US Foods Holding Corp (USFD)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 4,749,000 | 3,961,000 | 3,735,000 | 3,530,000 | 3,709,000 |
| ROE | 10.65% | 6.69% | 4.39% | -6.40% | 10.38% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $506,000K ÷ $4,749,000K
= 10.65%
US Foods Holding Corp's return on equity (ROE) has varied over the past five years, reflecting changes in the company's profitability and efficiency in generating returns for shareholders.
In 2019, US Foods Holding Corp reported a ROE of 10.38%, indicating a healthy return on the shareholders' equity. However, this was followed by a decline in ROE in 2020 to -6.40%, signifying a period of negative returns on equity, which suggests potential issues with profitability and operational efficiency.
The company's ROE improved in 2021 to 4.39%, but remained relatively low compared to previous years. US Foods Holding Corp showed further improvement in 2022 with a ROE of 6.69%, indicating a slight recovery in generating returns for shareholders.
The most recent data for 2023 shows a higher ROE of 10.65%, surpassing the levels seen in the previous years. This may indicate improved performance and efficiency in the company's operations, leading to increased returns for shareholders.
Overall, US Foods Holding Corp's ROE has shown fluctuation over the years, with periods of both strength and weakness. Investors and analysts may want to monitor the company's financial performance closely to assess its ability to sustain and improve ROE in the future.
Peer comparison
Dec 31, 2023