Synchrony Financial (SYF) Net Margin (2013 - 2026)
Synchrony Financial (SYF) reported Net Margin of 17.58% for Q3 2026, down 4.22 percentage points from 21.81% a year earlier and down 0.63 percentage points from the prior quarter.
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Analysis
Synchrony Financial (SYF) Net Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Synchrony Financial's Net Margin came in at 16.79%, down 1.77 percentage points year-over-year; for FY2025, it came in at 18.27%, up 0.73 percentage points from FY2024.
- Net Margin has a five-year change of +9.20 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 17.55% in FY2024 (+4.84 pp), 12.70% in FY2023 (-5.88 pp), 18.58% in FY2022 (-9.81 pp) and 28.39% in FY2021 (+19.32 pp).
- Five-year quarterly Net Margin spans a low of 9.46% in Q4 2023 and a high of 23.66% in Q1 2022.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of +0.58 percentage points.
- The high point for year-over-year Net Margin in five years was Q1 2024 (a gain of 8.71 percentage points); the low point was Q2 2022 (a drop of 16.40 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 18.21% (Q2 2026), 16.44% (Q1 2026) and 14.94% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 40.99 Bn | 9.71 Bn | 12.74 Bn | 12.99% |
| 2 | Rocket Companies | 35.89 Bn | 35.89 Bn | - | - |
| 3 | Royalty Pharma | 29.95 Bn | 26.91 Bn | - | 2.65% |
| 4 | Federal National Mortgage Association Fannie Mae | 26.64 Bn | 26.64 Bn | - | 12.38% |
| 5 | Affirm Holdings | 24.55 Bn | 18.24 Bn | - | 138.65% |
| 6 | Synchrony Financial | 24.01 Bn | -43.61 Bn | - | 17.58% |
| 7 | Royal Gold | 19.26 Bn | 18.43 Bn | 390.45 Mn | 52.47% |
| 8 | Annaly Capital Management | 13.94 Bn | 4.90 Bn | - | -121.54% |
| 9 | Ares Capital | 13.71 Bn | 11.46 Bn | - | 41.81% |
| 10 | Federal Home Loan Mortgage | 13.42 Bn | 13.42 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.58% |
| Jun 30, 2026 | 18.21% |
| Mar 31, 2026 | 16.44% |
| Dec 31, 2025 | 14.94% |
| Sep 30, 2025 | 21.81% |
| Jun 30, 2025 | 20.39% |
| Mar 31, 2025 | 15.95% |
| Dec 31, 2024 | 15.95% |
| Sep 30, 2024 | 16.24% |
| Jun 30, 2024 | 13.80% |
| Mar 31, 2024 | 23.05% |
| Dec 31, 2023 | 9.46% |
| Sep 30, 2023 | 13.88% |
| Jun 30, 2023 | 13.37% |
| Mar 31, 2023 | 14.33% |
| Dec 31, 2022 | 13.71% |
| Sep 30, 2022 | 17.42% |
| Jun 30, 2022 | 19.83% |
| Mar 31, 2022 | 23.66% |
| Dec 31, 2021 | 20.09% |
API Access
Synchrony Financial Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SYF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SYF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SYF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();