US Foods Holding Corp. USFD

Industrials SIC 5140 - Wholesale-Groceries & Related Products NAICS Wholesale Trade › Merchant Wholesalers, Nondurable Goods › Grocery and Related Product Merchant Wholesalers derived NYSE

US Foods Holding Corp. and its consolidated subsidiaries are referred to in this Annual Report as "we," "our," "us," the "Company," or "US Foods." US Foods Holding Corp. conducts all of its operations through its wholly owned subsidiary US Foods, Inc. ("USF") and its subsidiaries.

At US Foods, we strive to inspire and empower chefs and foodservice operators to bring great food experiences to consumers. This mission is supported by our brand promise of WE HELP YOU MAKE IT®. Our promise brings three key elements to the forefront for our customers; (1) more quality products, like our large and diverse Exclusive Brand portfolio that is based on consistency, freshness and innovation, (2) more tools, centering on our industry-leading ecommerce platform, MOXē®, and (3) more deliveries, with expanded options for on-time delivery enabled by our traditional broadline services and our convenient and flexible Pronto® program. We operate as one business with standardized business processes, shared systems infrastructure, and an organizational model that optimizes national scale with local execution, allowing us to manage our business as a single operating segment. We have centralized activities where scale matters and our local field structure focuses on customer-facing activities.

Last close 100.91 2026-10-23
Market cap $21.83B 2026-06-27 share count
52-week range 69.88 - 111.42

