US Foods Holding Corp (USFD)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 13,187,000 | 13,272,000 | 13,029,000 | 13,038,000 | 12,773,000 | 13,242,000 | 13,033,000 | 12,960,000 | 12,521,000 | 13,117,000 | 13,064,000 | 13,000,000 | 12,423,000 | 12,796,000 | 13,529,000 | 11,984,000 | 11,288,000 | 11,526,000 | 9,339,000 | 9,391,000 |
| Operating ROA | 7.71% | 7.04% | 7.05% | 5.73% | 4.65% | 4.04% | 3.50% | 3.32% | 3.39% | 2.42% | 1.99% | 0.59% | -0.62% | 0.62% | 1.40% | 3.69% | 6.19% | 5.93% | 7.22% | 7.30% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,017,000K ÷ $13,187,000K
= 7.71%
The operating return on assets (ROA) for US Foods Holding Corp has shown a fluctuating trend over the periods analyzed. The operating ROA increased steadily from December 2019 to September 2020, reaching a peak of 7.30% in December 2019.
However, the operating ROA experienced a notable decline in the first half of 2021, reaching a low of 0.59% in March 2021. Subsequently, there was a slight recovery in the operating ROA in the second half of 2021 and throughout 2022.
In the most recent period analyzed, the operating ROA for US Foods Holding Corp was 7.71% in December 2023, showing a positive improvement compared to the previous periods. This increase suggests that the company has been able to generate more operating income relative to its assets at the end of 2023.
Overall, the fluctuating trend in operating ROA of US Foods Holding Corp indicates varying levels of operational efficiency and profitability over the periods analyzed. Continued monitoring of this ratio is essential to assess the company's ability to generate returns from its assets effectively.
Peer comparison
Dec 31, 2023