S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%
US Foods

USFD Q4 2025 Earnings

Reported Feb 12, 2026 at 6:48 AM ET · SEC Source

Q4 25 EPS

$1.04

BEAT +26.83%

Est. $0.82

Q4 25 Revenue

$9.80B

MISS 1.07%

Est. $9.91B

vs S&P Since Q4 25

-11.7%

TRAILING MARKET

USFD -5.9% vs S&P +5.8%

Full Year 2025 Results

FY 25 EPS

$3.98

BEAT +0.98%

Est. $3.94

FY 25 Revenue

$39.42B

MISS 0.27%

Est. $39.53B

Market Reaction

Did USFD Beat Earnings? Q4 2025 Results

US Foods delivered a profit-driven standout in Q4 2025, posting adjusted earnings of $1.04 per share against a consensus estimate of $0.82, a beat of 26.83%, even as revenue of $9.80 billion came in just shy of the $9.91 billion analysts had expected… Read more US Foods delivered a profit-driven standout in Q4 2025, posting adjusted earnings of $1.04 per share against a consensus estimate of $0.82, a beat of 26.83%, even as revenue of $9.80 billion came in just shy of the $9.91 billion analysts had expected, representing 3.3% growth year-over-year. The earnings strength was fueled by broad-based volume gains across independent restaurants, up 4.1%, healthcare, up 2.9%, and hospitality, up 3.1%, alongside meaningful margin expansion, with adjusted EBITDA margin widening 35 basis points to 5.0% on improved inventory management and distribution productivity. Net income surged to $184.00 million, benefiting from the absence of a $124.00 million pension settlement loss that had weighed on the year-prior quarter. The company also signaled a sharper strategic focus, announcing plans to explore a sale of its Chef'Store cash-and-carry concept to concentrate fully on its core broadline foodservice distribution business. Looking into fiscal 2026, management guided for net sales growth of 4% to 6% and adjusted diluted EPS growth of 18% to 24%, reinforcing confidence in its three-year long-range plan.

Key Takeaways

  • • Independent restaurant case volume increased 4.1% in Q4
  • • Healthcare volume increased 2.9% and hospitality volume increased 3.1% in Q4
  • • Food cost inflation of 1.8% in Q4 contributed to net sales growth
  • • Improved cost of goods sold and inventory management boosted gross profit
  • • Distribution productivity improvements and administrative cost streamlining reduced operating expense growth
  • • Absence of prior-year pension settlement loss ($124M) and debt extinguishment loss ($10M) significantly boosted net income growth
  • • Adjusted EBITDA margin expanded 35 basis points to 5.0% in Q4

USFD Forward Guidance & Outlook

For fiscal year 2026, US Foods guided for net sales growth of 4% to 6%, Adjusted EBITDA growth of 9% to 13%, and Adjusted Diluted EPS growth of 18% to 24%. The guidance includes the impact of a 53rd week in fiscal 2026, expected to add approximately 1% to total case growth and Adjusted EBITDA growth. Management reiterated confidence in achieving the long-range plan algorithm and financial targets, including generating more than $4 billion of cumulative operating cash flow from 2025 to 2027, and sustained double-digit Adjusted EPS growth beyond 2027.

24/7 Wall St

USFD YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

“2025 was a strong start to our three year long-range plan. We grew Adjusted EBITDA 11% to a record $1.9 billion, expanded Adjusted EBITDA margin by 30 basis points to 4.9%, and increased Adjusted Diluted EPS 26% to a record $3.98.”

— Dave Flitman, Q4 2025 Earnings Press Release

Back to USFD Stock Page