Cash flow Sysco Corporation

Equities

SYY

US8718291078

Food Retail & Distribution

Real-time Estimate Cboe BZX Other stock markets 10:44:10 2024-09-19 am EDT			5-day change	1st Jan Change
73.82 ^USD	-0.97%		-4.04%	+1.00%

Sep. 18	Sysco Corporation Presents at 7th Annual Wells Fargo Consumer Conference 2024, Sep-18-2024 08:00 AM
Sep. 16	JPMorgan Adjusts Price Target on Sysco to $88 From $85, Maintains Overweight	MT

49f47023.h1Km45se420LanZf8pwV9ZWzoPZ2Y6wNu4Y_eZ5njqg.7Abzre8uuT5YXSM6g_Fww-GD8b5FGZV81v9GT98ev8XNIdW841_aWT0ZAQ

Published financial data: SYSCO CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2020	2021	2022	2023	2024
Revenues	52.89B	51.3B	68.64B	76.32B	78.84B
Total Revenues	52.89B	51.3B	68.64B	76.32B	78.84B
Cost of Goods Sold, Total	42.99B	41.94B	56.24B	62.37B	64.24B
Gross Profit	9.9B	9.36B	12.39B	13.95B	14.61B
Selling General & Admin Expenses, Total	8.24B	7.71B	9.8B	11.27B	11.06B
Provision for Bad Debts	-	-	-28M	-4.42M	-
Depreciation & Amortization - (IS)	38.28M	36.98M	41.61M	49.89M	60M
Other Operating Expenses	-	17.47M	-51.94M	-29.03M	1M
Other Operating Expenses, Total	8.28B	7.77B	9.76B	11.29B	11.12B
Operating Income	1.63B	1.59B	2.63B	2.66B	3.49B
Interest Expense, Total	-408M	-880M	-624M	-527M	-607M
Net Interest Expenses	-408M	-880M	-624M	-527M	-607M
Currency Exchange Gains (Loss)	-	-	50.91M	183M	-61M
Other Non Operating Income (Expenses)	29.97M	14.94M	-4.39M	335M	25M
EBT, Excl. Unusual Items	1.25B	726M	2.05B	2.65B	2.85B
Restructuring Charges	-371M	-128M	-110M	-62.96M	-120M
Merger & Related Restructuring Charges	-	-5.87M	-139M	-116M	-159M
Impairment of Goodwill	-203M	-	-	-	-
Gain (Loss) On Sale Of Investments	-	3.39M	11.88M	2.31M	-3M
Gain (Loss) On Sale Of Assets	-	-13.74M	-	-	-
Asset Writedown	-55.94M	-	-73.22M	2.57M	-
Other Unusual Items	-323M	3.28M	2.06M	-194M	-
EBT, Incl. Unusual Items	293M	585M	1.75B	2.29B	2.56B
Income Tax Expense	77.91M	60.52M	388M	515M	610M
Earnings From Continuing Operations	215M	524M	1.36B	1.77B	1.96B
Net Income to Company	215M	524M	1.36B	1.77B	1.96B
Net Income - (IS)	215M	524M	1.36B	1.77B	1.96B
Net Income to Common Incl Extra Items	215M	524M	1.36B	1.77B	1.96B
Net Income to Common Excl. Extra Items	215M	524M	1.36B	1.77B	1.96B
Per Share Items
Net EPS - Basic	0.42	1.03	2.66	3.49	3.9
Basic EPS - Continuing Operations	0.42	1.03	2.66	3.49	3.9
Basic Weighted Average Shares Outstanding	510M	511M	511M	507M	501M
Net EPS - Diluted	0.42	1.02	2.64	3.47	3.89
Diluted EPS - Continuing Operations	0.42	1.02	2.64	3.47	3.89
Diluted Weighted Average Shares Outstanding	514M	514M	514M	510M	503M
Normalized Basic EPS	1.53	0.89	2.51	3.27	3.55
Normalized Diluted EPS	1.52	0.88	2.5	3.25	3.54
Dividend Per Share	1.74	1.82	1.9	1.97	2.01
Payout Ratio	397.41	175.04	70.57	56.27	51.56
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	2.36B	2.33B	3.4B	3.44B	4.36B
EBITA	1.72B	1.69B	2.76B	2.79B	3.63B
EBIT	1.63B	1.59B	2.63B	2.66B	3.49B
EBITDAR	2.5B	2.48B	3.61B	3.71B	4.7B
Effective Tax Rate - (Ratio)	26.56	10.35	22.21	22.54	23.78
Total Current Taxes	269M	218M	452M	532M	584M
Total Deferred Taxes	-191M	-158M	-64.45M	-16.43M	26M
Normalized Net Income	779M	454M	1.28B	1.66B	1.78B
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	4.67M	3.82M	6.51M	10.91M	607M
Non-Cash Pension Expense	9.98M	-19.75M	-21.83M	369M	52M
Supplemental Operating Expense Items
Selling and Marketing Expenses	3B	3.1B	3.9B	4B	4.3B
Net Rental Expense, Total	144M	148M	203M	268M	333M
Imputed Operating Lease Interest Expense	40.59M	77.71M	87.32M	99.97M	134M
Imputed Operating Lease Depreciation	104M	70.72M	116M	168M	199M
Stock-Based Comp., SG&A Exp. (Total)	42.23M	95.82M	122M	95.66M	104M
Total Stock-Based Compensation	42.23M	95.82M	122M	95.66M	104M

