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Side-by-side financial comparison of PILGRIMS PRIDE CORP (PPC) and SANMINA CORP (SANM). Click either name above to swap in a different company.

PILGRIMS PRIDE CORP is the larger business by last-quarter revenue ($4.5B vs $3.2B, roughly 1.4× SANMINA CORP). PILGRIMS PRIDE CORP runs the higher net margin — 1.9% vs 1.5%, a 0.4% gap on every dollar of revenue. On growth, SANMINA CORP posted the faster year-over-year revenue change (59.0% vs 3.3%). SANMINA CORP produced more free cash flow last quarter ($91.9M vs $10.0M). Over the past eight quarters, SANMINA CORP's revenue compounded faster (31.9% CAGR vs 1.8%).

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.

Sanmina Corporation is an American electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original equipment manufacturers (OEMs) in communications and computer hardware fields. The firm has nearly 80 manufacturing sites, and is one of the world’s largest independent manufacturers of printed circuit boards and backplanes. As of 2022, it is ranked number 482 in the Fortune 500 list.

PPC vs SANM — Head-to-Head

Bigger by revenue
PPC
PPC
1.4× larger
PPC
$4.5B
$3.2B
SANM
Growing faster (revenue YoY)
SANM
SANM
+55.6% gap
SANM
59.0%
3.3%
PPC
Higher net margin
PPC
PPC
0.4% more per $
PPC
1.9%
1.5%
SANM
More free cash flow
SANM
SANM
$81.9M more FCF
SANM
$91.9M
$10.0M
PPC
Faster 2-yr revenue CAGR
SANM
SANM
Annualised
SANM
31.9%
1.8%
PPC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PPC
PPC
SANM
SANM
Revenue
$4.5B
$3.2B
Net Profit
$88.0M
$49.3M
Gross Margin
9.5%
7.6%
Operating Margin
4.5%
2.3%
Net Margin
1.9%
1.5%
Revenue YoY
3.3%
59.0%
Net Profit YoY
-62.7%
-24.2%
EPS (diluted)
$0.37
$0.89

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
PPC
PPC
SANM
SANM
Q4 25
$4.5B
$3.2B
Q3 25
$4.8B
$2.1B
Q2 25
$4.8B
$2.0B
Q1 25
$4.5B
$2.0B
Q4 24
$4.4B
$2.0B
Q3 24
$4.6B
$2.0B
Q2 24
$4.6B
$1.8B
Q1 24
$4.4B
$1.8B
Net Profit
PPC
PPC
SANM
SANM
Q4 25
$88.0M
$49.3M
Q3 25
$342.8M
$48.1M
Q2 25
$355.5M
$68.6M
Q1 25
$296.0M
$64.2M
Q4 24
$235.9M
$65.0M
Q3 24
$349.9M
$61.4M
Q2 24
$326.3M
$51.6M
Q1 24
$174.4M
$52.5M
Gross Margin
PPC
PPC
SANM
SANM
Q4 25
9.5%
7.6%
Q3 25
13.9%
9.1%
Q2 25
15.0%
8.9%
Q1 25
12.4%
8.9%
Q4 24
12.7%
8.4%
Q3 24
14.9%
8.5%
Q2 24
15.2%
8.3%
Q1 24
8.8%
8.4%
Operating Margin
PPC
PPC
SANM
SANM
Q4 25
4.5%
2.3%
Q3 25
10.4%
3.7%
Q2 25
10.8%
4.7%
Q1 25
9.1%
4.6%
Q4 24
7.0%
4.4%
Q3 24
11.1%
4.4%
Q2 24
9.7%
4.5%
Q1 24
5.7%
4.1%
Net Margin
PPC
PPC
SANM
SANM
Q4 25
1.9%
1.5%
Q3 25
7.2%
2.3%
Q2 25
7.5%
3.4%
Q1 25
6.6%
3.2%
Q4 24
5.4%
3.2%
Q3 24
7.6%
3.0%
Q2 24
7.2%
2.8%
Q1 24
4.0%
2.9%
EPS (diluted)
PPC
PPC
SANM
SANM
Q4 25
$0.37
$0.89
Q3 25
$1.44
$0.88
Q2 25
$1.49
$1.26
Q1 25
$1.24
$1.16
Q4 24
$1.00
$1.16
Q3 24
$1.47
$1.09
Q2 24
$1.37
$0.91
Q1 24
$0.73
$0.93

