Sysco Gross Margin 2010-2024 | SYY
- Sysco average gross margin for 2023 was 18.31%, a 1.78% increase from 2022.
- Sysco average gross margin for 2022 was 17.99%, a 0.66% increase from 2021.
- Sysco average gross margin for 2021 was 18.11%, a 3.05% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.