What is Sysco's earnings per share (EPS)?

Sysco (SYY) reported diluted earnings per share of $3.73 for fiscal year 2025. This represents a 7.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Sysco Financials

SYY

Source SEC Filings (10-K/10-Q) Updated Dec 27, 2025 Currency USD FYE June

This page shows Sysco (SYY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 37/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Sysco has an operating margin of 3.8%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 31/100, indicating healthy but not exceptional operating efficiency. This is down from 4.0% the prior year.

Growth

Sysco's revenue grew 6.6% year-over-year to $81.4B, a solid pace of expansion. This earns a growth score of 44/100.

Leverage

Sysco has elevated debt relative to equity (D/E of 6.75), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity

Sysco's current ratio of 1.21 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 19/100, which could limit financial flexibility.

Cash Flow

Sysco has a free cash flow margin of 2.0%, earning a moderate score of 30/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

100

Sysco earns a strong 99.9% return on equity (ROE), meaning it generates $100 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is up from 83.3% the prior year.

Piotroski F-Score Neutral

5/9

Sysco passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.37x

For every $1 of reported earnings, Sysco generates $1.37 in operating cash flow ($2.5B OCF vs $1.8B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

5.1x

Sysco earns $5.1 in operating income for every $1 of interest expense ($3.1B vs $607.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$81.4B

YoY+6.6%

5Y CAGR+6.2%

10Y CAGR+6.2%

Sysco generated $81.4B in revenue in fiscal year 2025. This represents an increase of 6.6% from the prior year.

EBITDA

$4.0B

YoY+5.7%

5Y CAGR+5.4%

10Y CAGR+6.4%

Sysco's EBITDA was $4.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 5.7% from the prior year.

Net Income

$1.8B

YoY+3.3%

5Y CAGR+1.8%

10Y CAGR+6.3%

Sysco reported $1.8B in net income in fiscal year 2025. This represents an increase of 3.3% from the prior year.

EPS (Diluted)

$3.73

YoY+7.5%

5Y CAGR+3.1%

10Y CAGR+8.4%

Sysco earned $3.73 per diluted share (EPS) in fiscal year 2025. This represents an increase of 7.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$1.6B

YoY-22.7%

5Y CAGR-1.4%

10Y CAGR+6.0%

Sysco generated $1.6B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 22.7% from the prior year.

Cash & Debt

$1.1B

YoY+88.2%

5Y CAGR+15.8%

10Y CAGR+10.0%

Sysco held $1.1B in cash against $12.4B in long-term debt as of fiscal year 2025.

Dividends Per Share

$2.07

YoY+5.1%

5Y CAGR+6.2%

10Y CAGR+6.4%

Sysco paid $2.07 per share in dividends in fiscal year 2025. This represents an increase of 5.1% from the prior year.

Shares Outstanding

478M

YoY-5.2%

5Y CAGR-1.4%

10Y CAGR-2.1%

Sysco had 478M shares outstanding in fiscal year 2025. This represents a decrease of 5.2% from the prior year.

Margins & Returns

Gross Margin

18.4%

YoY+0.1pp

5Y CAGR-0.6pp

10Y CAGR+0.4pp

Sysco's gross margin was 18.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the prior year.

Operating Margin

3.8%

YoY-0.2pp

5Y CAGR-0.1pp

10Y CAGR+0.1pp

Sysco's operating margin was 3.8% in fiscal year 2025, reflecting core business profitability. This is down 0.2 percentage points from the prior year.

Net Margin

2.3%

YoY-0.1pp

5Y CAGR-0.5pp

10Y CAGR+0.0pp

Sysco's net profit margin was 2.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.1 percentage points from the prior year.

Return on Equity

99.9%

YoY+16.6pp

5Y CAGR+33.0pp

10Y CAGR+80.8pp

Sysco's ROE was 99.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 16.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$1.3B

YoY+150.0%

5Y CAGR+4.1%

10Y CAGR+5.6%

Sysco spent $1.3B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 150.0% from the prior year.

Capital Expenditures

$906.0M

YoY+14.2%

5Y CAGR+5.5%

10Y CAGR+5.9%

Sysco invested $906.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 14.2% from the prior year.

