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% on a YoY basis from 7.53% in Q2 2025, and up 9.8% quarter-over-quarter from 23.11% in Q1 2026.
Powered by 
Analysis
Synchrony Financial (SYF) Tax Rate (2013 - 2026) Analysis & Trends
Synchrony Financial (SYF) has reported Tax Rate for 14 consecutive years, with 25.38% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 237.0% year-over-year to 25.38%; the trailing twelve-month figure through Jun 2026 stood at 23.75% (up 126.0% YoY), and the FY2025 full-year result was 23.13%, down 2.0% from the prior year.
- Tax Rate rose to 25.38% in Q2 2026 per SYF's latest filing, from 23.11% in the prior quarter.
- Across five years, Tax Rate topped out at 25.38% in Q2 2026 and bottomed at 18.37% in Q4 2023.
- Historically, Tax Rate has averaged 23.18% across 5 years, with a median of 23.53% in 2022.
- The sharpest annual moves came in 2023 and 2026: Tax Rate tumbled 376 bps in 2023, then jumped 237 bps in 2026.
- Over 5 years, Tax Rate stood at 22.13% in 2022, then declined by 17 bps to 18.37% in 2023, then advanced by 11 bps to 20.45% in 2024, then climbed by 3 bps to 21.11% in 2025, then grew by 20 bps to 25.38% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 25.38%, 23.11%, and 21.11% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Synchrony Financial | 24.38 Bn | 8.19 Bn | - | 25.38% |
| 2 | Affirm Holdings | 24.01 Bn | 22.38 Bn | - | -856.07% |
| 3 | FirstCash Holdings | 9.50 Bn | 9.33 Bn | 533.67 Mn | 26.41% |
| 4 | Credit Acceptance | 6.00 Bn | 5.51 Bn | 569.30 Mn | 19.40% |
| 5 | Slm | 4.72 Bn | -77.52 Mn | - | 27.26% |
| 6 | Enova International | 4.35 Bn | 4.22 Bn | 568.07 Mn | 25.02% |
| 7 | Bread Financial Holdings | 4.20 Bn | -15.89 Bn | 957.00 Mn | 25.89% |
| 8 | StoneCo | 2.99 Bn | 1.38 Bn | 308.97 Mn | -16.41% |
| 9 | Ezcorp | 1.88 Bn | 1.57 Bn | 246.19 Mn | 25.99% |
| 10 | Navient | 1.64 Bn | 275.03 Mn | - | 35.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.38% |
| Mar 31, 2026 | 23.11% |
| Dec 31, 2025 | 21.11% |
| Sep 30, 2025 | 24.63% |
| Jun 30, 2025 | 23.01% |
| Mar 31, 2025 | 23.07% |
| Dec 31, 2024 | 20.45% |
| Sep 30, 2024 | 23.25% |
| Jun 30, 2024 | 23.82% |
| Mar 31, 2024 | 24.30% |
| Dec 31, 2023 | 18.37% |
| Sep 30, 2023 | 24.61% |
| Jun 30, 2023 | 23.32% |
| Mar 31, 2023 | 23.92% |
| Dec 31, 2022 | 22.13% |
| Sep 30, 2022 | 23.75% |
| Jun 30, 2022 | 24.58% |
| Mar 31, 2022 | 24.41% |
| Dec 31, 2021 | 22.35% |
| Sep 30, 2021 | 23.93% |