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Side-by-side financial comparison of TD SYNNEX CORP (SNX) and Wells Fargo (WFC). Click either name above to swap in a different company.

Wells Fargo is the larger business by last-quarter revenue ($21.3B vs $17.4B, roughly 1.2× TD SYNNEX CORP). Wells Fargo runs the higher net margin — 25.2% vs 1.4%, a 23.7% gap on every dollar of revenue. On growth, TD SYNNEX CORP posted the faster year-over-year revenue change (9.7% vs 4.5%). Over the past eight quarters, TD SYNNEX CORP's revenue compounded faster (11.5% CAGR vs 1.0%).

TD Synnex Corporation is an American IT distribution company with a workforce of 22,000 in over 100 countries. It was formed in 2021 by the merger of Synnex and Tech Data. TD Synnex is led by CEO Patrick Zammit.

Wells Fargo & Company is an American multinational financial services company. The company operates in 35 countries and serves more than 70 million customers worldwide. It is a systemically important financial institution according to the Financial Stability Board, and is considered one of the "Big Four Banks" in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup.

SNX vs WFC — Head-to-Head

Bigger by revenue
WFC
WFC
1.2× larger
WFC
$21.3B
$17.4B
SNX
Growing faster (revenue YoY)
SNX
SNX
+5.2% gap
SNX
9.7%
4.5%
WFC
Higher net margin
WFC
WFC
23.7% more per $
WFC
25.2%
1.4%
SNX
Faster 2-yr revenue CAGR
SNX
SNX
Annualised
SNX
11.5%
1.0%
WFC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SNX
SNX
WFC
WFC
Revenue
$17.4B
$21.3B
Net Profit
$248.4M
$5.4B
Gross Margin
6.9%
Operating Margin
2.3%
30.7%
Net Margin
1.4%
25.2%
Revenue YoY
9.7%
4.5%
Net Profit YoY
27.5%
5.6%
EPS (diluted)
$3.02
$1.61

