Synchrony Historical Income Statement
| SYF Stock | USD 65.45 1.18 1.84% |
Historical analysis of Synchrony Financial income statement accounts such as Total Revenue of 12.2 B, Gross Profit of 11.7 B, Other Operating Expenses of 2.9 B or Operating Income of 4.8 B can show how well Synchrony Financial performed in making a profits. Evaluating Synchrony Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Synchrony Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Synchrony Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Synchrony Financial is a good buy for the upcoming year.
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About Synchrony Income Statement Analysis
Synchrony Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Synchrony Financial shareholders. The income statement also shows Synchrony investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Synchrony Financial Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Synchrony Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Synchrony Financial minus its cost of goods sold. It is profit before Synchrony Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Synchrony Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Synchrony Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Synchrony Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Synchrony Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchrony Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more detail on how to invest in Synchrony Stock please use our How to Invest in Synchrony Financial guide.At this time, Synchrony Financial's Gross Profit is most likely to increase significantly in the upcoming years. The Synchrony Financial's current Operating Income is estimated to increase to about 4.8 B, while Selling General Administrative is projected to decrease to roughly 1.3 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.0B | 1.5B | 3.7B | 3.9B | Depreciation And Amortization | 5.3B | 8.7B | 458M | 435.1M |
Synchrony Financial income statement Correlations
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Synchrony Financial Account Relationship Matchups
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Synchrony Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 367M | 10.4B | 5.3B | 8.7B | 458M | 435.1M | |
| Interest Expense | 2.3B | 1.7B | 1.0B | 1.5B | 3.7B | 3.9B | |
| Selling General Administrative | 1.5B | 1.4B | 1.5B | 1.7B | 1.6B | 1.3B | |
| Selling And Marketing Expenses | 549M | 448M | 486M | 487M | 527M | 468.5M | |
| Total Revenue | 13.3B | 11.2B | 10.2B | 16.0B | 7.7B | 12.2B | |
| Gross Profit | 11.4B | 9.7B | 9.3B | 14.6B | 7.7B | 11.7B | |
| Other Operating Expenses | 1.9B | 1.8B | 4.7B | 1.3B | 3.9B | 2.9B | |
| Operating Income | 4.9B | 1.8B | 5.5B | 5.4B | 3.7B | 4.8B | |
| Ebit | 4.9B | (7.5B) | 1.1B | (3.8B) | 3.7B | 2.1B | |
| Ebitda | 5.3B | 2.8B | 6.4B | 4.9B | 4.1B | 5.1B | |
| Total Operating Expenses | (1.9B) | (1.8B) | (4.7B) | 1.3B | 3.9B | 4.1B | |
| Income Before Tax | 4.9B | 1.8B | 5.5B | 4.0B | 2.9B | 3.9B | |
| Total Other Income Expense Net | (4.9B) | (976M) | (644M) | (714M) | (759M) | (797.0M) | |
| Net Income | 3.7B | 1.4B | 4.2B | 3.0B | 2.2B | 2.7B | |
| Income Tax Expense | 1.1B | 412M | 1.3B | 946M | 666M | 870.3M | |
| Cost Of Revenue | 1.9B | 1.4B | 905M | 1.4B | 3.2B | 3.4B | |
| Net Income Applicable To Common Shares | 3.7B | 1.3B | 4.2B | 3.0B | 3.4B | 2.8B | |
| Net Income From Continuing Ops | 3.7B | 1.4B | 4.2B | 3.0B | 2.2B | 3.1B | |
| Tax Provision | 1.1B | 412M | 1.3B | 946M | 666M | 828.9M | |
| Net Interest Income | 16.8B | 14.4B | 14.2B | 15.6B | 17.0B | 16.5B | |
| Interest Income | 19.1B | 16.1B | 15.3B | 17.1B | 20.7B | 18.4B | |
| Reconciled Depreciation | 367M | 383M | 390M | 419M | 458M | 404.3M |
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When determining whether Synchrony Financial is a strong investment it is important to analyze Synchrony Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synchrony Financial's future performance. For an informed investment choice regarding Synchrony Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchrony Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more detail on how to invest in Synchrony Stock please use our How to Invest in Synchrony Financial guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Synchrony Financial. If investors know Synchrony will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Synchrony Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.311 | Dividend Share 1 | Earnings Share 7.7 | Revenue Per Share 22.405 | Quarterly Revenue Growth 0.116 |
The market value of Synchrony Financial is measured differently than its book value, which is the value of Synchrony that is recorded on the company's balance sheet. Investors also form their own opinion of Synchrony Financial's value that differs from its market value or its book value, called intrinsic value, which is Synchrony Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Synchrony Financial's market value can be influenced by many factors that don't directly affect Synchrony Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Synchrony Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchrony Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synchrony Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.