Sysco Corporation (SYY) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+16.2%

$95.72

vs $82.39 price

Levered DCF

$59.71

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

5.08

Safe zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	22.57×	20.06×	18.31×	21.26×	32.45×	74.36×	124.52×	21.81×
P/B	14.88×	20.01×	19.24×	18.74×	31.89×	25.19×	23.03×	14.6×
P/S	0.47×	0.45×	0.45×	0.49×	0.64×	0.76×	0.5×	0.61×
EV / EBITDA	12.82×	12.1×	11.52×	12.99×	16.79×	20.69×	22.09×	14.12×
Gross margin	18.5%	18.4%	18.5%	18.3%	17.9%	18.2%	18.7%	19.0%
Operating margin	3.7%	3.8%	4.1%	4.0%	3.4%	2.8%	1.4%	3.9%
Net margin	2.1%	2.2%	2.5%	2.3%	2.0%	1.0%	0.4%	2.8%
Current ratio	1.28×	1.21×	1.2×	1.24×	1.2×	1.47×	1.84×	1.33×
Debt / equity	5.61×	7.92×	6.96×	5.56×	8.24×	7.61×	13.01×	3.26×
Interest coverage	4.32×	4.86×	5.28×	5.77×	3.76×	1.64×	1.84×	6.47×
Dividend yield	2.6%	2.7%	2.8%	2.6%	2.2%	2.3%	3.2%	2.1%
Payout ratio	59.0%	54.7%	51.6%	56.3%	70.6%	175.0%	397.4%	46.3%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	65.9%	99.9%	105.1%	88.1%	98.3%	33.8%	18.6%	66.9%
Return on invested capital	12.4%	13.0%	15.0%	16.3%	13.0%	8.8%	3.1%	16.3%
Return on assets	6.2%	6.8%	7.8%	7.8%	6.2%	2.4%	1.0%	9.3%
Free cash flow yield	4.9%	4.4%	6.0%	5.5%	2.6%	3.7%	3.4%	4.7%
Earnings yield	4.4%	5.0%	5.5%	4.7%	3.1%	1.3%	0.8%	4.6%
Enterprise value	$52.9B	$50B	$48B	$48.1B	$54.6B	$47.9B	$35.7B	$44.2B
Net debt / EBITDA	3.2×	3.25×	2.94×	2.82×	3.24×	3.8×	5.58×	2.44×
Cash conversion cycle (days)	18	17	16	15	17	17	18	17