Synchrony Financial (SYF) Tax Provisions (2013 - 2026)
Synchrony Financial's Tax Provisions came in at $301 million for Q2 2026, up 4.2% from $289 million a year earlier and up 24.4% from the prior quarter.
Synchrony Financial (SYF) Tax Provisions (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Synchrony Financial reported Tax Provisions of $1.1 billion, up 14.9% year-over-year; for FY2025, it was $1.07 billion, up 1.4% from FY2024.
- Tax Provisions carries a five-year compound annual growth rate of 21.0% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $1.05 billion in FY2024 (+58.3%), $666 million in FY2023 (-29.6%), $946 million in FY2022 (-26.2%) and $1.28 billion in FY2021 (+211.2%).
- The five-year range for quarterly Tax Provisions is $99 million (Q4 2023) to $415 million (Q1 2024).
- Year-over-year, Tax Provisions has increased for five consecutive quarters, with growth averaging 21.9% over the last eight quarters.
- The fastest year-over-year change in Tax Provisions over five years came in Q3 2021 (growth of 262.6%), and the weakest in Q1 2025 (a decline of 45.3%).
- Business Quant data shows SYF's Tax Provisions at $242 million (Q1 2026), $201 million (Q4 2025) and $352 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.07 Bn | 28.75 Bn | - | 52.00 Mn |
| 2 | Orix | 41.51 Bn | 42.01 Bn | 4.68 Bn | 787.89 Mn |
| 3 | Royalty Pharma | 32.73 Bn | 32.65 Bn | - | - |
| 4 | Affirm Holdings | 27.21 Bn | 20.90 Bn | - | -1.45 Bn |
| 5 | Synchrony Financial | 23.66 Bn | -44.31 Bn | - | 301.00 Mn |
| 6 | Federal National Mortgage Association Fannie Mae | 23.53 Bn | 23.53 Bn | - | 1.01 Bn |
| 7 | Royal Gold | 20.00 Bn | 19.23 Bn | 390.45 Mn | 58.24 Mn |
| 8 | Annaly Capital Management | 13.74 Bn | 4.84 Bn | - | 6.90 Mn |
| 9 | Ares Capital | 13.33 Bn | 10.76 Bn | - | 8.00 Mn |
| 10 | Federal Home Loan Mortgage | 11.90 Bn | -6.84 Bn | - | 936.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 301.00 Mn |
| Mar 31, 2026 | 242.00 Mn |
| Dec 31, 2025 | 201.00 Mn |
| Sep 30, 2025 | 352.00 Mn |
| Jun 30, 2025 | 289.00 Mn |
| Mar 31, 2025 | 227.00 Mn |
| Dec 31, 2024 | 199.00 Mn |
| Sep 30, 2024 | 239.00 Mn |
| Jun 30, 2024 | 201.00 Mn |
| Mar 31, 2024 | 415.00 Mn |
| Dec 31, 2023 | 99.00 Mn |
| Sep 30, 2023 | 205.00 Mn |
| Jun 30, 2023 | 173.00 Mn |
| Mar 31, 2023 | 189.00 Mn |
| Dec 31, 2022 | 164.00 Mn |
| Sep 30, 2022 | 219.00 Mn |
| Jun 30, 2022 | 262.00 Mn |
| Mar 31, 2022 | 301.00 Mn |
| Dec 31, 2021 | 234.00 Mn |
| Sep 30, 2021 | 359.00 Mn |
Synchrony Financial Tax Provisions 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=tax-provisions&ticker=SYF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=SYF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();