Record 2024 Full Year Earnings
US Foods delivered a strong quarter resulting in record 2024 full year earnings of $1.74 billion, surpassing original commitments.
Consistent Market Share Gains
Achieved 15 consecutive quarters of share gains with independent restaurants and 17 consecutive quarters in healthcare, with independent case volume up 3.2%.
Strategic Initiatives and Savings
Executed key initiatives driving $230 million in cost savings, expanded adjusted EBITDA margin by 100 basis points to 4.6%, and achieved $120 million in operating expense savings.
Strong Cash Flow and Share Repurchases
Deployed strong cash flow through a $220 million acquisition and nearly $1 billion of share repurchases in 2024.
Positive Future Outlook
Confidence in achieving a 5% sales CAGR, 10% adjusted EBITDA CAGR, and 20% adjusted diluted EPS CAGR through 2027.