Balance Sheet & Financial Strength

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

Metric
PPC
PPC
SANM
SANM
Cash + ST InvestmentsLiquidity on hand
$640.2M
$1.4B
Total DebtLower is stronger
$3.1B
$2.2B
Stockholders' EquityBook value
$3.7B
$2.7B
Total Assets
$10.3B
$9.8B
Debt / EquityLower = less leverage
0.84×
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PPC
PPC
SANM
SANM
Q4 25
$640.2M
$1.4B
Q3 25
$612.6M
$926.3M
Q2 25
$849.0M
$797.9M
Q1 25
$2.1B
$647.1M
Q4 24
$2.0B
$642.4M
Q3 24
$1.9B
$625.9M
Q2 24
$1.3B
$657.7M
Q1 24
$870.8M
$650.9M
Total Debt
PPC
PPC
SANM
SANM
Q4 25
$3.1B
$2.2B
Q3 25
$3.1B
$300.5M
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
PPC
PPC
SANM
SANM
Q4 25
$3.7B
$2.7B
Q3 25
$3.5B
$2.5B
Q2 25
$3.7B
$2.5B
Q1 25
$3.1B
$2.4B
Q4 24
$4.2B
$2.4B
Q3 24
$4.2B
$2.4B
Q2 24
$3.7B
$2.3B
Q1 24
$3.5B
$2.3B
Total Assets
PPC
PPC
SANM
SANM
Q4 25
$10.3B
$9.8B
Q3 25
$10.0B
$5.9B
Q2 25
$10.1B
$5.2B
Q1 25
$11.0B
$5.0B
Q4 24
$10.7B
$4.8B
Q3 24
$10.7B
$4.8B
Q2 24
$10.1B
$4.7B
Q1 24
$9.8B
$4.7B
Debt / Equity
PPC
PPC
SANM
SANM
Q4 25
0.84×
0.82×
Q3 25
0.87×
0.12×
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. Cash flow is harder to manipulate than net income.

Metric
PPC
PPC
SANM
SANM
Operating Cash FlowLast quarter
$291.2M
$178.7M
Free Cash FlowOCF − Capex
$10.0M
$91.9M
FCF MarginFCF / Revenue
0.2%
2.9%
Capex IntensityCapex / Revenue
6.2%
2.7%
Cash ConversionOCF / Net Profit
3.31×
3.63×
TTM Free Cash FlowTrailing 4 quarters
$653.1M
$518.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PPC
PPC
SANM
SANM
Q4 25
$291.2M
$178.7M
Q3 25
$458.3M
$199.1M
Q2 25
$495.2M
$200.8M
Q1 25
$126.9M
$156.9M
Q4 24
$349.3M
$63.9M
Q3 24
$651.1M
$51.9M
Q2 24
$718.6M
$90.0M
Q1 24
$271.0M
$72.3M
Free Cash Flow
PPC
PPC
SANM
SANM
Q4 25
$10.0M
$91.9M
Q3 25
$275.9M
$136.6M
Q2 25
$339.1M
$163.7M
Q1 25
$28.1M
$126.1M
Q4 24
$176.6M
$46.9M
Q3 24
$565.3M
$27.2M
Q2 24
$617.7M
$67.2M
Q1 24
$171.9M
$42.7M
FCF Margin
PPC
PPC
SANM
SANM
Q4 25
0.2%
2.9%
Q3 25
5.8%
6.5%
Q2 25
7.1%
8.0%
Q1 25
0.6%
6.4%
Q4 24
4.0%
2.3%
Q3 24
12.3%
1.4%
Q2 24
13.5%
3.7%
Q1 24
3.9%
2.3%
Capex Intensity
PPC
PPC
SANM
SANM
Q4 25
6.2%
2.7%
Q3 25
3.8%
3.0%
Q2 25
3.3%
1.8%
Q1 25
2.2%
1.5%
Q4 24
4.0%
0.9%
Q3 24
1.9%
1.2%
Q2 24
2.2%
1.2%
Q1 24
2.3%
1.6%
Cash Conversion
PPC
PPC
SANM
SANM
Q4 25
3.31×
3.63×
Q3 25
1.34×
4.14×
Q2 25
1.39×
2.93×
Q1 25
0.43×
2.44×
Q4 24
1.48×
0.98×
Q3 24
1.86×
0.85×
Q2 24
2.20×
1.74×
Q1 24
1.55×
1.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

SANM
SANM

Industrial And Energy Medical Defense And Aerospace And Automotive And Transportation$1.2B38%
ZT Systems$1.1B34%
Other Segments CPS$434.3M14%
CPS Third Party Revenue$412.7M13%
Change In Accounting Method Accounted For As Change In Estimate$2.7M0%

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