Sysco Corporation (SYY)
Financial leverage ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 26,774,000 | 24,917,000 | 22,821,100 | 22,085,700 | 21,413,500 |
| Total stockholders’ equity | US$ in thousands | 1,830,000 | 1,860,000 | 2,008,620 | 1,382,260 | 1,552,900 |
| Financial leverage ratio | 14.63 | 13.40 | 11.36 | 15.98 | 13.79 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $26,774,000K ÷ $1,830,000K
= 14.63
The financial leverage ratio of Sysco Corporation has demonstrated notable fluctuations over the specified period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the ratio stood at 13.79, indicating a high degree of leverage, which suggests that the company relied substantially on debt financing relative to its equity. This elevated leverage persisted into June 30, 2022, when the ratio increased to 15.98, marking a period of heightened financial leverage and greater debt utilization.
Between June 30, 2022, and June 30, 2023, there was a significant reduction in the leverage ratio to 11.36. This decrease may reflect a strategic effort by the company to deleverage, possibly through debt repayment or increased equity financing, enhancing its financial stability.
Subsequently, from June 30, 2023, to June 30, 2024, the ratio experienced a modest upward shift to 13.40, suggesting a slight increase in leverage. This could indicate renewed debt usage or other financial tactics affecting the capital structure.
Finally, as of June 30, 2025, the ratio further increased to 14.63, nearing the leverage levels observed prior to 2023. Overall, the trend reflects periods of both leverage intensification and reduction, with a general tendency toward increased leverage over the broader timeline. Monitoring these fluctuations is vital for assessing the company's financial risk profile and its capacity to meet long-term obligations.
Peer comparison
Jun 30, 2025