Sysco Corporation (SYY)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,202,000 | 3,039,000 | 2,346,500 | 1,447,190 | 749,505 |
| Revenue | US$ in thousands | 78,844,000 | 76,324,700 | 68,636,100 | 51,297,800 | 52,893,300 |
| Operating profit margin | 4.06% | 3.98% | 3.42% | 2.82% | 1.42% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $3,202,000K ÷ $78,844,000K
= 4.06%
Sysco Corporation's operating profit margin has shown a consistent upward trend over the past five years, reflecting improved operational efficiency and profitability. The company's operating profit margin increased from 1.42% in 2020 to 4.06% in 2024, indicating a sustained growth in generating profits from its core business activities. This positive trend suggests that Sysco has been effectively managing its costs while increasing its revenues, resulting in a higher percentage of operating profit relative to its sales. Overall, the rising operating profit margin demonstrates Sysco's ability to enhance its profitability and create value for its shareholders.
Peer comparison
Jun 30, 2024