Logo

SYY

Sysco Corporation

SYY

Sysco Corporation • NYSE
$76.20 ▲ 0.40% (+0.30)
Market Cap $36.94 B
52w High $83.47
52w Low $67.12
Dividend Yield 2.10%
P/E 20.43
Volume 1.82M
Outstanding Shares 484.83M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $21.148B ▲ $3.101B ▲ $476M ▼ 2.251% ▼ $0.99 ▼ $1.005B ▼
Q4-2025 $21.138B ▲ $3.097B ▲ $531M ▲ 2.512% ▲ $1.1 ▲ $1.117B ▲
Q3-2025 $19.598B ▼ $2.9B ▼ $401M ▼ 2.046% ▲ $0.82 ▼ $910M ▼
Q2-2025 $20.151B ▼ $2.938B ▼ $406M ▼ 2.015% ▼ $0.83 ▼ $965M ▼
Q1-2025 $20.484B $2.945B $490M 2.392% $1 $1.071B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $844M ▼ $27.044B ▲ $24.933B ▲ $2.067B ▲
Q4-2025 $1.071B ▼ $26.774B ▲ $24.917B ▲ $1.83B ▼
Q3-2025 $1.527B ▲ $26.347B ▲ $24.402B ▲ $1.922B ▼
Q2-2025 $793M ▲ $25.318B ▼ $23.289B ▼ $2.014B ▼
Q1-2025 $733M $25.88B $23.644B $2.207B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $476M ▼ $86M ▼ $-107M ▲ $-195M ▲ $-222M ▲ $-74M ▼
Q4-2025 $531M ▲ $1.37B ▲ $-325M ▼ $-1.29B ▼ $-456M ▼ $996M ▲
Q3-2025 $401M ▼ $819M ▲ $-188M ▼ $66M ▲ $709M ▲ $620M ▲
Q2-2025 $406M ▼ $445M ▲ $-158M ▼ $-234M ▼ $21M ▲ $234M ▲
Q1-2025 $490M $53M $-46M $-131M $-111M $-69M

Revenue by Products

Product Q2-2025Q3-2025Q4-2025Q1-2026
Beverage Products1
Beverage Products1
 $720.00M ▲$710.00M ▼$810.00M ▲$810.00M ▲
Canned And Dry Products1
Canned And Dry Products1
 $3.64Bn ▲$3.50Bn ▼$3.75Bn ▲$3.75Bn ▲
Dairy Products1
Dairy Products1
 $2.15Bn ▲$2.15Bn ▲$2.22Bn ▲$2.19Bn ▼
Equipment And Smallwares
Equipment And Smallwares
 $450.00M ▲$440.00M ▼$490.00M ▲$460.00M ▼
Fresh And Frozen Meats1
Fresh And Frozen Meats1
 $3.77Bn ▲$3.70Bn ▼$4.03Bn ▲$4.17Bn ▲
Fresh Produce1
Fresh Produce1
 $1.68Bn ▲$1.57Bn ▼$1.68Bn ▲$1.68Bn ▲
Frozen Fruits Vegetables Bakery And Other1
Frozen Fruits Vegetables Bakery And Other1
 $3.10Bn ▲$2.98Bn ▼$3.14Bn ▲$3.14Bn ▲
Other Products
Other Products
 $640.00M ▲$640.00M ▲$730.00M ▲$690.00M ▼
Paper And Disposables1
Paper And Disposables1
 $1.35Bn ▲$1.32Bn ▼$1.42Bn ▲$1.42Bn ▲
Poultry1
Poultry1
 $2.02Bn ▲$1.91Bn ▼$2.11Bn ▲$2.09Bn ▼
Seafood1
Seafood1
 $640.00M ▲$680.00M ▲$760.00M ▲$760.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Sysco’s income statement shows a business that has grown steadily, with sales climbing each year as restaurants and foodservice demand recovered and then expanded. Profitability has improved meaningfully from the low point a few years ago, but earnings have not grown as fast as revenue recently, suggesting some margin pressure from costs, pricing, or interest expense. Overall, Sysco looks like a high-volume, modest-margin distributor that has largely restored its earning power, but with relatively little room for error if costs spike or demand softens.

Balance Sheet

Balance Sheet The balance sheet reflects a mature, asset-heavy distribution business funded with considerable debt and a relatively thin equity cushion. Total assets have grown as Sysco has invested in its network and capabilities, but debt has also risen, while cash balances are modest. This leverage can amplify returns when business is strong but increases sensitivity to interest rates and economic downturns. The company appears to be prioritizing scale and efficiency over maintaining a very conservative balance sheet.

Cash Flow

Cash Flow Sysco consistently generates solid cash flow from its operations, enough to cover ongoing investments in warehouses, trucks, and technology while still leaving room for surplus cash. Free cash flow has been positive in every year shown, which is a good sign for the durability of the business model. That said, operating cash flow has not grown as quickly as revenue, hinting at working capital swings or cost pressures that are worth watching over time, especially given the company’s debt load.

Competitive Edge

Competitive Edge Sysco holds a leading position in foodservice distribution, supported by its massive purchasing power, broad product range, and extensive distribution network. This scale allows it to offer competitive pricing and reliable delivery that are hard for smaller rivals to match. On top of that, value-added services—such as menu consulting, chef support, and business solutions—deepen customer relationships and raise switching costs. Risks include ongoing competition from other national distributors, regional players, and potential self-distribution by large chains, as well as exposure to restaurant health and food inflation trends.

Innovation and R&D

Innovation and R&D Although it is not a classic high-tech or heavy-R&D company, Sysco is investing aggressively in practical innovation. Its Sysco LABS unit, e-commerce platform (Sysco Shop), and use of analytics and AI in pricing, routing, and customer insights show a clear push to become a more digital, data-driven distributor. It is also innovating in differentiated product lines and sustainability, using exclusive offerings and ESG initiatives as competitive tools. The key question is execution: how effectively these digital and product innovations translate into higher customer loyalty, better margins, and more efficient operations over time.

Summary

Sysco looks like a scaled, resilient foodservice distributor that has grown back strongly from earlier disruptions, with rising sales and healthier profits than a few years ago. Its main financial strengths are recurring demand, consistent cash generation, and a powerful competitive moat built on scale, logistics, and customer services. The main risks center on relatively high leverage in a thin-margin industry, sensitivity to restaurant demand and food costs, and the need to keep executing on its technology and growth strategy. If Sysco continues to convert its digital and operational initiatives into tangible efficiency gains and customer stickiness, it is well positioned within its niche, but investors should recognize the trade-off between strong competitive position and a balance sheet that relies heavily on debt.

NEWS

November 12, 2025 · 4:35 PM UTC

Sysco Declares Quarterly Dividend Payment

Read more

October 28, 2025 · 8:03 AM UTC

Sysco Reports First Quarter 2026 Results; Reiterates FY26 Guidance

Read more

October 14, 2025 · 9:00 AM UTC

Sysco Names Kyndryl Inaugural Tech Partner of the Year

Read more

October 7, 2025 · 8:03 AM UTC

Sysco to Announce First Quarter Fiscal Year 2026 Financial Results On October 28

Read more

October 3, 2025 · 11:00 AM UTC

Sysco's Presents Southern Smoke Festival 2025 in Ongoing Commitment to Community and Customers

Read more