US Foods Holding Corp (USFD)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 37,868,000 | 35,258,000 | 33,807,000 | 29,252,000 | 22,664,000 |
| Total assets | US$ in thousands | 13,436,000 | 13,187,000 | 12,773,000 | 12,521,000 | 12,423,000 |
| Total asset turnover | 2.82 | 2.67 | 2.65 | 2.34 | 1.82 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $37,868,000K ÷ $13,436,000K
= 2.82
US Foods Holding Corp's total asset turnover has shown a consistent improvement over the years, indicating that the company is generating more revenue from its assets. From 2020 to 2024, the total asset turnover ratio has increased from 1.82 to 2.82, reflecting the company's enhanced efficiency in utilizing its assets to generate sales. This upward trend suggests that US Foods Holding Corp is effectively managing its assets to drive revenue growth and maximize operational performance. A higher total asset turnover ratio generally indicates better asset utilization and efficiency in generating sales relative to the value of assets held.
Peer comparison
Dec 31, 2024