OverviewSuggest Edit

Sysco Corporation is a global distributor of food and related products primarily to the foodservice or food-away-from-home industry. The company distributes a full line of frozen foods, canned and dry foods, fresh meats and seafood, dairy products, beverage products, imported specialties, and fresh produce. Sysco also supplies a variety of non-food items, including paper products, tableware, cookware, restaurant and kitchen equipment and supplies, and cleaning supplies. Its customers include restaurants, hospitals, schools, hotels, industrial caterers, and other similar venues.

TypePublic
Founded1969
HQHouston, TX, US
Websitesysco.com
Employee Ratings3.4
Overall CultureB-

Latest Updates

Employees (est.) (Jul 2020)57,000(-17%)
Job Openings1,846
Revenue (FY, 2020)$52.9 B(-12%)
Share Price (Jul 2021)$75.1(+2%)
Cybersecurity ratingCMore

Key People/Management at Sysco

Kevin Hourican

Kevin Hourican

President and Chief Executive Officer
Aaron Alt

Aaron Alt

Executive Vice President and Chief Financial Officer
Greg Bertrand

Greg Bertrand

Executive Vice President - U.S. Foodservice Operations
Joel Grade

Joel Grade

Executive Vice President, Business Development
Tim Ørting

Tim Ørting

Executive Vice President and President, Foodservice Operations, International
Marie Robinson

Marie Robinson

Executive Vice President - Chief Supply Chain Officer
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Sysco Office Locations

Sysco has offices in Houston, Albuquerque, Anchorage, Ankeny and in 93 other locations
Houston, TX, US (HQ)
1390 Enclave Pkwy
Albuquerque, NM, US
601 Comanche Rd NE
Anchorage, AK, US
6601 Changepoint Dr
Ankeny, IA, US
1 Sysco Drive
Baraboo, WI, US
910 South Blvd
Billings, MT, US
1509 Monad Rd
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Sysco Financials and Metrics

Sysco Revenue

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Sysco's revenue was reported to be $52.89 b in FY, 2020 which is a 12% decrease from the previous period.
USD

Revenue (Q3, 2021)

11.8b

Gross profit (Q3, 2021)

2.1b

Gross profit margin (Q3, 2021), %

18%

Net income (Q3, 2021)

88.9m

EBIT (Q3, 2021)

235.9m

Market capitalization (29-Jul-2021)

38.4b

Closing stock price (29-Jul-2021)

75.1

Cash (27-Mar-2021)

4.9b

EV

46.9b
Sysco's current market capitalization is $38.4 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

58.7b60.1b52.9b

Revenue growth, %

6%2%(12%)

Cost of goods sold

47.6b48.7b43.0b

Gross profit

11.1b11.4b9.9b
Quarterly
USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

14.3b15.2b14.8b14.7b15.3b15.0b13.7b11.8b11.6b11.8b

Cost of goods sold

11.7b12.3b12.0b11.9b12.4b12.2b11.1b9.6b9.5b9.7b

Gross profit

2.7b2.9b2.8b2.8b2.9b2.8b2.6b2.2b2.1b2.1b

Gross profit Margin, %

19%19%19%19%19%19%19%19%18%18%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

552.3m513.5m6.1b

Accounts Receivable

4.1b4.2b2.9b

Prepaid Expenses

187.9m210.6m192.2m

Inventories

3.1b3.2b3.1b
Quarterly
USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

901.6m790.3m744.8m521.6m455.5m524.6m2.2b6.0b5.8b4.9b

Accounts Receivable

4.2b4.2b4.1b4.3b4.4b4.4b3.7b3.1b2.9b3.2b

Prepaid Expenses

231.1m215.7m212.3m211.2m235.0m245.5m234.9m197.1m223.9m250.0m

Inventories

3.3b3.4b3.3b3.3b3.4b3.5b3.7b3.1b3.1b3.2b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

1.4b1.7b215.5m

Depreciation and Amortization

765.5m763.9m914.1m

Inventories

(89.7m)(114.7m)114.6m

Accounts Payable

76.9m246.4m(834.1m)
USDQ3, 2018

Debt/Equity

3.9 x

Debt/Assets

0.5 x

Financial Leverage

7.9 x
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Sysco Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Customer Locations

425 k425 k500 k600 k650 k625 k

Distribution Sites

197199324332325326

Facility Space, sq. ft.

