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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Synchrony Financial (SYF) Quarterly Financial Ratios

Last 47 quarters of trend data · Financial Services · Financial - Credit Services

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Synchrony Financial's quarterly P/E stands at 6.2x, down 3.4% year-over-year. EV/EBITDA has expanded 6.2% YoY to 4.0x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →8.086.216.677.008.516.437.613.439.275.166.425.396.52
—-3.4%-12.3%+104.0%-8.2%+24.5%+18.5%-36.2%+42.2%+9.2%+50.7%+10.8%-16.8%
P/S Ratio1.201.391.341.071.300.990.970.900.830.720.860.811.00
—+40.7%+38.2%+19.3%+56.2%+38.4%+13.3%+11.3%-16.4%-28.2%-21.1%-45.9%-53.2%
P/B Ratio1.671.581.491.241.551.241.221.151.140.931.080.961.15
—+27.6%+22.1%+7.9%+35.9%+33.2%+13.7%+19.5%-0.6%-8.9%+5.3%-28.5%-37.9%
P/FCF2.532.562.472.342.731.791.911.961.711.291.891.692.00
—+42.8%+29.2%+19.7%+59.6%+38.9%+1.4%+16.2%-14.4%-36.5%+0.2%-48.0%-36.5%
EV / EBITDA5.094.043.963.616.043.804.151.886.683.264.653.435.54
—+6.2%-4.4%+92.1%-9.6%+16.6%-10.9%-45.2%+20.7%-14.3%+43.9%-12.2%-18.6%
EV / EBIT5.634.404.354.066.794.254.742.018.143.725.363.916.29
—+3.5%-8.2%+102.5%-16.7%+14.4%-11.6%-48.6%+29.4%-12.3%+50.9%-7.8%-16.0%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Synchrony Financial's operating margin was 29.6% in Q3 2025, up 2.9 pp QoQ and up 9.0 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 24.1% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 24.6% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin45.2%55.4%53.1%46.4%45.5%44.4%41.3%37.7%39.1%44.5%45.6%48.5%51.2%
—+24.6%+28.4%+22.9%+16.4%-0.1%-9.3%-22.3%-23.6%-25.4%-33.3%-35.4%-30.3%
Operating Margin21.9%29.6%26.7%20.5%19.8%20.6%17.3%34.9%11.4%18.6%17.7%20.1%20.1%
—+43.5%+54.4%-41.3%+74.0%+10.5%-2.4%+73.9%-43.3%-32.7%-47.8%-50.7%-43.4%
Net Margin16.9%22.3%20.5%15.8%15.7%15.8%13.2%26.4%9.3%14.1%13.6%15.3%15.6%
—+40.9%+56.0%-40.4%+69.6%+12.5%-3.0%+73.0%-40.6%-33.4%-46.9%-50.4%-43.3%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE23.0%6.3%5.8%4.6%4.8%5.0%4.2%8.9%3.2%4.6%4.3%4.6%4.5%
—+26.5%+38.2%-48.5%+49.5%+8.2%-2.6%+92.1%-28.7%-13.1%-28.6%-33.0%-24.4%
ROA3.0%0.9%0.8%0.6%0.6%0.7%0.5%1.1%0.4%0.6%0.5%0.6%0.6%
—+37.8%+49.9%-42.1%+69.8%+16.2%+1.3%+91.5%-32.0%-21.0%-37.8%-42.0%-35.1%
ROIC11.0%3.3%2.8%2.2%2.3%2.5%2.0%4.2%1.4%2.2%2.0%2.1%2.0%
—+35.4%+40.0%-46.2%+67.0%+11.3%+1.3%+94.7%-32.8%-15.6%-34.7%-36.2%-28.6%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Synchrony Financial's Debt/EBITDA ratio is 9.3x, down from 11.6x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity0.930.850.941.030.930.981.011.061.151.111.061.131.10
—-13.6%-6.1%-2.8%-18.9%-11.6%-5.4%-6.7%+4.3%+0.5%+17.2%+13.7%+3.8%
Debt / EBITDA3.079.2711.6215.3414.1513.6016.208.8324.3316.0516.6416.5716.85
—-31.9%-28.3%+73.7%-41.8%-15.2%-2.6%-46.7%+44.3%+15.1%+60.5%+66.2%+33.8%
Current Ratio0.220.240.270.290.220.250.260.280.220.220.210.240.20
—-3.7%+5.9%+5.9%-2.6%+11.7%+22.4%+13.8%+13.7%-4.9%-7.0%+9.0%-2.8%
Quick Ratio0.220.240.270.290.220.250.260.280.220.220.210.240.20
—-3.7%+5.9%+5.9%-2.6%+11.7%+22.4%+13.8%+13.7%-4.9%-7.0%+9.0%-2.8%
Interest Coverage0.981.411.180.910.870.870.721.470.500.840.821.071.23
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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Frequently Asked Questions

What is Synchrony Financial's quarterly P/E ratio trend?

Synchrony Financial's current P/E is 8.1x. The average P/E over the last 4 quarters is 7.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Synchrony Financial's margins change by quarter?

Synchrony Financial's current operating margin is 21.9%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at SYF quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Synchrony Financial's business trajectory between earnings reports.

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