Synchrony Financial - Understand $syf stock

$SYF Market Cap: $26.02 Billion

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Financial Snapshot

Revenue

Gross Margin

Net Earnings

$3.133B

TTM

Current Assets

Current Liabilities

$5.333B

Q3 2024

Current Ratio

Total Assets

$119.2B

Q3 2024

Total Liabilities

$103.2B

Q3 2024

Book Value

$15.98B

Q3 2024

Cash

$17.93B

Q3 2024

P/E

8.304

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue
YoY Change

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$458.0M	$419.0M	$390.0M	$383.0M	$367.0M	$302.0M	$254.0M	$219.0M	$174.0M	$131.0M	$104.0M	$83.00M	$96.00M
YoY Change	9.31%	7.44%	1.83%	4.36%	21.52%	18.9%	15.98%	25.86%	32.82%	25.96%	25.3%	-13.54%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	$3.711B	$1.521B	$1.032B	$1.665B	$2.291B	$1.870B	$1.391B	$1.248B	$1.135B	$922.0M	$742.0M	$745.0M
YoY Change	143.98%	47.38%	-38.02%	-27.32%	22.51%	34.44%	11.46%	9.96%	23.1%	24.26%	-0.4%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Pretax Income	$2.904B	$3.962B	$5.503B	$1.797B	$4.887B	$3.644B	$3.324B	$3.570B	$3.531B	$3.386B	$3.142B	$3.376B	$3.010B	$2.029B	$695.0M
YoY Change	-26.7%	-28.0%	206.23%	-63.23%	34.11%	9.63%	-6.89%	1.1%	4.28%	7.77%	-6.93%	12.16%	48.35%	191.94%
Income Tax	$666.0M	$946.0M	$1.282B	$412.0M	$1.140B	$854.0M	$1.389B	$1.319B	$1.317B	$1.277B	$1.163B	$1.257B	$1.120B	$760.0M	$294.0M
% Of Pretax Income	22.93%	23.88%	23.3%	22.93%	23.33%	23.44%	41.79%	36.95%	37.3%	37.71%	37.01%	37.23%	37.21%	37.46%	42.3%
Net Earnings	$2.196B	$2.974B	$4.221B	$1.385B	$3.747B	$2.790B	$1.935B	$2.251B	$2.214B	$2.109B	$1.979B	$2.119B	$1.890B	$1.269B	$401.0M
YoY Change	-26.16%	-29.54%	204.77%	-63.04%	34.3%	44.19%	-14.04%	1.67%	4.98%	6.57%	-6.61%	12.12%	48.94%	216.46%
Net Earnings / Revenue
Basic Earnings Per Share	$5.21	$6.19	$7.40	$2.28	$5.59	$3.76	$2.43	$2.71	$2.66	$2.78	$2.81	$3.00
Diluted Earnings Per Share	$5.19	$6.152M	$7.34	$2.27	$5.56	$3.74	$2.42	$2.71	$2.65	$2.78	$2.81	$3.00	$2.277M	$1.529M	$483.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$256.0M										$0.00	$0.00	$0.00	$1.847B	$3.092B
YoY Change													-100.0%	-40.27%
Total Long-Term Assets
YoY Change
Total Assets	$117.5B	$104.6B	$95.75B	$95.95B	$104.8B	$106.8B	$95.81B	$90.21B	$83.99B	$75.71B	$59.09B	$53.46B	$50.12B	$50.65B	$40.68B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$6.334B	$5.765B	$5.316B	$4.690B	$4.718B	$4.099B	$4.287B	$3.809B	$3.740B	$2.814B	$3.085B	$2.261B	$2.065B	$1.600B	$6.192B
YoY Change	9.87%	8.45%	13.35%	-0.59%	15.1%	-4.39%	12.55%	1.84%	32.91%	-8.78%	36.44%	9.49%	29.06%	-74.16%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$6.334B	$5.765B	$5.316B	$4.690B	$4.718B	$4.099B	$4.287B	$3.809B	$3.740B	$2.814B	$3.085B	$2.261B	$2.065B	$1.600B	$6.192B
YoY Change	9.87%	8.45%	13.35%	-0.59%	15.1%	-4.39%	12.55%	1.84%	32.91%	-8.78%	36.44%	9.49%	29.06%	-74.16%
Long-Term Debt	$15.98B	$14.19B	$14.51B	$15.78B	$19.87B	$24.00B	$20.80B	$20.15B	$24.28B	$27.46B	$24.32B	$27.82B	$25.89B	$30.94B	$18.07B
YoY Change	12.62%	-2.18%	-8.04%	-20.59%	-17.21%	15.37%	3.24%	-17.02%	-11.58%	12.91%	-12.56%	7.44%	-16.31%	71.21%
Other Long-Term Liabilities	$107.0M										$0.00	$0.00	$0.00	$13.00M	$6.000M
YoY Change													-100.0%	116.67%
Total Long-Term Liabilities	$16.09B	$14.19B	$14.51B	$15.78B	$19.87B	$24.00B	$20.80B	$20.15B	$24.28B	$27.46B	$24.32B	$27.82B	$25.89B	$30.95B	$18.08B
YoY Change	13.37%	-2.18%	-8.04%	-20.59%	-17.21%	15.37%	3.24%	-17.02%	-11.58%	12.91%	-12.56%	7.44%	-16.35%	71.23%
Total Liabilities	$103.6B	$91.69B	$82.09B	$83.25B	$89.74B	$92.11B	$81.57B	$76.01B	$71.39B	$65.23B	$53.13B	$48.88B	$45.79B	$46.35B	$35.88B
YoY Change	12.96%	11.69%	-1.39%	-7.23%	-2.58%	12.92%	7.32%	6.48%	9.44%	22.78%	8.68%	6.76%	-1.21%	29.19%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	421.2M shares	480.4M shares	564.6M shares	589.0M shares	670.2M shares	742.3M shares	795.6M shares	829.2M shares	833.8M shares	757.4M shares	705.3M shares	705.3M shares
Diluted Shares Outstanding	423.5M shares	483.4M shares	569.3M shares	590.8M shares	673.5M shares	746.9M shares	799.7M shares	831.5M shares	835.5M shares	757.6M shares	705.3M shares	705.3M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $26.016 Billion

About Synchrony Financial

Synchrony Financial engages in the provision of consumer financial services. The company is headquartered in Stamford, Connecticut and currently employs 20,000 full-time employees. The company went IPO on 2014-07-31. The firm provides a range of credit products through financing programs it has established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The firm primarily offers private label, dual card, co-brand, and general-purpose credit cards, as well as short- and long-term installment loans, and savings products through Synchrony Bank (the Bank). The company primarily manages its credit products through five sales platforms (Home & Auto, Digital, Diversified & Value, Health & Wellness and Lifestyle). The Bank offers directly to retail, affinity relationships and commercial customers, a range of deposit products, including certificates of deposit, individual retirement accounts (IRAs), money market accounts, savings accounts and sweep and affinity deposits.

Industry: Finance Services Peers: Ally Financial Inc. AMERICAN EXPRESS CO CAPITAL ONE FINANCIAL CORP CREDIT ACCEPTANCE CORP Discover Financial Services FirstCash Holdings, Inc. OneMain Holdings, Inc. SoFi Technologies, Inc.