Other

Cash paid for the purchase of federal tax credits

Sysco Cash paid for the purchase of federal tax credits increased by 20.5% to $241.00M in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOther
CategoryCapital Allocation
SignalLower is better
VolatilityModerate
First reportedQ3 2025
Last reportedQ3 2026Apr 29, 2026

How to read this metric

An increase suggests active tax management to reduce cash tax outflows, while a decrease may indicate fewer available credits or a shift in tax strategy.

Detailed definition

Cash expenditures made to acquire federal tax credits from third parties to reduce the company's overall tax liability....

Peer comparison

Common in capital-intensive industries or firms with significant tax planning activities.

Metric ID: other_payments_for_purchase_of_tax_credits

Historical Data

3 periods
 Q3 '25Q1 '26Q3 '26
Value$53.00M$200.00M$241.00M
QoQ Change+277.4%+20.5%
YoY Change+354.7%
Range$53.00M$241.00M
Avg YoY Growth+354.7%
Median YoY Growth+354.7%
Current Streak2+ quarters growth

Frequently Asked Questions

What is Sysco's cash paid for the purchase of federal tax credits?
Sysco (SYY) reported cash paid for the purchase of federal tax credits of $241.00M in Q1 2026.
What does cash paid for the purchase of federal tax credits mean?
Cash spent to buy tax credits that lower the company's tax bill.