TD SYNNEX Corporation (SNX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$4.14	$4.85	+17.1%	—	$19.6B	—
Q1 26	$3.31	$4.73	+42.9%	—	$17.2B	—
Q4 25	$3.73	$3.83	+2.7%	—	$17.4B	—
Q3 25	$3.05	$3.58	+17.4%	—	$15.7B	—
Q2 25	$2.72	$2.99	+9.9%	—	$14.9B	—
Q1 25	$2.91	$2.8	-3.8%	—	$14.5B	—
Q4 24	$3.05	$3.09	+1.3%	—	$15.8B	—
Q3 24	$2.81	$2.86	+1.8%	—	$14.7B	—
Q2 24	$2.82	$2.73	-3.2%	—	$13.9B	—
Q1 24	$2.84	$2.99	+5.3%	—	$14B	—
Q4 23	$2.67	$3.13	+17.2%	—	$14.4B	—
Q3 23	$2.47	$2.78	+12.6%	—	$14B	—
Q2 23	$2.55	$2.43	-4.7%	—	$14.1B	—
Q1 23	$2.85	$2.93	+2.8%	—	$15.1B	—
Q4 22	$2.92	$3.44	+17.8%	—	$16.2B	—
Q3 22	$2.73	$2.74	+0.4%	—	$15.4B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$9.99	—	—	$62.5B	—
FY24	—	$7.99	—	—	$58.5B	—
FY23	—	$6.72	—	—	$57.6B	—
FY22	—	$6.79	—	—	$62.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$14.1B	$16.8B	$19.8B	$19.1B	$20B	$31.6B	$62.3B	$57.6B	$58.5B	$62.5B
YoY change	+5.42%	+19.3%	+17.9%	-3.53%	+4.76%	+58.3%	+97.2%	-7.68%	+1.56%	+6.94%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	14.1B	16.8B	19.8B	19.1B	20B	31.6B	62.3B	57.6B	58.5B	62.5B
Cost of revenue	12.8B	15.2B	17.8B	17.9B	18.8B	29.7B	58.4B	53.6B	54.5B	58.1B
Gross profit	1.3B	1.5B	1.9B	1.2B	1.2B	1.9B	3.9B	4B	4B	4.4B
Gross margin	9.12%	9.24%	9.75%	6.07%	5.98%	5.98%	6.26%	6.87%	6.81%	6.99%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	903.4M	1B	1.4B	636.8M	665.1M	1.2B	2.6B	2.7B	2.7B	2.9B
Operating expenses	903.4M	1B	1.4B	636.8M	665.1M	1.2B	2.6B	2.7B	2.7B	2.9B
Operating income	379.6M	507.3M	550.2M	520.4M	528.8M	735.4M	1.3B	1.3B	1.3B	1.4B
Operating margin	2.7%	3.03%	2.78%	2.73%	2.65%	2.33%	2.04%	2.23%	2.17%	2.28%
Non-operating income, net	5.5M	1.1M	-9M	27.1M	-13.6M	-111M	-223.5M	-206.4M	-80M	-8.2M
Pretax income	356.1M	463.1M	456.6M	473.3M	436.1M	466.5M	827.1M	789.5M	866M	1.1B
Income tax	121.1M	162.9M	156.6M	111.1M	101.6M	71.4M	175.8M	162.6M	176.9M	229.6M
Net income	235M	300.2M	300M	500.7M	529.2M	395.1M	651.3M	626.9M	689.1M	827.7M
Net margin	1.67%	1.79%	1.52%	2.63%	2.65%	1.25%	1.04%	1.09%	1.18%	1.32%
EBITDA	506.4M	668.3M	766.5M	920.6M	864.2M	888.1M	1.7B	1.7B	1.7B	1.8B
EPS	5.91	7.54	7.23	9.79	10.3	6.28	6.79	6.72	7.99	9.99
Diluted EPS	5.88	7.51	7.19	9.74	10.2	6.24	6.77	6.7	7.95	9.95

