Stock Analysis on Net

Sysco Corp. (NYSE:SYY)

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel

Historical Valuation Ratios (Summary)

Sysco Corp., historical price multiples (quarterly data)

Microsoft Excel
Jun 29, 2024 Mar 30, 2024 Dec 30, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Jan 1, 2022 Oct 2, 2021 Jul 3, 2021 Mar 27, 2021 Dec 26, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018
Price to earnings (P/E) 19.28 17.51 19.35 18.31 19.90 24.84 27.85 28.54 31.15 42.83 52.58 59.54 77.16 135.70 19.23 21.23 24.08 22.48
Price to operating profit (P/OP) 11.77 11.39 12.72 10.65 11.59 13.54 15.00 16.90 18.10 19.99 21.94 24.74 28.14 126.44 243.21 61.78 39.01 13.16 15.58 17.24 16.15
Price to sales (P/S) 0.48 0.47 0.52 0.43 0.46 0.51 0.54 0.58 0.62 0.65 0.68 0.73 0.79 0.96 0.85 0.63 0.55 0.44 0.64 0.68 0.63
Price to book value (P/BV) 20.26 17.31 16.76 15.58 17.54 24.38 27.53 37.01 30.62 32.41 33.82 24.39 26.05 30.44 27.33 23.80 25.24 12.98 15.23 16.64 15.04 15.86 15.48 12.70

Based on: 10-K (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-Q (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-K (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-Q (reporting date: 2021-10-02), 10-K (reporting date: 2021-07-03), 10-Q (reporting date: 2021-03-27), 10-Q (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-K (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-K (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Sysco Corp. P/E ratio decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 not reaching Q2 2024 level.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Sysco Corp. P/OP ratio decreased from Q2 2024 to Q3 2024 but then slightly increased from Q3 2024 to Q4 2024.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Sysco Corp. P/S ratio decreased from Q2 2024 to Q3 2024 but then slightly increased from Q3 2024 to Q4 2024.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Sysco Corp. P/BV ratio increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Price to Earnings (P/E)

Sysco Corp., historical P/E calculation (quarterly data)

Microsoft Excel
Jun 29, 2024 Mar 30, 2024 Dec 30, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Jan 1, 2022 Oct 2, 2021 Jul 3, 2021 Mar 27, 2021 Dec 26, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018
No. shares of common stock outstanding1 491,520,584 497,982,485 497,829,748 504,371,970 504,925,847 506,682,318 507,604,019 506,767,526 506,110,343 509,475,816 507,447,464 512,656,343 512,081,796 511,581,899 510,411,966 509,358,649 508,535,623 507,617,963 508,508,581 510,226,830 513,176,946 513,975,346 513,462,661 519,787,613
Selected Financial Data (US$)
Net earnings (loss) (in millions) 612 425 415 503 734 430 141 466 510 303 167 378 151 89 67 217 (618) (3) 383 454 536 440 267 431
Earnings per share (EPS)2 3.98 4.17 4.18 3.58 3.51 3.05 2.80 2.85 2.68 1.96 1.55 1.34 1.02 -0.48 -0.66 -0.04 0.42 2.70 3.57 3.33 3.26 0.00 0.00 0.00
Share price1, 3 76.67 73.05 80.93 65.65 69.76 75.80 77.92 81.45 83.63 84.06 81.39 79.60 78.99 83.04 76.40 60.74 57.50 51.88 75.70 80.08 73.35 72.90 65.35 64.45
Valuation Ratio
P/E ratio4 19.28 17.51 19.35 18.31 19.90 24.84 27.85 28.54 31.15 42.83 52.58 59.54 77.16 135.70 19.23 21.23 24.08 22.48
Benchmarks
P/E Ratio, Competitors5
Costco Wholesale Corp. 54.68 52.08 47.93 45.01 39.79 37.86 35.14 34.43 36.38 38.26 42.83 47.19 39.65 35.91 32.99 37.85 40.02 36.98 32.71 34.68 35.76
Dollar General Corp. 19.94 15.14 14.02 14.93 18.67 22.44 23.98 22.17 21.90 20.46 20.82 18.00 16.92 20.63 21.44 23.43 21.04 23.78 24.63 20.38 19.18
Target Corp. 18.60 16.59 16.67 23.57 27.08 21.82 17.50 13.23 14.38 17.57 19.28 18.16 20.39 23.56 21.44 22.08 16.12 19.66 17.35 13.68 13.56
Walmart Inc. 31.52 25.73 30.97 35.47 32.17 46.12 26.02 26.43 29.27 47.43 41.22 32.45 27.47 21.57 23.39 23.27 21.69 23.34 25.39 36.14 41.79

Based on: 10-K (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-Q (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-K (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-Q (reporting date: 2021-10-02), 10-K (reporting date: 2021-07-03), 10-Q (reporting date: 2021-03-27), 10-Q (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-K (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-K (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29).

1 Data adjusted for splits and stock dividends.

2 Q4 2024 Calculation
EPS = (Net earnings (loss)Q4 2024 + Net earnings (loss)Q3 2024 + Net earnings (loss)Q2 2024 + Net earnings (loss)Q1 2024) ÷ No. shares of common stock outstanding
= (611,678,000 + 424,688,000 + 415,242,000 + 503,392,000) ÷ 491,520,584 = 3.98

3 Closing price as at the filing date of Sysco Corp. Quarterly or Annual Report.

4 Q4 2024 Calculation
P/E ratio = Share price ÷ EPS
= 76.67 ÷ 3.98 = 19.28

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Sysco Corp. P/E ratio decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 not reaching Q2 2024 level.

Price to Operating Profit (P/OP)

Sysco Corp., historical P/OP calculation (quarterly data)

Microsoft Excel
Jun 29, 2024 Mar 30, 2024 Dec 30, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Jan 1, 2022 Oct 2, 2021 Jul 3, 2021 Mar 27, 2021 Dec 26, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018
No. shares of common stock outstanding1 491,520,584 497,982,485 497,829,748 504,371,970 504,925,847 506,682,318 507,604,019 506,767,526 506,110,343 509,475,816 507,447,464 512,656,343 512,081,796 511,581,899 510,411,966 509,358,649 508,535,623 507,617,963 508,508,581 510,226,830 513,176,946 513,975,346 513,462,661 519,787,613
Selected Financial Data (US$)
Operating income (in millions) 976 722 700 804 969 694 641 734 767 496 445 632 570 236 212 420 (532) 60 552 668 721 530 452 628
Operating profit per share2 6.51 6.42 6.36 6.16 6.02 5.60 5.20 4.82 4.62 4.20 3.71 3.22 2.81 0.66 0.31 0.98 1.47 3.94 4.86 4.65 4.54 0.00 0.00 0.00
Share price1, 3 76.67 73.05 80.93 65.65 69.76 75.80 77.92 81.45 83.63 84.06 81.39 79.60 78.99 83.04 76.40 60.74 57.50 51.88 75.70 80.08 73.35 72.90 65.35 64.45
Valuation Ratio
P/OP ratio4 11.77 11.39 12.72 10.65 11.59 13.54 15.00 16.90 18.10 19.99 21.94 24.74 28.14 126.44 243.21 61.78 39.01 13.16 15.58 17.24 16.15
Benchmarks
P/OP Ratio, Competitors5
Costco Wholesale Corp. 43.38 41.40 38.28 35.14 30.86 29.01 26.78 25.80 27.28 28.53 31.72 34.97 29.60 26.67 24.38 28.20 29.47 27.61 25.16 26.72 27.62
Dollar General Corp. 13.54 10.37 9.80 10.68 13.55 16.55 17.78 16.49 16.32 15.17 15.48 13.42 12.64 15.44 16.06 17.44 15.65 17.79 18.49 15.34 14.41
Target Corp. 13.48 12.05 11.95 16.74 19.56 15.72 12.81 9.79 11.17 13.72 14.12 13.29 13.62 15.26 15.20 15.33 11.35 13.94 12.44 9.80 9.69
Walmart Inc. 18.10 16.56 19.94 18.77 18.40 19.93 15.13 14.11 15.43 14.89 16.23 16.40 16.46 19.02 19.63 16.77 15.69 15.80 15.12 13.92 12.70

Based on: 10-K (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-Q (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-K (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-Q (reporting date: 2021-10-02), 10-K (reporting date: 2021-07-03), 10-Q (reporting date: 2021-03-27), 10-Q (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-K (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-K (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29).

