Saturday 17 October 2026 Export SYF’s income statement to Excel — free account

Synchrony Financial

Synchrony Financial’s revenue for fiscal 2025 (year ended December 2025) was $23.1 billion, down 4.32% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 3.98%, free cash flow fell 5.47% and total debt rose 2.64%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, operating cash flow growth for three.

73.68 0.36 −0.49%

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Market cap: $24.1B
P/E: 7.5×
Fwd P/E: 7.6×
Dividend yield: 1.68%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 47.67

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	4	—	—	7	8	—	4	—	—	4	—	—

Insider Ownership 2.32%

Capital & Financial Ratios $m

Market Cap 24,090.00

Revenue 23,174.00

Net Income 3,518.00

Free Cash Flow 9,694.00

Net Debt 239.00

Current Ratio 1.22

Debt/Equity 0.97

P/E ratio 7.47

Fwd P/E 7.62

P/S ratio 1.05

P/B ratio 1.61

Past 5Y EPS Growth 32.53%

This Y EPS Growth 1.07%

Next Y EPS Growth 10.87%

Next Y revenue growth (34.38%)

Next 5Y EPS Growth 8.32%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 44.34%

10-year low 10-year high

P/S against its own 10 years 35.50%

10-year low 10-year high

P/B against its own 10 years 47.29%

10-year low 10-year high

Dividends

Payout Ratio 0.13

Annual Dividend Rate 1.24

Annual Dividend Yield 1.68%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.28	0.30 0.30 0.34
2025	1.15	0.25 0.30 0.30 0.30
2024	1.00	0.25 0.25 0.25 0.25
2023	0.96	0.23 0.23 0.25 0.25
2022	0.90	0.22 0.22 0.23 0.23
2021	0.88	0.22 0.22 0.22 0.22
2020	0.88	0.22 0.22 0.22 0.22
2019	0.86	0.21 0.21 0.22 0.22
2018	0.72	0.15 0.15 0.21 0.21
2017	0.56	0.13 0.13 0.15 0.15
2016	0.26	0.13 0.13

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	14,259	14,711	14,973	16,193
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	106,676	108,503	108,339	108,089

	2023	2024	2025	Q'26
Payables	81,153	82,062	81,144	82,806
ST’ Debt	—	—	—	—
Other	—	—	—	—
	87,487	87,421	87,147	88,601

Compound Annual Growth %

	10y	5y	3y
Sales	5.43%	7.02%	9.68%
Cash Flow	4.77%	5.64%	13.74%
Earnings	4.59%	20.90%	5.27%
Book Value	2.89%	5.71%	9.21%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	5,736	5,720	—	—	—
’25	5,699	5,704	5,858	5,860	23,121
’24	6,725	5,699	5,904	5,838	24,166
’23	4,851	5,082	5,446	5,620	20,999
’22	4,130	4,272	4,386	4,738	17,526
’21	3,873	3,667	3,992	4,220	15,752
’20	4,504	3,925	3,968	4,075	16,472

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	2,183	2,420	—	—	—
’25	2,200	2,560	2,637	2,454	9,851
’24	2,248	2,484	2,763	2,353	9,848
’23	1,886	1,908	2,482	2,317	8,593
’22	1,396	1,817	1,634	1,847	6,694
’21	1,839	1,441	1,815	2,004	7,099
’20	1,537	2,381	1,483	2,086	7,487

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	2,183	2,420	—	—	—
’25	2,200	2,560	2,637	2,454	9,851
’24	2,248	2,484	2,763	2,353	9,848
’23	1,886	1,908	2,482	2,317	8,593
’22	1,396	1,817	1,634	1,847	6,694
’21	1,839	1,441	1,815	2,004	7,099
’20	1,537	2,381	1,483	2,086	7,487

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	2.27	2.59	—	—	—
’25	1.89	2.50	2.86	2.04	9.28
’24	3.14	1.55	1.94	1.91	8.55
’23	1.35	1.32	1.48	1.03	5.19
’22	1.77	1.60	1.47	1.26	6.15
’21	1.73	2.12	2.00	1.48	7.34
’20	0.45	0.06	0.52	1.24	2.27

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	23.25	26.01	21.78	23.12	12.15	33.41	27.22	26.59	35.29	40.55	Analyst estimates 2026–2028 Powerpack
	High	37.31	39.17	40.59	38.18	36.43	52.49	50.20	38.59	69.39	86.48
People
People	Employees	15,000	16,000	16,500	16,500	16,500	18,000	18,500	20,000	20,000	20,000
	Revenue/emp, $m	1.01	1.04	1.11	1.18	1.00	0.88	0.95	1.05	1.21	1.16
Income, $m
Income, $m	Revenue	15,122	16,695	18,253	19,461	16,472	15,752	17,526	20,999	24,166	23,121
	Gross margin, %	91.75	91.67	89.76	88.23	89.89	93.45	91.32	82.33	80.82	82.12
	EBT	3,570	3,324	3,644	4,887	1,797	5,503	3,962	2,904	4,553	4,621
	EBT margin, %	23.61	19.91	19.96	25.11	10.91	34.94	22.61	13.83	18.84	19.99
	Net income	2,251	1,935	2,790	3,747	1,385	4,221	3,016	2,238	3,499	3,552
	Depreciation	219	254	302	367	383	390	419	458	481	514
Per share, $
Per share, $	Revenue	18.24	20.98	24.59	29.04	27.97	27.90	36.48	49.86	60.95	62.51
	Earnings	2.71	2.43	3.76	5.59	2.28	7.40	6.19	5.21	8.64	9.38
	Cash flow	7.85	10.78	12.59	13.41	12.71	12.57	13.93	20.40	24.84	26.63
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	7.85	10.78	12.59	13.41	12.71	12.57	13.93	20.40	24.84	26.63
	Book value	17.12	17.89	19.77	22.51	21.56	24.19	26.80	33.01	41.82	45.33
	Shares, m	829	796	742	670	589	565	480	421	397	370
Valuation, ×
Valuation, ×	P/E	13.63	16.06	6.22	6.47	15.22	6.29	5.27	7.29	7.54	8.89
	P/S	2.03	1.85	0.95	1.24	1.24	1.66	0.89	0.76	1.07	1.33
	P/B	2.16	2.17	1.19	1.68	1.71	2.03	1.28	1.21	1.68	1.99
	EV/Sales	2.75	2.40	1.75	1.64	1.50	2.05	1.11	0.84	1.10	1.34
	EV/FCF	6.38	4.68	3.43	3.54	3.30	4.56	2.91	2.06	2.69	3.15
Cash, $m
Cash, $m	Operating cash flow	6,511	8,575	9,342	8,990	7,487	7,099	6,694	8,593	9,848	9,851
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	6,511	8,575	9,342	8,990	7,487	7,099	6,694	8,593	9,848	9,851
Balance, $m
Balance, $m	Working capital	25,450	27,200	27,990	24,613	15,659	17,164	15,737	19,189	21,082	21,192
	Total debt	20,147	20,799	23,996	19,866	15,775	14,507	14,191	15,982	15,462	15,182
	Net debt	10,826	9,197	14,600	7,719	4,251	6,170	3,897	1,723	751	209
	Shareholders’ equity	14,196	14,234	14,678	15,088	12,701	13,655	12,873	13,903	16,580	16,766
Returns, %
Returns, %	ROA	2.58	2.08	2.75	3.54	1.34	4.36	2.97	1.98	2.89	2.91
	ROIC	8.92	8.87	7.78	13.39	6.63	17.35	14.77	11.62	16.42	17.01
	ROE	16.80	13.61	19.30	25.81	10.20	33.58	23.74	17.35	24.03	22.45

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
PYPL PayPal Holdings, Inc.	$48.9B	10.6×	8.1×	+4.75% (above 0%: growing)	−3.08% (below 0%: shrinking)	+157.72% (above 0%: growing)	39.60%	16.44%	Compare
AFRM Affirm Holdings, Inc.	$25.6B	13.0×	35.7×	+33.04% (above 0%: growing)	+2,171.43% (above 0%: growing)	+875.00% (above 0%: growing)	58.84%	12.63%	Compare
SYF Synchrony Financial	$24.1B	7.5×	7.6×	+0.28% (above 0%: growing)	+3.98% (above 0%: growing)	−5.47% (below 0%: shrinking)	82.95%	0.00%
SOFI SoFi Technologies, Inc.	$19.5B	28.5×	26.8×	+39.09% (above 0%: growing)	+33.33% (above 0%: growing)	−160.17% (below 0%: shrinking)	77.57%	0.00%	Compare
ALLY Ally Financial Inc.	$11.5B	8.8×	8.4×	+4.52% (above 0%: growing)	+13.33% (above 0%: growing)	+42.87% (above 0%: growing)	62.82%	0.00%	Compare
FCFS FirstCash Holdings, Inc.	$9.4B	24.6×	22.4×	+29.38% (above 0%: growing)	+58.21% (above 0%: growing)	+80.67% (above 0%: growing)	49.66%	14.92%	Compare
OMF OneMain Holdings, Inc.	$6.4B	8.4×	7.6×	+7.19% (above 0%: growing)	−5.71% (below 0%: shrinking)	+3.36% (above 0%: growing)	79.93%	0.00%	Compare
CACC Credit Acceptance Corporation	$5.7B	11.7×	10.5×	+0.62% (above 0%: growing)	+71.79% (above 0%: growing)	+120.88% (above 0%: growing)	100.00%	50.07%	Compare
KLAR Klarna Group plc	$5.1B	— (loss-making)	8.2×	+26.61% (above 0%: growing)	n/m	−129.24% (below 0%: shrinking)	61.23%	2.59%	Compare
Median of peers	$10.4B	11.7×	9.5×	+16.90%	+33.33%	+61.77%	62.03%	7.61%

All 55 Credit Services stocks →

Synchrony Financial (SYF) key facts

Concern: Synchrony Financial’s revenue for fiscal 2025 (year ended December 2025) was $23.1 billion, down 4.32% from fiscal 2024.
Strength: Net income was $3.6 billion, or $9.38 per share (basic), a net margin of 15.0%.
Synchrony Financial (SYF) is a Credit Services company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, SYF traded at $73.68, a market capitalization of $24.1 billion.
At that price the stock trades at 7.5× trailing-twelve-month earnings and 1.1× sales; its P/E is higher than 44% of its own readings over the past ten years.
Synchrony Financial pays an annual dividend of $1.24 per share, a yield of 1.68%, with a payout ratio of 12.7%.
Return on equity was 22.5% and debt-to-equity 0.97.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.