{ "ok": true, "cik": "1177394", "ticker": "SNX", "name": "TD SYNNEX CORPORATION", "filings": [ { "form": "8-K", "filed": "2026-09-30", "items": [ "1.01 Entry into a Material Definitive Agreement", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1177394/000162828026063963/0001628280-26-063963-index.htm" }, { "form": "8-K", "filed": "2026-09-24", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1177394/000162828026063314/0001628280-26-063314-index.htm" }, { "form": "8-K", "filed": "2026-08-03", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1177394/000162828026051808/0001628280-26-051808-index.htm" }, { "form": "8-K", "filed": "2026-07-16", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1177394/000162828026048449/0001628280-26-048449-index.htm" }, { "form": "8-K", "filed": "2026-07-02", "items": [ "1.01 Entry into a Material Definitive Agreement", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1177394/000162828026046896/0001628280-26-046896-index.htm" }, { "form": "10-Q", "filed": "2026-07-02", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1177394/000162828026046858/0001628280-26-046858-index.htm" } ], "events12m": 17, "healthWatch": { "window": "last 12 months", "since": "2025-10-01", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 5, "latest": { "filed": "2026-08-03", "url": "https://www.sec.gov/Archives/edgar/data/1177394/000162828026051808/0001628280-26-051808-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001177394.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1177394" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up TD SYNNEX CORPORATION ($SNX). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-09-30. 17 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-11-30", "revenue": 62508086000, "revenueGrowth1y": 0.069383763578305, "revenueGrowthPerYear": 0.1858059020483105, "yearsOfData": 5, "operatingMargin": 0.022635775473912288, "operatingMarginPrior": 0.02043047444592386, "netMargin": 0.013240846952184714, "operatingCashFlow": 1531704000, "capitalSpending": 142282000, "freeCashFlow": 1389422000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 2435389000, "longTermDebt": 4633822000, "longTermDebtChange": 0.17990078674956678, "revenueHistory": [ { "fiscalYearEnd": "2021-11-30", "revenue": 31614169000 }, { "fiscalYearEnd": "2022-11-30", "revenue": 62343810000 }, { "fiscalYearEnd": "2023-11-30", "revenue": 57555416000 }, { "fiscalYearEnd": "2024-11-30", "revenue": 58452436000 }, { "fiscalYearEnd": "2025-11-30", "revenue": 62508086000 } ], "totalEquity": 8450429000, "totalAssets": 34250898000, "equityRatio": 0.2467213852320018, "returnOnEquity": 0.09794295650552179, "dividendsPaid": 146381000, "payoutRatio": 0.17686127153662132, "dividendPerShare": 1.76, "dividendYearsRising": 5, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 9.99, "sharesOutstanding": 82430000, "bookValuePerShare": 102.51642605847385, "revenuePerShare": 758.3171903433216, "range80": { "low": 44129746288.04261, "high": 86667537641.25702, "baseline": 64704036531.95925, "n": 1471, "band": "b10", "bandLabel": "$10B+", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.3445148483632734, "classVolatility": 0.06659579566308972, "volatility": 0.24811839990493376 }, "ifPaceHeld": { "low": 44129746288.04261, "high": 86667537641.25702 } }, "edgarette": "🔖 Exposure: revenue $62.5B (FY2025), total debt $4.6B. Experience: revenue up 6.9% on the year, up 18.6% a year over 4 years; operating margin 2.3%, up from 2.0%. Soundness: equity 24.7% of assets, return on equity 9.8%, payout 17.7% of profit, dividend per share up 5 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $44.1B and $86.7B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $32.8B to $113.6B. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, its industry group): operating margin 2.3% against a 3.5% median; growth 6.9% against 4.0%.", "peers": { "sic": 5045, "sicDescription": "Wholesale-Computers & Peripheral Equipment & Software", "calendarYear": 2025, "minRevenue": 50000000, "depth": 3, "group": "504", "growth": [ 0.0403, 9 ], "opMargin": [ 0.0346, 9 ], "equityRatio": [ 0.2893, 9 ], "returnOnEquity": [ 0.095, 8 ] }, "summary": "Td Synnex (SNX) grew revenue 6.9% in FY2025 to $62.5 billion, operating margin 2.3% against a 3.5% median for wholesale-computers & peripheral equipment & software, equity 24.7% of assets, and dividend per share up 5 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
TD SYNNEX CORPORATION against its own record and its peers
Operating marginPeer median 3.5%2.3%Revenue, on the yearPeer median 4.0%6.9%Equity of assetsPeer median 28.9%24.7%Return on equityPeer median 9.5%9.8%Payout of profit17.7%Gold tick: the median of 8–9 peers with $50M+ revenue in wholesale-computers & peripheral equipment & software
", "chartHorizon": "
Handed back now, or kept to compound · of each dollar of profit
17.7% paid out82.3% keptHanded back per share$1.76up 5 years runningGrowth its own profit can fund8.1%managed 6.9% last year

