USFD · US Foods Holding Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $39.42B | $37.88B | $35.60B | $34.06B | $29.49B | $22.89B |
| Cost of Revenue | $32.56B | $31.34B | $29.45B | $28.57B | $24.83B | $19.17B |
| Gross Profit | $6.86B | $6.53B | $6.15B | $5.49B | $4.66B | $3.72B |
| R&D | - | - | - | - | - | - |
| SG&A | $5.63B | $5.41B | $5.12B | $4.89B | $4.22B | $3.76B |
| Total Operating Expenses | $5.67B | $5.43B | $5.13B | $4.90B | $4.23B | $3.80B |
| D&A | $462.00M | $438.00M | $395.00M | $372.00M | $378.00M | $422.00M |
| Operating Income | $1.20B | $1.10B | $1.02B | $594.00M | $424.00M | ($77.00M) |
| Interest Expense | $305.00M | $324.00M | $324.00M | $255.00M | $213.00M | $238.00M |
| Income Tax | $222.00M | $150.00M | $172.00M | $96.00M | $50.00M | ($68.00M) |
| Net Income | $676.00M | $494.00M | $506.00M | $265.00M | $164.00M | ($226.00M) |
| EPS - Basic | $2.98 | $2.05 | $2.09 | $1.02 | $0.55 | ($1.15) |
| EPS - Diluted | $2.94 | $2.02 | $2.02 | $1.01 | $0.54 | ($1.15) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $41.00M | $59.00M | $269.00M | $211.00M | $148.00M | $828.00M |
| Accounts Receivable | $2.03B | $1.96B | $1.85B | $1.71B | $1.47B | $1.08B |
| Inventory | $1.71B | $1.63B | $1.60B | $1.62B | $1.69B | $1.27B |
| Accounts Payable | $2.45B | $2.23B | $2.05B | $1.85B | $1.66B | $1.22B |
| Current Assets | $4.16B | $3.97B | $4.03B | $3.82B | $3.59B | $3.46B |
| Total Assets | $13.94B | $13.44B | $13.19B | $12.77B | $12.52B | $12.42B |
| Current Liabilities | $3.59B | $3.30B | $3.11B | $2.80B | $2.55B | $1.98B |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $9.64B | $8.91B | $8.44B | $8.28B | $8.25B | $8.37B |
| Stockholders' Equity | $4.31B | $4.53B | $4.75B | $3.96B | $3.73B | $3.53B |
| Retained Earnings | $2.68B | $2.00B | $1.51B | $1.01B | $782.00M | $661.00M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.37B | $1.17B | $1.14B | $765.00M | $419.00M | $413.00M |
| Investing Cash Flow | ($497.00M) | ($552.00M) | ($495.00M) | ($255.00M) | ($262.00M) | ($1.11B) |
| Financing Cash Flow | ($890.00M) | ($831.00M) | ($587.00M) | ($447.00M) | ($837.00M) | $1.43B |
| CapEx | $410.00M | $341.00M | $309.00M | $265.00M | $274.00M | $189.00M |
| Free Cash Flow | $959.00M | $833.00M | $831.00M | $500.00M | $145.00M | $224.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 17.4% | 17.3% | 17.3% | 16.1% | 15.8% | 16.3% |
| Operating margin | 3.0% | 2.9% | 2.9% | 1.7% | 1.4% | -0.3% |
| EBITDA margin | 4.2% | 4.1% | 4.0% | 2.8% | 2.7% | 1.5% |
| Net margin | 1.7% | 1.3% | 1.4% | 0.8% | 0.6% | -1.0% |
| Free cash flow margin | 2.4% | 2.2% | 2.3% | 1.5% | 0.5% | 1.0% |
| FCF / Net income | 1.42 | 1.69 | 1.64 | 1.89 | 0.88 | -0.99 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 14.3% | 14.3% | 14.4% | 14.3% | 14.3% | 16.4% |
