vs
Side-by-side financial comparison of Simply Good Foods Co (SMPL) and US Foods Holding Corp. (USFD), based on the latest 10-Q / 10-K filings. 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 $340.2M, roughly 28.8× Simply Good Foods Co). Simply Good Foods Co runs the higher net margin — 7.4% vs 1.9%, a 5.6% gap on every dollar of revenue. On growth, US Foods Holding Corp. posted the faster year-over-year revenue change (3.3% vs -0.3%). US Foods Holding Corp. produced more free cash flow last quarter ($159.0M vs $48.0M). Over the past eight quarters, Simply Good Foods Co's revenue compounded faster (5.0% CAGR vs 4.6%).
Whole Foods Market, Inc. is an American multinational supermarket chain headquartered in Austin, Texas, owned wholly by Amazon, and which generally sells whole food products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections.
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.
SMPL vs USFD — Head-to-Head
Income Statement — Q1 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $340.2M | $9.8B |
| Net Profit | $25.3M | $184.0M |
| Gross Margin | 32.3% | 17.6% |
| Operating Margin | 11.0% | 3.3% |
| Net Margin | 7.4% | 1.9% |
| Revenue YoY | -0.3% | 3.3% |
| Net Profit YoY | -33.7% | 178.8% |
| EPS (diluted) | $0.26 | $0.82 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.
| Q4 25 | $340.2M | $9.8B | ||
| Q3 25 | — | $10.2B | ||
| Q2 25 | $381.0M | $10.1B | ||
| Q1 25 | — | $9.4B | ||
| Q4 24 | $341.3M | $9.5B | ||
| Q3 24 | $375.7M | $9.7B | ||
| Q2 24 | $334.8M | $9.7B | ||
| Q1 24 | $312.2M | $8.9B |
| Q4 25 | $25.3M | $184.0M | ||
| Q3 25 | — | $153.0M | ||
| Q2 25 | $41.1M | $224.0M | ||
| Q1 25 | — | $115.0M | ||
| Q4 24 | $38.1M | $66.0M | ||
| Q3 24 | $29.3M | $148.0M | ||
| Q2 24 | $41.3M | $198.0M | ||
| Q1 24 | $33.1M | $82.0M |
| Q4 25 | 32.3% | 17.6% | ||
| Q3 25 | — | 17.2% | ||
| Q2 25 | 36.4% | 17.6% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | 38.2% | 17.6% | ||
| Q3 24 | 38.8% | 17.1% | ||
| Q2 24 | 39.9% | 17.6% | ||
| Q1 24 | 37.4% | 16.7% |
| Q4 25 | 11.0% | 3.3% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | 15.6% | 3.7% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | 16.0% | 3.2% | ||
| Q3 24 | 12.7% | 2.9% | ||
| Q2 24 | 17.6% | 3.6% | ||
| Q1 24 | 15.4% | 1.8% |
| Q4 25 | 7.4% | 1.9% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | 10.8% | 2.2% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | 11.2% | 0.7% | ||
| Q3 24 | 7.8% | 1.5% | ||
| Q2 24 | 12.3% | 2.0% | ||
| Q1 24 | 10.6% | 0.9% |
| Q4 25 | $0.26 | $0.82 | ||
| Q3 25 | — | $0.67 | ||
| Q2 25 | $0.40 | $0.96 | ||
| Q1 25 | — | $0.49 | ||
| Q4 24 | $0.38 | $0.28 | ||
| Q3 24 | $0.29 | $0.61 | ||
| Q2 24 | $0.41 | $0.80 | ||
| Q1 24 | $0.33 | $0.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $194.1M | $41.0M |
| Total DebtLower is stronger | — | $5.1B |
| Stockholders' EquityBook value | $1.7B | $4.3B |
| Total Assets | $2.5B | $13.9B |
