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United Natural Foods Inc (UNFI) stock

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NYSE: UNFI NYSE Food Distributors Next results ~December 1, 2026

D Fundamentals grade

United Natural Foods Inc is a US-listed company in the food distributors industry. Its financial year ends in July.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 79% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 79% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

United Natural Foods Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 4 selling2 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds181 adding, 154 cuttingOf 51 active managers that changed their stake, 21 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter United Natural Foods files

Where United Natural Foods stands after its latest 10-K

Revenue for the twelve months to August 2026 was $31.2bn, down 2.0% on a year earlier, a smaller fall than the 3.2% decline a quarter earlier. Free-cash-flow margin held at 1.0%. The diluted share count is up 4.3% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 4 of our 7 financial-health checks.

Our model value for United Natural Foods is under review, so past values are not shown until it is resolved.

Source: 10-K filed September 14, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~December 1, 2026 (estimated)

United Natural Foods Inc's trailing-twelve-month revenue fell 2.0% year on year, with a free-cash-flow margin of 1.0%. Where it stands out: change in growth rate of +1.2pp ranks 2 of 7 food distributors companies we cover. Where it lags: revenue growth of -2.0% ranks 7 of 7 food distributors companies we cover.

Our discounted-cash-flow model values the business at ~$36 per share in the base case (~$20–$56 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 12% in the quarter to 2026-07-31, the 3rd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 5.8% over 90 days.

Things to watch

  • Revenue shrinking. Revenue fell 2.0% over the last 12 months.
  • Share dilution. Diluted shares rose 4.3% in a year.
  • Short interest rising. Shares sold short rose 21% in a month to 8.0% of tradable shares.

Latest results: FY2026 Q4

Filed September 14, 2026
Earnings per share
$0.69 against an average estimate of $0.62: beat by 11.9%
Revenue
$7.64bn, down 0.7% on a year earlier
Share reaction
+1.5% in the first session after the results on September 8, 2026, against -1.0% for the S&P 500
Next report
December 1, 2026; average EPS estimate $0.67

United Natural Foods' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.0%
  • 1 week-3.0%
  • 1 month+2.7%
  • This year+39.0%
  • 1 year+24.3%
  • 5 years-2.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$31.2B
Operating margin
0.7%
Net margin
0.3%
EPS (TTM, diluted)
$1.34

Growth

Revenue growth
−2.0%
Change in growth rate
+1.2 pts
Share count change
+4.3%

Cash

Free cash flow (TTM)
$323M
FCF margin
1.0%
Stock pay % of revenue
0.2%

Earnings

Last results
September 8, 2026
Next results (est.)
December 1, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Announcement
  4. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

United Natural Foods Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 79% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value United Natural Foods Inc as an operating company, with every model that fits that kind of business. Cost of equity 8.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.83 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$7.0 ~$3.9–$12 Left out: out of range vs price (0.15x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare United Natural Foods Inc with Food Distributors in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$49.98$37.88$32.51$8.42$19.85$33.12$42.51$20.72$14.60$27.01$50.83
Market value$2.5bn$1.9bn$1.7bn$431m$1.1bn$2.0bn$2.6bn$1.3bn$866m$1.6bn$3.2bn
+ Net debt (− = net cash)$420m$220m$298m$3.1bn$2.6bn$2.3bn$2.1bn$2.0bn$2.1bn$1.8bn$1.5bn
Enterprise value$2.9bn$2.1bn$2.0bn$3.5bn$3.7bn$4.2bn$4.7bn$3.2bn$2.9bn$3.5bn$4.7bn
Multiples
Price / sales 0.3x0.2x0.2x0.0x0.0x0.1x0.1x0.0x0.0x0.1x0.1x
Price / earnings 20.0x14.8x10.2x——13.3x10.5x52.4x——38.0x
Price / free cash flow 9.9x8.9x25.7x7.6x3.8x6.5x32.4x4.2x—6.8x9.9x
EV / EBITDA 10.0x6.9x6.3x67.3x41.4x7.3x6.7x7.6x9.0x11.9x9.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

32 /100

Weak moat

How hard United Natural Foods's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 0.8% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 14.5%, moving by 0.7 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 0.5%; its worst year was -0.9%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 9 of 10 years, at a median 0.9% of revenue.

