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

Synchrony Financial (SYF) has 14 years of Tax Rate data on file, last reported at 23.11% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 4.0% year-over-year to 23.11%; the trailing twelve-month figure through Mar 2026 stood at 23.14% (up 53.0% YoY), and the FY2025 full-year result was 23.13%, down 2.0% from the prior year.
• Tax Rate for Q1 2026 stood at 23.11%, up from 21.11% in the prior quarter.
• Across five years, Tax Rate topped out at 24.63% in Q3 2025 and bottomed at 18.37% in Q4 2023.
• The 5-year median for Tax Rate is 23.32% (2023), against an average of 23.05%.
• The widest annual swing landed in 2022, when Tax Rate soared 236 bps; it then plunged 376 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 22.13% in 2022, then dropped by 17 bps to 18.37% in 2023, then gained by 11 bps to 20.45% in 2024, then advanced by 3 bps to 21.11% in 2025, then advanced by 9 bps to 23.11% in 2026.
• The last three Tax Rate figures came in at 23.11% (Q1 2026), 21.11% (Q4 2025), and 24.63% (Q3 2025), per Business Quant data.