US Foods Holding Corp (USFD)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 494,000 | 575,000 | 522,000 | 506,000 | 506,000 | 452,000 | 466,000 | 354,000 | 265,000 | 241,000 | 196,000 | 181,000 | 164,000 | 85,000 | 29,000 | -118,000 | -226,000 | -124,000 | -26,000 | 182,000 |
| Total stockholders’ equity | US$ in thousands | 4,528,000 | 4,606,000 | 5,011,000 | 4,825,000 | 4,749,000 | 4,692,000 | 4,604,000 | 4,179,000 | 3,961,000 | 3,927,000 | 3,804,000 | 3,722,000 | 3,735,000 | 3,648,000 | 3,573,000 | 3,500,000 | 3,530,000 | 3,515,000 | 3,500,000 | 3,582,000 |
| ROE | 10.91% | 12.48% | 10.42% | 10.49% | 10.65% | 9.63% | 10.12% | 8.47% | 6.69% | 6.14% | 5.15% | 4.86% | 4.39% | 2.33% | 0.81% | -3.37% | -6.40% | -3.53% | -0.74% | 5.08% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $494,000K ÷ $4,528,000K
= 10.91%
US Foods Holding Corp's return on equity (ROE) has shown a fluctuating trend over the past few years. ROE started at a low level of 5.08% in March 2020 but then turned negative in the following quarters, indicating a decline in profitability in relation to shareholders' equity.
The company struggled with negative ROE figures throughout 2020 and the first half of 2021. However, there was a slight improvement in ROE in the second quarter of 2021, with a positive 0.81%, which was followed by further increases in subsequent quarters.
From March 2022 onwards, US Foods Holding Corp's ROE began to show a more consistent upward trajectory, reaching double-digit percentages by the middle of 2023. The highest ROE during this period was recorded in September 2024 at 12.48%, indicating a significant improvement in the company's profitability compared to its equity base.
Overall, the increasing trend in ROE from 2022 to 2024 suggests that US Foods Holding Corp has effectively utilized its shareholders' equity to generate higher returns, reflecting positively on the company's financial performance and potential for growth. However, it is important for the company to sustain this growth momentum and continue improving its ROE in the future.
Peer comparison
Dec 31, 2024