Sysco Corporation (SYY)

Operating return on assets (Operating ROA)

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
Operating income (ttm) US$ in thousands 3,090,000 3,177,329 3,218,375 3,206,418 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
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
Operating ROA 11.54% 12.06% 12.71% 12.39% 12.85% 12.93% 12.81% 13.36% 13.33% 12.51% 11.95% 11.00% 10.59% 9.60% 8.78% 7.46% 6.71% 1.52% 0.71% 2.20%

June 30, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $3,090,000K ÷ $26,774,000K
= 11.54%

The operating return on assets (ROA) for Sysco Corporation exhibits a notable upward trend over the analyzed period from September 30, 2020, to June 30, 2025. Starting at a modest 2.20% in September 2020, the metric declined sharply to 0.71% by December 2020, likely reflecting operational challenges or external factors affecting profitability during that period. Subsequently, the ROA registered a steady recovery, reaching approximately 7.46% in September 2021 and continuing its ascent through 2022, culminating in a peak of 13.36% in September 2023. This sustained improvement indicates enhanced operational efficiency and profitability relative to asset base.

Throughout 2024, the ROA stabilized around the 12.81% to 12.93% range, suggesting a period of relative operational consistency. However, in the subsequent period extending into mid-2025, the ratio demonstrated a slight decline, ending at 11.54% in June 2025. This slight downward shift may reflect some normalization following earlier gains or minor operational adjustments.

Overall, the data portray a significant positive trend in Sysco’s operating efficiency over time, with robust growth in operating ROA reaching double digits by late 2022 and maintaining elevated levels into 2024. The fluctuations and recent slight decrease in 2025 could indicate emerging pressures or market dynamics affecting overall asset utilization and profitability.


Peer comparison

Jun 30, 2025

Company name
Symbol
Operating ROA
Sysco Corporation
SYY
11.54%
Domino's Pizza Inc Common Stock
DPZ
50.60%
US Foods Holding Corp
USFD
8.18%