NYSE: SYY
Sysco
Consumer Staples · Wholesale-Groceries & Related Products
52-week range
Stock price
Market cap
At each fiscal year end: closing price × shares outstanding.Figures shown are for FY2026, ended Jun 27, 2026. Hover or tap a column for another year.$39.7B
Show tableHide table
| Period | Market cap |
|---|---|
| FY2017, ended Jul 1, 2017 | $26.6B |
| FY2018, ended Jun 30, 2018 | $35.5B |
| FY2019, ended Jun 29, 2019 | $36.3B |
| FY2020, ended Jun 27, 2020 | $26.6B |
| FY2021, ended Jul 3, 2021 | $39.2B |
| FY2022, ended Jul 2, 2022 | $43.7B |
| FY2023, ended Jul 1, 2023 | $37.5B |
| FY2024, ended Jun 29, 2024 | $35.1B |
| FY2025, ended Jun 28, 2025 | $35.9B |
| FY2026, ended Jun 27, 2026 | $39.7B |
Revenue
By fiscal year.Figures shown are for FY2026, ended Jun 27, 2026. Hover or tap a column for another year.$84.6B
Show tableHide table
| Period | Revenue |
|---|---|
| FY2017, ended Jul 1, 2017 | $55.4B |
| FY2018, ended Jun 30, 2018 | $58.7B |
| FY2019, ended Jun 29, 2019 | $60.1B |
| FY2020, ended Jun 27, 2020 | $52.9B |
| FY2021, ended Jul 3, 2021 | $51.3B |
| FY2022, ended Jul 2, 2022 | $68.6B |
| FY2023, ended Jul 1, 2023 | $76.3B |
| FY2024, ended Jun 29, 2024 | $78.8B |
| FY2025, ended Jun 28, 2025 | $81.4B |
| FY2026, ended Jun 27, 2026 | $84.6B |
Net income and free cash flow
By fiscal year. Free cash flow is operating cash flow minus capex.Figures shown are for FY2026, ended Jun 27, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2017, ended Jul 1, 2017 | $1.14B | $1.55B |
| FY2018, ended Jun 30, 2018 | $1.43B | $1.47B |
| FY2019, ended Jun 29, 2019 | $1.67B | $1.72B |
| FY2020, ended Jun 27, 2020 | $215M | $898M |
| FY2021, ended Jul 3, 2021 | $524M | $1.43B |
| FY2022, ended Jul 2, 2022 | $1.36B | $1.16B |
| FY2023, ended Jul 1, 2023 | $1.77B | $2.08B |
| FY2024, ended Jun 29, 2024 | $1.96B | $2.16B |
| FY2025, ended Jun 28, 2025 | $1.83B | $1.60B |
| FY2026, ended Jun 27, 2026 | $1.76B | $1.94B |
Cash and cash equivalents
At each fiscal year end.Figures shown are for FY2026, ended Jun 27, 2026. Hover or tap a column for another year.$1.79B
Show tableHide table
| Period | Cash and cash equivalents |
|---|---|
| FY2017, ended Jul 1, 2017 | $870M |
| FY2018, ended Jun 30, 2018 | $552M |
| FY2019, ended Jun 29, 2019 | $513M |
| FY2020, ended Jun 27, 2020 | $6.06B |
| FY2021, ended Jul 3, 2021 | $3.01B |
| FY2022, ended Jul 2, 2022 | $867M |
| FY2023, ended Jul 1, 2023 | $745M |
| FY2024, ended Jun 29, 2024 | $696M |
| FY2025, ended Jun 28, 2025 | $1.07B |
| FY2026, ended Jun 27, 2026 | $1.79B |
Total debt
At each fiscal year end. Short- and long-term borrowings, excluding leases.Figures shown are for FY2026, ended Jun 27, 2026. Hover or tap a column for another year.$13.5B
Show tableHide table
| Period | Total debt |
|---|---|
| FY2017, ended Jul 1, 2017 | $8.19B |
| FY2018, ended Jun 30, 2018 | $8.33B |
| FY2019, ended Jun 29, 2019 | $8.13B |
| FY2020, ended Jun 27, 2020 | $12.9B |
| FY2021, ended Jul 3, 2021 | $10.6B |
| FY2022, ended Jul 2, 2022 | $10.6B |
| FY2023, ended Jul 1, 2023 | $10.4B |
| FY2024, ended Jun 29, 2024 | $12.0B |
| FY2025, ended Jun 28, 2025 | $13.3B |
| FY2026, ended Jun 27, 2026 | $13.5B |
