Sysco (FRA:SYY) Tax Rate % : 23.83% (As of Dec. 2023)

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What is Sysco Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sysco's Tax Expense for the three months ended in Dec. 2023 was €119 Mil. Sysco's Pre-Tax Income for the three months ended in Dec. 2023 was €500 Mil. Therefore, Sysco's Tax Rate % for the quarter that ended in Dec. 2023 was 23.83%.

Sysco Tax Rate % Historical Data

The historical data trend for Sysco's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sysco Tax Rate % Chart

Sysco Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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16.53

26.56

10.35

22.21

22.54

Sysco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															20.88	22.46	23.40	24.03	23.83

Sysco Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Sysco's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	475.558	/	2109.383
	=	22.54 %

Sysco's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	119.096	/	499.873
	=	23.83 %

Sysco Tax Rate % Related Terms

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Sysco (FRA:SYY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sysco Corp (FRA:SYY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SYY:USA SYY:Germany SYY:Argentina

Address

1390 Enclave Parkway, Houston, TX, USA, 77077-2099

Website

https://www.sysco.com

Sysco is the largest U.S. foodservice distributor with 17% share of the highly fragmented $350 billion domestic market. Sysco distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%) and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm's revenue was derived from its U.S. foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments made up the difference.