Valuation FY2025 figures against the last close

P/S0.6x
P/E34.3x
P/FCF22.8x
EV/EBITDA13.1x
Dividend yield—
Diluted EPS2.94

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $39.42B$37.88B$35.60B$34.06B$29.49B$22.89B$25.94B$24.18B$24.15B$22.92B
Cost of revenue $32.56B$31.34B$29.45B$28.57B$24.83B$19.17B$21.35B$19.87B$19.93B$18.87B
Gross profit $6.86B$6.53B$6.15B$5.49B$4.66B$3.72B$4.59B$4.31B$4.22B$4.05B
SG&A $5.63B$5.41B$5.12B$4.89B$4.22B$3.76B$3.89B$3.65B$3.63B$3.58B
Total operating expenses $5.67B$5.43B$5.13B$4.90B$4.23B$3.80B$3.89B$3.65B$3.63B$3.63B
Operating income $1.20B$1.10B$1.02B$594.0M$424.0M-$77.0M$699.0M$658.0M$588.0M$419.0M
Interest expense $305.0M$315.0M$324.0M$255.0M$213.0M$238.0M$184.0M$175.0M$170.0M$229.0M
Pre-tax income $898.0M$644.0M$678.0M$361.0M$214.0M-$294.0M$511.0M$496.0M$404.0M$131.0M
Income tax $222.0M$150.0M$172.0M$96.0M$50.0M$68.0M$126.0M$89.0M$40.0M$79.0M
Net income $676.0M$494.0M$506.0M$265.0M$164.0M-$226.0M$385.0M$407.0M$444.0M$210.0M
EPS, basic 2.982.052.091.020.55-1.151.771.882.001.05
EPS, diluted 2.942.022.021.010.54-1.151.751.871.971.03
Shares, diluted (wtd. avg.) 230.0M244.0M250.0M226.0M225.0M220.0M220.0M218.0M226.0M204.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $41.0M$59.0M$269.0M$211.0M$148.0M$828.0M$98.0M$105.0M$119.0M$131.0M
Receivables $2.03B$1.96B$1.85B$1.71B$1.47B$1.08B$1.46B$1.35B$1.30B$1.23B
Inventory $1.71B$1.63B$1.60B$1.62B$1.69B$1.27B$1.43B$1.28B$1.21B$1.22B
Total current assets $4.16B$3.97B$4.03B$3.82B$3.59B$3.46B$3.26B$2.98B$2.82B$2.79B
Property, plant and equipment $2.68B$2.40B$2.28B$2.17B$2.03B$2.02B$2.08B$1.84B$1.80B$1.77B
Goodwill $5.79B$5.77B$5.70B$5.62B$5.62B$5.64B$4.73B$3.97B$3.97B$3.91B
Other intangibles $781.0M$836.0M$803.0M$785.0M$830.0M$892.0M$967.0M$324.0M$364.0M$386.9M
Total assets $13.94B$13.44B$13.19B$12.77B$12.52B$12.42B$11.29B$9.19B$9.04B$8.94B
Accounts payable $2.45B$2.23B$2.05B$1.85B$1.66B$1.22B$1.46B$1.36B$1.29B$1.29B
Short-term debt —————————$76.0M
Total current liabilities $3.59B$3.30B$3.11B$2.80B$2.55B$1.98B$2.36B$2.08B$2.00B$1.97B
Long-term debt ————————$3.80B$3.80B
Total liabilities $9.64B$8.91B$8.44B$8.28B$8.25B$8.37B$7.58B$5.96B$6.29B$6.41B
Retained earnings $2.68B$2.00B$1.51B$1.01B$782.0M$661.0M$916.0M$531.0M$124.0M-$136.5M
Total equity $4.31B$4.53B$4.75B$3.96B$3.73B$3.53B$3.71B$3.23B$2.75B$2.54B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.37B$1.17B$1.14B$765.0M$419.0M$413.0M$760.0M$609.0M$749.0M$549.0M
Depreciation and amortisation $462.0M$438.0M$395.0M$372.0M$378.0M$422.0M$362.0M$340.0M$378.0M$421.0M
Stock-based compensation $83.0M$63.0M$56.0M$45.0M$48.0M$40.0M$32.0M$28.0M$21.0M$18.0M
Capital expenditure $410.0M$341.0M$309.0M$265.0M$274.0M$189.0M$258.0M$235.0M$221.0M$164.0M
Investing cash flow -$497.0M-$552.0M-$495.0M-$255.0M-$262.0M-$1.11B-$1.99B-$232.0M-$356.0M-$762.0M
Financing cash flow -$890.0M-$831.0M-$587.0M-$447.0M-$837.0M$1.43B$1.22B-$391.0M-$405.0M-$180.0M
Buybacks $926.0M$948.0M$294.0M$14.0M$0$0$0$0$280.0M$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001665918-26-000008.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -10B 0 10B 20B 30B 40B Revenue, FY2016: 22.9B Gross profit, FY2016: 4.1B Net income, FY2016: 210M Revenue, FY2017: 24.1B Gross profit, FY2017: 4.2B Net income, FY2017: 444M Revenue, FY2018: 24.2B Gross profit, FY2018: 4.3B Net income, FY2018: 407M Revenue, FY2019: 25.9B Gross profit, FY2019: 4.6B Net income, FY2019: 385M Revenue, FY2020: 22.9B Gross profit, FY2020: 3.7B Net income, FY2020: -226M Revenue, FY2021: 29.5B Gross profit, FY2021: 4.7B Net income, FY2021: 164M Revenue, FY2022: 34.1B Gross profit, FY2022: 5.5B Net income, FY2022: 265M Revenue, FY2023: 35.6B Gross profit, FY2023: 6.1B Net income, FY2023: 506M Revenue, FY2024: 37.9B Gross profit, FY2024: 6.5B Net income, FY2024: 494M Revenue, FY2025: 39.4B Gross profit, FY2025: 6.9B Net income, FY2025: 676M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $22.92B $24.15B $24.18B $25.94B $22.89B $29.49B $34.06B $35.60B $37.88B $39.42B
Gross profit $4.05B $4.22B $4.31B $4.59B $3.72B $4.66B $5.49B $6.15B $6.53B $6.86B
Net income $210.0M $444.0M $407.0M $385.0M -$226.0M $164.0M $265.0M $506.0M $494.0M $676.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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