Sysco Corporation (SYY)
Return on total capital
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 3,202,000 | 3,038,550 | 2,346,500 | 1,447,190 | 749,505 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,860,000 | 2,009,000 | 1,382,260 | 1,552,900 | 1,158,610 |
| Return on total capital | 172.15% | 151.25% | 169.76% | 93.19% | 64.69% |
June 30, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $3,202,000K ÷ ($—K + $1,860,000K)
= 172.15%
Sysco Corporation's return on total capital has shown a positive trend over the past five years, indicating the company's ability to efficiently utilize its total capital to generate profits. The return on total capital increased from 64.69% in 2020 to 172.15% in 2024, demonstrating a significant improvement in the company's capital efficiency. This suggests that Sysco has been successful in generating higher returns relative to the total amount of capital invested in the business. Overall, the increasing trend in the return on total capital reflects positively on Sysco's operational performance and financial management.
Peer comparison
Jun 30, 2024