stockrowTD SYNNEX Corporation
SNX Technology Electronics & Computer Distribution
TD SYNNEX Corporation’s revenue for fiscal 2025 (year ended November 2025) was $62.5 billion, up 6.94% from fiscal 2024.
- Revenue
- +37.8%
- EPS
- +88.4%
- Free cash flow
- −556.1%
- Total debt
- +30.3%
Quarter to August 2026, against a year earlier
Follow SNX
Alert me
TD SYNNEX Corporation (SNX) Altman Z-score
TD SYNNEX Corporation's Altman Z-score for fiscal 2025 is 2.54, in the grey zone (1.81–2.99).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 2.54 | (0.08) |
| FY2024 | 2.63 | 0.05 |
| FY2023 | 2.58 | (0.15) |
| FY2022 | 2.73 | 1.10 |
| FY2021 | 1.62 | (0.87) |
| FY2020 | 2.49 | (0.13) |
| FY2019 | 2.62 | 0.13 |
| FY2018 | 2.49 | (0.83) |
| FY2017 | 3.32 | (0.85) |
| FY2016 | 4.18 | (0.44) |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.13 | — | 0.15 | |
| Retained earnings / total assets | 0.10 | — | 0.14 | |
| EBIT / total assets | 0.04 | — | 0.14 | |
| Market value of equity / total liabilities | 0.49 | — | 0.29 | |
| Sales / total assets | 1.83 | — | 1.83 | |
| Altman Z-score | Grey zone | 2.54 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Grey zone | 1.78 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| CNXN PC Connection, Inc. compare | 6.0× |
| IZM ICZOOM Group Inc. compare | 5.6× |
| TAIT Taitron Components Incorporated compare | 3.8× |
| SCSC ScanSource, Inc. compare | 3.6× |
| AVT Avnet, Inc. compare | 3.1× |
| CLMB Climb Global Solutions, Inc. compare | 2.8× |
| SNX TD SYNNEX Corporation | 2.5× |
| ARW Arrow Electronics, Inc. compare | 1.9× |
| NSIT Insight Enterprises, Inc. compare | 1.6× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets
More on SNX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement