Is the business good?
How good a business is USFD?
US Foods Holding Corp. earns 10.0% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
10.0%
Return on invested capital · cost of capital 9.0% · 0.96 points above what the capital costs: growth creates value
- Operating margin
- 3.0%
Operating margin · Food Distribution median 3.3% · 12 months to Q1 2026
- Cash conversion
- 1.25×
Cash conversion · 2.06× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −4.7%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | −0.34% |
| FY2021 | 1.4% |
| FY2022 | 1.7% |
| FY2023 | 2.9% |
| FY2024 | 2.9% |
| FY2025 | 3.0% |
Details›
- Gross margin12 months to Q1 2026
- 17%
- Operating margin12 months to Q1 2026
- 3.0%
- Net margin12 months to Q1 2026
- 1.7%
- Free cash flow margin
- 2.1%
- Revenue, trailing twelve months
- $39.7B
- Free cash flow, trailing twelve months
- $848M
- Net income, trailing twelve months
- $677M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 10.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.