Sysco (SYY) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 18.6%
EBITDA Margin: 4.2%
Op. Margin: 3.0%
Net Margin: 1.7%

Op. margin of 3.0% is down 0.5% YoY — costs are rising relative to revenue. Net margin at 1.7% and gross margin of 18.6% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit