US Foods Holding (USFD) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Nov 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the USFD SEC filings page.
US Foods Holding Corp. (USFD) reported $40.3B in revenue over the twelve months to Sep 26, 2026, up 3.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
US Foods converts modest margin gains into cash, while rising debt and shrinking equity shape its financing story.
The margin conversion from FY2023 to FY2025 was meaningful: revenue increased10.8% , while operating income grew17.9% , indicating that more of each additional sales dollar reached operations. FY2025 operating cash flow of$1.37B exceeded net income of$676M , so reported earnings were accompanied by substantial cash generation rather than depending mainly on accruals.
Gross margin rose from
Liabilities reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of US Foods Holding Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
US Foods Holding Corp. has an operating margin of 3.0%, meaning the company retains $3 of operating profit per $100 of revenue. This results in a moderate score of 49/100, indicating healthy but not exceptional operating efficiency. This is up from 2.9% the prior year.
US Foods Holding Corp.'s revenue grew a modest 4.1% year-over-year to $39.4B. This slow but positive growth earns a score of 50/100.
US Foods Holding Corp. has elevated debt relative to equity (D/E of 1.18), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 20/100, reflecting increased financial risk.
US Foods Holding Corp.'s current ratio of 1.16 is below the typical benchmark, resulting in a score of 28/100. This tight liquidity could limit financial flexibility if cash inflows slow.
US Foods Holding Corp. has a free cash flow margin of 2.4%, earning a moderate score of 35/100. The company generates positive cash flow after capital investments, but with room for improvement.
US Foods Holding Corp. earns a strong 15.7% return on equity (ROE), meaning it generates $16 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 69/100. This is up from 10.9% the prior year.
US Foods Holding Corp. scores 4.88, well above the 2.99 safe threshold. The largest contribution to the score comes from revenue of $39.4B against total assets of $13.9B. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
US Foods Holding Corp. passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, US Foods Holding Corp. generates $2.03 in operating cash flow ($1.4B OCF vs $676.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
US Foods Holding Corp. earns $3.93 in operating income for every $1 of interest expense ($1.2B vs $305.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
US Foods Holding Corp. generated $10.4B in revenue in Q3 2026. This represents an increase of 2.1% from the same quarter a year earlier. Against the prior quarter it is down 1.2%.
US Foods Holding Corp.'s EBITDA was $494.0M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 23.5% from the same quarter a year earlier. Against the prior quarter it is down 11.9%.
US Foods Holding Corp. reported $218.0M in net income in Q3 2026. This represents an increase of 42.5% from the same quarter a year earlier. Against the prior quarter it is down 20.7%.
US Foods Holding Corp. earned $1.00 per diluted share (EPS) in Q3 2026. This represents an increase of 49.3% from the same quarter a year earlier. Against the prior quarter it is down 19.4%.
Cash & Balance Sheet
US Foods Holding Corp. generated $343.0M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 45.3% from the same quarter a year earlier. Against the prior quarter it is down 3.4%.
US Foods Holding Corp. held $54.0M in cash against $5.0B in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Margins & Returns
US Foods Holding Corp.'s gross margin was 18.3% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.
US Foods Holding Corp.'s operating margin was 3.6% in Q3 2026, reflecting core business profitability. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.
US Foods Holding Corp.'s net profit margin was 2.1% in Q3 2026, showing the share of revenue converted to profit. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.
US Foods Holding Corp.'s quarterly ROE was 5.0% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.4 percentage points.
Capital Allocation
US Foods Holding Corp. spent $190.0M on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 42.8% from the same quarter a year earlier. Against the prior quarter it is down 48.6%.
US Foods Holding Corp. invested $92.0M in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 20.0% from the same quarter a year earlier. Against the prior quarter it is up 21.1%.
Not reported for Q3 2026.
USFD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.4B+2.1% | $10.5B+4.5% | $9.6B+2.8% | $9.8B+3.3% | $10.2B+4.8% | $10.1B+3.8% | $9.4B+4.5% | $9.5B+6.2% |
| Cost of Revenue | $8.5B+0.7% | $8.6B+3.7% | $8.0B+2.8% | $8.1B+3.3% | $8.4B+4.7% | $8.3B+3.8% | $7.7B+3.8% | $7.8B+6.5% |
| Gross Profit | $1.9B+8.6% | $1.9B+8.0% | $1.7B+2.4% | $1.7B+3.2% | $1.8B+5.2% | $1.8B+4.2% | $1.6B+8.0% | $1.7B+4.8% |
| SG&A Expenses | $1.5B+2.8% | $1.5B+5.3% | $1.4B+3.2% | $1.4B+1.8% | $1.5B+5.7% | $1.4B+3.6% | $1.4B+5.2% | $1.4B+4.9% |
| Operating Income | $371.0M+31.6% | $443.0M+19.1% | $216.0M-3.6% | $321.0M+6.3% | $282.0M+1.1% | $372.0M+5.4% | $224.0M+35.8% | $302.0M+8.6% |
| EBITDA | $494.0M+23.5% | $561.0M+15.2% | $335.0M-0.3% | $438.0M+6.1% | $400.0M+1.8% | $487.0M+5.6% | $336.0M+24.4% | $413.0M+7.8% |
| Interest Expense | $78.0M+2.6% | $77.0M+4.1% | $75.0M-2.6% | $78.0M-2.5% | $76.0M+1.3% | $74.0M-8.6% | $77.0M-2.5% | $80.0M0.0% |
| Income Tax | $75.0M+41.5% | $94.0M+23.7% | $26.0M-21.2% | $60.0M+185.7% | $53.0M0.0% | $76.0M+7.0% | $33.0M+560.0% | $21.0M-60.4% |
| Net Income | $218.0M+42.5% | $275.0M+22.8% | $116.0M+0.9% | $184.0M+178.8% | $153.0M+3.4% | $224.0M+13.1% | $115.0M+40.2% | $66.0M-55.1% |
| EPS (Basic) | $1.01+48.5% | $1.26+29.9% | $0.53+6.0% | $0.83+176.7% | $0.68+11.5% | $0.97+19.8% | $0.50+51.5% | $0.30-50.0% |
| EPS (Diluted) | $1.00+49.3% | $1.24+29.2% | $0.52+6.1% | $0.82+192.9% | $0.67+9.8% | $0.96+20.0% | $0.49+48.5% | $0.28-52.5% |
| Diluted Shares (Avg) | 218M-4.7% | 221M-5.2% | 223M-4.7% | N/A | 228M-6.4% | 233M-6.0% | 234M-5.6% | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
USFD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $14.4B+2.3% | $14.3B+4.0% | $14.2B+3.8% | $13.9B+3.8% | $14.0B+4.2% | $13.8B+0.6% | $13.7B+1.9% | $13.4B+1.9% |
| Current Assets | $4.5B+2.7% | $4.4B+7.0% | $4.4B+6.6% | $4.2B+4.8% | $4.4B+6.0% | $4.2B-4.1% | $4.1B-3.4% | $4.0B-1.4% |
| Cash & Equivalents | $54.0M-3.6% | $56.0M-8.2% | $49.0M-51.5% | $41.0M-30.5% | $56.0M-30.9% | $61.0M-84.9% | $101.0M-62.2% | $59.0M-78.1% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $1.7B+2.1% | $1.7B+8.2% | $1.7B+10.5% | $1.7B+5.2% | $1.7B+4.8% | $1.6B-1.2% | $1.5B-6.3% | $1.6B+1.6% |
| Accounts Receivable | $2.2B+2.6% | $2.2B+5.9% | $2.2B+4.4% | $2.0B+3.5% | $2.2B+6.2% | $2.1B+6.5% | $2.1B+5.7% | $2.0B+5.6% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $5.8B+0.5% | $5.8B+0.5% | $5.8B+0.5% | $5.8B+0.5% | $5.8B-0.2% | $5.8B-0.2% | $5.8B+1.2% | $5.8B+1.2% |
| Total Liabilities | $10.0B+4.8% | $10.1B+9.7% | $9.8B+8.8% | $9.6B+8.2% | $9.6B+7.9% | $9.2B+5.4% | $9.0B+5.5% | $8.9B+5.6% |
| Current Liabilities | $4.0B+6.3% | $3.9B+9.9% | $3.8B+9.4% | $3.6B+9.0% | $3.8B+9.7% | $3.6B+5.7% | $3.5B+7.8% | $3.3B+5.9% |
| Non-Current Liabilities | $6.0B+3.8% | $6.1B+9.7% | $6.0B+8.5% | $6.0B+7.7% | $5.8B+6.8% | $5.6B+5.2% | $5.5B+4.1% | $5.6B+5.4% |
| Long-Term Debt | $5.0B+2.5% | $5.1B+7.9% | $5.0B+7.2% | $5.1B+5.1% | $4.8B+3.4% | $4.7B+2.7% | $4.7B+2.3% | $4.8B+5.6% |
| Total Equity | $4.3B-3.0% | $4.3B-7.5% | $4.3B-6.1% | $4.3B-4.9% | $4.5B-2.9% | $4.6B-7.7% | $4.6B-4.3% | $4.5B-4.7% |
