SYF
Synchrony Financial
SYF's fundamentals are mixed: revenue grew only 2.6%, but its operating margin fell 2 points to 23%. At 7.5x earnings, it's trading in line with its usual 7.0x. Analysts expect earnings growth.
SYF Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
SYF's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like SYF.
SYF PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.2x | $49.53 | -31% |
| Fair | 7x | $67.12 | -6.3% |
| Forward | 7.2x | $71.66 | — |
| Current | 7.5x | $71.66 | — |
| Expensive | 8.9x | $85.17 | +19% |
Historical ranges are pointers, not guarantees.
SYF's PE is in its fair range at 7.5x. If earnings grow as analysts expect, today's price would be 7.2x next year's earnings.
SYF Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect SYF's earnings to grow and its profitability to improve, with its revenue holding steady.
SYF Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $10.02 | +4.7% |
| Q3 2026 | $9.57 | +4.4% |
| Q2 2026 | $9.75 | +18% |
| Q1 2026 | $9.66 | +32% |
| Q4 2025 | $9.28 | +8.5% |
| Q3 2025 | $9.17 | +20% |
| Q2 2025 | $8.25 | +14% |
| Q1 2025 | $7.30 | +4.6% |
| Q4 2024 | $8.55 | +65% |
SYF's earnings per share have climbed steadily: $9.57 over the past year, up 4.4% from the year before, and higher year over year for 11 quarters in a row.
SYF Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.9B | +1.4% |
| Q2 2026 | $4.7B | +2.3% |
| Q1 2026 | $4.8B | +3.4% |
| Q4 2025 | $4.9B | +3.5% |
| Q3 2025 | $4.8B | +2.5% |
| Q2 2025 | $4.6B | +2.6% |
| Q1 2025 | $4.6B | -17% |
| Q4 2024 | $4.7B | +4% |
SYF's revenue grew through 2024 and has held roughly level since: $4.9B last quarter, up 1.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 24% | -5.4 points |
| Q2 2026 | 25% | -2.1 points |
| Q1 2026 | 22% | +0.6 points |
| Q4 2025 | 19% | -1.1 points |
| Q3 2025 | 29% | +7.7 points |
| Q2 2025 | 27% | +8.4 points |
| Q1 2025 | 21% | -9.4 points |
| Q4 2024 | 21% | +8.7 points |
SYF's operating margin was 24% last quarter, down 5.4 points from the same quarter a year ago.
SYF Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.5B | -5.3% |
| Q2 2026 | $2.4B | -5.5% |
| Q1 2026 | $2.2B | -0.8% |
| Q4 2025 | $2.5B | +4.3% |
| Q3 2025 | $2.6B | -4.6% |
| Q2 2025 | $2.6B | +3.1% |
| Q1 2025 | $2.2B | -2.1% |
| Q4 2024 | $2.4B | +1.6% |
SYF's free cash flow was $9.6B over the past year, down 2% from the year before. Free cash flow isn't a meaningful measure for financial services companies like SYF.
SYF Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.5% | -11.7M shares |
| 1 year | -13% | -47.5M shares |
| 3 years | -23% | -96M shares |
| 5 years | -43% | -243M shares |
| Available history | -52% | -351M shares |
SYF has 322M diluted shares, down 13% from a year ago, with $3.8B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $878M |
| Q1 2026 | $900M |
| Q4 2025 | $962M |
| Q3 2025 | $870M |
| Q2 2025 | $504M |
| Q1 2025 | $605M |
| Q4 2024 | $101M |
SYF spent $3.8B buying back its own shares over the past year, up 85% from the year before.
SYF Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.8x | Net Cash |
| Q4 2025 | 0.0x | Very low |
| Q3 2025 | -0.4x | Net Cash |
| Q2 2025 | -0.7x | Net Cash |
| Q1 2025 | -1.1x | Net Cash |
| Q4 2024 | 0.2x | Very low |
SYF's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for financial services companies like SYF.
SYF Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.1 | Neutral |
| Stochastic | 33.4 | Neutral |
SYF's weekly RSI is 44 (neutral) and its Stochastic is 33 (neutral).
SYF PE vs Financial Services Sector
| Metric | SYF | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 13x | 42% below |
| PE % | 58 | 63 | 5 pts below |
SYF is trading at 7.5x earnings, a 42% discount to the Financial Services sector's median of 13x.
SYF Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $73.2 | 2.1% below |
| 20 week MA | $75.2 | 4.8% below |
| 50 week MA | $75.0 | 4.4% below |
| 100 week MA | $70.1 | 2.2% above |
| 200 week MA | $55.1 | 30% above |
SYF has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 30% above its 200-week average.
SYF Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.3 | $34.0 | -6.4% |
| 2021 | $34.0 | $46.2 | +36% |
| 2022 | $46.2 | $32.8 | -29% |
| 2023 | $32.8 | $38.2 | +17% |
| 2024 | $38.2 | $65.9 | +73% |
| 2025 | $65.9 | $86.0 | +30% |
| 2026 YTD | $86.0 | $71.7 | -17% |
SYF has finished higher in four of the last six years. It's down 17% so far in 2026.