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SNX
SNX
WFC
WFC
Q4 25
$17.4B
$21.3B
Q3 25
$15.7B
$21.4B
Q2 25
$14.9B
$20.8B
Q1 25
$14.5B
$20.1B
Q4 24
$15.8B
$20.4B
Q3 24
$14.7B
$20.4B
Q2 24
$13.9B
$20.7B
Q1 24
$14.0B
$20.9B
Net Profit
SNX
SNX
WFC
WFC
Q4 25
$248.4M
$5.4B
Q3 25
$226.8M
$5.6B
Q2 25
$184.9M
$5.5B
Q1 25
$167.5M
$4.9B
Q4 24
$194.8M
$5.1B
Q3 24
$178.6M
$5.1B
Q2 24
$143.6M
$4.9B
Q1 24
$172.1M
$4.6B
Gross Margin
SNX
SNX
WFC
WFC
Q4 25
6.9%
Q3 25
7.2%
Q2 25
7.0%
Q1 25
6.9%
Q4 24
6.6%
Q3 24
6.5%
Q2 24
7.0%
Q1 24
7.2%
Operating Margin
SNX
SNX
WFC
WFC
Q4 25
2.3%
30.7%
Q3 25
2.5%
32.2%
Q2 25
2.2%
30.9%
Q1 25
2.1%
26.4%
Q4 24
2.0%
26.4%
Q3 24
2.1%
30.6%
Q2 24
1.9%
29.8%
Q1 24
2.2%
26.8%
Net Margin
SNX
SNX
WFC
WFC
Q4 25
1.4%
25.2%
Q3 25
1.4%
26.1%
Q2 25
1.2%
26.4%
Q1 25
1.2%
24.3%
Q4 24
1.2%
24.9%
Q3 24
1.2%
25.1%
Q2 24
1.0%
23.7%
Q1 24
1.2%
22.1%
EPS (diluted)
SNX
SNX
WFC
WFC
Q4 25
$3.02
$1.61
Q3 25
$2.74
$1.66
Q2 25
$2.21
$1.60
Q1 25
$1.98
$1.39
Q4 24
$2.28
$1.42
Q3 24
$2.08
$1.42
Q2 24
$1.66
$1.33
Q1 24
$1.93
$1.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SNX
SNX
WFC
WFC
Cash + ST InvestmentsLiquidity on hand
$2.4B
Total DebtLower is stronger
$3.6B
$174.7B
Stockholders' EquityBook value
$8.5B
$181.1B
Total Assets
$34.3B
$2148.6B
Debt / EquityLower = less leverage
0.43×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNX
SNX
WFC
WFC
Q4 25
$2.4B
Q3 25
$874.4M
Q2 25
$767.1M
Q1 25
$541.9M
Q4 24
$1.1B
Q3 24
$853.9M
Q2 24
$1.2B
Q1 24
$1.0B
Total Debt
SNX
SNX
WFC
WFC
Q4 25
$3.6B
$174.7B
Q3 25
$3.0B
$177.8B
Q2 25
$3.7B
$176.2B
Q1 25
$3.7B
$173.7B
Q4 24
$3.7B
$173.1B
Q3 24
$3.7B
$182.0B
Q2 24
$3.7B
$179.1B
Q1 24
$3.1B
$187.8B
Stockholders' Equity
SNX
SNX
WFC
WFC
Q4 25
$8.5B
$181.1B
Q3 25
$8.5B
$181.2B
Q2 25
$8.3B
$181.1B
Q1 25
$8.1B
$181.1B
Q4 24
$8.0B
$179.1B
Q3 24
$8.2B
$183.3B
Q2 24
$8.0B
$176.4B
Q1 24
$8.1B
$180.9B
Total Assets
SNX
SNX
WFC
WFC
Q4 25
$34.3B
$2148.6B
Q3 25
$31.7B
$2062.9B
Q2 25
$30.5B
$1981.3B
Q1 25
$28.8B
$1950.3B
Q4 24
$30.3B
$1929.8B
Q3 24
$29.2B
$1922.1B
Q2 24
$27.7B
$1940.1B
Q1 24
$27.8B
$1959.2B
Debt / Equity
SNX
SNX
WFC
WFC
Q4 25
0.43×
0.96×
Q3 25
0.36×
0.98×
Q2 25
0.45×
0.97×
Q1 25
0.46×
0.96×
Q4 24
0.46×
0.97×
Q3 24
0.46×
0.99×
Q2 24
0.47×
1.02×
Q1 24
0.38×
1.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SNX
SNX
WFC
WFC
Operating Cash FlowLast quarter
$1.5B
$4.1B
Free Cash FlowOCF − Capex
$1.4B
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
5.88×
0.77×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNX
SNX
WFC
WFC
Q4 25
$1.5B
$4.1B
Q3 25
$246.1M
$-869.0M
Q2 25
$573.2M
$-11.2B
Q1 25
$-748.0M
$-11.0B
Q4 24
$561.9M
$8.9B
Q3 24
$385.8M
$4.2B
Q2 24
$-114.7M
$2.0B
Q1 24
$384.7M
$-12.1B
Free Cash Flow
SNX
SNX
WFC
WFC
Q4 25
$1.4B
Q3 25
$213.9M
Q2 25
$542.9M
Q1 25
$-789.5M
Q4 24
$512.9M
Q3 24
$338.6M
Q2 24
$-152.5M
Q1 24
$343.6M
FCF Margin
SNX
SNX
WFC
WFC
Q4 25
8.2%
Q3 25
1.4%
Q2 25
3.6%
Q1 25
-5.4%
Q4 24
3.2%
Q3 24
2.3%
Q2 24
-1.1%
Q1 24
2.5%
Capex Intensity
SNX
SNX
WFC
WFC
Q4 25
0.2%
Q3 25
0.2%
Q2 25
0.2%
Q1 25
0.3%
Q4 24
0.3%
Q3 24
0.3%
Q2 24
0.3%
Q1 24
0.3%
Cash Conversion
SNX
SNX
WFC
WFC
Q4 25
5.88×
0.77×
Q3 25
1.09×
-0.16×
Q2 25
3.10×
-2.04×
Q1 25
-4.46×
-2.26×
Q4 24
2.88×
1.75×
Q3 24
2.16×
0.82×
Q2 24
-0.80×
0.42×
Q1 24
2.24×
-2.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SNX
SNX

Segment breakdown not available.

WFC
WFC

Other$5.2B24%
Wealth And Investment Management$3.4B16%
Investment Advisory Management And Administrative Service$2.8B13%
Corporate And Investment Banking$2.5B12%
Consumer Banking And Lending$2.0B10%
Commercial Portfolio Segment$1.1B5%
Commercial Banking$1.1B5%
Credit Card Rewards And Rebates$859.0M4%
Investment Advice$716.0M3%
Deposit Account$692.0M3%
Commissions And Brokerage Service Fees$657.0M3%
Trailing Commission$250.0M1%

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