Gross Profit for Synchrony Financial (SYF)
According to Synchrony Financial's latest reported financial statements, the company's current gross profit (TTM) is $12.16B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
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TTM (last 4 quarters)
$12.16B
YoY change
+3.9%
5Y CAGR
+10.8%
Peak year (2025)
$9.76B
Cumulative gross profit
$110.61B
Gross Profit history chart for Synchrony Financial (SYF) from 2011 to 2025
Gross Profit history table for Synchrony Financial (SYF) from 2011 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $9.76B | +3.9% | ||
| 2024 | $9.39B | +22.6% | ||
| 2023 | $7.66B | -7.7% | ||
| 2022 | $8.30B | -12.3% | ||
| 2021 | $9.47B | +61.8% | ||
| 2020 | $5.85B | -35.9% | ||
| 2019 | $9.13B | +18.0% | ||
| 2018 | $7.74B | +9.4% | ||
| 2017 | $7.07B | +1.2% | ||
| 2016 | $6.99B | +2.8% | ||
| 2015 | $6.79B | +7.6% | ||
| 2014 | $6.31B | +12.2% | ||
| 2013 | $5.63B | +2.3% | ||
| 2012 | $5.50B | +9.5% | ||
| 2011 | $5.02B | — |
Gross Profit values are taken from Synchrony Financial's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Synchrony Financial (SYF) gross profit is $9.76B – edged up 3.9% year-over-year.
Across 2020–2025 (5 years), Synchrony Financial gross profit produced a CAGR of +10.8% – sustaining 2 straight years of year-over-year growth.
The dataset's maximum gross profit sits at $9.76B (2025); the minimum reading of $5.02B dates to 2011.
Within Financial Services, Synchrony Financial (SYF) ranks 9th among 8 peers we track. The peer median for gross profit is $72.83B.
Synchrony Financial Gross Profit by Year
Synchrony Financial Gross Profit 2025: $9.76B
Synchrony Financial gross profit in 2025 was $9.76B, edged up 3.9% from 2024. This figure represents the highest annual value in the available history.
Synchrony Financial Gross Profit 2024: $9.39B
Synchrony Financial gross profit in 2024 was $9.39B, grew 22.6% from 2023.
Synchrony Financial Gross Profit 2023: $7.66B
Synchrony Financial gross profit in 2023 was $7.66B, declined 7.7% below 2022.
Synchrony Financial Gross Profit 2022: $8.30B
Synchrony Financial gross profit in 2022 was $8.30B, declined 12.3% below 2021.
Synchrony Financial Gross Profit 2021: $9.47B
Synchrony Financial gross profit in 2021 was $9.47B.
See more financial history for Synchrony Financial (SYF).
Sector peers — Gross Profit
Companies in the same sector as Synchrony Financial, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $167.61B | Financial Services |
| Bank of America Corporation (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $87.78B | Financial Services |
| Wells Fargo & Company (WFC) | $80.04B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $59.40B | Financial Services |
| Visa Inc. (V) | $32.15B | Financial Services |
| Mastercard Incorporated (MA) | $27.36B | Financial Services |
Frequently asked questions
What is Synchrony Financial's gross profit?
- Latest reported gross profit for Synchrony Financial (SYF) is $12.16B (period ending March 31, 2026).
How has Synchrony Financial gross profit changed year-over-year?
- Synchrony Financial (SYF) gross profit changed +3.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Synchrony Financial gross profit?
- Synchrony Financial (SYF) gross profit compound annual growth rate is +10.8% over the most recent 5 years available.
When did Synchrony Financial gross profit hit its highest annual value?
- Synchrony Financial gross profit reached its highest annual value of $9.76B in 2025.
What was Synchrony Financial gross profit in 2024?
- Synchrony Financial (SYF) gross profit in 2024 was $9.39B.
What was Synchrony Financial gross profit in 2025?
- Synchrony Financial (SYF) gross profit in 2025 was $9.76B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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