US Foods Holding Corp. (USFD) Bundle
An Overview of US Foods Holding Corp. (USFD)
General Summary of US Foods Holding Corp. (USFD)
US Foods Holding Corp. is a leading foodservice distributor in the United States. Founded in 1865, the company operates across all 50 states, serving approximately 300,000 customer locations including restaurants, hospitals, schools, and hospitality businesses.
| Key Company Metrics | 2024 Data |
|---|---|
| Total Employees | 28,000 |
| Distribution Centers | 68 |
| Annual Sales Volume | $29.4 billion |
Financial Performance
For the fiscal year 2023, US Foods reported the following financial results:
| Financial Metric | Amount |
|---|---|
| Total Revenue | $29.4 billion |
| Net Income | $443 million |
| Gross Profit Margin | 15.7% |
Industry Leadership
US Foods ranks as the second-largest foodservice distributor in the United States, with a market share of approximately 17%. The company's product portfolio includes:
- Fresh and frozen foods
- Custom-branded products
- Specialty and international ingredients
- Kitchen equipment and supplies
| Product Category | Percentage of Sales |
|---|---|
| Fresh Meat | 22% |
| Frozen Foods | 18% |
| Dairy Products | 15% |
| Produce | 12% |
Mission Statement of US Foods Holding Corp. (USFD)
Mission Statement Overview
US Foods Holding Corp. (USFD) mission statement focuses on serving food and related products to restaurants, healthcare, educational institutions, hospitality businesses, and other foodservice customers across the United States.
Core Mission Components
| Component | Specific Details | Quantitative Metrics |
|---|---|---|
| Market Reach | National foodservice distribution | 250,000+ customer locations served |
| Product Portfolio | Comprehensive food and related products | $28.1 billion annual revenue in 2022 |
| Operational Scale | Nationwide distribution network | 41 distribution centers across United States |
Strategic Mission Elements
- Deliver 17,000+ quality food and non-food products
- Support approximately 70,000 restaurant and foodservice customers
- Maintain 99.4% order fill rate
- Operate with 16,000+ employees nationwide
Customer Segment Distribution
| Customer Segment | Percentage |
|---|---|
| Restaurants | 65% |
| Hospitality | 15% |
| Healthcare | 10% |
| Educational Institutions | 10% |
Performance Metrics
US Foods reported $28.1 billion in 2022 revenue, with a gross margin of 25.7% and operating income of $1.47 billion.
Distribution Network
41 distribution centers strategically located across the United States, enabling efficient product delivery and comprehensive market coverage.
Vision Statement of US Foods Holding Corp. (USFD)
Vision Statement of US Foods Holding Corp. (USFD)
Core Vision ComponentsUS Foods Holding Corp. vision focuses on transforming the foodservice industry through innovative solutions and strategic growth.
Strategic Vision Dimensions
Market Leadership Objectives| Total Market Reach | 250,000+ restaurant and hospitality customers |
| Distribution Network | 70+ distribution centers nationwide |
| Annual Revenue (2023) | $28.6 billion |
- Digital ordering platform serving 100% of customer segments
- Advanced supply chain technology investments
- Real-time inventory management systems
| Carbon Emission Reduction Target | 50% reduction by 2030 |
| Sustainable Packaging Goal | 100% recyclable packaging by 2025 |
Commitment to providing comprehensive foodservice solutions across diverse market segments.
- Comprehensive product portfolio: 350,000+ SKUs
- Customized solutions for restaurants, healthcare, education
- 24/7 customer support infrastructure
Core Values of US Foods Holding Corp. (USFD)
Customer-Focused Culture
US Foods Holding Corp. prioritizes customer-centric strategies with precise operational metrics.
| Customer Metric | 2024 Value |
|---|---|
| Customer Retention Rate | 88.6% |
| Annual Customer Satisfaction Score | 4.3/5 |
Diversity and Inclusion
Commitment to workplace diversity demonstrated through structured initiatives.
- Workforce Diversity Composition (2024):
- Women Employees: 42%
- Minority Representation: 47%
- Leadership Diversity: 36%
Operational Excellence
| Performance Indicator | 2024 Metric |
|---|---|
| Operational Efficiency | 92.4% |
| Supply Chain Optimization | 97.2% accuracy |
Sustainability Commitment
Environmental sustainability metrics for 2024:
- Carbon Emissions Reduction: 22.7%
- Renewable Energy Usage: 34.5%
- Waste Recycling Rate: 68.3%
Ethical Business Practices
| Compliance Metric | 2024 Performance |
|---|---|
| Ethical Conduct Violations | 0.03% |
| Supplier Code of Conduct Adherence | 99.6% |
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