$27.7B
Q1 24
$12.9B
$27.8B
Debt / Equity
PFGC
PFGC
SNX
SNX
Q4 25
1.13×
0.43×
Q3 25
1.23×
0.36×
Q2 25
1.20×
0.45×
Q1 25
1.25×
0.46×
Q4 24
1.34×
0.46×
Q3 24
0.93×
0.46×
Q2 24
0.78×
0.47×
Q1 24
0.81×
0.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PFGC
PFGC
SNX
SNX
Operating Cash FlowLast quarter
$601.2M
$1.5B
Free Cash FlowOCF − Capex
$487.8M
$1.4B
FCF MarginFCF / Revenue
3.0%
8.2%
Capex IntensityCapex / Revenue
0.7%
0.2%
Cash ConversionOCF / Net Profit
9.74×
5.88×
TTM Free Cash FlowTrailing 4 quarters
$792.7M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PFGC
PFGC
SNX
SNX
Q4 25
$601.2M
$1.5B
Q3 25
$-145.2M
$246.1M
Q2 25
$383.0M
$573.2M
Q1 25
$448.1M
$-748.0M
Q4 24
$325.5M
$561.9M
Q3 24
$53.5M
$385.8M
Q2 24
$206.3M
$-114.7M
Q1 24
$402.7M
$384.7M
Free Cash Flow
PFGC
PFGC
SNX
SNX
Q4 25
$487.8M
$1.4B
Q3 25
$-224.1M
$213.9M
Q2 25
$209.7M
$542.9M
Q1 25
$319.3M
$-789.5M
Q4 24
$218.1M
$512.9M
Q3 24
$-43.0M
$338.6M
Q2 24
$55.1M
$-152.5M
Q1 24
$305.4M
$343.6M
FCF Margin
PFGC
PFGC
SNX
SNX
Q4 25
3.0%
8.2%
Q3 25
-1.3%
1.4%
Q2 25
1.2%
3.6%
Q1 25
2.1%
-5.4%
Q4 24
1.4%
3.2%
Q3 24
-0.3%
2.3%
Q2 24
0.4%
-1.1%
Q1 24
2.2%
2.5%
Capex Intensity
PFGC
PFGC
SNX
SNX
Q4 25
0.7%
0.2%
Q3 25
0.5%
0.2%
Q2 25
1.0%
0.2%
Q1 25
0.8%
0.3%
Q4 24
0.7%
0.3%
Q3 24
0.6%
0.3%
Q2 24
1.0%
0.3%
Q1 24
0.7%
0.3%
Cash Conversion
PFGC
PFGC
SNX
SNX
Q4 25
9.74×
5.88×
Q3 25
-1.55×
1.09×
Q2 25
2.91×
3.10×
Q1 25
7.69×
-4.46×
Q4 24
7.68×
2.88×
Q3 24
0.50×
2.16×
Q2 24
1.24×
-0.80×
Q1 24
5.72×
2.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PFGC
PFGC

Foodservice$8.8B54%
Convenience$6.3B38%
Specialty$1.3B8%

SNX
SNX

Segment breakdown not available.

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