US Foods Holding Corp (USFD)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 506,000 | 265,000 | 164,000 | -226,000 | 385,000 |
| Revenue | US$ in thousands | 35,258,000 | 33,807,000 | 29,252,000 | 22,664,000 | 25,756,000 |
| Net profit margin | 1.44% | 0.78% | 0.56% | -1.00% | 1.49% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $506,000K ÷ $35,258,000K
= 1.44%
The net profit margin of US Foods Holding Corp has exhibited fluctuations over the past five years. The net profit margin was -1.00% in 2020, indicating a loss during that year. In contrast, the net profit margin improved significantly in subsequent years, reaching 1.44% in 2023. This positive trend suggests that the company's profitability has been on an upward trajectory, with 2023 showing a substantial improvement compared to 2022 and 2021. Despite the fluctuations, the company has managed to generate a positive net profit margin in most years, reflecting its ability to control costs and generate earnings relative to its revenue.
Peer comparison
Dec 31, 2023