SYY Sysco Corporation Common Stock
About Sysco Corporation Common Stock Company overview from Wikipedia
Sysco is an American multinational corporation that sells, markets, and distributes food products to restaurants, healthcare and educational facilities, sports stadiums, and other venues that serve food. It also sells foodservice supplies and equipment. The company is headquartered in the Energy Corridor district of Houston, Texas.
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Sysco is an American multinational corporation that sells, markets, and distributes food products to restaurants, healthcare and educational facilities, sports stadiums, and other venues that serve food. It also sells foodservice supplies and equipment. The company is headquartered in the Energy Corridor district of Houston, Texas.
Sysco was founded in 1969 by Herbert Irving, John F. Baugh, and Harry Rosenthal. The company became public on March 3, 1970.
Sysco is the world's largest broadline food distributor. As of June 2024, the company has approximately 76,000 employees and serves 730,000 customer locations. It operates 340 distribution centers in 10 countries. In 2019 Sysco entered the UK market by purchasing Brakes and forming Sysco GB. Fortune magazine has consistently included Sysco in its annual Fortune 500 rankings of the largest companies in the United States based on total revenue. In 2024, Sysco placed 54th in these rankings.
History
Founding and early history
In 1966, Zero Foods owner John Baugh initiated discussions with the leaders of eight other food distribution companies about the prospect of forming one large corporation. The nine companies agreed to terms and formed Sysco in May 1969. At the time of the merger, the total sales of the nine companies were approximately US$115 million (equivalent to $0.8 billion in 2024). In March 1970, Sysco held its initial public offering.
Sysco made its first acquisition in 1970, purchasing Arrow Foods Distributor. Between 1970 and 1980, the company continued to grow through the acquisition of 25 small food distributors. It also expanded its trucking fleet and constructed refrigerated warehouses for food storage.
In 1980, Sysco recorded $1.2 billion (equivalent to $3.8 billion in 2024) in annual revenue. The following year, it moved its stock from the American Stock Exchange to the New York Stock Exchange. In 1985, Sysco was described in a New York Times report as "the nation's leading food service marketing and distribution company."
Acquisitions and expansion
In 1988, Sysco achieved nationwide coverage through its acquisition of the food distributor CFS Continental. By 1996, Sysco was the third-largest company in Houston and had over 30,000 employees. Sysco acquired Newport Meat in 1999, which at the time had sales of approximately $100 million per year. This was the company's first acquisition of a California company. Sysco's annual sales in 1995 were $12 billion (equivalent to $22 billion in 2024), increasing by 2000 to $19 billion (equivalent to $33 billion in 2024). In 2002, Sysco expanded into the Canadian market by purchasing SERCA Foodservices for $278 million. SERCA's business was similar to Sysco's, with the Canadian company supplying food products and foodservice supplies to approximately 80,000 customers at the time of the acquisition. The following year, Sysco acquired Asian Foods, which was then the largest Asian food distribution company in North America. In 2009, Sysco made its first acquisition outside of North America, buying the Irish food distributor Pallas Foods. Further expanding its footprint in Ireland, Sysco purchased the food distributor Crossgar Foodservice for an undisclosed amount in 2012. In December 2012, Sysco acquired American companies Appert's Foodservice, Buchy Food Service and Central Seafood Company, and the Distagro food service division of Canadian supermarket chain Metro-Richelieu Inc.
On December 9, 2013, Sysco announced they were planning to acquire US Foods, their closest competitor, for a total of $3.5 billion. However, on June 23, 2015, US Federal Judge Amit Mehta ruled that the combined Sysco-US Foods would control 75% of the U.S. food service industry and would stifle competition. As a result, on June 29, 2015, Sysco terminated its merger with US Foods.
In February 2016, Sysco announced that it was purchasing the British company Brakes for $3.1 billion. At the time, Brakes was serving about 50,000 restaurants, hotels, and schools across Europe. In October 2017, Sysco acquired HFM FoodService, and later changed its name to Sysco Hawai'i in 2019. With continued acquisitions and general growth, Sysco's annual revenue continued to increase, from 2012 sales of $39 billion (equivalent to $53 billion in 2024) to 2017 sales of $55 billion (equivalent to $69 billion in 2024).
In February 2018, Sysco acquired Doerle Food Services, a Louisiana-based foodservice. In March 2018, Sysco acquired Kent Frozen Foods. In 2020, Sysco acquired a 50% stake in Pacific Star Foodservice.
In May 2021, Sysco acquired Greco and Sons, a distributor of Italian specialty food products. In the September the same year, Sysco acquired Medina Foodservice. In November 2021, FreshPoint, a division of Sysco, acquired Paragon Foods. Later that year, Sysco purchased the fresh produce distributor The Coastal Companies for the purpose of supplementing both its fleet and its specialty produce business. In October 2023, Sysco announced that it was purchasing Edward Don & Company, a food service supplies and equipment distributor. This acquisition gave the company additional office and distribution space, as well as the ability to design and build kitchens for its customers.
Announced in December 2024, Sysco Ireland acquired Ready Chef Ltd. for €7.59 million in 2024.
In October 2024, Sysco acquired Scotland-based meat and fish supplier, Cambell's Prime Meat.
In March 2026, Sysco contracted to acquire Jetro Restaurant Depot LLC, for $29.1 billion, including debt. Jetro reported $2.1 billion in earnings from $16 billion in revenue in 2025. The acquisition is expected to close prior to Sysco's March 2027 year-end, with Jetro shareholders to receive $21.6 billion in cash and 91.5 million shares, about 16% of Sysco's stock.
Products and services
Sysco sells and distributes food and non-food products to businesses that serve food, such as restaurants, healthcare facilities, sports stadiums, and schools. These goods include ingredients such as meats and produce, as well as frozen foods and prepared meals. Sysco also provides its customers with dining room supplies, kitchen equipment, and eating utensils.
Within its broader business, Sysco provides customers goods and expertise through its specialty divisions. For example, its FreshPoint division supplies produce to customers. In 2021, Sysco acquired Greco & Sons, an importer and distributor of Italian food products. Greco & Sons operates as an independent division within the company. Sysco offers custom kitchen building for its restaurant customers. The company also aids these customers with tasks such as menu design and the development of marketing campaigns.
Sysco owns Sygma, a subsidiary it founded in January 1984. Sygma is a food service supplier specializing in large chain restaurants. As of February 2023, Sygma was operating 15 distribution centers and delivering goods to 13,000 chain franchises throughout the United States.
Since 2009, Sysco has worked with the World Wildlife Fund to set targets on the volume of seafood it procures from sustainable fisheries. In January 2021, Sysco announced plans to increase purchases of sustainable seafood, particularly from fisheries certified by the Marine Stewardship Council and the Aquaculture Stewardship Council. Sysco's "One Planet. One Table." assortment of products, which includes approximately 3,000 food items backed by at least one of 20 sustainability certifications and standards, launched in November 2023.
In 2016, Sysco committed to a 10-year plan to use 100% cage-free eggs in its US supply chain by 2026.
In December 2021, Sysco announced its intention to cut its carbon footprint by 27.5% by 2030. In May 2022, Sysco committed to the purchase of 800 Freightliner eCascadia electric trucks. The first vehicles in this order were delivered in November 2022. In August 2022, Sysco's UK division launched its first electric delivery truck. In April 2023, the company announced the construction of an electric vehicle hub in Riverside, California. As of September 2024, the company operates 130 heavy-duty electric tractors across the US, Canada, Sweden, and the UK.
In February 2024, the company's UK division partnered with the foodservice technology firm Nutritics to develop a system that helps food businesses quantify the carbon footprint of the food they serve.
Labor disputes and corporate practices
In 2014, Sysco paid a $19.4 million settlement to the state of California following a 2013 investigation into the company's use of unrefrigerated storage for perishable food including meat and dairy. The investigation found 21 unregistered, uninspected 'sheds' used by the company.
In early April 2023, International Brotherhood of Teamsters members at Sysco locations in Louisville and Indianapolis went on strike for higher wages and to end "barbaric" work schedules. In a United States Department of Labor review in 2024, Sysco agreed to pay to settle an allegation regarding hiring discrimination against female employees. In October 2025, Teamsters at Sysco San Francisco and Portland authorized a strike for Sysco failing to produce a fair contract.
The Outlaw Ocean Project published a report in October 2023 alleging China's use of North Korean labor, with accounts of rampant sexual abuse. Following this, in January 2024 Sysco published a statement noting the suspension of all contracts with Dalian Haiqing Foods citing "human and labor rights abuses". An investigation by the St. Petersburg Times found that the company was selling mislabeled fish (grouper in this instance). Meanwhile, the Associated Press reported that the company sold shrimp from India processed in grueling labor conditions. The company does not generally audit its US suppliers.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
SYY Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
SYY Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| July 2, 2026 | $0.5500 |
| April 2, 2026 | $0.5400 |
| Jan. 2, 2026 | $0.5400 |
| Oct. 3, 2025 | $0.5400 |
| July 3, 2025 | $0.5400 |
| April 4, 2025 | $0.5100 |
| Jan. 3, 2025 | $0.5100 |
| Oct. 4, 2024 | $0.5100 |
| July 5, 2024 | $0.5100 |
| April 4, 2024 | $0.5000 |
| Jan. 4, 2024 | $0.5000 |
| Oct. 5, 2023 | $0.5000 |
| July 6, 2023 | $0.5000 |
| April 5, 2023 | $0.4900 |
| Jan. 5, 2023 | $0.4900 |
| Oct. 6, 2022 | $0.4900 |
| June 30, 2022 | $0.4900 |
| March 31, 2022 | $0.4700 |
| Jan. 6, 2022 | $0.4700 |
| Sept. 30, 2021 | $0.4700 |
SYY Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 4 18.2%
- Buy 7 31.8%
- Hold 10 45.5%
- Sell 1 4.5%
- Strong Sell 0 0.0%
12-Month Price Target
13 analysts · 2026-08-22Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $1.53 | $1.53 | 0.00% |
| March 31, 2026 | $0.94 | $0.95 | -0.01% |
| Dec. 31, 2025 | $0.99 | $0.99 | 0.00% |
| Sept. 30, 2025 | $1.15 | $1.13 | 0.02% |
| June 30, 2025 | $1.48 | $1.40 | 0.08% |
| March 31, 2025 | $0.96 | $1.04 | -0.08% |
| Sept. 30, 2000 | $0.21 | $0.19 | 0.03% |
| June 30, 2000 | $0.21 | $0.20 | 0.02% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| SYY | $63.37B | 22.6 | 3.9% | 2.1% | 71.0% | 18.5% |
| USFD | $16.84B | 26.0 | 4.1% | 1.7% | 15.1% | 17.4% |
| PFGC | $17.24B | 48.2 | 7.2% | 0.53% | 7.5% | 11.9% |
| CHEF | $2.58B | 37.8 | 9.4% | 1.7% | 12.4% | 24.2% |
| UNFI | $1.64B | -13.9 | 2.6% | -0.37% | -7.4% | 13.3% |
| ANDE | — | 32.6 | -2.2% | 0.87% | 7.3% | 6.5% |
| HFFG | $114M | -2.9 | 2.2% | -3.2% | -17.6% | 16.9% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 14
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $84.55B | $81.37B | $78.84B | $76.33B | $68.64B | $51.30B | $52.89B | $60.11B | $58.73B | $55.37B | $50.37B | $48.68B | |
| Cost of Revenue | $68.91B | $66.40B | $64.24B | $62.37B | $56.32B | $41.94B | $42.99B | $48.70B | $47.64B | $44.81B | · | · | |
| Gross Profit | $15.64B | $14.97B | $14.61B | $13.96B | $12.32B | $9.36B | $9.90B | $11.41B | $11.09B | $10.56B | $9.04B | $8.55B | |
| Operating Expenses | $12.54B | $11.88B | $11.41B | $10.92B | $9.97B | $7.91B | $9.15B | $9.08B | $8.77B | $8.50B | $7.19B | $7.32B | |
| Operating Income | $3.10B | $3.09B | $3.20B | $3.04B | $2.35B | $1.45B | $750M | $2.33B | $2.31B | $2.05B | $1.85B | $1.23B | |
| Other Non-op | $-102M | $-38M | $-30M | $-227M | $25M | $18M | $-48M | $36M | $38M | $14M | $-111M | $34M | |
| Pretax Income | $2.28B | $2.42B | $2.56B | $2.29B | $1.75B | $585M | $293M | $2.01B | $1.96B | $1.77B | $1.43B | $1.01B | |
| Income Tax | $519M | $587M | $610M | $515M | $388M | $61M | $78M | $332M | $525M | $624M | $483M | $321M | |
| Net Income | $1.76B | $1.83B | $1.96B | $1.77B | $1.36B | $524M | $215M | · | · | · | · | · | |
| EPS (Basic) | $3.67 | $3.74 | $3.90 | $3.49 | $2.66 | $1.03 | $0.42 | $3.24 | $2.74 | $2.10 | $1.66 | $1.16 | |
| EPS (Diluted) | $3.66 | $3.73 | $3.89 | $3.47 | $2.64 | $1.02 | $0.42 | $3.20 | $2.70 | $2.08 | $1.64 | $1.15 | |
| Shares (Basic) | 479,117,877 | 488,144,333 | 501,238,422 | 507,362,913 | 510,630,645 | 510,696,398 | 510,121,071 | 516,890,581 | 522,926,914 | 543,496,816 | 573,057,406 | 592,072,308 | |
| Shares (Diluted) | 480,612,203 | 489,825,648 | 503,096,086 | 509,719,756 | 514,005,827 | 513,555,088 | 514,025,974 | 523,381,124 | 529,089,854 | 548,545,027 | 577,391,406 | 596,849,034 | |
| EBITDA | $3.10B | $3.09B | $3.20B | $3.04B | $2.34B | $1.44B | $750M | $2.33B | $2.33B | $2.05B | $1.85B | · |
Balance Sheet 25
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.79B | $1.07B | $696M | $745M | $867M | $3.01B | $6.06B | $513M | $552M | $870M | $3.92B | $5.30B | |
| Prepaid Expense | $427M | $338M | $323M | $284M | $304M | $241M | $192M | $211M | $188M | $139M | $114M | $93M | |
| Current Assets | $13.44B | $11.97B | $11.04B | $10.61B | $10.48B | $10.73B | $12.35B | $8.14B | $8.00B | $8.03B | $10.05B | $11.49B | |
| PP&E (Net) | $5.97B | $6.08B | $5.50B | $4.92B | $4.46B | $4.33B | $4.46B | $4.50B | $4.52B | $4.38B | $3.88B | $3.98B | |
| PP&E (Gross) | · | · | · | · | · | · | · | $9.95B | $10.20B | $9.70B | $8.59B | $8.39B | |
| Accum. Depreciation | · | · | · | · | · | · | · | $5.45B | $5.68B | $5.32B | $4.70B | $4.41B | |
| Goodwill | $5.22B | $5.23B | $5.15B | $4.65B | $4.54B | $3.94B | $3.73B | $3.90B | $3.96B | $3.92B | $2.12B | $1.96B | |
| Intangibles | $952M | $1.08B | $1.19B | $860M | $953M | $746M | $780M | $857M | $980M | $1.04B | $207M | $155M | |
| Other Non-current Assets | $914M | $783M | $668M | $640M | $550M | $602M | $511M | $489M | $526M | $250M | $251M | $230M | |
| Total Assets | $28.40B | $26.77B | $24.92B | $22.82B | $22.09B | $21.41B | $22.63B | $17.97B | $18.07B | $17.76B | $16.72B | $17.99B | |
| Accounts Payable | $6.64B | $6.51B | $6.29B | $6.03B | $5.75B | $4.88B | $3.45B | $4.31B | $4.14B | $3.97B | $2.94B | $2.88B | |
| Accrued Liabilities | $2.46B | $2.27B | $2.23B | $2.25B | $2.27B | $1.81B | $1.62B | $1.73B | $1.61B | $1.58B | $1.29B | $1.47B | |
| Short-term Debt | · | · | · | · | · | $9M | $2M | $4M | $4M | $4M | $90M | $71M | |
| Current Liabilities | $10.52B | $9.92B | $9.24B | $8.54B | $8.75B | $7.32B | $6.72B | $6.10B | $6.59B | $6.10B | $4.43B | $9.40B | |
| Capital Leases | $1.28B | $1.05B | $838M | $656M | $636M | $634M | $523M | · | · | · | · | · | |
| Deferred Tax | $456M | $345M | $345M | $303M | $250M | $147M | $87M | $172M | $319M | $162M | $27M | $82M | |
| Other Non-current Liabilities | $1.15B | $1.25B | $1.09B | $932M | $968M | $1.14B | $1.20B | $1.03B | $1.08B | $1.37B | $1.37B | $935M | |
| Long-term Debt | · | · | · | · | · | $10.59B | $12.90B | $8.12B | · | · | · | · | |
| Total Debt | · | · | · | · | · | $495M | $1.54B | $4M | $4M | $4M | $90M | · | |
| Common Stock | $765M | $765M | $765M | $765M | $765M | $765M | $765M | $765M | $765M | $765M | $765M | $765M | |
| Treasury Stock | $12.95B | $12.88B | $11.73B | $10.63B | $10.21B | $9.84B | $9.97B | $9.35B | $8.58B | $7.90B | $6.21B | $4.55B | |
| AOCI | $-1.01B | $-1.10B | $-1.34B | $-1.25B | $-1.48B | $-1.15B | $-1.71B | $-1.60B | $-1.41B | $-1.26B | $-1.36B | $-923M | |
| Stockholders' Equity | $2.67B | $1.83B | $1.86B | $2.01B | $1.38B | $1.55B | $1.16B | $2.50B | $2.51B | $2.38B | $3.48B | $5.26B | |
| Liabilities + Equity | $28.40B | $26.77B | $24.92B | $22.82B | $22.09B | $21.41B | $22.63B | $17.97B | $18.07B | $17.76B | $16.72B | $17.99B | |
| Shares Outstanding | 765,174,900 | 765,174,900 | 765,174,900 | 765,174,900 | 765,174,900 | 765,174,900 | 765,174,900 | 765,174,900 | · | · | · | · |
Cash Flow 15
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $976M | $945M | $873M | $776M | $773M | $738M | $806M | $764M | $765M | $902M | $663M | $553M | |
| Stock-based Comp | $118M | $93M | $104M | $96M | $122M | $96M | $42M | $105M | $94M | $84M | $79M | $74M | |
| Deferred Tax | $9M | $-15M | $26M | $-16M | $-64M | $-158M | $-191M | $-127M | $188M | $-52M | $94M | $-5M | |
| Amort. of Intangibles | · | · | · | · | · | $104M | $95M | $92M | $115M | $113M | $37M | $40M | |
| Operating Cash Flow | $2.64B | $2.51B | $2.99B | $2.87B | $1.79B | $1.90B | $1.62B | $2.41B | $2.16B | $2.23B | $1.99B | $1.56B | |
| CapEx | $700M | $906M | $832M | $793M | $633M | $471M | $720M | $692M | $688M | $686M | $527M | $543M | |
| Investing Cash Flow | $-696M | $-717M | $-1.96B | $-785M | $-1.88B | $-429M | $-756M | $-743M | $-910M | $-3.58B | $-769M | $-654M | |
| Net Debt Issued | · | · | · | · | · | · | · | $0 | $-282M | · | · | · | |
| Stock Repurchased | $200M | $1.25B | $1.23B | $500M | $500M | $0 | $845M | $1.02B | $979M | $1.89B | $1.95B | $0 | |
| Net Stock Activity | $-200M | $-1.25B | $-1.23B | $-500M | $-500M | $0 | $-845M | $-1.02B | $-979M | $-1.89B | $-1.95B | · | |
| Dividends Paid | $1.04B | $1.00B | $1.01B | $996M | $959M | $918M | $856M | $775M | $722M | $699M | $699M | $695M | |
| Financing Cash Flow | $-1.16B | $-1.41B | $-1.04B | $-2.06B | $-1.99B | $-4.63B | $4.72B | $-1.84B | $-1.41B | $-1.68B | $-2.46B | $3.90B | |
| Net Change in Cash | $769M | $403M | $-21M | $35M | $-2.11B | $-3.06B | $5.56B | $-184M | $-154M | $-3.05B | $-1.38B | $4.72B | |
| Taxes Paid | $477M | $640M | $564M | $444M | $450M | $104M | $377M | $531M | $268M | $761M | $181M | $377M | |
| Free Cash Flow | $1.94B | $1.60B | $2.16B | $2.07B | $1.16B | $1.43B | $898M | $1.72B | $1.47B | $1.49B | $1.41B | · |
Profitability 8
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.5% | 18.4% | 18.5% | 18.3% | 17.9% | 18.2% | 18.7% | 19.0% | 18.9% | 19.1% | 17.9% | · | |
| Operating Margin | 3.7% | 3.8% | 4.1% | 4.0% | 3.4% | 2.8% | 1.4% | 3.9% | 4.0% | 3.7% | 3.7% | · | |
| Net Margin | 2.1% | 2.2% | 2.5% | 2.3% | 2.0% | · | · | · | · | · | · | · | |
| Pretax Margin | 2.7% | 3.0% | 3.2% | 3.0% | 2.5% | 1.1% | 0.55% | 3.3% | 3.3% | 3.2% | 2.9% | · | |
| EBITDA Margin | 3.7% | 3.8% | 4.1% | 4.0% | 3.4% | 2.8% | 1.4% | 3.9% | 4.0% | 3.7% | 3.7% | · | |
| ROA | 6.4% | 7.1% | 8.2% | 7.9% | 6.2% | · | · | · | · | · | · | · | |
| ROE | 71.0% | 95.1% | 98.7% | 98.8% | 100.5% | · | · | · | · | · | · | · | |
| ROIC | 89.6% | 127.7% | 131.2% | 117.2% | 131.6% | 62.9% | 20.4% | 77.6% | 67.8% | 55.7% | 34.4% | · |
Liquidity & Solvency 3
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.3 | 1.2 | 1.2 | 1.2 | 1.2 | 1.5 | 1.8 | 1.3 | 1.2 | 1.3 | 2.3 | · | |
| Quick Ratio | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.4 | 0.9 | 0.1 | 0.1 | 0.1 | 0.9 | · | |
| Debt / Equity | · | · | · | · | · | 0.3 | 1.3 | 0.0 | 0.0 | 0.0 | 0.0 | · |
Efficiency 1
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 3.1 | 3.1 | 3.3 | 3.4 | 3.2 | 2.3 | 2.6 | 3.3 | 3.2 | 3.1 | 3.3 | · |
Growth Rates 10
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 3.9% | 3.2% | 3.3% | 11.2% | 33.8% | -3.0% | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 3.5% | 5.8% | 15.4% | 13.0% | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 10.5% | 9.0% | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -1.9% | -4.1% | 12.1% | 31.4% | 158.8% | 142.9% | · | · | · | · | · | · | |
| EPS CAGR 3Y | 1.8% | 12.2% | 56.2% | 102.2% | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 29.1% | 54.8% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -3.9% | -6.5% | 10.4% | 30.2% | 159.2% | 143.3% | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -0.25% | 10.4% | 55.1% | 101.8% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 27.4% | 53.4% | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 2.5% | 3.1% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 12
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $84.55B | $81.37B | $78.84B | $76.33B | $68.64B | $51.30B | $52.89B | $60.11B | $58.73B | $55.37B | $50.37B | $48.68B | |
| Net Income TTM | $1.76B | $1.83B | $1.96B | $1.77B | $1.36B | $524M | $215M | $1.16B | $1.16B | $1.16B | $1.16B | $1.16B | |
| Market Cap | $63.37B | $57.40B | $54.63B | $56.78B | · | · | · | · | · | · | · | · | |
| P/E | 22.6 | 20.1 | 18.4 | 21.4 | 32.7 | 75.1 | 124.5 | 22.1 | 25.3 | 24.2 | 30.9 | 33.4 | |
| P/S | 0.7 | 0.7 | 0.7 | 0.7 | · | · | · | · | · | · | · | · | |
| P/B | 23.8 | 31.4 | 29.4 | 28.3 | · | · | · | · | · | · | · | · | |
| P / Cash Flow | 24.0 | 22.9 | 18.3 | 19.8 | · | · | · | · | · | · | · | · | |
| P / FCF | 32.7 | 35.8 | 25.3 | 27.4 | · | · | · | · | · | · | · | · | |
| Dividend Yield | 1.6% | 1.7% | 1.8% | 1.8% | · | · | · | · | · | · | · | · | |
| Earnings Yield | 4.4% | 5.0% | 5.5% | 4.7% | 3.1% | 1.3% | 0.80% | 4.5% | 4.0% | 4.1% | 3.2% | 3.0% | |
| Payout Ratio | 59.0% | 54.7% | 51.6% | 56.3% | 70.6% | · | · | · | · | · | · | · | |
| Annual Payout | $1.04B | $1.00B | $1.01B | $996M | $959M | $918M | $856M | $775M | $722M | $699M | $699M | $695M |
Income Statement 14
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.12B | $20.52B | $20.76B | $21.15B | $21.14B | $19.60B | $20.15B | $20.48B | $20.56B | $19.38B | $19.29B | $19.62B | $19.73B | $18.88B | $18.59B | $19.13B | |
| Cost of Revenue | $17.99B | $16.71B | $16.97B | $17.25B | $17.15B | $16.02B | $16.50B | $16.73B | $16.72B | $15.77B | $15.77B | $15.97B | $16.04B | $15.44B | $15.24B | $15.64B | |
| Gross Profit | $4.13B | $3.81B | $3.79B | $3.90B | $3.98B | $3.58B | $3.65B | $3.75B | $3.84B | $3.61B | $3.51B | $3.65B | $3.69B | $3.43B | $3.35B | $3.49B | |
| Operating Expenses | $3.15B | $3.19B | $3.10B | $3.10B | $3.10B | $2.90B | $2.94B | $2.94B | $2.86B | $2.89B | $2.81B | $2.84B | $2.72B | $2.74B | $2.71B | $2.75B | |
| Operating Income | $984M | $619M | $692M | $800M | $887M | $681M | $712M | $808M | $976M | $722M | $700M | $804M | $970M | $696M | $641M | $737M | |
| Other Non-op | $-59M | $-6M | $-9M | $-28M | $-4M | $-9M | $-19M | $-6M | $-8M | $-10M | $-5M | $-7M | $124M | $-7M | $-330M | $-18M | |
| Pretax Income | $721M | $445M | $510M | $600M | $717M | $523M | $533M | $642M | $803M | $554M | $545M | $663M | $958M | $554M | $178M | $595M | |
| Income Tax | $169M | $105M | $121M | $124M | $186M | $122M | $127M | $152M | $191M | $129M | $130M | $160M | $224M | $124M | $37M | $129M | |
| Net Income | $552M | $340M | $389M | $476M | $531M | $401M | $406M | $490M | $612M | $425M | $415M | $503M | $734M | $430M | $141M | $466M | |
| EPS (Basic) | $1.16 | $0.71 | $0.81 | $0.99 | $1.09 | $0.82 | $0.83 | $1.00 | $1.23 | $0.85 | $0.82 | $1.00 | $1.44 | $0.85 | $0.28 | $0.92 | |
| EPS (Diluted) | $1.15 | $0.71 | $0.81 | $0.99 | $1.10 | $0.82 | $0.82 | $0.99 | $1.23 | $0.85 | $0.82 | $0.99 | $1.44 | $0.84 | $0.28 | $0.91 | |
| Shares (Basic) | -958,334,427 | 479,344,821 | 479,346,303 | 478,761,180 | -982,097,443 | 487,519,382 | 490,698,567 | 492,023,827 | -1,007,843,208 | 499,642,505 | 504,312,633 | 505,126,492 | -1,015,542,334 | 507,716,975 | 507,609,696 | 507,578,576 | |
| Shares (Diluted) | -961,604,676 | 481,188,586 | 480,662,627 | 480,365,666 | -986,095,634 | 489,331,460 | 492,803,849 | 493,785,973 | -1,011,824,137 | 501,921,446 | 505,929,342 | 507,069,435 | -1,020,651,587 | 509,842,400 | 510,145,794 | 510,383,149 | |
| EBITDA | · | $619M | $692M | $800M | · | $681M | $712M | $808M | · | $722M | $700M | $804M | · | $694M | $641M | $734M |
Balance Sheet 20
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.79B | $1.90B | $1.22B | $844M | $1.07B | $1.53B | $793M | $733M | $696M | $598M | $962M | $569M | $745M | $758M | $500M | $438M | |
| Prepaid Expense | $427M | $415M | $368M | $387M | $338M | $375M | $338M | $351M | $323M | $310M | $328M | $333M | · | $293M | $301M | $310M | |
| Current Assets | $13.44B | $13.38B | $12.42B | $12.41B | $11.97B | $12.28B | $11.50B | $11.88B | $11.04B | $11.20B | $11.31B | $10.90B | · | $10.90B | $10.40B | $10.77B | |
| PP&E (Net) | $5.97B | · | · | · | $6.08B | · | · | · | $5.50B | $5.29B | $5.16B | $5.02B | $4.92B | $4.65B | $4.56B | $4.46B | |
| Goodwill | $5.22B | $5.25B | $5.28B | $5.19B | $5.23B | $5.20B | $5.14B | $5.25B | $5.15B | $5.22B | $5.26B | $4.72B | $4.65B | $4.61B | $4.58B | $4.43B | |
| Intangibles | $952M | $995M | $1.04B | $1.04B | $1.08B | $1.10B | $1.12B | $1.17B | $1.19B | $1.14B | $1.17B | $875M | · | $887M | $911M | $906M | |
| Other Non-current Assets | $914M | $663M | $684M | $801M | $783M | $495M | $493M | $553M | $668M | $535M | $576M | $566M | · | $509M | $497M | $553M | |
| Total Assets | $28.40B | $27.98B | $27.18B | $27.04B | $26.77B | $26.35B | $25.32B | $25.88B | $24.92B | $24.71B | $24.74B | $23.27B | $22.82B | $22.70B | $22.09B | $22.21B | |
| Accounts Payable | $6.64B | $6.39B | $5.95B | $6.49B | $6.51B | $6.18B | $5.84B | $6.37B | $6.29B | $5.87B | $5.74B | $5.80B | · | $5.90B | $5.42B | $6.02B | |
| Accrued Liabilities | $2.46B | $2.34B | $2.31B | $2.17B | $2.27B | $2.15B | $2.22B | $2.14B | $2.23B | $2.25B | $2.27B | $2.18B | · | $2.14B | $2.13B | $2.18B | |
| Current Liabilities | $10.52B | $10.07B | $9.59B | $10.81B | $9.92B | $9.73B | $9.55B | $9.40B | $9.24B | $8.37B | $8.25B | $8.45B | · | $8.98B | $8.39B | $8.96B | |
| Capital Leases | $1.28B | $1.23B | $1.24B | $1.09B | $1.05B | $1.01B | $950M | $928M | $838M | $791M | $737M | $696M | · | $633M | $634M | $629M | |
| Deferred Tax | $456M | $380M | $351M | $351M | $345M | $342M | $337M | $333M | $345M | $313M | $304M | $300M | · | $212M | $232M | $242M | |
| Other Non-current Liabilities | $1.15B | $1.19B | $1.23B | $1.23B | $1.25B | $1.08B | $1.06B | $1.11B | $1.09B | $995M | $979M | $959M | · | $1.01B | $1.01B | $971M | |
| Common Stock | $765M | $765M | $765M | $765M | $765M | $765M | $765M | $765M | $765M | $765M | $765M | $765M | · | $765M | $765M | $765M | |
| Treasury Stock | $12.95B | $12.96B | $12.82B | $12.84B | $12.88B | $12.34B | $11.97B | $11.81B | $11.73B | $11.18B | $10.77B | $10.71B | · | $10.52B | $10.43B | $10.45B | |
| AOCI | $-1.01B | $-1.05B | $-1.09B | $-1.13B | $-1.10B | $-1.25B | $-1.40B | $-1.17B | $-1.34B | $-1.23B | $-1.19B | $-1.33B | · | $-1.28B | $-1.32B | $-1.71B | |
| Stockholders' Equity | $2.67B | $2.30B | $2.28B | $2.07B | $1.83B | $1.92B | $2.01B | $2.21B | $1.86B | $2.10B | $2.40B | $2.13B | $2.01B | $1.58B | $1.44B | $1.12B | |
| Liabilities + Equity | $28.40B | $27.98B | $27.18B | $27.04B | $26.77B | $26.35B | $25.32B | $25.88B | $24.92B | $24.71B | $24.74B | $23.27B | · | $22.70B | $22.09B | $22.21B | |
| Shares Outstanding | 765,174,900 | 765,174,900 | 765,174,900 | 765,174,900 | 765,174,900 | 765,174,900 | 765,174,900 | 765,174,900 | 765,174,900 | · | · | · | 765,174,900 | · | · | · |
Cash Flow 12
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $252M | $251M | $240M | $233M | $234M | $238M | $238M | $235M | · | · | · | · | · | · | · | · | |
| Stock-based Comp | $23M | $31M | $33M | $31M | $19M | $14M | $30M | $30M | $27M | $24M | $29M | $24M | $22M | $21M | · | $27M | |
| Operating Cash Flow | $1.18B | $852M | $525M | $86M | $1.19B | $819M | $445M | $53M | $1.62B | $517M | $769M | $87M | $1.44B | $922M | · | $159M | |
| CapEx | $239M | $161M | $140M | $160M | $374M | $199M | $211M | $122M | $302M | $183M | $176M | $171M | $319M | $165M | · | $167M | |
| Investing Cash Flow | $-207M | $-189M | $-193M | $-107M | $-325M | $-188M | $-158M | $-46M | $-261M | $-196M | $-1.13B | $-380M | $-304M | $-162M | · | $-175M | |
| Stock Repurchased | $0 | $200M | $0 | $0 | $550M | $400M | $192M | $108M | $532M | $500M | $100M | $100M | $122M | $110M | · | $268M | |
| Net Stock Activity | · | · | · | $0 | · | · | · | $-108M | · | · | · | $-100M | · | · | · | $-268M | |
| Dividends Paid | $259M | $260M | $259M | $259M | $248M | $249M | $252M | $251M | $250M | $252M | $253M | $253M | $249M | $249M | · | $249M | |
| Financing Cash Flow | $-897M | $0 | $-67M | $-195M | $-1.11B | $66M | $-234M | $-131M | $-1.10B | $-718M | $712M | $66M | $-1.03B | $-496M | · | $-400M | |
| Net Change in Cash | $62M | $657M | $272M | $-222M | $-216M | $709M | $21M | $-111M | $252M | $-403M | $368M | $-238M | $112M | $269M | · | $-428M | |
| Taxes Paid | $76M | $148M | $222M | $31M | $130M | $225M | $259M | $26M | $54M | $138M | $269M | $103M | $138M | $17M | · | $48M | |
| Free Cash Flow | · | · | · | $-74M | · | · | · | $-69M | · | · | · | $-84M | · | · | · | $-9M |
Profitability 8
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | · | 18.6% | 18.3% | 18.4% | · | 18.3% | 18.1% | 18.3% | · | 18.6% | 18.2% | 18.6% | · | 18.2% | 18.0% | 18.2% | |
| Operating Margin | · | 3.0% | 3.3% | 3.8% | · | 3.5% | 3.5% | 3.9% | · | 3.7% | 3.6% | 4.1% | · | 3.7% | 3.5% | 3.8% | |
| Net Margin | · | 1.7% | 1.9% | 2.2% | · | 2.1% | 2.0% | 2.4% | · | 2.2% | 2.1% | 2.6% | · | 2.3% | 0.76% | 2.4% | |
| Pretax Margin | · | 2.2% | 2.5% | 2.8% | · | 2.7% | 2.6% | 3.1% | · | 2.9% | 2.8% | 3.4% | · | 2.9% | 0.96% | 3.1% | |
| EBITDA Margin | · | 3.0% | 3.3% | 3.8% | · | 3.5% | 3.5% | 3.9% | · | 3.7% | 3.6% | 4.1% | · | 3.7% | 3.5% | 3.8% | |
| ROA | · | 1.2% | 1.5% | 1.8% | · | 1.6% | 1.6% | 2.0% | · | 1.8% | 1.8% | 2.2% | · | 1.9% | 0.63% | 2.1% | |
| ROE | · | 16.1% | 18.1% | 22.3% | · | 19.9% | 18.4% | 22.6% | · | 23.1% | 21.6% | 31.1% | · | 29.7% | 9.9% | 33.4% | |
| ROIC | · | 20.6% | 23.1% | 30.7% | · | 27.2% | 26.9% | 27.9% | · | 26.4% | 22.2% | 28.7% | · | 34.2% | 35.3% | 51.5% |
Liquidity & Solvency 2
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | · | 1.3 | 1.3 | 1.1 | · | 1.3 | 1.2 | 1.3 | · | 1.3 | 1.4 | 1.3 | · | 1.2 | 1.2 | 1.2 | |
| Quick Ratio | · | 0.2 | 0.1 | 0.1 | · | 0.2 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.0 |
Efficiency 1
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | · | 0.8 | 0.8 | 0.8 | · | 0.8 | 0.8 | 0.8 | · | 0.8 | 0.8 | 0.9 | · | 0.8 | 0.8 | 0.9 |
Valuation (TTM) 10
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | · | $82.03B | $81.66B | $81.38B | · | $79.61B | $79.30B | $78.77B | · | $78.02B | $77.51B | · | · | · | · | · | |
| Net Income TTM | · | $1.61B | $1.67B | $1.77B | · | $1.72B | $1.74B | $1.83B | · | $2.08B | $2.08B | · | · | · | · | · | |
| Market Cap | · | $62.59B | $56.80B | $62.70B | · | $56.70B | $58.88B | $59.42B | · | · | · | · | · | · | · | · | |
| P/E | · | 24.6 | 21.6 | 22.6 | · | 21.3 | 22.1 | 21.3 | · | 19.8 | 17.9 | · | · | · | · | · | |
| P/S | · | 0.8 | 0.7 | 0.8 | · | 0.7 | 0.7 | 0.8 | · | · | · | · | · | · | · | · | |
| P/B | · | 27.2 | 24.9 | 30.3 | · | 29.5 | 29.2 | 26.9 | · | · | · | · | · | · | · | · | |
| P / Cash Flow | · | · | · | 729.1 | · | · | · | 1121.2 | · | · | · | · | · | · | · | · | |
| P / FCF | · | · | · | -847.3 | · | · | · | -861.2 | · | · | · | · | · | · | · | · | |
| Earnings Yield | · | 4.1% | 4.6% | 4.4% | · | 4.7% | 4.5% | 4.7% | · | 5.1% | 5.6% | · | · | · | · | · | |
| Payout Ratio | · | · | · | 54.4% | · | · | · | 51.2% | · | · | · | 50.2% | · | · | · | 53.5% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2026-06-27 | 2025-06-28 | 2024-06-29 | 2023-07-01 | 2022-07-02 | |
|---|---|---|---|---|---|
| Revenue | $84.55B | $81.37B | $78.84B | $76.33B | $68.64B |
| Gross Margin % | 18.5% | 18.4% | 18.5% | 18.3% | 17.9% |
| Operating Margin % | 3.7% | 3.8% | 4.1% | 4.0% | 3.4% |
| Net Income | $1.76B | $1.83B | $1.96B | $1.77B | $1.36B |
| Diluted EPS | $3.66 | $3.73 | $3.89 | $3.47 | $2.64 |
Balance Sheet
| 2026-06-27 | 2025-06-28 | 2024-06-29 | 2023-07-01 | 2022-07-02 | |
|---|---|---|---|---|---|
| Current Ratio | 1.3 | 1.2 | 1.2 | 1.2 | 1.2 |
| Quick Ratio | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
Cash Flow
| 2026-06-27 | 2025-06-28 | 2024-06-29 | 2023-07-01 | 2022-07-02 | |
|---|---|---|---|---|---|
| Free Cash Flow | $1.94B | $1.60B | $2.16B | $2.07B | $1.16B |
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Institutional owners (13F) 1,782 filers · $22.7B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 193 (+9 vs prior Q) | 116 (-1 vs prior Q) | 585 (+21 vs prior Q) | 589 (+1 vs prior Q) | +4.3M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $2,609,953,245 | 31,227,007 | 11.51% | Shares |
| STATE STREET CORP | $2,266,293,514 | 27,115,261 | 10.00% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2,252,187,968 | 26,946,494 | 9.93% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $961,419,373 | 11,553,855 | 4.24% | Shares |
| NORGES BANK | $594,705,216 | 7,115,401 | 2.62% | Shares |
| D. E. Shaw & Co., Inc. | $441,940,199 | 5,287,631 | 1.95% | Shares |
| Capital Research Global Investors | $436,930,665 | 5,227,694 | 1.93% | Shares |
| MIZUHO MARKETS AMERICAS LLC | $410,853,203 | 4,915,688 | 1.81% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $344,411,133 | 4,120,737 | 1.52% | Shares |
| PRIMECAP MANAGEMENT CO/CA/ | $313,502,646 | 3,750,929 | 1.38% | Shares |
| CITADEL ADVISORS LLC | $311,901,587 | 3,731,773 | 1.38% | Shares |
| Boston Partners | $310,979,153 | 3,723,533 | 1.37% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $278,006,554 | 3,326,233 | 1.23% | Shares |
| Longview Partners (Guernsey) LTD | $257,879,320 | 3,085,419 | 1.14% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $226,925,969 | 2,715,075 | 1.00% | Shares |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | $223,721,177 | 2,676,731 | 0.99% | Shares |
| GOLDMAN SACHS GROUP INC | $222,200,105 | 2,658,532 | 0.98% | Shares |
| Diamond Hill Capital Management, LLC (Investment Advisor) | $203,861,148 | 2,439,114 | 0.90% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $191,495,654 | 2,291,166 | 0.84% | Shares |
| ProShare Advisors LLC | $186,080,341 | 2,226,374 | 0.82% | Shares |
| First Nebraska Trust Co | $183,603,613 | 2,196,741 | 0.81% | Shares |
| BANK OF AMERICA CORP /DE/ | $167,771,845 | 2,007,320 | 0.74% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $161,993,419 | 1,938,184 | 0.71% | Shares |
| FMR LLC | $142,632,810 | 1,706,542 | 0.63% | Shares |
| PARNASSUS INVESTMENTS, LLC | $134,964,817 | 1,614,798 | 0.60% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $121,300,839 | 1,451,314 | 0.53% | Shares |
| MONTANOVA CAPITAL, LLC | $117,977,349 | 1,411,550 | 0.52% | Shares |
| Point72 Asset Management, L.P. | $115,373,999 | 1,380,402 | 0.51% | Shares |
| Swiss National Bank | $112,724,346 | 1,348,700 | 0.50% | Shares |
| PRUDENTIAL FINANCIAL INC | $112,297,921 | 1,343,598 | 0.50% | Shares |
| BlackRock, Inc. | $108,600,007 | 1,299,354 | 0.48% | Shares |
| YACKTMAN ASSET MANAGEMENT LP | $108,114,491 | 1,293,545 | 0.48% | Shares |
| Pictet Asset Management Holding SA | $104,108,941 | 1,245,623 | 0.46% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $101,785,962 | 1,217,827 | 0.45% | Shares |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC | $100,128,840 | 1,198,000 | 0.44% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $100,030,550 | 1,196,824 | 0.44% | Shares |
| Focus Partners Wealth | $99,559,271 | 1,191,184 | 0.44% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $97,489,802 | 1,166,425 | 0.43% | Shares |
| STOREBRAND ASSET MANAGEMENT AS | $97,040,058 | 1,161,044 | 0.43% | Shares |
| Empower Advisory Group, LLC | $96,629,538 | 1,156,132 | 0.43% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $96,543,007 | 1,155,097 | 0.43% | Shares |
| Ensign Peak Advisors, Inc | $94,572,107 | 1,131,516 | 0.42% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $90,625,878 | 1,084,301 | 0.40% | Shares |
| SCOPUS ASSET MANAGEMENT, L.P. | $89,012,700 | 1,065,000 | 0.39% | Shares |
| Vanguard Global Advisers, LLC | $86,684,161 | 1,037,140 | 0.38% | Shares |
| MILLENNIUM MANAGEMENT LLC | $82,998,032 | 993,037 | 0.37% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $82,760,916 | 990,200 | 0.37% | Call option |
| UBS Group AG | $81,628,992 | 976,657 | 0.36% | Shares |
| California Public Employees Retirement System | $76,894,770 | 920,014 | 0.34% | Shares |
| RHUMBLINE ADVISERS | $76,786,816 | 918,724 | 0.34% | Shares |
| National Pension Service | $76,142,717 | 911,016 | 0.34% | Shares |
| Mondrian Investment Partners LTD | $75,473,659 | 903,011 | 0.33% | Shares |
| EARNEST PARTNERS LLC | $71,522,666 | 855,739 | 0.32% | Shares |
| AMERIPRISE FINANCIAL INC | $71,023,759 | 849,773 | 0.31% | Shares |
| VANGUARD GROUP INC | $67,455,384 | 915,394 | 0.30% | Shares |
| AMERICAN CENTURY COMPANIES INC | $65,411,391 | 782,620 | 0.29% | Shares |
| Cullen Capital Management, LLC | $65,407,670 | 782,576 | 0.29% | Shares |
| PFA Pension, Forsikringsaktieselskab | $63,734,345 | 762,555 | 0.28% | Shares |
| Mariner, LLC | $61,013,680 | 730,006 | 0.27% | Shares |
| Man Group plc | $60,696,214 | 726,205 | 0.27% | Shares |
| Burgundy Asset Management Ltd. | $60,672,449 | 753,976 | 0.27% | Shares |
| Swedbank AB | $60,365,069 | 722,243 | 0.27% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $60,058,299 | 718,573 | 0.26% | Shares |
| Brandywine Global Investment Management, LLC | $59,935,025 | 813,340 | 0.26% | Shares |
| NORDEA INVESTMENT MANAGEMENT AB | $59,120,953 | 708,205 | 0.26% | Shares |
| VIRGINIA RETIREMENT SYSTEMS ET Al | $59,055,166 | 801,400 | 0.26% | Shares |
| Quantinno Capital Management LP | $58,582,051 | 700,909 | 0.26% | Shares |
| NOMURA ASSET MANAGEMENT CO LTD | $58,414,229 | 698,902 | 0.26% | Shares |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | $54,869,769 | 656,494 | 0.24% | Shares |
| Vest Financial, LLC | $53,495,296 | 640,049 | 0.24% | Shares |
| FIRST TRUST ADVISORS LP | $52,276,299 | 625,464 | 0.23% | Shares |
| Squarepoint Ops LLC | $51,441,902 | 615,481 | 0.23% | Shares |
| BARCLAYS PLC | $51,331,660 | 614,162 | 0.23% | Shares |
| Eurizon Capital SGR S.p.A. | $49,581,411 | 593,227 | 0.22% | Shares |
| Third Point LLC | $48,157,226 | 580,000 | 0.21% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $47,456,390 | 567,796 | 0.21% | Shares |
| Boston Trust Walden Corp | $47,440,760 | 567,609 | 0.21% | Shares |
| FACTORY MUTUAL INSURANCE CO | $46,983,243 | 562,135 | 0.21% | Shares |
| CAMBIAR INVESTORS LLC | $46,201,436 | 552,781 | 0.20% | Shares |
| LPL Financial LLC | $46,156,281 | 552,241 | 0.20% | Shares |
| TD Asset Management Inc | $44,844,097 | 536,541 | 0.20% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $44,682,253 | 626,416 | 0.20% | Shares |
| RWC Asset Management LLP | $43,464,525 | 520,035 | 0.19% | Shares |
| RAYMOND JAMES FINANCIAL INC | $42,529,187 | 508,844 | 0.19% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $42,263,146 | 505,661 | 0.19% | Shares |
| JANE STREET GROUP, LLC | $42,132,678 | 504,100 | 0.19% | Call option |
| Alyeska Investment Group, L.P. | $41,005,351 | 490,612 | 0.18% | Shares |
| Williams Jones Wealth Management, LLC. | $40,980,946 | 490,320 | 0.18% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $40,853,319 | 488,793 | 0.18% | Shares |
| Balyasny Asset Management L.P. | $40,119,069 | 480,008 | 0.18% | Shares |
| SEIZERT CAPITAL PARTNERS, LLC | $39,593,768 | 473,723 | 0.17% | Shares |
| Legal & General Group Plc | $39,377,798 | 471,139 | 0.17% | Shares |
| ALLIANCEBERNSTEIN L.P. | $38,547,802 | 540,415 | 0.17% | Shares |
| KLP KAPITALFORVALTNING AS | $37,870,098 | 453,100 | 0.17% | Shares |
| COUNTRY TRUST BANK | $36,420,654 | 435,758 | 0.16% | Shares |
| MEYER HANDELMAN CO | $36,008,270 | 430,824 | 0.16% | Shares |
| Coho Partners, Ltd. | $35,719,845 | 433,809 | 0.16% | Shares |
| TUDOR INVESTMENT CORP ET AL | $35,585,606 | 425,767 | 0.16% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $34,539,017 | 413,245 | 0.15% | Shares |
| GEM Asset Management, LLC | $34,306,711 | 410,466 | 0.15% | Shares |
Company insiders 81 insiders · 49 officers · 28 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Thomas Bene | Chairman, President & CEO | Dec. 20, 2019 M | 93,545 | 0 | 0 | $0 |
| William J Delaney III | Chief Executive Officer | Dec. 1, 2017 F | 358,210 | 0 | 0 | $0 |
| Richard J Schnieders | Chairman and CEO | Nov. 11, 2008 A | 342,184 | 0 | 0 | $0 |
| Kenny K Cheung | EVP and CFO | Aug. 21, 2025 A | 46,967 | 0 | 0 | $0 |
| Aaron E Alt | EVP and CFO | Jan. 1, 2023 F | 37,166 | 0 | 0 | $0 |
| Robert C. Kreidler | Chief Financial Officer | Nov. 18, 2014 A | 115,385 | 0 | 0 | $0 |
| John K Stubblefield JR | Exec VP, Finance & CFO | June 15, 2007 M | 102,466 | 0 | 0 | $0 |
| Thomas E Lankford | President and COO | June 21, 2005 S | 259,112 | 0 | 0 | $0 |
| SPITLER KENNETH F | Pres; COO & VC of the Board | Jan. 17, 2010 F | 198,090 | 0 | 0 | $0 |
| Victoria L Gutierrez | SVP | Sept. 11, 2025 F | 13,752 | 0 | 0 | $0 |
| Thomas R Peck Jr | EVP and CTO | Sept. 11, 2025 F | 66,280 | 0 | 0 | $0 |
| Greg D Bertrand | EVP | Sept. 11, 2025 F | 69,853 | 0 | 0 | $0 |
| Jennifer Kaplan Schott | EVP, Chief Legal Officer | Aug. 21, 2025 A | 14,858 | 0 | 0 | $0 |
| Eve M Mcfadden | SVP, GC & Corp Sec | Dec. 4, 2024 M | 48,451 | 0 | 0 | $0 |
| Daniel Purefoy | SVP, Chief Supply Chain Off | Oct. 1, 2024 F | 23,518 | 0 | 0 | $0 |
| Neil Russell | SVP, Corp. Affairs and CAO | Sept. 3, 2024 F | 28,810 | 0 | 0 | $0 |
| James Chris Jasper | SVP | March 14, 2024 S | 18,531 | 0 | 0 | $0 |
| Scott B. Stone | VP, Finance and Interim CAO | Oct. 2, 2023 F | 17,778 | 0 | 0 | $0 |
| Joel T. Grade | EVP, Corporate Development | Sept. 11, 2023 A | 96,999 | 0 | 0 | $0 |
| Judith S Sansone | EVP and CCO | Sept. 1, 2023 F | 37,069 | 0 | 0 | $0 |
| Cathy Marie Robinson | EVP | Sept. 1, 2023 F | 52,855 | 0 | 0 | $0 |
| Anita A Zielinski | SVP & CAO | Sept. 1, 2022 F | 23,098 | 0 | 0 | $0 |
| Paulo Peereboom | EVP | Aug. 18, 2022 A | 3,589 | 0 | 0 | $0 |
| Jorgensen Tim Orting | EVP | April 20, 2022 F | 28,829 | 0 | 0 | $0 |
| Foster Michael P | Executive Vice President | Aug. 20, 2020 A | 34,631 | 0 | 0 | $0 |
| Paul T Moskowitz | Executive Vice President | Aug. 20, 2020 A | 60,636 | 0 | 0 | $0 |
| Robert S Charlton | Executive Vice President | Nov. 18, 2019 M | 36,203 | 0 | 0 | $0 |
| Russell T. Libby | Executive Vice President | Jan. 31, 2019 M | 59,603 | 0 | 0 | $0 |
| Wayne Shurts | Executive Vice President | Dec. 1, 2018 F | 45,794 | 0 | 0 | $0 |
| William W Goetz | SVP | Dec. 1, 2018 F | 23,863 | 0 | 0 | $0 |
| William B. Day | Executive Vice President | Dec. 14, 2016 M | 56,581 | 0 | 0 | $0 |
| Michael W Green | Executive Vice President | Nov. 28, 2014 M | 67,185 | 0 | 0 | $0 |
| Mitchell G Elmer | SVP; Controller; CAO | Nov. 14, 2013 A | 41,515 | 0 | 0 | $0 |
| Manuel A Fernandez | Executive Chairman | Aug. 22, 2013 A | 174,659 | 0 | 0 | $0 |
| Larry G Pulliam | EVP and Group President | June 13, 2013 S | 210,315 | 0 | 0 | $0 |
| James D Hope | EVP, Business Transformation | May 28, 2013 S | 49,580 | 0 | 0 | $0 |
| Michael C Nichols | Sr. VP, Gen Counsel and Sec | Dec. 13, 2010 G | 29,871 | 0 | 0 | $0 |
| Kirk G Drummond | Sr. VP, Sysco Business Service | Nov. 11, 2010 A | 52,217 | 0 | 0 | $0 |
| Stephen F Smith | EVP - S & W Foodsvcs Oper. | Nov. 10, 2009 A | 68,817 | 0 | 0 | $0 |
| CARRIG KENNETH J | Exec VP & Chief Admin Officer | Jan. 16, 2009 M | 50,896 | 0 | 0 | $0 |
| Robert Joe Davis | SVP, Market Development | Nov. 11, 2008 A | 30,732 | 0 | 0 | $0 |
| Lawrence J Accardi | Exec VP C Sales; Pres Spec Dis | Dec. 17, 2007 M | 177,500 | 0 | 0 | $0 |
| LANKFORD JAMES E | Sr VP, Foodservice Ops | March 20, 2006 M | 204,304 | 0 | 0 | $0 |
| GRAHAM JAMES C | Sr VP, Foodservice Ops | March 13, 2006 S | 122,094 | 0 | 0 | $0 |
| Bruce Soltis | Sr VP, Canadian Foodservice Op | Jan. 25, 2006 G | 553,905 | 0 | 0 | $0 |
| Diane D Sanders | Gp Pres, Comm/Collaboration | Dec. 16, 2005 S | 136,767 | 0 | 0 | $0 |
| William Holden | Sr VP, Foodservice Ops | Sept. 8, 2005 A | 101,991 | 0 | 0 | $0 |
| Gregory K Marshall | Sr VP | March 1, 2005 M | 60,756 | 0 | 0 | $0 |
| James D Wickus | Sr VP, Foodservice Operations | June 21, 2004 M | 218,849 | 0 | 0 | $0 |
| Alison Kenney Paul | Director | June 30, 2026 A | 12,889 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 3 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Nelson Peltz, Peter W. May, Edward P. Garden, Trian Fund Management, L.P. S.S. OR, Trian Fund Management GP, LLC S.S. OR, Trian Partners, L.P. S.S. OR, Trian Partners Master Fund, L.P. S.S. OR, Trian Partners Parallel Fund I, L.P. S.S. OR, Trian Partners Strategic Investment Fund-A, L.P. S.S. OR, Trian Partners Strategic Co-Investment Fund-A, L.P. S.S. OR, Trian Partners Strategic Investment Fund-N, L.P. S.S. OR, Trian Partners Strategic Investment Fund II, L.P. S.S. OR, Trian Partners Strategic Investment Fund-D, L.P. S.S. OR, Trian Partners Fund (Sub)-G, L.P. S.S. OR, Trian Partners Strategic Fund-G II, L.P. S.S. OR, Trian Partners Strategic Fund-G III, L.P. S.S. OR, Trian Partners Co-Investment Opportunities Fund, Ltd. S.S. OR, Trian Partners Strategic Fund-K, L.P. S.S. OR, Trian Partners Strategic Fund-C, Ltd. S.S. OR, Joshua D. Frank S.S. OR, Trian Partners SPV XI GP, L.P. S.S. OR ×9 filings | March 20, 2019 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Feb. 2, 2001 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Feb. 1, 2001 | — | Initial filing | M&A / sale | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 217 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PEJ · Invesco Exchange-Traded Fund Trust | 5.02% | 220,213 SH | Aug. 21, 2026 | Daily |
| RSPS · Invesco Exchange-Traded Fund Trust | 3.02% | 91,505 SH | Aug. 21, 2026 | Daily |
| PRVS · Parnassus Funds II | 2.81% | 8,504 NS | June 30, 2026 | N-PORT |
| ESN · Northern Lights Fund Trust II | 2.27% | 83,522 NS | May 31, 2026 | N-PORT |
| POWA · Invesco Exchange-Traded Self-Indexe… | 2.10% | 44,824 SH | Aug. 21, 2026 | Daily |
| FDIV · EA Series Trust | 2.01% | 19,571 NS | April 30, 2026 | N-PORT |
| CZA · Invesco Exchange-Traded Fund Trust | 1.90% | 42,183 SH | Aug. 21, 2026 | Daily |
| IYK · iShares Trust | 1.80% | 307,278 SH | Aug. 21, 2026 | Daily |
| JMID · Janus Detroit Street Trust | 1.77% | 4,326 NS | April 30, 2026 | N-PORT |
| NOBL · ProShares Trust | 1.49% | 2,169,060 NS | May 31, 2026 | N-PORT |
| VDC · VANGUARD WORLD FUND | 1.46% | 1,612,378 SH | Aug. 19, 2026 | Daily |
| KNG · First Trust Exchange-Traded Fund IV | 1.45% | 655,556 NS | April 30, 2026 | N-PORT |
| EPMV · Harbor ETF Trust | 1.42% | 846 NS | April 30, 2026 | N-PORT |
| TMDV · ProShares Trust | 1.40% | 815 NS | May 31, 2026 | N-PORT |
| UGE · ProShares Trust | 1.32% | 2,041 NS | May 31, 2026 | N-PORT |
| FSTA · FIDELITY COVINGTON TRUST | 1.23% | 237,057 NS | April 30, 2026 | N-PORT |
| GXPS · Global X Funds | 1.22% | 9,645 NS | May 31, 2026 | N-PORT |
| NUDV · Nushares ETF Trust | 1.20% | 7,281 NS | April 30, 2026 | N-PORT |
| GINX · RBB Fund, Inc. | 1.15% | 14,424 NS | May 31, 2026 | N-PORT |
| FDV · Federated Hermes ETF Trust | 1.10% | 110,076 NS | April 30, 2026 | N-PORT |
| EPMB · Harbor ETF Trust | 1.05% | 635 NS | April 30, 2026 | N-PORT |
| KXI · iShares Trust | 1.05% | 136,229 SH | Aug. 21, 2026 | Daily |
| SNPD · DBX ETF Trust | 1.05% | 361 NS | May 29, 2026 | N-PORT |
| SPXD · DBX ETF Trust | 0.94% | 842 NS | May 31, 2026 | N-PORT |
| FXG · First Trust Exchange-Traded AlphaDE… | 0.86% | 27,981 NS | April 30, 2026 | N-PORT |
| UPSD · ETF Series Solutions | 0.80% | 10,779 NS | April 30, 2026 | N-PORT |
| ALTL · Pacer Funds Trust | 0.75% | 9,660 NS | April 30, 2026 | N-PORT |
| WBIL · Absolute Shares Trust | 0.70% | 2,548 NS | June 30, 2026 | N-PORT |
| RPV · Invesco Exchange-Traded Fund Trust | 0.70% | 145,670 SH | Aug. 21, 2026 | Daily |
| VOE · VANGUARD INDEX FUNDS | 0.69% | 3,071,700 SH | Aug. 19, 2026 | Daily |
| CGVV · Capital Group Equity ETF Trust I | 0.68% | 12,182 NS | May 31, 2026 | N-PORT |
| TEXN · iShares Trust | 0.67% | 1,387 SH | Aug. 21, 2026 | Daily |
| CAPE · DoubleLine ETF Trust | 0.66% | 18,907 NS | June 30, 2026 | N-PORT |
| ACLC · AMERICAN CENTURY ETF TRUST | 0.65% | 26,540 NS | May 31, 2026 | N-PORT |
| TMFE · RBB Fund, Inc. | 0.63% | 7,004 NS | May 31, 2026 | N-PORT |
| LGDX · Tidal Trust III | 0.60% | 11,143 NS | April 30, 2026 | N-PORT |
| IMCV · iShares Trust | 0.54% | 77,664 SH | Aug. 21, 2026 | Daily |
| LQAI · Exchange Listed Funds Trust | 0.54% | 153 NS | April 30, 2026 | N-PORT |
| IWP · iShares Trust | 0.53% | 1,309,804 SH | Aug. 21, 2026 | Daily |
| QUVU · Hartford Funds Exchange-Traded Trust | 0.53% | 12,247 NS | April 30, 2026 | N-PORT |
| DUHP · Dimensional ETF Trust | 0.50% | 758,550 NS | April 30, 2026 | N-PORT |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.44% | 519,582 SH | Aug. 21, 2026 | Daily |
| ROUS · Lattice Strategies Trust | 0.43% | 33,764 NS | April 30, 2026 | N-PORT |
| FVD · First Trust Exchange-Traded Fund | 0.42% | 401,934 NS | June 30, 2026 | N-PORT |
| ZECP · Zacks Trust | 0.40% | 18,165 NS | May 31, 2026 | N-PORT |
| VO · VANGUARD INDEX FUNDS | 0.39% | 10,363,450 SH | Aug. 19, 2026 | Daily |
| EQIN · Columbia ETF Trust I | 0.39% | 14,417 NS | April 30, 2026 | N-PORT |
| AKAF · ETF Series Solutions | 0.38% | 149 NS | May 31, 2026 | N-PORT |
| SIXL · EXCHANGE TRADED CONCEPTS TRUST | 0.38% | 9,510 NS | May 31, 2026 | N-PORT |
| AVMC · AMERICAN CENTURY ETF TRUST | 0.38% | 20,305 NS | May 31, 2026 | N-PORT |