SYYNYSEWholesale-Groceries & Related ProductsFiscal year ends June 27
SYSCO CORP
Financials through Q4 FY2026, quarter ended Jun 27, 2026Last filing: 10-K on Aug 21, 2026
$81.59−0.63 (-0.77%)
Close on Oct 19, 2026
- Market cap
- $39.18B
- P/E (TTM)
- 22.3
- Dividend yield
- 2.66%
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
18.5%+0.3 pts over 5 years
Operating margin
3.7%+0.8 pts over 5 years
Net margin
2.1%+1.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.9% | +3.5% | +10.5% | +5.3% | |
| Gross profit | +4.5% | +3.9% | +10.8% | +5.6% | |
| Operating income | +0.2% | +0.6% | +16.4% | +5.3% | |
| Net income | -3.9% | -0.2% | +27.4% | – | |
| EPS, diluted | -1.9% | +1.8% | +29.1% | +8.4% | |
| Free cash flow | +20.8% | -2.3% | +6.2% | +2.9% | |
| Dividend per share | +4.8% | +3.3% | +3.6% | +5.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | 38.7% | 78.2% | |
| Return on assets | – | 2.4% | 6.4% | |
| Current ratio | 1.32 | 1.47 | 1.28 | |
| Debt to equity | 3.44 | 7.14 | 5.07 | |
| Net debt to EBITDA | 2.48× | 3.69× | 2.88× | |
| Capex to revenue | 1.2% | 0.9% | 0.8% | |
| Diluted shares | 549M | 514M | 481M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Sysco generated $12.80B from operations and spent $12.55B on capital expenditure, dividends and share buybacks. 31% of that went back into the business.
Generated
$12.80B
Used
$12.55B
Capital expenditure$3.86B31%Dividends$5.00B40%Share buybacks$3.68B29%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.1%
×Asset turnover3.07×
×Equity multiplier12.27×
=Return on equity, FY202678.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 2.1% | 3.07× | 12.27× | 78.2% |
| FY2025 | 2.2% | 3.15× | 14.01× | 99.1% |
| FY2024 | 2.5% | 3.30× | 12.34× | 101.1% |
| FY2023 | 2.3% | 3.40× | 13.24× | 104.4% |
| FY2022 | 2.0% | 3.16× | 14.82× | 92.6% |
| FY2021 | 1.0% | 2.33× | 16.24× | 38.7% |
| FY2020 | 0.4% | 2.61× | 11.09× | 11.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
7of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$1.76B
- Cash generatingOperating cash flow above zero$2.64B
- Return on assets improvedROA up on the prior year7.3% → 6.6%
- Earnings backed by cashOperating cash flow above net income$2.64B vs $1.76B
- Less leverageLong-term debt to assets fell46.2% → 43.4%
- Better liquidityCurrent ratio rose1.21 → 1.28
- No dilutionShare count did not rise490M → 481M
- Gross margin improvedGross margin up on the prior year18.40% → 18.50%
- More efficientAsset turnover rose3.27 → 3.16