Is the business good?
How good a business is SNX?
TD SYNNEX Corporation earns 10% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
10%
Return on invested capital · cost of capital 9.0% · 1.3 points above what the capital costs: growth creates value
- Operating margin
- 2.6%
Operating margin · Electronics & Computer Distribution median 3.0% · 12 months to Q2 2026
- Cash conversion
- 0.33×
Cash conversion · 0.83× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- −3.8%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 2.6% |
| FY2021 | 2.0% |
| FY2022 | 1.7% |
| FY2023 | 1.9% |
| FY2024 | 2.0% |
| FY2025 | 2.3% |
Details›
- Gross margin12 months to Q2 2026
- 7.0%
- Operating margin12 months to Q2 2026
- 2.6%
- Net margin12 months to Q2 2026
- 1.6%
- Free cash flow margin
- 0.54%
- Revenue, trailing twelve months
- $69.8B
- Free cash flow, trailing twelve months
- $375M
- Net income, trailing twelve months
- $1.14B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 10%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Electronics & Computer Distribution
Ranks #1 of 6 by Smart Score