Synchrony Financial (SYF-PB) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 2.18B | 2.45B | 2.64B | 2.56B | 2.2B | 2.35B | 2.76B | 2.48B | 2.25B | 2.32B | 2.48B | 1.91B | 1.89B | 1.85B | 1.63B | 1.82B | 1.4B | 2B | 1.81B | 1.44B |
| Operating CF Margin % | 38.96% | 51.49% | 54.55% | 54.33% | 45.8% | 47.83% | 55.37% | 50.81% | 45.95% | 48.86% | 55.56% | 45.48% | 47.94% | 49.99% | 49.08% | 57.77% | 46.13% | 67.86% | 66.58% | 54.15% |
| Operating CF Growth % | -0.77% | 4.29% | -4.56% | 3.06% | -2.14% | 1.55% | 11.32% | 30.19% | 19.19% | 25.45% | 51.9% | 5.01% | 35.1% | -7.83% | -9.97% | 26.09% | -24.09% | -3.93% | 22.39% | -39.48% |
| Net Income | 805M | 751M | 1.08B | 967M | 757M | 774M | 789M | 643M | 1.29B | 440M | 628M | 569M | 601M | 577M | 703M | 804M | 932M | 813M | 1.14B | 1.24B |
| Depreciation & Amortization | 143M | 139M | 128M | 122M | 125M | 120M | 121M | 121M | 119M | 118M | 116M | 113M | 111M | 101M | 105M | 106M | 107M | 105M | 93M | 97M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 561M | 25M | -194M |
| Deferred Taxes | 28M | 13M | 140M | -23M | 54M | -18M | -72M | -35M | 27M | -187M | -120M | -63M | -88M | -236M | -111M | -123M | 49M | -11M | 46M | 70M |
| Other Non-Cash Items | 1.21B | 1.08B | 1.22B | 1.3B | 1.62B | 1.72B | 1.74B | 1.74B | 970M | 2B | 1.67B | 1.58B | 1.45B | 1.4B | 1.11B | 767M | 668M | 103M | 154M | 135M |
| Working Capital Changes | 0 | 467M | 68M | 196M | -355M | -238M | 183M | 11M | -161M | -52M | 193M | -294M | -192M | 5M | -177M | 263M | -360M | 433M | 356M | 91M |
| Change in Receivables | 0 | -327M | -206M | -32M | -33M | -197M | 21M | 211M | -2M | -322M | -140M | -149M | -34M | -271M | -209M | 218M | 65M | -155M | -17M | 308M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 1.52B | -4.64B | -1.57B | -2.24B | 3.6B | -4.96B | -2.23B | -2.51B | 798M | -7.17B | -2.57B | -5.19B | 692M | -6.86B | -4.14B | -1.05B | 1.82B | -5.76B | -1.83B | -1.85B |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 92.7B | 95.71B | 92.71B | 92.31B | 102.33B | 107.8B | 104.54B | 104.98B | 104.74B | 107.04B | 100.75B | 99.09B | 95.14B | 97.35B | 90.88B | 87.48B | 87.64B | 90.38B | 85.28B | 84.1B |
| Other Investing | 2.71B | -4.85B | -1.77B | -2.06B | 3.23B | -4.23B | -2.62B | -2.84B | 1.42B | -6.32B | -4B | -4.93B | -375M | -6.94B | -4.03B | -679M | 1.3B | -5.89B | -2.1B | -2.66B |
| Cash from Financing | 1.88B | 918M | -4.96B | -2.82B | 2.12B | -617M | -1.23B | -1.37B | 2.6B | 3.47B | 3.03B | 216M | 2.91B | 2.38B | 4.78B | -899M | -976M | 2.55B | -1.62B | -5.15B |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | -962M | -870M | -504M | -605M | -101M | -302M | -305M | 188M | -253M | -152M | -303M | -404M | -701M | -950M | -701M | -968M | -982M | -1.3B | -393M |
| Dividends Paid | -21M | -127M | -130M | -135M | -118M | -118M | -120M | -119M | -113M | -114M | -114M | -109M | -111M | -113M | -120M | -119M | -124M | -130M | -135M | -138M |
| Share Repurchases | -900M | -962M | -870M | -504M | -605M | -101M | -302M | -305M | -300M | -253M | -152M | -303M | -404M | -701M | -950M | -701M | -968M | -982M | -1.3B | -393M |
| Other Financing | 1.9B | 1.26B | -2.37B | -1.17B | 1.3B | -223M | -801M | -443M | 2.38B | 3.09B | 2.3B | 1.33B | 2.69B | 3.33B | 3.69B | 2.87B | 1.27B | 1.91B | 513M | -2.91B |
| Net Change in Cash | 5.59B | -1.27B | -3.89B | -2.5B | 7.92B | -3.23B | -699M | -1.39B | 5.65B | -1.38B | 2.94B | -3.06B | 5.49B | -2.63B | 2.27B | -134M | 2.24B | -1.21B | -1.64B | -5.56B |
| Free Cash Flow | 2.18B | 2.45B | 2.64B | 2.56B | 2.2B | 2.35B | 2.76B | 2.48B | 2.25B | 2.32B | 2.48B | 1.91B | 1.89B | 1.85B | 1.63B | 1.82B | 1.4B | 2B | 1.81B | 1.44B |
| FCF Margin % | 38.96% | 51.49% | 54.55% | 54.33% | 45.8% | 47.83% | 55.37% | 50.81% | 45.95% | 48.86% | 55.56% | 45.48% | 47.94% | 49.99% | 49.08% | 57.77% | 46.13% | 67.86% | 66.58% | 54.15% |
| FCF Growth % | -0.77% | 4.29% | -4.56% | 3.06% | -2.14% | 1.55% | 11.32% | 30.19% | 19.19% | 25.45% | 51.9% | 5.01% | 35.1% | -7.83% | -9.97% | 26.09% | -24.09% | -3.93% | 22.39% | -39.48% |
| FCF per Share | 6.31 | 6.86 | 6.95 | 6.75 | 5.65 | 5.96 | 6.97 | 6.17 | 5.51 | 5.59 | 5.93 | 4.50 | 4.31 | 4.11 | 3.47 | 3.67 | 2.69 | 3.69 | 3.21 | 2.48 |
| FCF Conversion (FCF/Net Income) | 2.71x | 3.27x | 2.45x | 2.65x | 2.91x | 3.04x | 3.50x | 3.86x | 1.74x | 5.27x | 3.95x | 3.35x | 3.14x | 3.20x | 2.32x | 2.26x | 1.50x | 2.46x | 1.59x | 1.16x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |