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Synchrony Financial (SYF) stock

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NYSE: SYF NYSE Consumer Finance Next results ~January 12, 2027

B+ Fundamentals grade

Synchrony Financial is a US-listed company in the consumer finance industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$140

Valuation models combined (5)

Base case. Range ~$95–$180. Weighted average of 5 models (residual income, justified price-to-book, price-to-book vs return on equity (peers), forward price-to-earnings vs peers, dividend discount (two-stage)), the residual income counting double.

Price vs value

Undervalued

The price is below our entire value range; our base value is 82% above it.

Price used: $76.82, November 2, 2026

Synchrony Financial valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Synchrony Financial files

10-Q filed October 22: Synchrony Financial

Model value −1.3%

Revenue reached $19.3bn for the twelve months to September 2026, a rise of 2.6% on the prior year. That pace is roughly in line with the quarter before. The diluted share count has fallen 11.3% over the same period, which lifts the claim attached to each remaining share. On the scorecard, the fundamentals grade slips one notch from B+ to B. Our model value edges down from $121 to $120 a share. Against that, the stock trades at $75.09, leaving it well below where the model places fair value.

Source: 10-Q filed October 22, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Synchrony Financial stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $19.2bn, up 2.9% on a year earlier, about the same pace as a quarter earlier. The diluted share count is down 9.8% on a year earlier, which lifts each remaining share. Our valuation models combined value is $126 a share, against a share price of $73.16.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 12, 2027 (estimated)

Synchrony Financial's trailing-twelve-month revenue grew 2.6% year on year, with a free-cash-flow margin of 46.5%. Where it stands out: change in share count of -11.3% ranks 3 of 38 consumer finance companies we cover.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 11% in the quarter to 2026-09-30, the 4th beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $76.82 is 82% below our value per share of $140.
  • Strong cash generation. 46.5% of revenue turned into free cash flow.
  • Shrinking share count. Diluted shares fell 11.3% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Insiders selling. 10 insiders sold $48M of stock over the past 365 days and none bought (100% under pre-set trading plans).
  • Below peers: revenue growth. Revenue growth of 2.6% ranks 30 of 39 consumer finance companies we cover (median 10.4%).

Latest results: FY2026 Q3

Filed October 22, 2026
Earnings per share
$2.68 against an average estimate of $2.40: beat by 11.4%
Revenue
$4.91bn, up 1.4% on a year earlier
Share reaction
-0.2% in the first session after the results on October 20, 2026, against +0.9% for the S&P 500
Guidance given
FY'26 EPS $9.5 (FY'26); RSA / Average loan receivables 4% to 4.5% (Full Year 2026)
Next report
October 20, 2026; average EPS estimate $1.98

Synchrony Financial's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.0%
  • 1 week+2.7%
  • 1 month+7.0%
  • This year-6.8%
  • 1 year+5.0%
  • 5 years+77.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$19.3B
Net margin
17.3%
EPS (TTM, diluted)
$9.81

Growth

Revenue growth
+2.6%
Change in growth rate
−0.3 pts
Share count change
−11.3%

Earnings

Last results
October 20, 2026
Next results (est.)
January 12, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Our research
  3. Announcement
  4. Results
  5. Announcement
  6. Guidance
  7. Announcement
  8. Results
  9. Announcement
  10. Announcement
  11. Results
  12. Partnership
  13. Announcement
  14. Results
  15. Announcement
  16. Product

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Synchrony Financial valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$140
Price used
$75.86close November 3, 2026
Implied change
▲ +84%
Uncertainty
Medium

How we got here: the combined value of 5 valuation models built for a business like Synchrony Financial (see the models table below and how they are combined) , with a 9.43% cost of equity. The models span ~$95–~$180; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Valuation models

We value Synchrony Financial as a bank or lender, with every model that fits that kind of business. Cost of equity 9.4%: the 10-year Treasury yield (4.9%) plus a beta of 1 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$180 ~$130–$250 Primary model, counts double
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$140 ~$120–$170 Included
Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. ~$95 ~$69–$120 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$38 ~$50–$74 Left out: far from the other models (more than 3x away from their median)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$100 ~$97–$120 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$150 ~$120–$180 Included
Combined value Weighted average of the models that apply: the primary model (residual income) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$140 ~$95–$180 5 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Synchrony Financial with banks and lenders in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

56 /100

Moderate moat

How hard Synchrony Financial's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 1 / 20

    Net income has been a median 2.7% of total assets over 10 years.

  • Durability 12 / 20

    Net margin has been a median 16.8%; its worst year was 9.1%.

  • Cash conversion 20 / 20

    Free cash flow was positive in 10 of 10 years, at a median 48.3% of revenue.

  • Discipline 15 / 20

    The diluted share count fell 41.4% over five years.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (61 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $9.55 +1% $15.1bn +1%
Next $10.49 +10% $15.9bn +5%

Next year's EPS estimate has moved +0.1% in 90 days, across 23 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.9% on 90 days ago. In the last 30 days, 8 analysts raised Synchrony Financial's forecast and 0 cut it.

Consensus EPS forecast Synchrony Financial, last 90 days
$9.00 $9.50 $10.00 $10.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $9.37 Current fiscal year, 60 days ago: $9.37 Current fiscal year, 30 days ago: $9.42 Current fiscal year, 7 days ago: $9.45 Current fiscal year, Now: $9.55 $9.55 Next fiscal year, 90 days ago: $10.48 Next fiscal year, 60 days ago: $10.47 Next fiscal year, 30 days ago: $10.42 Next fiscal year, 7 days ago: $10.46 Next fiscal year, Now: $10.49 $10.49

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $9.37$10.48
60 days ago $9.37$10.47
30 days ago $9.42$10.42
7 days ago $9.45$10.46
Now $9.55$10.49

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $2.40 $2.68 +11.4%
Jun 2026 $2.13 $2.59 +21.9%
Mar 2026 $2.16 $2.27 +5.1%
Dec 2025 $2.02 $2.18 +7.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 20, 2026
  • FY'26 EPS FY'26 about $9.50
    “~$9.50 FY'26 EPS” source
  • RSA / Average loan receivables Full Year 2026 4% to 4.5%
    “RSA / Average loan receivables increasing, reflecting program performance; expected to stay within target 4.0% - 4.5% range” source
  • Net charge-off rate Full Year 2026 —
    “<5.5% Net charge-off rate” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

24 analysts, Oct 2026
Buy1563%
Hold938%
Sell00%

Monthly trend

  1. Oct 2026411924
  2. Sep 2026412723
  3. Aug 2026312924
  4. Jul 2026312924

Counts of recommendations published by analysts covering Synchrony Financial, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.7%
of tradable shares
Days to cover
5.38
at average volume
Short interest, 1 month
−13%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.4%
of shares
Employees
20,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +5.0%

$73.16 on October 31, 2025 to $76.82

ThenNowEffect
Revenue (last 12 months) $18.7bn $19.2bn +2.9%
Net margin 17.6% 18.3% +4.0%
P/E multiple 8.7x 7.7x −11.5%
Share count 390m 352m +10.9%

Biggest factor: p/e multiple.

Last 3 years +168.4%

$28.62 on November 3, 2023 to $76.82

ThenNowEffect
Revenue (last 12 months) $16.4bn $19.2bn +17.3%
Net margin 14.9% 18.3% +22.4%
P/E multiple 5.2x 7.7x +47.8%
Share count 445m 352m +26.5%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
SYF+36%−27%+20%+74%+31%−7%
Industry peers (median)+44%−34%+12%+19%+20%+1%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
SYF58%50%58%75%67%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
SYF−16%−44%−28%−16%−38%−28%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 66% from January 26, 2018 to March 23, 2020. Getting back needed a 197% gain, reached on January 13, 2021, 296 days after the low.

Price behaviour

52-week range
$63.25 – $87.38
From 52-week high
−12.1%
vs 50-day average
+2.5%
vs 200-day average
+4.9%
Volatility (1 year)
31%
Beta vs S&P 500
1.19

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±2.8%
After a week
7 up, 5 down
typical move ±3.6%
After a month
6 up, 5 down
typical move ±9.5%
Results releasedNext dayS&P 500 next day5 days21 days
October 20, 2026 −0.2% +0.9% +1.0% —
August 17, 2026 −0.5% −1.1% −1.2% −7.6%
July 21, 2026 −0.8% +0.7% +5.1% +8.9%
April 21, 2026 +0.1% +0.4% −3.0% −7.9%
January 27, 2026 −5.3% +0.4% −4.7% −4.2%
October 15, 2025 −3.6% −0.2% +0.2% +1.7%
July 22, 2025 +3.8% +0.9% +2.7% +3.5%
April 22, 2025 +5.7% +4.2% +11.0% +21.9%
January 28, 2025 −1.6% +0.4% −5.3% −14.9%
October 16, 2024 +6.4% +0.4% +3.2% +22.3%
July 17, 2024 −1.7% −2.2% −3.5% −10.8%
April 24, 2024 +4.2% −0.4% +2.6% +0.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Synchrony Financial’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Options look rich

Option prices imply clearly more movement than the shares have shown. That strengthens the case for selling options.

  • Implied is 1.39× the last 60 days’ realised volatility , richer than 84% of the 229 stocks we screen today.
  • Puts and calls are priced at about the same implied volatility.
  • Why: implied is 1.39x 60-day realised, above 1-year realised, and in the top 20% of our coverage today.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

SYF Synchrony Financial Grade B+ $76.46

Sell the $70.00 put expiring December 18, 2026 (46 days) for $1.00 a share — $100 per contract.

Previous session · Bid $1.00, ask $1.25, quoted Mon 2 Nov, 17:37 New York time with SYF at $76.46. Option prices move with the shares: check the live chain at your broker before trading.

  • If SYF ends above $70.00: you keep the $100 — 1.4% on the $7,000 set aside, or 11.3% a year at that pace.
  • If it ends below $70.00: you buy 100 shares at an effective $69.00, 10% below today's price and 51% below our value of ~$140.
$100 −$1.4k Break-even $69.00 Price $76.46 Our value ~$140 →
Profit or loss per contract at expiry, by share price.
Premium
$100
Annualised
11.3%
Break-even
$69.00
Max gain
$100
Chance of buying
~21%

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Synchrony Financial in five measures

Fundamentals grade B+
Growth Profitability Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Synchrony Financial
$17B $18B $19B $20B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $17.3B Revenue (TTM), FY24 Q1: $18.7B Revenue (TTM), FY24 Q2: $19.1B Revenue (TTM), FY24 Q3: $19.3B Revenue (TTM), FY24 Q4: $19.5B Revenue (TTM), FY25 Q1: $18.6B Revenue (TTM), FY25 Q2: $18.7B Revenue (TTM), FY25 Q3: $18.8B Revenue (TTM), FY25 Q4: $19B Revenue (TTM), FY26 Q1: $19.1B Revenue (TTM), FY26 Q2: $19.2B Revenue (TTM), FY26 Q3: $19.3B $19.3B

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $17.3B
FY24 Q1 $18.7B
FY24 Q2 $19.1B
FY24 Q3 $19.3B
FY24 Q4 $19.5B
FY25 Q1 $18.6B
FY25 Q2 $18.7B
FY25 Q3 $18.8B
FY25 Q4 $19B
FY26 Q1 $19.1B
FY26 Q2 $19.2B
FY26 Q3 $19.3B
Revenue growth, TTM YoY Synchrony Financial
-5% 0% 5% 10% 15% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 8.0% Revenue growth, TTM YoY, FY24 Q1: 15.5% Revenue growth, TTM YoY, FY24 Q2: 16.3% Revenue growth, TTM YoY, FY24 Q3: 14.6% Revenue growth, TTM YoY, FY24 Q4: 13.0% Revenue growth, TTM YoY, FY25 Q1: -0.8% Revenue growth, TTM YoY, FY25 Q2: -2.0% Revenue growth, TTM YoY, FY25 Q3: -2.7% Revenue growth, TTM YoY, FY25 Q4: -2.8% Revenue growth, TTM YoY, FY26 Q1: 3.0% Revenue growth, TTM YoY, FY26 Q2: 2.9% Revenue growth, TTM YoY, FY26 Q3: 2.6% 2.6%

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 8.0%
FY24 Q1 15.5%
FY24 Q2 16.3%
FY24 Q3 14.6%
FY24 Q4 13.0%
FY25 Q1 -0.8%
FY25 Q2 -2.0%
FY25 Q3 -2.7%
FY25 Q4 -2.8%
FY26 Q1 3.0%
FY26 Q2 2.9%
FY26 Q3 2.6%
FCF margin (TTM) Synchrony Financial
44% 46% 48% 50% 52% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 47.1% FCF margin (TTM), FY24 Q1: 45.3% FCF margin (TTM), FY24 Q2: 47.5% FCF margin (TTM), FY24 Q3: 48.2% FCF margin (TTM), FY24 Q4: 48.0% FCF margin (TTM), FY25 Q1: 50.1% FCF margin (TTM), FY25 Q2: 50.2% FCF margin (TTM), FY25 Q3: 49.2% FCF margin (TTM), FY25 Q4: 49.2% FCF margin (TTM), FY26 Q1: 48.6% FCF margin (TTM), FY26 Q2: 47.5% FCF margin (TTM), FY26 Q3: 46.5% 46.5%

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 47.1%
FY24 Q1 45.3%
FY24 Q2 47.5%
FY24 Q3 48.2%
FY24 Q4 48.0%
FY25 Q1 50.1%
FY25 Q2 50.2%
FY25 Q3 49.2%
FY25 Q4 49.2%
FY26 Q1 48.6%
FY26 Q2 47.5%
FY26 Q3 46.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

What Synchrony Financial earned on its loans and securities in FY2025, what it paid depositors and lenders, and how its revenue split between running costs, credit losses, tax and profit.

  1. Interest income $22.6B
  2. Fee and other income $520M · 2.7%
  3. Interest paid $4.1B
  4. Net interest income $18.5B · 97.3%
  5. Revenue $19B
  6. Non-interest expense $5.1B · 27.0%
  7. Credit-loss provisions $5.2B · 27.5%
  8. Pre-tax profit $8.6B · 45.4%
  9. Income tax $1.1B · 5.6%
  10. Other $4B · 21.1%
  11. Net income $3.6B · 18.7%

Shares of revenue. Source: Synchrony Financial's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 10.0 11.1 11.8 12.5 13.9 15.3 16.4 17.2 14.8 14.7 16.0 17.3 19.5 19.0 19.3
Net income 2.1 2.0 2.1 2.2 2.3 1.9 2.8 3.7 1.4 4.2 3.0 2.2 3.5 3.6 3.3
Diluted EPS $3.00 $2.81 $2.78 $2.65 $2.71 $2.42 $3.74 $5.56 $2.27 $7.34 $6.15 $5.19 $8.55 $9.28 $9.81
Growth (year on year)
Revenue — +10.2% +6.6% +5.8% +11.1% +10.3% +7.1% +4.8% −13.8% −0.6% +8.7% +8.0% +13.0% −2.8% +2.6%
Net income — −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% −6.8%
Diluted EPS — −6.3% −1.1% −4.7% +2.3% −10.7% +54.5% +48.7% −59.2% +223.3% −16.2% −15.6% +64.7% +8.5% +5.1%
Margins
Net margin 21.1% 17.9% 17.9% 17.7% 16.2% 12.6% 17.0% 21.8% 9.4% 28.7% 18.8% 12.9% 17.9% 18.7% 17.3%
Cash flow
Cash from operations 5.6 5.7 5.3 6.2 6.5 8.6 9.3 9.0 7.5 7.1 6.7 8.6 9.8 9.9 9.6
Stock-based pay — — 0.0 0.0 — — — — — — — — — — —
Balance sheet
Cash 1.3 2.3 11.8 12.3 9.3 11.6 9.4 12.1 11.5 8.3 10.3 14.3 14.7 15.0 15.9
Total debt 0.0 0.0 8.2 24.3 20.1 20.8 24.0 19.9 15.8 14.5 14.2 16.0 15.5 15.2 17.0
Net debt (negative = net cash) −1.3 −2.3 −3.6 12.0 10.8 9.2 14.6 7.7 4.3 6.2 3.9 1.7 0.8 0.2 1.1
Diluted shares 705m 705m 758m 836m 832m 800m 747m 674m 591m 569m 483m 424m 401m 374m 340m
Returned to shareholders
Dividends — — 0.0 0.0 0.2 0.4 0.5 0.6 0.5 0.5 0.4 0.4 0.4 0.4 0.4
Buybacks — — 0.0 0.0 0.5 1.5 1.9 3.6 1.0 2.9 3.3 1.1 1.0 2.9 3.8
Total returned — — 0.0 0.0 0.7 1.9 2.4 4.2 1.5 3.4 3.8 1.5 1.4 3.4 4.3

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$3.8B
Dividends (TTM)
$420M
Returned to shareholders
47%
of free cash flow
Buybacks, last 3 fiscal years
$5.1B
Diluted share count
−11.3%
year over year
Total shareholder yield
17.8%
dividends 1.8% + buybacks 16.1% of market value
Dividend payout ratio
13%
of net income paid out

Competitors: side by side with peers

Closest by revenue in consumer finance
Last 12 months unless stated SYF ALLY COF OMF AXP UPBD Median
Revenue, last 12 months $19.3bn $8.8bn $62.0bn $5.2bn $77.6bn $4.7bn $1.6bn
Revenue growth, last 12 months 2.6% 13.1% 45.3% 8.8% 10.2% 3.2% 10.4%
Revenue growth, 3-year average 4.6% 1.9% 20.1% 7.1% 9.6% 6.0% 11.3%
Revenue growth, latest quarter 1.4% 7.6% 26.9% 10.0% 8.9% −1.6% 10.6%
Operating margin — — — — 20.5% 5.5% 11.2%
Net margin 17.3% 16.8% 17.0% 14.7% 15.8% 2.4% 10.5%
Cash from operations / revenue 49.5% 56.1% 50.7% 61.7% 22.7% 10.6% 22.7%
Free-cash-flow margin 46.5% 39.0% 47.9% 55.9% 17.9% 9.2% 18.4%
Free-cash-flow margin, 3-year average 48.0% 33.9% 50.0% 55.4% 21.8% 4.8% 23.6%
Stock pay / revenue — 1.7% 1.1% 0.7% 0.8% 0.5% 1.3%
Change in share count −11.3% 0.2% 52.1% −2.5% −2.5% 1.2% −0.8%

Median of all 39 companies we cover in consumer finance. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

39 consumer finance companies
Measure Company Peer median Rank
Revenue growth Growth 2.6% 10.4% 30 of 39
Change in growth rate Growth -0.3pp +0.6pp 21 of 38
Net margin Profitability 17.3% 10.5% 8 of 39
Change in share count Balance sheet -11.3% -0.0% 3 of 38

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$26.2B
Institutions reporting
999
Shares held vs prior quarter
▼ 0.6%
Positions opened / closed
109 / 69

Top buyers and sellers, Q2 2026: 513 institutions bought and 416 sold ; the biggest buyer was Harris Associates L P (+2.8M shares) and the biggest seller Capital World Investors (−14.9M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $2.3B 30.9M 9.0% ▲ 1.4%
Vanguard Capital Management LLC $1.7B 22.0M 6.4% ▼ 2.6%
Capital World Investors $1.4B 18.9M 5.5% ▼ 44.0%
Vanguard Portfolio Management LLC $1.4B 18.1M 5.2% ▼ 2.2%
State Street Corp $1.3B 17.7M 5.1% 0.0%
Bank Of America Corp $1.1B 14.8M 4.3% ▼ 8.1%
Goldman Sachs Group Inc $768M 10.1M 2.9% ▲ 5.2%
Geode Capital Management, LLC $760M 9.9M 2.9% ▼ 1.0%
First Trust Advisors LP $585M 7.7M 2.2% ▲ 44.2%
PAR Capital Management Inc $579M 7.6M 2.2% 0.0%
Harris Associates L P $566M 7.4M 2.2% ▲ 59.8%
Dimensional Fund Advisors LP $476M 6.3M 1.8% ▲ 3.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Synchrony Financial's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $47.7M 32 trades by 10 insiders · 100% under pre-set plans
Net ▼ $47.7M net selling
Insider Date Trade Shares Price Value
Casellas Alberto See remarks August 13, 2026 Sell pre-set plan 5,456 $80.00 $436,480
Coviello Arthur W Jr Director August 3, 2026 Sell pre-set plan 4,000 $77.17 $308,680
Gentleman Courtney See remarks August 3, 2026 Sell pre-set plan 721 $76.73 $55,322
Owens Darrell See remarks August 3, 2026 Sell pre-set plan 610 $76.73 $46,805
Mothner Jonathan S See remarks May 15, 2026 Sell pre-set plan 11,258 $71.23 $801,907
Mothner Jonathan S See remarks May 15, 2026 Sell pre-set plan 40,000 $71.23 $2.8M
Casellas Alberto See remarks May 1, 2026 Sell pre-set plan 5,794 $76.55 $443,531
Coviello Arthur W Jr Director May 1, 2026 Sell pre-set plan 4,000 $76.55 $306,200
Howse Curtis See remarks May 1, 2026 Sell pre-set plan 8,436 $76.55 $645,776
Wenzel Brian J. Sr. See remarks March 3, 2026 Sell pre-set plan 47,112 $67.16 $3.2M
Doubles Brian D See remarks March 2, 2026 Sell pre-set plan 28,449 $67.96 $1.9M
Doubles Brian D See remarks March 2, 2026 Sell pre-set plan 39,105 $68.52 $2.7M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 41 trades and filings

In the last 12 months, 1 member of Congress disclosed 0 purchases and 1 sale of Synchrony Financial shares.

  • Josh Gottheimer(D-NJ 5):Sale (full), $15,001 - $50,000, traded April 9, 2026, filed May 19, 2026
  • Julia Letlow(R-LA 5):Purchase, $1,001 - $15,000, traded July 2, 2025, filed January 13, 2026
  • Daniel S. Goldman(D-NY 10):Sale (partial), $1,001 - $15,000, traded April 10, 2023, filed May 19, 2023

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 12, 2027 estimated from the company's past filing pattern, not announced

  • October 20, 2026
  • August 17, 2026
  • July 21, 2026
  • April 21, 2026
  • January 27, 2026
  • October 15, 2025

Recent SEC filings

Data status

When each part of this page on Synchrony Financial was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Synchrony Financial in brief

What does Synchrony Financial do?
Synchrony Financial is a US-listed company in the consumer finance industry. Its financial year ends in December.
What is Synchrony Financial's stock ticker?
Synchrony Financial trades under the ticker SYF on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Synchrony Financial's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Synchrony Financial reported revenue of $19.3B, 2.6% higher than a year earlier, according to its SEC filings.
What is Synchrony Financial's free cash flow?
Synchrony Financial's free-cash-flow margin is 46.5% of revenue over the trailing twelve months.
Who are Synchrony Financial's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Capital World Investors. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Synchrony Financial buying back stock, and does it pay a dividend?
Synchrony Financial spent $3.8B on share repurchases over the trailing twelve months, and its diluted share count fell 11.3% over the year.
What is Synchrony Financial's market cap?
On November 2, 2026, Synchrony Financial's market capitalisation was about $26.1B, with a price-to-earnings ratio of 7.8 and net debt of $1.1B. Market figures come from third-party market data and may be delayed.
Does Synchrony Financial pay a dividend?
Yes: Synchrony Financial paid $420M in dividends over the trailing twelve months, a dividend yield of 1.76% and a payout ratio of 12.6%.
Who are Synchrony Financial's competitors?
In our Consumer Finance peer group, the companies closest to Synchrony Financial are Ally Financial Inc., Capital One, Onemain Holdings, Inc., American Express and Upbound Group, Inc. The side-by-side comparison below sets their revenue, margins and growth against Synchrony Financial's.
Are insiders buying or selling Synchrony Financial stock?
Over the last 12 months, Synchrony Financial's directors and officers reported 0 open-market purchases and 32 sales on Form 4. The insider trading page charts every trade.
When is Synchrony Financial's next earnings date?
Around January 12, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Synchrony Financial announces its own schedule.