Synchrony Financial is a provider of consumer financial services intended to offer tools, technology, service and flexibility for all the ways people spend and save money. Its services include credit cards, promotional financing and deposit products, such as certificates of deposit and individual retirement accounts, enabling businesses and customers to achieve their goals.

Type
Public
HQ
Stamford, US
Size (employees)
15,000 (est)
Synchrony Financial is headquartered in Stamford, US
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Key People/Management at Synchrony Financial

Margaret Keane

Margaret Keane

President & Chief Executive Officer
Paget Alves

Paget Alves

Former Chief Sales Officer of Sprint Corporation
Arthur Coviello

Arthur Coviello

Former Executive Vice President of EMC Corporation, and Executive Chairman, RSA
William Graylin

William Graylin

Global Co-General Manager of Samsung Pay, Samsung Electronics America, Inc
Roy Guthrie

Roy Guthrie

Former Executive Vice President and Chief Financial Officer of Discover Financial Services, Inc
Richard Hartnack

Richard Hartnack

Former Vice Chairman and Head, Consumer and Small Business Banking of U.S. Bancorp
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Synchrony Financial Office Locations

Synchrony Financial has an office in Stamford
Stamford, US (HQ)
777 Long Ridge Rd
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Synchrony Financial Financials and Metrics

Synchrony Financial Financials

Synchrony Financial's revenue was reported to be $12.73 b in FY, 2014
USD

Revenue (Q3, 2017)

4.3 b

Gross profit (Q3, 2017)

4 b

Gross profit margin (Q3, 2017), %

91.7%

Net income (Q3, 2017)

555 m

EBIT (Q3, 2017)

3.9 b

Market capitalization (20-Apr-2018)

28 b
Synchrony Financial's current market capitalization is $28 b.
Annual
USDFY, 2014FY, 2015

Revenue

12.7 b

Cost of goods sold

922 m

Gross profit

11.8 b

Gross profit Margin, %

93%
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

3.6 b3.6 b3.9 b4 b4 b4.3 b

Cost of goods sold

311 m303 m315 m326 m333 m357 m

Gross profit

3.3 b3.3 b3.6 b3.7 b3.7 b4 b

Gross profit Margin, %

91%92%92%92%92%92%
usdY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016

Cash

1.2 b1.3 b2.3 b11.8 b12.3 b

Accounts Receivable

33.9 m46.4 m

Inventories

3.9 m6.1 m

Accounts Payable

14 m15.4 m
Annual
USDFY, 2014FY, 2015

Net Income

2.1 b

Inventories

9.5 m(16.4 m)

Accounts Payable

47.4 m41.2 m

Cash From Operating Activities

9.5 b497 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

582 m1.1 b1.7 b499 m995 m1.6 b

Depreciation and Amortization

54 m108 m164 m59 m118 m187 m

Accounts Payable

(449 m)(496 m)(321 m)(576 m)(242 m)282 m

Cash From Investing Activities

1.4 b(960 m)(2.2 b)
USDY, 2017

Revenue/Employee

287.3 k
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Synchrony Financial Operating Metrics

FY, 2014FY, 2015FY, 2016

Accounts (Deposits)

250 k400 k535 k

Customers (Deposits)

150 k230 k300 k

Customers' Calls Handled

209 m230 m260 m

Locations

338 k350 k365 k
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Synchrony Financial Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
GPShopper (71)March 21, 2017
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