Sysco Corporation (SYY)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 18.53% | 18.53% | 18.42% | 18.37% | 18.28% | 18.15% | 18.07% | 18.00% | 17.95% | 17.92% | 17.95% | 18.06% | 18.24% | 18.19% | 18.40% | 18.59% | 18.72% | 19.02% | 19.03% | 19.02% |
| 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% |
| Pretax margin | 3.25% | 3.49% | 3.51% | 3.06% | 2.99% | 2.61% | 2.45% | 2.57% | 2.54% | 1.89% | 1.59% | 1.49% | 1.14% | -0.67% | -0.93% | -0.06% | 0.55% | 2.88% | 3.59% | 3.40% |
| 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% |
Sysco Corporation's profitability ratios have shown varying trends over the past few quarters. The gross profit margin has remained relatively stable between 18.00% to 18.53% during the latest fiscal year. The operating profit margin has fluctuated between 3.10% to 4.10% during the same period, with a noticeable decrease in the margin in the first quarter of 2021 followed by a gradual recovery.
The pretax margin has also shown inconsistency, ranging from 1.14% to 3.51%, with notable declines in the margins in the first and second quarters of 2021. Lastly, the net profit margin has exhibited fluctuations between 1.02% to 2.69% during the latest fiscal year, reflecting the company's ability to manage costs and generate profits.
Overall, while Sysco Corporation has maintained a relatively stable gross profit margin, there have been fluctuations in operating, pretax, and net profit margins. Further analysis of cost management and revenue generation strategies may be required to understand the drivers behind these profitability ratio movements.
Return on investment
| 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 return on assets (Operating ROA) | 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% | 3.31% | 9.80% | 12.76% | 12.50% |
| Return on assets (ROA) | 7.85% | 8.40% | 8.42% | 7.77% | 7.76% | 6.81% | 6.43% | 6.51% | 6.15% | 4.48% | 3.67% | 3.10% | 2.45% | -1.11% | -1.50% | -0.09% | 0.95% | 6.70% | 9.36% | 8.95% |
| Return on total capital | 172.15% | 152.08% | 131.75% | 146.19% | 151.37% | 180.18% | 183.76% | 219.14% | 169.22% | 162.10% | 154.14% | 98.57% | 92.55% | 24.07% | 11.24% | 38.52% | 64.69% | 98.66% | 97.76% | 96.56% |
| Return on equity (ROE) | 105.11% | 98.86% | 86.60% | 85.05% | 88.11% | 98.16% | 98.85% | 129.68% | 98.30% | 75.67% | 64.33% | 40.96% | 33.76% | -17.58% | -23.66% | -1.65% | 18.60% | 67.51% | 71.73% | 69.13% |
Sysco Corporation's profitability ratios have shown some fluctuations over the past few quarters.
- Operating return on assets (Operating ROA) has generally been increasing, indicating that the company is generating more operating income per dollar of assets employed. This suggests effective management of assets to generate operating profits.
- Return on assets (ROA) has also been showing an upward trend, indicating an improvement in the company's ability to generate profits from its total assets.
- Return on total capital has been quite volatile, with significant fluctuations observed. Despite this volatility, the ratio has generally been high, reflecting the company's ability to generate returns for both debt and equity investors.
- Return on equity (ROE) has also shown variability, with some quarters demonstrating strong performance while others showing lower returns. Overall, the company has been able to generate solid returns for its shareholders on their equity investments.
In summary, Sysco Corporation's profitability ratios reflect positive trends in generating operating income and returns on both assets and equity. However, the company has experienced fluctuations in its return on total capital, indicating the need for continuous monitoring and optimization of capital structure and asset utilization.