Sysco Corporation (NYSE: SYY)
Food Distribution · Houston, TX, United States · Founded 1969
- Market capitalization: $40.0 billion
- Annual revenue: $76.0 billion
- Net income: $1.8 billion
- Employees: 72,000
- Sector: Consumer Defensive
- Headquarters: Houston, United States
- Founded: 1969
Source: Statvoo company profile for Sysco Corporation. Browse all 500+ companies
Sysco Corporation is the world's largest foodservice distributor, delivering food and related products to restaurants, healthcare facilities, educational institutions, and hospitality businesses. The company operates a fleet of over 14,000 delivery vehicles and serves approximately 725,000 customer locations. Sysco's scale and distribution network create barriers to entry that smaller competitors cannot easily replicate.
Sysco earns revenue by purchasing food products from manufacturers and farmers, then distributing them to foodservice customers with a markup. The company also sells its own Sysco-branded products, which carry higher margins than national brands.
Founded in 1969 in Houston through the merger of nine small food distributors, Sysco went public in 1970. The company's attempted $3.5 billion merger with US Foods was blocked by the FTC in 2015 on antitrust grounds. Sysco's recovery from the COVID-19 pandemic, which devastated restaurant demand, demonstrated the resilience of its diversified customer base.
| Market Capitalization | $40.0B |
| Annual Revenue | $76.0B |
| Net Income | $1.8B |
| Profit Margin | 2% |
| Revenue per Employee | $1055556K |
| Stock Exchange | NYSE |
| Ticker Symbol | SYY |
Financial data is approximate and based on most recent annual filings.
Sysco delivers roughly one in every six meals served outside the home in the United States. The company's private-label business alone would rank as one of the largest food companies in America.
Sysco is a toll road on the American restaurant industry—every time someone eats out, Sysco likely touched the supply chain. The stock is a steady compounder that benefits from restaurant industry growth without the volatility of operating restaurants.
What is Sysco Corporation's revenue?
Sysco Corporation generates approximately $76.0 billion in annual revenue.
How many employees does Sysco Corporation have?
Sysco Corporation employs approximately 72,000 people worldwide.
What is Sysco Corporation's market cap?
Sysco Corporation (SYY) has a market capitalization of approximately $40.0 billion on the NYSE.
When was Sysco Corporation founded?
Sysco Corporation was founded in 1969 and is headquartered in Houston, TX, United States.
Who is the CEO of Sysco Corporation?
Kevin Hourican is the current CEO of Sysco Corporation.
What is Sysco Corporation's website?
Sysco Corporation's official website is sysco.com.
| CEO | Kevin Hourican |
| Sector | Consumer Defensive |
| Industry | Food Distribution |
| Founded | 1969 |
| HQ | Houston, TX |
| Country | United States |
| Website | sysco.com |
See traffic, security, and technical data for Sysco Corporation's website:
📊 sysco.com stats 📋 WHOIS 🌐 DNS 🔒 SSL