Stock Analysis on Net

Sysco Corp. (NYSE:SYY)

This company has been moved to the archive! The financial data has not been updated since August 28, 2024.

Analysis of Reportable Segments

Microsoft Excel

Segment Profit Margin

Sysco Corp., profit margin by reportable segment

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
U.S. Foodservice Operations 6.64% 6.68% 6.54% 6.88% 5.45% 7.73%
International Foodservice Operations 2.58% 2.31% 0.87% -2.78% -3.84% 1.09%
SYGMA 0.93% 0.72% -0.05% 0.81% 0.66% 0.44%

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).

Segment profitability ratio Reportable segment The company
Segment profit margin U.S. Foodservice Operations U.S. Foodservice Operations segment profit margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024.
International Foodservice Operations International Foodservice Operations segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.
SYGMA SYGMA segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.

Segment Profit Margin: U.S. Foodservice Operations

Sysco Corp.; U.S. Foodservice Operations; segment profit margin calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Operating income (loss) 3,673 3,587 3,173 2,457 2,003 3,193
Sales 55,339 53,683 48,521 35,725 36,774 41,288
Segment Profitability Ratio
Segment profit margin1 6.64% 6.68% 6.54% 6.88% 5.45% 7.73%

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).

1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Sales
= 100 × 3,673 ÷ 55,339 = 6.64%

Segment profitability ratio Reportable segment The company
Segment profit margin U.S. Foodservice Operations U.S. Foodservice Operations segment profit margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024.

Segment Profit Margin: International Foodservice Operations

Sysco Corp.; International Foodservice Operations; segment profit margin calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Operating income (loss) 375 313 102 (232) (371) 125
Sales 14,561 13,560 11,787 8,351 9,672 11,493
Segment Profitability Ratio
Segment profit margin1 2.58% 2.31% 0.87% -2.78% -3.84% 1.09%

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).

1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Sales
= 100 × 375 ÷ 14,561 = 2.58%

Segment profitability ratio Reportable segment The company
Segment profit margin International Foodservice Operations International Foodservice Operations segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.

Segment Profit Margin: SYGMA

Sysco Corp.; SYGMA; segment profit margin calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Operating income (loss) 72 57 (4) 53 37 28
Sales 7,768 7,843 7,246 6,499 5,556 6,244
Segment Profitability Ratio
Segment profit margin1 0.93% 0.72% -0.05% 0.81% 0.66% 0.44%

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).

1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Sales
= 100 × 72 ÷ 7,768 = 0.93%

Segment profitability ratio Reportable segment The company
Segment profit margin SYGMA SYGMA segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.

Segment Return on Assets (Segment ROA)

Sysco Corp., ROA by reportable segment

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
U.S. Foodservice Operations 29.37% 31.47% 33.25% 32.19% 30.13% 44.11%
International Foodservice Operations 4.97% 4.22% 1.55% -3.43% -5.93% 2.13%
SYGMA 7.80% 6.73% -0.44% 6.92% 5.38% 4.45%

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).

Segment profitability ratio Reportable segment The company
Segment ROA U.S. Foodservice Operations U.S. Foodservice Operations segment ROA deteriorated from 2022 to 2023 and from 2023 to 2024.
International Foodservice Operations International Foodservice Operations segment ROA improved from 2022 to 2023 and from 2023 to 2024.
SYGMA SYGMA segment ROA improved from 2022 to 2023 and from 2023 to 2024.

Segment ROA: U.S. Foodservice Operations

Sysco Corp.; U.S. Foodservice Operations; segment ROA calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Operating income (loss) 3,673 3,587 3,173 2,457 2,003 3,193
Assets 12,505 11,398 9,541 7,632 6,647 7,238
Segment Profitability Ratio
Segment ROA1 29.37% 31.47% 33.25% 32.19% 30.13% 44.11%

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).

1 2024 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Assets
= 100 × 3,673 ÷ 12,505 = 29.37%

Segment profitability ratio Reportable segment The company
Segment ROA U.S. Foodservice Operations U.S. Foodservice Operations segment ROA deteriorated from 2022 to 2023 and from 2023 to 2024.

