Synchrony
SYF
#1014
Rank
$17.93 B
Marketcap
$44.67
Share price
0.02%
Change (1 day)
52.20%
Change (1 year)
Synchrony Financial is an American consumer financial services company offering consumer financing products, including credit, promotional financing and loyalty programs.

Operating Margin for Synchrony (SYF)

Operating Margin as of April 2024 (TTM): 25.55%

According to Synchrony's latest financial reports and stock price the company's current Operating Margin is 25.55%. At the end of 2022 the company had an Operating Margin of 24.75%.

Operating Margin history for Synchrony from 2013 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202224.75%-33.78%
202137.38%208.04%
202012.14%-57.36%
201928.46%27.96%
201822.24%2.41%
201721.72%-15.59%
201625.73%-9.02%
201528.28%-1.4%
201428.68%1.07%
201328.38%-15.53%
201233.60%-2.82%
201134.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
63.67% 149.20%๐Ÿ‡บ๐Ÿ‡ธ USA
53.91% 111.00%๐Ÿ‡บ๐Ÿ‡ธ USA
34.71% 35.85%๐Ÿ‡บ๐Ÿ‡ธ USA
28.05% 9.78%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.