Synchrony Financial (SYF-PB) Tax Rate (2013 - 2026)

Synchrony Financial (SYF-PB) has reported Tax Rate for 14 consecutive years, with 23.11% the latest figure, recorded in Q1 2026.

• Tax Rate for Q1 2026 came in at 23.11%, up 4.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.14% (up 53.0% YoY), and the FY2025 annual result was 23.13%, down 2.0% from the prior year.
• Tax Rate was 23.11% for Q1 2026 at Synchrony Financial, up from 21.11% in the prior quarter.
• Over five years, Tax Rate peaked at 24.63% in Q3 2025 and troughed at 18.37% in Q4 2023.
• Average Tax Rate over 5 years is 23.05%, with a median of 23.32% recorded in 2023.
• Year-over-year, Tax Rate surged 236 bps in 2022 and plunged 376 bps in 2023.
• Over 5 years, Tax Rate stood at 22.13% in 2022, then fell by 17 bps to 18.37% in 2023, then climbed by 11 bps to 20.45% in 2024, then grew by 3 bps to 21.11% in 2025, then grew by 9 bps to 23.11% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 23.11% in Q1 2026, 21.11% in Q4 2025, and 24.63% in Q3 2025.