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	14B	14.4B	14B	13.9B	14.7B	15.8B	14.5B	14.9B	15.7B	17.4B	17.2B	19.6B
Cost of revenue	13B	13.4B	13B	13B	13.7B	14.8B	13.5B	13.9B	14.5B	16.2B	15.9B	18.2B
Gross profit	971.3M	1B	1B	973.5M	961M	1B	998M	1B	1.1B	1.2B	1.3B	1.3B
Gross margin	6.96%	7.07%	7.2%	6.98%	6.54%	6.57%	6.87%	7%	7.22%	6.87%	7.3%	6.84%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	659.5M	685.2M	671.5M	671.7M	657.5M	715M	692.5M	717.6M	743.9M	792.9M	762.8M	820.1M
Operating expenses	659.5M	685.2M	671.5M	671.7M	657.5M	715M	692.5M	717.6M	743.9M	792.9M	762.8M	820.1M
Operating income	311.8M	333.4M	334.2M	301.8M	303.5M	325.9M	305.5M	328.8M	386M	401.8M	489.4M	519.4M
Operating margin	2.23%	2.31%	2.39%	2.16%	2.07%	2.06%	2.1%	2.2%	2.47%	2.31%	2.85%	2.65%
Non-operating income, net	-74M	-40.2M	-34.5M	-41M	-2.2M	-2.3M	-2.8M	-743K	-1.5M	-3.2M	19.6M	8.4M
Pretax income	170.2M	227.1M	223.8M	184.2M	220.9M	237.2M	214.9M	238.1M	293.3M	311M	422.4M	429.9M
Income tax	30.9M	39.6M	51.7M	40.6M	42.4M	42.4M	47.3M	53.2M	66.5M	62.6M	95.5M	95.8M
Net income	139.3M	187.5M	172.1M	143.6M	178.6M	194.8M	167.5M	184.9M	226.8M	248.4M	326.9M	334.1M
Net margin	1%	1.3%	1.23%	1.03%	1.22%	1.23%	1.15%	1.24%	1.45%	1.43%	1.9%	1.71%
EBITDA	414.7M	443.3M	432M	405M	400.2M	427.1M	403.5M	432.3M	492.6M	506.8M	613.6M	633.1M
EPS	1.49	2.06	1.94	1.67	2.09	2.3	1.98	2.22	2.76	3.05	4.05	4.16
Diluted EPS	1.49	2.06	1.93	1.66	2.08	2.29	1.98	2.21	2.74	3.04	4.04	4.15

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2.3B	2.7B	1.7B	—	4.1B	—	—	9.1B	10.2B	12.5B	20.3B
Enterprise value	2.9B	4.1B	4.7B	—	4.3B	—	—	12.2B	13B	14.7B	26.1B
Shares outstanding	39.3M	39.6M	41.2M	50.7M	50.9M	62.2M	95.2M	92.6M	85.5M	82.1M	82.1M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	9.78	8.97	5.55	—	7.71	—	—	14.6	14.8	15.1	15.8
P/S	0.16	0.16	0.08	—	0.2	—	—	0.16	0.17	0.2	0.27
P/B	1.16	1.18	0.48	—	0.94	—	—	1.12	1.27	1.48	2.29
EV/EBITDA	5.68	6.1	6.08	—	4.96	—	—	7.15	7.82	8.01	10.5
EV/Sales	0.2	0.24	0.24	—	0.21	—	—	0.21	0.22	0.24	0.34
Earnings yield	10.2%	11.1%	18%	—	13%	—	—	6.87%	6.77%	6.61%	6.34%
FCF yield	8.77%	2.94%	-1.48%	—	40.1%	—	—	13.8%	10.2%	11.1%	-5.27%
PEG	—	—	—	—	—	—	—	—	—	—	0.18

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	9.12%	9.24%	9.75%	6.07%	5.98%	5.98%	6.26%	6.87%	6.81%	6.99%	6.84%
Operating margin	2.7%	3.03%	2.78%	2.73%	2.65%	2.33%	2.04%	2.23%	2.17%	2.28%	2.98%
Net margin	1.67%	1.79%	1.52%	2.63%	2.65%	1.25%	1.04%	1.09%	1.18%	1.32%	1.75%
ROE	11.9%	13.1%	8.73%	13.2%	12.2%	5%	8.12%	7.66%	8.58%	9.79%	14.9%
ROA	4.51%	3.9%	2.6%	4.28%	3.93%	1.43%	2.19%	2.13%	2.28%	2.42%	3.5%
ROIC	9.81%	8.96%	5.62%	6.05%	8.92%	5.64%	8.64%	9.08%	9.25%	10.5%	11.1%
Return on tangible assets	6.45%	6.27%	6.85%	10.3%	4.32%	3.95%	4.9%	4.78%	4.7%	4.47%	4.94%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.61	1.42	1.45	1.62	1.56	1.25	1.25	1.2	1.24	1.21	1.19
Quick ratio	0.91	0.89	0.96	1.06	1.08	0.78	0.7	0.77	0.76	0.75	0.64
Debt / equity	0.49	0.85	1.01	0.8	0.37	0.52	0.51	0.5	0.49	0.55	0.65
Debt / assets	0.18	0.25	0.3	0.26	0.12	0.15	0.14	0.14	0.13	0.13	0.12
Net debt / EBITDA	1.14	2.07	3.91	3.03	0.24	3.54	2.06	1.79	1.71	1.19	1.61
Interest coverage	13.3	11.2	6.39	7.38	6.52	3.96	4.72	3.74	3.71	3.96	5.01
Effective tax rate	34%	35.2%	34.3%	23.5%	23.3%	15.3%	21.3%	20.6%	20.4%	21.7%	22%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	357.6	424	479.6	376.4	392.5	507.9	654.7	621.7	683.7	761.3	947.9
EPS (basic)	5.91	7.54	7.23	9.79	10.3	6.28	6.79	6.72	7.99	9.99	9.99
EPS (diluted)	5.88	7.51	7.19	9.74	10.2	6.24	6.77	6.7	7.95	9.95	16.4
Book value per share	50.2	57.7	83.3	74.8	85.2	127	84.3	88.4	94	102.9	112.8
FCF per share	5.12	2	-0.6	8.14	32.1	12.1	-1.75	13.6	12.2	16.9	4.7
Cash per share	9.81	14.1	11.1	4.45	27.7	16	5.49	11.2	12.4	29.7	9.48
Capex per share	3.13	2.47	3.04	2.71	3.89	0.88	1.23	1.62	1.55	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.88%	0.58%	0.63%	0.72%	0.99%	0.17%	0.19%	0.26%	0.23%	—	—
Capex / operating cash flow	36.9%	54.9%	132.5%	26.8%	11.1%	6.9%	-131.4%	11%	10.9%	—	—
Payout ratio	14.4%	13.9%	19.9%	15.3%	3.93%	12.7%	17.6%	20.8%	20%	17.7%	11.5%
Dividend yield	1.47%	1.55%	3.59%	—	0.51%	—	—	1.43%	1.36%	1.17%	0.75%

Yield

0.75%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.48

ex-dividend Jul 17, 2026

Payout ratio

11%

of earnings

Dividend growth

5 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 17, 2026	$0.48
Apr 15, 2026	$0.48
Jan 16, 2026	$0.48
Oct 17, 2025	$0.44
Jul 11, 2025	$0.44
Apr 11, 2025	$0.44
Jan 24, 2025