  • Discipline 15 / 20

    The diluted share count rose 4.7% over five years; stock-based pay has been a median 0.1% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: December 1, 2026, before the open. Analysts expect revenue of $7.8bn and EPS of $0.67 (range $0.62 to $0.73) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.35 +26% $31.5bn +1%
Next $4.06 +21% $32.3bn +2%

Next year's EPS estimate has moved +5.8% in 90 days, across 8 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jul 2026 $0.62 $0.69 +11.9%
Apr 2026 $0.77 $0.77 −0.2%
Jan 2026 $0.51 $0.62 +22.7%
Oct 2025 $0.40 $0.56 +40.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

10 analysts, Oct 2026
Buy330%
Hold770%
Sell00%

Monthly trend

  1. Oct 20263710
  2. Sep 20263710
  3. Aug 20263710
  4. Jul 20263710

Counts of recommendations published by analysts covering United Natural Foods Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
8.0%
of tradable shares
Days to cover
4.55
at average volume
Short interest, 1 month
+21%
to September 30, 2026
Held by institutions
100%
of shares
Held by insiders
3.3%
of shares
Employees
23,431
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +24.3%

$37.65 on October 31, 2025 to $46.80

ThenNowEffect
Revenue (last 12 months) $31.8bn $31.2bn −2.0%
P/S multiple 0.1x 0.1x +32.3%
Share count 60m 63m −4.1%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years +197.9%

$15.71 on November 3, 2023 to $46.80

ThenNowEffect
Revenue (last 12 months) $30.3bn $31.2bn +2.9%
Net margin 0.1% 0.3% +240.1%
P/E multiple 39.7x 35.0x −11.9%
Share count 61m 63m −3.3%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
UNFI+207%−21%−58%+68%+23%+39%
Industry peers (median)+10%−1%+13%+15%+3%+15%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
UNFI58%58%42%67%58%82%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
UNFI−24%−32%−70%−48%−38%−22%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 90% from December 4, 2017 to March 12, 2020. Getting back needed a 867% gain, reached on December 8, 2021, 636 days after the low.

Price behaviour

52-week range
$31.42 – $55.52
From 52-week high
−15.7%
vs 50-day average
+2.1%
vs 200-day average
+2.3%
Volatility (1 year)
42%
Beta vs S&P 500
0.40

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±12.3%
After a week
8 up, 4 down
typical move ±10.8%
After a month
5 up, 7 down
typical move ±11.2%
Results releasedNext dayS&P 500 next day5 days21 days
September 8, 2026 +1.5% −1.0% +2.0% −0.8%
June 9, 2026 −2.0% −1.9% −4.1% −5.4%
March 10, 2026 +4.9% −0.3% +3.4% +22.1%
December 2, 2025 −3.0% +0.5% +0.3% −2.7%
September 30, 2025 +24.5% +0.7% +32.5% +20.6%
June 10, 2025 −14.7% +0.3% −16.8% −8.2%
March 11, 2025 +6.2% −0.3% +1.2% −2.5%
December 10, 2024 +13.8% +0.5% +14.0% +12.2%
October 1, 2024 +25.4% −0.9% +18.0% +22.9%
June 5, 2024 +28.0% +1.2% +13.8% +2.1%
March 6, 2024 −19.6% +1.5% −18.4% −29.9%
December 6, 2023 −3.6% +0.4% −5.6% −5.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

