Sysco (SYY) financial statements
Sysco reported revenue of $84.6B in fiscal 2026, up 4.8% a year over 9 years.
Net income was $1.8B and the operating margin 3.7%, against 3.7% in 2017.
Free cash flow was $1.9B, and the company returned $1.0B in dividends and $200M in net buybacks.
The diluted share count fell 12% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Sysco's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $55.4B | $58.7B | $60.1B | $52.9B | $51.3B | $68.6B | $76.3B | $78.8B | $81.4B | $84.6B |
| Cost of revenue | $44.8B | $47.6B | $48.7B | $43.0B | $41.9B | $56.3B | $62.4B | $64.2B | $66.4B | $68.9B |
| Gross profit | $10.6B | $11.1B | $11.4B | $9.9B | $9.4B | $12.3B | $14.0B | $14.6B | $15.0B | $15.6B |
| Operating income | $2.1B | $2.3B | $2.3B | $750M | $1.4B | $2.3B | $3.0B | $3.2B | $3.1B | $3.1B |
| Pre-tax income | $1.8B | $2.0B | $2.0B | $293M | $585M | $1.7B | $2.3B | $2.6B | $2.4B | $2.3B |
| Income tax | $624M | $525M | $332M | $78M | $61M | $388M | $515M | $610M | $587M | $519M |
| Net income | $1.1B | $1.4B | $1.7B | $215M | $524M | $1.4B | $1.8B | $2.0B | $1.8B | $1.8B |
| EPS (diluted) | $2.08 | $2.70 | $3.20 | $0.42 | $1.02 | $2.64 | $3.47 | $3.89 | $3.73 | $3.66 |
| Diluted shares | 549M | 529M | 523M | 514M | 514M | 514M | 510M | 503M | 490M | 481M |
| Gross margin | 19.1% | 18.9% | 19.0% | 18.7% | 18.2% | 17.9% | 18.3% | 18.5% | 18.4% | 18.5% |
| Operating margin | 3.7% | 3.9% | 3.9% | 1.4% | 2.8% | 3.4% | 4.0% | 4.1% | 3.8% | 3.7% |
| Net margin | 2.1% | 2.4% | 2.8% | 0.4% | 1.0% | 2.0% | 2.3% | 2.5% | 2.2% | 2.1% |
Balance sheet
Fiscal years, from Sysco's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $870M | $552M | $513M | $6.1B | $3.0B | $873M | $757M | $720M | $1.1B | $1.8B |
| Total current assets | $8.0B | $8.0B | $8.1B | $12.3B | $10.7B | $10.5B | $10.6B | $11.0B | $12.0B | $13.4B |
| Property, plant and equipment | $4.4B | $4.5B | $4.5B | $4.5B | $4.3B | $4.5B | $4.9B | $5.5B | $6.1B | $6.0B |
| Goodwill | $3.9B | $4.0B | $3.9B | $3.7B | $3.9B | $4.5B | $4.6B | $5.2B | $5.2B | $5.2B |
| Total assets | $17.8B | $18.1B | $18.0B | $22.6B | $21.4B | $22.1B | $22.8B | $24.9B | $26.8B | $28.4B |
| Total current liabilities | $6.1B | $6.6B | $6.1B | $6.7B | $7.3B | $8.8B | $8.5B | $9.2B | $9.9B | $10.5B |
| Long-term debt | $7.7B | $7.5B | $8.1B | $12.9B | $10.6B | $10.1B | $10.3B | $11.5B | $12.4B | $12.3B |
| Total liabilities | $15.4B | $15.6B | $15.5B | $21.5B | $19.9B | $20.7B | $20.8B | $23.1B | $24.9B | $25.7B |
| Shareholders' equity | $2.4B | $2.5B | $2.5B | $1.2B | $1.6B | $1.4B | $2.0B | $1.9B | $1.8B | $2.7B |
| Net debt | $6.8B | $7.0B | $7.6B | $8.4B | $8.1B | $9.2B | $9.6B | $10.8B | $11.3B | $10.5B |
Cash flow
Fiscal years, from Sysco's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.2B | $2.2B | $2.4B | $1.6B | $1.9B | $1.8B | $2.9B | $3.0B | $2.5B | $2.6B |
| Capital spending | $686M | $688M | $692M | $720M | $471M | $633M | $793M | $832M | $906M | $700M |
| Free cash flow | $1.5B | $1.5B | $1.7B | $898M | $1.4B | $1.2B | $2.1B | $2.2B | $1.6B | $1.9B |
| Stock-based compensation | $84M | $94M | $105M | $42M | $96M | $122M | $96M | $104M | $93M | $118M |
| Dividends paid | $699M | $722M | $775M | $856M | $918M | $959M | $996M | $1.0B | $1.0B | $1.0B |
| Share buybacks (net) | -$1.9B | -$979M | -$1.0B | -$845M | $0 | -$500M | -$500M | -$1.2B | -$1.2B | -$200M |
| Net borrowing | $0 | -$282M | $0 | — | — | — | — | — | — | — |
| Free cash flow margin | 2.8% | 2.5% | 2.9% | 1.7% | 2.8% | 1.7% | 2.7% | 2.7% | 2.0% | 2.3% |
| Dividends per share | $1.27 | $1.36 | $1.48 | $1.67 | $1.79 | $1.87 | $1.95 | $2.00 | $2.04 | $2.16 |
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Open SYY in InvestinglyQuestions
What was Sysco's revenue in 2026?
$84.6B in fiscal 2026, from its 10-K filing.
How much free cash flow does Sysco generate?
$1.9B in fiscal 2026 (operating cash flow minus capital spending).
From Sysco's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.