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  • Previous Rank188
  • Revenues ($M)$50,367
  • Revenue Percent Change3.5%
  • Profits ($M)$949.6
  • Profits Percent Change38.3%
  • Assets ($M)$16,722
  • Employees51,900

In 2015, food distributor Sysco called off a planned $3.5 billion merger with U.S. Foods. Regulators killed the deal as the Federal Trade Commission filed a lawsuit that said it would have given the combined company 75% of the national market for distribution services. In the wake of the failed deal “Sysco had to pay a $300 million break-up fee” Sysco’s sales were flat and it worked to reduce costs, including through cuts to its workforce. More recently the company has regained its footing and its fiscal 2017 to date is showing sales growth over the same period the year before.

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Company Information

CEO
William J. DeLaney III
Sector
Wholesalers
Industry
Wholesalers: Food and Grocery
HQ Location
Houston, TX
Websitehttp://www.sysco.com
Years on Global 500 List23
Employees51,900
Figures are for fiscal year ended June 30, 2016.

Sysco Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$50,3673.5%
Profits ($M)$949.638.3%
Assets ($M)$16,722-
Total Stockholder Equity ($M)$3,480-

Profit Ratios

Profit as % of Revenues1.9%
Profits as % of Assets5.7%
Profits as % of Stockholder Equity27.3%