Sysco Corp. (SYY) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$0.94	$0.94	0.0%	—	—	—
Q3 26	$0.98	$0.99	+1.0%	—	—	—
Q2 26	$1.12	$1.15	+2.7%	—	—	—
Q1 26	$1.39	$1.48	+6.5%	—	—	—
Q4 25	$1.02	$0.96	-5.9%	—	—	—
Q3 25	$0.92	$0.93	+1.1%	—	—	—
Q2 25	$1.13	$1.09	-3.5%	—	—	—
Q1 25	$1.38	$1.39	+0.7%	—	—	—
Q4 24	$0.95	$0.96	+1.1%	—	—	—
Q3 24	$0.88	$0.89	+1.1%	—	—	—
Q2 24	$1.04	$1.07	+2.9%	—	—	—
Q1 24	$1.33	$1.34	+0.8%	—	—	—
Q4 23	$0.92	$0.9	-2.2%	—	—	—
Q3 23	$0.84	$0.8	-4.8%	—	—	—
Q2 23	$0.99	$0.97	-2.0%	—	—	—
Q1 23	$1.11	$1.15	+3.6%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$3.67	—	—	$84.6B	—
FY25	—	$3.74	—	—	$81.4B	—
FY24	—	$3.9	—	—	$78.8B	—
FY23	—	$3.49	—	—	$76.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$55.4B	$58.7B	$60.1B	$52.9B	$51.3B	$68.6B	$76.3B	$78.8B	$81.4B	$84.6B
YoY change	+9.94%	+6.06%	+2.36%	-12%	-3.02%	+33.8%	+11.2%	+3.3%	+3.2%	+3.91%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	55.4B	58.7B	60.1B	52.9B	51.3B	68.6B	76.3B	78.8B	81.4B	84.6B
Cost of revenue	44.8B	47.6B	48.7B	43B	41.9B	56.3B	62.4B	64.2B	66.4B	68.9B
Gross profit	10.6B	11.1B	11.4B	9.9B	9.4B	12.3B	14B	14.6B	15B	15.6B
Gross margin	19.1%	18.9%	19%	18.7%	18.2%	17.9%	18.3%	18.5%	18.4%	18.5%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	—	—
Operating expenses	—	—	—	—	—	—	—	—	11.9B	12.5B
Operating income	2.1B	2.3B	2.3B	749.5M	1.4B	2.3B	3B	3.2B	3.1B	3.1B
Operating margin	3.71%	3.94%	3.88%	1.42%	2.82%	3.42%	3.98%	4.06%	3.8%	3.66%
Non-operating income, net	14.5M	37.7M	36.1M	-47.9M	17.7M	25M	-227M	-30M	-38M	-102M
Pretax income	1.8B	2B	2B	293.4M	584.7M	1.7B	2.3B	2.6B	2.4B	2.3B
Income tax	623.7M	525.5M	331.6M	77.9M	60.5M	388M	515M	610M	587M	519M
Net income	1.1B	1.4B	1.7B	215.5M	524.2M	1.4B	1.8B	2B	1.8B	1.8B
Net margin	2.06%	2.44%	2.79%	0.41%	1.02%	1.98%	2.32%	2.48%	2.25%	2.08%
EBITDA	3B	3.1B	3.1B	1.6B	2.3B	3.3B	3.7B	4.2B	4.1B	4.1B
EPS	2.1	2.74	3.24	0.42	1.03	2.66	3.49	3.9	3.74	3.67
Diluted EPS	2.08	2.7	3.2	0.42	1.02	2.64	3.47	3.89	3.73	3.66

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	19.6B	19.3B	19.4B	20.6B	20.5B	20.2B	19.6B	21.1B	21.1B	20.8B	20.5B	22.1B
Cost of revenue	16B	15.8B	15.8B	16.7B	16.7B	16.5B	16B	17.2B	17.2B	17B	16.7B	18B
Gross profit	3.6B	3.5B	3.6B	3.8B	3.8B	3.6B	3.6B	4B	3.9B	3.8B	3.8B	4.1B
Gross margin	18.6%	18.2%	18.6%	18.7%	18.3%	18.1%	18.3%	18.9%	18.4%	18.3%	18.6%	18.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	—	—	—	—
Operating expenses	—	—	—	—	2.9B	2.9B	2.9B	3.1B	3.1B	3.1B	3.2B	3.2B
Operating income	804M	700M	722M	976.3M	808M	712M	681M	888M	800M	692M	619M	983M
Operating margin	4.1%	3.63%	3.73%	4.75%	3.94%	3.53%	3.47%	4.2%	3.78%	3.33%	3.02%	4.44%
Non-operating income, net	-7M	-5M	-10.4M	-7.7M	-6M	-19M	-9M	-6M	-28M	-9M	-6M	-58M
Pretax income	663M	545M	553.8M	803.5M	642M	533M	523M	716M	600M	510M	445M	720M
Income tax	160M	130M	129.1M	191.8M	152M	127M	122M	185M	124M	121M	105M	169M
Net income	503M	415M	424.7M	611.7M	490M	406M	401M	531M	476M	389M	340M	551M
Net margin	2.56%	2.15%	2.19%	2.98%	2.39%	2.01%	2.05%	2.51%	2.25%	1.87%	1.66%	2.49%
EBITDA	1B	944M	966.2M	1.2B	1.1B	965M	942M	1.2B	1B	960M	903M	1.2B
EPS	1	0.82	0.85	1.23	1	0.83	0.82	1.1	0.99	0.81	0.71	1.15
Diluted EPS	0.99	0.82	0.85	1.23	0.99	0.82	0.82	1.1	0.99	0.81	0.71	1.15

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	27.4B	35.7B	36.6B	27.9B	39.7B	43.3B	37.6B	35.8B	37B	40B	37.7B
Enterprise value	34.7B	43.5B	44.2B	36.9B	48.5B	53.8B	48.1B	48B	50.4B	53.2B	50.9B
Shares outstanding	543.5M	522.9M	516.9M	510.1M	510.7M	510.6M	507.4M	501.2M	488.1M	479.1M	479.1M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	23.9	25	21.8	129.4	75.7	31.8	21.3	18.3	20.2	22.8	21.4
P/S	0.49	0.61	0.61	0.53	0.77	0.63	0.49	0.45	0.45	0.47	0.44
P/B	11.1	14	14.4	23.4	25	30.6	18.4	18.9	19.9	15	14
EV/EBITDA	11.7	14	14.1	22.8	20.9	16.5	13	11.5	12.2	12.9	11.3
EV/Sales	0.63	0.74	0.74	0.7	0.95	0.78	0.63	0.61	0.62	0.63	0.6
Earnings yield	4.18%	4.01%	4.58%	0.77%	1.32%	3.14%	4.7%	5.46%	4.94%	4.39%	4.68%
FCF yield	5.65%	4.11%	4.7%	3.22%	3.61%	2.68%	5.51%	6.03%	4.34%	4.84%	5.08%
PEG	—	—	—	—	—	—	—	—	—	—	4.7

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	19.1%	18.9%	19%	18.7%	18.2%	17.9%	18.3%	18.5%	18.4%	18.5%	18.7%
Operating margin	3.71%	3.94%	3.88%	1.42%	2.82%	3.42%	3.98%	4.06%	3.8%	3.66%	4.84%
Net margin	2.06%	2.44%	2.79%	0.41%	1.02%	1.98%	2.32%	2.48%	2.25%	2.08%	2.08%
ROE	46.4%	56.2%	66%	18.1%	33%	96.1%	86.7%	103.4%	98.4%	65.9%	77.7%
ROA	6.43%	7.92%	9.32%	0.95%	2.45%	6.15%	7.76%	7.85%	6.83%	6.19%	7.97%
ROIC	13.6%	16.4%	19.1%	5.39%	12.5%	15.3%	18.9%	17.3%	15.3%	15.1%	15.1%
Return on tangible assets	14.6%	17.4%	19.8%	1.58%	4.36%	12.2%	15%	16%	12.9%	11%	10.9%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.32	1.21	1.33	1.84	1.47	1.2	1.24	1.2	1.21	1.28	1.28
Quick ratio	0.83	0.74	0.81	1.38	0.96	0.69	0.72	0.69	0.7	0.77	0.77
Debt / equity	3.33	3.27	3.22	12.6	7.45	8.05	5.47	6.85	7.81	5.61	5.65
Debt / assets	0.46	0.46	0.45	0.67	0.55	0.52	0.49	0.52	0.54	0.53	0.53
Net debt / EBITDA	2.47	2.49	2.44	5.58	3.8	3.24	2.82	2.94	3.25	3.2	3.2
Interest coverage	6.83	5.95	6.57	1.72	1.66	3.8	5.34	5.23	4.8	4.17	4.17
Effective tax rate	35.3%	26.9%	16.5%	26.6%	10.3%	22.2%	22.5%	23.8%	24.3%	22.8%	22.8%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	101.9	112.3	116.3	103.7	100.4	134.4	150.4	157.3	166.7	176.5	176.5
EPS (basic)	2.1	2.74	3.24	0.42	1.03	2.66	3.49	3.9	3.74	3.67	3.67
EPS (diluted)	2.08	2.7	3.2	0.42	1.02	2.64	3.47	3.89	3.73	3.66	3.66
Book value per share	4.53	4.87	4.91	2.34	3.11	2.77	4.02	3.77	3.8	5.56	5.57
FCF per share	2.84	2.81	3.33	1.76	2.81	2.27	4.09	4.3	3.29	4.04	4.04
Cash per share	1.6	1.06	0.99	11.9	5.89	1.7	1.47	1.39	2.19	3.73	3.73
Capex per share	1.22	1.27	1.3	1.36	0.81	1.19	1.48	1.5	—	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	1.2%	1.13%	1.12%	1.31%	0.8%	0.89%	0.98%	0.96%	—	—	—
Capex / operating cash flow	29.8%	39.9%	30.3%	53.1%	27.7%	47.9%	31.3%	25.7%	—	—	—
Payout ratio	61.2%	50.5%	46.3%	397.4%	175%	70.6%	56.3%	51.6%	54.7%	59%	59.3%
Dividend yield	2.55%	2.02%	2.12%	3.07%	2.31%	2.22%	2.65%	2.82%	2.7%	2.59%	2.81%

