Sysco (SYY) Tax Rate (2009 - 2026)
Sysco (SYY) reported Tax Rate of 23.6% for Q1 2026, up 27.0% on a YoY basis from 18.58% in Q1 2025, and down 0.55% quarter-over-quarter from 23.73% in Q4 2025.
Sysco (SYY) Tax Rate (2009 - 2026) Analysis & Trends
Sysco has reported Tax Rate for 18 years, with the latest figure at 23.6% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 27.0% year-over-year to 23.6%; the trailing twelve-month figure through Mar 2026 stood at 23.56% (down 14.0% YoY), and the FY2025 full-year result was 24.31%, up 52.0% from the prior year.
- Tax Rate for Q1 2026 stood at 23.6%, down from 23.73% in the prior quarter.
- The five-year high for Tax Rate was 25.84% in Q2 2025, with the low at 20.55% in Q3 2022.
- Historically, Tax Rate has averaged 22.86% across 5 years, with a median of 23.37% in 2023.
- The largest YoY upside for Tax Rate was 2694 bps in 2022 against a maximum downside of 366 bps in 2022.
- Sysco's Tax Rate stood at 20.88% in 2022, then increased by 14 bps to 23.85% in 2023, then declined by 0 bps to 23.83% in 2024, then decreased by 0 bps to 23.73% in 2025, then slipped by 1 bps to 23.6% in 2026.
- The last three Tax Rate figures came in at 23.6% (Q1 2026), 23.73% (Q4 2025), and 20.67% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sysco | 37.73 Bn | 35.83 Bn | 3.81 Bn | 23.60% |
| 2 | US Foods Holding | 19.91 Bn | 19.86 Bn | 1.65 Bn | 18.31% |
| 3 | Performance Food | 15.69 Bn | 15.65 Bn | 1.94 Bn | 25.40% |
| 4 | Chefs' Warehouse | 3.31 Bn | 3.19 Bn | 257.37 Mn | 23.62% |
| 5 | United Natural Foods | 3.08 Bn | 3.04 Bn | 1.05 Bn | 21.43% |
| 6 | Andersons | 2.53 Bn | 2.50 Bn | 160.58 Mn | 13.45% |
| 7 | Mission Produce | 800.45 Mn | 798.35 Mn | 20.50 Mn | 14.94% |
| 8 | G Willi Food International | 481.37 Mn | 403.39 Mn | 14.95 Mn | 157.51% |
| 9 | CVGW | 466.33 Mn | 420.35 Mn | - | - |
| 10 | HF Foods | 100.80 Mn | 101.81 Mn | 50.53 Mn | -41.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 23.60% |
| Mar 28, 2026 | 23.60% |
| Dec 27, 2025 | 23.73% |
| Dec 27, 2025 | 23.73% |
| Sep 27, 2025 | 20.67% |
| Sep 27, 2025 | 20.67% |
| Jun 28, 2025 | 25.84% |
| Jun 28, 2025 | 25.84% |
| Mar 29, 2025 | 23.33% |
| Mar 29, 2025 | 23.33% |
| Dec 28, 2024 | 23.83% |
| Dec 28, 2024 | 23.83% |
| Sep 28, 2024 | 23.68% |
| Sep 28, 2024 | 23.68% |
| Jun 29, 2024 | 23.88% |
| Jun 29, 2024 | 23.88% |
| Mar 30, 2024 | 23.29% |
| Mar 30, 2024 | 23.29% |
| Dec 30, 2023 | 23.85% |
| Dec 30, 2023 | 23.85% |