Fiscal Period: June	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	6.06B	3.01B	867M	745M	696M
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	1.39M	-	-	-	-
Total Cash And Short Term Investments	6.06B	3.01B	867M	745M	696M
Accounts Receivable, Total	2.89B	3.78B	4.84B	5.09B	5.32B
Other Receivables	108M	8.76M	35.93M	5.82M	22M
Total Receivables	3B	3.79B	4.87B	5.1B	5.35B
Inventory	3.1B	3.7B	4.44B	4.48B	4.68B
Prepaid Expenses	171M	213M	250M	271M	292M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	19.53M	28.34M	53.79M	13.49M	31M
Total Current Assets	12.35B	10.73B	10.48B	10.61B	11.04B
Gross Property Plant And Equipment	10.88B	11.38B	11.93B	12.8B	13.95B
Accumulated Depreciation	-5.82B	-6.35B	-6.76B	-7.15B	-7.53B
Net Property Plant And Equipment	5.06B	5.04B	5.18B	5.65B	6.42B
Long-term Investments	69.78M	43.22M	-	-	6M
Goodwill	3.73B	3.94B	4.54B	4.65B	5.15B
Other Intangibles, Total	780M	746M	953M	860M	1.19B
Deferred Tax Assets Long-Term	194M	353M	378M	420M	445M
Other Long-Term Assets, Total	441M	559M	550M	640M	662M
Total Assets	22.63B	21.41B	22.09B	22.82B	24.92B
Liabilities
Accounts Payable, Total	3.45B	4.88B	5.75B	6.03B	6.29B
Accrued Expenses, Total	1.59B	1.81B	2.27B	2.25B	2.22B
Short-term Borrowings	2.27M	8.78M	-	-	-
Current Portion of Long-Term Debt	1.51B	458M	544M	24.62M	416M
Current Portion of Leases	141M	131M	145M	137M	179M
Current Income Taxes Payable	2.94M	22.64M	40.04M	102M	131M
Other Current Liabilities	28.46M	46K	-	1.26M	5M
Total Current Liabilities	6.72B	7.32B	8.75B	8.54B	9.24B
Long-Term Debt	12.83B	10.54B	9.88B	10.09B	11.21B
Long-Term Leases	592M	686M	824M	916M	1.14B
Pension & Other Post Retirement Benefits	724M	552M	401M	415M	498M
Deferred Tax Liability Non Current	86.6M	147M	250M	303M	345M
Other Non Current Liabilities	481M	584M	567M	517M	591M
Total Liabilities	21.44B	19.83B	20.67B	20.78B	23.03B
Common Stock, Total	765M	765M	765M	765M	765M
Additional Paid In Capital	1.51B	1.62B	1.77B	1.81B	1.91B
Retained Earnings	10.56B	10.15B	10.54B	11.31B	12.26B
Treasury Stock	-9.97B	-9.84B	-10.21B	-10.63B	-11.73B
Comprehensive Income and Other	-1.71B	-1.15B	-1.48B	-1.25B	-1.34B
Total Common Equity	1.16B	1.55B	1.38B	2.01B	1.86B
Minority Interest	34.26M	34.59M	31.95M	33.21M	31M
Total Equity	1.19B	1.59B	1.41B	2.04B	1.89B
Total Liabilities And Equity	22.63B	21.41B	22.09B	22.82B	24.92B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	509M	512M	506M	505M	492M
ECS Total Common Shares Outstanding	508M	512M	509M	505M	492M
Book Value / Share	2.28	3.03	2.72	3.98	3.78
Tangible Book Value	-3.35B	-3.14B	-4.11B	-3.5B	-4.48B
Tangible Book Value Per Share	-6.6	-6.13	-8.09	-6.92	-9.11
Total Debt	15.08B	11.82B	11.39B	11.17B	12.95B
Net Debt	9.02B	8.81B	10.53B	10.42B	12.25B
Debt Equivalent of Unfunded Proj. Benefit Obligation	757M	461M	334M	439M	532M
Debt Equivalent Oper. Leases	1.16B	1.19B	1.63B	2.14B	2.66B
Minority Interest, Total (Incl. Fin. Div)	34.26M	34.59M	31.95M	33.21M	31M
Account Code - Inventory Valuation	5	5	5	5	5
Land - (BS)	494M	493M	490M	493M	490M
Buildings, Total	4.85B	4.98B	5.34B	5.77B	5.98B
Machinery, Total	4.82B	5.2B	5.39B	5.8B	6.56B
Full Time Employees	57K	58K	71K	72K	76K
Accumulated Allowance for Doubtful Accounts (Supple)	335M	118M	70.79M	45.6M	54M

