US Foods Holding Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 27, 2025 · FY), US Foods Holding Corp reported revenue of $39.4B (+4.1% year on year) and net income of $676.0M (+36.8% year on year).
| Line item | Dec 27, 2025 · FY | Dec 28, 2024 · FY | Dec 30, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net sales | $39.4B | $37.9B | $35.6B | $34.1B |
| Cost of goods sold | $32.6B | $31.3B | $29.4B | $28.6B |
| Gross profit | $6.9B | $6.5B | $6.1B | $5.5B |
| Distribution, selling and administrative costs | $5.6B | $5.4B | $5.1B | $4.9B |
| Restructuring activity and asset impairment charges | $33.0M | $23.0M | $14.0M | $12.0M |
| Total operating expenses | $5.7B | $5.4B | $5.1B | $4.9B |
| Operating income | $1.2B | $1.1B | $1.0B | $594.0M |
| Other (income) expense—net | ($4.0M) | $6.0M | ($6.0M) | ($22.0M) |
| Interest expense—net | $305.0M | $315.0M | $324.0M | $255.0M |
| Loss on extinguishment of debt | $0 | $10.0M | $21.0M | $0 |
| Recognition of net actuarial loss for pension settlement | $0 | $124.0M | — | — |
| Income before income taxes | $898.0M | $644.0M | $678.0M | $361.0M |
| Income tax provision | $222.0M | $150.0M | $172.0M | $96.0M |
| Net income | $676.0M | $494.0M | $506.0M | $265.0M |
| Changes in retirement benefit obligations | $5.0M | $158.0M | ($43.0M) | ($54.0M) |
| Loss on pension settlement | $0 | ($124.0M) | — | — |
| Interest rate hedge activity | $0 | $0 | $1.0M | — |
| Comprehensive income | $681.0M | $528.0M | $464.0M | $211.0M |
| Series A convertible preferred stock dividends | $0 | $0 | ($7.0M) | ($37.0M) |
| Net income available to common shareholders | $676.0M | $494.0M | $499.0M | $228.0M |
| Basic | $2.98 | $2.05 | $2.09 | $1.02 |
| Diluted | $2.94 | $2.02 | $2.02 | $1.01 |
| Basic | 227.0M | 241.0M | 239.0M | 224.0M |
| Diluted | 230.0M | 244.0M | 250.0M | 226.0M |
| Line item | Jun 27, 2026 · Q2 | Mar 28, 2026 · Q1 | Sep 27, 2025 · Q3 | Jun 28, 2025 · Q2 |
|---|---|---|---|---|
| Net sales | $10.5B | $9.6B | $10.2B | $10.1B |
| Cost of goods sold | $8.6B | $8.0B | $8.4B | $8.3B |
| Gross profit | $1.9B | $1.7B | $1.8B | $1.8B |
| Distribution, selling and administrative costs | $1.5B | $1.4B | $1.5B | $1.4B |
| Restructuring activity and asset impairment charges | ($1.0M) | $8.0M | $13.0M | $2.0M |
| Total operating expenses | $1.5B | $1.4B | $1.5B | $1.4B |
| Operating income | $443.0M | $216.0M | $282.0M | $372.0M |
| Other income—net | ($3.0M) | ($1.0M) | $0 | ($2.0M) |
| Interest expense—net | $77.0M | $75.0M | $76.0M | $74.0M |
| Income before income taxes | $369.0M | $142.0M | $206.0M | $300.0M |
| Income tax provision | $94.0M | $26.0M | $53.0M | $76.0M |
| Net income | $275.0M | $116.0M | $153.0M | $224.0M |
| Comprehensive income | $275.0M | $116.0M | $153.0M | $224.0M |
| EPS basic (in dollars per share) | $1.26 | $0.53 | $0.68 | $0.97 |
| EPS diluted (in dollars per share) | $1.24 | $0.52 | $0.67 | $0.96 |
| Basic weighted average shares outstanding (in shares) | 219.0M | 220.0M | 225.5M | 230.0M |
| Diluted weighted average shares outstanding (in shares) | 221.0M | 223.0M | 228.4M | 233.0M |
| Line item | Dec 27, 2025 · FY | Dec 28, 2024 · FY | Dec 30, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $41.0M | $59.0M | $269.0M | $211.0M |
| Accounts receivable, less allowances of $30 and $24 | $2.0B | $2.0B | $1.9B | $1.7B |
| Vendor receivables, less allowances of $7 and $7 | $173.0M | $167.0M | $156.0M | $143.0M |
| Inventories—net | $1.7B | $1.6B | $1.6B | $1.6B |
