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Synchrony Financial (Synchrony Financial) Market Cap : $17,931 Mil (As of Apr. 26, 2024)


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What is Synchrony Financial Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Synchrony Financial's share price for the quarter that ended in Mar. 2024 was $43.12. Synchrony Financial's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 401 Mil. Therefore, Synchrony Financial's market cap for the quarter that ended in Mar. 2024 was $17,308 Mil.

Synchrony Financial's quarterly market cap increased from Sep. 2023 ($12,649 Mil) to Dec. 2023 ($15,539 Mil) and increased from Dec. 2023 ($15,539 Mil) to Mar. 2024 ($17,308 Mil).

Synchrony Financial's annual market cap declined from Dec. 2021 ($24,440 Mil) to Dec. 2022 ($14,400 Mil) but then increased from Dec. 2022 ($14,400 Mil) to Dec. 2023 ($15,539 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Synchrony Financial's Enterprise Value for Today is $15,265 Mil.


Synchrony Financial Market Cap Historical Data

The historical data trend for Synchrony Financial's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Synchrony Financial Market Cap Chart

Synchrony Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,179.46 20,270.99 24,439.64 14,399.81 15,538.59

Synchrony Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,459.27 14,182.26 12,649.41 15,538.59 17,308.37

Competitive Comparison of Synchrony Financial's Market Cap

For the Credit Services subindustry, Synchrony Financial's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Synchrony Financial's Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Synchrony Financial's Market Cap distribution charts can be found below:

* The bar in red indicates where Synchrony Financial's Market Cap falls into.



Synchrony Financial Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Synchrony Financial's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$38.19*406.876
=$15,539

Synchrony Financial's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$43.12*401.4
=$17,308

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Synchrony Financial  (NYSE:SYF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Synchrony Financial Market Cap Related Terms

Thank you for viewing the detailed overview of Synchrony Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Synchrony Financial (Synchrony Financial) Business Description

Address
777 Long Ridge Road, Stamford, CT, USA, 06902
Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).
Executives
Carol Juel officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Bart Schaller officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
David P Melito officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Brian D Doubles officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Jonathan S Mothner officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Maran Nalluswami officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Wenzel Brian J. Sr. officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Alberto Casellas officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Margaret M Keane director, officer: President and CEO 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Kamila K Chytil director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Curtis Howse officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Paul Whynott officer: See remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Thomas M Quindlen officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Henry F Greig officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
P.w. Parker director U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402

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