TTM
22.9%
YoY change
+2.24pp
Trough year (2020)
14.0%
Peak year (2021)
49.0%
Latest annual
24.2%
Operating Margin history chart for Synchrony Financial (SYF) from 2011 to 2025
Latest: 24.2%
Operating Margin change chart for Synchrony Financial (SYF) from 2011 to 2025
Latest: +2.24pp
Operating Margin history table for Synchrony Financial (SYF) from 2011 to 2025
| 2025 | 24.2% | +2.24pp | ||
| 2024 | 21.9% | +5.18pp | ||
| 2023 | 16.7% | -13.28pp | ||
| 2022 | 30.0% | -19.00pp | ||
| 2021 | 49.0% | +35.02pp | ||
| 2020 | 14.0% | -17.31pp | ||
| 2019 | 31.3% | +7.27pp | ||
| 2018 | 24.0% | -0.11pp | ||
| 2017 | 24.2% | -5.05pp | ||
| 2016 | 29.2% | -3.23pp | ||
| 2015 | 32.4% | -0.90pp | ||
| 2014 | 33.4% | +0.07pp | ||
| 2013 | 33.3% | -5.04pp | ||
| 2012 | 38.3% | +1.66pp | ||
| 2011 | 36.7% | — |
- 202524.2%+2.24pp
- 202421.9%+5.18pp
- 202316.7%-13.28pp
- 202230.0%-19.00pp
- 202149.0%+35.02pp
- 202014.0%-17.31pp
- 201931.3%+7.27pp
- 201824.0%-0.11pp
- 201724.2%-5.05pp
- 201629.2%-3.23pp
- 201532.4%-0.90pp
- 201433.4%+0.07pp
- 201333.3%-5.04pp
- 201238.3%+1.66pp
- 201136.7%—
Operating Margin values are taken from Synchrony Financial's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Synchrony Financial (SYF)
According to Synchrony Financial's latest reported financial statements, the company's latest reported operating margin is 22.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Synchrony Financial (SYF) operating margin is 24.17% – expanded 2.2 percentage points year-over-year.
The highest annual operating margin of 49.03% was reported in 2021. The lowest in the available history was 14.01% in 2020.
Synchrony Financial Operating Margin by Year
Synchrony Financial Operating Margin 2025: 24.2%
In 2025, Synchrony Financial reported operating margin of 24.17%, expanded 2.2 percentage points from 2024.
Synchrony Financial Operating Margin 2024: 21.9%
Synchrony Financial operating margin in 2024 was 21.93%, expanded 5.2 percentage points from 2023.
Synchrony Financial Operating Margin 2023: 16.7%
2023's operating margin for Synchrony Financial came in at 16.75%, contracted 13.3 percentage points from 2022.
Synchrony Financial Operating Margin 2022: 30.0%
Synchrony Financial posted operating margin of 30.03% in 2022, contracted 19.0 percentage points from 2021.
Synchrony Financial Operating Margin 2021: 49.0%
Synchrony Financial operating margin in 2021 was 49.03%.
See more financial history for Synchrony Financial (SYF).
Sector peers by Operating Margin
Financial Services peers of Synchrony Financial (SYF), ranked by their latest operating margin
| 61.1% | |
| 59.4% | |
| 26.2% | |
| 22.9% | |
| 20.5% | |
| 20.5% | |
| 19.5% | |
| 16.1% |
- 61.1%
- 59.4%
- 26.2%
- 20.5%
- 20.5%
- 19.5%
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