Synchrony Financial (SYF) Return on Invested Capital [ROIC] (2014 - 2026)
Synchrony Financial (SYF) recorded Return on Invested Capital [ROIC] of 26.91% in Q2 2026, down 0.23 percentage points from 27.13% a year earlier and down 1.24 percentage points from the prior quarter.
Synchrony Financial (SYF) Return on Invested Capital [ROIC] (2014 - 2026) Analysis & Trends
For FY2025, Synchrony Financial reported Return on Invested Capital [ROIC] of 28.20%, down 1.96 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +16.40 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 30.16% in FY2024 (+6.70 pp), 23.46% in FY2023 (+3.45 pp), 20.01% in FY2022 (-4.12 pp) and 24.13% in FY2021 (+12.33 pp).
- The Q2 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in four of the last eight quarters, with an average year-over-year change of +1.73 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 11.18 percentage points in Q4 2021, against a drop of 4.32 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 28.14% (Q1 2026), 28.42% (Q4 2025) and 28.36% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.07 Bn | 28.75 Bn | - | 3.08% |
| 2 | Orix | 41.51 Bn | 42.01 Bn | 4.68 Bn | 2.93% |
| 3 | Royalty Pharma | 32.73 Bn | 32.65 Bn | - | - |
| 4 | Affirm Holdings | 27.21 Bn | 20.90 Bn | - | 5.55% |
| 5 | Synchrony Financial | 23.66 Bn | -44.31 Bn | - | 26.91% |
| 6 | Federal National Mortgage Association Fannie Mae | 23.53 Bn | 23.53 Bn | - | - |
| 7 | Royal Gold | 20.00 Bn | 19.23 Bn | 390.45 Mn | 9.67% |
| 8 | Annaly Capital Management | 13.74 Bn | 4.84 Bn | - | 16.56% |
| 9 | Ares Capital | 13.33 Bn | 10.76 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 11.90 Bn | -6.84 Bn | - | 105.86% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.91% |
| Mar 31, 2026 | 28.14% |
| Dec 31, 2025 | 28.42% |
| Sep 30, 2025 | 28.36% |
| Jun 30, 2025 | 27.13% |
| Mar 31, 2025 | 26.38% |
| Dec 31, 2024 | 29.54% |
| Sep 30, 2024 | 28.35% |
| Jun 30, 2024 | 27.13% |
| Mar 31, 2024 | 26.53% |
| Dec 31, 2023 | 22.61% |
| Sep 30, 2023 | 21.74% |
| Jun 30, 2023 | 20.39% |
| Mar 31, 2023 | 19.79% |
| Dec 31, 2022 | 19.97% |
| Sep 30, 2022 | 20.19% |
| Jun 30, 2022 | 21.86% |
| Mar 31, 2022 | 23.42% |
| Dec 31, 2021 | 24.28% |
| Sep 30, 2021 | 24.46% |
Synchrony Financial Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=SYF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=SYF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();