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$14B	$14.4B	$14B	$13.9B	$14.7B	$15.8B	$14.5B	$14.9B	$15.7B	$17.4B	$17.2B	$19.6B
YoY change	-9.09%	-11.3%	-7.6%	-0.81%	+5.19%	+9.98%	+3.98%	+7.16%	+6.58%	+9.69%	+18.1%	+31%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	385.8M	556.2M	457.3M	225.5M	1.4B	994M	522.6M	1B	1.1B	2.4B
Receivables	1.8B	2.8B	3.6B	3.9B	2.8B	8.3B	9.4B	10.3B	10.3B	11.7B
Inventory	1.7B	2.2B	2.4B	2.5B	2.7B	6.6B	9.1B	7.1B	8.3B	9.5B
Total current assets	4B	5.7B	7.2B	7.5B	8.8B	17.7B	20.5B	20.1B	21.3B	25.3B
Property, plant & equipment	348.3M	382.6M	626.7M	645M	630.3M	265.2M	201.2M	213.5M	217.1M	230M
Goodwill & intangibles	1.6B	2.9B	7.2B	6.8B	1.2B	17.7B	16.5B	16.3B	15.6B	15.7B
Total assets	5.2B	7.7B	11.5B	11.7B	13.5B	27.7B	29.7B	29.4B	30.3B	34.3B
Accounts payable	1.7B	2.6B	3B	3.1B	3.8B	12B	14B	13.3B	15.1B	17.6B
Short-term debt	362.9M	805.5M	833.2M	299M	125M	181.3M	268.1M	983.6M	171.1M	1B
Total current liabilities	2.5B	4B	5B	4.6B	5.6B	14.2B	16.4B	16.7B	17.2B	21B
Long-term debt	601.1M	1.1B	2.6B	2.7B	1.5B	4B	3.8B	3.1B	3.7B	3.6B
Total liabilities	3.2B	5.4B	8.1B	7.9B	9.1B	19.8B	21.7B	21.2B	22.2B	25.8B
Shareholders' equity	2B	2.3B	3.4B	3.8B	4.3B	7.9B	8B	8.2B	8B	8.5B
Total debt	964M	1.9B	3.5B	3B	1.6B	4.1B	4.1B	4.1B	3.9B	4.6B
Net debt	583.3M	1.4B	3B	2.8B	209.6M	3.1B	3.6B	3B	2.8B	2.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	1.3B	1B	1B	1.2B	853.9M	1.1B	541.9M	767.1M	874.4M	2.4B	1.6B	1.1B
Receivables	8.9B	10.3B	8.9B	8.9B	10B	10.3B	9.4B	10.1B	10.9B	11.7B	11.9B	13B
Inventory	7.5B	7.1B	7.1B	7.1B	7.7B	8.3B	8.4B	8.7B	9.1B	9.5B	11B	13.9B
Total current assets	19.2B	20.1B	18.6B	18.6B	20.1B	21.3B	20B	21.5B	22.6B	25.3B	26.1B	29.6B
Property, plant & equipment	—	213.5M	—	—	—	217.1M	—	—	—	230M	—	—
Goodwill & intangibles	16.4B	16.3B	16.1B	16B	16B	15.6B	15.4B	15.8B	16B	15.7B	15.7B	15.5B
Total assets	28.5B	29.4B	27.8B	27.7B	29.2B	30.3B	28.8B	30.5B	31.7B	34.3B	35.1B	38.5B
Accounts payable	12.5B	13.3B	12.4B	12.1B	13.9B	15.1B	13B	14.5B	15.7B	17.6B	18.1B	21.2B
Short-term debt	939.7M	983.6M	926.7M	860.1M	314.2M	171.1M	591M	382.4M	1.2B	1B	1.1B	1.1B
Total current liabilities	15.5B	16.7B	15.3B	14.7B	16B	17.2B	15.7B	17.1B	18.9B	21B	21.4B	24.7B
Long-term debt	3.1B	3.1B	3.1B	3.7B	3.7B	3.7B	3.7B	3.7B	3B	3.6B	3.6B	3.6B
Total liabilities	20.1B	21.2B	19.7B	19.8B	21B	22.2B	20.7B	17.1B	18.9B	21B	21.4B	24.7B
Shareholders' equity	8.4B	8.2B	8.1B	8B	8.2B	8B	8.1B	8.3B	8.5B	8.5B	8.8B	9B
Total debt	4.1B	4.1B	4B	4.6B	4.1B	3.9B	4.3B	4.1B	4.2B	4.6B	4.7B	4.7B
