PFGC vs SYY: Performance Food Group and Sysco compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Sysco is the larger company, worth $37.0B, about 2.6 times Performance Food Group.
- Performance Food Group grew revenue faster over the last year (+6.4% vs +4.7%).
- Sysco keeps more of each dollar of revenue as operating profit (3.7% vs 1.3%).
- On earnings, Sysco is the cheaper stock (21.5x vs 43.6x).
- Sysco's price assumes faster free cash flow growth: about 4% a year, against 0% for Performance Food Group (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | PFGC | SYY |
|---|---|---|
| Market cap | $14.4B | $37.0B |
| Share price | $93.48 | $78.14 |
| Revenue (last fiscal year) | $67.8B | $84.6B |
| Free cash flow (last fiscal year) | $1.0B | $1.9B |
| Revenue growth, last year | +6.4% | +4.7% |
| Revenue growth per year, last 5 fiscal years | +7.4% | +5.4% |
| Operating margin | 1.3% | 3.7% |
| Net margin | 0.53% | 2.1% |
| Return on equity | 7.3% | 65.9% |
| P/E (trailing) | 43.6x | 21.5x |
| Price / free cash flow | 20.4x | 20.8x |
| EV / EBITDA | 13.0x | 15.5x |
| FCF growth the price implies | 0.29% | 4.4% |
| Dividend yield | — | 2.8% |
| Debt / equity | 2.85x | 9.65x |
| Fundamental grade | C | D |
| Superinvestors holding it | 8 | 12 |
| Insider purchases, last 12 months | 2 | 1 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Performance Food Group
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $50.9B | $61M | 0.64% |
| 2023 | $57.3B | $562M | 1.3% |
| 2024 | $58.3B | $767M | 1.4% |
| 2025 | $63.3B | $704M | 1.3% |
| 2026 | $67.8B | $1.0B | 1.3% |
Sysco
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $68.6B | $1.2B | 3.4% |
| 2023 | $76.3B | $2.1B | 4.0% |
| 2024 | $78.8B | $2.2B | 4.1% |
| 2025 | $81.4B | $1.6B | 3.8% |
| 2026 | $84.6B | $1.9B | 3.7% |
Where the revenue comes from
Performance Food Group · by segments, 2026
Foodservice$36.5B54%
Convenience$26.0B38%
Specialty$5.1B7%
Corporate & All Other$275M0%
Sysco · by segments, 2026
U.S. Foodservice Operations$58.8B70%
International Foodservice Operations$16.0B19%
SYGMA$8.6B10%
Other$1.1B1%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open PFGC in InvestinglyQuestions
Which is bigger, Performance Food Group or Sysco?
Sysco (SYY), at $37.0B against $14.4B.
Is PFGC or SYY cheaper?
By trailing P/E, Sysco (21.5x) is cheaper than Performance Food Group (43.6x). A lower multiple can also mean the market expects less growth.
Which grows faster, PFGC or SYY?
Performance Food Group: revenue grew +6.4% over the last year, against +4.7%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.