SNXNYSEWholesale-Computers & Peripheral Equipment & SoftwareFiscal year ends November 30
TD SYNNEX CORP
Financials through Q3 FY2026, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 1, 2026
$248.57+1.82 (+0.74%)
Close on Oct 19, 2026
- Market cap
- $19.74B
- P/E (TTM)
- 15.1
- Dividend yield
- 0.71%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
7.0%+1.0 pts over 5 years
Operating margin
2.3%−0.3 pts over 5 years
Net margin
1.3%−1.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.9% | +0.1% | +25.6% | +16.7% | |
| Gross profit | +9.7% | +3.9% | +29.6% | +13.9% | |
| Operating income | +18.5% | +10.4% | +22.1% | +14.8% | |
| Net income | +20.1% | +8.3% | +9.4% | +14.8% | |
| EPS, diluted | +25.2% | +13.7% | -0.5% | +6.6% | |
| Free cash flow | +33.3% | – | -5.1% | +9.9% | |
| Dividend per share | +10.0% | +13.6% | +34.5% | +11.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 12.4% | 13.0% | 10.0% | |
| Return on assets | 4.9% | 4.2% | 2.6% | |
| Current ratio | 1.61 | 1.56 | 1.21 | |
| Debt to equity | 0.49 | 0.37 | 0.55 | |
| Net debt to EBITDA | 1.15× | 0.06× | 1.19× | |
| Interest coverage | 12.2× | 3.9× | 4.0× | |
| Inventory turnover | 8.3× | 7.2× | 6.5× | |
| Capex to revenue | 0.9% | 0.1% | 0.2% | |
| Diluted shares | 40M | 51M | 82M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Td Synnex generated $5.02B from operations and spent $3.17B on capital expenditure, dividends and share buybacks. 20% of that went back into the business.
Generated
$5.02B
Used
$3.17B
Capital expenditure$639.34M20%Dividends$580.05M18%Share buybacks$1.95B62%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.3%
×Asset turnover1.94×
×Equity multiplier3.91×
=Return on equity, FY202510.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 1.3% | 1.94× | 3.91× | 10.0% |
| FY2024 | 1.2% | 1.96× | 3.68× | 8.5% |
| FY2023 | 1.1% | 1.95× | 3.65× | 7.7% |
| FY2022 | 1.0% | 2.17× | 3.60× | 8.2% |
| FY2021 | 1.2% | 1.54× | 3.36× | 6.5% |
| FY2020 | 2.6% | 1.59× | 3.10× | 13.0% |
| FY2019 | 2.6% | 1.64× | 3.22× | 13.9% |
| FY2018 | 1.5% | 2.05× | 3.37× | 10.5% |
| FY2017 | 1.8% | 2.59× | 3.04× | 14.1% |
| FY2016 | 1.7% | 2.91× | 2.56× | 12.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$827.66M
- Cash generatingOperating cash flow above zero$1.53B
- Return on assets improvedROA up on the prior year2.3% → 2.7%
- Earnings backed by cashOperating cash flow above net income$1.53B vs $827.66M
- Less leverageLong-term debt to assets fell12.3% → 10.5%
- Better liquidityCurrent ratio rose1.24 → 1.21
- No dilutionShare count did not rise86M → 82M
- Gross margin improvedGross margin up on the prior year6.81% → 6.99%
- More efficientAsset turnover rose1.99 → 2.06