US Foods Holding Corp (USFD)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 494,000 | 506,000 | 265,000 | 164,000 | -226,000 |
Total assets | US$ in thousands | 13,436,000 | 13,187,000 | 12,773,000 | 12,521,000 | 12,423,000 |
ROA | 3.68% | 3.84% | 2.07% | 1.31% | -1.82% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $494,000K ÷ $13,436,000K
= 3.68%
To analyze the Return on Assets (ROA) of US Foods Holding Corp over the years, we observe a positive trend in performance. The ROA was -1.82% as of December 31, 2020, signifying that for every dollar of assets, the company generated a loss of 1.82 cents. However, the company's performance improved significantly over the following years, with ROA increasing to 1.31% in 2021, 2.07% in 2022, 3.84% in 2023, and then slightly decreasing to 3.68% in 2024.
This upward trend in ROA indicates that US Foods Holding Corp has been utilizing its assets more efficiently to generate profits over time. The positive ROA values suggest that for every dollar of assets, the company was able to generate increasing profit percentages, reflecting improved operational efficiency and potentially effective management of resources. This trend is a positive indication of the company's financial health and ability to generate earnings from its investments in assets.
Peer comparison
Dec 31, 2024