SYF
Synchrony Financial
NYSE: SYF · FINANCIAL SERVICES · CREDIT SERVICES
$75.12
-1.48% today
Updated 2026-04-29
Market cap
$25.31B
P/E ratio
7.78
P/S ratio
2.56x
EPS (TTM)
$9.66
Dividend yield
1.57%
52W range
$52 – $88
Volume
4.0M
Synchrony Financial (SYF) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.21B | $8.81B | $9.44B | $10.15B | $10.88B | $12.22B | $13.76B | $15.15B | $15.60B | $12.83B | $11.22B | $13.20B | $17.34B | $20.76B | $19.12B |
| Revenue growth (YoY) | — | +7.3% | +7.2% | +7.5% | +7.2% | +12.3% | +12.6% | +10.1% | +3.0% | -17.8% | -12.5% | +17.6% | +31.4% | +19.7% | -7.9% |
| Cost of revenue | $3.19B | $3.31B | $3.81B | $3.84B | $4.09B | $5.23B | $6.69B | $7.42B | $6.47B | $6.97B | $1.76B | $4.90B | $9.68B | $11.37B | $9.36B |
| Gross profit | $5.02B | $5.50B | $5.63B | $6.31B | $6.79B | $6.99B | $7.07B | $7.74B | $9.13B | $5.85B | $9.47B | $8.30B | $7.66B | $9.39B | $9.76B |
| Gross margin | 61.1% | 62.4% | 59.6% | 62.2% | 62.4% | 57.2% | 51.4% | 51.1% | 58.5% | 45.6% | 84.3% | 62.9% | 44.2% | 45.2% | 51.0% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $596.00M | $620.00M | $698.00M | $866.00M | $1.04B | $1.20B | $1.30B | $1.43B | $1.46B | $1.38B | $1.50B | $1.68B | $1.88B | $1.83B | $2.09B |
| Operating income | $3.01B | $3.38B | $3.14B | $3.39B | $3.53B | $3.57B | $3.32B | $3.64B | $4.89B | $1.80B | $5.50B | $3.96B | $2.90B | $4.55B | $4.62B |
| Operating margin | 36.7% | 38.3% | 33.3% | 33.4% | 32.4% | 29.2% | 24.2% | 24.0% | 31.3% | 14.0% | 49.0% | 30.0% | 16.7% | 21.9% | 24.2% |
| EBITDA | $3.11B | $3.46B | $3.25B | $3.52B | $3.71B | $3.79B | $3.58B | $3.95B | $5.25B | $2.18B | $5.89B | $4.38B | $3.36B | $5.03B | $5.13B |
| EBITDA margin | 37.8% | 39.3% | 34.4% | 34.6% | 34.0% | 31.0% | 26.0% | 26.0% | 33.7% | 17.0% | 52.5% | 33.2% | 19.4% | 24.2% | 26.9% |
| EBIT | $3.01B | $3.38B | $3.14B | $3.39B | $3.53B | $3.57B | $3.32B | $3.64B | $4.89B | $1.80B | $5.50B | $3.96B | $2.90B | $4.55B | $4.62B |
| Interest expense | $932.00M | $745.00M | $742.00M | $922.00M | $1.14B | $1.25B | $1.39B | $1.87B | $2.29B | $1.67B | $1.03B | $1.52B | $3.71B | $4.63B | $4.13B |
| Income tax | $1.12B | $1.26B | $1.16B | $1.28B | $1.32B | $1.32B | $1.39B | $854.00M | $1.14B | $412.00M | $1.28B | $946.00M | $666.00M | $1.05B | $1.07B |
| Effective tax rate | 37.2% | 37.2% | 37.0% | 37.7% | 37.3% | 36.9% | 41.8% | 23.4% | 23.3% | 22.9% | 23.3% | 23.9% | 22.9% | 23.1% | 23.1% |
| Net income | $1.89B | $2.12B | $1.98B | $2.11B | $2.21B | $2.25B | $1.94B | $2.79B | $3.75B | $1.39B | $4.22B | $3.02B | $2.24B | $3.50B | $3.55B |
| Net income growth (YoY) | — | +12.1% | -6.6% | +6.6% | +5.0% | +1.7% | -14.0% | +44.2% | +34.3% | -63.0% | +204.8% | -28.5% | -25.8% | +56.3% | +1.5% |
| Profit margin | 23.0% | 24.1% | 21.0% | 20.8% | 20.3% | 18.4% | 14.1% | 18.4% | 24.0% | 10.8% | 37.6% | 22.9% | 12.9% | 16.9% | 18.6% |