Sysco Corporation (SYY) Income Tax Expense
The tax expense for Sysco Corporation (SYY) is $587.00 Million with a year-over-year change of -3.77%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
SYY Tax Expense Chart
Current Tax Expense
$587.00M
$587.00 Million
Year-over-Year Change
-3.77%
vs. $610.00M prior year
Historical Data
30
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $587.00M | $-23.00M | -3.77% |
| 2024 | $610.00M | +$95.00M | +18.45% |
| 2023 | $515.00M | +$127.00M | +32.73% |
| 2022 | $388.00M | +$327.48M | +541.12% |
| 2021 | $60.52M | $-17.39M | -22.32% |
| 2020 | $77.91M | $-253.66M | -76.50% |
| 2019 | $331.56M | $-193.89M | -36.90% |
| 2018 | $525.46M | $-98.27M | -15.76% |
| 2017 | $623.73M | +$140.34M | +29.03% |
| 2016 | $483.38M | +$162.01M | +50.41% |
| 2015 | $321.37M | $-222.72M | -40.93% |
| 2014 | $544.09M | $-10.94M | -1.97% |
| 2013 | $555.03M | $-107.39M | -16.21% |
| 2012 | $662.42M | $-13.01M | -1.93% |
| 2011 | $675.42M | +$5.82M | +0.87% |
| 2010 | $669.61M | $-45.28M | -6.33% |
| 2009 | $714.89M | +$29.70M | +4.33% |
| 2008 | $685.19M | +$65.05M | +10.49% |
| 2007 | $620.14M | +$71.23M | +12.98% |
| 2006 | $548.91M | $-15.07M | -2.67% |
| 2005 | $563.98M | $-3.95M | -0.70% |
| 2004 | $567.93M | +$85.83M | +17.80% |
| 2003 | $482.10M | +$61.02M | +14.49% |
| 2002 | $421.08M | +$51.34M | +13.88% |
| 2001 | $369.75M | +$85.77M | +30.20% |
| 2000 | $283.98M | +$52.36M | +22.61% |
| 1999 | $231.62M | +$23.92M | +11.51% |
| 1998 | $207.70M | +$14.30M | +7.39% |
| 1997 | $193.40M | +$16.40M | +9.27% |
| 1996 | $177.00M | — | — |
About Sysco Corporation
Sysco Corporation (SYY) stands as a prominent distributor and marketer of food and related goods, primarily serving the "food-away-from-home" sector across global markets, including the United States, Canada, the United Kingdom, and France. The company structures its operations across several key divisions: U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The extensive inventory includes a wide variety of food items. These range from frozen products such as meats, seafood, prepared entrées, fruits, vegetables, and desserts, to shelf-stable canned and dry goods. Sysco also supplies fresh meats, seafood, dairy products, diverse beverages, specialized imported items, and fresh produce. Beyond culinary provisions, Sysco furnishes essential non-food supplies crucial for foodservice establishments. These encompass disposable paper products (like napkins, plates, and cups), tableware (including china and silverware), various cookware items (pots, pans, and utensils), a broad selection of restaurant and kitchen equipment and supplies, and cleaning solutions. Its broad customer base spans numerous foodservice venues, such as independent and chain restaurants, hospitals, nursing homes, schools, colleges, hotels, motels, and industrial caterers. As of August 27, 2021, its operations were supported by an impressive network of 343 distribution facilities. Founded in 1969, Sysco Corporation maintains its headquarters in Houston, Texas.
- Sector
- Consumer Defensive
- Industry
- Food Distribution
- CEO
- Kevin Hourican