Yield

2.81%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.55

ex-dividend Jul 2, 2026

Payout ratio

59%

of earnings

Dividend growth

10 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 2, 2026	$0.55
Apr 2, 2026	$0.54
Jan 2, 2026	$0.54

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	$19.6B	$19.3B	$19.4B	$20.6B	$20.5B	$20.2B	$19.6B	$21.1B	$21.1B	$20.8B	$20.5B	$22.1B
YoY change	+2.58%	+3.73%	+2.67%	+4.2%	+4.4%	+4.47%	+1.13%	+2.83%	+3.24%	+3.03%	+4.7%	+4.66%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	869.5M	552.3M	513.5M	6.1B	3B	867.1M	745M	696M	1.1B	1.8B
Receivables	4B	4.1B	4.2B	2.9B	3.8B	4.8B	5.1B	5.3B	5.5B	5.9B
Inventory	3B	3.1B	3.2B	3.1B	3.7B	4.4B	4.5B	4.7B	5.1B	5.3B
Total current assets	8B	8B	8.1B	12.3B	10.7B	10.5B	10.6B	11B	12B	13.4B
Property, plant & equipment	305M	253M	-43.4M	207.9M	50.9M	-155.7M	-122M	444M	998M	1.2B
Goodwill & intangibles	9.9B	9.9B	9.5B	9B	9.4B	11B	11B	12.7B	12.6B	12.4B
Total assets	17.8B	18.1B	18B	22.6B	21.4B	22.1B	22.8B	24.9B	26.8B	28.4B
Accounts payable	4B	4.1B	4.3B	3.4B	4.9B	5.8B	6B	6.3B	6.5B	6.6B
Short-term debt	534M	786.5M	41.3M	1.7B	597.6M	686.3M	162M	594M	1.1B	1.4B
Total current liabilities	6.1B	6.6B	6.1B	6.7B	7.3B	8.8B	8.5B	9.2B	9.9B	10.5B
Long-term debt	7.7B	7.5B	8.1B	13.4B	11.2B	10.7B	11B	12.4B	13.4B	13.6B
Total liabilities	15.3B	15.5B	15.4B	21.4B	19.8B	20.7B	20.8B	23B	24.9B	25.7B
Shareholders' equity	2.5B	2.5B	2.5B	1.2B	1.6B	1.4B	2B	1.9B	1.9B	2.7B
Total debt	8.2B	8.3B	8.2B	15.1B	11.8B	11.4B	11.2B	12.9B	14.5B	15B
Net debt	7.3B	7.8B	7.6B	9B	8.8B	10.5B	10.4B	12.2B	13.4B	13.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	569.1M	962.2M	598.3M	696M	733M	793M	1.5B	1.1B	844M	1.2B	1.9B	1.8B
Receivables	5.3B	5.3B	5.6B	5.3B	5.8B	5.3B	5.5B	5.5B	5.8B	5.6B	5.8B	5.9B
Inventory	4.6B	4.7B	4.7B	4.7B	5B	5B	4.9B	5.1B	5.4B	5.3B	5.3B	5.3B
Total current assets	10.9B	11.3B	11.2B	11B	11.9B	11.5B	12.3B	12B	12.4B	12.4B	13.4B	13.4B
Property, plant & equipment	5.8B	6B	6.2B	444M	6.6B	6.6B	6.8B	998M	7.1B	7.3B	7.2B	1.2B
Goodwill & intangibles	11.2B	12.9B	12.7B	12.7B	12.8B	12.5B	12.6B	12.6B	12.5B	12.7B	12.5B	12.4B
Total assets	23.3B	24.7B	24.7B	24.9B	25.9B	25.3B	26.3B	26.8B	27B	27.2B	28B	28.4B
Accounts payable	5.8B	5.7B	5.9B	6.3B	6.4B	5.8B	6.2B	6.5B	6.5B	6B	6.4B	6.6B
Short-term debt	298.6M	203.9M	216.2M	594M	613M	1.3B	1.4B	1.1B	2B	1.3B	1.3B	1.4B
Total current liabilities	8.5B	8.3B	8.4B	9.2B	9.4B	9.6B	9.7B	9.9B	10.8B	9.6B	10.1B	10.5B
Long-term debt	11.4B	12.8B	12.9B	12.4B	12.8B	12.3B	13.2B	13.4B	12.5B	13.7B	14B	13.6B