Fiscal Period: June	2020	2021	2022	2023	2024
Net Income	215M	524M	1.36B	1.77B	1.96B
Depreciation & Amortization - CF	744M	748M	748M	762M	855M
Amortization of Goodwill and Intangible Assets - (CF)	95.3M	104M	133M	126M	142M
Depreciation & Amortization, Total	840M	852M	881M	889M	997M
Amortization of Deferred Charges, Total - (CF)	22.66M	26.12M	22.3M	20.01M	19M
(Gain) Loss From Sale Of Asset	55.94M	22.74M	-	-	-
Asset Writedown & Restructuring Costs	278M	-	-	-	-
Stock-Based Compensation (CF)	42.23M	95.82M	122M	95.66M	104M
Provision and Write-off of Bad Debts	404M	-153M	-15.49M	35.66M	57M
Other Operating Activities, Total	-192M	120M	38.46M	292M	15M
Change In Accounts Receivable	916M	-662M	-971M	-271M	-110M
Change In Inventories	115M	-551M	-709M	-22.22M	-70M
Change In Accounts Payable	-834M	1.46B	810M	196M	104M
Change In Income Taxes	-103M	119M	-9.78M	91.97M	13M
Change in Other Net Operating Assets	-141M	51.93M	263M	-229M	-95M
Cash from Operations	1.62B	1.9B	1.79B	2.87B	2.99B
Capital Expenditure	-720M	-471M	-633M	-793M	-832M
Sale of Property, Plant, and Equipment	28.72M	59.15M	24.14M	42.15M	79M
Cash Acquisitions	-143M	-	-1.28B	-37.38M	-1.21B
Divestitures	-	-	-	-	-
Other Investing Activities, Total	78.18M	-17.17M	11.59M	3.95M	1M
Cash from Investing	-756M	-429M	-1.88B	-785M	-1.96B
Long-Term Debt Issued, Total	7.4B	1.48M	1.25B	249M	1.56B
Total Debt Issued	7.4B	1.48M	1.25B	249M	1.56B
Long-Term Debt Repaid, Total	-1.12B	-2.83B	-495M	-830M	-447M
Total Debt Repaid	-1.12B	-2.83B	-495M	-830M	-447M
Issuance of Common Stock	228M	130M	128M	79.17M	120M
Repurchase of Common Stock	-845M	-	-500M	-500M	-1.23B
Common Dividends Paid	-856M	-918M	-959M	-996M	-1.01B
Common & Preferred Stock Dividends Paid	-856M	-918M	-959M	-996M	-1.01B
Other Financing Activities, Total	-87.78M	-1.01B	-1.41B	-58.22M	-33M
Cash from Financing	4.72B	-4.63B	-1.99B	-2.06B	-1.04B
Foreign Exchange Rate Adjustments	-18.85M	94.61M	-31.91M	7.64M	-10M
Net Change in Cash	5.56B	-3.06B	-2.11B	34.66M	-21M
Supplemental Items
Cash Interest Paid	325M	878M	498M	511M	557M
Cash Income Tax Paid (Refund)	377M	104M	450M	444M	564M
Levered Free Cash Flow	1.29B	1.16B	1.1B	1.62B	1.87B
Unlevered Free Cash Flow	1.52B	1.69B	1.46B	1.93B	2.23B
Change In Net Working Capital	-345M	-217M	551M	-70.87M	216M
Net Debt Issued / Repaid	6.28B	-2.83B	754M	-581M	1.12B

