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SYF-PA

Synchrony Financial

SYF-PA

Synchrony Financial • NYSE
$19.60 ▼ -0.46% (-0.09)
Market Cap $7.43 B
52w High $21.00
52w Low $16.19
Dividend Yield 1.41%
P/E 2.65
Volume 17.06K
Outstanding Shares 379.25M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $4.834B ▲ $1.248B ▲ $1.077B ▲ 22.28% ▲ $2.89 ▲ $1.557B ▲
Q2-2025 $4.712B ▼ $1.245B ▲ $967M ▲ 20.522% ▲ $2.51 ▲ $1.378B ▲
Q1-2025 $4.804B ▼ $1.243B ▼ $757M ▼ 15.758% ▲ $1.91 ▼ $1.109B ▲
Q4-2024 $4.919B ▼ $1.267B ▲ $774M ▼ 15.735% ▼ $1.93 ▼ $1.093B ▼
Q3-2024 $4.99B $1.189B $789M 15.812% $1.96 $1.149B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $18.961B ▼ $116.984B ▼ $99.919B ▼ $17.065B ▲
Q2-2025 $22.362B ▼ $120.505B ▼ $103.553B ▼ $16.952B ▲
Q1-2025 $24.353B ▲ $122.026B ▲ $105.445B ▲ $16.581B ▲
Q4-2024 $17.79B ▼ $119.463B ▲ $102.883B ▼ $16.58B ▲
Q3-2024 $20.279B $119.229B $103.249B $15.98B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $1.077B ▲ $2.637B ▲ $-1.574B ▲ $-4.955B ▼ $-3.892B ▼ $2.637B ▲
Q2-2025 $967M ▲ $2.56B ▲ $-2.241B ▼ $-2.817B ▼ $-2.498B ▼ $2.56B ▲
Q1-2025 $757M ▼ $2.2B ▼ $3.603B ▲ $2.119B ▲ $7.922B ▲ $2.2B ▼
Q4-2024 $774M ▼ $2.353B ▼ $-4.963B ▼ $-617M ▲ $-3.226B ▼ $2.353B ▼
Q3-2024 $789M $2.763B $-2.231B $-1.231B $-699M $2.763B

Five-Year Company Overview

Income Statement

Income Statement Synchrony’s earnings profile looks solid and fairly resilient for a consumer‑credit lender. Revenue has climbed meaningfully over the last several years, with especially strong growth in the most recent period. Profitability dipped a bit in the middle of the period as credit costs and the economic environment shifted, but margins have recovered well and are now quite healthy. Overall, the business appears to convert a good portion of its revenue into operating profit and net income, though results will always move with the credit cycle.

Balance Sheet

Balance Sheet The balance sheet shows a steadily growing asset base, supported by rising equity and a stable level of debt. Cash and liquid resources have increased over time, which helps provide a cushion against credit losses and funding stress. Leverage looks controlled rather than excessive for a specialized lender, suggesting room to absorb normal swings in the consumer environment. The capital position appears to have strengthened rather than weakened in recent years.

Cash Flow

Cash Flow Cash generation is a clear bright spot. Operating cash flow has been consistently strong and has grown alongside the business, comfortably covering the company’s needs. Because this is a financial firm with limited physical investment needs, free cash flow closely tracks operating cash flow and remains robust. That gives Synchrony flexibility to manage credit cycles, support growth initiatives, and service its financing obligations.

Competitive Edge

Competitive Edge Synchrony holds a strong niche in private‑label and co‑branded credit, anchored by deep, long‑term relationships with large retailers and platforms. Its financing is often embedded directly into partners’ checkout flows, which makes it hard for competitors to displace and keeps Synchrony close to the end customer. A broad product set—from store cards to healthcare and point‑of‑sale installment loans—helps diversify revenue and customer segments. The main pressures come from big banks, card networks, and newer fintech and “buy now, pay later” players, as well as the inherent sensitivity to consumer credit quality and spending trends.

Innovation and R&D

Innovation and R&D The company is clearly leaning into technology as a core differentiator rather than treating it as support plumbing. It uses advanced data analytics and AI‑driven underwriting to speed decisions, tailor offers, and manage risk, supported by a modern big‑data infrastructure. Synchrony augments this with targeted acquisitions, venture investments in fintech startups, and university partnerships to stay close to emerging tools like generative AI and new payment experiences. Its focus on embedded finance, digital wallets, and a largely “walletless” future suggests it is actively positioning for how consumers are likely to shop and borrow over the next decade.

Summary

Putting it together, Synchrony combines solid profitability, strong cash generation, and a strengthening capital base with a clear technology‑driven strategy. The business is well entrenched with major partners and has broadened beyond traditional store cards into healthcare and point‑of‑sale financing, which can support growth and diversification. At the same time, results will remain sensitive to the credit cycle, consumer health, regulation, and intense competition from both incumbents and fintechs. For holders of securities tied to Synchrony, the key variables to watch are credit performance, funding conditions, and the company’s ability to keep its digital and data capabilities ahead of rivals.