| Debt / EquityLower = less leverage | — | 1.18× |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $194.1M | $41.0M | ||
| Q3 25 | — | $56.0M | ||
| Q2 25 | $98.0M | $61.0M | ||
| Q1 25 | — | $101.0M | ||
| Q4 24 | $121.8M | $59.0M | ||
| Q3 24 | $132.5M | $81.0M | ||
| Q2 24 | $208.7M | $405.0M | ||
| Q1 24 | $135.9M | $267.0M |
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | $397.5M | $4.7B | ||
| Q2 24 | $237.7M | $4.6B | ||
| Q1 24 | $237.7M | $4.6B |
| Q4 25 | $1.7B | $4.3B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | $1.8B | $4.6B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | $1.8B | $4.5B | ||
| Q3 24 | $1.7B | $4.6B | ||
| Q2 24 | $1.7B | $5.0B | ||
| Q1 24 | $1.6B | $4.8B |
| Q4 25 | $2.5B | $13.9B | ||
| Q3 25 | — | $14.0B | ||
| Q2 25 | $2.4B | $13.8B | ||
| Q1 25 | — | $13.7B | ||
| Q4 24 | $2.4B | $13.4B | ||
| Q3 24 | $2.4B | $13.5B | ||
| Q2 24 | $2.2B | $13.7B | ||
| Q1 24 | $2.1B | $13.4B |
| Q4 25 | — | 1.18× | ||
| Q3 25 | — | 1.08× | ||
| Q2 25 | — | 1.02× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | 1.06× | ||
| Q3 24 | 0.23× | 1.01× | ||
| Q2 24 | 0.14× | 0.92× | ||
| Q1 24 | 0.14× | 0.95× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $50.1M | $293.0M |
| Free Cash FlowOCF − Capex | $48.0M | $159.0M |
| FCF MarginFCF / Revenue | 14.1% | 1.6% |
| Capex IntensityCapex / Revenue; lower = less reinvestment burden | 0.6% | 1.4% |
| Cash ConversionOCF / Net Profit; >1× = earnings back up with cash | 1.98× | 1.59× |
| TTM Free Cash FlowTrailing 4 quarters | — | $959.0M |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $50.1M | $293.0M | ||
| Q3 25 | — | $351.0M | ||
| Q2 25 | — | $334.0M | ||
| Q1 25 | — | $391.0M | ||
| Q4 24 | $32.0M | $283.0M | ||
| Q3 24 | $48.9M | $270.0M | ||
| Q2 24 | $72.8M | $482.0M | ||
| Q1 24 | $46.5M | $139.0M |
| Q4 25 | $48.0M | $159.0M | ||
| Q3 25 | — | $236.0M | ||
| Q2 25 | — | $257.0M | ||
| Q1 25 | — | $307.0M | ||
| Q4 24 | $31.7M | $178.0M | ||
| Q3 24 | $45.0M | $190.0M | ||
| Q2 24 | $72.0M | $413.0M | ||
| Q1 24 | $46.1M | $52.0M |
| Q4 25 | 14.1% | 1.6% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | 9.3% | 1.9% | ||
| Q3 24 | 12.0% | 2.0% | ||
| Q2 24 | 21.5% | 4.3% | ||
| Q1 24 | 14.8% | 0.6% |
| Q4 25 | 0.6% | 1.4% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | 0.1% | 1.1% | ||
| Q3 24 | 1.0% | 0.8% | ||
| Q2 24 | 0.2% | 0.7% | ||
| Q1 24 | 0.1% | 1.0% |
| Q4 25 | 1.98× | 1.59× | ||
| Q3 25 | — | 2.29× | ||
| Q2 25 | — | 1.49× | ||
| Q1 25 | — | 3.40× | ||
| Q4 24 | 0.84× | 4.29× | ||
| Q3 24 | 1.67× | 1.82× | ||
| Q2 24 | 1.76× | 2.43× | ||
| Q1 24 | 1.40× | 1.70× |
Financial Flow Comparison
Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.
Revenue Breakdown by Segment
SMPL
| Quest | $211.4M | 62% |
| Atkins Domain | $79.7M | 23% |
| OWYN | $28.1M | 8% |
| Other | $20.9M | 6% |
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% |
