The historical rank and industry rank for Synchrony Financial's Pretax Margin % or its related term are showing as below:
SYF'
s Pretax Margin % Range Over the Past 10 Years
Min: 16.1 Med: 33.24 Max: 53.99
Current: 27.62
SYF's Pretax Margin % is ranked better than 61.21% of 531
companies
in the Credit Services industry
Industry Median: 19.32
vs SYF: 27.62
Synchrony Financial Pretax Margin % Historical Data
The historical data trend for Synchrony Financial's Pretax Margin % 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.
Competitive Comparison of Synchrony Financial's Pretax Margin %
For the Credit Services subindustry, Synchrony Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Synchrony Financial's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Synchrony Financial's Pretax Margin % falls into.
Synchrony Financial Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Synchrony Financial's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Synchrony Financial Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Synchrony Financial's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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).
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