Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sysco's Pre-Tax Income for the
three
months ended in Dec. 2023 was $545 Mil. Sysco's Revenue for the
three
months ended in Dec. 2023 was $19,288 Mil. Therefore, Sysco's pretax margin for the quarter that ended in Dec. 2023 was 2.83%.
The historical rank and industry rank for Sysco's Pretax Margin % or its related term are showing as below:
SYY'
s Pretax Margin % Range Over the Past 10 Years
Min: 0.55 Med: 2.92 Max: 3.51
Current: 3.51
SYY's Pretax Margin % is ranked better than 58.28% of 314
companies
in the Retail - Defensive industry
Industry Median: 3.06
vs SYY: 3.51
Sysco Pretax Margin % Historical Data
The historical data trend for Sysco's Pretax 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.
For the Food Distribution subindustry, Sysco's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Sysco's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Sysco's Pretax Margin % falls into.
Sysco Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Sysco's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as
* 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) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Sysco Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Sysco's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SYY has been successfully added to your 