Buyback yield (TTM)
13.89%
Shareholder yield (TTM)
15.76%
5Y share count change
-39.4%
Buyback spend (TTM)
$3.24B
Cumulative buybacks
$19.70B
Key takeaways
- Synchrony Financial (SYF) repurchased about $3.24B of stock over the trailing twelve months.
- Diluted share count is down 39.4% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- Cash buyback spend has compounded at +24.5% per year over the latest 5-year window.
- TTM repurchases used about 34% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Synchrony Financial (SYF)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Synchrony Financial (SYF)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Synchrony Financial (SYF)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Synchrony Financial (SYF)
Latest: $2.94B
Overview
As of the 2025 fiscal year, Synchrony Financial (SYF) reported buyback spend of $2.94B – surged 191.8% year-over-year.
Through 2020–2025 (5 years), Synchrony Financial buyback spend delivered a +24.5% annualised rate; with mixed annual results across the window.
Between 2019 and 2025, Synchrony Financial buyback spend declined 18.7%, falling from $3.62B to $2.94B.
The highest annual buyback spend of $3.62B was reported in 2019. The lowest in the available history was $0.00 in 2011.
Synchrony Financial Buyback Spend 2025: $2.94B
In 2025, Synchrony Financial reported buyback spend of $2.94B, surged 191.8% from 2024.
Synchrony Financial Buyback Spend 2024: $1.01B
Synchrony Financial buyback spend in 2024 was $1.01B, declined 9.4% below 2023.
Synchrony Financial Buyback Spend 2023: $1.11B
2023's buyback spend for Synchrony Financial came in at $1.11B, plunged 66.5% below 2022.
Synchrony Financial Buyback Spend 2022: $3.32B
Synchrony Financial posted buyback spend of $3.32B in 2022, grew 15.4% from 2021.
Synchrony Financial Buyback Spend 2021: $2.88B
Synchrony Financial buyback spend in 2021 was $2.88B.
See more financial history for Synchrony Financial (SYF).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $2.94B | $0.00 | $2.94B | 9.85% | 0.36B | -10.7% | |
| 2024 | $1.01B | $0.00 | $1.01B | 3.98% | 0.40B | -5.4% | |
| 2023 | $1.11B | $0.00 | $1.11B | 7.07% | 0.42B | -12.4% | |
| 2022 | $3.32B | $0.00 | $3.32B | 22.66% | 0.48B | -15.1% | |
| 2021 | $2.88B | $0.00 | $2.88B | 11.53% | 0.57B | -3.6% | |
| 2020 | $985.00M | $0.00 | $985.00M | 4.86% | 0.59B | -12.3% | |
| 2019 | $3.62B | $0.00 | $3.62B | 15.85% | 0.67B | -9.8% | |
| 2018 | $1.87B | $0.00 | $1.87B | 11.08% | 0.75B | -6.6% | |
| 2017 | $1.50B | $0.00 | $1.50B | 4.98% | 0.80B | -3.8% | |
| 2016 | $476.00M | $0.00 | $476.00M | 1.60% | 0.83B | -0.5% | |
| 2015 | $0.00 | $0.00 | $0.00 | — | 0.84B | +10.3% | |
| 2014 | $0.00 | $0.00 | $0.00 | — | 0.76B | -8.9% | |
| 2013 | $0.00 | $0.00 | $0.00 | — | 0.83B | 0.0% | |
| 2012 | $0.00 | $0.00 | $0.00 | — | 0.83B | +0.1% | |
| 2011 | $0.00 | $0.00 | $0.00 | — | 0.83B | — |
- 2025$2.94B
- 2024$1.01B
- 2023$1.11B
- 2022$3.32B
- 2021$2.88B
- 2020$985.00M
- 2019$3.62B
- 2018$1.87B
- 2017$1.50B
- 2016$476.00M
- 2015$0.00
- 2014$0.00
- 2013$0.00
- 2012$0.00
- 2011$0.00
Buybacks vs stock-based compensation for Synchrony Financial (SYF)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Buybacks vs dividends (share of cash returned) for Synchrony Financial (SYF)
How Synchrony Financial splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Synchrony Financial, ranked by their latest buyback spend.
| $34.59B | |
| $24.10B | |
| $19.52B | |
| $13.39B | |
| $12.36B | |
| $11.73B | |
| $5.83B | |
| $0.00 |
- $34.59B
- $24.10B
- $19.52B
- $13.39B
- $12.36B
- $11.73B
- $5.83B
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $9.40B (TTM FCF − TTM dividends, clamped at zero).
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Data & methodology
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