Synchrony Financial (SYF) Key Metrics
SYF valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $23.97B
- Enterprise value
- $25.93B
- P/E (TTM)
- 7.5 10-yr median 7.2
- Forward P/E
- 6.7
- PEG ratio
- 0.88
- Price / sales
- 2.4 10-yr median 1.6
- Price / book
- 1.5 10-yr median 1.6
- EV / EBITDA
- — 10-yr median 6.4
- Dividend yield
- 1.85% $1.36 a year
- Beta
- 1.34
SYF key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSYF valuation Price multiples at each fiscal year-end price.
SYF returns How much profit the business earns on the capital it uses.
SYF per-share figures Results divided by the shares outstanding at year-end.
SYF financial health Debt, liquidity and how easily interest is covered.
SYF efficiency & capital use Working capital cycle and where the cash goes.
SYF valuation history
SYF returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SYF debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SYF cash returned to shareholders
SYF price vs earnings per share
SYF key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $29.85B | $26.04B | $15.54B | $15.88B | $24.44B | $20.27B | $24.25B | $17.52B | $30.88B | $30.16B |
| Enterprise value | $27.72B | $23.71B | $17.26B | $27.18B | $25.83B | $21.88B | $36.18B | $26.06B | $40.07B | $40.98B |
| P/E ratio | 8.4 | 7.4 | 6.9 | 5.3 | 5.8 | 14.6 | 6.5 | 6.3 | 16.0 | 13.4 |
| Price / sales | 1.6 | 1.3 | 0.9 | 1.2 | 2.2 | 1.6 | 1.6 | 1.2 | 2.2 | 2.5 |
| Price / book | 1.8 | 1.6 | 1.1 | 1.2 | 1.8 | 1.6 | 1.6 | 1.2 | 2.2 | 2.1 |
| Price / free cash flow | 3.0 | 2.6 | 1.8 | 2.4 | 3.4 | 2.7 | 2.7 | 1.9 | 3.5 | 4.4 |
| Price / operating cash flow | 3.0 | 2.6 | 1.8 | 2.4 | 3.4 | 2.7 | 2.7 | 1.9 | 3.5 | 4.4 |
| EV / sales | 1.4 | 1.1 | 1.0 | 2.1 | 2.3 | 1.7 | 2.3 | 1.7 | 2.9 | 3.4 |
| EV / EBITDA | 5.4 | 4.7 | 5.1 | 6.2 | 4.4 | 10.0 | 6.9 | 6.6 | 11.2 | 10.8 |
| EV / free cash flow | 2.8 | 2.4 | 2.0 | 4.1 | 3.6 | 2.9 | 4.0 | 2.8 | 4.5 | 6.0 |
| Earnings yield | 11.9% | 13.4% | 14.4% | 19.0% | 17.3% | 6.8% | 15.4% | 15.9% | 6.3% | 7.5% |
| Free cash flow yield | 33.0% | 37.8% | 55.3% | 42.1% | 29.0% | 36.9% | 37.1% | 53.3% | 28.9% | 22.6% |
| Dividend yield | 1.7% | 1.8% | 2.9% | 3.0% | 2.2% | 2.8% | 2.4% | 3.0% | 1.4% | 0.7% |
| Shareholder yield (dividends + buybacks) | 11.6% | 5.7% | 10.0% | 23.9% | 14.0% | 7.6% | 17.3% | 13.7% | 6.3% | 2.3% |
| Share price at fiscal year-end | $83.43 | $65.00 | $38.19 | $32.86 | $46.39 | $34.71 | $36.01 | $23.46 | $38.61 | $36.27 |
| Per share | ||||||||||
| Revenue per share | $53.42 | $51.82 | $42.61 | $27.30 | $21.30 | $21.96 | $23.17 | $20.29 | $17.20 | $14.70 |
| Earnings per share | $9.93 | $8.73 | $5.50 | $6.24 | $8.01 | $2.37 | $5.56 | $3.74 | $2.42 | $2.71 |
| Operating cash flow per share | $27.53 | $24.58 | $21.12 | $13.85 | $13.47 | $12.82 | $13.35 | $12.51 | $11.15 | $8.21 |
| Free cash flow per share | $27.53 | $24.58 | $21.12 | $13.85 | $13.47 | $12.82 | $13.35 | $12.51 | $11.15 | $8.21 |
| Cash per share | $48.40 | $44.41 | $35.05 | $21.13 | $25.85 | $32.52 | $18.04 | $20.70 | $14.51 | $11.21 |
| Book value per share | $46.85 | $41.39 | $34.17 | $26.63 | $25.92 | $21.75 | $22.40 | $19.65 | $17.80 | $17.07 |
| Tangible book value per share | $39.54 | $36.08 | $29.67 | $21.68 | $21.60 | $17.98 | $18.92 | $16.76 | $15.62 | $15.08 |
| Dividends per share | $1.43 | $1.17 | $1.10 | $0.98 | $1.03 | $0.96 | $0.86 | $0.71 | $0.56 | $0.26 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $42.43 | $38.60 | $39.28 | $44.49 | $28.49 | $35.27 | $35.74 | $32.13 | $26.01 | $24.23 |
