US Foods Holding Corp (USFD)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,017,000 | 935,000 | 919,000 | 747,000 | 594,000 | 535,000 | 456,000 | 430,000 | 424,000 | 317,000 | 260,000 | 77,000 | -77,000 | 79,000 | 189,000 | 442,000 | 699,000 | 683,000 | 674,000 | 686,000 |
| Revenue (ttm) | US$ in thousands | 35,334,000 | 34,920,000 | 34,768,000 | 34,604,000 | 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 | 25,755,000 | 24,877,000 | 24,499,940 | 30,367,940 |
| Operating profit margin | 2.88% | 2.68% | 2.64% | 2.16% | 1.76% | 1.62% | 1.43% | 1.40% | 1.45% | 1.14% | 1.01% | 0.34% | -0.34% | 0.34% | 0.78% | 1.70% | 2.71% | 2.75% | 2.75% | 2.26% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,017,000K ÷ $35,334,000K
= 2.88%
US Foods Holding Corp's operating profit margin has shown fluctuations over the past several quarters. The company's operating profit margin ranged from -0.34% in Sep 2020 to a peak of 2.88% in Dec 2023. Despite some variability, the trend suggests a general improvement in operating profit margin over the recent quarters. The company's ability to generate profits from its core operations has strengthened, reaching levels above 2% consistently since Mar 2022. This indicates that US Foods Holding Corp is effectively managing its costs and operating efficiently to enhance profitability. Continuing to monitor and analyze the factors influencing these trends will be crucial for understanding the company's financial performance in the future.
Peer comparison
Dec 31, 2023