Price to Earnings (P/E)
since 2005
Calculation
Sysco Corp., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net earnings1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 28, 2024 | 19.28 | = | 76.67 | ÷ | 3.98 | 3.98 | = | 1,955 | ÷ | 491,520,584 | |
| Aug 25, 2023 | 19.90 | = | 69.76 | ÷ | 3.51 | 3.51 | = | 1,770 | ÷ | 504,925,847 | |
| Aug 26, 2022 | 31.15 | = | 83.63 | ÷ | 2.68 | 2.68 | = | 1,359 | ÷ | 506,110,343 | |
| Aug 30, 2021 | 77.16 | = | 78.99 | ÷ | 1.02 | 1.02 | = | 524 | ÷ | 512,081,796 | |
| Aug 26, 2020 | 135.70 | = | 57.50 | ÷ | 0.42 | 0.42 | = | 215 | ÷ | 508,535,623 | |
| Aug 26, 2019 | 22.48 | = | 73.35 | ÷ | 3.26 | 3.26 | = | 1,674 | ÷ | 513,176,946 | |
| Aug 27, 2018 | 27.08 | = | 74.54 | ÷ | 2.75 | 2.75 | = | 1,431 | ÷ | 519,774,992 | |
| Aug 30, 2017 | 24.35 | = | 52.71 | ÷ | 2.16 | 2.16 | = | 1,143 | ÷ | 527,881,766 | |
| Aug 30, 2016 | 30.36 | = | 51.93 | ÷ | 1.71 | 1.71 | = | 950 | ÷ | 555,133,162 | |
| Aug 25, 2015 | 33.82 | = | 39.04 | ÷ | 1.15 | 1.15 | = | 687 | ÷ | 594,917,977 | |
| Aug 26, 2014 | 23.79 | = | 37.77 | ÷ | 1.59 | 1.59 | = | 932 | ÷ | 586,765,938 | |
| Aug 27, 2013 | 18.82 | = | 31.74 | ÷ | 1.69 | 1.69 | = | 992 | ÷ | 588,347,435 | |
| Aug 28, 2012 | 15.93 | = | 30.45 | ÷ | 1.91 | 1.91 | = | 1,122 | ÷ | 586,604,951 | |
| Aug 30, 2011 | 14.32 | = | 27.84 | ÷ | 1.94 | 1.94 | = | 1,152 | ÷ | 592,697,484 | |
| Aug 31, 2010 | 13.71 | = | 27.49 | ÷ | 2.01 | 2.01 | = | 1,180 | ÷ | 588,379,521 | |
| Aug 25, 2009 | 14.18 | = | 25.33 | ÷ | 1.79 | 1.79 | = | 1,056 | ÷ | 591,015,830 | |
| Aug 26, 2008 | 17.20 | = | 31.60 | ÷ | 1.84 | 1.84 | = | 1,106 | ÷ | 601,993,798 | |
| Aug 28, 2007 | 19.95 | = | 32.74 | ÷ | 1.64 | 1.64 | = | 1,001 | ÷ | 609,972,298 | |
| Sep 14, 2006 | 24.17 | = | 33.37 | ÷ | 1.38 | 1.38 | = | 855 | ÷ | 619,613,777 | |
| Sep 15, 2005 | 20.98 | = | 32.17 | ÷ | 1.53 | 1.53 | = | 961 | ÷ | 626,984,757 |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27), 10-K (reporting date: 2014-06-28), 10-K (reporting date: 2013-06-29), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-07-02), 10-K (reporting date: 2010-07-03), 10-K (reporting date: 2009-06-27), 10-K (reporting date: 2008-06-28), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-07-01), 10-K (reporting date: 2005-07-02).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Sysco Corp. Annual Report.
The share price exhibits a moderate fluctuation throughout the period, starting at $32.17 in 2005, dipping to a low of $25.33 in 2009, and then rising substantially to reach a peak of $83.63 in 2022. There is a noticeable decline after this peak in 2023, with the price dropping to $69.76, followed by a recovery to $76.67 in 2024. Overall, the trend indicates growth in market valuation despite periods of volatility.
Earnings per share (EPS) present a generally upward trajectory from 1.53 in 2005 to 3.98 in 2024, signaling improving profitability. Notably, EPS dipped to 0.42 in 2020, likely reflecting significant challenges during that period, but recovered steadily in subsequent years. The overall increase indicates enhanced earnings capacity and operational efficiency over the long term.
The price-to-earnings (P/E) ratio fluctuates significantly, starting at 20.98 in 2005 and dropping to a low of 13.71 in 2010. It then rises sharply to a peak of 135.7 in 2020, before declining progressively to 19.28 in 2024. The spike in 2020 corresponds with the sharp decline in EPS that year, suggesting market expectations remained high despite reduced earnings. The normalization of the P/E ratio in later years indicates a return to more typical valuation levels relative to earnings.
- Share Price
- Shows moderate initial fluctuations with a significant uptrend from 2009 onward, peaking in 2022 before a recent decline and partial recovery.
- Earnings Per Share (EPS)
- Generally increases over the period, with a marked drop in 2020 followed by recovery, demonstrating improved profitability over time.
- Price-to-Earnings (P/E) Ratio
- Varies considerably, reflecting changing market sentiment and earnings volatility, notably spiking in 2020 due to low earnings and subsequently normalizing.
Comparison to Competitors
Sysco Corp., P/E, long-term trends, comparison to competitors
| Sysco Corp. | Costco Wholesale Corp. | Target Corp. | Walmart Inc. | |
|---|---|---|---|---|
| Aug 28, 2024 | 19.28 | 54.68 | 18.60 | 31.52 |
| Aug 25, 2023 | 19.90 | 39.79 | 27.08 | 32.17 |
| Aug 26, 2022 | 31.15 | 36.38 | 14.38 | 29.27 |
| Aug 30, 2021 | 77.16 | 39.65 | 20.39 | 27.47 |
| Aug 26, 2020 | 135.70 | 40.02 | 16.12 | 21.69 |
| Aug 26, 2019 | 22.48 | 35.76 | 13.56 | 41.79 |
| Aug 27, 2018 | 27.08 | 30.51 | 12.97 | 26.62 |
| Aug 30, 2017 | 24.35 | 25.70 | 11.11 | 16.03 |
| Aug 30, 2016 | 30.36 | 27.99 | 14.61 | 14.72 |
| Aug 25, 2015 | 33.82 | 27.57 | — | 15.91 |
| Aug 26, 2014 | 23.79 | 26.44 | 19.07 | 15.34 |
| Aug 27, 2013 | 18.82 | 25.15 | 14.65 | 14.48 |
| Aug 28, 2012 | 15.93 | 23.98 | 13.41 | 13.25 |
| Aug 30, 2011 | 14.32 | 24.24 | 12.23 | 11.15 |
| Aug 31, 2010 | 13.71 | 20.97 | 15.77 | 14.66 |
| Aug 25, 2009 | 14.18 | 23.48 | 10.19 | 15.44 |
| Aug 26, 2008 | 17.20 | 19.45 | 14.43 | 16.36 |
| Aug 28, 2007 | 19.95 | 25.99 | 18.35 | 17.36 |
| Sep 14, 2006 | 24.17 | 22.18 | 18.67 | 17.83 |
| Sep 15, 2005 | 20.98 | 22.23 | 13.78 | 20.66 |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27), 10-K (reporting date: 2014-06-28), 10-K (reporting date: 2013-06-29), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-07-02), 10-K (reporting date: 2010-07-03), 10-K (reporting date: 2009-06-27), 10-K (reporting date: 2008-06-28), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-07-01), 10-K (reporting date: 2005-07-02).
Comparison to Sector (Consumer Staples Distribution & Retail)
Sysco Corp., P/E, long-term trends, comparison to sector (consumer staples distribution & retail)
| Sysco Corp. | Consumer Staples Distribution & Retail | |
|---|---|---|
| Aug 28, 2024 | 19.28 | 35.86 |
| Aug 25, 2023 | 19.90 | 33.80 |
| Aug 26, 2022 | 31.15 | 26.93 |
| Aug 30, 2021 | 77.16 | 28.78 |
| Aug 26, 2020 | 135.70 | 24.18 |
| Aug 26, 2019 | 22.48 | 33.88 |
| Aug 27, 2018 | 27.08 | 24.87 |
| Aug 30, 2017 | 24.35 | 16.68 |
| Aug 30, 2016 | 30.36 | 16.23 |
| Aug 25, 2015 | 33.82 | 22.02 |
| Aug 26, 2014 | 23.79 | 16.85 |
| Aug 27, 2013 | 18.82 | 15.49 |
| Aug 28, 2012 | 15.93 | 14.17 |
| Aug 30, 2011 | 14.32 | 12.22 |
| Aug 31, 2010 | 13.71 | 15.27 |
| Aug 25, 2009 | 14.18 | 15.26 |
| Aug 26, 2008 | 17.20 | 16.27 |
| Aug 28, 2007 | 19.95 | 18.16 |
| Sep 14, 2006 | 24.17 | 18.30 |
| Sep 15, 2005 | 20.98 | 19.26 |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27), 10-K (reporting date: 2014-06-28), 10-K (reporting date: 2013-06-29), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-07-02), 10-K (reporting date: 2010-07-03), 10-K (reporting date: 2009-06-27), 10-K (reporting date: 2008-06-28), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-07-01), 10-K (reporting date: 2005-07-02).
Comparison to Industry (Consumer Staples)
Sysco Corp., P/E, long-term trends, comparison to industry (consumer staples)
| Sysco Corp. | Consumer Staples | |
|---|---|---|
| Aug 28, 2024 | 19.28 | 29.43 |
| Aug 25, 2023 | 19.90 | 26.62 |
| Aug 26, 2022 | 31.15 | 25.35 |
| Aug 30, 2021 | 77.16 | 26.07 |
| Aug 26, 2020 | 135.70 | 24.12 |
| Aug 26, 2019 | 22.48 | 31.92 |
| Aug 27, 2018 | 27.08 | 20.62 |
| Aug 30, 2017 | 24.35 | 22.78 |
| Aug 30, 2016 | 30.36 | 21.50 |
| Aug 25, 2015 | 33.82 | 21.97 |
| Aug 26, 2014 | 23.79 | 19.71 |
| Aug 27, 2013 | 18.82 | 17.00 |
| Aug 28, 2012 | 15.93 | 16.60 |
| Aug 30, 2011 | 14.32 | 14.81 |
| Aug 31, 2010 | 13.71 | 14.32 |
| Aug 25, 2009 | 14.18 | 14.63 |
| Aug 26, 2008 | 17.20 | 15.52 |
| Aug 28, 2007 | 19.95 | 19.68 |
| Sep 14, 2006 | 24.17 | 19.79 |
| Sep 15, 2005 | 20.98 | 20.04 |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27), 10-K (reporting date: 2014-06-28), 10-K (reporting date: 2013-06-29), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-07-02), 10-K (reporting date: 2010-07-03), 10-K (reporting date: 2009-06-27), 10-K (reporting date: 2008-06-28), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-07-01), 10-K (reporting date: 2005-07-02).