United Natural Foods Inc in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) United Natural Foods Inc
$30B $31B $32B $33B FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue (TTM), FY24 Q1: $30.3B Revenue (TTM), FY24 Q2: $30.3B Revenue (TTM), FY24 Q3: $30.2B Revenue (TTM), FY24 Q4: $31B Revenue (TTM), FY25 Q1: $31.3B Revenue (TTM), FY25 Q2: $31.7B Revenue (TTM), FY25 Q3: $32.2B Revenue (TTM), FY25 Q4: $31.8B Revenue (TTM), FY26 Q1: $31.8B Revenue (TTM), FY26 Q2: $31.5B Revenue (TTM), FY26 Q3: $31.2B Revenue (TTM), FY26 Q4: $31.2B $31.2B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY24 Q1 $30.3B
FY24 Q2 $30.3B
FY24 Q3 $30.2B
FY24 Q4 $31B
FY25 Q1 $31.3B
FY25 Q2 $31.7B
FY25 Q3 $32.2B
FY25 Q4 $31.8B
FY26 Q1 $31.8B
FY26 Q2 $31.5B
FY26 Q3 $31.2B
FY26 Q4 $31.2B
Revenue growth, TTM YoY United Natural Foods Inc
-5% 0% 5% 10% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue growth, TTM YoY, FY24 Q1: 2.8% Revenue growth, TTM YoY, FY24 Q2: 1.3% Revenue growth, TTM YoY, FY24 Q3: 0.4% Revenue growth, TTM YoY, FY24 Q4: 2.3% Revenue growth, TTM YoY, FY25 Q1: 3.3% Revenue growth, TTM YoY, FY25 Q2: 4.7% Revenue growth, TTM YoY, FY25 Q3: 6.6% Revenue growth, TTM YoY, FY25 Q4: 2.6% Revenue growth, TTM YoY, FY26 Q1: 1.5% Revenue growth, TTM YoY, FY26 Q2: -0.4% Revenue growth, TTM YoY, FY26 Q3: -3.2% Revenue growth, TTM YoY, FY26 Q4: -2.0% -2.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 2.8%
FY24 Q2 1.3%
FY24 Q3 0.4%
FY24 Q4 2.3%
FY25 Q1 3.3%
FY25 Q2 4.7%
FY25 Q3 6.6%
FY25 Q4 2.6%
FY26 Q1 1.5%
FY26 Q2 -0.4%
FY26 Q3 -3.2%
FY26 Q4 -2.0%
Operating margin (TTM) United Natural Foods Inc
-0.5% 0% 0.5% 1% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Operating margin (TTM), FY24 Q1: 0.0% Operating margin (TTM), FY24 Q2: -0.1% Operating margin (TTM), FY24 Q3: -0.2% Operating margin (TTM), FY24 Q4: 0.0% Operating margin (TTM), FY25 Q1: 0.1% Operating margin (TTM), FY25 Q2: 0.1% Operating margin (TTM), FY25 Q3: 0.2% Operating margin (TTM), FY25 Q4: -0.1% Operating margin (TTM), FY26 Q1: -0.1% Operating margin (TTM), FY26 Q2: 0.0% Operating margin (TTM), FY26 Q3: 0.2% Operating margin (TTM), FY26 Q4: 0.7% 0.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q1 0.0%
FY24 Q2 -0.1%
FY24 Q3 -0.2%
FY24 Q4 0.0%
FY25 Q1 0.1%
FY25 Q2 0.1%
FY25 Q3 0.2%
FY25 Q4 -0.1%
FY26 Q1 -0.1%
FY26 Q2 0.0%
FY26 Q3 0.2%
FY26 Q4 0.7%
FCF margin (TTM) United Natural Foods Inc
-0.5% 0% 0.5% 1% 1.5% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 FCF margin (TTM), FY24 Q1: 1.0% FCF margin (TTM), FY24 Q2: -0.1% FCF margin (TTM), FY24 Q3: -0.2% FCF margin (TTM), FY24 Q4: -0.3% FCF margin (TTM), FY25 Q1: 0.2% FCF margin (TTM), FY25 Q2: 0.5% FCF margin (TTM), FY25 Q3: 0.7% FCF margin (TTM), FY25 Q4: 0.8% FCF margin (TTM), FY26 Q1: 1.1% FCF margin (TTM), FY26 Q2: 1.2% FCF margin (TTM), FY26 Q3: 1.1% FCF margin (TTM), FY26 Q4: 1.0% 1.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q1 1.0%
FY24 Q2 -0.1%
FY24 Q3 -0.2%
FY24 Q4 -0.3%
FY25 Q1 0.2%
FY25 Q2 0.5%
FY25 Q3 0.7%
FY25 Q4 0.8%
FY26 Q1 1.1%
FY26 Q2 1.2%
FY26 Q3 1.1%
FY26 Q4 1.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Jul 2010 2011 Jul 2011 2012 Jul 2012 2013 Aug 2013 2014 Aug 2014 2015 Aug 2015 2016 Jul 2016 2017 Jul 2017 2018 Jul 2018 2019 Aug 2019 2020 Aug 2020 2021 Jul 2021 2022 Jul 2022 2023 Jul 2023 2024 Aug 2024 2025 Aug 2025 2026 Aug 2026
Income
Revenue 3.8 4.5 5.2 6.1 6.8 8.2 8.5 9.3 10.2 22.3 26.6 27.0 28.9 30.3 31.0 31.8 31.2
Gross profit 0.7 0.8 0.9 1.0 1.1 1.3 1.3 1.4 1.5 3.2 3.9 3.9 4.2 4.1 4.2 4.2 4.2
EBITDA 0.1 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.1 0.1 0.6 0.7 0.4 0.3 0.3 0.5
Operating income 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 −0.2 −0.2 0.3 0.4 0.1 0.0 −0.0 0.2
Net income 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 −0.3 −0.3 0.1 0.2 0.0 −0.1 −0.1 0.1
Diluted EPS $1.57 $1.60 $1.86 $2.18 — — — $2.56 $3.20 −$5.56 −$5.10 $2.48 $4.07 $0.40 −$1.89 −$1.95 $1.34
Growth (year on year)
Revenue +8.7% +20.6% +15.6% +15.8% +12.0% +20.5% +3.5% +9.5% +10.3% +118.5% +18.9% +1.5% +7.3% +4.6% +2.3% +2.6% −2.0%
EBITDA +4.0% +15.9% +18.0% +17.0% +13.9% +17.8% −3.5% +5.7% +0.0% −83.3% — — +22.3% −40.1% — — —
Operating income +4.5% +12.9% +19.6% +19.6% +13.6% +14.8% −7.4% +0.9% −0.7% −187.3% — — — — — — —
Margins
Gross margin 18.5% 18.2% 17.5% 16.9% 16.6% 15.4% 15.1% 15.4% 14.9% 14.4% 14.6% 14.6% 14.5% 13.6% 13.6% 13.3% 13.5%
EBITDA margin 3.8% 3.6% 3.7% 3.8% 3.8% 3.7% 3.5% 3.4% 3.1% 0.2% 0.3% 2.1% 2.4% 1.4% 1.1% 0.9% 1.6%
Operating margin 3.1% 2.9% 3.0% 3.1% 3.1% 3.0% 2.6% 2.4% 2.2% −0.9% −0.7% 1.1% 1.5% 0.4% 0.0% −0.1% 0.7%
Net margin 1.8% 1.7% 1.7% 1.8% 1.8% 1.7% 1.5% 1.4% 1.6% −1.3% −1.0% 0.6% 0.9% 0.1% −0.4% −0.4% 0.3%
Free-cash-flow margin 0.3% 0.2% 0.7% −0.4% −1.2% −1.0% 3.0% 2.3% 0.6% 0.3% 1.1% 1.1% 0.3% 1.0% −0.3% 0.8% 1.0%
Cash flow
Cash from operations 0.1 0.0 0.1 0.0 0.1 0.0 0.3 0.3 0.1 0.3 0.5 0.6 0.3 0.6 0.3 0.5 0.5
Capital spending 0.1 0.0 0.0 0.1 0.1 0.1 0.0 0.1 0.0 0.2 0.2 0.3 0.3 0.3 0.3 0.2 0.2
Free cash flow 0.0 0.0 0.0 −0.0 −0.1 −0.1 0.3 0.2 0.1 0.1 0.3 0.3 0.1 0.3 −0.1 0.2 0.3
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1
Free cash flow after stock pay 0.0 −0.0 0.0 −0.0 −0.1 −0.1 0.2 0.2 0.0 0.0 0.3 0.3 0.0 0.3 −0.1 0.2 0.3
Balance sheet
Cash 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Total debt 0.3 0.2 0.2 0.3 0.8 0.7 0.4 0.2 0.3 3.1 2.7 2.3 2.2 2.0 2.1 1.9 1.6
Net debt (negative = net cash) 0.3 0.1 0.2 0.3 0.8 0.7 0.4 0.2 0.3 3.1 2.6 2.3 2.1 2.0 2.1 1.8 1.5
Diluted shares 43m 48m 49m 50m 50m 50m 50m 51m 51m 51m 54m 60m 61m 61m 59m 60m 63m
Returned to shareholders
Buybacks — — — — — — 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.1
Total returned — — — — — — 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.1

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 7 checks passed · August 1, 2026
What it owns · $7.1bn
Short-term assets $3.1bnLonger-term assets $4.0bn
What it owes, and who funded it · $7.1bn
Short-term liabilities $2.4bnLonger-term liabilities $3.0bnShareholders' equity $1.6bn
  • Short-term assets cover short-term liabilities $3.1bn of assets due within a year against $2.4bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $3.1bn short-term assets against $3.0bn of longer-dated liabilities.
  • More cash than debt $37m of cash against $1.6bn of debt.
  • Debt below 40% of shareholders' equity Debt is 96% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 137% to 96% over five years.
  • A year's operating cash flow covers at least 20% of debt $540m of operating cash flow against $1.6bn of debt.
  • Operating profit covers interest at least five times over Operating income of $211m against $126m of interest.

From United Natural Foods Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Buybacks, last 3 fiscal years
$50M
Diluted share count
+4.3%
year over year
Days sales outstanding
10 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in food distributors
Last 12 months unless stated UNFI USFD PFGC SYY CHEF DIT Median
Revenue, last 12 months $31.2bn $40.1bn $67.8bn $84.6bn $4.5bn $3.0bn $31.2bn
Revenue growth, last 12 months −2.0% 3.8% 7.2% 3.9% 11.5% 7.5% 3.9%
Revenue growth, 3-year average 1.0% 4.7% 5.8% 3.5% 11.2% 6.7% 4.7%
Revenue growth, latest quarter −0.7% 4.5% 6.4% 4.7% 11.2% 12.9% 4.7%
Gross margin 13.5% 17.6% 11.9% 18.5% 24.7% 6.3% 16.6%
Operating margin 0.7% 3.1% 1.3% 3.7% 4.1% 0.4% 1.3%
Operating margin, 3-year average 0.2% 3.0% 1.3% 3.8% 3.7% 0.6% 1.3%
Net margin 0.3% 1.8% 0.5% 2.1% 2.3% 0.1% 0.5%
Cash from operations / revenue 1.7% 3.4% 2.1% 3.1% 4.8% 0.5% 2.3%
Free-cash-flow margin 1.0% 2.4% 1.5% 2.3% 4.0% 0.1% 1.5%
Free-cash-flow margin, 3-year average 0.5% 2.3% 1.3% 2.3% 2.6% 0.5% 1.3%
Stock pay / revenue 0.2% 0.2% 0.0% 0.1% 0.6% 0.1% 0.1%
Change in share count 4.3% −5.3% 0.4% −1.9% −3.6% 1.5% 0.4%

Median of all 7 companies we cover in food distributors. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

7 food distributors companies
Measure Company Peer median Rank
Revenue growth Growth -2.0% 3.9% 7 of 7
Change in growth rate Growth +1.2pp +0.4pp 2 of 7
Gross margin Profitability 13.5% 16.6% 5 of 7
Operating margin Profitability 0.7% 1.3% 5 of 7
Net margin Profitability 0.3% 0.5% 5 of 7
Free-cash-flow margin Cash generation 1.0% 1.5% 5 of 7
Stock pay as % of revenue Cash generation 0.2% 0.1% 5 of 7
Long-term debt as % of assets Balance sheet 22.0% 26.6% 3 of 7
Change in share count Balance sheet 4.3% 0.4% 7 of 7
Days sales outstanding Balance sheet 10 days 16 days 2 of 5

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to August 1, 2026
Segments
Line of business Revenue Share YoY
Natural $17.1B 54.9% ▲ 7.0%
Conventional $11.9B 38.2% ▼ 11.7%
Retail $2.2B 6.9% ▼ 7.9%

From United Natural Foods Inc's 10-K filed September 14, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.6B
Institutions reporting
359
Shares held vs prior quarter
▼ 0.4%
Positions opened / closed
44 / 39

