US Foods Holding Corp (USFD)
Financial leverage ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 13,436,000 | 13,475,000 | 13,703,000 | 13,390,000 | 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 |
| 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 |
| Financial leverage ratio | 2.97 | 2.93 | 2.73 | 2.78 | 2.78 | 2.83 | 2.83 | 3.12 | 3.22 | 3.37 | 3.43 | 3.48 | 3.35 | 3.60 | 3.66 | 3.71 | 3.52 | 3.64 | 3.87 | 3.35 |
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 shown a fluctuating trend over the analyzed period. The ratio decreased from 3.35 as of March 31, 2020, to 2.78 as of December 31, 2023. Subsequently, there was a slight increase in the ratio to 2.97 by December 31, 2024.
Throughout the period, the financial leverage ratio remained above 2, indicating that the company is utilizing debt to finance its operations. A high financial leverage ratio suggests that a significant portion of the company's assets are funded by debt, which can magnify returns during periods of growth but also increase risks in times of economic downturns.
It is essential for stakeholders to closely monitor the financial leverage ratio of US Foods Holding Corp to ensure that the company's debt levels are sustainable and do not pose a threat to its financial stability in the long term.
Peer comparison
Dec 31, 2024