26.99 m27.47 m48.72 k48.96 m52.65 m53.17 m

Delivery Vehicles

9.6 k10.2 k13.4 k14 k14 k14 k
Show all operating metrics

Sysco Acquisitions / Subsidiaries

Company NameDateDeal Size
UpsysSeptember 25, 2019
J. Kings Food Service ProfessionalsAugust 12, 2019
J & M Wholesale MeatsApril 12, 2019
Waugh FoodsJanuary 28, 2019
Doerle Food ServiceFebruary 20, 2018
Supplies on the FlyJuly 05, 2016
North Star SeafoodFebruary 26, 2016
Brake BrosFebruary 23, 2016$3.1 b
Buchy Food ServiceJanuary 10, 2013
Central Seafood Co.January 10, 2013
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Sysco Revenue Breakdown

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Sysco revenue breakdown by business segment: 69.5% from U.S. Foodservice Operations, 10.5% from SYGMA, 18.3% from International Foodservice Operations and 1.7% from Other

Sysco revenue breakdown by geographic segment: 7.8% from Canada, 80.9% from United States and 11.3% from Other

Sysco Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Sysco Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Sysco Online and Social Media Presence

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Sysco Company Culture

  • Overall Culture

    B-

    68/100

  • CEO Rating

    C+

    68/100

  • Compensation

    B

    70/100

  • Diversity

    C

    63/100

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Sysco News and Updates

America’s Restaurant Recovery Speeds Past 2019 Levels, Sysco CEO Says

America’s Restaurant Recovery Speeds Past 2019 Levels, Sysco CEO Says

Sysco to Release Fourth Quarter and Fiscal Year 2021 Financial Results on August 10

HOUSTON, July 27, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its fourth quarter and fiscal year 2021 financial results at 10 a.m. (Eastern) on Tuesday, August 10, 2021.

Sysco Partners with SAVRpak to Change the Future of Food Delivery, Ensure Meals Stay Fresh and Crisp in Transit

Patented technology removes moisture from food containers,ensuring takeout/delivery/curbside meals taste the same as dine-in

Sysco Corporation Announces Pricing of its Pending Cash Tender Offer to Purchase Certain Outstanding Senior Notes and Debentures

HOUSTON, June 04, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “Company”) today announced the pricing terms, as shown in the table below, for Sysco’s previously announced cash tender offer (the “Offer”) to purchase its 7.160% Debentures due 2027 (the “7.160% Debentures”),…

Sysco Corporation Announces Early Tender Results And Upsizing of its Pending Cash Tender Offer to Purchase Certain Outstanding Senior Notes and Debentures

HOUSTON, June 04, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “Company”) today announced the early tender results as of the Early Tender Time (as defined below) in connection with Sysco’s previously announced cash tender offer (the “Offer”) to purchase its 7.160% Debentu…

Sysco Corporation Announces Cash Tender Offer to Purchase Outstanding Senior Notes and Debentures

Offer to Purchase Up to the Tender Caps and Subject to the Priorities Set Forth Below of Outstanding 7.160% Debentures due 2027, 6.500% Debentures due 2028, 6.625% Senior Notes due 2039, 5.950% Senior Notes due 2030, 6.600% Senior Notes due 2040 and 6.600% Senior Notes due 2050 Offer to Purchase Up …
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Sysco Frequently Asked Questions

  • When was Sysco founded?

    Sysco was founded in 1969.

  • Who are Sysco key executives?

    Sysco's key executives are Kevin Hourican, Aaron Alt and Greg Bertrand.

  • How many employees does Sysco have?

    Sysco has 57,000 employees.

  • What is Sysco revenue?

    Latest Sysco annual revenue is $52.9 b.

  • What is Sysco revenue per employee?

    Latest Sysco revenue per employee is $928 k.

  • Who are Sysco competitors?

    Competitors of Sysco include Masan Group, Farmer Brothers and Reyes Holdings.

  • Where is Sysco headquarters?

    Sysco headquarters is located at 1390 Enclave Pkwy, Houston.

  • Where are Sysco offices?

    Sysco has offices in Houston, Albuquerque, Anchorage, Ankeny and in 93 other locations.

  • How many offices does Sysco have?

    Sysco has 101 offices.