SYY Income Statement

Metric	FY25	FY23	FY22	FY21	FY20	FY19
Revenue	$81.4B+6.6%	$76.3B+11.2%	$68.6B+33.8%	$51.3B-3.0%	$52.9B-12.0%	$60.1B
Cost of Revenue	$66.4B+6.5%	$62.4B+10.8%	$56.3B+34.3%	$41.9B-2.4%	$43.0B-11.7%	$48.7B
Gross Profit	$15.0B+7.3%	$14.0B+13.3%	$12.3B+31.7%	$9.4B-5.5%	$9.9B-13.2%	$11.4B
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$3.1B+1.6%	$3.0B+29.5%	$2.3B+62.1%	$1.4B+93.1%	$749.5M-67.8%	$2.3B
Interest Expense	-$607.0M-15.2%	-$527.0M+15.5%	-$624.0M+29.1%	-$880.1M-115.6%	-$408.2M-13.3%	-$360.4M
Income Tax	$587.0M+14.0%	$515.0M+32.7%	$388.0M+541.1%	$60.5M-22.3%	$77.9M-76.5%	$331.6M
Net Income	$1.8B+3.3%	$1.8B+30.2%	$1.4B+159.2%	$524.2M+143.3%	$215.5M-87.1%	$1.7B
EPS (Diluted)	$3.73+7.5%	$3.47+31.4%	$2.64+158.8%	$1.02+142.9%	$0.42-86.9%	$3.20

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$20.8B-1.8%	$21.1B+0.1%	$21.1B+7.9%	$19.6B-2.7%	$20.2B-1.6%	$20.5B	N/A	$19.4B
Cost of Revenue	$17.0B-1.6%	$17.2B+0.6%	$17.2B+7.1%	$16.0B-2.9%	$16.5B-1.4%	$16.7B	N/A	$15.8B
Gross Profit	$3.8B-2.8%	$3.9B-2.1%	$4.0B+11.3%	$3.6B-1.9%	$3.6B-2.7%	$3.8B	N/A	$3.6B
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$692.0M-13.5%	$800.0M-9.8%	$887.0M+30.2%	$681.0M-4.4%	$712.0M-11.9%	$808.0M	N/A	$722.0M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$157.9M
Income Tax	$121.0M-2.4%	$124.0M-33.3%	$186.0M+52.5%	$122.0M-3.9%	$127.0M-16.4%	$152.0M	N/A	$129.0M
Net Income	$389.0M-18.3%	$476.0M-10.4%	$531.0M+32.4%	$401.0M-1.2%	$406.0M-17.1%	$490.0M	N/A	$425.0M
EPS (Diluted)	$0.81-18.2%	$0.99	N/A	$0.820.0%	$0.82-17.2%	$0.99	N/A	$0.85

SYY Balance Sheet

Metric	FY25	FY23	FY22	FY21	FY20	FY19
Total Assets	$26.8B+15.0%	$23.3B+4.8%	$22.2B+0.5%	$22.1B-2.3%	$22.6B+25.9%	$18.0B
Current Assets	$12.0B+9.8%	$10.9B+1.2%	$10.8B+0.7%	$10.7B-13.4%	$12.3B+51.7%	$8.1B
Cash & Equivalents	$1.1B+88.2%	$569.0M+30.0%	$437.7M-78.8%	$2.1B-65.9%	$6.1B+1080.1%	$513.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$5.2B+10.8%	$4.7B+6.4%	$4.4B+0.7%	$4.4B+17.9%	$3.7B-4.2%	$3.9B
Total Liabilities	$24.9B+18.0%	$21.1B+0.2%	$21.1B+3.3%	$20.4B-4.8%	$21.5B+38.8%	$15.5B
Current Liabilities	$9.9B+17.3%	$8.5B-5.6%	$9.0B+15.8%	$7.7B+15.2%	$6.7B+10.1%	$6.1B
Long-Term Debt	$12.4B+15.5%	$10.7B+4.3%	$10.3B-3.6%	$10.6B-17.5%	$12.9B+58.9%	$8.1B
Total Equity	$1.8B-13.9%	$2.1B+90.6%	$1.1B-33.3%	$1.7B+44.4%	$1.2B-53.7%	$2.5B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$27.2B+0.5%	$27.0B+1.0%	$26.8B+1.6%	$26.3B+4.1%	$25.3B-2.2%	$25.9B+3.9%	$24.9B+0.8%	$24.7B
Current Assets	$12.4B0.0%	$12.4B+3.7%	$12.0B-2.6%	$12.3B+6.8%	$11.5B-3.1%	$11.9B+7.5%	$11.0B-1.4%	$11.2B
Cash & Equivalents	$1.2B+44.8%	$844.0M-21.2%	$1.1B-29.9%	$1.5B+92.6%	$793.0M+8.2%	$733.0M+5.3%	$696.0M+16.4%	$598.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$5.3B+1.8%	$5.2B-0.8%	$5.2B+0.6%	$5.2B+1.1%	$5.1B-2.1%	$5.3B+1.9%	$5.2B-1.3%	$5.2B
Total Liabilities	$24.9B-0.3%	$25.0B+0.1%	$24.9B+2.1%	$24.4B+4.8%	$23.3B-1.6%	$23.7B+2.7%	$23.1B+2.0%	$22.6B
Current Liabilities	$9.6B-11.3%	$10.8B+9.0%	$9.9B+1.9%	$9.7B+1.9%	$9.6B+1.6%	$9.4B+1.7%	$9.2B+10.5%	$8.4B
Long-Term Debt	$12.4B+8.6%	$11.5B-7.3%	$12.4B+1.0%	$12.2B+7.4%	$11.4B-4.0%	$11.9B+3.1%	$11.5B-5.0%	$12.1B
Total Equity	$2.3B+10.4%	$2.1B+13.0%	$1.8B-4.8%	$1.9B-4.6%	$2.0B-8.7%	$2.2B+18.7%	$1.9B-11.5%	$2.1B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SYY Cash Flow Statement