Fiscal Period: June	2020	2021	2022	2023	2024
Profitability
Return on Assets	5	4.52	7.56	7.41	9.14
Return on Total Capital	7.53	6.7	12.55	12.79	15.56
Return On Equity %	11.55	37.71	90.53	102.44	99.42
Return on Common Equity	11.77	38.67	92.59	104.4	101.06
Margin Analysis
Gross Profit Margin %	18.72	18.24	18.06	18.28	18.53
SG&A Margin	15.57	15.03	14.28	14.77	14.02
EBITDA Margin %	4.46	4.54	4.96	4.5	5.53
EBITA Margin %	3.25	3.3	4.03	3.65	4.61
EBIT Margin %	3.07	3.1	3.83	3.49	4.43
Income From Continuing Operations Margin %	0.41	1.02	1.98	2.32	2.48
Net Income Margin %	0.41	1.02	1.98	2.32	2.48
Net Avail. For Common Margin %	0.41	1.02	1.98	2.32	2.48
Normalized Net Income Margin	1.47	0.88	1.87	2.17	2.26
Levered Free Cash Flow Margin	2.44	2.27	1.6	2.12	2.38
Unlevered Free Cash Flow Margin	2.88	3.29	2.13	2.52	2.83
Asset Turnover
Asset Turnover	2.61	2.33	3.16	3.4	3.3
Fixed Assets Turnover	11.06	10.16	13.44	14.1	13.07
Receivables Turnover (Average Receivables)	14.95	15.37	15.92	15.37	15.14
Inventory Turnover (Average Inventory)	13.62	12.35	13.83	13.99	14.03
Short Term Liquidity
Current Ratio	1.84	1.47	1.2	1.24	1.2
Quick Ratio	1.35	0.93	0.66	0.68	0.65
Operating Cash Flow to Current Liabilities	0.24	0.26	0.2	0.34	0.32
Days Sales Outstanding (Average Receivables)