US Foods Holding Corp (USFD)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 6,534,000 | 6,148,000 | 5,492,000 | 4,655,000 | 3,719,000 |
| Revenue | US$ in thousands | 37,868,000 | 35,258,000 | 33,807,000 | 29,252,000 | 22,664,000 |
| Gross profit margin | 17.25% | 17.44% | 16.25% | 15.91% | 16.41% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $6,534,000K ÷ $37,868,000K
= 17.25%
The gross profit margin of US Foods Holding Corp has shown some fluctuations over the past five years. In December 2020, the gross profit margin was 16.41%, which decreased slightly to 15.91% by December 2021. However, there was a recovery in December 2022 with a gross profit margin of 16.25%. Subsequently, there was a noticeable improvement in December 2023, where the gross profit margin increased to 17.44%. In the most recent period of December 2024, the gross profit margin slightly decreased to 17.25%.
Overall, the trend in the gross profit margin of US Foods Holding Corp suggests some variability, with a general upward trajectory from 2020 to 2023, followed by a slight dip in 2024. This indicates that the company may have implemented strategies to enhance profitability and efficiency in its operations. It is important for stakeholders to continue monitoring this metric to ensure sustained profitability and operational effectiveness.
Peer comparison
Dec 31, 2024