What is Sysco's deferred tax assets?

Sysco (SYY) reported deferred tax assets of $380M in Q1 2026.

How has Sysco's deferred tax assets changed year-over-year?

Sysco's deferred tax assets increased by 11.1% year-over-year, from $342M to $380M.

What is the long-term trend for Sysco's deferred tax assets?

Over 4 years (2021 to 2025), Sysco's deferred tax assets has grown at a 23.8% compound annual growth rate (CAGR), from $147.07M to $345M.

What does deferred tax assets mean?

Future tax benefits from temporary differences, net operating loss carryforwards, and tax credit carryforwards that will reduce future tax payments.

Sysco SYY Deferred Tax Assets

Deferred Tax Assets at other companies

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$155M+72.2%

The Chef's WarehouseCHEF

$23.77M+47.9%

PFG

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$925.9M+4.8%

US FoodsUSFD

$438M+26.2%

HF Foods Group Inc.HFFG

$23.68M-16.4%

Hormel FoodsHRL

$657.43M+10.6%

Other financials

Income statement

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Revenue$20.5B+4.7%

Gross profit$3.8B+6.5%

Operating income$619.0M-9.1%

Net income$340.0M-15.2%

EPS (diluted)$0.71-13.4%

Balance sheet

See full

Cash & equivalents$1.9B+24.4%

Total debt$15.4B+5.3%

Total equity$2.3B+19.5%

Total assets$28.0B+6.2%

Cash flow

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Operating cash flow$852.0M+4.0%

CapEx$161.0M-19.1%

Free cash flow$691.0M+11.5%

Valuation

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Market cap$39.97B+12.3%

Enterprise value$53.45B+8.1%

P/E23×+3.5×

P/S0.5×0.0×

Profitability

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Gross margin18.5%+0.2pp

Operating margin3.6%-0.3pp

Net margin2.1%-0.3pp

FCF margin2.2%-0.4pp

Returns & leverage

See full

Return on equity82.3%-12.6pp

Debt / equity6.7×-0.9×

Current ratio1.3×+0.1×

Where this comes from

Reported directly by Sysco in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxLiabilitiesNet.

The official record: Sysco’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sysco's deferred tax assets?: Sysco (SYY) reported deferred tax assets of $380M in Q1 2026.
How has Sysco's deferred tax assets changed year-over-year?: Sysco's deferred tax assets increased by 11.1% year-over-year, from $342M to $380M.
What is the long-term trend for Sysco's deferred tax assets?: Over 4 years (2021 to 2025), Sysco's deferred tax assets has grown at a 23.8% compound annual growth rate (CAGR), from $147.07M to $345M.
What does deferred tax assets mean?: Future tax benefits from temporary differences, net operating loss carryforwards, and tax credit carryforwards that will reduce future tax payments.