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Sysco (SYY) EBIT : $3,177 Mil (TTM As of Sep. 2024)


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What is Sysco EBIT?

Sysco's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $802 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $3,177 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sysco's annualized ROC % for the quarter that ended in Sep. 2024 was 15.45%. Sysco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 37.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sysco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.11%.


Sysco EBIT Historical Data

The historical data trend for Sysco's EBIT 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.

* Premium members only.

Sysco EBIT Chart

Sysco Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 701.60 1,464.87 2,371.00 2,812.00 3,172.00

Sysco Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 797.00 694.80 711.67 968.59 802.00

Competitive Comparison of Sysco's EBIT

For the Food Distribution subindustry, Sysco's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sysco's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sysco's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sysco's EV-to-EBIT falls into.



Sysco EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,177 Mil.

* 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.


Sysco  (NYSE:SYY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sysco's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=3232 * ( 1 - 23.68% )/( (15574 + 16361)/ 2 )
=2466.6624/15967.5
=15.45 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Sysco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3208/( ( (6420 + max(1678, 0)) + (6566 + max(2334, 0)) )/ 2 )
=3208/( ( 8098 + 8900 )/ 2 )
=3208/8499
=37.75 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5324 + 4678 + 323) - (8647 + 0 + 0)
=1678

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5778 + 4991 + 351) - (8786 + 0 + 0)
=2334

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sysco's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=3177.058/51955.439
=6.11 %

* 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.


Sysco EBIT Related Terms

Thank you for viewing the detailed overview of Sysco's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Sysco Business Description

Address
1390 Enclave Parkway, Houston, TX, USA, 77077-2099
Sysco is the largest US foodservice distributor with 17% share of the highly fragmented $370 billion domestic market. It distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2024 revenue), education and government buildings (7%), travel and leisure (6%), healthcare facilities (7%), and other locations (18%) where individuals consume away-from-home meals. In fiscal 2024, 70% of the firm's revenue was derived from its US foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments contributed the rest.
Executives
Eve M Mcfadden officer: VP, General Counsel & Corp Sec 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Greg D Bertrand officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Sheila Talton director C/O ACCO BRANDS CORPORATION, 300 TOWER PARKWAY, LINCOLNSHIRE IL 60201
James Chris Jasper officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Neil Russell officer: Interim CFO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Jennifer L Johnson officer: SVP and CAO 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Victoria L Gutierrez officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Daniel Purefoy officer: SVP, Chief Supply Chain Off 33 KINGSWAY, LONDON X0 WC2B 6UF
Kenny K Cheung officer: EVP and CFO HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Kevin Hourican officer: President and CEO ONE CVS DRIVE, WOONSOCKET RI 02895
Scott B. Stone officer: VP, Finance and interim CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Paulo Peereboom officer: EVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Aaron E Alt officer: EVP and CFO 3001 COLORADO BLVD., DENTON TX 76210
Anita A Zielinski officer: SVP & CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Alison Kenney Paul director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077