US Foods HoldingUSFD +4.20%81 ROC (Joel Greenblatt) % is 26.09% as of Mar. 2026, which is 15% above its 10-year median of 22.65. GuruFocus rates USFD with a GF Score™ of 81/100 and a GF Value™ of $73.93 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 308 Retail - Defensive companies, US Foods Holding ranks better than 87.34% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. US Foods Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.09%.
The historical rank and industry rank for US Foods Holding's ROC (Joel Greenblatt) % or its related term are showing as below:
USFD'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.86 Med: 22.65 Max: 37.17
Current: 37.17
During the past 13 years, US Foods Holding's highest ROC (Joel Greenblatt) % was 37.17%. The lowest was -1.86%. And the median was 22.65%.
USFD's ROC (Joel Greenblatt) % is ranked better than 87.34% of 308
companies
in the Retail - Defensive industry
Industry Median: 13.375
vs USFD: 37.17
US Foods Holding's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
US Foods Holding (NYSE:USFD) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
US Foods Holding ROC (Joel Greenblatt) % Related Terms
US Foods Holding ROC (Joel Greenblatt) % Historical Data
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The historical data trend for US Foods Holding's ROC (Joel Greenblatt) % 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.
USFD vs PFGC, CHEF, SYY: ROC (Joel Greenblatt) % Comparison
For the Food Distribution subindustry, US Foods Holding's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, US Foods Holding's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where US Foods Holding's ROC (Joel Greenblatt) % falls into.
US Foods Holding ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 26.09% mean?
US Foods Holding (USFD) has a ROC (Joel Greenblatt) % of 26.09% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on US Foods Holding and its competitors. This is 15% above median its historical median of 22.65. According to the industry distribution chart, US Foods Holding ranks #39 out of 308 companies in the Retail - Defensive industry, placing it in the top 12.7%.
Is US Foods Holding's ROC (Joel Greenblatt) % too high?
US Foods Holding's current ROC (Joel Greenblatt) % of 26.09% is 15% above median its 10-year median of 22.65. The Retail - Defensive industry median ROC (Joel Greenblatt) % is 13.38. US Foods Holding's value of 26.09% is 95.1% above this industry median. Based on the distribution chart, US Foods Holding ranks #39 out of 308 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, US Foods Holding has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does US Foods Holding's ROC (Joel Greenblatt) % compare to PFGC and CHEF?
According to the Retail - Defensive industry distribution chart, US Foods Holding ranks #39 out of 308 companies for ROC (Joel Greenblatt) %. This places US Foods Holding in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.38. US Foods Holding's value of 26.09% is 95.1% above this benchmark. While the company's 10-year median is 22.65 vs. the industry median of 13.38, US Foods Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Retail - Defensive company?
The median ROC (Joel Greenblatt) % among Retail - Defensive companies is 13.38, based on 308 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. US Foods Holding's current ROC (Joel Greenblatt) % of 26.09% is 95.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on US Foods Holding and its competitors. For the Retail - Defensive industry, the median ROC (Joel Greenblatt) % is 13.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Foods Holding's current ROC (Joel Greenblatt) % is 26.09%, which is 15% above median its own 10-year median of 22.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Foods Holding stock overvalued right now?
Based on GuruFocus' analysis, US Foods Holding (USFD) is currently considered Significantly Overvalued. The stock's GF Value™ is $73.93, compared to a current price of $102.44 — trading 38.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 26.09%, which is 15% above median its 10-year median of 22.65 and 95.1% above the Retail - Defensive industry median of 13.38. US Foods Holding's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For US Foods Holding (USFD), the current ROC (Joel Greenblatt) % is 26.09% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is US Foods Holding (USFD) Overvalued in 2026?
Based on GuruFocus' analysis, US Foods Holding stock appears to be overvalued.
The current stock price of $102.44 is trading 38.6% above its estimated GF Value™ of $73.93.
GuruFocus considers US Foods Holding to be Significantly Overvalued.
Key valuation signals for USFD:
ROC (Joel Greenblatt) %: 26.09% (15% above median its 10-year median of 22.65)
GF Value™: $73.93 vs. price of $102.44 (38.6% above fair value)
Industry Position: 95.1% above the Retail - Defensive median (#39 of 308)
No single metric tells the full story. See the USFD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
US Foods Holding Corp is a U.S. food service distributor that distributes food and nonfood products to the healthcare and hospitality industries, restaurants, education, government facilities, and grocers. It has various customer locations across the United States, with a vast network of distribution facilities, a fleet of trucks, and cash and carry locations offering food and non-food products, and a comprehensive suite of e-commerce, technology, and business solutions to its customers. The company operates in one business segment in which it markets, sells, and distributes fresh, frozen, and dry food and non-food products to foodservice customers throughout the U.S. The products offered are as snacks, beverages, fresh produce, sauces, condiments, canned/frozen fruits and others.
81GF Score
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