US Foods Holding Corp (USFD)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 37,788,000 | 37,164,000 | 36,440,000 | 35,662,000 | 35,254,000 | 34,840,000 | 34,688,000 | 34,524,000 | 33,806,000 | 32,948,000 | 31,936,000 | 30,778,000 | 29,252,000 | 27,747,000 | 25,692,000 | 22,580,000 | 22,648,000 | 23,445,000 | 24,148,000 | 26,052,000 |
| Property, plant and equipment | US$ in thousands | 2,398,000 | 2,358,000 | 2,359,000 | 2,303,000 | 2,280,000 | 2,187,000 | 2,173,000 | 2,172,000 | 2,171,000 | 2,075,000 | 2,049,000 | 2,022,000 | 2,033,000 | 1,988,000 | 1,976,000 | 1,987,000 | 2,021,000 | 2,055,000 | 2,121,000 | 2,105,000 |
| Fixed asset turnover | 15.76 | 15.76 | 15.45 | 15.49 | 15.46 | 15.93 | 15.96 | 15.90 | 15.57 | 15.88 | 15.59 | 15.22 | 14.39 | 13.96 | 13.00 | 11.36 | 11.21 | 11.41 | 11.39 | 12.38 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $37,788,000K ÷ $2,398,000K
= 15.76
The fixed asset turnover ratio for US Foods Holding Corp has displayed an increasing trend from 2020 to 2024, indicating efficiency in generating sales revenue relative to its investment in fixed assets. The ratio improved steadily from 11.39 in June 2020 to 15.76 by December 2024. This indicates that the company is utilizing its fixed assets more effectively to generate sales. The highest fixed asset turnover of 15.96 was recorded in June 2023, reflecting the efficient utilization of fixed assets during that period. Overall, the upward trend in fixed asset turnover suggests that US Foods Holding Corp has been successful in optimizing its fixed asset investments to drive revenue growth over the analyzed period.
Peer comparison
Dec 31, 2024