USFD financial statements

The full income statement, balance sheet, and cash-flow statement for US Foods Holding Corp. (USFD), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 244.6M2024-09 232.9M2024-12 230.4M2025-03 231.4M2025-06 225.2M2025-09 222.9M2025-12 220.5M2026-03 220.2M2026-06 216.3M-11.5% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Income Statement	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 1 ’22	as ofJan 2 ’21
Revenue	39.4B YoY+4.1%	37.9B YoY+6.4%	35.6B YoY+4.5%	34.1B YoY+15.5%	29.5B YoY+28.8%	22.9B YoY-11.8%
	6.86B YoY+5.1%	6.53B YoY+6.3%	6.15B YoY+11.9%	5.49B YoY+18.0%	4.66B YoY+25.2%	3.72B YoY-18.9%
Cost of revenue	32.6B YoY+3.9%	31.3B YoY+6.4%	29.4B YoY+3.1%	28.6B YoY+15.0%	24.8B YoY+29.6%	19.2B YoY-10.2%
	5.67B YoY+4.2%	5.43B YoY+5.9%	5.13B YoY+4.8%	4.90B YoY+15.8%	4.23B YoY+11.5%	3.80B YoY-2.4%
Selling, general & administrative	5.63B YoY+4.1%	5.41B YoY+5.8%	5.12B YoY+4.7%	4.89B YoY+15.8%	4.22B YoY+12.3%	3.76B YoY-3.4%
Restructuring	20.0M YoY-9.1%	22.0M YoY+57.1%	14.0M	—	—	—
Amortization of intangibles	56.0M YoY+3.7%	54.0M YoY+17.4%	46.0M YoY+2.2%	45.0M YoY-18.2%	55.0M YoY-30.4%	79.0M YoY+54.9%
Provision for credit losses	35.0M YoY+20.7%	29.0M YoY+20.8%	24.0M YoY+300.0%	6.00M YoY+125.0%	-24.0M YoY-138.1%	63.0M YoY+200.0%
Operating income	1.20B YoY+9.1%	1.10B YoY+8.1%	1.02B YoY+71.2%	594M YoY+40.1%	424M YoY+650.6%	-77.0M YoY-111.0%
Interest expense	305M YoY-3.2%	315M YoY-2.8%	324M YoY+27.1%	255M YoY+19.7%	213M YoY-10.5%	238M YoY+29.3%
Other non-operating income	4.00M YoY+166.7%	-6.00M YoY-200.0%	6.00M YoY-72.7%	22.0M YoY-15.4%	26.0M YoY+23.8%	21.0M YoY+625.0%
Pre-tax income	898M YoY+39.4%	644M YoY-5.0%	678M YoY+87.8%	361M YoY+68.7%	214M YoY+172.8%	-294M YoY-157.5%
Income tax	222M YoY+48.0%	150M YoY-12.8%	172M YoY+79.2%	96.0M YoY+92.0%	50.0M YoY+173.5%	-68.0M YoY-154.0%
	676M YoY+36.8%	494M YoY-2.4%	506M YoY+90.9%	265M YoY+61.6%	164M YoY+172.6%	-226M YoY-158.7%
Preferred dividends	0.00	0.00 YoY-100.0%	7.00M YoY-81.1%	37.0M YoY-14.0%	43.0M YoY+53.6%	28.0M
	$2.94 YoY+45.5%	$2.02 YoY+0.0%	$2.02 YoY+100.0%	$1.01 YoY+87.0%	$0.54 YoY+147.0%	-$1.15 YoY-165.7%
EPS (basic)	$2.98 YoY+45.4%	$2.05 YoY-1.9%	$2.09 YoY+104.9%	$1.02 YoY+85.5%	$0.55 YoY+147.8%	-$1.15 YoY-165.0%
	227M YoY-5.8%	241M YoY+0.8%	239M YoY+6.7%	224M YoY+0.9%	222M YoY+0.9%	220M YoY+0.9%