| Prepaid expenses | $153.0M | $146.0M | $138.0M | $124.0M |
| Assets held for sale | $0 | $8.0M | $0 | $2.0M |
| Other current assets | $60.0M | $11.0M | $14.0M | $19.0M |
| Total current assets | $4.2B | $4.0B | $4.0B | $3.8B |
| Property and equipment—net | $2.7B | $2.4B | $2.3B | $2.2B |
| Goodwill | $5.8B | $5.8B | $5.7B | $5.6B |
| Other intangibles—net | $781.0M | $836.0M | $803.0M | $785.0M |
| Other assets | $523.0M | $429.0M | $376.0M | $372.0M |
| Noncurrent assets held for sale | $0 | $33.0M | — | — |
| Total assets | $13.9B | $13.4B | $13.2B | $12.8B |
| Cash overdraft liability | $168.0M | $216.0M | $220.0M | $175.0M |
| Accounts payable | $2.4B | $2.2B | $2.1B | $1.9B |
| Accrued expenses and other current liabilities | $839.0M | $732.0M | $731.0M | $650.0M |
| Current portion of long-term debt | $137.0M | $109.0M | $110.0M | $116.0M |
| Liabilities held for sale | $0 | $8.0M | — | — |
| Total current liabilities | $3.6B | $3.3B | $3.1B | $2.8B |
| Long-term debt | $5.1B | $4.8B | $4.6B | $4.7B |
| Deferred tax liabilities | $426.0M | $335.0M | $293.0M | $298.0M |
| Other long-term liabilities | $556.0M | $447.0M | $469.0M | $446.0M |
| Noncurrent liabilities held for sale | $0 | $11.0M | — | — |
| Total liabilities | $9.6B | $8.9B | $8.4B | $8.3B |
| Common stock, $0.01 par value—600 shares authorized; 256.6 issued and 220.5 outstanding as of December 27, 2025, and 254.7 issued and 230.5 outstanding as of December 28, 2024, respectively | 3.0M | 3.0M | — | — |
| Additional paid-in capital | $3.8B | $3.7B | $3.7B | $3.0B |
| Retained earnings | $2.7B | $2.0B | $1.5B | $1.0B |
| Accumulated other comprehensive income | $48.0M | $43.0M | ($115.0M) | ($73.0M) |
| Treasury Stock, 36.1 and 24.2 shares, respectively | -2.2B | — | — | — |
| Total shareholders’ equity | $4.3B | $4.5B | $4.7B | $4.0B |
| Total liabilities and shareholders’ equity | $13.9B | $13.4B | $13.2B | $12.8B |
| Line item | Jun 27, 2026 | Mar 28, 2026 | Sep 27, 2025 | Jun 28, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $56.0M | $49.0M | $56.0M | $61.0M |
| Accounts receivable, less allowances of $32 and $30, respectively | $2.2B | $2.2B | $2.2B | $2.1B |
| Vendor receivables, less allowances of $8 and $7, respectively | $251.0M | $232.0M | $242.0M | $241.0M |
| Inventories—net | $1.7B | $1.7B | $1.7B | $1.6B |
| Prepaid expenses | $174.0M | $200.0M | $153.0M | $154.0M |
| Other current assets | $35.0M | $31.0M | $27.0M | $21.0M |
| Total current assets | $4.4B | $4.4B | $4.4B | $4.2B |
| Property and equipment—net | $2.7B | $2.7B | $2.6B | $2.6B |
| Goodwill | $5.8B | $5.8B | $5.8B | $5.8B |
| Other intangibles—net | $753.0M | $767.0M | $787.0M | $814.0M |
| Other assets | $627.0M | $541.0M | $499.0M | $492.0M |
| Total assets | $14.3B | $14.2B | $14.0B | $13.8B |
| Cash overdraft liability | $168.0M | $158.0M | $165.0M | $181.0M |
| Accounts payable | $2.8B | $2.7B | $2.7B | $2.5B |
| Accrued expenses and other current liabilities | $799.0M | $778.0M | $823.0M | $731.0M |
| Current portion of long-term debt | $150.0M | $142.0M | $120.0M | $118.0M |
| Total current liabilities | $3.9B | $3.8B | $3.8B | $3.6B |
| Long-term debt | $5.1B | $5.0B | $4.8B | $4.7B |
| Deferred tax liabilities | $439.0M | $438.0M | $385.0M | $354.0M |
| Other long-term liabilities | $620.0M | $549.0M | $549.0M | $538.0M |
| Total liabilities | $10.1B | $9.8B | $9.6B | $9.2B |
| Common stock, $0.01 par value—600 shares authorized; 258.2 issued and 216.3 outstanding as of June 27, 2026, and 256.6 issued and 220.5 outstanding as of December 27, 2025 | 3.0M | 3.0M | 3.0M | 3.0M |
| Additional paid-in capital | $3.9B | $3.8B | $3.8B | $3.8B |
| Retained earnings | $3.1B | $2.8B | $2.5B | $2.3B |
| Accumulated other comprehensive income | $48.0M | $48.0M | $43.0M | $43.0M |
| Treasury Stock, 41.9 and 36.1 shares, respectively | -2.7B | -2.3B | -1.9B | — |
| Total shareholders’ equity | $4.3B | $4.3B | $4.5B | $4.6B |
| Total liabilities and shareholders' equity | $14.3B | $14.2B | $14.0B | $13.8B |
| Line item | Dec 27, 2025 · FY | Dec 28, 2024 · FY | Dec 30, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $676.0M | $494.0M | $506.0M | $265.0M |
| Depreciation and amortization | $462.0M | $438.0M | $395.0M | $372.0M |
| Intangible asset impairment charges | $13.0M | — | $0 | $0 |
| Loss on extinguishment of debt | $0 | $10.0M | $21.0M | $0 |
| Loss on pension settlement | $0 | $124.0M | — | — |
| Deferred tax provision (benefit) | $86.0M | ($10.0M) | $9.0M | $17.0M |
| Share-based compensation expense | $83.0M | $63.0M | $56.0M | $45.0M |
| Provision for doubtful accounts | $35.0M | $29.0M | $24.0M | $6.0M |
| Other non-cash activities | $9.0M | — | — | — |
| Increase in receivables | ($95.0M) | ($140.0M) | ($157.0M) | ($240.0M) |
| (Increase) decrease in inventories | ($66.0M) | ($16.0M) | $61.0M | $70.0M |
| (Increase) decrease in prepaid expenses and other assets | ($34.0M) | $38.0M | ($67.0M) | ($24.0M) |
| Increase in accounts payable and cash overdraft liability | $143.0M | $170.0M | $200.0M | $193.0M |
| Increase (decrease) in accrued expenses and other liabilities | $57.0M | ($34.0M) | $80.0M | $44.0M |
| Net cash provided by operating activities | $1.4B | $1.2B | $1.1B | $765.0M |
| Acquisition of businesses—net of cash received | ($131.0M) | ($214.0M) | ($196.0M) | $0 |
| Proceeds from business divestiture | $38.0M | — | $0 | $0 |
| Proceeds from sales of property and equipment | $6.0M | $3.0M | $10.0M | $10.0M |
| Purchases of property and equipment | ($410.0M) | ($341.0M) | ($309.0M) | ($265.0M) |
| Net cash used in investing activities | ($497.0M) | ($552.0M) | ($495.0M) | ($255.0M) |
| Repurchase of Senior Note Debt | $0 | $0 | ($1.0B) | — |
| Issuance of new Senior Note Debt | $0 | $500.0M | $1.0B | — |
| Principal payments on debt refinancing | $0 | ($1.2B) | — | — |
| Proceeds from Term Loan Issuance | $0 | $725.0M | — | — |
| Principal payments on debt repricing | $0 | ($14.0M) | ($43.0M) | — |
| Proceeds from debt repricing | $0 | $14.0M | $43.0M | — |
| Proceeds from debt borrowings | $9.8B | $4.9B | $456.0M | $1.2B |
| Principal payments on debt and financing leases | ($9.7B) | ($4.8B) | ($766.0M) | ($1.6B) |
| Dividends paid on Series A convertible preferred stock | $0 | $0 | ($7.0M) | ($37.0M) |
| Debt financing costs and fees | $0 | ($13.0M) | ($11.0M) | ($4.0M) |
| Repurchase of common stock | ($926.0M) | ($948.0M) | $294.0M | $14.0M |
| Unsettled accelerated share repurchases | ($50.0M) | — | — | — |
| Proceeds from employee stock purchase plan | 28.0M | 28.0M | 24.0M | 22.0M |
| Proceeds from exercise of stock options | $6.0M | $15.0M | $26.0M | $15.0M |
| Purchase of interest rate caps | ($1.0M) | $0 | ($3.0M) | — |
| Tax withholding payments for net share-settled equity awards | ($38.0M) | ($21.0M) | ($12.0M) | ($16.0M) |
| Net cash used in financing activities | ($890.0M) | ($831.0M) | ($587.0M) | ($447.0M) |
| Net (decrease) increase in cash, cash equivalents and restricted cash | ($18.0M) | ($209.0M) | $58.0M | $63.0M |