Shares outstanding
At each fiscal year end, adjusted for splits. Down 9.2% since 2017.Figures shown are for FY2026, ended Jun 27, 2026. Hover or tap a column for another year.479M
Show tableHide table
| Period | Shares outstanding |
|---|---|
| FY2017, ended Jul 1, 2017 | 528M |
| FY2018, ended Jun 30, 2018 | 520M |
| FY2019, ended Jun 29, 2019 | 513M |
| FY2020, ended Jun 27, 2020 | 509M |
| FY2021, ended Jul 3, 2021 | 512M |
| FY2022, ended Jul 2, 2022 | 506M |
| FY2023, ended Jul 1, 2023 | 505M |
| FY2024, ended Jun 29, 2024 | 492M |
| FY2025, ended Jun 28, 2025 | 478M |
| FY2026, ended Jun 27, 2026 | 479M |
Buybacks and new shares
By fiscal year, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for FY2026, ended Jun 27, 2026. Hover or tap a column for another year.Net: $82.0M more bought back than issued
Show tableHide table
| Period | Bought back | Paid to employees |
|---|---|---|
| FY2017, ended Jul 1, 2017 | $1.89B | $83.9M |
| FY2018, ended Jun 30, 2018 | $979M | $93.8M |
| FY2019, ended Jun 29, 2019 | $1.02B | $105M |
| FY2020, ended Jun 27, 2020 | $845M | $42.2M |
| FY2021, ended Jul 3, 2021 | $0 | $95.8M |
| FY2022, ended Jul 2, 2022 | $500M | $122M |
| FY2023, ended Jul 1, 2023 | $500M | $96.0M |
| FY2024, ended Jun 29, 2024 | $1.23B | $104M |
| FY2025, ended Jun 28, 2025 | $1.25B | $93.0M |
| FY2026, ended Jun 27, 2026 | $200M | $118M |
Revenue (TTM)
$84.6B
+3.9% YoY
Net income (TTM)
$1.76B
−3.9% YoY
Cash
$1.79B
+66.8% YoY
Total debt
$13.5B
+1.6% YoY
Valuation
At current price- Market Cap
- $39.7B
- P/E
- 22.6×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 0.5×
- Price / Book
- 14.9×
- EV / EBITDA
- 12.6×
Growth
Trailing 12 months- Revenue (TTM)
- $84.6B
- Revenue Growth YoY
- 3.9%
- Revenue CAGR 3Y
- 3.5%
- Revenue CAGR 5Y
- 10.5%
- EPS Growth YoY
- −1.9%
- Net Income Growth YoY
- −3.9%
Profitability
Trailing 12 months- Gross Margin
- 18.5%
- Operating Margin
- 3.7%
- Net Margin
- 2.1%
- FCF Margin
- 2.3%
- Return on Equity
- 78.2%
Earnings
Trailing 12 months- Net Income
- $1.76B
- EPS (diluted)
- $3.66
- EBITDA
- $4.07B
- Operating Income
- $3.10B
Balance Sheet
As of Jun 27, 2026- Cash and cash equivalents
- $1.79B
- Total Debt
- $13.5B
- Net Debt
- $11.7B
- Total Assets
- $28.4B
- Total Liabilities
- $25.7B
- Shareholders' Equity
- $2.67B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $2.64B
- Capital Expenditure
- $700M
- Free Cash Flow
- $1.94B
Dividends and risk
Last 12 months- Dividend Yield
- 2.6%
- Dividend / Share
- $2.18
- Beta (5Y)
- 0.64
Every ratio is calculated from the company’s reported figures.
Note
Revenue is roughly flat year over year at $84.6B.
Note
Net margin of 2.1% over the last 12 months.
Note
Net debt of $11.7B is 2.9× EBITDA.
Note
Free cash flow of $1.94B, 2.3% of revenue.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-K for the fiscal year ended Jun 27, 2026 · filed Aug 21, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2025 · 10-K55Some concerns
10-K for the fiscal year ended Jun 28, 2025
Filed Aug 22, 2025 · Read the filing on EDGAR
- Sales rose 3.2% to $81.4 billion, but operating income fell 3.6% and net earnings fell 6.5% to $1.8 billion.
- Sysco took a $92 million goodwill write-down on its Guest Worldwide hotel-supply business. Excluding that and other one-off items, earnings per share rose 3.5% to $4.46.
- In the core U.S. business, volume from independent restaurants fell 1.4%, Sysco-brand sales declined and profit fell 4.3%. The international business grew profit 16.5%.
- For fiscal 2026, management expects sales to grow 3% to 5% and earnings to rise. Total debt rose to $13.3 billion.
Business momentum
Mixed
“Net earnings: ◦decreased 6.5%, or $127 million, to $1.8 billion;”
Outlook
Positive
“In total, we expect these factors to result in net sales growth across the enterprise of 3% to 5% in fiscal 2026.”
Financial stress
Low
“As of June 28, 2025, there were no borrowings outstanding under our long-term revolving credit facility and the company had approximately $3.8 billion in cash and available liquidity.”
Tone against the previous report
More negative
Red flags
- Minor
Large write-down
“During the fourth quarter of fiscal 2025 we recorded a noncash goodwill impairment charge of $92 million for a portion of the goodwill attributable to our Guest Worldwide reporting unit.”
Positives
International profit grew strongly
“Operating income $ 437 $ 375 $ 62 16.5 %”
Underlying earnings per share rose
“adjusted diluted earnings per share were $4.46 in fiscal 2025, a $0.15 increase from the comparable prior year amount of $4.31 per share;”
SYGMA sales up on new customers
“Our SYGMA segment sales were 8.3% higher in fiscal 2025, as compared to fiscal 2024, primarily driven by the growth of new customers.”
Concerns
Profit fell in the main U.S. business
“Operating income $ 3,516 $ 3,673 $ (157) (4.3) %”
Margins squeezed as chain customers outgrow independents
“This was a decrease of 26 basis points compared to gross margin of 19.4% in fiscal 2024, primarily due to a shift in our customer mix driven by national sales volumes outpacing local sales volume”
Operating cash flow fell 16%
“Cash flows from operations were $2.5 billion in fiscal 2025, compared to $3.0 billion in fiscal 2024;”
New risks since the previous report
Fewer orders from independent restaurants
“This included a 1.4% decrease in local customer case volume as compared to fiscal 2024.”
Tariffs and trade disputes
“In addition, recent U.S. tariffs imposed or threatened to be imposed on other countries, any retaliatory actions taken by such countries and general political uncertainty surrounding trade relations and policies could have a negative impact”
Risks from using artificial intelligence
“Our growing use of artificial intelligence systems in our operations poses inherent risks and could adversely affect our results of operations.”
$1.75 billion of debt due within a year
“Of the $13.3 billion of total indebtedness, $1.75 billion will mature within the next twelve months.”
More goodwill write-downs possible
“The fair value estimates of two of our more significant reporting units, with total goodwill of $1.5 billion, are more sensitive to changes in significant assumptions”
Biggest risks named
- Weak restaurant visits and economic slowdown
- Fewer independent-restaurant customers reducing margins
- Food inflation or deflation squeezing thin margins
- Tariffs and trade disruptions
- $13.3 billion of debt and refinancing needs
Artificial intelligence in this business: Mentioned
How the score adds up
| Starting point | 60 | |
| Business momentum | −3 | |
| Outlook | +3 | |
| Tone against the previous report | −2 | |
| Financial stress | 0 | |
| Red flags | −1.5 | |
| New risks | −2 | |
| Score | 55 | |
Written by AI (Claude Opus 5.5) from the report’s text. 15 of 15 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-K | Aug 21, 2026 | Pro | |||
| 10-K | Aug 22, 2025 | 55 | Mixed | 1 minor | |
| 10-K | Aug 28, 2024 | 67 | Improving | None | |
| 10-K | Aug 25, 2023 | 71 | Strong improvement | 2 minor | |
| 10-K | Aug 26, 2022 | 75 | Strong improvement | None | |
| 10-K | Aug 30, 2021 | 69 | Improving | None | |
| 10-K | Aug 26, 2020 | 24 | Sharp deterioration | 3 medium | |
| 10-K | Aug 26, 2019 | 56 | Improving | 1 minor | |
| 10-K | Aug 27, 2018 | 73 | Strong improvement | None | |
| 10-K | Aug 30, 2017 | 74 | Strong improvement | 1 minor |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-K for FY2026 (period ended Jun 27, 2026), filed Aug 21, 2026. View filings on SEC EDGAR