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Synchrony Financial

SYF Financial Credit Services

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%
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% (at or above 15%: strong)
This Y EPS Growth 1.07%
Next Y EPS Growth 10.87%
Next Y revenue growth (34.38%) (below 0%: weak)
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.

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
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

Synchrony Financial vs peers in Credit Services (Q) = latest quarter vs a year earlier

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 →

SYF metrics, ten years each

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.

Source: company filings (standardised) and stockrow calculations.

Synchrony Financial (SYF) Latest News

7 Aug

Impact 5 ·

26 May

Impact 5 ·
stockrow.com/SYF · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com