Synchrony Financial SYF
NYSE SYF
$78.05 -1.88 (-2.35%)
At close: Aug 28, 2026 · 4:00 PM EDT

Synchrony Financial (SYF) Tax Rate (2013 - 2026)

Synchrony Financial's (SYF) quarterly Tax Rate came in at 25.38% in Q2 2026, up 237.0% YoY from 7.53% in Q2 2025, and up 9.8% on a QoQ basis from 23.11% in Q1 2026.

Analysis

Synchrony Financial (SYF) Tax Rate (2013 - 2026) Analysis & Trends

Synchrony Financial (SYF) has 14 years of Tax Rate data on file, last reported at 25.38% in Q2 2026.

  • Quarterly Tax Rate rose 237.0% year-over-year to 25.38% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 23.75% (up 126.0% YoY) and the FY2025 annual result came in at 23.13%, down 2.0% from the prior year.
  • Tax Rate advanced to 25.38% in Q2 2026, from 23.11% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 25.38% in Q2 2026 to a low of 18.37% in Q4 2023.
  • A 5-year average of 23.18% and a median of 23.53% in 2022 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2023 — Tax Rate slumped 376 bps — and 2026, when it soared 237 bps.
  • Tracing SYF's Tax Rate over 5 years: stood at 22.13% in 2022, then slipped by 17 bps to 18.37% in 2023, then rose by 11 bps to 20.45% in 2024, then gained by 3 bps to 21.11% in 2025, then advanced by 20 bps to 25.38% in 2026.
  • The last three Tax Rate figures came in at 25.38% (Q2 2026), 23.11% (Q1 2026), and 21.11% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Visa 680.39 Bn 668.03 Bn - 17.64%
2 Mastercard 518.33 Bn 504.84 Bn - 20.01%
3 American Express 224.91 Bn 175.59 Bn 17.99 Bn 23.61%
4 Capital One Financial 132.31 Bn 77.60 Bn - 20.90%
5 PayPal Holdings 46.25 Bn 35.00 Bn - 15.73%
6 Affirm Holdings 26.22 Bn 24.59 Bn - -856.07%
7 Synchrony Financial 25.37 Bn 9.17 Bn - 25.38%
8 SoFi Technologies 23.30 Bn 20.18 Bn 1.02 Bn 23.36%
9 Ally Financial 12.85 Bn 5.01 Bn 2.08 Bn 23.65%
10 FirstCash Holdings 9.51 Bn 9.34 Bn 533.67 Mn 26.41%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 25.38
Jun 30, 2026 25.38
Jun 30, 2026 25.38
Mar 31, 2026 23.11
Mar 31, 2026 23.11
Mar 31, 2026 23.11
Dec 31, 2025 21.11
Dec 31, 2025 21.11
Dec 31, 2025 21.11
Sep 30, 2025 24.63
Sep 30, 2025 24.63
Sep 30, 2025 24.63
Jun 30, 2025 23.01
Jun 30, 2025 23.01
Jun 30, 2025 23.01
Mar 31, 2025 23.07
Mar 31, 2025 23.07
Mar 31, 2025 23.07
Dec 31, 2024 20.45
Dec 31, 2024 20.45