Synchrony Financial
SYFFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
20,759
Cost of Revenue
11,367
Gross Profit
9,392
Gross Margin
45.2%
Operating Income
4,553
Operating Margin
21.9%
Net Income
3,499
Net Margin
16.9%
EPS (Basic)
$8.64
EPS (Diluted)
$8.55
EBITDA
5,034
EBITDA Margin
24.2%
2023
12/31/2023
Revenue
17,338
Cost of Revenue
9,676
Gross Profit
7,662
Gross Margin
44.2%
Operating Income
2,904
Operating Margin
16.7%
Net Income
2,238
Net Margin
12.9%
EPS (Basic)
$5.21
EPS (Diluted)
$5.19
EBITDA
3,362
EBITDA Margin
19.4%
2022
12/31/2022
Revenue
13,195
Cost of Revenue
4,896
Gross Profit
8,299
Gross Margin
62.9%
Operating Income
3,962
Operating Margin
30.0%
Net Income
3,016
Net Margin
22.9%
EPS (Basic)
$6.19
EPS (Diluted)
$6.15
EBITDA
4,381
EBITDA Margin
33.2%
2021
12/31/2021
Revenue
11,224
Cost of Revenue
1,758
Gross Profit
9,466
Gross Margin
84.3%
Operating Income
5,503
Operating Margin
49.0%
Net Income
4,221
Net Margin
37.6%
EPS (Basic)
$7.40
EPS (Diluted)
$7.34
EBITDA
5,893
EBITDA Margin
52.5%
2020
12/31/2020
Revenue
12,827
Cost of Revenue
6,975
Gross Profit
5,852
Gross Margin
45.6%
Operating Income
1,797
Operating Margin
14.0%
Net Income
1,385
Net Margin
10.8%
EPS (Basic)
$2.28
EPS (Diluted)
$2.27
EBITDA
2,180
EBITDA Margin
17.0%