Synchrony Financial SYF

Financial - Credit Services, Financial Services

$73.64

−1.93%

Market cap: $24B
PE: 7.5×; 10y median 7.8×
Forward PE: 7.7×; 10y median 7.9×
Revenue, 12 months: $19.2B; +3% on a year ago
Net margin: 18.3%

Synchrony Financial trades at 7.5× trailing earnings, near its ten-year median. Revenue was $19.2B over the last twelve months, up 3% on a year earlier with a 18% net margin.

Charts

Financials

Income statement for SYF, by quarter
Income statement	Q3 FY23	Q4 FY23	Q1 FY24	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
	$4.5B+12%	$4.5B+10%	$5.6B+35%	$4.5B+8%	$4.7B+6%	$4.7B+4%	$4.6B−17%	$4.6B+3%	$4.8B+3%	$4.9B+4%	$4.8B+3%	$4.7B+2%
Interest expense	$992M+140%	$1.1B+80%	$1.2B+58%	$1.2B+31%	$1.2B+19%	$1.1B+3%	$1.1B−7%	$1.1B−10%	$1B−14%	$973M−13%	$968M−11%	$975M−9%
Pre-tax income	$833M−10%	$539M−27%	$1.7B+116%	$844M+14%	$1B+23%	$973M+81%	$984M−42%	$1.3B+49%	$1.4B+39%	$952M−2%	$1B+6%	$1.2B−6%
	$205M−6%	$99M−40%	$415M+120%	$201M+16%	$239M+17%	$199M+101%	$227M−45%	$289M+44%	$352M+47%	$201M+1%	$242M+7%	$301M+4%
Net income	$628M−11%	$440M−24%	$1.3B+115%	$643M+13%	$789M+26%	$774M+76%	$757M−42%	$967M+50%	$1.1B+37%	$751M−3%	$805M+6%	$885M−9%
	$1.48+1%	$1.03−18%	$3.14+133%	$1.55+17%	$1.94+31%	$1.91+85%	$1.89−40%	$2.50+61%	$2.86+47%	$2.04+7%	$2.27+20%	$2.59+4%
	418.4M−11%	414.6M−8%	408.2M−7%	402.6M−5%	396.5M−5%	395.2M−5%	389.4M−5%	379.1M−6%	369.9M−7%	357.6M−10%	346M−11%	334.1M−12%

Revenue: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Interest expense: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Pre-tax income: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Income tax: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Net income: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

EPS, diluted: 9 periods, Q1 FY13 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q1 FY13: share-days: the 6-month average less the second quarter's. 12 periods, Q4 FY13 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY14: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: Jan 26, 2027.

Quarter	Revenue	Range	EPS	Range	Analysts
Q3 FY26	$3.8B	$3.8B to $3.9B	$2.42	$2.25 to $2.69	11
Q4 FY26	$3.9B	$3.9B to $4B	$2.00	$1.87 to $2.10	11
Q1 FY27	$3.9B	$3.9B to $4B	$2.57	$2.27 to $2.95	9
Q2 FY27	$3.9B	$3.8B to $4B	$2.57	$2.52 to $2.63	3
Q3 FY27	$4B	$4B to $4.1B	$2.89	$2.84 to $2.97	3
Q4 FY27	$4.1B	$4.1B to $4.2B	$2.40	$2.36 to $2.46	6
Q1 FY28	$4.1B	$4.1B to $4.2B	$2.82	$2.77 to $2.89	8
Q2 FY28	$4.1B	$4B to $4.1B	$2.92	$2.87 to $2.99	4

Peers

Companies in Financial - Credit Services nearest Synchrony Financial's size, closest first.

Company	Market cap	PE	Its 10y median PE	Fwd PE	P/S	Revenue growth	Net margin
SYFSynchrony Financial	$24B	7.5×	7.8×	7.7×	n/m	+3%	18.3%
AFRMAffirm	$23.6B	12.7×	67.0×	35.8×	5.5×	+32%	45.3%
GPNGlobal Payments	$21.9B	n/m	42.4×	5.6×	2.1×	+23%	−9.1%
SOFISoFi Technologies	$18.9B	30.5×	46.4×	20.3×	n/m	+41%	14.8%
RBARB Global	$15.6B	36.1×	41.8×	n/m	3.2×	+10%	10.0%
CSGPCostar	$13.7B	179×	91.9×	n/m	3.9×	+22%	2.1%
CARTMaplebear	$13.1B	31.0×	25.9×	n/m	3.3×	+13%	12.0%
PYPLPayPal	$48.8B	10.8×	41.8×	10.3×	1.4×	+6%	14.4%
HQYHealthequity	$8.6B	37.7×	78.2×	n/m	6.3×	+7%	17.4%
ETSYEtsy	$8B	53.3×	50.6×	n/m	2.8×	+4%	7.3%
ZGZillow	$7.7B	155×	154×	n/m	2.7×	+18%	2.0%
Peer median	$14.7B	36.1×	48.5×	15.3×	3.2×	+15%	11.0%