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UNITED NATURAL FOODS INC UNFI

NYSE · stock · Wholesale-Groceries, General Line · website · IPO 1996-11-01 · LEI

UNITED NATURAL FOODS INC statistics & valuation

Market cap$3.0B
P / E35.9×
P / S0.1×
P / B1.9×
P / FCF9.3×
Net margin0.3%
Return on equity5.2%
FCF margin1.0%
Net debt$1.5B
Net debt / EBITDA3×
Enterprise value USD$4.5B
EV / EBITDA8.8×
Earnings yield EBIT/EV4.6%
Return on capital4.5%
Graham number -39.1%$27.91

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($27.91); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
1.40% 1.60% -1.30% -1.00% 0.60% 0.90% 0.10% -0.40% -0.40% 0.30% 2017201820192020202120222023202420252026
Gross margin (%)
15.40% 14.90% 14.40% 14.60% 14.60% 14.50% 13.60% 13.60% 13.30% 13.50% 2017201820192020202120222023202420252026
Operating margin (%)
2.40% 2.20% -0.90% -0.70% 1.10% 1.50% 0.40% 0.00% -0.10% 0.70% 2017201820192020202120222023202420252026
Return on equity (%)
7.70% 8.80% -18.90% -23.90% 9.80% 13.80% 1.40% -6.80% -7.60% 5.20% 2017201820192020202120222023202420252026
Shares outstanding
50.8M 50.8M 52.9M 54.7M 60.0M 61.0M 60.7M 59.5M 60.6M 62.8M 2017201820192020202120222023202420252026
Net debt ($)
$146.6M $285.5M $2.96B $2.53B $2.15B $2.08B $1.93B $2.04B $1.81B $1.52B 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
4.50% 5.50% -4.00% -3.60% 2.00% 3.30% 0.30% -1.50% -1.60% 1.20% 2017201820192020202120222023202420252026
Free cash flow margin (%)
2.30% 0.60% 0.30% 1.10% 1.10% 0.30% 1.00% -0.30% 0.80% 1.00% 2017201820192020202120222023202420252026
Debt / equity (×)
0.10× 0.17× 1.99× 2.25× 1.44× 1.18× 1.13× 1.27× 1.20× 0.96× 2017201820192020202120222023202420252026
EPS ($)
$2.56 $3.20 -$5.56 -$5.10 $2.48 $4.07 $0.40 -$1.89 -$1.95 $1.34 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

UNITED NATURAL FOODS INC trades at about 34.2× earnings — above its 10-year norm (10-year range 10.8×–50.3×, median 27.8×).

10.8× 50.3×

Shaded band = 10-year range (10.8×–50.3×); dot = today's 34.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin13.5%13.3%13.6%13.6%14.5%14.6%14.6%14.4%14.9%15.4%
Operating margin0.7%-0.1%0.0%0.4%1.5%1.1%-0.7%-0.9%2.2%2.4%
Net margin0.3%-0.4%-0.4%0.1%0.9%0.6%-1.0%-1.3%1.6%1.4%
FCF margin1.0%0.8%-0.3%1.0%0.3%1.1%1.1%0.3%0.6%2.3%
Return on assets1.2%-1.6%-1.5%0.3%3.3%2.0%-3.6%-4.0%5.5%4.5%
Return on equity5.2%-7.6%-6.8%1.4%13.8%9.8%-23.9%-18.9%8.8%7.7%
Debt / equity0.96×1.20×1.27×1.13×1.18×1.44×2.25×1.99×0.17×0.10×
Current ratio1.291.321.441.441.571.431.561.692.562.36

Computed from company filings · US · as of 2025-08-02. Facts plus Stocktoria's own computed scores — not investment advice.