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Sysco (SYY) Net Margin %

: 2.15% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Sysco's Net Income for the three months ended in Dec. 2023 was $415 Mil. Sysco's Revenue for the three months ended in Dec. 2023 was $19,288 Mil. Therefore, Sysco's net margin for the quarter that ended in Dec. 2023 was 2.15%.

The historical rank and industry rank for Sysco's Net Margin % or its related term are showing as below:

SYY' s Net Margin % Range Over the Past 10 Years
Min: 0.41   Med: 1.99   Max: 2.79
Current: 2.69


SYY's Net Margin % is ranked better than
60.38% of 313 companies
in the Retail - Defensive industry
Industry Median: 2.14 vs SYY: 2.69

Sysco Net Margin % Historical Data

The historical data trend for Sysco's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sysco Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.79 0.41 1.02 1.98 2.32

Sysco Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 2.28 3.72 2.57 2.15

Competitive Comparison

For the Food Distribution subindustry, Sysco's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sysco Net Margin % Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Sysco's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sysco's Net Margin % falls into.



Sysco Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sysco's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=1770.124/76324.675
=2.32 %

Sysco's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=415.242/19287.942
=2.15 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sysco  (NYSE:SYY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Sysco Net Margin % Related Terms

Thank you for viewing the detailed overview of Sysco's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sysco (SYY) Business Description

Traded in Other Exchanges
Address
1390 Enclave Parkway, Houston, TX, USA, 77077-2099
Sysco is the largest U.S. foodservice distributor with 17% share of the highly fragmented $350 billion domestic market. Sysco distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%) and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm's revenue was derived from its U.S. foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments made up the difference.
Executives
Sheila Talton director C/O ACCO BRANDS CORPORATION, 300 TOWER PARKWAY, LINCOLNSHIRE IL 60201
Jennifer L Johnson officer: SVP and CAO 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Victoria L Gutierrez officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Daniel Purefoy officer: SVP, Chief Supply Chain Off 33 KINGSWAY, LONDON X0 WC2B 6UF
Neil Russell officer: Interim CFO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Kenny K Cheung officer: EVP and CFO HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Greg D Bertrand officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Kevin Hourican officer: President and CEO ONE CVS DRIVE, WOONSOCKET RI 02895
Scott B. Stone officer: VP, Finance and interim CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Paulo Peereboom officer: EVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Aaron E Alt officer: EVP and CFO 3001 COLORADO BLVD., DENTON TX 76210
Anita A Zielinski officer: SVP & CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
James Chris Jasper officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Jill Golder director 305 HARTMANN DRIVE, LEBANON TN 37087
Ali Dibadj director C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206

Sysco (SYY) Headlines

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