	230M YoY-5.7%	244M YoY-2.4%	250M YoY+10.6%	226M YoY+0.4%	225M YoY+2.3%	220M YoY+0.0%
Balance Sheet	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 1 ’22	as ofJan 2 ’21
	4.16B YoY+4.8%	3.97B YoY-1.4%	4.03B YoY+5.5%	3.82B YoY+6.3%	3.59B YoY+3.7%	3.46B YoY+6.2%
Cash & equivalents	41.0M YoY-30.5%	59.0M YoY-78.1%	269M YoY+27.5%	211M YoY+42.6%	148M YoY-82.1%	828M YoY+820.0%
Accounts receivable	2.03B YoY+3.5%	1.96B YoY+5.6%	1.85B YoY+8.7%	1.71B YoY+16.1%	1.47B YoY+35.5%	1.08B YoY-25.5%
Inventory	1.71B YoY+5.2%	1.63B YoY+1.6%	1.60B YoY-1.0%	1.62B YoY-4.2%	1.69B YoY+32.4%	1.27B YoY-11.1%
Prepaid expenses	153M YoY+4.8%	146M YoY+5.8%	138M YoY+11.3%	124M YoY+3.3%	120M YoY-9.1%	132M YoY+21.1%
Other current assets	60.0M YoY+445.5%	11.0M YoY-21.4%	14.0M YoY-26.3%	19.0M YoY+5.6%	18.0M YoY-30.8%	26.0M YoY-18.8%
	13.9B YoY+3.8%	13.4B YoY+1.9%	13.2B YoY+3.2%	12.8B YoY+2.0%	12.5B YoY+0.8%	12.4B YoY+10.1%
Property, plant & equipment	2.68B YoY+11.8%	2.40B YoY+5.2%	2.28B YoY+5.0%	2.17B YoY+6.8%	2.03B YoY+0.6%	2.02B YoY-2.6%
Operating lease right-of-use	332M YoY+22.5%	271M YoY-6.6%	290M YoY+9.4%	265M YoY-3.6%	275M YoY-3.2%	284M YoY+95.9%
Goodwill	5.79B YoY+0.5%	5.77B YoY+1.2%	5.70B YoY+1.3%	5.63B YoY+0.0%	5.63B YoY-0.2%	5.64B YoY+19.2%
Intangible assets	781M YoY-6.6%	836M YoY+4.1%	803M YoY+2.3%	785M YoY-5.4%	830M YoY-7.0%	892M YoY-7.8%
Deferred tax assets	—	—	—	0.00 YoY-100.0%	8.00M YoY+700.0%	1.00M
Other non-current assets	523M YoY+21.9%	429M YoY+14.1%	376M YoY+1.1%	372M YoY-13.7%	431M YoY+5.9%	407M YoY+59.0%
	3.59B YoY+9.0%	3.30B YoY+5.9%	3.11B YoY+11.3%	2.80B YoY+9.6%	2.55B YoY+28.7%	1.98B YoY-16.1%
Accounts payable	2.45B YoY+9.7%	2.23B YoY+8.8%	2.05B YoY+10.6%	1.85B YoY+11.6%	1.66B YoY+36.5%	1.22B YoY-16.6%
Accrued liabilities	839M YoY+14.6%	732M YoY+0.1%	731M YoY+12.5%	650M YoY+6.6%	610M YoY+22.7%	497M YoY-7.6%
Short-term & current debt	137M YoY+25.7%	109M YoY-0.9%	110M YoY-5.2%	116M YoY+22.1%	95.0M YoY-27.5%	131M YoY-7.7%
Current lease liability	48.0M YoY+14.3%	42.0M YoY-2.3%	43.0M YoY+19.4%	36.0M YoY+0.0%	36.0M YoY-18.2%	44.0M YoY+10.0%
Finance lease liability (current)	130M YoY+27.5%	102M YoY+7.4%	95.0M YoY+3.3%	92.0M YoY+27.8%	72.0M YoY-16.3%	86.0M YoY-9.5%
	9.64B YoY+8.2%	8.91B YoY+5.6%	8.44B YoY+1.9%	8.28B YoY+0.3%	8.25B YoY-1.5%	8.37B YoY+10.5%
Long-term debt	5.06B YoY+5.1%	4.82B YoY+5.6%	4.56B YoY-3.7%	4.74B YoY-3.6%	4.92B YoY-12.5%	5.62B YoY+22.3%
