USFD has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
USFD has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. US Foods Holding's Operating Income for the three months ended in Jun. 2024 was $352 Mil. US Foods Holding's Interest Expense for the three months ended in Jun. 2024 was $-81 Mil. US Foods Holding's interest coverage for the quarter that ended in Jun. 2024 was 4.35. The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for US Foods Holding's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for US Foods Holding's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
US Foods Holding Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial | 3.80 | - | 2.04 | 2.38 | 3.18 |
US Foods Holding Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Interest Coverage | Get a 7-Day Free Trial | 3.93 | 2.84 | 3.65 | 2.25 | 4.35 |
For the Food Distribution subindustry, US Foods Holding's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Retail - Defensive industry and Consumer Defensive sector, US Foods Holding's Interest Coverage distribution charts can be found below:
* The bar in red indicates where US Foods Holding's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
If Interest Expense is negative and Operating Income is positive, then
Interest Coverage | = | -1 | * | Operating Income | / | Interest Expense |
Else if Interest Expense is negative and Operating Income is negative, then
The company did not have earnings to cover the interest expense. |
Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then
The company had no debt (1). |
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
US Foods Holding's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as
Here, for the fiscal year that ended in Dec. 2023, US Foods Holding's Interest Expense was $-324 Mil. Its Operating Income was $1,031 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,829 Mil.
Interest Coverage | = | -1 | * | Operating Income (A: Dec. 2023 ) | / | Interest Expense (A: Dec. 2023 ) |
= | -1 | * | 1031 | / | -324 | |
= | 3.18 |
US Foods Holding's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as
Here, for the three months ended in Jun. 2024, US Foods Holding's Interest Expense was $-81 Mil. Its Operating Income was $352 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,589 Mil.
Interest Coverage | = | -1 | * | Operating Income (Q: Jun. 2024 ) | / | Interest Expense (Q: Jun. 2024 ) |
= | -1 | * | 352 | / | -81 | |
= | 4.35 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The higher the ratio, the stronger the company's Financial Strength is.
US Foods Holding (NYSE:USFD) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Thank you for viewing the detailed overview of US Foods Holding's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Dirk J. Locascio | officer: Chief Financial Officer | C/O US FOODS HOLDING CORP., 9399 W. HIGGINS RD., ROSEMONT IL 60018 |
David A Rickard | officer: See Remarks | C/O US FOODS HOLDING CORP., 9399 W. HIGGINS RD., STE 100, ROSEMONT IL 60018 |
Scott D. Ferguson | director | 250 WEST 55TH STREET, 34TH FLOOR, NEW YORK NY 10019 |
Poe David L Jr | officer: EVP, Chief Merchant | 9399 W. HIGGINS RD., SUITE 100, ROSEMONT IL 60018 |
Martha Ha | officer: EVP, General Counsel | 9399 W. HIGGINS RD., SUITE 100, ROSEMONT IL 60018 |
James D Sturgell | officer: EVP, Chief Commercial Officer | 9399 W. HIGGINS RD., SUITE 100, ROSEMONT IL 60018 |
Randy J Taylor | officer: EVP, Field Operations | 9399 W. HIGGINS RD., SUITE 100, ROSEMONT IL 60018 |
Andrew E. Iacobucci | officer: Chief Merchandising Officer | C/O US FOODS HOLDING CORP., 9399 W. HIGGINS RD., ROSEMONT IL 60018 |
Steven Guberman | officer: Chief Merchandising Officer | C/O US FOODS HOLDING CORP., 9399 W. HIGGINS RD., STE 100, ROSEMONT IL 60018 |
Kkr Group Co. Inc. | 10 percent owner | 30 HUDSON YARDS, NEW YORK NY 10001 |
Kkr Fresh Holdings L.p. | 10 percent owner | C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001 |
Kkr Group Partnership L.p. | 10 percent owner | C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001 |
Sunil Gupta | director | C/O US FOODS HOLDING CORP., 9399 W HIGGINS RD, SUITE 100, ROSEMONT IL 60018 |
Jay Kvasnicka | officer: See Remarks | C/O US FOODS HOLDING CORP., 9399 W. HIGGINS RD., STE 100, ROSEMONT IL 60018 |
David E Flitman | officer: Chief Executive Officer | C/O NALCO COMPANY, 1601 WEST DIEHL ROAD, NAPERVILLE IL 60563 |
From GuruFocus
By GuruFocus Research • 05-10-2024
By Business Wire • 05-22-2024
By GuruFocus Research • 08-09-2024
By Business Wire • 03-18-2024
By GuruFocus Research • 02-11-2024
By Business Wire • 02-20-2024
By Business Wire • 07-11-2024
By Business Wire • 03-04-2024
By GuruFocus Research • 03-09-2024
By GuruFocus Research • 02-28-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.