Zacks Investment Research·4 days ago
Micron & 2 Profitable Stocks to Buy in July for Explosive UpsideMU, CRDO and SNX screened as profitable July stock picks, backed by strong net income ratios and solid earnings growth prospects.
TD Synnex Corp(SNX)Earnings, Financials & Key Ratios
SNX•NYSE
$235.67
23.7× P/E·Price updated Jul 7, 2026
AboutTD SYNNEX Corporation provides business process services in the United States and internationally. The company distributes PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, consumer electronics, information technology (IT) systems including data center server and storage solutions, system components, software, networking, communications and security equipment, consumer electronics, and complementary products. It also provides systems design and integration solutions, build-to-order, and configure-to-order assembly capabilities; logistics services that comprise outsourced fulfillment, virtual distribution, and direct ship to end-users; cloud services; online services; and financing services comprising net terms, third party leasing, floor plan financing, and letters of credit backed financing and arrangements. In addition, the company offers marketing services, such as direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves resellers, system integrators, and retailers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California.Show more
- Revenue$62.51B+6.9%
- EBITDA$1.84B+12.2%
- Net Income$828M+20.1%
- EPS (Diluted)9.95+25.2%
- Gross Margin6.99%+15.5%
- EBITDA Margin2.94%+5.0%
- Operating Margin2.28%+8.2%
- Net Margin1.32%+12.3%
- ROE10.04%+18.2%
SNX Price & Volume
TD Synnex Corp (SNX) stock price & volume — 10-year historical chart
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Revenue Acceleration Masks Persistent Structural Margin Constraints
Investment Thesis • Updated 2026Q2
VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Working capital volatility
Key Thesis Takeaways
- TD Synnex has successfully leveraged enterprise hardware refresh cycles to drive a 31.0% year-over-year revenue growth in 2026Q2, though the company remains tethered to a thin 1.32% net margin profile that limits pricing power.
- While aggressive deleveraging has reduced the debt-to-equity ratio to 0.13, investors should monitor the volatility in free cash flow, which swung to a negative 1.7% margin in the most recent quarter.
- The firm's commitment to returning over $150 million to shareholders in 2026Q2 despite inconsistent cash conversion suggests a management strategy that may prioritize capital returns over internal liquidity buffers.
Verdict Logic
while the company has successfully reduced total debt to $1.1 billion, the extreme volatility in cash conversion and thin net margins warrant caution regarding the sustainability of current earnings growth.
SNX Growth Metrics
TD Synnex Corp (SNX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years16.7%
5 Years25.63%
3 Years0.09%
TTM16.26%
Profit CAGR
10 Years14.78%
5 Years9.36%
3 Years8.32%
TTM56.54%
EPS CAGR
10 Years6.5%
5 Years-0.51%
3 Years13.7%
TTM63.08%
Return on Capital
10 Years10.87%
5 Years9.31%
3 Years10.19%
Last Year10.8%
SNX Recent Earnings
TD Synnex Corp (SNX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 7/12 qtrs (58%)
Q3 2026Latest
Jun 25, 2026Metric
Actual
Est
EPS
$4.85+17.1%
$4.14
Rev
$19.6B+16.5%
$16.8B
Q2 2026
Mar 31, 2026Metric
Actual
Est
EPS
$4.73+43.8%
$3.29
Rev
$17.2B+10.1%
$15.6B
Q1 2026
Jan 8, 2026Metric
Actual
Est
EPS
$3.83+4.1%
$3.68
Rev
$17.4B+2.5%
$17.0B
Q4 2025
Sep 25, 2025Metric
Actual
Est
EPS
$3.58+17.4%
$3.05
Rev
$15.7B+3.6%
$15.1B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 25, 2026 | $4.85vs $4.14+17.1% | $19.6Bvs $16.8B+16.5% |
| Q2 2026 | Mar 31, 2026 | $4.73vs $3.29+43.8% | $17.2Bvs $15.6B+10.1% |
| Q1 2026 | Jan 8, 2026 | $3.83vs $3.68+4.1% | $17.4Bvs $17.0B+2.5% |
| Q4 2025 | Sep 25, 2025 | $3.58vs $3.05+17.4% | $15.7Bvs $15.1B+3.6% |
Based on last 12 quarters of dataView full earnings history →
Latest SNX News
Recent stock market news and headlines for TD Synnex Corp (SNX)
Zacks Investment Research·Jun 30, 2026
SNX Q2 Earnings Call Takeaways: Hyve Growth Drives AI DemandTD SYNNEX posts a record Q2 FY2026 as AI-driven infrastructure demand and Hyve Solutions growth fuel strong results, with hyperscaler wins and distribution strength.
Zacks Investment Research·Jun 29, 2026
Best Value Stocks to Buy for June 29thDAKT, IX and SNX made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 29, 2026.
GuruFocus·Jun 26, 2026
TD Synnex Corp (SNX) Shares Fall 4.1% -- GF Value Says Still OvervaluedValuation Assessment of TD Synnex Corp (SNX) On June 26, 2026, TD Synnex Corp (SNX) shares fell 4.1% to a current price of $266.27. This decline comes after a
Zacks Investment Research·Jun 26, 2026
SNX Q2 Earnings Beat Estimates on Broad-Based Growth & Hyve StrengthSNX delivers a strong fiscal Q2 earnings beat as broad-based growth and surging Hyve demand drive record billings and support upbeat Q3 guidance.
Peers Comparison
Key metrics vs top competitors for TD Synnex Corp (SNX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $235.67 | $18.85B | 23.69 | 6.94% | 1.32% | 10.04% | 0.75% | |
| $81.48 | $6.67B | 29.63 | -6.55% | 0.86% | 4.33% | — | |
| $193.88 | $9.91B | 17.74 | 10.49% | 2.17% | 11.03% | — | |
| $27.14 | $6.29B | 19.53 | 9.53% | 0.66% | 8.61% | — | |
| $139.23 | $17.79B | 17.23 | 6.79% | 4.7% | 42.37% | — | |
| $51.53 | $1.05B | 17.18 | -6.72% | 2.38% | 8.07% | — |
Compare SNX vs Peers
TD Synnex Corp (SNX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SNX SEC Filings & Documents
TD Synnex Corp (SNX) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Jul 2, 2026·SEC
Material company update
Jun 29, 2026·SEC
Material company update
Jun 25, 2026·SEC
10-K Annual Reports
210-Q Quarterly Reports
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SNX Frequently Asked Questions
TD Synnex Corp (SNX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is TD Synnex Corp's revenue?
TD Synnex Corp (SNX) reported $69.77B in revenue for fiscal year 2025. This represents a 1752% increase from $3.77B in 2002.
How fast is TD Synnex Corp growing?
TD Synnex Corp (SNX) grew revenue by 6.9% over the past year. This is steady growth.
Is SNX profitable?
Yes, TD Synnex Corp (SNX) is profitable, generating $1.14B in net income for fiscal year 2025 (1.3% net margin).
Dividend & Returns
Does SNX pay dividends?
Yes, TD Synnex Corp (SNX) pays a dividend with a yield of 0.75%. This makes it attractive for income-focused investors.
What is SNX's return on equity?
TD Synnex Corp (SNX) has a return on equity (ROE) of 10.0%. This is reasonable for most industries.
What is TD Synnex Corp's free cash flow?
TD Synnex Corp (SNX) generated $374.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.