What is US Foods Holding Return-on-Tangible-Asset?
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. US Foods Holding's annualizedNet Income for the quarter that ended in Mar. 2024 was $328 Mil. US Foods Holding's average total tangible assets for the quarter that ended in Mar. 2024 was $6,792 Mil. Therefore, US Foods Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 4.83%.
The historical rank and industry rank for US Foods Holding's Return-on-Tangible-Asset or its related term are showing as below:
USFD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.93 Med: 4.33 Max: 9.49
Current: 7.52
During the past 12 years, US Foods Holding's highest Return-on-Tangible-Asset was 9.49%. The lowest was -3.93%. And the median was 4.33%.
USFD's Return-on-Tangible-Asset is ranked better than 75.4% of 313
companies
in the Retail - Defensive industry
Industry Median: 3.82
vs USFD: 7.52
US Foods Holding Return-on-Tangible-Asset Historical Data
The historical data trend for US Foods Holding's Return-on-Tangible-Asset 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.
Competitive Comparison of US Foods Holding's Return-on-Tangible-Asset
For the Food Distribution subindustry, US Foods Holding's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
US Foods Holding's Return-on-Tangible-Asset Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, US Foods Holding's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where US Foods Holding's Return-on-Tangible-Asset falls into.
US Foods Holding Return-on-Tangible-Asset Calculation
US Foods Holding's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2024) net income data.
US Foods Holding (NYSE:USFD) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
US Foods Holding Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of US Foods Holding's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
US Foods Holding (US Foods Holding) Business Description
us Foods is the second-largest U.S. food service distributor behind Sysco, holding 11% market share of the highly fragmented food service distribution industry. us Foods distributes more than 400,000 food and nonfood products to the healthcare and hospitality industries (collectively 22% of 2021 sales), restaurants (61%), and education, government facilities, and grocers (17%). In addition to its delivery business, the firm has 80 cash-and- carry stores under the Chef'Store banner. After Sysco's attempt to purchase us Foods failed to gain federal approval in 2015, us Foods entered the public market via an initial public offering.
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