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Sysco Corporation (SYY)
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Sysco Corporation (SYY) Tax Rate: 24.31%

Is Sysco Corporation’s tax rate high or low?

Sysco Corporation's tax rate of 24.31% is 18% above its 5-year average of 20.64%, near the high end of its 5-year range (10.35%–24.31%).

The tax rate for Sysco Corporation (SYY) is 24.31%. It is above its 12-month average by 1.10% (24.05%).

SYY Tax Rate Chart

SYY Tax Rate
24.31%+2.23% 1Y
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SYY Average Tax Rate Chart

SYY Current vs Average Tax Rate Chart

SYY Tax Rate Metrics

TAX RATE

24.31%

TAX RATE AVG TTM

24.05%

TAX RATE AVG 3Y

23.21%

TAX RATE AVG 5Y

20.64%

TAX RATE AVG 10Y

24.91%

TAX RATE AVG 15Y

28.57%

TAX RATE AVG 20Y

30.97%

CURRENT VS TTM AVG

+1.10%

CURRENT VS 3Y AVG

+4.74%

CURRENT VS 5Y AVG

+17.79%

CURRENT VS 10Y AVG

-2.43%

CURRENT VS 15Y AVG

-14.91%

CURRENT VS 20Y AVG

-21.49%

Sysco Corporation Tax Rate Formula & Definition

Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Sysco Corporation Tax Rate FAQ

What is the tax rate for Sysco Corporation (SYY)?
The tax rate for SYY stock is 24.31%.
Is Sysco Corporation's tax rate high or low?
Sysco Corporation's tax rate of 24.31% is 18% above its 5-year average of 20.64%, near the high end of its 5-year range (10.35%–24.31%).
What is the TTM average tax rate for Sysco Corporation (SYY)?
The TTM average tax rate for SYY stock is 24.05%.
What is the 3Y average tax rate for Sysco Corporation (SYY)?
The 3Y average tax rate for SYY stock is 23.21%.
What is the 5Y average tax rate for Sysco Corporation (SYY)?
The 5Y average tax rate for SYY stock is 20.64%.
What is the 10Y average tax rate for Sysco Corporation (SYY)?
The 10Y average tax rate for SYY stock is 24.91%.
What is the 15Y average tax rate for Sysco Corporation (SYY)?
The 15Y average tax rate for SYY stock is 28.57%.
What is the 20Y average tax rate for Sysco Corporation (SYY)?
The 20Y average tax rate for SYY stock is 30.97%.

Sysco Corporation Tax Rate History

DATETAX RATE
2025-06-2824.31%
2024-06-2923.78%
2023-07-0122.54%
2022-07-0222.21%
2021-07-0310.35%
2020-06-2726.56%
2019-06-3016.53%
2018-06-3026.86%
2017-06-3035.31%
2016-06-3033.73%
2015-06-3031.88%
2014-06-3036.87%
2013-06-3035.87%
2012-06-3037.13%
2011-06-3036.96%
2010-06-3036.20%
2009-06-3040.37%
2008-06-3038.25%
2007-06-3038.25%
2006-06-3039.35%
2005-06-3036.97%
2004-06-3038.50%
2003-06-3038.25%
2002-06-3038.25%
2001-06-3038.25%
2000-06-3038.50%
1999-06-3039.00%
1998-06-3039.00%
1997-06-3039.00%
1996-06-3039.00%

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.

Houston, TX
76,000 employees
Consumer Defensive / Food Distribution
Sector
Consumer Defensive
Industry
Food Distribution
CEO
Kevin Hourican