US Foods Holding Corp Stock Research

Market Summary

USD35.11+0.09

Market Closed

0.26%

USFD Alerts

3 major insider sales recently.
Big jump in Earnings (Y/Y)

USFD Stock Price

USFD RSI Chart

USFD Valuation

Market Cap

7.9B

Price/Earnings (Trailing)

29.81

Price/Sales (Trailing)

0.23

EV/EBITDA

12.58

Price/Free Cashflow

15.8

USFD Price/Sales (Trailing)

USFD Profitability

EBT Margin

1.06%

Return on Equity

6.69%

Return on Assets

2.07%

Free Cashflow Yield

6.33%

USFD Fundamentals

USFD Revenue

Revenue (TTM)

34.1B

Revenue Y/Y

11.47%

Revenue Q/Q

-4.51%

USFD Earnings

Earnings (TTM)

265.0M

Earnings Y/Y

34.78%

Earnings Q/Q

-14.68%

Price Action

52 Week Range

25.4941.28

(Low)(High)

Last 7 days

1.5%

Last 30 days

-10.6%

Last 90 days

1.2%

Trailing 12 Months

-5.0%

USFD Financial Health

Current Ratio

1.37

Debt/Equity

1.2

Debt/Cashflow

0.16

USFD Investor Care

Shares Dilution (1Y)

0.90%

Diluted EPS (TTM)

1.01

Peers (Alternatives to US Foods Holding)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
WMT	384.4B	600.1B	-1.69%	0.45%	42.65	0.64	4.92%	10.07%
COST	219.7B	234.4B	-0.43%	-10.80%	36.3	0.94	13.76%	13.92%
SYY	37.9B	73.6B	-3.65%	-6.79%	26.68	0.51	21.14%	80.80%
KR	35.1B	146.5B	9.93%	-12.27%	14.85	0.24	8.04%	132.09%
ACI	10.8B	76.8B	-5.57%	-23.61%	6.51	0.14	9.24%	62.45%
BJ	10.1B	18.7B	1.01%	16.67%	20.58	0.54	15.30%	18.31%
MID-CAP
USFD	7.9B	34.1B	-10.59%	-4.98%	29.81	0.23	15.50%	61.59%
SFM	3.5B	6.4B	4.26%	1.84%	13.39	0.55	4.99%	6.97%
GO	2.7B	3.6B	-5.16%	-17.02%	41.14	0.75	16.19%	4.40%
WMK	2.2B	4.7B	-0.77%	12.15%	17.73	0.47	11.16%	15.02%
SMALL-CAP
UNFI	1.4B	29.9B	-44.65%	-47.56%	7.15	0.05	7.50%	-18.03%
ANDE	1.4B	17.3B	-9.35%	-21.53%	10.33	0.08	37.37%	26.06%
CHEF	1.3B	2.6B	-8.00%	-0.55%	45.44	0.48	49.70%	663.68%
SPTN	853.5M	9.6B	-22.39%	-30.31%	24.73	0.09	7.97%	-53.20%
NGVC	244.8M	1.1B	-0.30%	-41.40%	14.52	0.22	2.34%	-34.82%

Financials for US Foods Holding

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	2.6%	34,057	33,181	32,154	30,990	29,487
Gross Profit	4.0%	5,492	5,280	5,061	4,847	4,655
Operating Expenses	3.2%	4,898	4,745	4,605	4,417	4,231
S&GA Expenses	3.0%	4,886	4,745	4,598	4,409	4,220
EBITDA	7.0%	988	923	844	766	-
EBITDA Margin	4.3%	0.03*	0.03*	0.03*	0.02*	-
Earnings Before Taxes	11.8%	361	323	260	241	214
EBT Margin	8.9%	0.01*	0.01*	0.01*	0.01*	-
Interest Expenses	8.5%	255	235	220	214	213
Net Income	10.0%	265	241	196	181	164
Net Income Margin	7.1%	0.01*	0.01*	0.01*	0.01*	-
Free Cahsflow	138.1%	500	210	118	101	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-3.5%	12,773	13,242	13,033	12,960	12,521
Current Assets	-11.1%	3,820	4,298	4,121	4,050	3,594
Cash Equivalents	-42.3%	211	366	197	190	148
Inventory	-8.2%	1,616	1,761	1,793	1,826	1,686
Net PPE	4.6%	2,171	2,075	2,049	2,022	2,033
Goodwill	0%	5,625	5,625	5,625	5,625	5,625
Liabilities	-5.7%	8,278	8,781	8,695	8,704	8,252
Current Liabilities	-11.8%	2,796	3,170	3,016	3,029	2,550
Long Term Debt	-2.0%	4,738	4,837	4,912	4,890	4,916
Shareholder's Equity	0.9%	3,961	3,927	3,804	3,722	3,735
Retained Earnings	9.0%	1,010	927	827	766	782
Additional Paid-In Capital	0.6%	3,036	3,017	2,994	2,973	2,970
Accumulated Depreciation	-	2,722	-	-	-	-
Shares Outstanding	0%	225	225	224	224	223