Metric	FY25	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$2.5B-12.5%	$2.9B+60.1%	$1.8B-5.9%	$1.9B+17.6%	$1.6B-32.9%	$2.4B
Capital Expenditures	$906.0M+14.2%	$793.0M+25.3%	$633.0M+34.5%	$470.7M-34.7%	$720.4M+4.0%	$692.4M
Free Cash Flow	$1.6B-22.7%	$2.1B+79.2%	$1.2B-19.2%	$1.4B+59.5%	$898.3M-47.7%	$1.7B
Investing Cash Flow	-$717.0M+8.7%	-$785.0M+58.2%	-$1.9B-338.1%	-$428.7M+43.3%	-$756.3M-1.8%	-$742.9M
Financing Cash Flow	-$1.4B+31.3%	-$2.1B-3.5%	-$2.0B+57.1%	-$4.6B-198.1%	$4.7B+356.9%	-$1.8B
Dividends Paid	$1.0B+0.4%	$996.0M+3.9%	$959.0M+4.5%	$917.6M+7.2%	$856.3M+10.4%	$775.4M
Share Buybacks	$1.3B+150.0%	$500.0M0.0%	$500.0M	$0-100.0%	$844.7M-17.4%	$1.0B

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$525.0M+510.5%	$86.0M-92.8%	$1.2B+45.7%	$819.0M+84.0%	$445.0M+739.6%	$53.0M	N/A	$517.0M
Capital Expenditures	$140.0M-12.5%	$160.0M-57.2%	$374.0M+87.9%	$199.0M-5.7%	$211.0M+73.0%	$122.0M	N/A	$183.0M
Free Cash Flow	$385.0M+620.3%	-$74.0M-109.0%	$819.0M+32.1%	$620.0M+165.0%	$234.0M+439.1%	-$69.0M	N/A	$334.0M
Investing Cash Flow	-$193.0M-80.4%	-$107.0M+67.1%	-$325.0M-72.9%	-$188.0M-19.0%	-$158.0M-243.5%	-$46.0M	N/A	-$196.0M
Financing Cash Flow	-$67.0M+65.6%	-$195.0M+82.5%	-$1.1B-1786.4%	$66.0M+128.2%	-$234.0M-78.6%	-$131.0M	N/A	-$718.0M
Dividends Paid	$259.0M0.0%	$259.0M+4.4%	$248.0M-0.4%	$249.0M-1.2%	$252.0M+0.4%	$251.0M	N/A	$252.0M
Share Buybacks	$0	$0-100.0%	$550.0M+37.5%	$400.0M+108.3%	$192.0M+77.8%	$108.0M	N/A	$500.0M

