United Natural Foods (UNFI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

United Natural Foods

NYSE•Consumer Defensive•Food Distribution

$46.30+1.49(0.03%)Pre-market

Market Cap

$2.80B

P/E

33.3x

P/S

0.1x

P/B

1.7x

United Natural Foods, Inc., together with its subsidiaries, engages in the distribution of natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in three segments: Natural, Wholesale, and Retail. The company distributes grocery and general merchandise, perishables, frozen food, wellness and personal care items, bulk and foodservice, home, health and beauty care, pharmacy, pet food, produce, meat, dairy, and organic/non-GMO products under the ESSENTIAL EVERYDAY, SHOPPERS VALUE, WILD HARVEST, Field Day, STONE RIDGE CREAMERY, EQUALINE, CULINARY CIRCLE, and WOODSTOCK brands. It also engages in the manufacture of natural and organic snack food; importing, roasting, packaging, and distributing of nuts, dried fruit, seeds, trail mixes, granola, natural and organic snack items, and confections under the Woodstock Farms Manufacturing brand; and operation of grocery and liquor stores under the Cub Foods and Shoppers brands. In addition, the company provides shelf and planogram management, retail store support, pricing strategy, shelf tags, electronic payments and coupon processing, store layout and design, equipment sourcing and procurement, point-of-sale hardware and software, network and data hosting solutions, consumer convenience services, automation tools, sustainability services, and administrative back-office solutions; consumer and trade marketing programs; and programs to support suppliers in understanding its markets. Further, it offers web and digital marketing services, such as websites, digital coupon and loyalty programs, mobile applications, e-commerce, and circular programs; and various supply chain, digital, and professional services. It serves grocery chains, retailers, and wholesale customers. United Natural Foods, Inc. was founded in 1976 and is headquartered in Providence, Rhode Island.

How this company scores

GoodMetricSide Score: 67/100

Strongest: Cash & Earnings Quality (23/25); weakest: Growth (13/25).

Profitability15/25

Growth13/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowRising earningsCash-backed earningsProfit converts from growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 33.3x5y range 9.4x – 50.8x

Currently above its 9-quarter median.

P/S · 0.1x5y range 0.0x – 0.1x

Currently above its 20-quarter median.

P/B · 1.7x5y range 0.3x – 1.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $2.80B

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $31.15B
Q. Revenue: $7.64B
TTM EBITDA: $514.00M
TTM Op. Income: $211.00M
Q. Op. Income: $69.00M
TTM Net Income: $84.00M
Q. Net Income: $35.00M
EPS: $0.579
Shares Out.: $60.40M

$31.15B in TTM revenue declined 2.0% YoY, reaching $7.64B last quarter. TTM EBITDA of $514.00M and TTM operating income of $211.00M show growth is flowing through to the bottom line. TTM net income of $84.00M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 5 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 13.7%
EBITDA Margin: 1.9%
Op. Margin: 0.9%
Net Margin: 0.5%

Op. margin of 0.9% is up 1.9% YoY — cost efficiency is improving. Net margin at 0.5% and gross margin of 13.7% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 4 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 33.3x
P/S Ratio: 0.1x
P/B Ratio: 1.7x

At 33.3x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 0.1x and P/B of 1.7x provide additional context. P/E sits above typical market levels while revenue growth is below 5%.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $7.11B
Cash: $37.00M
Long-Term Debt: $1.56B
Book Value: $1.62B
D/E Ratio: 1.0
Debt/EBITDA: 10.6

With $7.11B in assets and $1.56B in long-term debt, D/E is 1.0and book value is $1.62B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 3 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $197.00M
TTM Free Cash Flow: $323.00M
FCF Margin: 1.0%
FCF / Net Income: 3.8

TTM FCF of $323.00M on $197.00M in operating cash flow. The FCF / Net Income ratio of 3.8x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.