USFDNYSEWholesale-Groceries & Related ProductsFiscal year ends January 2
US Foods Holding Corp.
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 6, 2026
$100.38−1.58 (-1.55%)
Close on Oct 19, 2026
- Market cap
- $22.18B
- P/E (TTM)
- 30.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2013 to 2025
Gross margin
17.4%+1.2 pts over 5 years
Operating margin
3.0%+3.4 pts over 5 years
Net margin
1.7%+2.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +4.1% | +5.0% | +11.5% | +5.5% | |
| Gross profit | +5.1% | +7.7% | +13.0% | +5.5% | |
| Operating income | +9.1% | +26.4% | – | +20.2% | |
| Net income | +36.8% | +36.6% | – | +15.0% | |
| EPS, diluted | +45.5% | +42.8% | – | +11.6% | |
| Free cash flow | +15.1% | +24.2% | +33.8% | +10.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.5% | -6.2% | 15.3% | |
| Return on assets | 2.3% | -1.9% | 4.9% | |
| Current ratio | 1.42 | 1.75 | 1.16 | |
| Debt to equity | 1.49 | 1.63 | 1.21 | |
| Net debt to EBITDA | 4.35× | 14.26× | 3.11× | |
| Interest coverage | 1.8× | -0.3× | 3.9× | |
| Inventory turnover | 16.2× | 14.2× | 19.5× | |
| Capex to revenue | 0.7% | 0.8% | 1.0% | |
| Diluted shares | 204M | 220M | 230M |
Where the cash went
Fiscal 2021 to 2025, five years combined
US Foods generated $4.87B from operations and spent $3.78B on capital expenditure, dividends and share buybacks. 42% of that went back into the business.
Generated
$4.87B
Used
$3.78B
Capital expenditure$1.60B42%Dividends$00%Share buybacks$2.18B58%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.7%
×Asset turnover2.88×
×Equity multiplier3.10×
=Return on equity, FY202515.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 1.7% | 2.88× | 3.10× | 15.3% |
| FY2024 | 1.3% | 2.85× | 2.87× | 10.6% |
| FY2023 | 1.4% | 2.74× | 2.98× | 11.6% |
| FY2022 | 0.8% | 2.69× | 3.29× | 6.9% |
| FY2021 | 0.6% | 2.36× | 3.43× | 4.5% |
| FY2020 | -1.0% | 1.93× | 3.28× | -6.2% |
| FY2019 | 1.5% | 2.53× | 2.95× | 11.1% |
| FY2018 | 1.7% | 2.65× | 3.05× | 13.6% |
| FY2017 | 1.8% | 2.69× | 3.40× | 16.8% |
| FY2016 | 0.9% | 2.52× | 4.12× | 9.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$676.00M
- Cash generatingOperating cash flow above zero$1.37B
- Return on assets improvedROA up on the prior year3.7% → 5.0%
- Earnings backed by cashOperating cash flow above net income$1.37B vs $676.00M
- Less leverageLong-term debt to assets fell35.9% → 36.3%
- Better liquidityCurrent ratio rose1.21 → 1.16
- No dilutionShare count did not rise244M → 230M
- Gross margin improvedGross margin up on the prior year17.25% → 17.41%
- More efficientAsset turnover rose2.87 → 2.93