1 Data adjusted for splits and stock dividends.

2 Q4 2024 Calculation
Operating profit per share = (Operating incomeQ4 2024 + Operating incomeQ3 2024 + Operating incomeQ2 2024 + Operating incomeQ1 2024) ÷ No. shares of common stock outstanding
= (976,329,000 + 722,046,000 + 700,043,000 + 803,582,000) ÷ 491,520,584 = 6.51

3 Closing price as at the filing date of Sysco Corp. Quarterly or Annual Report.

4 Q4 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 76.67 ÷ 6.51 = 11.77

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Sysco Corp. P/OP ratio decreased from Q2 2024 to Q3 2024 but then slightly increased from Q3 2024 to Q4 2024.

Price to Sales (P/S)

Sysco Corp., historical P/S calculation (quarterly data)

Microsoft Excel
Jun 29, 2024 Mar 30, 2024 Dec 30, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Jan 1, 2022 Oct 2, 2021 Jul 3, 2021 Mar 27, 2021 Dec 26, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018
No. shares of common stock outstanding1 491,520,584 497,982,485 497,829,748 504,371,970 504,925,847 506,682,318 507,604,019 506,767,526 506,110,343 509,475,816 507,447,464 512,656,343 512,081,796 511,581,899 510,411,966 509,358,649 508,535,623 507,617,963 508,508,581 510,226,830 513,176,946 513,975,346 513,462,661 519,787,613
Selected Financial Data (US$)
Sales (in millions) 20,556 19,380 19,288 19,620 19,728 18,876 18,594 19,127 18,957 16,902 16,320 16,457 16,137 11,825 11,559 11,777 8,867 13,699 15,025 15,303 15,475 14,658 14,766 15,215
Sales per share2 160.41 156.66 155.70 152.30 151.16 149.11 144.96 140.71 135.61 129.18 119.69 109.19 100.18 86.06 89.93 96.92 104.01 117.22 118.90 117.99 117.14 0.00 0.00 0.00
Share price1, 3 76.67 73.05 80.93 65.65 69.76 75.80 77.92 81.45 83.63 84.06 81.39 79.60 78.99 83.04 76.40 60.74 57.50 51.88 75.70 80.08 73.35 72.90 65.35 64.45
Valuation Ratio
P/S ratio4 0.48 0.47 0.52 0.43 0.46 0.51 0.54 0.58 0.62 0.65 0.68 0.73 0.79 0.96 0.85 0.63 0.55 0.44 0.64 0.68 0.63
Benchmarks
P/S Ratio, Competitors5
Costco Wholesale Corp. 1.61 1.50 1.33 1.22 1.05 0.98 0.92 0.89 0.95 1.01 1.15 1.22 1.03 0.93 0.82 0.97 0.98 0.87 0.80 0.86 0.88
Dollar General Corp. 0.86 0.74 0.78 0.92 1.19 1.46 1.57 1.46 1.54 1.47 1.57 1.43 1.33 1.62 1.60 1.57 1.30 1.45 1.50 1.26 1.19
Target Corp. 0.73 0.57 0.53 0.60 0.70 0.70 0.69 0.73 0.95 1.17 1.23 1.16 0.96 1.03 0.90 0.77 0.69 0.83 0.72 0.55 0.53
Walmart Inc. 0.76 0.66 0.70 0.65 0.62 0.70 0.62 0.60 0.70 0.67 0.74 0.71 0.67 0.78 0.78 0.66 0.62 0.65 0.63 0.59 0.55

Based on: 10-K (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-Q (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-K (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-Q (reporting date: 2021-10-02), 10-K (reporting date: 2021-07-03), 10-Q (reporting date: 2021-03-27), 10-Q (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-K (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-K (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29).

