Synchrony Financial Gross Margin 2012-2024 | SYF

Synchrony Financial gross margin for the quarter ending September 30, 2024 was 80.8%.

  • Synchrony Financial average gross margin for 2023 was 85.32%, a 8.45% decline from 2022.
  • Synchrony Financial average gross margin for 2022 was 93.19%, a 1.08% decline from 2021.
  • Synchrony Financial average gross margin for 2021 was 92.19%, a 3.72% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Synchrony Financial Gross Margin 2012-2024 | SYF

  • Synchrony Financial average gross margin for 2023 was 85.32%, a 8.45% decline from 2022.
  • Synchrony Financial average gross margin for 2022 was 93.19%, a 1.08% decline from 2021.
  • Synchrony Financial average gross margin for 2021 was 92.19%, a 3.72% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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