| Shares outstanding | 357.8M | 400.6M | 406.9M | 483.4M | 526.8M | 584.0M | 673.5M | 746.9M | 799.7M | 831.5M |
| Change in shares outstanding | −10.7% | −1.5% | −15.8% | −8.2% | −9.8% | −13.3% | −9.8% | −6.6% | −3.8% | −0.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 21.3% | 23.0% | 16.7% | 22.7% | 32.0% | 10.0% | 25.2% | 19.3% | 13.6% | 16.8% |
| Return on invested capital (ROIC) | 24.6% | 23.4% | 11.2% | 15.4% | 28.8% | 6.7% | 14.9% | 12.0% | 8.0% | 8.4% |
| Return on assets (ROA) | 3.0% | 3.0% | 2.0% | 3.0% | 4.4% | 1.4% | 3.5% | 2.8% | 2.1% | 2.6% |
| Return on tangible assets | 3.0% | 3.0% | 1.9% | 3.0% | 4.5% | 1.5% | 3.7% | 2.7% | 2.1% | 2.5% |
| Free cash flow margin | 51.5% | 47.4% | 49.6% | 50.7% | 63.2% | 58.4% | 57.6% | 61.6% | 64.8% | 55.8% |
| Income quality (OCF / net income) | 2.77 | 2.81 | 3.84 | 2.22 | 1.68 | 5.41 | 2.40 | 3.35 | 4.61 | 3.03 |
| Financial health | ||||||||||
| Total debt | $15.18B | $15.46B | $15.98B | $21.51B | $15.01B | $20.60B | $24.07B | $24.00B | $20.80B | $20.15B |
| Cash & short-term investments | $17.32B | $17.79B | $14.26B | $10.21B | $13.62B | $18.99B | $12.15B | $15.46B | $11.60B | $9.32B |
| Net debt | −$2.14B | −$2.33B | $1.72B | $11.29B | $1.39B | $1.61B | $11.93B | $8.54B | $9.20B | $10.83B |
| Debt / equity | 0.91 | 0.93 | 1.15 | 1.67 | 1.10 | 1.62 | 1.60 | 1.63 | 1.46 | 1.42 |
| Debt / assets | 0.13 | 0.13 | 0.14 | 0.21 | 0.16 | 0.21 | 0.23 | 0.22 | 0.22 | 0.22 |
| Net debt / EBITDA | −0.42 | −0.46 | 0.51 | 2.58 | 0.24 | 0.74 | 2.27 | 2.16 | 2.57 | 2.86 |
| Current ratio | 0.21 | 0.22 | 25.25 | 1.39 | 2.68 | 4.26 | 2.69 | 0.23 | 2.84 | 2.45 |
| Quick ratio | 0.21 | 0.22 | 21.87 | −0.01 | 15.20 | 17.74 | 2.69 | 0.23 | 2.84 | 2.45 |
| Interest coverage | 1.1 | 1.0 | 0.8 | 2.6 | 5.3 | 1.1 | 2.1 | 1.9 | 2.4 | 2.9 |
| Working capital | −$63.82B | −$64.27B | $102.45B | $2.88B | $8.53B | $14.54B | $7.64B | −$52.66B | $7.52B | $5.51B |
| Invested capital | $14.63B | $14.25B | $15.63B | $24.16B | $15.04B | $14.31B | $27.02B | $23.22B | $23.43B | $25.02B |
| Tangible asset value | $14.15B | $14.45B | $12.07B | $10.48B | $11.38B | $10.50B | $12.74B | $12.52B | $12.49B | $12.54B |
| Net current asset value | −$85.01B | −$85.09B | $3.10B | −$81.47B | −$68.47B | −$64.25B | −$77.59B | −$76.66B | −$69.97B | −$66.69B |
| Graham number | $102.29 | $90.19 | $65.03 | $61.14 | $68.36 | $34.07 | $52.96 | $40.64 | $31.13 | $32.25 |
| Graham net-net per share | −$237.56 | −$36.82 | −$31.64 | −$157.90 | −$87.87 | −$69.50 | −$24.32 | −$15.56 | −$15.87 | −$15.27 |
| Capital allocation | ||||||||||
| Dividends paid | $510.0M | $470.0M | $448.0M | $476.0M | $542.0M | $562.0M | $581.0M | $534.0M | $446.0M | $214.0M |
| Share buybacks (net) | $2.94B | $1.01B | $1.11B | $3.32B | $2.88B | $985.0M | $3.62B | $1.87B | $1.50B | $476.0M |
| Dividend payout ratio | 14.4% | 13.4% | 20.0% | 15.8% | 12.8% | 40.6% | 15.5% | 19.1% | 23.0% | 9.5% |
| Dividends + buybacks / free cash flow | 35.0% | 15.0% | 18.2% | 56.7% | 48.1% | 20.7% | 46.7% | 25.7% | 21.8% | 10.1% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / operating cash flow | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock-based compensation / revenue | — | — | 34.4% | — | 6.5% | 41.4% | 26.8% | 36.6% | 38.5% | 32.6% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 13.6% | 11.3% | 13.9% | 16.4% | 17.7% | 14.3% | 12.8% | 12.9% | 13.1% | 13.3% |
| Efficiency | ||||||||||
| Days sales outstanding | — | 1,637.0 | 972.8 | 996.6 | 2,335.8 | 2,179.9 | 1,968.8 | 1,964.0 | 1,968.1 | 2,042.8 |
| Days of inventory on hand | — | — | 463.1 | -1,991.3 | -12,851.1 | -3,143.9 | — | — | — | — |
| Days payables outstanding | — | — | 109.3 | 2,536.0 | 6,951.2 | 246.2 | 248.7 | 206.4 | 221.0 | 263.2 |
| Cash conversion cycle (days) | — | — | 1,326.6 | -3,530.7 | -17,466.5 | -1,210.1 | 1,720.1 | 1,757.6 | 1,747.1 | 1,779.6 |
| Receivables turnover | — | 0.22 | 0.38 | 0.37 | 0.16 | 0.17 | 0.19 | 0.19 | 0.19 | 0.18 |
| Payables turnover | — | — | 3.34 | 0.14 | 0.05 | 1.48 | 1.47 | 1.77 | 1.65 | 1.39 |
| Inventory turnover | — | — | 0.79 | — | — | — | — | — | — | — |
| Asset turnover | 0.16 | 0.18 | 0.16 | 0.13 | 0.12 | 0.13 | 0.15 | 0.15 | 0.15 | 0.14 |
| Average receivables | — | $93.10B | $46.21B | $36.03B | $71.83B | $76.61B | $84.16B | $81.54B | $74.18B | $68.39B |
| Average payables | — | — | $2.90B | $34.02B | $33.48B | $4.70B | $4.41B | $4.19B | $4.05B | $3.77B |
| Average inventory | — | — | $12.28B | −$26.71B | −$61.90B | −$60.08B | — | — | $0 | $0 |
| Intangibles / total assets | 2.2% | 1.8% | 1.6% | 2.3% | 2.4% | 2.3% | 2.2% | 2.0% | 1.8% | 1.8% |
Computed from SYF's annual financial statements (latest annual report filed February 6, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
SYF valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Synchrony traded at 8.4 times earnings, against a 10-year median of 7.2. Based on the latest twelve months, the trailing P/E is 7.5 and the forward P/E is 6.7. Synchrony earned a return on equity of 21.3% and a return on invested capital of 24.6% in fiscal 2025. It ended the year with $15.2 billion of debt and $17.3 billion in cash and short-term investments, a net cash position of $2.1 billion. It returned $3.5 billion to shareholders: $510.0 million in dividends and $2.9 billion in share buybacks, 35% of free cash flow. The share count fell 57.0% from 831.5M to 357.8M over 9 years.
See the SYF income statement, the SYF chart for price history, or the SYF stock overview for the latest quote and news.
SYF key metrics FAQ
What is Synchrony's P/E ratio?
Synchrony's trailing P/E ratio is 7.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 6.7. At the end of fiscal 2025 it was 8.4, compared with a 10-year median of 7.2.
What is Synchrony's EV/EBITDA?
Synchrony's enterprise value was 5.4 times EBITDA at the end of fiscal 2025 (enterprise value $27.7 billion, EBITDA $5.1 billion).
What is Synchrony's return on equity?
Synchrony's return on equity (ROE) was 21.3% in fiscal 2025: net income of $3.6 billion on average shareholders' equity of $16.7 billion.
What is Synchrony's ROIC?
Synchrony's return on invested capital was 24.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Synchrony have?
Synchrony had total debt of $15.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.91 and more cash than debt.
What is Synchrony's dividend yield?
Synchrony's forward dividend yield is 1.85%. Synchrony paid $510.0 million in dividends in fiscal 2025 ($1.43 per share), a payout ratio of 14.4%.
Does Synchrony buy back its shares?
Yes. Synchrony spent $2.9 billion on net share repurchases in fiscal 2025 Shares outstanding changed −10.7% over the year, to 357.8M..
What is Synchrony's free cash flow yield?
Synchrony generated $9.9 billion of free cash flow in fiscal 2025, a free cash flow yield of 33.0% on its market value at year-end ($29.9 billion).
What is Synchrony's current ratio?
Synchrony's current ratio was 0.21 at the end of fiscal 2025: current assets were 0.21 times current liabilities.