Synchrony Financial (SYF) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Synchrony Financial

NYSE•Financial Services•Credit Services

$76.82+1.47(0.02%)After hours

Market Cap

$24.04B

P/E

7.2x

P/S

1.0x

P/B

1.5x

Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. The company provides credit products, such as credit cards, commercial credit products, and consumer installment loans. It also offers private label credit cards, dual and general purpose co-branded cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, savings accounts, and sweep and affinity deposits, as well as accepts deposits through third-party firms. In addition, the company provides debt cancellation products to its credit card customers through online and mobile channels; and healthcare payments and financing solutions under the CareCredit and Walgreens brands; payments and financing solutions in the apparel, specialty retail, outdoor, music, and luxury industries, such as American Eagle, Dick's Sporting Goods, Guitar Center, Pandora, Polaris, Suzuki, and Sweetwater. It offers its credit products through programs established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers; and deposit products through various channels, such as digital and print. It serves digital, health and wellness, retail, home, auto, telecommunications, pet, outdoor, and other industries. The company was founded in 1932 and is headquartered in Stamford, Connecticut.

How this company scores

AverageMetricSide Score: 55/100

Strongest: Cash & Earnings Quality (18/25); weakest: Balance Sheet & Red Flags (9/25).

Profitability16/25

Growth12/25

Balance Sheet & Red Flags9/25

Cash & Earnings Quality18/25

Strengths

Strong marginsHigh ROECash-backed earningsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 7.2x5y range 3.8x – 8.4x

Currently near its 20-quarter median.

P/S · 1.0x5y range 0.6x – 1.6x

Currently near its 20-quarter median.

P/B · 1.5x5y range 0.9x – 1.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 6.3% — watch for continued compression, which may signal competitive or cost pressure.

Leverage Risk

Watch

Debt-to-equity has risen 21.6% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $24.04B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $23.21B
Q. Revenue: $5.89B
TTM EBITDA: $5.19B
TTM Op. Income: $4.37B
Q. Op. Income: $1.18B
TTM Net Income: $3.33B
Q. Net Income: $892.00M
EPS: $2.71
Shares Out.: $319.00M

$23.21B in TTM revenue grew 0.5% YoY, reaching $5.89B last quarter. TTM EBITDA of $5.19B and TTM operating income of $4.37B show growth is flowing through to the bottom line. TTM net income of $3.33B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 22.6%
Op. Margin: 20.0%
Net Margin: 15.1%

Op. margin of 20.0% is down 4.4% YoY — costs are rising relative to revenue. Net margin at 15.1% Over the past year, operating margin is down 18% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 7.2x
P/S Ratio: 1.0x
P/B Ratio: 1.5x

At 7.2x P/E, the stock trades below typical market levels. P/S of 1.0x and P/B of 1.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 4% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $122.47B
Cash: $15.90B
Long-Term Debt: $17.02B
Book Value: $16.55B
D/E Ratio: 1.0
Debt/EBITDA: 12.8

With $122.47B in assets and $17.02B in long-term debt, D/E is 1.0and book value is $16.55B — moderate leverage. Over the past year, debt/equity is up 22% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $2.50B
TTM Free Cash Flow: $9.55B
FCF Margin: 41.2%
FCF / Net Income: 2.9

TTM FCF of $9.55B on $2.50B in operating cash flow. The FCF / Net Income ratio of 2.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.