Synchrony Financial issues private-label and co-branded credit cards on behalf of retailers, healthcare providers, and other partners. Customers use these cards to finance purchases at specific merchants — ranging from everyday retail to big-ticket items like furniture or appliances — and elective healthcare procedures through its CareCredit product. Synchrony makes money by charging interest and fees on the credit balances carried by cardholders, and by charging partner merchants fees for the financing arrangements. Partners benefit by outsourcing the credit function while driving sales; Synchrony bears the credit risk.
Employees20,000IPOJul 31, 2014SIC6159HQ777 Long Ridge Road, Stamford, CT, USA, 06902
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Financials
Profitability
Metric
Current
Margins
Gross Margin
—
Operating Margin
—
EBITDA Margin
—
Net Margin
23.4%
OCF Margin
64.5%
FCF Margin
64.5%
Returns on Capital
ROE
20.9%
ROA
2.9%
ROIC
—
ROCE
0.0%
ROC (Greenblatt)
0.0%
3Y ROIIC
0.0%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
7.55
Forward P/E
7.86
P/E ex-NRI
7.55
Shiller P/E (CAPE)
11.23
Cash Flow Multiples
P/FCF
2.65
P/OCF
2.65
P/Owner Earnings
—
FCF Yield
40.43%
Enterprise Value Multiples
EV / EBIT
—
EV / Forward EBIT
—
EV / EBITDA
—
EV / Forward EBITDA
—
EV / Revenue
1.83
EV / Forward Revenue
2.45
Asset / Sales
P/S
1.72
P/B
1.57
P/Tangible Book
1.76
Growth-Adjusted
PEG
0.45
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
1.69%
Forward Dividend Yield
1.85%
3Y Dividend Growth
8.5%
Payout Ratio
0.12
5Y Yield on Cost
1.98%
Buybacks & Dilution
3Y Buyback Ratio
7.40%
5Y Share Change
−36.7%
Combined
Shareholder Yield
18.66%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
0.97
Gross Debt / EBITDA
—
Cash / Debt
0.99
Equity / Assets
0.14
Coverage
Interest Coverage
—
Short-Term Liquidity
Current Ratio
0.00
Quick Ratio
0.00
Cash Ratio
0.00
Composite Scores
Piotroski F-Score
6
Altman Z-Score
—
Split History
Date
Split
No split history found.
Ex-date
Amount
Pay date
2026-05-05
$0.3
2026-05-15
2026-02-06
$0.3
2026-02-17
2025-11-05
$0.3
2025-11-17
2025-08-05
$0.3
2025-08-15
2025-05-05
$0.3
2025-05-15
2025-02-03
$0.25
2025-02-18
2024-11-04
$0.25
2024-11-15
2024-08-05
$0.25
2024-08-15
2024-05-03
$0.25
2024-05-15
2024-02-02
$0.25
2024-02-15
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View allDate
Transcript
Type
2026-06-24
Synchrony Financial Annual Shareholders Meeting Transcript
Shareholders and Annual Meetings
2026-06-09
Synchrony Financial at Morgan Stanley US Financials Conference Transcript
Conference Presentations
2026-04-21
Q1 2026 Synchrony Financial Earnings Call Transcript
Earnings Call
2026-03-10
Synchrony Financial at RBC Capital Markets Global Financial Institutions Conference Transcript
Conference Presentations
2026-01-27
Q4 2025 Synchrony Financial Earnings Call Transcript
Earnings Call
2025-12-09
Synchrony Financial at Goldman Sachs U.S. Financial Services Conference Transcript
Conference Presentations
2025-10-15
Q3 2025 Synchrony Financial Earnings Call Transcript
Earnings Call
2025-07-22
Q2 2025 Synchrony Financial Earnings Call Transcript
Earnings Call
2025-04-22
Q1 2025 Synchrony Financial Earnings Call Transcript
Earnings Call
2025-01-28
Q4 2024 Synchrony Financial Earnings Call Transcript
Earnings Call
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5-Step DuPont Analysis
ROE %
20.79%
×
×
Net Margin %
23.40%
×
×
Operating Margin %
—
Operating Income
—
÷
Revenue
$15.03B
×
Tax Burden
0.7625
Net Income
$3.52B
÷
Pretax Income
$4.61B
×
Interest Burden
—
Pretax Income
$4.61B
÷
Operating Income
—
×
Asset Turnover
0.12
÷
Revenue
$15.03B
÷
Average Total Assets
$121.22B
Begin Total Assets
$120.50B
End Total Assets
$121.93B
×
Equity Multiplier
7.16
÷
Avg Total Assets
$121.22B
÷
Avg Stockholders Equity
$16.92B
Begin Equity
$16.95B
End Equity
$16.90B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| BlackRock, Inc. | 30.9M | 8.89% | +414.4K | $2.35B |
| VANGUARD CAPITAL MANAGEMENT LLC | 22.0M | 6.33% | -583.9K | $1.67B |
| Capital World Investors | 18.9M | 5.44% | -14.9M | $1.44B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 18.1M | 5.20% | -414.7K | $1.38B |
| STATE STREET CORP | 17.7M | 5.10% | +8.6K | $1.35B |
| BANK OF AMERICA CORP /DE/ | 14.8M | 4.25% | -1.3M | $1.12B |
| GOLDMAN SACHS GROUP INC | 10.1M | 2.90% | +498.9K | $767.60M |
| GEODE CAPITAL MANAGEMENT, LLC | 9.9M | 2.83% | -95.0K | $759.57M |
| FIRST TRUST ADVISORS LP | 7.7M | 2.21% | +2.4M | $585.45M |
| PAR CAPITAL MANAGEMENT INC | 7.6M | 2.19% | 0 | $578.90M |
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View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| DOUBLES BRIAN DOfficer | 828.9K | 0.2385% | $61.07M |
| MOTHNER JONATHAN SOfficer | 132.9K | 0.0382% | $9.79M |
| Howse CurtisOfficer | 86.8K | 0.0250% | $6.40M |
| NAYLOR JEFFREY GDirector | 66.9K | 0.0192% | $4.93M |
| Wenzel Brian J. Sr.Officer | 64.8K | 0.0186% | $4.77M |
| Alves Paget LeonardDirector | 53.4K | 0.0154% | $3.93M |
| Richie LaurelDirector | 52.7K | 0.0152% | $3.88M |
| Juel CarolOfficer | 51.9K | 0.0149% | $3.82M |
| GUTHRIE ROY ADirector | 51.7K | 0.0149% | $3.81M |
| Casellas AlbertoOfficer | 50.7K | 0.0146% | $3.73M |
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View allRecent insider activity
through Sep 30, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| Chytil Kamila KDirector | Grant/Award (Rule 16b-3(d)) | +846 | $60.0K | Sep 30, 2026 |
| Richie LaurelDirector | Grant/Award (Rule 16b-3(d)) | +846 | $60.0K | Sep 30, 2026 |
| COLAO DANIEL ODirector | Grant/Award (Rule 16b-3(d)) | +846 | $60.0K | Sep 30, 2026 |
| Parker P.W.Director | Grant/Award (Rule 16b-3(d)) | +846 | $60.0K | Sep 30, 2026 |
| Zane Ellen MDirector | Grant/Award (Rule 16b-3(d)) | +846 | $60.0K | Sep 30, 2026 |
| Alves Paget LeonardDirector | Grant/Award (Rule 16b-3(d)) | +846 | $60.0K | Sep 30, 2026 |
| AGUIRRE FERNANDODirector | Grant/Award (Rule 16b-3(d)) | +846 | $60.0K | Sep 30, 2026 |
| COVIELLO ARTHUR W JRDirector | Grant/Award (Rule 16b-3(d)) | +846 | $60.0K | Sep 30, 2026 |
| ELLINGER DEBORAH GDirector | Grant/Award (Rule 16b-3(d)) | +846 | $60.0K | Sep 30, 2026 |
| NAYLOR JEFFREY GDirector | Grant/Award (Rule 16b-3(d)) | +1.3K | $91.3K | Sep 30, 2026 |
10 of 1,985
View all