1 Data adjusted for splits and stock dividends.

2 Q4 2024 Calculation
Sales per share = (SalesQ4 2024 + SalesQ3 2024 + SalesQ2 2024 + SalesQ1 2024) ÷ No. shares of common stock outstanding
= (20,556,104,000 + 19,379,500,000 + 19,287,942,000 + 19,620,454,000) ÷ 491,520,584 = 160.41

3 Closing price as at the filing date of Sysco Corp. Quarterly or Annual Report.

4 Q4 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 76.67 ÷ 160.41 = 0.48

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Sysco Corp. P/S ratio decreased from Q2 2024 to Q3 2024 but then slightly increased from Q3 2024 to Q4 2024.

Price to Book Value (P/BV)

Sysco Corp., historical P/BV calculation (quarterly data)

Microsoft Excel
Jun 29, 2024 Mar 30, 2024 Dec 30, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Jan 1, 2022 Oct 2, 2021 Jul 3, 2021 Mar 27, 2021 Dec 26, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018
No. shares of common stock outstanding1 491,520,584 497,982,485 497,829,748 504,371,970 504,925,847 506,682,318 507,604,019 506,767,526 506,110,343 509,475,816 507,447,464 512,656,343 512,081,796 511,581,899 510,411,966 509,358,649 508,535,623 507,617,963 508,508,581 510,226,830 513,176,946 513,975,346 513,462,661 519,787,613
Selected Financial Data (US$)
Shareholders’ equity (in millions) 1,860 2,101 2,404 2,126 2,009 1,575 1,437 1,115 1,382 1,321 1,221 1,673 1,553 1,396 1,427 1,300 1,159 2,029 2,528 2,455 2,503 2,362 2,168 2,639
Book value per share (BVPS)2 3.78 4.22 4.83 4.21 3.98 3.11 2.83 2.20 2.73 2.59 2.41 3.26 3.03 2.73 2.80 2.55 2.28 4.00 4.97 4.81 4.88 4.60 4.22 5.08
Share price1, 3 76.67 73.05 80.93 65.65 69.76 75.80 77.92 81.45 83.63 84.06 81.39 79.60 78.99 83.04 76.40 60.74 57.50 51.88 75.70 80.08 73.35 72.90 65.35 64.45
Valuation Ratio
P/BV ratio4 20.26 17.31 16.76 15.58 17.54 24.38 27.53 37.01 30.62 32.41 33.82 24.39 26.05 30.44 27.33 23.80 25.24 12.98 15.23 16.64 15.04 15.86 15.48 12.70
Benchmarks
P/BV Ratio, Competitors5
Costco Wholesale Corp. 17.05 17.16 15.69 11.22 9.99 9.64 9.33 9.43 10.30 10.82 12.16 13.20 11.30 10.30 9.16 11.01 8.76 8.17 7.44 8.17 8.58 7.63 7.50 6.59
Dollar General Corp. 4.91 4.50 4.83 5.98 8.14 8.67 8.97 8.46 8.39 8.08 8.59 7.72 6.74 7.52 6.82 6.43 5.38 5.94 5.95 4.99 4.75 4.31 4.40 3.75
Target Corp. 5.73 4.81 4.69 5.53 6.70 6.83 6.98 7.19 7.79 8.63 8.18 7.50 6.17 6.76 6.00 5.48 4.47 5.53 4.62 3.71 3.52 3.36 4.08 3.43
Walmart Inc. 5.83 5.28 5.47 5.54 4.90 5.72 4.65 4.47 4.81 4.62 5.14 5.07 4.59 5.23 5.56 5.12 4.32 4.70 4.64 4.44 3.85 3.94 3.97 3.34

Based on: 10-K (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-Q (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-K (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-Q (reporting date: 2021-10-02), 10-K (reporting date: 2021-07-03), 10-Q (reporting date: 2021-03-27), 10-Q (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-K (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-K (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29).

1 Data adjusted for splits and stock dividends.

2 Q4 2024 Calculation
BVPS = Shareholders’ equity ÷ No. shares of common stock outstanding
= 1,860,000,000 ÷ 491,520,584 = 3.78

3 Closing price as at the filing date of Sysco Corp. Quarterly or Annual Report.

4 Q4 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 76.67 ÷ 3.78 = 20.26

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Sysco Corp. P/BV ratio increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.