Non-current lease liability	307M YoY+23.8%	248M YoY-6.4%	265M YoY+7.7%	246M YoY+0.8%	244M YoY-7.2%	263M YoY+100.8%
Operating lease liability (total)	355M YoY+22.4%	290M YoY-5.8%	308M YoY+9.2%	282M YoY+0.7%	280M YoY-8.8%	307M YoY+79.5%
Finance lease liability (total)	557M YoY+13.7%	490M YoY+6.1%	462M YoY+3.6%	446M YoY+52.7%	292M YoY-9.6%	323M YoY-8.2%
Finance lease liability	427M YoY+9.8%	389M YoY+6.0%	367M YoY+3.7%	354M YoY+60.9%	220M YoY-7.2%	237M YoY-7.8%
Deferred tax liabilities	426M YoY+27.2%	335M YoY+14.3%	293M YoY-1.7%	298M YoY-2.9%	307M YoY+13.7%	270M YoY-12.3%
Other non-current liabilities	556M YoY+24.4%	447M YoY-4.7%	469M YoY+5.2%	446M YoY-6.9%	479M YoY-5.1%	505M YoY+60.3%
	4.31B YoY-4.9%	4.53B YoY-4.7%	4.75B YoY+19.9%	3.96B YoY+6.1%	3.73B YoY+5.8%	3.53B YoY-4.8%
Common stock	—	—	3.00M YoY+50.0%	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY+0.0%
Additional paid-in capital	3.78B YoY+0.8%	3.75B YoY+2.3%	3.66B YoY+20.7%	3.04B YoY+2.2%	2.97B YoY+2.4%	2.90B YoY+2.0%
Retained earnings	2.68B YoY+33.7%	2.00B YoY+32.7%	1.51B YoY+49.4%	1.01B YoY+29.2%	782M YoY+18.3%	661M YoY-27.8%
Treasury stock	2.20B YoY+73.4%	1.27B YoY+308.0%	311M YoY+2121.4%	14.0M	0.00	—
Accumulated other comprehensive income	48.0M YoY+11.6%	43.0M YoY+137.4%	-115M YoY-57.5%	-73.0M YoY-284.2%	-19.0M YoY+44.1%	-34.0M YoY+37.0%
Total liabilities & equity	13.9B YoY+3.8%	13.4B YoY+1.9%	13.2B YoY+3.2%	12.8B YoY+2.0%	12.5B YoY+0.8%	12.4B YoY+10.1%
	257M YoY+0.7%	255M YoY+0.7%	253M YoY+12.4%	225M YoY+0.9%	223M YoY+0.9%	221M YoY+0.5%
	221M YoY-4.3%	231M YoY-6.0%	245M YoY+8.9%	225M YoY+0.9%	223M YoY+0.9%	221M YoY+0.5%
	221M YoY-4.3%	230M YoY-5.9%	245M YoY+9.2%	224M YoY+0.6%	223M YoY+0.9%	221M YoY+0.6%
Cash Flow	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 1 ’22	as ofJan 2 ’21
	1.37B YoY+16.6%	1.17B YoY+3.0%	1.14B YoY+49.0%	765M YoY+82.6%	419M YoY+1.5%	413M YoY-45.7%
Depreciation & amortization	462M YoY+5.5%	438M YoY+10.9%	395M YoY+6.2%	372M YoY-1.6%	378M YoY-10.4%	422M YoY+16.6%
Intangible amortization	56.0M YoY+3.7%	54.0M YoY+17.4%	46.0M YoY+2.2%	45.0M YoY-18.2%	55.0M YoY-30.4%	79.0M YoY+54.9%
Share-based compensation	83.0M YoY+31.7%	63.0M YoY+12.5%	56.0M YoY+24.4%	45.0M YoY-6.3%	48.0M YoY+20.0%	40.0M YoY+25.0%
Deferred income taxes	86.0M YoY+960.0%	-10.0M YoY-211.1%	9.00M YoY-47.1%	17.0M YoY-55.3%	38.0M YoY+174.5%	-51.0M YoY-828.6%
