Market Cap
US$42.6b
Last Updated
2019/12/14 23:40 UTC
Data Sources
Company Financials +
Executive Summary
Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with proven track record.
Similar Companies
Share Price & News
How has Sysco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SYY has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.9%
SYY
-0.2%
US Consumer Retailing
0.6%
US Market
1 Year Return
27.6%
SYY
21.7%
US Consumer Retailing
20.8%
US Market
Return vs Industry: SYY exceeded the US Consumer Retailing industry which returned 21.7% over the past year.
Return vs Market: SYY exceeded the US Market which returned 20.8% over the past year.
Shareholder returns
| SYY | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | -0.2% | 0.6% |
| 30 Day | 2.5% | -1.5% | 2.5% |
| 90 Day | 6.7% | 2.0% | 4.9% |
| 1 Year | 30.6%27.6% | 24.1%21.7% | 23.5%20.8% |
| 3 Year | 58.9%48.2% | 48.6%39.1% | 46.5%37.0% |
| 5 Year | 134.6%106.4% | 52.5%36.0% | 64.6%46.5% |
Price Volatility Vs. Market
How volatile is Sysco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Why Sysco Corporation's (NYSE:SYY) High P/E Ratio Isn't Necessarily A Bad Thing3 weeks ago | Simply Wall St
Is Sysco's (NYSE:SYY) 103% Share Price Increase Well Justified?1 month ago | Simply Wall St
Sysco Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowValuation
Is Sysco undervalued compared to its fair value and its price relative to the market?
25.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SYY ($83.54) is trading above our estimate of fair value ($82.19)
Significantly Below Fair Value: SYY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SYY is poor value based on its PE Ratio (25.4x) compared to the Consumer Retailing industry average (22.6x).
PE vs Market: SYY is poor value based on its PE Ratio (25.4x) compared to the US market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: SYY is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: SYY is overvalued based on its PB Ratio (17.4x) compared to the US Consumer Retailing industry average (2.2x).
Next Steps
Future Growth
How is Sysco forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
7.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SYY's forecast earnings growth (7.6% per year) is above the savings rate (1.7%).
Earnings vs Market: SYY's earnings (7.6% per year) are forecast to grow slower than the US market (14.4% per year).
High Growth Earnings: SYY's earnings are forecast to grow, but not significantly.
Revenue vs Market: SYY's revenue (3.9% per year) is forecast to grow slower than the US market (7.4% per year).
High Growth Revenue: SYY's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SYY's Return on Equity is forecast to be very high in 3 years time (54.5%).
Next Steps
Past Performance
How has Sysco performed over the past 5 years?
17.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SYY has high quality earnings.
Growing Profit Margin: SYY's current net profit margins (2.8%) are higher than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: SYY's earnings have grown by 17.2% per year over the past 5 years.
Accelerating Growth: SYY's earnings growth over the past year (13.6%) is below its 5-year average (17.2% per year).
Earnings vs Industry: SYY earnings growth over the past year (13.6%) exceeded the Consumer Retailing industry -18.5%.
Return on Equity
High ROE: Whilst SYY's Return on Equity (68.21%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Sysco's financial position?
Financial Position Analysis
Short Term Liabilities: SYY's short term assets ($8.5B) exceed its short term liabilities ($6.1B).
Long Term Liabilities: SYY's short term assets ($8.5B) do not cover its long term liabilities ($10.4B).
Debt to Equity History and Analysis
Debt Level: SYY's debt to equity ratio (345.9%) is considered high.
Reducing Debt: SYY's debt to equity ratio has increased from 58.6% to 345.9% over the past 5 years.
Debt Coverage: SYY's debt is well covered by operating cash flow (26.9%).
Interest Coverage: SYY's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
Inventory Level: SYY has a high level of physical assets or inventory.
Debt Coverage by Assets: SYY's debt is not covered by short term assets (assets are 1x debt).
Next Steps
Dividend
What is Sysco's current dividend yield, its reliability and sustainability?
2.15%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Sysco before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SYY's dividend (2.15%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: SYY's dividend (2.15%) is low compared to the top 25% of dividend payers in the US market (3.71%).
Stability and Growth of Payments
Stable Dividend: SYY's dividends per share have been stable in the past 10 years.