Segment ROA: International Foodservice Operations

Sysco Corp.; International Foodservice Operations; segment ROA calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Operating income (loss) 375 313 102 (232) (371) 125
Assets 7,545 7,433 6,596 6,784 6,258 5,888
Segment Profitability Ratio
Segment ROA1 4.97% 4.22% 1.55% -3.43% -5.93% 2.13%

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).

1 2024 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Assets
= 100 × 375 ÷ 7,545 = 4.97%

Segment profitability ratio Reportable segment The company
Segment ROA International Foodservice Operations International Foodservice Operations segment ROA improved from 2022 to 2023 and from 2023 to 2024.

Segment ROA: SYGMA

Sysco Corp.; SYGMA; segment ROA calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Operating income (loss) 72 57 (4) 53 37 28
Assets 923 840 835 760 685 625
Segment Profitability Ratio
Segment ROA1 7.80% 6.73% -0.44% 6.92% 5.38% 4.45%

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).

1 2024 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Assets
= 100 × 72 ÷ 923 = 7.80%

Segment profitability ratio Reportable segment The company
Segment ROA SYGMA SYGMA segment ROA improved from 2022 to 2023 and from 2023 to 2024.

Segment Asset Turnover

Sysco Corp., asset turnover by reportable segment

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
U.S. Foodservice Operations 4.43 4.71 5.09 4.68 5.53 5.70
International Foodservice Operations 1.93 1.82 1.79 1.23 1.55 1.95
SYGMA 8.42 9.34 8.67 8.55 8.11 10.00

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).

Segment activity ratio Reportable segment The company
Segment asset turnover U.S. Foodservice Operations U.S. Foodservice Operations segment asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024.
International Foodservice Operations International Foodservice Operations segment asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024.
SYGMA SYGMA segment asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.

Segment Asset Turnover: U.S. Foodservice Operations

Sysco Corp.; U.S. Foodservice Operations; segment asset turnover calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Sales 55,339 53,683 48,521 35,725 36,774 41,288
Assets 12,505 11,398 9,541 7,632 6,647 7,238
Segment Activity Ratio
Segment asset turnover1 4.43 4.71 5.09 4.68 5.53 5.70

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).

1 2024 Calculation
Segment asset turnover = Sales ÷ Assets
= 55,339 ÷ 12,505 = 4.43

Segment activity ratio Reportable segment The company
Segment asset turnover U.S. Foodservice Operations U.S. Foodservice Operations segment asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024.

Segment Asset Turnover: International Foodservice Operations

Sysco Corp.; International Foodservice Operations; segment asset turnover calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Sales 14,561 13,560 11,787 8,351 9,672 11,493
Assets 7,545 7,433 6,596 6,784 6,258 5,888
Segment Activity Ratio
Segment asset turnover1 1.93 1.82 1.79 1.23 1.55 1.95

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).

1 2024 Calculation
Segment asset turnover = Sales ÷ Assets
= 14,561 ÷ 7,545 = 1.93

Segment activity ratio Reportable segment The company
Segment asset turnover International Foodservice Operations International Foodservice Operations segment asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024.

Segment Asset Turnover: SYGMA

Sysco Corp.; SYGMA; segment asset turnover calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Sales 7,768 7,843 7,246 6,499 5,556 6,244
Assets 923 840 835 760 685 625
Segment Activity Ratio
Segment asset turnover1 8.42 9.34 8.67 8.55 8.11 10.00

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).

1 2024 Calculation
Segment asset turnover = Sales ÷ Assets
= 7,768 ÷ 923 = 8.42

Segment activity ratio Reportable segment The company
Segment asset turnover SYGMA SYGMA segment asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.

Segment Capital Expenditures to Depreciation

Sysco Corp., capital expenditures to depreciation by reportable segment

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
U.S. Foodservice Operations 0.73 0.89 0.64 0.45 0.71 0.96
International Foodservice Operations 1.17 0.88 0.65 0.64 0.78 1.00
SYGMA 0.64 0.98 1.13 1.01 0.68 1.03

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).

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation U.S. Foodservice Operations U.S. Foodservice Operations segment capital expenditures to depreciation ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level.
International Foodservice Operations International Foodservice Operations segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024.
SYGMA SYGMA segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 and from 2023 to 2024.

Segment Capital Expenditures to Depreciation: U.S. Foodservice Operations

Sysco Corp.; U.S. Foodservice Operations; segment capital expenditures to depreciation calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Capital expenditures 366 389 262 163 264 327
Depreciation and amortization 499 437 407 367 374 342
Segment Financial Ratio
Segment capital expenditures to depreciation1 0.73 0.89 0.64 0.45 0.71 0.96

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).

1 2024 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 366 ÷ 499 = 0.73

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation U.S. Foodservice Operations U.S. Foodservice Operations segment capital expenditures to depreciation ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level.

Segment Capital Expenditures to Depreciation: International Foodservice Operations

Sysco Corp.; International Foodservice Operations; segment capital expenditures to depreciation calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Capital expenditures 289 193 155 152 218 250
Depreciation and amortization 247 218 240 238 279 249
Segment Financial Ratio
Segment capital expenditures to depreciation1 1.17 0.88 0.65 0.64 0.78 1.00

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).

1 2024 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 289 ÷ 247 = 1.17

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation International Foodservice Operations International Foodservice Operations segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024.

Segment Capital Expenditures to Depreciation: SYGMA

Sysco Corp.; SYGMA; segment capital expenditures to depreciation calculation

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Selected Financial Data (US$ in millions)
Capital expenditures 21 31 35 33 24 36
Depreciation and amortization 33 32 31 33 35 35
Segment Financial Ratio
Segment capital expenditures to depreciation1 0.64 0.98 1.13 1.01 0.68 1.03

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).

1 2024 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 21 ÷ 33 = 0.64

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation SYGMA SYGMA segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 and from 2023 to 2024.

Sales

Sysco Corp., sales by reportable segment

US$ in millions

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
U.S. Foodservice Operations 55,339 53,683 48,521 35,725 36,774 41,288
International Foodservice Operations 14,561 13,560 11,787 8,351 9,672 11,493
SYGMA 7,768 7,843 7,246 6,499 5,556 6,244
Other 1,176 1,239 1,082 724 891 1,088
Total 78,844 76,325 68,636 51,298 52,893 60,114

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).


Operating income (loss)

Sysco Corp., operating income (loss) by reportable segment

US$ in millions

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
U.S. Foodservice Operations 3,673 3,587 3,173 2,457 2,003 3,193
International Foodservice Operations 375 313 102 (232) (371) 125
SYGMA 72 57 (4) 53 37 28
Other 40 57 17 (21) 36
Total 4,160 4,013 3,289 2,276 1,647 3,382

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).


Depreciation and amortization

Sysco Corp., depreciation and amortization by reportable segment

US$ in millions

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
U.S. Foodservice Operations 499 437 407 367 374 342
International Foodservice Operations 247 218 240 238 279 249
SYGMA 33 32 31 33 35 35
Other 10 9 9 10 12 11
Total 789 695 687 648 700 638

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).


Capital expenditures

Sysco Corp., capital expenditures by reportable segment

US$ in millions

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
U.S. Foodservice Operations 366 389 262 163 264 327
International Foodservice Operations 289 193 155 152 218 250
SYGMA 21 31 35 33 24 36
Other 35 23 4 17 21 25
Total 711 636 457 365 526 638

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).


Assets

Sysco Corp., assets by reportable segment

US$ in millions

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
U.S. Foodservice Operations 12,505 11,398 9,541 7,632 6,647 7,238
International Foodservice Operations 7,545 7,433 6,596 6,784 6,258 5,888
SYGMA 923 840 835 760 685 625
Other 616 644 555 455 458 477
Total 21,589 20,315 17,527 15,632 14,049 14,228

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).