Sysco (SYY) Operating Margin (2009 - 2026)
Sysco's (SYY) quarterly Operating Margin came in at 4.44% in Q2 2026, up 24.0% on a YoY basis from 3.58% in Q2 2025, and up 47.28% quarter-over-quarter from 3.02% in Q1 2026.
Analysis
Sysco (SYY) Operating Margin (2009 - 2026) Analysis & Trends
Sysco (SYY) has reported Operating Margin for 18 consecutive years, with 4.44% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 24.0% year-over-year to 4.44%; the trailing twelve-month figure through Jun 2026 stood at 3.66% (down 14.0% YoY), and the FY2026 full-year result was 3.66%, down 13.0% from the prior year.
- Operating Margin rose to 4.44% in Q2 2026 per SYY's latest filing, from 3.02% in the prior quarter.
- Across five years, Operating Margin topped out at 4.91% in Q3 2023 and bottomed at 2.73% in Q1 2022.
- Historically, Operating Margin has averaged 3.76% across 5 years, with a median of 3.73% in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Margin jumped 94 bps in 2022, then sank 55 bps in 2025.
- Over 5 years, Operating Margin stood at 3.45% in 2022, then rose by 5 bps to 3.63% in 2023, then declined by 3 bps to 3.53% in 2024, then declined by 6 bps to 3.33% in 2025, then soared by 33 bps to 4.44% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 4.44%, 3.02%, and 3.33% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sysco | 38.34 Bn | 36.56 Bn | 4.13 Bn | 4.44% |
| 2 | US Foods Holding | 22.50 Bn | 22.45 Bn | 1.92 Bn | 4.21% |
| 3 | Performance Food | 15.40 Bn | 15.31 Bn | 2.17 Bn | 1.80% |
| 4 | Chefs' Warehouse | 4.66 Bn | 4.53 Bn | 292.89 Mn | 5.02% |
| 5 | United Natural Foods | 2.67 Bn | 2.63 Bn | 1.05 Bn | 0.85% |
| 6 | Karat Packaging | 964.06 Mn | 917.72 Mn | 77.16 Mn | 27.59% |
| 7 | G Willi Food International | 359.40 Mn | 313.05 Mn | 18.94 Mn | 15.60% |
| 8 | HF Foods | 95.40 Mn | 96.45 Mn | 55.05 Mn | 0.87% |
| 9 | Amcon Distributing | 66.02 Mn | 65.38 Mn | 49.80 Mn | 0.75% |
| 10 | Marwynn Holdings | 25.85 Mn | 25.70 Mn | 481,872.00 | 9.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 4.44% |
| Mar 28, 2026 | 3.02% |
| Dec 27, 2025 | 3.33% |
| Sep 27, 2025 | 3.78% |
| Jun 28, 2025 | 4.20% |
| Mar 29, 2025 | 3.47% |
| Dec 28, 2024 | 3.53% |
| Sep 28, 2024 | 3.94% |
| Jun 29, 2024 | 4.75% |
| Mar 30, 2024 | 3.73% |
| Dec 30, 2023 | 3.63% |
| Sep 30, 2023 | 4.10% |
| Jul 1, 2023 | 4.91% |
| Apr 1, 2023 | 3.69% |
| Dec 31, 2022 | 3.45% |
| Oct 1, 2022 | 3.85% |
| Jul 2, 2022 | 4.04% |
| Apr 2, 2022 | 2.93% |
| Jan 2, 2022 | 2.73% |
| Oct 2, 2021 | 3.84% |