SNX Synnex margins

Relative Growth: Rel. Growth: 95

Relative Strength: Rel. Strength: 74

Relative Valuation: Rel. Valuation: 93

Relative Profitability: Rel. Profitability: 58

Gross margin

6.9%

Operating margin

2.7%

EBITDA margin

3.3%

Net margin

1.8%

Using the latest TTM figures, Synnex shows a gross margin of 6.9%, an operating margin of 2.7%, an EBITDA margin of 3.3%, and a net margin of 1.8%. Operating margin led the remaining margin gains with 0.5 percentage points, while the other margins were unchanged.

SNX margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Synnex recorded average margins of 6.92% gross, 2.18% operating, 2.85% EBITDA, and 1.3% net. Synnex's current performance shows that operating, EBITDA, and net margins are above their three-year averages and gross margin is below its three-year average.

SNX margin expansion

Year-over-year margin changes in percentage points

Operating margin expanded by 0.5 percentage points, EBITDA margin by 0.4 percentage points, and net margin by 0.5 percentage points, while gross margin was unchanged.

Gross margin expansion

0pp

Operating margin expansion

0.5pp

EBITDA margin expansion

0.4pp

Net margin expansion

0.5pp

SNX Gross margin

Over the last 3 years, Synnex's gross margin averaged 6.92%. At present, Synnex's current gross margin is 6.9%, which is 0 percentage points below its three-year average. During this period, gross margin reached a high of 7.1% in Feb 2026 and a low of 6.7% in Feb 2025.

SNX Operating margin

Across the last 3 years, Synnex's operating margin averaged 2.18%. The current operating margin stands at 2.7%, 0.5 percentage points above its three-year average. Operating margin was highest at 2.7% in Aug 2026 and lowest at 1.9% in Nov 2023.

SNX EBITDA margin

Looking back over the last 3 years, Synnex recorded an average EBITDA margin of 2.85%. Synnex's current EBITDA margin is 3.3% and is 0.5 percentage points above its three-year average. The highest EBITDA margin for Synnex was 3.3% in Aug 2026, while the lowest was 2.6% in Nov 2023.

SNX Net margin

Throughout the last 3 years, Synnex had an average net margin of 1.3%. The current net margin stands at 1.8%, 0.5 percentage points above its three-year average. Looking back over the last 3 years, Synnex's net margin reached 1.8% at its highest point in Aug 2026 and 1.1% at its lowest in Nov 2023.

SNX margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 6.9%, SNX is below the Technology sector, the industry and its peers average. Compared to its Technology sector average of 52.3%, Synnex's gross margin is 87% lower.

SNX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Synnex's gross margin?

The current gross margin for SNX is 6.9% as of Aug 31, 2026.

What is Synnex's operating margin?

For the period ending Aug 31, 2026, SNX recorded an operating margin of 2.7%.

What is Synnex's EBITDA margin?

For the period ending Aug 31, 2026, SNX recorded an EBITDA margin of 3.3%.

What is Synnex's net margin?

The current net margin for SNX is 1.8% as of Aug 31, 2026.

What are the average margins of SNX?

Synnex's average margins over the last 3 years were 6.9% gross, 2.2% operating, 2.9% EBITDA, and 1.3% net.

What are the highest historical margins of SNX?

Synnex's highest recorded margins during the past 5 years were 7.1% gross in Feb 2026, 2.7% operating in Aug 2026, 3.3% EBITDA in Aug 2026, and 1.8% net in Aug 2026.

What are the lowest historical margins of SNX?

Synnex's lowest recorded margins during the past 5 years were 6% gross in Nov 2021, 1.5% operating in Aug 2022, 2.2% EBITDA in Aug 2022, and 0.9% net in Aug 2022.