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	49.4%	765	512	428	401	419
Share Based Compensation	-2.2%	45.00	46.00	46.00	50.00	48.00
Cashflow From Investing	13.0%	-255	-293	-301	-286	-262
Cashflow From Financing	28.4%	-447	-624	-628	-836	-837
Buy Backs	Infinity%	14.00	0.00	-	-	-

Risks for USFD

What is the probability of a big loss on USFD?

71.5%

Probability that US Foods Holding stock will be more than 20% underwater in next one year

46.1%

Probability that US Foods Holding stock will be more than 30% underwater in next one year.

19.6%

Probability that US Foods Holding stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does USFD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if US Foods Holding was unfortunately bought at previous high price.

Drawdowns

Returns for USFD

Cumulative Returns on USFD

1.1%

5-Year Cumulative Returns

31.9%

3-Year Cumulative Returns

What are the long-term rolling returns for USFD?

FIve years rolling returns for US Foods Holding.

Annualized Returns

Which funds bought or sold USFD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	0.06	14,317,500	64,123,500	0.07%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-19.43	15,000	423,000	-%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	sold off	-100	-1,000	-	-%
2023-02-28	Voya Investment Management LLC	added	135	1,398,630	2,085,630	-%
2023-02-24	SRS Capital Advisors, Inc.	reduced	-22.46	-96.00	67,904	0.01%
2023-02-21	KB FINANCIAL PARTNERS, LLC	added	29.87	11,000	28,000	0.01%
2023-02-21	MACQUARIE GROUP LTD	reduced	-2.57	1,959,000	10,167,000	0.01%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	reduced	-1.2	10,584	50,584	-%
2023-02-17	Coppell Advisory Solutions Corp.	new	-	5,681	5,681	-%
2023-02-17	TRUIST FINANCIAL CORP	added	8.05	287,614	1,024,610	-%

Latest Funds Activity

Are funds buying USFD calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own USFD

No. of Funds

US Foods Holding News

Schedule 13G FIlings of US Foods Holding

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 09, 2023	kkr fresh aggregator l.p.	6.9%	17,257,887	SC 13D/A
Feb 13, 2023	boston partners	6.32%	14,216,673	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	8.72%	19,619,394	SC 13G/A
Feb 08, 2023	invesco ltd.	5.9%	13,292,972	SC 13G/A
May 10, 2022	sachem head capital management lp	8.7%	19,434,852	SC 13D/A
Apr 15, 2022	sachem head capital management lp	8.7%	19,434,852	SC 13D/A
Feb 15, 2022	sachem head capital management lp	8.7%	19,434,852	SC 13D/A
Feb 11, 2022	boston partners	5.49%	12,228,017	SC 13G
Feb 10, 2022	invesco ltd.	7.1%	15,887,719	SC 13G/A

USFD Fair Value

US Foods Holding fair value in different scenarios

The table shows the Fair Value estimates for US Foods Holding for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	15.80 -55.00%	24.63 -29.85%	42.33 20.56%	76.36 117.49%	125.46 257.33%
Current Inflation	14.94 -57.45%	22.90 -34.78%	38.57 9.85%	67.97 93.59%	110.19 213.84%
Very High Inflation	13.85 -60.55%	20.78 -40.81%	34.04 -3.05%	58.11 65.51%	92.45 163.32%

Historical US Foods Holding Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of US Foods Holding

View All Filings

Date Filed	Form Type	Document
Mar 24, 2023	144	Notice of Insider Sale Intent
Mar 24, 2023	PRE 14A	PRE 14A
Mar 21, 2023	8-K	Current Report
Mar 10, 2023	8-K	Current Report
Mar 09, 2023	4	Insider Trading
Mar 09, 2023	4	Insider Trading
Mar 09, 2023	SC 13D/A	13D - Major Acquisition
Feb 24, 2023	4	Insider Trading
Feb 22, 2023	144	Notice of Insider Sale Intent
Feb 17, 2023	10-K	Annual Report

