Sysco Corporation (SYY)

Net profit margin

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 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019
Net income (ttm) US$ in thousands 1,955,000 2,077,058 2,081,974 1,807,948 1,770,124 1,546,377 1,420,098 1,446,323 1,358,768 999,872 785,474 685,322 524,209 -245,303 -337,527 -21,406 215,475 1,369,660 1,813,040 1,697,010
Revenue (ttm) US$ in thousands 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 52,893,260 59,501,600 60,461,000 60,201,700
Net profit margin 2.48% 2.66% 2.69% 2.35% 2.32% 2.05% 1.93% 2.03% 1.98% 1.52% 1.29% 1.22% 1.02% -0.56% -0.74% -0.04% 0.41% 2.30% 3.00% 2.82%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,955,000K ÷ $78,844,000K
= 2.48%

Sysco Corporation's net profit margin has shown some fluctuations over the recent quarters. The net profit margin improved from negative figures in the first quarter of 2021 to reach a peak of 2.69% in December 2023. However, there was a slight decline in the most recent quarter to 2.48%. Despite these fluctuations, Sysco's net profit margin has generally remained positive, indicating the company's ability to generate profits relative to its revenue. It is essential for investors and analysts to monitor this ratio consistently to assess the company's profitability performance.


Peer comparison

Jun 30, 2024

Company name
Symbol
Net profit margin
Sysco Corporation
SYY
2.48%
Domino’s Pizza Inc
DPZ
11.59%
US Foods Holding Corp
USFD
1.43%

See also:

Sysco Corporation Net Profit Margin (Quarterly Data)