How much is Sysco's Net Worth? This is a question that often comes up when looking at large corporations and their financial standing. Sysco Corporation (NYSE: SYY) is a giant in the foodservice industry, and understanding its net worth involves delving into its financial statements, market capitalization, and overall business health. It's not just a single number; it's a dynamic reflection of assets, liabilities, and market perception.
So, are you ready to uncover the financial powerhouse that is Sysco? Let's break it down step-by-step!
Step 1: Understanding "Net Worth" for a Corporation
Before we dive into Sysco's specifics, let's clarify what "net worth" means in a corporate context. For a publicly traded company like Sysco, net worth is often synonymous with shareholders' equity or book value. It's calculated as:
This figure represents the residual value of the company's assets after all its liabilities have been paid off. It's a key indicator of a company's financial health and its value to its owners (shareholders).
However, it's crucial to distinguish this from market capitalization, which is often what people informally refer to when discussing a company's "worth." Market capitalization is the total value of a company's outstanding shares, calculated as:
While net worth (shareholders' equity) gives a book value perspective, market capitalization reflects the market's perception of the company's value, which can fluctuate significantly based on various factors like investor sentiment, future growth prospects, and economic conditions.
Step 2: Discovering Sysco's Net Worth (Shareholders' Equity)
Sysco's net worth, specifically its shareholders' equity, has seen fluctuations over the years, as is typical for large companies.
Recent Figures (as of Q1 2025/latest available data): As of March 31, 2025, Sysco's quarterly net worth was approximately $36.22 billion. Looking at a slightly broader timeframe, as of July 7, 2025, it was around $37.54 billion.
Annual Trend:
For the fiscal year 2024, Sysco's annual net worth was approximately $34.94 billion.
In 2023, it stood at approximately $35.80 billion.
Historically, it reached a high of around $40.43 billion in 2022.
These figures indicate a substantial and generally stable equity base, reflecting Sysco's long-standing position as a market leader. It's important to note that these figures can change with each financial report.
Step 3: Examining Sysco's Market Capitalization
Now, let's look at what the market thinks Sysco is worth. This number is often more visible and widely discussed.
Current Market Cap (as of July 3, 2025): Sysco's market capitalization is approximately $37.42 billion.
Recent Trends: The market cap has shown some movement, with a 4.62% increase in the last 30 days leading up to July 3, 2025. Over the last 12 months, it has seen a slight decrease of -0.39%.
The proximity of Sysco's recent net worth (shareholders' equity) and its market capitalization suggests that the market's valuation is somewhat aligned with its book value, though there can always be divergences.
Step 4: Delving into Supporting Financial Data
To truly understand Sysco's "worth," we need to look beyond just net worth and market cap. Other financial metrics provide a more complete picture of the company's operational strength and profitability.
Sub-heading: Revenue Performance
Fiscal Year 2024 Revenue: Sysco's annual revenue for fiscal year 2024 was a robust $78.84 billion, marking a 3.30% increase from 2023.
Fiscal Year 2023 Revenue: In fiscal year 2023, the company reported annual revenue of $76.33 billion, an impressive 11.2% increase from 2022.
Quarterly Insights: For the quarter ending March 2025, Sysco's revenue was $19.60 billion. These consistent, high revenue figures underscore Sysco's dominant position as the world's largest broadline food distributor.
Sub-heading: Net Income and Profitability
Annual Net Income: Sysco's annual net income for 2024 was $1.955 billion, representing a 10.45% increase from 2023.
Quarterly Net Income: For the quarter ending March 31, 2025, Sysco's net income was $1.909 billion (trailing twelve months).
These figures demonstrate Sysco's ability to translate its massive sales into substantial profits.
Sub-heading: Total Assets and Liabilities
Total Assets (2024): Sysco reported total assets of approximately $24.9 billion in 2024.
Total Liabilities (approximate): While a precise direct "total liabilities" for 2024 is not immediately available, we know their total debt is around $13.5 billion, and their total liabilities (as of a recent quarter) were approximately $24.4 billion. This aligns with the net worth calculation.
The size of Sysco's asset base highlights the scale of its operations and its extensive network of distribution centers and inventory.
Step 5: Analyzing Sysco's Business and Market Position
Sysco's financial worth isn't just about numbers on a balance sheet; it's also about its strategic positioning and operational capabilities.
Sub-heading: Global Leader in Food Distribution
Sysco is the global leader in selling, marketing, and distributing food products to the "food-away-from-home" industry. This includes a vast array of customers, from restaurants and hospitals to schools and sports stadiums.
They operate 340 distribution centers in 10 countries and serve approximately 730,000 customer locations, showcasing their immense reach and infrastructure.
Sub-heading: Diversified Offerings
Beyond food, Sysco also provides foodservice supplies and equipment, including paper products, tableware, cookware, and cleaning supplies. This diversification strengthens their revenue streams and customer relationships.
They have specialized divisions, like FreshPoint for produce and Sygma for large chain restaurants, further enhancing their market penetration.
Sub-heading: Strategic Acquisitions and Sustainability Initiatives
Sysco has a history of strategic acquisitions, like Brakes in the UK and Greco and Sons for Italian specialty foods, which have fueled its growth and expanded its product portfolio.
The company is also making strides in sustainability, with initiatives like electric delivery trucks, which could contribute to long-term operational efficiency and a positive brand image.
Step 6: What Does This Mean for Investors and the Public?
Sysco's strong financial standing and market position make it an attractive consideration for investors looking for stability in the consumer defensive sector.
Dividend Payout: Sysco is known for paying consistent dividends, with a current dividend yield of approximately 2.82% in 2024, making it a "Dividend King" for many investors.
Analyst Outlook: The consensus among analysts is often a "Strong Buy," with average price targets suggesting potential upside for the stock.
However, as with any investment, it's crucial to conduct thorough research and consider your own financial goals and risk tolerance.
In conclusion, Sysco's net worth, whether viewed through its substantial shareholders' equity or its significant market capitalization, reflects a robust and leading entity in the global foodservice industry. Its consistent revenue generation, profitability, and strategic expansion efforts underscore its enduring financial strength.
10 Related FAQ Questions
How to Calculate a Company's Net Worth?
To calculate a company's net worth (shareholders' equity), you subtract its total liabilities from its total assets. The formula is: Net Worth = Total Assets - Total Liabilities.
How to Find Sysco's Latest Financial Reports?
Sysco's latest financial reports, including annual reports (10-K) and quarterly reports (10-Q), can typically be found on their official Investor Relations website (investors.sysco.com) or through SEC filing databases.
How to Interpret Sysco's Market Capitalization?
Sysco's market capitalization represents the total dollar value of all its outstanding shares. It's an indicator of the company's size as perceived by the stock market and fluctuates with the stock price.
How to Understand the Difference Between Net Worth and Market Cap?
Net worth (shareholders' equity) is a book value based on assets minus liabilities, while market capitalization is the total value of a company's shares traded on the stock market, reflecting investor sentiment and future expectations.
How to Track Sysco's Stock Performance?
You can track Sysco's stock performance (ticker SYY) on major financial news websites, stock market platforms, or investment apps that provide real-time stock quotes and historical data.
How to Assess Sysco's Profitability?
Assess Sysco's profitability by looking at metrics like net income, gross profit margin, operating income, and net profit margin, which are all typically found in their income statements.
How to Determine Sysco's Debt Level?
Sysco's debt level can be determined by looking at its balance sheet for "total debt" or "long-term debt." Financial ratios like debt-to-equity and interest coverage also provide insights into their leverage.
How to Learn About Sysco's Business Operations?
Information about Sysco's business operations, including its product offerings, distribution network, and customer base, can be found on their corporate website (sysco.com), in their annual reports, and through financial news outlets.
How to Invest in Sysco Stock?
To invest in Sysco stock (SYY), you would typically open a brokerage account, fund it, and then place an order to buy shares. It's advisable to do your own research or consult a financial advisor before investing.
How to Find Analyst Ratings and Price Targets for Sysco?
Analyst ratings and price targets for Sysco (SYY) can be found on financial websites that aggregate analyst research, such as StockAnalysis.com, TipRanks, or Investing.com. These provide a consensus view on the stock's future performance.
