Sysco

OverviewSuggest Edit

Sysco is a multinational corporation that markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. It operates through three segments: U.S. Foodservice Operations, International Foodservice Operations, and SYGMA. The company distributes frozen foods, canned and dry foods, fresh meats and seafood, dairy products, beverage products, imported specialties, and fresh produce. It also supplies various non-food items, including paper products, tableware, cookware, restaurant and kitchen equipment and supplies, and cleaning supplies.

TypePublic
Founded1969
HQHouston, TX, USMap
Websitesysco.com
Employee Ratings3.4More
Overall CultureB-More
View Jobs (1)

Recent NewsAll News

Latest Updates

Employees (est.) (Jul 2020)57,000(-17%)
Job Openings1
Revenue (FY, 2020)$52.9 B(-12%)
Share Price (Jan 2021)$74.9
Cybersecurity ratingBMore

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
Marie Robinson

Marie Robinson

Executive Vice President and Chief Supply Chain Officer
Joel Grade

Joel Grade

Executive Vice President, Business Development
Tim Ørting

Tim Ørting

Executive Vice President and President, Foodservice Operations - International
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Sysco Office Locations

Sysco has offices in Houston, Albuquerque, Ankeny, Baraboo and in 91 other locations
Houston, TX, US (HQ)
1390 Enclave Pkwy
Albuquerque, NM, US
601 Comanche Rd NE
Ankeny, IA, US
1 Sysco Drive
Baraboo, WI, US
910 South Blvd
Billings, MT, US
1509 Monad Rd
Boise, ID, US
5710 Pan Am Ave
Show all (99)

Sysco Financials and Metrics

Sysco Revenue

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Sysco's revenue was reported to be $52.89 b in FY, 2020
USD

Revenue (Q1, 2021)

11.8b

Gross profit (Q1, 2021)

2.2b

Gross profit margin (Q1, 2021), %

18.8%

Net income (Q1, 2021)

216.9m

EBIT (Q1, 2021)

419.6m

Market capitalization (19-Jan-2021)

38.1b

Closing stock price (19-Jan-2021)

74.9

Cash (26-Sept-2020)

6.0b

EV

46.6b
Sysco's current market capitalization is $38.1 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

50.4b55.4b58.7b60.1b52.9b

Revenue growth, %

3%10%6%

Cost of goods sold

41.3b44.8b47.6b48.7b43.0b

Gross profit

9.0b10.6b11.1b11.4b9.9b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

12.6b12.2b12.0b14.0b13.5b13.5b14.7b14.4b14.3b15.2b14.8b14.7b15.3b15.0b13.7b11.8b

Cost of goods sold

10.3b10.0b9.9b11.3b10.9b11.0b11.9b11.7b11.7b12.3b12.0b11.9b12.4b12.2b11.1b9.6b

Gross profit

2.2b2.2b2.1b2.7b2.6b2.5b2.8b2.7b2.7b2.9b2.8b2.8b2.9b2.8b2.6b2.2b

Gross profit Margin, %

18%18%18%19%19%19%19%19%19%19%19%19%19%19%19%19%
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Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

3.9b869.5m552.3m513.5m6.1b

Accounts Receivable

3.4b4.0b4.1b4.2b2.9b

Prepaid Expenses

114.5m139.2m187.9m210.6m192.2m

Inventories

2.6b3.0b3.1b3.2b3.1b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

388.3m595.6m610.8m759.9m847.3m855.1m909.2m961.1m901.6m790.3m744.8m521.6m455.5m524.6m2.2b6.0b

Accounts Receivable

3.5b3.4b3.5b4.2b4.0b4.3b4.3b4.0b4.2b4.2b4.1b4.3b4.4b4.4b3.7b3.1b

Prepaid Expenses

93.0m83.3m119.4m158.3m142.3m139.3m173.5m183.4m231.1m215.7m212.3m211.2m235.0m245.5m234.9m197.1m

Inventories

2.8b2.7b2.7b3.0b3.0b2.9b3.2b3.2b3.3b3.4b3.3b3.3b3.4b3.5b3.7b3.1b
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Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

