← US Foods Holding Corp.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $22.9b | $24.1b | $24.2b | $25.9b | $22.9b | $22.9b | $34.1b | $35.6b | $37.9b | $39.4b | |
| Cost of Revenue | $18.9b | $19.9b | $19.9b | $21.4b | $19.2b | $19.2b | $28.6b | $29.4b | $31.3b | $32.6b | |
| Cost of goods sold | $18.9b | $19.9b | $19.9b | $21.4b | — | $19.2b | $24.8b | $29.4b | $31.3b | $32.6b | |
| Gross Profit | $4.1b | $4.2b | $4.3b | $4.6b | $3.7b | $3.7b | $5.5b | $6.1b | $6.5b | $6.9b | |
| Operating Expenses | $3.6b | $3.6b | $3.6b | $3.9b | $3.8b | — | $4.9b | $5.1b | $5.4b | $5.7b | |
| Total operating expenses | $3.6b | $3.6b | $3.6b | $3.9b | — | $3.8b | $4.2b | $5.1b | $5.4b | $5.7b | |
| Operating Income (Loss) | $413.8m | $573.8m | $658.0m | $699.0m | ($77.0m) | ($77.0m) | $594.0m | $1.0b | $1.1b | $1.2b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $155.0m | $95.0m | $40.0m | $51.0m | $79.0m | — | $45.0m | $46.0m | $54.0m | $56.0m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | $0 | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | $2 | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | $2 | — | — | — | — | — | — | |
| Preferred Stock Dividends and Other Adjustments | — | — | — | — | $28.0m | — | $37.0m | $7.0m | $0 | $0 | |
| Restructuring activity and asset impairment charges | $53.0m | ($1.0m) | $1.0m | $0 | — | $39.0m | $11.0m | $14.0m | $23.0m | $33.0m | |
| Loss on extinguishment of debt | $54.0m | $0 | $0 | $0 | — | $0 | $23.0m | $21.0m | $10.0m | $0 | |
| Recognition of net actuarial loss for pension settlement | — | — | — | — | — | — | $0 | $0 | $124.0m | $0 | |
| Income tax provision | ($79.0m) | ($40.0m) | $89.0m | $126.0m | — | ($68.0m) | $50.0m | $172.0m | $150.0m | $222.0m | |
| Changes in retirement benefit obligations | ($45.0m) | $16.0m | $6.0m | $45.0m | — | $23.0m | $10.0m | ($43.0m) | $158.0m | $5.0m | |
| Loss on pension settlement | $4.0m | $18.0m | $0 | ($12.0m) | $0 | — | $0 | $0 | ($124.0m) | $0 | |
| Interest rate hedge activity | — | — | — | — | — | — | $0 | $1.0m | $0 | $0 | |
| Comprehensive income | $165.0m | $468.0m | $418.0m | $415.0m | — | ($206.0m) | $179.0m | $464.0m | $528.0m | $681.0m | |
| Series A convertible preferred stock dividends | — | — | $0 | $0 | — | $28.0m | ($43.0m) | ($7.0m) | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $131.1m | $404.2m | $496.0m | $511.0m | ($294.0m) | — | $361.0m | $678.0m | $644.0m | $898.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | $385.0m | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | $0 | — | — | — | — | — | — | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | $209.8m | $444.3m | $407.0m | $385.0m | ($254.0m) | ($226.0m) | $228.0m | $499.0m | $494.0m | $676.0m | |
| Income before income taxes | $131.0m | $404.0m | $496.0m | $511.0m | — | ($294.0m) | $214.0m | $678.0m | $644.0m | $898.0m | |
| Net Income (Loss) Attributable to Parent | $209.8m | $444.3m | $407.0m | $385.0m | ($226.0m) | ($226.0m) | $265.0m | $506.0m | $494.0m | $676.0m | |
| Earnings Per Share, Basic | $1.05 | $2.00 | $1.88 | $1.77 | ($1.15) | ($1.15) | $1.02 | $2.09 | $2.05 | $2.98 | |
| Earnings Per Share, Diluted | $1.03 | $1.97 | $1.87 | $1.75 | ($1.15) | ($1.15) | $1.01 | $2.02 | $2.02 | $2.94 | |
| Basic | $200,129,868.00 | $222,383,038.00 | $216,112,021.00 | $218,000,000.00 | — | $220,000,000.00 | $222,000,000.00 | $239,000,000.00 | $241,000,000.00 | $227,000,000.00 | |
| Diluted | $204,024,726.00 | $225,663,785.00 | $217,825,545.00 | $220,000,000.00 | — | $220,000,000.00 | $225,000,000.00 | $250,000,000.00 | $244,000,000.00 | $230,000,000.00 | |
| Weighted Average Number of Shares Outstanding, Basic | 200.1m | 222.4m | 216.1m | 218.0m | 220.0m | — | 224.0m | 239.0m | 241.0m | 227.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 204.0m | 225.7m | 217.8m | 220.0m | 220.0m | — | 226.0m | 250.0m | 244.0m | 230.0m | |
| Selling, General and Administrative Expense | $3.6b | $3.6b | $3.6b | $3.9b | $3.8b | — | $4.9b | $5.1b | $5.4b | $5.6b | |
| Other Nonoperating Income (Expense) | — | — | $13.0m | ($4.0m) | $21.0m | — | $22.0m | $6.0m | ($6.0m) | $4.0m | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | $6.0m | $7.0m | — | |
| Management Fee Expense | $36.0m | — | — | — | — | — | — | — | — | — | |
| Restructuring Costs | — | — | $1.0m | $0 | $39.0m | — | $12.0m | $14.0m | $23.0m | $33.0m | |
| Selling Expense | — | — | $1.7b | $1.8b | $1.7b | — | $2.3b | $2.4b | $2.6b | $2.6b | |
| Distribution, selling and administrative costs | $3.6b | $3.6b | $3.6b | $3.9b | — | $3.8b | $4.2b | $5.1b | $5.4b | $5.6b | |
| Other (income) expense—net | $5.0m | $14.0m | ($13.0m) | $4.0m | — | ($21.0m) | ($26.0m) | ($6.0m) | $6.0m | ($4.0m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $315.0m | $305.0m | |
| Interest Expense | $229.1m | $169.6m | $175.0m | $184.0m | $238.0m | — | $255.0m | $324.0m | — | — | |
| Interest expense—net | $229.0m | $170.0m | $175.0m | $184.0m | — | $238.0m | $213.0m | $324.0m | $315.0m | $305.0m | |
| Current Income Tax Expense (Benefit) | $1.7m | $82.9m | $44.0m | $119.0m | ($17.0m) | — | $79.0m | $163.0m | $160.0m | $136.0m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | $4.0m | $18.0m | $0 | ($12.0m) | $0 | — | $0 | $0 | ($124.0m) | $0 | |
| Income Tax Expense (Benefit) | ($78.7m) | ($40.1m) | $89.0m | $126.0m | ($68.0m) | — | $96.0m | $172.0m | $150.0m | $222.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.