US Foods Holding Corp (USFD) (2024)

FAQs

Is US Foods in debt? ›

Net Debt at the end of fiscal year 2023 was $4.4 billion, a decrease of $238 million versus the end of fiscal 2022. The ratio of Net Debt to Adjusted EBITDA was 2.8x at the end of fiscal 2023, as compared to 3.5x at the end of fiscal 2022.

US Foods Holding has a market cap or net worth of $12.25 billion as of April 19, 2024. Its market cap has increased by 46.62% in one year.

US Foods Holding Corp (US Foods) markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers. The company's products offering includes meat, seafood, refrigerated, frozen, and dry grocery products, dairy products, beverages, and other produce.

US Foods Gross Profit Margin (Quarterly): 17.79% for Dec. 31, 2023.

US Foods Holding Corp.

(formerly known as U.S. Food service) is an American food service distributor founded in 1989. With approximately $24 billion in annual revenue, US Foods was the 10th largest private company in the US until its IPO.

You might hear on the news or through your social media feed about a food recall, and wonder if the food you eat is safe? In fact, the U.S. has one of the safest food supplies in the world, even though the news usually does not include this reassuring fact.

Sysco said it controls about 18% of a $235 billion market for foodservice in the United States and Canada, and that U.S. Foods is second with 9%. Performance Food Group is ranked third with 5% of the market, based on sales in 2012. U.S. Foods said it had about $22 billion in annual revenue.

The main competitors of US Foods include Sysco (SYY), Campbell Soup (CPB), Lamb Weston (LW), J. M. Smucker (SJM), Albertsons Companies (ACI), Molson Coors Beverage (TAP), Conagra Brands (CAG), Coty (COTY), e.l.f. Beauty (ELF), and Celsius (CELH). These companies are all part of the "consumer staples" sector.

The name U.S. Foodservice came from United Signature Foods Inc. This broadline distributor created in 1992 and based in Pennsylvania, was created for the acquisition of White Swan Inc. and set the stage for the company that eventually becomes US Foods.

David E. Flitman has served as Chief Executive Officer and a director of US Foods since January 2023.

Is US Foods public or private? ›

Today, we're a publicly traded Fortune 150 company on the New York Stock Exchange (NYSE), and inside our doors you'll find us developing leading-edge solutions to help our customers' operations flourish.

U.S. Foods is ranked fifth with more than 5,400 tractors, nearly 350 straight trucks and more than 8,400 trailers. Based on these rankings, the combination would create the nation's second largest private truck fleet with PepsiCo still being ranked number one.

US Foods is headquartered in Rosemont, IL, and generates more than $28 billion in annual revenue. Visit usfoods.com to learn more.

Using the average annual sales of $8,580,978 for non-mall units, we estimate that the average Chick-Fil-A makes $1,277,000 in profits per year (EBITDA). This is a 15% EBITDA margin. Note this operating profit only includes COGS, labor, rent and royalty and marketing fees paid to the franchisor.

Coffee and Specialty Beverages: Coffee has one of the highest markups in the food and beverage industry. This includes specialty drinks like lattes, cappuccinos, and iced coffees. Baked Goods: Items like cakes, cookies, and pastries usually have high-profit margins.

Our modeling found that between 2016 and 2021, annual surplus food in the U.S. increased by 4.8%. Total surplus reached its peak in 2019, and then experienced a slight decline in 2020, most likely due to the impacts of COVID-19 across the value chain. It then increased to roughly the same levels as 2019.

Americans are struggling to afford enough food. As of October 2023, 53.7% of American adults were able to access and afford the food they wanted all the time. One out of every eight American adults is struggling to afford enough food.

The New York Fed's quarterly Household Debt and Credit Survey (HHDC) shows that total consumer debt stands at $17.503 trillion as of the fourth quarter of 2023. That's a record high.