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Side-by-side financial comparison of BANK OF MONTREAL (BMO) and US Foods Holding Corp. (USFD). Click either name above to swap in a different company.
US Foods Holding Corp. is the larger business by last-quarter revenue ($9.8B vs $7.2B, roughly 1.4× BANK OF MONTREAL). BANK OF MONTREAL runs the higher net margin — 25.3% vs 1.9%, a 23.5% gap on every dollar of revenue. BANK OF MONTREAL produced more free cash flow last quarter ($1.0B vs $159.0M).
The Bank of Montreal, abbreviated as BMO, is a Canadian multinational investment bank and financial services company.
US Foods Holding Corp. is an American food service distributor. It is the second-largest food service distributor in the U.S., after Sysco. The company supplies 250,000 locations including independent restaurants, chain restaurants, healthcare, hospitality, and educational institutions.
BMO vs USFD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.2B | $9.8B |
| Net Profit | $1.8B | $184.0M |
| Gross Margin | — | 17.6% |
| Operating Margin | — | 3.3% |
| Net Margin | 25.3% | 1.9% |
| Revenue YoY | — | 3.3% |
| Net Profit YoY | — | 178.8% |
| EPS (diluted) | — | $0.82 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $7.2B | — | ||
| Q4 25 | — | $9.8B | ||
| Q3 25 | $6.6B | $10.2B | ||
| Q2 25 | $6.3B | $10.1B | ||
| Q1 25 | — | $9.4B | ||
| Q4 24 | — | $9.5B | ||
| Q3 24 | — | $9.7B | ||
| Q2 24 | — | $9.7B |
| Q1 26 | $1.8B | — | ||
| Q4 25 | — | $184.0M | ||
| Q3 25 | $1.7B | $153.0M | ||
| Q2 25 | $1.4B | $224.0M | ||
| Q1 25 | — | $115.0M | ||
| Q4 24 | — | $66.0M | ||
| Q3 24 | — | $148.0M | ||
| Q2 24 | — | $198.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 17.6% | ||
| Q3 25 | — | 17.2% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | — | 17.6% | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 17.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.3% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 3.6% |
| Q1 26 | 25.3% | — | ||
| Q4 25 | — | 1.9% | ||
| Q3 25 | 25.9% | 1.5% | ||
| Q2 25 | 22.6% | 2.2% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | $0.82 | ||
| Q3 25 | — | $0.67 | ||
| Q2 25 | — | $0.96 | ||
| Q1 25 | — | $0.49 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | — | $0.61 | ||
| Q2 24 | — | $0.80 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $49.2B | $41.0M |
| Total DebtLower is stronger | — | $5.1B |
| Stockholders' EquityBook value | $62.6B | $4.3B |
| Total Assets | $1064.4B | $13.9B |
| Debt / EquityLower = less leverage | — | 1.18× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $49.2B | — | ||
| Q4 25 | — | $41.0M | ||
| Q3 25 | $42.8B | $56.0M | ||
| Q2 25 | $47.7B | $61.0M | ||
| Q1 25 | — | $101.0M | ||
| Q4 24 | — | $59.0M | ||
| Q3 24 | — | $81.0M | ||
| Q2 24 | — | $405.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | — | $4.6B |
| Q1 26 | $62.6B | — | ||
| Q4 25 | — | $4.3B | ||
| Q3 25 | $63.3B | $4.5B | ||
| Q2 25 | $62.7B | $4.6B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $5.0B |
| Q1 26 | $1064.4B | — | ||
| Q4 25 | — | $13.9B | ||
| Q3 25 | $1045.0B | $14.0B | ||
| Q2 25 | $1051.4B | $13.8B | ||
| Q1 25 | — | $13.7B | ||
| Q4 24 | — | $13.4B | ||
| Q3 24 | — | $13.5B | ||
| Q2 24 | — | $13.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.18× | ||
| Q3 25 | — | 1.08× | ||
| Q2 25 | — | 1.02× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | 1.06× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 0.92× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.3B | $293.0M |
| Free Cash FlowOCF − Capex | $1.0B | $159.0M |
| FCF MarginFCF / Revenue | 14.4% | 1.6% |
| Capex IntensityCapex / Revenue | 3.9% | 1.4% |
| Cash ConversionOCF / Net Profit | 0.72× | 1.59× |
| TTM Free Cash FlowTrailing 4 quarters | — | $959.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $293.0M | ||
| Q3 25 | $-3.1B | $351.0M | ||
| Q2 25 | $-2.3B | $334.0M | ||
| Q1 25 | — | $391.0M | ||
| Q4 24 | — | $283.0M | ||
| Q3 24 | — | $270.0M | ||
| Q2 24 | — | $482.0M |
| Q1 26 | $1.0B | — | ||
| Q4 25 | — | $159.0M | ||
| Q3 25 | $-3.4B | $236.0M | ||
| Q2 25 | $-2.7B | $257.0M | ||
| Q1 25 | — | $307.0M | ||
| Q4 24 | — | $178.0M | ||
| Q3 24 | — | $190.0M | ||
| Q2 24 | — | $413.0M |
| Q1 26 | 14.4% | — | ||
| Q4 25 | — | 1.6% | ||
| Q3 25 | -51.3% | 2.3% | ||
| Q2 25 | -41.8% | 2.5% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 4.3% |
| Q1 26 | 3.9% | — | ||
| Q4 25 | — | 1.4% | ||
| Q3 25 | 4.5% | 1.1% | ||
| Q2 25 | 5.1% | 0.8% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | 0.72× | — | ||
| Q4 25 | — | 1.59× | ||
| Q3 25 | -1.81× | 2.29× | ||
| Q2 25 | -1.63× | 1.49× | ||
| Q1 25 | — | 3.40× | ||
| Q4 24 | — | 4.29× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | — | 2.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BMO
Segment breakdown not available.
USFD
| Product One | $3.5B | 36% |
| Product Two | $1.7B | 17% |
| Product Three | $1.7B | 17% |
| Product Four | $985.0M | 10% |
| Product Five | $901.0M | 9% |
| Product Six | $580.0M | 6% |
| Product Seven | $485.0M | 5% |
