Sysco Corporation (SYY)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 3,202,000 | 3,195,068 | 3,167,199 | 3,107,798 | 3,041,017 | 2,838,335 | 2,639,887 | 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 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,860,000 | 2,100,950 | 2,404,030 | 2,125,800 | 2,009,000 | 1,575,300 | 1,436,590 | 1,115,340 | 1,382,260 | 1,321,410 | 1,221,070 | 1,673,290 | 1,552,900 | 1,395,600 | 1,426,800 | 1,300,010 | 1,158,610 | 2,028,890 | 2,527,530 | 2,454,750 |
| 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% |
June 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $3,202,000K ÷ ($—K + $1,860,000K)
= 172.15%
Sysco Corporation's return on total capital has exhibited fluctuations over the analyzed periods. The company achieved notably high returns in the recent quarters, with the return on total capital exceeding 150% in several instances. This indicates that Sysco has been able to generate substantial profits relative to the total capital invested in the business.
However, there were periods of lower returns particularly in the earlier quarters of the analysis timeframe. This variability suggests fluctuations in the company's efficiency in utilizing its capital to generate profits.
Overall, the trend shows a mix of strong and moderate performance in terms of return on total capital, with the most recent quarters reflecting higher returns. This could be a positive indicator of Sysco's operational efficiency and profitability in utilizing its total capital effectively.
Peer comparison
Jun 30, 2024