Sysco Corporation (SYY)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,202,000 | 3,195,068 | 3,168,749 | 3,109,529 | 3,042,748 | 2,840,066 | 2,640,068 | 2,444,154 | 2,339,035 | 2,142,004 | 1,882,192 | 1,649,345 | 1,437,242 | 335,978 | 160,335 | 500,766 | 749,505 | 2,001,615 | 2,470,926 | 2,370,328 |
| 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 |
| Operating profit margin | 4.06% | 4.10% | 4.09% | 4.05% | 3.99% | 3.76% | 3.59% | 3.43% | 3.41% | 3.25% | 3.10% | 2.95% | 2.80% | 0.76% | 0.35% | 1.01% | 1.42% | 3.36% | 4.09% | 3.94% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,202,000K ÷ $78,844,000K
= 4.06%
Sysco Corporation's operating profit margin has shown some fluctuations over the past several quarters. The trend indicates a gradual increase in operating profit margin from 2.80% in March 31, 2021, to 4.10% in March 31, 2024. This improvement suggests that the company has been managing its expenses more efficiently or increasing its revenue generation.
However, it is worth noting that there have been periods of decline in the operating profit margin, such as the significant drop from 4.09% in December 31, 2021, to 0.76% in March 31, 2021. This could indicate challenges or changes in the company's operations during those periods.
Overall, Sysco Corporation's operating profit margin has generally been on an upward trend over the past quarters, which could indicate improved profitability and operational efficiency. Continued monitoring of this metric will be important to assess the company's financial performance and operational effectiveness.
Peer comparison
Jun 30, 2024