Sysco
SYY on NYSE. Sysco sells food and related products to places preparing meals away from home. Market value $36.6bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to June 2026.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Everyday goods stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $5.22 of spare cash in the past 12 months. A savings account pays about $4.
You pay 15.8 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 17 cents a year. Above 10 is good.
Quality score: 65 of 100. Price score: 81 of 100. Our list needs 70 on quality and 60 on price.
$77.45 a share, 14% above its 1-year low
Over the past year the price has ranged from $68.19 to $91.85.
Dividend: 2.8% a year
Paid every year for at least 5 years
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $68.6bn | $76.3bn | $78.8bn | $81.4bn | $84.6bn |
| Operating margin | |||||
| Operating margin | 3.4% | 4.0% | 4.1% | 3.8% | 3.7% |
| Debt to equity | |||||
| Debt to equity | 7.70 | 5.18 | 6.44 | 7.27 | 5.07 |
| Shares outstanding | |||||
| Shares outstanding | 0.51bn | 0.50bn | 0.48bn | 0.48bn | 0.48bn |
Health checks
- Free cash flow positive5 of 5 years
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)6 of 8 checks we could run
- Profit backed by cash (accruals)Yes
- Debt5.07× equity
- Revenue growth, five yearsStrong, 10.5% a year
- Buying back its own sharesYes, 5% fewer since 2022
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $22.1 billion last quarter, up 5% on a year ago.
- Profit: $551 million, up 4% on a year ago.
- It keeps 4 cents of each $1 of sales as operating profit, about the same as a year earlier.
- Spare cash over the past 12 months: $1.9 billion, up from $1.6 billion.
- Debt is $11.7 billion more than cash, down from $12.2 billion a year ago.
- Sales grew on a year ago in each of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $20.5bn |
| December 2024 | $20.2bn |
| March 2025 | $19.6bn |
| June 2025 | $21.1bn |
| September 2025 | $21.1bn |
| December 2025 | $20.8bn |
| March 2026 | $20.5bn |
| June 2026 | $22.1bn |
| Quarter to | Amount |
|---|---|
| September 2024 | $490m |
| December 2024 | $406m |
| March 2025 | $401m |
| June 2025 | $531m |
| September 2025 | $476m |
| December 2025 | $389m |
| March 2026 | $340m |
| June 2026 | $551m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- 3 November 2026
- Last annual report (10-K)
- 21 August 2026
- Next quarterly (estimated, 10-Q)
- 29 July 2026
Who owns it
22 long-term investors we follow own it, down from 23 last quarter. 1,633 funds in all.
- Cambiar InvestorsBrian Barish
- Value
- $46m
- Share of fund
- 2.0%
- Markel GroupTom Gayner
- Value
- $3m
- Share of fund
- <0.1%
- Aristotle Capital ManagementHoward Gleicher
- Value
- $2m
- Share of fund
- <0.1%
- GMOJeremy Grantham
- Value
- $863,214
- Share of fund
- <0.1%
Sold out this quarter
Largest holders overall
- BlackRock$3.6bnAdded
- Vanguard Capital Management$2.6bn
- State Street$2.3bn
- Vanguard Portfolio Management$2.3bn
- Harris Associates (Oakmark)$1.4bnAdded
- Geode Capital Management$1.1bn
- Goldman Sachs Group$856mAdded
- Invesco$615mCut
- Norges Bank$595mNew
- Boston Partners$517mCut
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
3 investors own more than 5%.
- BlackRock, Inc.Passive investor7.7%Since 31 December 2024
- Vanguard Capital ManagementPassive investor7.5%Since 31 March 2026
- Vanguard Portfolio ManagementPassive investor5.6%Since 31 March 2026
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
BlackRock, Inc. Passive investor | 7.7% | 31 December 2024 | |
Vanguard Capital Management Passive investor | 7.5% | 31 March 2026 | |
Vanguard Portfolio Management Passive investor | 5.6% | 31 March 2026 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 1 insider bought $1m of shares on the open market. 2 sold $2m, $2m of it under preset trading plans.
- Phillips Ronald LEVP and CHROSoldunder a preset trading plan
- Date
- 14 September 2026
- Shares
- 57
- Price
- $84.32
- Value
- $4,806
- Phillips Ronald LEVP and CHROSoldunder a preset trading plan
- Date
- 11 September 2026
- Shares
- 960
- Price
- $83.00
- Value
- $79,680
- Phillips Ronald LEVP and CHROSoldunder a preset trading plan
- Date
- 24 August 2026
- Shares
- 506
- Price
- $84.09
- Value
- $42,550
- Phillips Ronald LEVP and CHROSoldunder a preset trading plan
- Date
- 21 August 2026
- Shares
- 7,350
- Price
- $83.61
- Value
- $614,534
- Phillips Ronald LEVP and CHROSoldunder a preset trading plan
- Date
- 11 August 2026
- Shares
- 367
- Price
- $83.39
- Value
- $30,604
- Phillips Ronald LEVP and CHROSoldunder a preset trading plan
- Date
- 10 August 2026
- Shares
- 6,285
- Price
- $83.94
- Value
- $527,563
- Hinshaw John MDirectorBought
- Date
- 26 May 2026
- Shares
- 13,304
- Price
- $75.17
- Value
- $1m
- Talton SheilaDirectorSold
- Date
- 2 February 2026
- Shares
- 2,801
- Price
- $82.99
- Value
- $232,455
- Phillips Ronald LEVP and CHROSoldunder a preset trading plan
- Date
- 27 January 2026
- Shares
- 5,601
- Price
- $81.00
- Value
- $453,681
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 14 September 2026 | Phillips Ronald L EVP and CHRO | Sold under a preset trading plan | 57 | $84.32 | $4,806 |
| 11 September 2026 | Phillips Ronald L EVP and CHRO | Sold under a preset trading plan | 960 | $83.00 | $79,680 |
| 24 August 2026 | Phillips Ronald L EVP and CHRO | Sold under a preset trading plan | 506 | $84.09 | $42,550 |
| 21 August 2026 | Phillips Ronald L EVP and CHRO | Sold under a preset trading plan | 7,350 | $83.61 | $614,534 |
| 11 August 2026 | Phillips Ronald L EVP and CHRO | Sold under a preset trading plan | 367 | $83.39 | $30,604 |
| 10 August 2026 | Phillips Ronald L EVP and CHRO | Sold under a preset trading plan | 6,285 | $83.94 | $527,563 |
| 26 May 2026 | Hinshaw John M Director | Bought | 13,304 | $75.17 | $1m |
| 2 February 2026 | Talton Sheila Director | Sold | 2,801 | $82.99 | $232,455 |
| 27 January 2026 | Phillips Ronald L EVP and CHRO | Sold under a preset trading plan | 5,601 | $81.00 | $453,681 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
- It carries a lot of debt: 5.1× its equity.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.