What is US Foods Holding Corp. worth?
With the base-case assumptions below, a discounted cash flow model on US Foods Holding Corp.'s reported free cash flow gives $89.60 per share. The share price was $109.85 on November 10, 2026, 23% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 6.5% | 10.0% | $47.22 | -57% |
| Base | 11.5% | 9.0% | $89.60 | -18% |
| Bull | 16.5% | 8.0% | $174.05 | +58% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $121.84 | $131.80 | $143.99 | $159.21 | $178.79 |
| 8.0% | $97.68 | $104.15 | $111.79 | $120.95 | $132.16 |
| 9.0% | $80.08 | $84.50 | $89.60 | $95.55 | $102.58 |
| 10.0% | $66.71 | $69.85 | $73.41 | $77.48 | $82.18 |
| 11.0% | $56.22 | $58.53 | $61.10 | $64.00 | $67.28 |
Where the presets come from
Base: years 1 to 5 grow at US Foods Holding Corp.'s revenue growth rate over the last 5 fiscal years (11.5% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions