Synchrony Financial (SYF) Interest Coverage Ratio (2013 - 2026)
Synchrony Financial's (SYF) quarterly Interest Coverage Ratio came in at 2.22 in Q2 2026, up 1.7% on a YoY basis from 2.18 in Q2 2025, and up 6.48% quarter-over-quarter from 2.08 in Q1 2026.
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Synchrony Financial (SYF) Interest Coverage Ratio (2013 - 2026) Analysis & Trends
Synchrony Financial (SYF) has reported Interest Coverage Ratio for 14 consecutive years, with 2.22 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 1.7% year-over-year to 2.22; the trailing twelve-month figure through Jun 2026 stood at 2.17 (up 11.3% YoY), and the FY2025 full-year result was 2.12, up 6.81% from the prior year.
- Interest Coverage Ratio improved to 2.22 in Q2 2026 per SYF's latest filing, from 2.08 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 6.29 in Q1 2022 and bottomed at 1.5 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 2.48 across 5 years, with a median of 2.08 in 2023.
- The sharpest annual moves came in 2023 and 2025: Interest Coverage Ratio plunged 67.02% in 2023, then advanced 28.78% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 2.23 in 2022, then plunged by 32.87% to 1.5 in 2023, then gained by 24.88% to 1.87 in 2024, then increased by 5.78% to 1.98 in 2025, then climbed by 12.03% to 2.22 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.22, 2.08, and 1.98 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Synchrony Financial | 24.38 Bn | 8.19 Bn | - | 2.22 |
| 2 | Affirm Holdings | 24.01 Bn | 22.38 Bn | - | 1.24 |
| 3 | FirstCash Holdings | 9.50 Bn | 9.33 Bn | 533.67 Mn | 3.56 |
| 4 | Credit Acceptance | 6.00 Bn | 5.51 Bn | 569.30 Mn | 1.40 |
| 5 | Slm | 4.72 Bn | -77.52 Mn | - | 1.30 |
| 6 | Enova International | 4.35 Bn | 4.22 Bn | 568.07 Mn | 2.42 |
| 7 | Bread Financial Holdings | 4.20 Bn | -15.89 Bn | 957.00 Mn | 2.43 |
| 8 | StoneCo | 2.99 Bn | 1.38 Bn | 308.97 Mn | 1.64 |
| 9 | Ezcorp | 1.88 Bn | 1.57 Bn | 246.19 Mn | 6.56 |
| 10 | Navient | 1.64 Bn | 275.03 Mn | - | 1.07 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.22 |
| Mar 31, 2026 | 2.08 |
| Dec 31, 2025 | 1.98 |
| Sep 30, 2025 | 2.41 |
| Jun 30, 2025 | 2.18 |
| Mar 31, 2025 | 1.91 |
| Dec 31, 2024 | 1.87 |
| Sep 30, 2024 | 1.87 |
| Jun 30, 2024 | 1.72 |
| Mar 31, 2024 | 2.47 |
| Dec 31, 2023 | 1.50 |
| Sep 30, 2023 | 1.84 |
| Jun 30, 2023 | 1.82 |
| Mar 31, 2023 | 2.07 |
| Dec 31, 2022 | 2.23 |
| Sep 30, 2022 | 3.23 |
| Jun 30, 2022 | 4.92 |
| Mar 31, 2022 | 6.29 |
| Dec 31, 2021 | 5.70 |
| Sep 30, 2021 | 7.25 |