Synchrony Financial (SYF) Non Operating Interest Expenses (2013 - 2024)
Synchrony Financial (SYF) reported Non Operating Interest Expenses of $1.16 billion for Q1 2024, up 58.2% from $735 million a year earlier and up 7.4% from the prior quarter.
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Analysis
Synchrony Financial (SYF) Non Operating Interest Expenses (2013 - 2024) Analysis & Trends
Over the twelve months ended Mar 31, 2024, Synchrony Financial's Non Operating Interest Expenses came in at $4.14 billion, up 104.6% year-over-year; for FY2023, it came in at $3.71 billion, up 144.0% from FY2022.
- Non Operating Interest Expenses has a five-year compound annual growth rate of 14.7% (FY2018 to FY2023).
- By year, Non Operating Interest Expenses came in at $1.52 billion in FY2022 (+47.4%), $1.03 billion in FY2021 (-38.0%), $1.67 billion in FY2020 (-27.3%) and $2.29 billion in FY2019 (+22.5%).
- The Q1 2024 figure ranks as the highest quarterly Non Operating Interest Expenses in data going back to Q2 2013.
- Year over year, Non Operating Interest Expenses has now increased in each of the last eight quarters, with growth averaging 121.1% over the last eight quarters.
- The high point for year-over-year Non Operating Interest Expenses in five years was Q2 2023 (growth of 231.3%); the low point was Q1 2021 (a decline of 41.4%).
- Per Business Quant data, the three quarters before Q1 2024 came in at $1.08 billion (Q4 2023), $992 million (Q3 2023) and $901 million (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 41.15 Bn | 9.87 Bn | 4.68 Bn | 281.69 Mn |
| 2 | Rocket Companies | 30.99 Bn | 16.66 Bn | - | 374.00 Mn |
| 3 | Affirm Holdings | 26.12 Bn | 19.81 Bn | - | 118.51 Mn |
| 4 | Royalty Pharma | 25.30 Bn | 22.26 Bn | - | 93.62 Mn |
| 5 | Synchrony Financial | 24.37 Bn | -43.60 Bn | - | - |
| 6 | Federal National Mortgage Association Fannie Mae | 20.83 Bn | 20.83 Bn | - | - |
| 7 | Royal Gold | 19.67 Bn | 18.84 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 13.32 Bn | 4.37 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.31 Bn | 10.75 Bn | - | 214.00 Mn |
| 10 | Federal Home Loan Mortgage | 10.54 Bn | -8.20 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.16 Bn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 992.00 Mn |
| Jun 30, 2023 | 901.00 Mn |
| Mar 31, 2023 | 735.00 Mn |
| Dec 31, 2022 | 602.00 Mn |
| Sep 30, 2022 | 414.00 Mn |
| Jun 30, 2022 | 272.00 Mn |
| Mar 31, 2022 | 233.00 Mn |
| Dec 31, 2021 | 223.00 Mn |
| Sep 30, 2021 | 240.00 Mn |
| Jun 30, 2021 | 266.00 Mn |
| Mar 31, 2021 | 303.00 Mn |
| Dec 31, 2020 | 334.00 Mn |
| Sep 30, 2020 | 380.00 Mn |
| Jun 30, 2020 | 434.00 Mn |
| Mar 31, 2020 | 517.00 Mn |
| Dec 31, 2019 | 556.00 Mn |
| Sep 30, 2019 | 592.00 Mn |
| Jun 30, 2019 | 583.00 Mn |
API Access
Synchrony Financial Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=SYF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=SYF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();