| Retained Earnings | $3.3B+31.8% | $3.1B+31.1% | $2.8B+32.0% | $2.7B+33.7% | $2.5B+28.8% | $2.3B+30.9% | $2.1B+33.1% | $2.0B+32.7% |
USFD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $435.0M+23.9% | $431.0M+29.0% | $294.0M-24.8% | $293.0M+3.5% | $351.0M+30.0% | $334.0M-30.7% | $391.0M+181.3% | $283.0M+38.0% |
| Depreciation & Amortization | $123.0M+4.2% | $118.0M+2.6% | $119.0M+6.3% | $117.0M+5.4% | $118.0M+3.5% | $115.0M+6.5% | $112.0M+6.7% | $111.0M+5.7% |
| Stock-Based Compensation | N/A | N/A | $22.0M0.0% | N/A | N/A | N/A | $22.0M+46.7% | N/A |
| Capital Expenditures | $92.0M-20.0% | $76.0M-1.3% | $98.0M+16.7% | $134.0M+27.6% | $115.0M+43.8% | $77.0M+11.6% | $84.0M-3.4% | $105.0M-26.1% |
| Free Cash Flow | $343.0M+45.3% | $355.0M+38.1% | $196.0M-36.2% | $159.0M-10.7% | $236.0M+24.2% | $257.0M-37.8% | $307.0M+490.4% | $178.0M+182.5% |
| Investing Cash Flow | -$89.0Mn/m | -$78.0Mn/m | -$97.0Mn/m | -$178.0Mn/m | -$114.0Mn/m | -$75.0Mn/m | -$130.0Mn/m | -$105.0Mn/m |
| Financing Cash Flow | -$348.0Mn/m | -$346.0Mn/m | -$189.0Mn/m | -$130.0Mn/m | -$242.0Mn/m | -$299.0Mn/m | -$219.0Mn/m | -$199.0Mn/m |
| Share Buybacks | $190.0M-42.8% | $370.0M+49.8% | $75.0M+226.1% | $324.0M+1.3% | $332.0M-42.2% | $247.0M+502.4% | $23.0M+76.9% | $320.0M+392.3% |
Not reported in any period shown, so not listed: Dividends Paid.
USFD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.3%+1.1pp | 18.2%+0.6pp | 17.2%-0.1pp | 17.5%0.0pp | 17.2%+0.1pp | 17.6%+0.1pp | 17.3%+0.6pp | 17.5%-0.2pp |
| Operating Margin | 3.6%+0.8pp | 4.2%+0.5pp | 2.3%-0.2pp | 3.3%+0.1pp | 2.8%-0.1pp | 3.7%+0.1pp | 2.4%+0.6pp | 3.2%+0.1pp |
| Net Margin | 2.1%+0.6pp | 2.6%+0.4pp | 1.2%0.0pp | 1.9%+1.2pp | 1.5%0.0pp | 2.2%+0.2pp | 1.2%+0.3pp | 0.7%-1.0pp |
| Return on Equity | 5.0%+1.6pp | 6.4%+1.6pp | 2.7%+0.2pp | 4.3%+2.8pp | 3.4%+0.2pp | 4.8%+0.9pp | 2.5%+0.8pp | 1.5%-1.6pp |
| Return on Assets | 1.5%+0.4pp | 1.9%+0.3pp | 0.8%0.0pp | 1.3%+0.8pp | 1.1%0.0pp | 1.6%+0.2pp | 0.8%+0.2pp | 0.5%-0.6pp |
| Current Ratio | 1.110.0x | 1.140.0x | 1.140.0x | 1.160.0x | 1.150.0x | 1.17-0.1x | 1.17-0.1x | 1.21-0.1x |
| Debt-to-Equity | 1.14+0.1x | 1.19+0.2x | 1.16+0.1x | 1.18+0.1x | 1.08+0.1x | 1.02+0.1x | 1.02+0.1x | 1.06+0.1x |
| Liabilities-to-Equity | 2.31+0.2x | 2.35+0.4x | 2.27+0.3x | 2.24+0.3x | 2.14+0.2x | 1.98+0.2x | 1.96+0.2x | 1.97+0.2x |
| Asset Turnover | 0.720.0x | 0.730.0x | 0.680.0x | 0.700.0x | 0.730.0x | 0.730.0x | 0.690.0x | 0.710.0x |
| FCF Margin | 3.3%+1.0pp | 3.4%+0.8pp | 2.0%-1.2pp | 1.6%-0.3pp | 2.3%+0.4pp | 2.5%-1.7pp | 3.3%+2.7pp | 1.9%+1.2pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| US Foods Holding Corp. USFD | FY2025 | $39.4B | $676.0M | 1.7% | $23.3B | 42/100 |
| Performance Food Group Company PFGC | FY2026 | $67.8B | $359.3M | 0.5% | $17.5B | 44/100 |
| Sysco Corporation SYY | FY2026 | $84.6B | $1.8B | 2.1% | $38.0B | 49/100 |
| The Chef's Warehouse Inc CHEF | FY2025 | $4.1B | $72.4M | 1.7% | $4.6B | 48/100 |
| United Natural Foods Inc UNFI | FY2026 | $31.2B | $84.0M | 0.3% | $2.9B | 31/100 |
| Andersons Inc/The ANDE | FY2025 | $11.0B | $95.7M | 0.9% | $1.9B | 42/100 |
Where US Foods Holding Corp. Ranks
