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Tax benefit

Sysco Tax benefit remained flat by 0.0% to $3.75M in Q2 2025 compared to the prior quarter. Year-over-year, this metric declined by 11.8%, from $4.25M to $3.75M. Over 4 years (FY 2021 to FY 2025), Tax benefit shows a downward trend with a -4.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ4 2025Aug 22, 2025

How to read this metric

An increase in tax benefits generally follows periods of high option exercise activity.

Detailed definition

The total income tax benefit realized by the company resulting from the exercise or vesting of share-based compensation...

Peer comparison

Standard tax disclosure; highly correlated with the volume and value of employee equity exercises.

Metric ID: other_employee_service_share_based_compensation_tax_bene_20cafc

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$17.8M$19M$16M$17M$15M
YoY Change+6.7%-15.8%+6.3%-11.8%
Range$15M$19M
CAGR-4.2%
Avg YoY Growth-3.6%
Median YoY Growth-2.8%

Frequently Asked Questions

What is Sysco's tax benefit?
Sysco (SYY) reported tax benefit of $3.75M in Q2 2025.
How has Sysco's tax benefit changed year-over-year?
Sysco's tax benefit decreased by 11.8% year-over-year, from $4.25M to $3.75M.
What is the long-term trend for Sysco's tax benefit?
Over 4 years (2021 to 2025), Sysco's tax benefit has grown at a -4.2% compound annual growth rate (CAGR), from $17.8M to $15M.
What does tax benefit mean?
The tax savings the company receives when employees exercise or vest their stock awards.