SYY Financial Ratios

Metric	FY25	FY23	FY22	FY21	FY20	FY19
Gross Margin	18.4%+0.1pp	18.3%+0.3pp	17.9%-0.3pp	18.2%-0.5pp	18.7%-0.3pp	19.0%
Operating Margin	3.8%-0.2pp	4.0%+0.6pp	3.4%+0.6pp	2.8%+1.4pp	1.4%-2.5pp	3.9%
Net Margin	2.3%-0.1pp	2.3%+0.3pp	2.0%+1.0pp	1.0%+0.6pp	0.4%-2.4pp	2.8%
Return on Equity	99.9%+16.6pp	83.3%-38.6pp	121.8%+90.5pp	31.3%+12.7pp	18.6%-48.3pp	66.9%
Return on Assets	6.8%-0.8pp	7.6%+1.5pp	6.1%+3.8pp	2.4%+1.4pp	0.9%-8.4pp	9.3%
Current Ratio	1.21-0.1	1.29+0.1	1.20-0.2	1.38-0.5	1.84+0.5	1.33
Debt-to-Equity	6.75+1.7	5.03-4.2	9.20+2.8	6.36-4.8	11.14+7.9	3.25
FCF Margin	2.0%-0.8pp	2.7%+1.0pp	1.7%-1.1pp	2.8%+1.1pp	1.7%-1.2pp	2.9%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	18.3%-0.2pp	18.4%-0.4pp	18.9%+0.6pp	18.3%+0.2pp	18.1%-0.2pp	18.3%	N/A	18.6%
Operating Margin	3.3%-0.4pp	3.8%-0.4pp	4.2%+0.7pp	3.5%-0.1pp	3.5%-0.4pp	3.9%	N/A	3.7%
Net Margin	1.9%-0.4pp	2.3%-0.3pp	2.5%+0.5pp	2.1%+0.0pp	2.0%-0.4pp	2.4%	N/A	2.2%
Return on Equity	17.0%-6.0pp	23.0%-6.0pp	29.0%+8.2pp	20.9%+0.7pp	20.2%-2.0pp	22.2%	N/A	20.2%
Return on Assets	1.4%-0.3pp	1.8%-0.2pp	2.0%+0.5pp	1.5%-0.1pp	1.6%-0.3pp	1.9%	N/A	1.7%
Current Ratio	1.30+0.1	1.15-0.1	1.21-0.1	1.26+0.1	1.20-0.1	1.26+0.1	1.20-0.1	1.34
Debt-to-Equity	5.45-0.1	5.54-1.2	6.75+0.4	6.37+0.7	5.66+0.3	5.38-0.8	6.19+0.4	5.77
FCF Margin	1.8%+2.2pp	-0.4%-4.2pp	3.9%+0.7pp	3.2%+2.0pp	1.2%+1.5pp	-0.3%	N/A	1.7%

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Frequently Asked Questions

What is Sysco's annual revenue?

Sysco (SYY) reported $81.4B in total revenue for fiscal year 2025. This represents a 6.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Sysco's revenue growing?

Sysco (SYY) revenue grew by 6.6% year-over-year, from $76.3B to $81.4B in fiscal year 2025.

Is Sysco profitable?

Yes, Sysco (SYY) reported a net income of $1.8B in fiscal year 2025, with a net profit margin of 2.3%.

What is Sysco's EBITDA?

Sysco (SYY) had EBITDA of $4.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Sysco have?

As of fiscal year 2025, Sysco (SYY) had $1.1B in cash and equivalents against $12.4B in long-term debt.

What is Sysco's gross margin?

Sysco (SYY) had a gross margin of 18.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Sysco's operating margin?

Sysco (SYY) had an operating margin of 3.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Sysco's net profit margin?

Sysco (SYY) had a net profit margin of 2.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Sysco pay dividends?

Yes, Sysco (SYY) paid $2.07 per share in dividends during fiscal year 2025.

What is Sysco's return on equity (ROE)?

Sysco (SYY) has a return on equity of 99.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Sysco's free cash flow?

Sysco (SYY) generated $1.6B in free cash flow during fiscal year 2025. This represents a -22.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Sysco's operating cash flow?

Sysco (SYY) generated $2.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Sysco's total assets?

Sysco (SYY) had $26.8B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Sysco's capital expenditures?

Sysco (SYY) invested $906.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Sysco buy back shares?

Yes, Sysco (SYY) spent $1.3B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Sysco have outstanding?

Sysco (SYY) had 478M shares outstanding as of fiscal year 2025.

What is Sysco's current ratio?

Sysco (SYY) had a current ratio of 1.21 as of fiscal year 2025, which is considered adequate.

What is Sysco's debt-to-equity ratio?

Sysco (SYY) had a debt-to-equity ratio of 6.75 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Sysco's return on assets (ROA)?

Sysco (SYY) had a return on assets of 6.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Sysco's Piotroski F-Score?

Sysco (SYY) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Sysco's earnings high quality?

Sysco (SYY) has an earnings quality ratio of 1.37x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Sysco cover its interest payments?

Sysco (SYY) has an interest coverage ratio of 5.1x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Sysco?

Sysco (SYY) scores 37 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.