United Natural Foods Operating Margin Growth & History (UNFI)
United Natural Foods's operating margin was −0.10% for fiscal 2025.
View full United Natural Foods company overviewUnited Natural Foods annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-08-02 | −0.10% | −0.12 pp |
| 2024 | 2024-08-03 | 0.03% | −0.37 pp |
| 2023 | 2023-07-29 | 0.40% | −1.07 pp |
| 2022 | 2022-07-30 | 1.46% | +0.37 pp |
| 2021 | 2021-07-31 | 1.09% | +1.82 pp |
| 2020 | 2020-08-01 | −0.73% | +0.15 pp |
| 2019 | 2019-08-03 | −0.88% | −3.07 pp |
| 2018 | 2018-07-28 | 2.19% | −0.24 pp |
| 2017 | 2017-07-29 | 2.44% | −0.21 pp |
| 2016 | 2016-07-30 | 2.65% | −0.31 pp |
| 2015 | 2015-08-01 | 2.96% | −0.15 pp |
| 2014 | 2014-08-02 | 3.10% | +0.04 pp |
| 2013 | 2013-08-03 | 3.06% | +0.10 pp |
| 2012 | 2012-07-28 | 2.96% | +0.10 pp |
| 2011 | 2011-07-30 | 2.86% | −0.20 pp |
| 2010 | 2010-07-31 | 3.06% | −0.12 pp |
| 2009 | 2009-08-01 | 3.18% | — |
United Natural Foods quarterly operating margin
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-05-02 | 0.85% | +0.67 pp |
| Q2 2026 | 2026-01-31 | 0.72% | +0.39 pp |
| Q1 2026 | 2025-11-01 | 0.24% | +0.18 pp |
| Q4 2025 | 2025-08-02 | −1.01% | −1.04 pp |
| Q3 2025 | 2025-05-03 | 0.19% | +0.11 pp |
| Q2 2025 | 2025-02-01 | 0.33% | +0.13 pp |
| Q1 2025 | 2024-11-02 | 0.06% | +0.28 pp |
| Q4 2024 | 2024-08-03 | 0.02% | +1.04 pp |
| Q3 2024 | 2024-04-27 | 0.08% | −0.36 pp |
| Q2 2024 | 2024-01-27 | 0.21% | −0.60 pp |
| Q1 2024 | 2023-10-28 | −0.21% | −1.53 pp |
| Q4 2023 | 2023-07-29 | −1.01% | −1.95 pp |
| Q3 2023 | 2023-04-29 | 0.44% | −1.26 pp |
| Q2 2023 | 2023-01-28 | 0.81% | −0.88 pp |
| Q1 2023 | 2022-10-29 | 1.31% | −0.21 pp |
| Q4 2022 | 2022-07-30 | 0.93% | +0.27 pp |
| Q3 2022 | 2022-04-30 | 1.70% | +0.31 pp |
| Q2 2022 | 2022-01-29 | 1.69% | +0.13 pp |
| Q1 2022 | 2021-10-30 | 1.53% | +0.78 pp |
| Q4 2021 | 2021-07-31 | 0.67% | −0.54 pp |
| Q3 2021 | 2021-05-01 | 1.39% | −0.38 pp |
| Q2 2021 | 2021-01-30 | 1.55% | +1.28 pp |
| Q1 2021 | 2020-10-31 | 0.75% | +7.36 pp |
| Q4 2020 | 2020-08-01 | 1.21% | −1.19 pp |
| Q3 2020 | 2020-05-02 | 1.77% | +0.65 pp |
| Q2 2020 | 2020-02-01 | 0.27% | +6.60 pp |
| Q1 2020 | 2019-11-02 | −6.61% | −5.96 pp |
| Q4 2019 | 2019-08-03 | 2.40% | +0.58 pp |
| Q3 2019 | 2019-04-27 | 1.12% | −1.99 pp |
| Q2 2019 | 2019-01-26 | −6.33% | −7.92 pp |
| Q1 2019 | 2018-10-27 | −0.65% | −2.90 pp |
| Q4 2018 | 2018-07-28 | 1.81% | −0.81 pp |
| Q3 2018 | 2018-04-28 | 3.10% | +0.36 pp |
| Q2 2018 | 2018-01-27 | 1.59% | −0.43 pp |
| Q1 2018 | 2017-10-28 | 2.24% | −0.10 pp |
| Q4 2017 | 2017-07-29 | 2.63% | −0.20 pp |
| Q3 2017 | 2017-04-29 | 2.74% | −0.36 pp |
| Q2 2017 | 2017-01-28 | 2.02% | −0.01 pp |
| Q1 2017 | 2016-10-29 | 2.34% | −0.25 pp |
| Q4 2016 | 2016-07-30 | 2.82% | −0.34 pp |
| Q3 2016 | 2016-04-30 | 3.10% | −0.17 pp |
| Q2 2016 | 2016-01-30 | 2.04% | −0.42 pp |
| Q1 2016 | 2015-10-31 | 2.60% | −0.33 pp |
| Q4 2015 | 2015-08-01 | 3.16% | +0.25 pp |
| Q3 2015 | 2015-05-02 | 3.26% | −0.25 pp |
| Q2 2015 | 2015-01-31 | 2.45% | −0.51 pp |
| Q1 2015 | 2014-11-01 | 2.93% | −0.07 pp |
| Q4 2014 | 2014-08-02 | 2.91% | −0.51 pp |
| Q3 2014 | 2014-05-03 | 3.51% | +0.08 pp |
| Q2 2014 | 2014-02-01 | 2.97% | +0.27 pp |
| Q1 2014 | 2013-11-02 | 3.00% | +0.40 pp |
| Q4 2013 | 2013-08-03 | 3.42% | +0.22 pp |
| Q3 2013 | 2013-04-27 | 3.44% | +0.33 pp |
| Q2 2013 | 2013-01-26 | 2.70% | +0.10 pp |
| Q1 2013 | 2012-10-27 | 2.59% | +0.75 pp |
| Q4 2012 | 2012-07-28 | 3.20% | +0.66 pp |
| Q3 2012 | 2012-04-28 | 3.11% | +0.30 pp |
| Q2 2012 | 2012-01-28 | 2.59% | +0.13 pp |
| Q1 2012 | 2011-10-29 | 1.85% | −0.59 pp |
| Q4 2011 | 2011-07-30 | 2.54% | −0.12 pp |
| Q3 2011 | 2011-04-30 | 2.80% | −0.63 pp |
| Q2 2011 | 2011-01-29 | 2.47% | −0.61 pp |
| Q1 2011 | 2010-10-30 | 2.44% | −0.64 pp |
| Q4 2010 | 2010-07-31 | 2.66% | — |
| Q3 2010 | 2010-05-01 | 3.43% | — |
| Q2 2010 | 2010-01-30 | 3.07% | — |
| Q1 2010 | 2009-10-31 | 3.07% | — |
United Natural Foods operating margin trends
Over the last five fiscal years, United Natural Foods's operating margin increased from −0.73% to −0.10%, a change of +0.63 percentage points. The latest reported quarter, Q3 2026, shows 0.85%.
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review United Natural Foods source filings ↗Community posts
UNFI grows adjusted EBITDA 27% despite lower annual sales
United Natural Foods ($UNFI) finished fiscal 2026 with revenue of $31.2 billion, down 2% from the previous year. Adjusted EBITDA nevertheless rose 27% to $701 million, while free cash flow reached $323 million. The company posted net income ...