Net debt	2.8B	3B	3B	3.4B	3.2B	2.8B	3.8B	3.3B	3.4B	2.2B	3.2B	3.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	235M	300.2M	300M	500.7M	529.2M	395.1M	651.3M	626.9M	689.1M	827.7M
Depreciation & amortization	121.3M	159.9M	225.3M	372.1M	341.6M	151.7M	463.4M	418.3M	407.5M	414.2M
Stock-based compensation	14M	17.4M	22.7M	28M	33.2M	53.2M	91.2M	85M	69.2M	66.4M
Change in working capital	-29.7M	-278.9M	-404M	-361.3M	911.5M	186.5M	-1.2B	326.8M	77.2M	228.4M
Operating cash flow	334.3M	177.6M	94.6M	511.9M	1.8B	795.2M	-89.1M	1.4B	1.2B	1.5B
Capital expenditure	-123.2M	-97.5M	-125.3M	-137.4M	-198M	-54.9M	-117M	-150M	-132.2M	—
Investing cash flow	-531.9M	-654.3M	-1.2B	-146.8M	-209.5M	-952.3M	-115.5M	-156.4M	-193.8M	-78.5M
Dividends paid	-33.7M	-41.8M	-59.7M	-76.6M	-20.8M	-50.3M	-114.9M	-130.4M	-138.1M	-146.4M
Share repurchases	-16M	-9.9M	-72.4M	-23.1M	-18.6M	-9.9M	-136.1M	-639.6M	-636.6M	-627.2M
Financing cash flow	180.2M	638.7M	1B	-631.7M	-291.7M	-392.1M	-179M	-785.9M	-953.1M	-32.9M
Net change in cash	-17.4M	162M	-83.9M	-266.6M	1.3B	-549.2M	-383.6M	420.3M	69.9M	1.4B
Free cash flow	201.5M	79.2M	-24.6M	412.5M	1.6B	754.9M	-166.7M	1.3B	1B	1.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	139.3M	187.5M	172.1M	143.6M	178.6M	194.8M	167.5M	184.9M	226.8M	248.4M	326.9M	334.1M
Depreciation & amortization	105.3M	103.4M	100.6M	106.3M	98.2M	102.4M	99.7M	103.6M	105.8M	105.1M	104.7M	105.3M
Stock-based compensation	20.4M	21.3M	17.5M	13.4M	16.2M	22.1M	21.9M	11.9M	12.4M	20.2M	23.6M	17.9M
Change in working capital	323.4M	-27.1M	82.1M	-376.2M	92.5M	278.9M	-1B	603.8M	-10M	656.2M	-1.2B	-787.7M
Operating cash flow	581.1M	287.8M	373.5M	-108.4M	388.7M	591.9M	-754.4M	905.9M	246.1M	1.5B	-895.9M	-265.6M
Capital expenditure	-39.8M	-42.6M	-41.1M	-37.8M	-47.1M	-6.2M	-41.5M	-30.2M	—	—	—	—
Investing cash flow	-48.1M	-43.3M	-67.9M	-32.9M	-65.9M	-12.3M	-44.5M	-26.5M	-73.1M	-6.1M	21.5M	13M
Dividends paid	-32.7M	-31.5M	-35.7M	-34.2M	-34.2M	-34M	-37.2M	-36.9M	-36.3M	-36M	-38.7M	-38.5M
Share repurchases	-103.8M	-353.2M	-204M	-255.6M	-57.9M	-119M	-104.8M	-153.4M	-174.3M	-194.7M	-83.3M	-115.5M
Financing cash flow	-215.4M	-380.3M	-311.2M	-1.1B	-638M	-297.7M	288.6M	-415.2M	-59.4M	161.8M	7.6M	-139.5M
Net change in cash	317.6M	-135.7M	-5.6M	-1.2B	-315.2M	282M	-510.3M	464.1M	113.7M	1.6B	-866.7M	-392.1M
Free cash flow	552.1M	168.1M	343.6M	-152.5M	338.6M	512.9M	-789.5M	542.9M	213.9M	1.4B	-929M	-332.4M

TD SYNNEX Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history