SYSCO
SYY · NYSEWholesale-Groceries & Related Products · Fiscal year ends Jun 27
SYSCO reported revenue of $84.6B in the fiscal year ended Jun 2026, up 3.9% from the year before. Operating income was $3.1B, an operating margin of 3.7%, and net income was $1.8B. Operating cash flow of $2.6B less capital expenditure of $700M left free cash flow of $1.9B. Net debt was $10.5B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Jul 2022 | Jul 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | $68.6B | $76.3B | $78.8B | $81.4B | $84.6B |
| Cost of revenue | $56.3B | $62.4B | $64.2B | $66.4B | $68.9B |
| Gross profit | $12.3B | $14B | $14.6B | $15B | $15.6B |
| Operating income | $2.3B | $3B | $3.2B | $3.1B | $3.1B |
| Net interest incomeBanks | −$624M | −$527M | −$607M | – | – |
| Pre-tax income | $1.7B | $2.3B | $2.6B | $2.4B | $2.3B |
| Income tax | $388M | $515M | $610M | $587M | $519M |
| Net income | $1.4B | $1.8B | $2B | $1.8B | $1.8B |
| Diluted EPS | 2.64 | 3.47 | 3.89 | 3.73 | 3.66 |
| Diluted shares | 514M | 510M | 503M | 490M | 481M |
Balance sheet
| Fiscal year | Jul 2022 | Jul 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | $867M | $745M | $696M | $1.1B | $1.8B |
| Current assets | $10.5B | $10.6B | $11B | $12B | $13.4B |
| Net PP&E | $4.5B | $4.9B | $5.5B | $6.1B | $6B |
| Goodwill | $4.5B | $4.6B | $5.2B | $5.2B | $5.2B |
| Total assets | $22.1B | $22.8B | $24.9B | $26.8B | $28.4B |
| Payables | $5.8B | $6B | $6.3B | $6.5B | $6.6B |
| Current liabilities | $8.8B | $8.5B | $9.2B | $9.9B | $10.5B |
| Long-term debt | $10.1B | $10.3B | $11.5B | $12.4B | $12.3B |
| Shareholders' equity | $1.4B | $2B | $1.9B | $1.8B | $2.7B |
Cash flow
| Fiscal year | Jul 2022 | Jul 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Operating cash flow | $1.8B | $2.9B | $3B | $2.5B | $2.6B |
| Capital expenditure | $633M | $793M | $832M | $906M | $700M |
| Free cash flow | $1.2B | $2.1B | $2.2B | $1.6B | $1.9B |
| Depreciation & amortisation | $773M | $776M | $873M | $945M | $976M |
| Stock-based compensation | $122M | $96M | $104M | $93M | $118M |
| Acquisitions | $1.3B | $37M | $1.2B | $40M | $189M |
| Share buybacks | $500M | $500M | $1.2B | $1.3B | $200M |
| Dividends paid | $959M | $996M | $1B | $1B | $1B |
| Dividend per share | 1.90 | 1.97 | 2.01 | 2.07 | 2.17 |
Key ratios
| Fiscal year | Jul 2022 | Jul 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 11.2% | 3.3% | 3.2% | 3.9% |
| Operating income growth (YoY) | – | 29.5% | 5.4% | −3.6% | 0.2% |
| EPS growth (YoY) | – | 31.4% | 12.1% | −4.1% | −1.9% |
| Gross margin | 17.9% | 18.3% | 18.5% | 18.4% | 18.5% |
| Operating margin | 3.4% | 4.0% | 4.1% | 3.8% | 3.7% |
| Net margin | 2.0% | 2.3% | 2.5% | 2.2% | 2.1% |
| Return on equityBlank when equity is negative | 98.3% | 88.1% | 105.1% | 99.9% | 65.9% |
| ROCEEBIT ÷ (assets − current liabilities) | 17.6% | 21.3% | 20.4% | 18.3% | 17.3% |
| Free cash flow margin | 1.7% | 2.7% | 2.7% | 2.0% | 2.3% |
| Cash conversion (CFO ÷ net income) | 1.32x | 1.62x | 1.53x | 1.37x | 1.50x |
| Payable days | 37 | 35 | 36 | 36 | 35 |
| Debt ÷ equity | 7.28x | 5.15x | 6.19x | 6.75x | 4.62x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $9.2B | $9.6B | $10.8B | $11.3B | $10.5B |
| Current ratio | 1.20x | 1.24x | 1.20x | 1.21x | 1.28x |
Recent filings
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Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.