Latest Insider Trading transactions for USFD

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-07	KKR Fresh Holdings L.P.	acquired	163,401,000	21.5	7,600,040	-
2023-03-07	KKR Group Partnership L.P.	sold	-295,108,000	38.83	-7,600,000	-
2023-03-07	KKR Group Partnership L.P.	acquired	163,401,000	21.5	7,600,040	-
2023-03-07	KKR Fresh Holdings L.P.	sold	-295,108,000	38.83	-7,600,000	-
2023-02-22	Gupta Sunil	sold	-226,165	39.292	-5,756	-
2023-02-06	Flitman David E	acquired	-	-	264,831	chief executive officer
2023-01-31	Kvasnicka Jay	sold	-2,351,500	38.0464	-61,806	evp, field operations
2023-01-31	Kvasnicka Jay	acquired	726,458	13.29	54,662	evp, field operations
2023-01-26	Kvasnicka Jay	sold	-98,445	38.01	-2,590	evp, field operations
2023-01-26	Kvasnicka Jay	acquired	28,865	13.29	2,172	evp, field operations

About US Foods Holding

USFD Income Statement

2022-12-31

Consolidated Statements of Comprehensive Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Jan. 01, 2022	Jan. 02, 2021
Statement of Comprehensive Income [Abstract]
Net sales	$ 34,057	$ 29,487	$ 22,885
Cost of goods sold	28,565	24,832	19,166
Gross profit	5,492	4,655	3,719
Operating expenses:
Distribution, selling and administrative costs	4,886	4,220	3,757
Restructuring costs and asset impairment charges	12	11	39
Total operating expenses	4,898	4,231	3,796
Operating income (loss)	594	424	(77)
Other income—net	(22)	(26)	(21)
Interest expense—net	255	213	238
Loss on Extinguishment of Debt	0	23	0
Income (loss) before income taxes	361	214	(294)
Income tax provision (benefit)	96	50	(68)
Net income (loss)	265	164	(226)
Other comprehensive income (loss)—net of tax:
Changes in retirement benefit obligations	(54)	10	23
Recognition of interest rate swaps	0	5	(3)
Comprehensive income (loss)	211	179	(206)
Less: Series A Preferred Stock dividends (1)	(37)	(43)	(28)
Net income (loss) available to common shareholders	$ 228	$ 121	$ (254)
Net income (loss) per share:
Basic	$ 1.02	$ 0.55	$ (1.15)
Diluted	$ 1.01	$ 0.54	$ (1.15)
Weighted-average common shares outstanding
Basic	224	222	220
Diluted	226	225	220

USFD Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Millions	Dec. 31, 2022	Jan. 01, 2022
Current assets:
Cash and cash equivalents	$ 211	$ 148
Accounts receivable, less allowances of $30 and $33	1,705	1,469
Vendor receivables, less allowances of $8 and $7	143	145
Inventories—net	1,616	1,686
Prepaid expenses	124	120
Assets Held-for-sale, Not Part of Disposal Group, Current	2	8
Other current assets	19	18
Total current assets	3,820	3,594
Property and equipment—net	2,171	2,033
Goodwill	5,625	5,625
Other intangibles—net	785	830
Deferred tax assets	0	8
Other assets	372	431
Total assets	12,773	12,521
Current liabilities:
Cash overdraft liability	175	183
Accounts payable	1,855	1,662
Accrued Liabilities, Current	650	610
Current portion of long-term debt	116	95
Total current liabilities	2,796	2,550
Long-term debt	4,738	4,916
Noncurrent deferred tax liability	298	307
Other long-term liabilities	446	479
Total liabilities	8,278	8,252
Commitments and contingencies (Note 22)
Series A convertible preferred stock, $0.01 par value—25 shares authorized; 0.5 issued and outstanding as of December 31, 2022 and January 1, 2022	534	534
Shareholders’ equity:
Common stock, $0.01 par value—600 shares authorized; 225 and 223 issued and outstanding as of December 31, 2022 and January 1, 2022, respectively	2	2
Additional paid-in capital	3,036	2,970
Retained earnings	1,010	782
Accumulated other comprehensive loss	(73)	(19)
Total shareholders’ equity	3,961	3,735
Total liabilities, mezzanine equity and shareholders’ equity	$ 12,773	$ 12,521
Treasury Stock, Shares	500	0
Treasury Stock, Value	$ (14)	$ 0