949.6m1.1b1.4b1.7b215.5m

Depreciation and Amortization

662.7m902.0m765.5m763.9m805.8m

Inventories

66.9m(113.6m)(89.7m)

Accounts Payable

23.9m322.8m76.9m246.4m(834.1m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

244.4m516.8m734.0m323.9m599.1m837.3m367.6m651.8m981.8m431.0m698.4m1.1b453.8m837.2m833.9m216.9m

Depreciation and Amortization

136.0m281.4m460.7m211.7m449.0m667.3m179.7m370.3m563.7m187.6m392.4m

Inventories

(162.9m)(69.4m)(6.8m)(149.8m)(175.2m)(80.7m)(167.0m)(133.4m)(202.8m)(229.1m)(204.4m)

Accounts Payable

23.6m(140.5m)11.4m110.9m(51.4m)318.8m(57.4m)(286.9m)111.9m78.1m131.7m231.2m(38.9m)(191.3m)(353.8m)577.0m
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USDQ1, 2016

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

2.5 x
Show all financial metrics

Sysco Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018

Customer Locations

425 k425 k500 k600 k

Distribution Sites

197 199 324 332
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Sysco Acquisitions / Subsidiaries

Company NameDateDeal Size
Almacén Fiscal Frionet Caldera, S.A.
Almacén Fiscal Frionet Limón, S.A.
A. M. Briggs, Inc.
Arets Kock AB
Arnotts (Fruit) Limited
Bahamas Food Holdings Limited
Bahamas Food Services Limited
Brake Bros. Acquisition Limited
Brake Bros. Finance Limited
Brake Bros Foodservice Ireland Limited
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Sysco Revenue Breakdown

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Sysco revenue breakdown by business segment: 11.2% from SYGMA, 19.6% from International Foodservice Operations , 67.5% from U.S. Foodservice Operations and 1.7% from Other

Sysco revenue breakdown by geographic segment: 5.4% from United Kingdom, 7.9% from Canada, 79.7% from United States and 6.9% from Other

Sysco Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

Learn more about our premium products
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Sysco Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

Learn more about our premium products
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Sysco Online and Social Media Presence

Sysco's Trends

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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

Learn more on Comparably

Sysco News and Updates

January 19, 2021

Sysco to Release Second Quarter Fiscal Year 2021 Financial Results on February 2

HOUSTON, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its second quarter fiscal year 2021 financial results at 10 a.m. (Eastern) on Tuesday, February 2, 2021.
January 14, 2021

Sysco Releases New Foodie Solutions Toolkits

Valentine’s Day, Wholesome Dining, Get Hooked on Seafood and Greatest Game Toolkits Provide Restaurant Operators Ideas for Navigating Winter Trends and Events Valentine’s Day, Wholesome Dining, Get Hooked on Seafood and Greatest Game Toolkits Provide Restaurant Operators Ideas for Navigating Winter …
December 24, 2020

Sysco A Top Ranked SAFE Dividend Stock With 2.5% Yield

Sysco has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.5% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
December 03, 2020

Tom Peck Joins Sysco as Chief Information and Digital Officer

HOUSTON, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today that Tom Peck will join the company as executive vice president and chief information and digital officer, effective Jan. 4, 2021. In this role, Peck will …
November 17, 2020

Sysco to Webcast Presentation at the 2020 Barclays Eat, Sleep, Play Conference

HOUSTON, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the 2020 Barclays Eat, Sleep, Play Conference on Tuesday, December 1, at 2:40 p.m. ET.
November 17, 2020

Sysco Names Aaron E. Alt Chief Financial Officer

Joel Grade Assumes Role of Executive Vice President, Business Development Joel Grade Assumes Role of Executive Vice President, Business Development
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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 Core-Mark Holding Company, Alimentation Couche-Tard and US Foods.

  • Where is Sysco headquarters?

    Sysco headquarters is located at 1390 Enclave Pkwy, Houston.

  • Where are Sysco offices?

    Sysco has offices in Houston, Albuquerque, Ankeny, Baraboo and in 91 other locations.

  • How many offices does Sysco have?

    Sysco has 99 offices.