Change in receivables	95.0M YoY-32.1%	140M YoY-10.8%	157M YoY-34.6%	240M YoY-37.8%	386M YoY+215.6%	-334M YoY-1857.9%
Change in inventory	66.0M YoY+312.5%	16.0M YoY+126.2%	-61.0M YoY+12.9%	-70.0M YoY-116.9%	413M YoY+305.5%	-201M YoY-1156.3%
Other operating activities	9.00M YoY+12.5%	8.00M YoY-33.3%	12.0M	—	—	—
	-497M YoY+10.0%	-552M YoY-11.5%	-495M YoY-94.1%	-255M YoY+2.7%	-262M YoY+76.4%	-1.11B YoY+44.1%
Capital expenditure	410M YoY+20.2%	341M YoY+10.4%	309M YoY+16.6%	265M YoY-3.3%	274M YoY+45.0%	189M YoY-26.7%
Free cash flow	959M YoY+15.1%	833M YoY+0.2%	831M YoY+66.2%	500M YoY+244.8%	145M YoY-35.3%	224M YoY-55.4%
Acquisitions	131M YoY-38.8%	214M YoY+9.2%	196M	0.00	0.00 YoY-100.0%	972M YoY-46.9%
Proceeds from sale of PP&E	6.00M YoY+100.0%	3.00M YoY-70.0%	10.0M YoY+0.0%	10.0M YoY+42.9%	7.00M YoY-84.1%	44.0M YoY+388.9%
	-890M YoY-7.1%	-831M YoY-41.6%	-587M YoY-31.3%	-447M YoY+46.6%	-837M YoY-158.7%	1.43B YoY+17.0%
Long-term debt issued	0.00 YoY-100.0%	500M YoY-50.0%	1.00B	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	926M YoY-2.3%	948M YoY+222.4%	294M YoY+2000.0%	14.0M	0.00	0.00
Dividends paid	0.00	0.00	0.00	0.00	0.00	0.00
Net change in cash	-18.0M YoY+91.4%	-209M YoY-460.3%	58.0M YoY-7.9%	63.0M YoY+109.3%	-680M YoY-193.2%	730M YoY+10528.6%
Interest paid	300M YoY+5.6%	284M YoY-3.4%	294M YoY+21.0%	243M YoY+31.4%	185M YoY-14.4%	216M YoY+24.9%
Income taxes paid	89.0M YoY-50.8%	181M YoY+12.4%	161M YoY+136.8%	68.0M YoY+6700.0%	1.00M YoY+200.0%	-1.00M YoY-100.7%
Valuation Ratios	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 1 ’22	as ofJan 2 ’21
Market cap	17.0B YoY+7.2%	15.9B YoY+42.2%	11.2B YoY+45.9%	7.65B YoY-1.4%	7.76B YoY+5.5%	7.36B YoY-19.7%
P/E	30.5× YoY+10.5%	27.6× YoY+11.8%	24.7× YoY-22.2%	31.7× YoY-65.2%	91.3×	—
P/S	0.4× YoY+2.3%	0.4× YoY+34.1%	0.3× YoY+37.6%	0.2× YoY-16.8%	0.3× YoY-10.7%	0.3× YoY-15.1%
P/B	3.8× YoY+10.5%	3.4× YoY+44.9%	2.4× YoY+22.1%	1.9× YoY-8.4%	2.1× YoY+1.6%	2.1× YoY-18.8%
P/FCF	17.4× YoY-21.3%	22.1× YoY+69.6%	13.0× YoY-64.2%	36.4× YoY-9.9%	40.4× YoY+163.2%	15.4× YoY-16.2%
	3.3% YoY-9.5%	3.6% YoY-10.6%	4.0% YoY+28.5%	3.2% YoY+187.6%	1.1%	—
	5.7% YoY+27.0%	4.5% YoY-41.0%	7.7% YoY+179.3%	2.7% YoY+10.9%	2.5% YoY-62.0%	6.5% YoY+19.4%
Source filing	10-K	10-K	10-K	10-K	10-K	10-K

About this data

Source: USFD's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all USFD filings on SEC EDGAR → Not investment advice.