Gold paid out, navy kept. Kept share Ă— return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 13, "hits": 6, "rate": 0.46153846153846156, "method": "v4", "byYear": { "2013": [ 1, 1 ], "2014": [ 0, 1 ], "2015": [ 0, 1 ], "2016": [ 1, 1 ], "2017": [ 0, 1 ], "2018": [ 1, 1 ], "2019": [ 0, 1 ], "2020": [ 1, 1 ], "2021": [ 0, 1 ], "2022": [ 0, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-10-01T14:01:01.999Z", "hash": "9c571ff79c528844", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Td Synnex (SNX) grew revenue 6.9% in FY2025 to $62.5 billion, operating margin 2.3% against a 3.5% median for wholesale-computers & peripheral equipment & software, equity 24.7% of assets, and dividend per share up 5 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-11-30", "revenue": 62508086000, "totalDebt": 4633822000, "cash": 2435389000 }, "experience": { "revenueGrowth1y": 0.069383763578305, "revenueGrowthPerYear": 0.1858059020483105, "operatingMargin": 0.022635775473912288, "operatingMarginPrior": 0.02043047444592386, "netMargin": 0.013240846952184714, "freeCashFlow": 1389422000 }, "soundness": { "equityRatio": 0.2467213852320018, "returnOnEquity": 0.09794295650552179, "payoutRatio": 0.17686127153662132, "dividendPerShare": 1.76, "dividendYearsRising": 5, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 5045, "sicDescription": "Wholesale-Computers & Peripheral Equipment & Software", "calendarYear": 2025, "minRevenue": 50000000, "depth": 3, "group": "504", "growth": [ 0.0403, 9 ], "opMargin": [ 0.0346, 9 ], "equityRatio": [ 0.2893, 9 ], "returnOnEquity": [ 0.095, 8 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-10-01", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 5, "latest": { "filed": "2026-08-03", "url": "https://www.sec.gov/Archives/edgar/data/1177394/000162828026051808/0001628280-26-051808-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 44129746288.04261, "high": 86667537641.25702, "baseline": 64704036531.95925, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 1471, "sizeBand": "$10B+", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341, "coverageAllYears": 0.6904374799277399, "stressCoverageAllYears": 0.819004992974709, "outcomeYears": [ 2019, 2025 ] }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.3445148483632734, "classVolatility": 0.06659579566308972, "pricedVolatility": 0.24811839990493376, "k": 3 }, "stress": { "low": 32806927008.29858, "high": 113583592923.692, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 13, "hits": 6, "rate": 0.46153846153846156, "method": "v4", "byYear": { "2013": [ 1, 1 ], "2014": [ 0, 1 ], "2015": [ 0, 1 ], "2016": [ 1, 1 ], "2017": [ 0, 1 ], "2018": [ 1, 1 ], "2019": [ 0, 1 ], "2020": [ 1, 1 ], "2021": [ 0, 1 ], "2022": [ 0, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-10-01T14:01:01.999Z", "hash": "9c571ff79c528844", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001177394.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1177394" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.0245, "growth3y": 0.0009, "volatility": 0.3445, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.2467, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "fading", "inside": "Turns 2.5% of revenue into operating cash; revenue growing 0.1% a year over three years; pays and raised its dividend.", "outside": "Among $10B+ companies: 9th percentile for cash, 26th for growth.", "emoji": "🍂", "label": "Fading", "plain": "slow and jumpy, lagging its peers" }, "band": "$10B+", "cashPctInClass": 9, "growthPctInClass": 26, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±33%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 2, "name": "Weathered boat", "plain": "two warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-11-30", "operating": 1531704000, "investing": -221166000, "financing": -32869000, "capitalSpending": 142282000, "free": 1389422000, "trend": [ { "fiscalYearEnd": "2021-11-30", "operating": 809787000, "free": 754895000 }, { "fiscalYearEnd": "2022-11-30", "operating": -49604000, "free": -166653000 }, { "fiscalYearEnd": "2023-11-30", "operating": 1407373000, "free": 1257366000 }, { "fiscalYearEnd": "2024-11-30", "operating": 1217724000, "free": 1042612000 }, { "fiscalYearEnd": "2025-11-30", "operating": 1531704000, "free": 1389422000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-11-30", "cash": 2435389000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 34250898000, "ladder": null, "currentRatio": 1.21, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.0245, "growth3y": 0.0009, "volatility": 0.3445, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.2467, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "fading", "inside": "Turns 2.5% of revenue into operating cash; revenue growing 0.1% a year over three years; pays and raised its dividend.", "outside": "Among $10B+ companies: 9th percentile for cash, 26th for growth.", "emoji": "🍂", "label": "Fading", "plain": "slow and jumpy, lagging its peers" }, "band": "$10B+", "cashPctInClass": 9, "growthPctInClass": 26, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±33%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 2, "name": "Weathered boat", "plain": "two warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-11-30", "operating": 1531704000, "investing": -221166000, "financing": -32869000, "capitalSpending": 142282000, "free": 1389422000, "trend": [ { "fiscalYearEnd": "2021-11-30", "operating": 809787000, "free": 754895000 }, { "fiscalYearEnd": "2022-11-30", "operating": -49604000, "free": -166653000 }, { "fiscalYearEnd": "2023-11-30", "operating": 1407373000, "free": 1257366000 }, { "fiscalYearEnd": "2024-11-30", "operating": 1217724000, "free": 1042612000 }, { "fiscalYearEnd": "2025-11-30", "operating": 1531704000, "free": 1389422000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-11-30", "cash": 2435389000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 34250898000, "ladder": null, "currentRatio": 1.21, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }