Remitly Global Inc vs SYSCO Corporation — how do they compare? Remitly Global Inc trades at $23.37 (market cap $5.02B), while SYSCO Corporation trades at $81.47 (market cap $38.84B). The key difference: SYSCO Corporation is far larger — about 7.7× Remitly Global Inc's market cap, and SYSCO Corporation pays a 2.71% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| RELY | SYY | |
|---|---|---|
Market Cap | $5.02B | $38.84B |
Sector | Technology | Consumer Staples |
52-Week High | $25.23 | $91.16 |
52-Week Low | $12.20 | $69.30 |
Enterprise Value | $4.41B | $52.32B |
Dividend Yield | — | 2.71% |
Trailing returns across standard periods
Latest headlines on both assets
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Read more on RELY →Sysco is the largest U.S. food-service distributor, boasting 17% market share of the highly fragmented food-service distribution industry. Sysco distributes over 400,000 food and nonfood products to restaurants (63% of revenue), healthcare facilities (8%), education and government buildings (8%), travel and leisure (7%), and other locations (14%) where individuals consume away-from-home meals. In fiscal 2022, 82% of the firm's revenue was U.S.-based, with 7% from Canada, 4% from the U.K., 2% from France, and 4% other.
Read more on SYY →