Stock Analysis on Net

Sysco Corp. (NYSE:SYY)

Common-Size Income Statement

Sysco Corp., common-size consolidated income statement

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12 months ended: Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -81.47 -81.72 -82.05 -81.76 -81.28 -81.02
Gross profit 18.53% 18.28% 17.95% 18.24% 18.72% 18.98%
Operating expenses -14.47 -14.30 -14.54 -15.44 -17.30 -15.10
Operating income 4.06% 3.98% 3.41% 2.80% 1.42% 3.88%
Interest expense -0.77 -0.69 -0.91 -1.72 -0.77 -0.60
Other income (expense), net -0.04 -0.30 0.05 0.05 -0.09 0.06
Earnings before income taxes 3.25% 2.99% 2.54% 1.14% 0.55% 3.34%
Income taxes -0.77 -0.68 -0.57 -0.12 -0.15 -0.55
Net earnings 2.48% 2.32% 1.98% 1.02% 0.41% 2.79%

Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Sysco Corp. operating income as a percentage of sales increased from 2022 to 2023 and from 2023 to 2024.
Earnings before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Sysco Corp. earnings before income taxes as a percentage of sales increased from 2022 to 2023 and from 2023 to 2024.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Sysco Corp. net earnings as a percentage of sales increased from 2022 to 2023 and from 2023 to 2024.