Growing Dividend: SYY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.3%), SYY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SYY's dividends in 3 years are forecast to be well covered by earnings (39.5% payout ratio).
Next Steps
Management
What is the CEO of Sysco's salary, the management and board of directors tenure and is there insider trading?
4.3yrs
Average management tenure
CEO
Tom Bené (57yo)
1.9yrs
Tenure
US$10,732,619
Compensation
Mr. Thomas L. Bené, also known as Tom, has been the President of Sysco Corporation since January 1, 2016 and its Chief Executive Officer and Director since January 1, 2018. He serves as the Chairman of the ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD10.73M) is about average for companies of similar size in the US market ($USD10.94M).
Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.
Management Age and Tenure
4.3yrs
Average Tenure
53.5yo
Average Age
Experienced Management: SYY's management team is considered experienced (4.3 years average tenure).
Board Age and Tenure
4.3yrs
Average Tenure
64yo
Average Age
Experienced Board: SYY's board of directors are considered experienced (4.3 years average tenure).
Insider Trading
Insider Buying: SYY insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of U.S. Foodservice Operations |
| Shares | 10,000 |
| Max Price | US$78.81 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 20,203 |
| Max Price | US$77.23 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 10,000 |
| Max Price | US$73.35 |
| Entity | Company |
| Shares | 707,000 |
| Max Price | US$66.43 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Robert Charlton (60yo)
Executive Vice President of Supply Chain
- Tenure: 6.4yrs
- Compensation: US$2.80m
Greg Bertrand (55yo)
Executive Vice President of U.S. Foodservice Operations
- Tenure: 7.4yrs
- Compensation: US$4.08m
Tom Bené (57yo)
Chairman of the board
- Tenure: 1.9yrs
- Compensation: US$10.73m
Paul Moskowitz (55yo)
Executive Vice President of Human Resources
- Tenure: 4.3yrs
- Compensation: US$2.85m
Joel Grade (48yo)
Executive VP & CFO
- Tenure: 4.3yrs
- Compensation: US$3.94m
Eve Mcfadden (43yo)
VP of Legal
- Tenure: 0yrs
Michael Foster (52yo)
Chief Information & Technology Officer
- Tenure: 0yrs
Jose Colondres
Vice President of Compliance
- Tenure: 4yrs
Anita Zielinski (46yo)
Senior VP & Chief Accounting Officer
- Tenure: 2.7yrs
Camilla Zuckero
Senior Director of Investor Relations
- Tenure: 0yrs
Board Members
Larry Glasscock (71yo)
Independent Director
- Tenure: 9.3yrs
- Compensation: US$317.52k
Nelson Peltz (76yo)
Independent Director
- Tenure: 4.3yrs
- Compensation: US$297.52k
John Cassaday (65yo)
Independent Director
- Tenure: 15.1yrs
- Compensation: US$317.52k
Ed Shirley (62yo)
Independent Lead Director
- Tenure: 1.1yrs
- Compensation: US$328.77k
Hans-Joachim Koerber (73yo)
Independent Director
- Tenure: 11.9yrs
- Compensation: US$297.52k
Dan Brutto (63yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: US$312.52k
Brad Halverson (59yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: US$313.14k
Nancy Newcomb (74yo)
Independent Director
- Tenure: 13.8yrs
- Compensation: US$297.52k
Tom Bené (57yo)
Chairman of the board
- Tenure: 1.9yrs
- Compensation: US$10.73m
Josh Frank (40yo)
Independent Director
- Tenure: 4.3yrs
- Compensation: US$297.52k
Company Information
Sysco Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sysco Corporation
- Ticker: SYY
- Exchange: NYSE
- Founded: 1969
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: US$42.624b
- Shares outstanding: 510.23m
- Website: https://www.sysco.com
Number of Employees
Location
- Sysco Corporation
- 1390 Enclave Parkway
- Houston
- Texas
- 77077
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SYY | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Feb 1971 |
| SYY | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 1971 |
| SYY * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Feb 1971 |
| 0LC6 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Feb 1971 |
Biography
Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the Unit ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/14 23:40 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/09/28 |
| Annual Earnings | 2019/06/29 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.