US Foods Holding Corp.

USFD Consumer Defensive Food Distribution

US Foods Holding Corp.’s revenue for fiscal 2025 (year ended December 2025) was $39.4 billion, up 4.08% from fiscal 2024.

Revenue
+4.46%
EPS
+29.9%
Free cash flow
+36.0%
Total debt
+8.40%

Quarter to June 2026, against a year earlier

105.49 1.88 +1.81%
Market cap
$22.4B
P/E
32.0×
Fwd P/E
26.1×
Dividend yield
—
F-score
7/9
Altman Z
4.49
Beneish M
−2.70
Dividend safety
n/a

US Foods Holding Corp. (USFD) Earnings & Analysis

Updated · Covers results through Q2 FY2026 · How this is made

Latest quarter

US Foods reported Q2 FY2026 revenue of $10.5 billion, with revenue as the consensus counts it 0.67% above the consensus of $10.5 billion. The company reported adjusted EPS, as the consensus counts it, of $1.44, which was 5.11% above the consensus of $1.37. Revenue increased 4.46% from Q2 FY2025, while diluted EPS increased 29.2%, according to the company’s results.

The filing said net sales increased on case-volume growth and food-cost inflation. Total case volume increased 1.9%, as independent restaurant, healthcare and hospitality volume increased, while chain volume decreased 1.5%. The filing reported gross margin of 18.2%, compared with 17.6% a year earlier, and operating margin of 4.21%, compared with 3.69%. The company reported free cash flow of $355.0 million, compared with $261.0 million in the prior-year quarter.

Q2 FY2026 Q2 FY2025 Change
Revenue $10.5 billion $10.1 billion 4.46%
Diluted EPS $1.24 $0.96 29.2%
Gross margin 18.2% 17.6% 0.6 percentage points
Operating margin 4.21% 3.69% 0.5 percentage points
Free cash flow $355.0 million $261.0 million 36.0%
Against the consensus Reported Consensus Result
Adjusted EPS $1.44 $1.37 Beat by 5.11%
Revenue $10.5 billion $10.5 billion Beat by 0.67%

Adjusted EPS is the figure the consensus estimates, not the GAAP EPS above.

What management said on the call

No latest earnings-call transcript was available, so US Foods’ commentary from a call, including management’s discussion of demand, pricing, margins, investment, competition and the quarter ahead, cannot be reported.

Guidance

US Foods’ August 6 results release expects FY2026 net sales growth of 4.00% to 6.00% in its FY2026 outlook. The release expects non-GAAP adjusted EBITDA growth of 9.00% to 13.0% and non-GAAP adjusted diluted EPS of $0.18 to $0.24 for FY2026.

Metric For Guide Previous guide Change
EPS growth, non-GAAP FY2026 $0.18–$0.24 — New
EBITDA growth, non-GAAP FY2026 9.00%–13.0% — New
Revenue growth FY2026 4.00%–6.00% — New