Monday 2 November 2026 Export USFD’s income statement to Excel — free account

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%

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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

Overview Business Profile Earnings & Analysis Segments Filings

US Foods Holding Corp. (USFD) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Reportable Segment	39,424	100.00%
Gross margin		17.41%
Operating margin		3.04%
Pre-tax margin		2.28%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Meats and seafood	13,974 35.45%	12,930 34.14%	11,953 33.58%	12,375 36.34%	11,245 38.14%	8,131 35.53%	9,313 35.90%	8,635 35.72%	8,692 36.00%	8,121 35.43%	8,392 36.29%	8,326 36.17%
Dry grocery products	6,685 16.96%	6,624 17.49%	6,407 18.00%	5,758 16.91%	4,979 16.89%	3,931 17.18%	4,427 17.07%	4,239 17.53%	4,266 17.67%	4,127 18.01%	4,124 17.83%	4,153 18.04%
Refrigerated and frozen grocery products	6,635 16.83%	6,423 16.96%	6,053 17.00%	5,253 15.42%	4,453 15.10%	3,583 15.66%	4,253 16.40%	3,898 16.12%	3,799 15.73%	3,653 15.94%	3,583 15.49%	3,463 15.05%
Dairy	4,214 10.69%	4,036 10.66%	3,727 10.47%	3,564 10.46%	2,801 9.50%	2,394 10.46%	2,685 10.35%	2,520 10.42%	2,533 10.49%	2,380 10.38%	2,458 10.63%	2,555 11.10%
Equipment, disposables and supplies	3,631 9.21%	3,567 9.42%	3,571 10.03%	3,536 10.38%	3,090 10.48%	2,455 10.73%	2,483 9.57%	2,298 9.51%	2,243 9.29%	2,166 9.45%	2,171 9.39%	2,132 9.26%
Beverage products	2,338 5.93%	2,161 5.71%	1,971 5.54%	1,731 5.08%	1,465 4.97%	1,186 5.18%	1,403 5.41%	1,315 5.44%	1,306 5.41%	1,268 5.53%	1,279 5.53%	1,264 5.49%
Produce	1,947 4.94%	2,136 5.64%	1,915 5.38%	1,840 5.40%	1,454 4.93%	1,205 5.27%	1,375 5.30%	1,270 5.25%	1,308 5.42%	1,204 5.25%	1,122 4.85%	1,126 4.89%
Revenue	39,424	37,877	35,597	34,057	29,487	22,885	25,939	24,175	24,147	22,919	23,128	23,020

Revenue by segment $m

Line	FY2025	FY2024	FY2023
Reportable Segment	39,424 100.00%	37,877 100.00%	35,597 100.00%
Revenue	39,424	37,877	35,597

Gross profit by segment $m, and margin

	FY2025	FY2024	FY2023
Reportable Segment	‡	‡	‡
Gross profit	‡	‡	‡
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Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Food cost inflation	Q2 FY2026	2.30%	2.50%	—
Healthcare volume growth	Q2 FY2026	3.50%	4.90%	—
Hospitality volume growth	Q2 FY2026	4.40%	2.40%	—
Independent restaurant case volume growth	Q2 FY2026	5.10%	2.70%	—
Organic independent restaurant case volume growth	Q2 FY2026	5.00%	2.30%	—
Total case volume growth	Q2 FY2026	1.90%	0.90%	—
Total organic case volume growth	Q2 FY2026	1.70%	0.50%	—

	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024
Food cost inflation	‡	‡	‡	‡	‡	‡	‡	‡	‡
Healthcare volume growth	‡	‡	‡	‡	‡	‡	‡	‡	‡
Hospitality volume growth	‡	‡	‡	‡	‡	‡	‡	‡	‡
Independent restaurant case volume growth	‡	‡	‡	‡	‡	‡	‡	‡	‡
Organic independent restaurant case volume growth	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total case volume growth	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total organic case volume growth	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.