Top buyers and sellers, Q2 2026: 181 institutions bought and 154 sold ; the biggest buyer was Wellington Management Group LLP (+712K shares) and the biggest seller Marshall Wace, LLP (−532K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $478M 10.5M 18.3% ▲ 0.5%
Vanguard Portfolio Management LLC $204M 4.5M 7.8% ▲ 2.8%
American Century Companies Inc $177M 3.9M 6.8% ▲ 16.0%
Dimensional Fund Advisors LP $161M 3.5M 6.2% ▲ 0.7%
Vanguard Capital Management LLC $118M 2.6M 4.5% ▲ 0.5%
State Street Corp $112M 2.5M 4.3% ▲ 3.4%
Geode Capital Management, LLC $80M 1.8M 3.1% ▲ 18.6%
SG Americas Securities, LLC $74.5M 1.6M 2.9% ▼ 5.8%
Wellington Management Group LLP $70.5M 1.5M 2.7% ▲ 85.7%
D. E. Shaw & Co., Inc. $70.4M 1.5M 2.7% ▼ 2.8%
Nuveen, LLC $61.3M 1.3M 2.4% ▲ 1.2%
Invesco Ltd. $55.7M 1.2M 2.1% ▼ 12.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not United Natural Foods Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $573,000 2 trades by 1 insider, last 12 months Insider sales History → $1.2M 4 trades by 4 insiders · 20% under pre-set plans
Net ▼ $660,768 net selling
Insider Date Trade Shares Price Value
Bushway Mark President, Natural & CSCO June 23, 2026 Sell 10,000 $51.56 $515,600
Benedict Danielle Chief Human Resources Officer May 6, 2026 Sell pre-set plan 4,807 $52.00 $249,964
Pappas James C Director January 5, 2026 Buy 2,000 $33.30 $66,600
Pappas James C Director January 2, 2026 Buy 15,000 $33.76 $506,400
Martin Louis Anthony President, Conventional & CCO December 22, 2025 Sell 9,439 $34.67 $327,250
Esper Richard Eric Chief Accounting Officer December 18, 2025 Sell 4,261 $33.08 $140,954

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 5 trades and filings

No trades in United Natural Foods Inc disclosed in the last 12 months; 5 earlier trades on record.

  • Greg Gianforte(MT):Sale (full), $50,001 - $100,000, traded July 27, 2018, filed July 30, 2018
  • Lois Frankel(D-FL 21):Sale (full), $1,001 - $15,000, traded May 4, 2017, filed May 31, 2017
  • Lois Frankel(D-FL 22):Purchase, $1,001 - $15,000, traded March 18, 2016, filed April 27, 2016

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around December 1, 2026 estimated from the company's past filing pattern, not announced

  • September 8, 2026
  • June 9, 2026
  • March 10, 2026
  • December 2, 2025
  • September 30, 2025
  • June 10, 2025

Recent SEC filings

Data status

When each part of this page on United Natural Foods Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

United Natural Foods Inc in brief

What does United Natural Foods Inc do?
United Natural Foods Inc is a US-listed company in the food distributors industry. Its financial year ends in July.
What is United Natural Foods Inc's stock ticker?
United Natural Foods Inc trades under the ticker UNFI on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is United Natural Foods Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, United Natural Foods Inc reported revenue of $31.2B, 2.0% lower than a year earlier, according to its SEC filings.
What is United Natural Foods Inc's free cash flow?
United Natural Foods Inc's free-cash-flow margin is 1.0% of revenue over the trailing twelve months, ranking 5 of the 7 food distributors companies we cover.
Who are United Natural Foods Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and American Century Companies Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is United Natural Foods Inc's market cap?
On July 31, 2026, United Natural Foods Inc's market capitalisation was about $3.2B, with a price-to-earnings ratio of 38.0 and net debt of $1.5B. Market figures come from third-party market data and may be delayed.
How much debt does United Natural Foods Inc have?
United Natural Foods Inc's debt-to-equity ratio is 96.4%, from its latest balance sheet (137.1% five years earlier). The financial health section below sets out its other solvency checks.
Who are United Natural Foods Inc's competitors?
In our Food Distributors peer group, the companies closest to United Natural Foods Inc are US Foods Holding Corp., Performance Food Group Co, Sysco, Chefs' Warehouse, Inc. and Amcon Distributing Co. The side-by-side comparison below sets their revenue, margins and growth against United Natural Foods Inc's.
Are insiders buying or selling United Natural Foods Inc stock?
Over the last 12 months, United Natural Foods Inc's directors and officers reported 2 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is United Natural Foods Inc's next earnings date?
Around December 1, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — United Natural Foods Inc announces its own schedule.