Frequently Asked Questions
US Foods Holding Corp. (USFD) reported $39.4B in total revenue for fiscal year 2025. This represents a 4.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
US Foods Holding Corp. (USFD) revenue grew by 4.1% year-over-year, from $37.9B to $39.4B in fiscal year 2025.
Yes, US Foods Holding Corp. (USFD) reported a net income of $793.0M over the trailing 12 months to September 26, 2026. In fiscal year 2025 it reported a net income of $676.0M, with a net profit margin of 1.7%.
US Foods Holding Corp. (USFD) had EBITDA of $1.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, US Foods Holding Corp. (USFD) had $41.0M in cash and equivalents against $5.1B in long-term debt.
US Foods Holding Corp. (USFD) had a gross margin of 17.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
US Foods Holding Corp. (USFD) had an operating margin of 3.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
US Foods Holding Corp. (USFD) had a net profit margin of 1.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
US Foods Holding Corp. (USFD) has a return on equity of 15.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
US Foods Holding Corp. (USFD) generated $959.0M in free cash flow during fiscal year 2025. This represents a 15.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
US Foods Holding Corp. (USFD) generated $1.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
US Foods Holding Corp. (USFD) had $13.9B in total assets as of fiscal year 2025, including both current and long-term assets.
US Foods Holding Corp. (USFD) invested $410.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
US Foods Holding Corp. (USFD) had a current ratio of 1.16 as of fiscal year 2025, which is considered adequate.
US Foods Holding Corp. (USFD) had a debt-to-equity ratio of 1.18 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
US Foods Holding Corp. (USFD) had a liabilities-to-equity ratio of 2.24 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
US Foods Holding Corp. (USFD) had a return on assets of 4.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
US Foods Holding Corp. (USFD) trades at 29.4x earnings, its market capitalization divided by $793.0M net income, trailing 12 months to September 26, 2026. The market capitalization is $23.3B as of Nov 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
US Foods Holding Corp. (USFD) trades at 0.6x sales, its market capitalization divided by $40.3B revenue, trailing 12 months to September 26, 2026. The market capitalization is $23.3B as of Nov 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
US Foods Holding Corp. (USFD) has an Altman Z-Score of 4.88, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
US Foods Holding Corp. (USFD) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
US Foods Holding Corp. (USFD) has an earnings quality ratio of 2.03x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
US Foods Holding Corp. (USFD) has an interest coverage ratio of 3.93x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
US Foods Holding Corp. (USFD) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.