| Cash, cash equivalents and restricted cash—beginning of year | $59.0M | $269.0M | $211.0M | $148.0M |
| Conversion of Series A Convertible Preferred Stock | $0 | $0 | $534.0M | — |
| Interest paid—net of amounts capitalized | $300.0M | $284.0M | $294.0M | $243.0M |
| Income taxes paid—net | $89.0M | $181.0M | $161.0M | $68.0M |
| Federal | $52.0M | — | — | — |
| State | $37.0M | — | — | — |
| Property and equipment purchases included in accounts payable | $79.0M | $47.0M | $39.0M | $36.0M |
| Line item | Jun 27, 2026 · YTD | Mar 28, 2026 · Q1 | Sep 27, 2025 · YTD | Jun 28, 2025 · YTD |
|---|---|---|---|---|
| Net income | $391.0M | $116.0M | $492.0M | $339.0M |
| Depreciation and amortization | $237.0M | $119.0M | $345.0M | $227.0M |
| Deferred tax provision | $13.0M | $11.0M | $46.0M | $15.0M |
| Share-based compensation expense | $54.0M | $22.0M | $64.0M | $45.0M |
| Provision for doubtful accounts | $19.0M | $8.0M | $27.0M | $17.0M |
| Other non-cash activities | $4.0M | $2.0M | $18.0M | $1.0M |
| Increase in receivables | ($299.0M) | ($211.0M) | ($329.0M) | ($230.0M) |
| Decrease in inventories | $8.0M | $34.0M | ($56.0M) | $65.0M |
| Decrease (increase) in prepaid expenses and other assets | $13.0M | ($14.0M) | ($9.0M) | ($18.0M) |
| Increase in accounts payable and cash overdraft liability | $364.0M | $291.0M | $407.0M | $268.0M |
| Decrease in accrued expenses and other liabilities | ($79.0M) | ($84.0M) | $71.0M | ($4.0M) |
| Net cash provided by operating activities | $725.0M | $294.0M | $1.1B | $725.0M |
| Proceeds from sales of property and equipment | $1.0M | $1.0M | $6.0M | $5.0M |
| Proceeds from divestitures | $0 | $0 | $38.0M | $38.0M |
| Purchases of property and equipment | ($174.0M) | ($98.0M) | ($276.0M) | ($161.0M) |
| Cash paid for acquisitions | ($2.0M) | $0 | ($87.0M) | ($87.0M) |
| Net cash used in investing activities | ($175.0M) | ($97.0M) | ($319.0M) | ($205.0M) |
| Principal payments on debt and financing leases | ($5.1B) | ($2.2B) | ($7.2B) | ($4.3B) |
| Proceeds from debt borrowings | $5.0B | $2.2B | $7.0B | $4.1B |
| Repurchase of common stock | ($445.0M) | ($75.0M) | ($602.0M) | ($270.0M) |
| Debt financing costs and fees | ($4.0M) | — | $0 | $0 |
| Proceeds from employee stock purchase plan | 17.0M | 7.0M | 22.0M | 16.0M |
| Proceeds from exercise of stock options | $10.0M | $7.0M | $6.0M | $5.0M |
| Purchase of interest rate caps | $0 | — | ($1.0M) | ($1.0M) |
| Tax withholding payments for net share-settled equity awards | ($51.0M) | ($51.0M) | ($35.0M) | ($34.0M) |
| Net cash used in financing activities | ($535.0M) | ($189.0M) | ($760.0M) | ($518.0M) |
| Net increase in cash, cash equivalents and restricted cash | $15.0M | $8.0M | ($3.0M) | $2.0M |
| Cash, cash equivalents and restricted cash—beginning of period | $41.0M | $41.0M | $59.0M | $59.0M |
| Cash, cash equivalents and restricted cash—end of period | $56.0M | $49.0M | $56.0M | $61.0M |
| Interest paid—net of amounts capitalized | $150.0M | $91.0M | $240.0M | $149.0M |
| Income taxes paid—net* | $93.0M | $76.0M | $86.0M | $80.0M |
| Property and equipment purchases included in accounts payable | $53.0M | $64.0M | $62.0M | $45.0M |
| Leased assets obtained in exchange for financing lease liabilities | $98.0M | $44.0M | $172.0M | $135.0M |
| Leased assets obtained in exchange for operating lease liabilities | $108.0M | $23.0M | $88.0M | $68.0M |
US Foods Holding Corp score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.