Sysco Corporation (SYY)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 81,371,000 | 80,789,100 | 80,570,600 | 79,707,500 | 78,844,000 | 78,016,100 | 77,512,300 | 76,818,400 | 76,324,700 | 75,553,800 | 73,580,200 | 71,306,400 | 68,636,100 | 65,815,700 | 60,738,200 | 55,977,000 | 51,297,900 | 44,027,560 | 45,901,660 | 49,367,660 |
| Total assets | US$ in thousands | 26,774,000 | 26,347,000 | 25,318,000 | 25,880,000 | 24,917,000 | 24,712,300 | 24,740,600 | 23,272,800 | 22,821,100 | 22,702,000 | 22,087,200 | 22,210,900 | 22,085,700 | 22,323,700 | 21,426,800 | 22,102,900 | 21,413,500 | 22,043,300 | 22,489,900 | 22,741,600 |
| Total asset turnover | 3.04 | 3.07 | 3.18 | 3.08 | 3.16 | 3.16 | 3.13 | 3.30 | 3.34 | 3.33 | 3.33 | 3.21 | 3.11 | 2.95 | 2.83 | 2.53 | 2.40 | 2.00 | 2.04 | 2.17 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $81,371,000K ÷ $26,774,000K
= 3.04
The total asset turnover ratio for Sysco Corporation exhibits notable fluctuations over the observed periods, reflecting changes in the efficiency with which the company utilizes its assets to generate sales. Starting from a ratio of 2.17 at the end of September 2020, the ratio declined to 2.04 by the end of December 2020 and further to 2.00 at the end of March 2021, indicating a reduction in asset utilization efficiency during this timeframe.
Subsequently, a significant upward trend is observed, with the ratio increasing to 2.40 in June 2021, and continuing its ascent through September 2021 (2.53), December 2021 (2.83), and March 2022 (2.95). This period marks an improvement in asset efficiency, culminating in a peak of 3.33 at the end of 2022.
Post-2022, the ratio sustains a relatively stable high level, with minor fluctuations: 3.33 in March 2023, marginally rising to 3.34 in June 2023, then declining slightly to 3.30 in September 2023, before experiencing a small decrease to 3.13 in December 2023. The figures for 2024 indicate a slight recovery, reaching 3.16 in March and June, followed by a decrease to 3.08 in September and an increase to 3.18 in December. The ratios for 2025 reflect a gradual decline, with values of 3.07 in March and 3.04 in June.
Overall, the trend suggests that Sysco’s efficiency in asset utilization improved considerably from late 2020 through 2022, reaching a peak in late 2022. Following this peak, the ratio stabilized at elevated levels, albeit with minor downward fluctuations, indicating a period of relative consistency in asset efficiency with some slight weakening towards the end of the observed period.
Peer comparison
Jun 30, 2025