US Foods Holding Corp (USFD)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 13,436,000 | 13,187,000 | 12,773,000 | 12,521,000 | 12,423,000 |
| Total stockholders’ equity | US$ in thousands | 4,528,000 | 4,749,000 | 3,961,000 | 3,735,000 | 3,530,000 |
| Financial leverage ratio | 2.97 | 2.78 | 3.22 | 3.35 | 3.52 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,436,000K ÷ $4,528,000K
= 2.97
The financial leverage ratio of US Foods Holding Corp has displayed a decreasing trend over the past five years. Starting at 3.52 in December 2020, the ratio decreased to 3.35 in December 2021, further declining to 3.22 in December 2022. It saw a significant drop to 2.78 by December 2023, before slightly increasing to 2.97 by December 2024. This suggests that the company's reliance on debt to finance its operations has been decreasing over time, indicating a potentially stronger financial position with lower debt levels relative to equity.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
US Foods Holding Corp
USFD
2.97
Domino’s Pizza Inc
DPZ
—
Sysco Corporation
SYY
13.40