| Effective tax rate | 24.7% | 23.3% | 25.4% | 26.6% | 23.4% | - |
| Return on assets | 4.8% | 3.7% | 3.8% | 2.1% | 1.3% | -1.8% |
| Return on equity | 15.7% | 10.9% | 10.7% | 6.7% | 4.4% | -6.4% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.16 | 1.21 | 1.30 | 1.37 | 1.41 | 1.75 |
| Quick ratio | 0.68 | 0.71 | 0.78 | 0.79 | 0.75 | 1.11 |
| Cash ratio | 0.01 | 0.02 | 0.09 | 0.08 | 0.06 | 0.42 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 3.9x | 3.4x | 3.1x | 2.3x | 2.0x | -0.3x |
| Equity multiplier | 3.24 | 2.97 | 2.78 | 3.22 | 3.35 | 3.52 |
| Liabilities / Assets | 0.69 | 0.66 | 0.64 | 0.65 | 0.66 | 0.67 |
| Efficiency | ||||||
| Asset turnover | 2.83 | 2.82 | 2.70 | 2.67 | 2.36 | 1.84 |
| Inventory turnover | 19.03 | 19.28 | 18.41 | 17.68 | 14.73 | 15.06 |
| Days sales outstanding | 19d | 19d | 19d | 18d | 18d | 17d |
| Days inventory outstanding | 19d | 19d | 20d | 21d | 25d | 24d |
| Days payable outstanding | 27d | 26d | 25d | 24d | 24d | 23d |
| Cash conversion cycle | 11d | 12d | 13d | 15d | 19d | 18d |
| Valuation | ||||||
| P / E | 25.6x | 33.4x | 22.5x | 33.7x | 64.5x | - |
| P / B | 4.0x | 3.6x | 2.4x | 1.9x | 2.1x | 2.1x |
| P / S | 0.4x | 0.4x | 0.3x | 0.2x | 0.3x | 0.3x |
| EV / EBITDA | 10.4x | 10.7x | 7.8x | 7.7x | 9.6x | 18.8x |
| Growth | ||||||
| Revenue growth (YoY) | 4.1% | 6.4% | 4.5% | 15.5% | 28.8% | -11.8% |
| Revenue CAGR (3y) | 5.0% | 8.7% | 15.9% | 9.5% | 6.8% | -1.8% |
| Revenue CAGR (5y) | 11.5% | 7.9% | 8.0% | 7.1% | 5.0% | - |
| Gross profit growth (YoY) | 5.1% | 6.3% | 11.9% | 18.0% | 25.2% | -18.9% |
| Operating income growth (YoY) | 9.1% | 8.1% | 71.2% | 40.1% | - | - |
| Net income growth (YoY) | 36.8% | -2.4% | 90.9% | 61.6% | - | - |
| EPS growth (YoY) | 45.5% | 0.0% | 100.0% | 87.0% | - | - |
| EPS CAGR (3y) | 42.8% | 55.2% | - | -16.7% | -33.9% | - |
| EPS CAGR (5y) | - | 2.9% | 1.6% | -12.5% | -11.2% | - |
| FCF growth (YoY) | 15.1% | 0.2% | 66.2% | 244.8% | -35.3% | -55.4% |
| FCF CAGR (5y) | 33.8% | 10.7% | 21.5% | -1.1% | -17.0% | - |
| Book value growth (YoY) | -4.9% | -4.7% | 19.9% | 6.1% | 5.8% | -4.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-27.
Business segments
$39.42B totalReportable Segment$39.42B · 100.0%
Product / service
$39.42B totalProduct One$13.97B · 35.4%
Product Two$6.68B · 17.0%
Product Three$6.63B · 16.8%
Product Four$4.21B · 10.7%
Product Five$3.63B · 9.2%
Product Six$2.34B · 5.9%
Product Seven$1.95B · 4.9%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
3.47
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Wholesale-Groceries & Related Products
Comparing US Foods Holding Corp. against the 5 most active filers in the same SIC group.