Total liabilities	21.1B	22.3B	22.6B	23B	23.6B	23.3B	24.4B	24.9B	24.9B	24.8B	25.7B	25.7B
Shareholders' equity	2.2B	2.4B	2.1B	1.9B	2.2B	2B	1.9B	1.9B	2.1B	2.3B	2.3B	2.7B
Total debt	11.7B	13B	13.1B	12.9B	13.4B	13.7B	14.6B	14.5B	14.6B	15B	15.4B	15B
Net debt	11.1B	12B	12.5B	12.2B	12.7B	12.9B	13.1B	13.4B	13.7B	13.7B	13.5B	13.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	1.1B	1.4B	1.7B	215.5M	524.2M	1.4B	1.8B	2B	1.8B	1.8B
Depreciation & amortization	902M	765.5M	763.9M	914.1M	851.8M	881M	889M	997M	1.1B	1.1B
Stock-based compensation	83.9M	93.8M	104.9M	42.2M	95.8M	122M	96M	104M	93M	118M
Change in working capital	105.8M	-842.6M	-216.2M	298.8M	162.8M	-1B	-351M	-157M	-478M	-637M
Operating cash flow	2.2B	1.7B	2.2B	1.3B	1.5B	1.3B	2.4B	2.9B	2.5B	2.6B
Capital expenditure	-662.7M	-665.6M	-671.5M	-691.7M	-411.5M	-609M	-751M	-753M	—	—
Investing cash flow	-3.6B	-910.4M	-742.9M	-756.3M	-428.7M	-1.9B	-785M	-2B	-25M	-172M
Dividends paid	-698.6M	-722.2M	-775.4M	-856.3M	-917.6M	-959M	-996M	-1B	-1B	-1B
Share repurchases	-1.9B	-978.9M	-1B	-844.7M	0	-500M	-500M	-1.2B	-1.3B	-200M
Financing cash flow	-1.9B	-1.7B	-2.1B	4.5B	-4.8B	-2.1B	-2.1B	-1.2B	-1.5B	-1.3B
Net change in cash	-3.2B	-921.8M	-614.8M	5B	-3.7B	-2.7B	-519M	-187M	963M	1.2B
Free cash flow	1.5B	1.5B	1.7B	898.3M	1.4B	1.2B	2.1B	2.2B	1.6B	1.9B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	503M	416M	424.3M	611.7M	490M	406M	401M	531M	476M	390M	340M	551M
Depreciation & amortization	235M	249M	254.5M	258.5M	269M	272M	270M	275M	270M	277M	290M	292M
Stock-based compensation	24M	29M	23.7M	27.3M	30M	30M	14M	19M	31M	33M	31M	23M
Change in working capital	-675M	104M	-227.9M	641.9M	-700M	-244M	307M	159M	-669M	-190M	153M	69M
Operating cash flow	68M	793M	484.4M	1.6B	36M	415M	994M	1.2B	86M	525M	852M	1.2B
Capital expenditure	-160M	-169M	-180.5M	-243.5M	-45M	-122M	-196M	—	—	—	—	—
Investing cash flow	-380M	-1.1B	-197.1M	-261.4M	-46M	-158M	-188M	4M	29M	2M	-57M	-13M
Dividends paid	-253M	-253M	-252.1M	-249.9M	-251M	-252M	-249M	-248M	-259M	-259M	-260M	-259M
Share repurchases	-100M	-100M	-499.9M	-532.1M	-108M	-192M	-400M	-550M	0	0	-200M	0
Financing cash flow	49M	672M	-264.2M	-1.3B	-160M	-272M	58M	-1.1B	-238M	-84M	-64M	-910M
Net change in cash	-263M	340M	23.1M	11.5M	-170M	-15M	864M	70M	-123M	443M	731M	252M
Free cash flow	-84M	593M	334M	1.3B	-69M	234M	620M	819M	-74M	385M	691M	936M

Date	Ratio
Dec 18, 2000	2:1
Mar 23, 1998	2:1
Jun 22, 1992	2:1
Oct 18, 1989	2:1
Mar 31, 1986	2:1
Jun 28, 1982	2:1
Dec 23, 1980	3:2
Jun 22, 1979	3:2

Sysco Corp. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history