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Sysco SYY Operating margin

Operating margin at other companies

Costco Wholesale logo
Costco WholesaleCOST
3.8%+0.1pp
Amazon logo
AmazonAMZN
11.5%+0.5pp
PFG
Performance Food GroupPFGC
1.2%-0.1pp
US Foods logo
US FoodsUSFD
3%0.0pp
General Mills logo
General MillsGIS
19%+0.7pp
Tyson Foods logo
Tyson FoodsTSN
2.1%-0.8pp

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

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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$37.78B-7.1%
Enterprise value$51.26B-4.4%
P/E21.8×+0.5×
P/S0.5×-0.1×

Profitability

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Gross margin18.5%+0.2pp
Net margin2.1%-0.3pp

Returns & leverage

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Return on equity82.3%-12.6pp
Debt / equity6.7×-0.9×
Current ratio1.3×+0.1×

Where this comes from

Calculated from Sysco’s reported figures.

Based on trailing twelve months.

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 operating margin?
Sysco (SYY) reported operating margin of 3.6% in Q1 2026.
How has Sysco's operating margin changed year-over-year?
Sysco's operating margin decreased by 8.7% year-over-year, from 3.9% to 3.6%.
What is the long-term trend for Sysco's operating margin?
Over 4 years (2021 to 2025), Sysco's operating margin has grown at a 33.7% compound annual growth rate (CAGR), from 4.9% to 15.7%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.