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Broadline foodservice distributor supplying food, equipment and supplies to restaurants, healthcare and hospitality customers.
Broadline foodservice distributor supplying food, equipment and supplies to restaurants, healthcare and hospitality customers.
Buys from food producers and resells to restaurants and institutions at a markup, adding delivery and ordering services, so profit depends on cost per case delivered. Independent restaurants, which buy smaller orders at higher markups, are the prized customers, ahead of chains and healthcare. Sysco is the larger rival.
Moat: narrow (scale, distribution, cost advantage). Warehouse/logistics density and purchasing scale beat smaller regional distributors on cost.
Headquarters: Rosemont, Illinois, US · Founded: 1989 · Employees: 30,000
Size US Foods (USFD) is a United States Consumer Staples company (Food Distributors) with a market value of $23.1B, the 448th largest of 3,117 United States companies the cockpit tracks. Shares closed at $106.67 on 6 Nov 2026.
Performance Over six months the shares gained 26.4%, against -13.1% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 3.8% over the last twelve months (peer median +3.3%); the operating margin is 3.4% (peer median 2.5%).
Valuation It trades at 20.8× forward earnings against a peer median of 13.1× (4th most expensive of 17).
Price implies For today's price to make sense, revenue must grow about 12% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is +0 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.8 points above its cost of capital (8.5% WACC).
Credit US Foods has 5 bonds outstanding ($2.90B), rated BB+ by the agencies and trading like BBB- at a weighted spread of 103 bp.
Short interest Short interest is 6.5% of the free float (15 Oct 2026).
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $40.1B | $39.4B | $37.9B | $35.6B | $34.1B |
| Revenue growth | — | +4% | +6% | +5% | — |
| Gross profit | $7.04B | $6.86B | $6.53B | $6.15B | $5.49B |
| EBITDA | $1.85B | $1.79B | $1.64B | $1.50B | $1.07B |
| Net income | $728M | $676M | $494M | $506M | $265M |
| Free cash flow | $946M | $959M | $833M | $831M | $500M |
| Capital expenditure | $423M | $410M | $341M | $309M | $265M |
| Total debt | $5.41B | $5.72B | $5.43B | $5.20B | $5.31B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| US Foods USFD | $23.1B | +26% | +4% | 3% | 20.8× | 11.7% |
| Sysco SYY | $37.8B | +7% | +4% | 4% | 14.9× | -0.4% |
| Performance Food PFGC | $17.0B | +15% | +6% | 1% | 18.3× | 14.7% |
| Chefs' Warehouse CHEF | $4.51B | +27% | +12% | 4% | 36.3× | 22.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | USFD | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.8% | +1.5% | 3rd highest of 21 |
| 6-month return | +26.4% | -13.1% | 3rd highest of 21 |
| Distance from 52-week high | -5.2% | -19.1% | highest of 21 |
| Revenue growth (TTM) | +3.8% | +3.3% | 10th highest of 21 |
| Operating margin | 3.4% | 2.5% | 10th highest of 21 |
| Forward P/E | 20.8× | 13.1× | 4th most expensive of 17 |
| Growth the price implies (Req g, 7 yrs) | 11.7% | 7.4% | 7th most demanding of 16 |
| Growth delivered (Del g) | +11.5% | +3.9% | 6th highest of 16 |
| Hurdle (Req g minus delivered) | +0.2 pp | -5.5 pp | 7th most demanding of 16 |
| ROIC minus cost of capital | +2.8 pp | -0.7 pp | 4th highest of 20 |
| Net debt / EBITDA | 2.9× | 2.5× | 6th most indebted of 16 |
| Bond spread | 103 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| US Foods USFD | United States | $23.1B | +26% | +4% | 3% | 20.8× | 11.7% | +11.5% |
| Sysco SYY | United States | $37.8B | +7% | +4% | 4% | 14.9× | -0.4% | +10.5% |
| Busy Ming 1768.HK | Hong Kong | $8.31B | -36% | +68% | 5% | 11.3× | 16.0% | +143.4% |
| Chefs' Warehouse CHEF | United States | $4.51B | +27% | +12% | 4% | 36.3× | 22.6% | +30.1% |
| Premium Brands PBH.TO | Canada | $2.86B | -13% | +20% | 5% | 12.2× | 7.4% | +12.9% |
| United Natural Foods UNFI | United States | $2.73B | -13% | -2% | 1% | 13.6× | 6.5% | +2.9% |
| Metcash MTS.AX | Australia | $2.55B | +12% | 0% | 3% | 14.1× | 0.9% | +3.9% |
| Maple Leaf Foods MFI.TO | Canada | $2.39B | -13% | -17% | 8% | 16.1× | 2.4% | -1.9% |
| Kato Sangyo 9869.T | Japan | $1.35B | +10% | +2% | 1% | n/a | -9.5% | +1.9% |
| Dole DOLE | United States | $1.31B | -7% | +8% | 2% | 10.6× | 4.1% | +16.1% |
| Jiangxi Huangshanghuang Group Food 002695.SZ | China | $880M | -14% | +17% | 7% | 39.9× | 14.7% | -7.1% |
| Young & Co.'s Brewery, P.L.C YNGA.L | United Kingdom | $822M | +52% | +5% | 14% | 15.4× | 9.0% | +42.0% |
| Agencia Comercial Spirits AGCC | United States | $804M | -24% | +145% | 13% | n/a | n/a | n/a |
| Krispy Kreme DNUT | United States | $723M | +16% | -5% | 0% | 50.0× | 23.2% | +6.3% |
| Shanghai Bright Meat 600073.SS | China | $702M | -15% | +3% | -3% | 8.5× | 37.0% | -1.5% |
| COFCO Joycome Foods 1610.HK | Hong Kong | $669M | -18% | -8% | -10% | n/a | n/a | n/a |
| S Foods 2292.T | Japan | $537M | -6% | +8% | 2% | 11.2× | n/a | n/a |
| Atria ATRAV.HE | Finland | $509M | +12% | +6% | 4% | 9.1× | -5.2% | +3.8% |
| Guangdong Guanghong 000529.SZ | China | $404M | -19% | -12% | -12% | n/a | n/a | n/a |
| MARR MARR.MI | Italy | $389M | -38% | +3% | 2% | 12.6× | n/a | n/a |
| ShandongLongda Meishi 002726.SZ | China | $382M | -34% | -25% | -9% | 9.4× | 23.5% | -16.1% |
US Foods has 5 bonds outstanding with $2.90B face value. The agencies rate it BB+; its bonds trade like BBB-. Weighted yield 5.62%, a spread of 103 bp over government bonds.