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Side-by-side financial comparison of Sysco (SYY) and AT&T (T). Click either name above to swap in a different company.

AT&T is the larger business by last-quarter revenue ($31.5B vs $20.8B, roughly 1.5× Sysco). AT&T runs the higher net margin — 13.3% vs 1.9%, a 11.4% gap on every dollar of revenue. On growth, Sysco posted the faster year-over-year revenue change (3.0% vs 2.9%). AT&T produced more free cash flow last quarter ($2.5B vs $385.0M). Over the past eight quarters, Sysco's revenue compounded faster (3.5% CAGR vs 2.8%).

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.

AT&T Inc., an abbreviation of its predecessor's original name, the American Telephone and Telegraph Company, is an American multinational telecommunications conglomerate headquartered at the Whitacre Tower in Downtown Dallas, Texas. AT&T is the world’s third-largest telecommunications company by revenue, the third largest wireless carrier in the United States behind T-Mobile and Verizon, and the nation's biggest fiber internet provider.

SYY vs T — Head-to-Head

Bigger by revenue
T
T
1.5× larger
T
$31.5B
$20.8B
SYY
Growing faster (revenue YoY)
SYY
SYY
+0.2% gap
SYY
3.0%
2.9%
T
Higher net margin
T
T
11.4% more per $
T
13.3%
1.9%
SYY
More free cash flow
T
T
$2.1B more FCF
T
$2.5B
$385.0M
SYY
Faster 2-yr revenue CAGR
SYY
SYY
Annualised
SYY
3.5%
2.8%
T

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
SYY
SYY
T
T
Revenue
$20.8B
$31.5B
Net Profit
$389.0M
$4.2B
Gross Margin
18.3%
Operating Margin
3.3%
21.1%
Net Margin
1.9%
13.3%
Revenue YoY
3.0%
2.9%
Net Profit YoY
-4.2%
-10.9%
EPS (diluted)
$0.81
$0.54

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SYY
SYY
T
T
Q1 26
$31.5B
Q4 25
$20.8B
$33.5B
Q3 25
$21.1B
$30.7B
Q2 25
$21.1B
$30.8B
Q1 25
$19.6B
$30.6B
Q4 24
$20.2B
$32.3B
Q3 24
$20.5B
$30.2B
Q2 24
$20.6B
$29.8B
Net Profit
SYY
SYY
T
T
Q1 26
$4.2B
Q4 25
$389.0M
$3.8B
Q3 25
$476.0M
$9.3B
Q2 25
$531.0M
$4.5B
Q1 25
$401.0M
$4.4B
Q4 24
$406.0M
$4.1B
Q3 24
$490.0M
$-174.0M
Q2 24
$611.7M
$3.6B
Gross Margin
SYY
SYY
T
T
Q1 26
Q4 25
18.3%
Q3 25
18.4%
Q2 25
18.9%
Q1 25
18.3%
Q4 24
18.1%
Q3 24
18.3%
Q2 24
18.7%
Operating Margin
SYY
SYY
T
T
Q1 26
21.1%
Q4 25
3.3%
17.3%
Q3 25
3.8%
19.9%
Q2 25
4.2%
21.1%
Q1 25
3.5%
18.8%
Q4 24
3.5%
16.5%
Q3 24
3.9%
7.0%
Q2 24
4.7%
19.3%
Net Margin
SYY
SYY
T
T
Q1 26
13.3%
Q4 25
1.9%
11.3%
Q3 25
2.3%
30.3%
Q2 25
2.5%
14.6%
Q1 25
2.0%
14.2%
Q4 24
2.0%
12.6%
Q3 24
2.4%
-0.6%
Q2 24
3.0%
12.1%
EPS (diluted)
SYY
SYY
T
T
Q1 26
$0.54
Q4 25
$0.81
$0.52
Q3 25
$0.99
$1.29
Q2 25
$1.10
$0.62
Q1 25
$0.82
$0.61
Q4 24
$0.82
$0.56
Q3 24
$0.99
$-0.03
Q2 24
$1.23
$0.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SYY
SYY
T
T
Cash + ST InvestmentsLiquidity on hand
$1.2B
$12.0B
Total DebtLower is stronger
$12.4B
$131.6B
Stockholders' EquityBook value
$2.3B
$125.6B
Total Assets
$27.2B
$421.2B
Debt / EquityLower = less leverage
5.45×
1.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SYY
SYY
T
T
Q1 26
$12.0B
Q4 25
$1.2B
$18.2B
Q3 25
$844.0M
$20.3B
Q2 25
$1.1B
$10.5B
Q1 25
$1.5B
$6.9B
Q4 24
$793.0M
$3.3B
Q3 24
$733.0M
$2.6B
Q2 24
$696.0M
$3.1B
Total Debt
SYY
SYY
T
T
Q1 26
$131.6B
Q4 25
$12.4B
$127.1B
Q3 25
$11.5B
$128.1B
Q2 25
$12.4B
$123.1B
Q1 25
$12.2B
$117.3B
Q4 24
$11.4B
$118.4B
Q3 24
$11.9B
$126.4B
Q2 24
$11.5B
$125.4B
Stockholders' Equity
SYY
SYY
T
T
Q1 26
$125.6B
Q4 25
$2.3B
$126.5B
Q3 25
$2.1B
$126.8B
Q2 25
$1.8B
$121.4B
Q1 25
$1.9B
$119.9B
Q4 24
$2.0B
$118.2B
Q3 24
$2.2B
$116.3B
Q2 24
$1.9B
$119.3B
Total Assets
SYY
SYY
T
T
Q1 26
$421.2B
Q4 25
$27.2B
$420.2B
Q3 25
$27.0B
$423.2B
Q2 25
$26.8B
$405.5B
Q1 25
$26.3B
$397.5B
Q4 24
$25.3B
$394.8B
Q3 24
$25.9B
$393.7B
Q2 24
$24.9B
$398.0B
Debt / Equity
SYY
SYY
T
T
Q1 26
1.05×
Q4 25
5.45×
1.00×
Q3 25
5.54×
1.01×
Q2 25
6.75×
1.01×
Q1 25
6.37×
0.98×
Q4 24
5.66×
1.00×
Q3 24
5.38×
1.09×
Q2 24
6.19×
1.05×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SYY
SYY
T
T
Operating Cash FlowLast quarter
$525.0M
$7.6B
Free Cash FlowOCF − Capex
$385.0M
$2.5B
FCF MarginFCF / Revenue
1.9%
8.0%
Capex IntensityCapex / Revenue
0.7%
15.5%
Cash ConversionOCF / Net Profit
1.35×
1.82×
TTM Free Cash FlowTrailing 4 quarters
$1.8B
$17.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SYY
SYY
T
T
Q1 26
$7.6B
Q4 25
$525.0M
$11.3B
Q3 25
$86.0M
$10.2B
Q2 25
$1.2B
$9.8B
Q1 25
$819.0M
$9.0B
Q4 24
$445.0M
$11.9B
Q3 24
$53.0M
$10.2B
Q2 24
$1.6B
$9.1B
Free Cash Flow
SYY
SYY
T
T
Q1 26
$2.5B
Q4 25
$385.0M
$4.5B
Q3 25
$-74.0M
$5.3B
Q2 25
$819.0M
$4.9B
Q1 25
$620.0M
$4.8B
Q4 24
$234.0M
$5.1B
Q3 24
$-69.0M
$4.9B
Q2 24
$1.3B
$4.7B
FCF Margin
SYY
SYY
T
T
Q1 26
8.0%
Q4 25
1.9%
13.6%
Q3 25
-0.3%
17.1%
Q2 25
3.9%
15.8%
Q1 25
3.2%
15.6%
Q4 24
1.2%
15.6%
Q3 24
-0.3%
16.3%
Q2 24
6.4%
15.9%
Capex Intensity
SYY
SYY
T
T
Q1 26
15.5%
Q4 25
0.7%
20.3%
Q3 25
0.8%
15.9%
Q2 25
1.8%
15.9%
Q1 25
1.0%
14.0%
Q4 24
1.0%
21.2%
Q3 24
0.6%
17.5%
Q2 24
1.5%
14.6%
Cash Conversion
SYY
SYY
T
T
Q1 26
1.82×
Q4 25
1.35×
2.99×
Q3 25
0.18×
1.09×
Q2 25
2.25×
2.17×
Q1 25
2.04×
2.08×
Q4 24
1.10×
2.92×
Q3 24
0.11×
Q2 24
2.64×
2.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SYY
SYY

International Foodservice Operations$4.0B19%
Fresh And Frozen Meats1$3.0B14%
Canned And Dry Products1$2.7B13%
Sygma Segment$2.1B10%
Frozen Fruits Vegetables Bakery And Other1$2.1B10%
Dairy Products1$1.5B7%
Poultry1$1.3B6%
Fresh Produce1$1.3B6%
Paper And Disposables1$1.0B5%
Seafood1$542.0M3%
Beverage Products1$390.0M2%
Other Products$289.0M1%
Equipment And Smallwares$286.0M1%

T
T

Service$25.5B81%
Equipment$6.0B19%

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