TD SYNNEX Trading Volume Surges 61.96% to $297 Million, Ranked 279th in Daily Turnover

On June 24, 2025, TD SYNNEX (SNX) saw a significant surge in trading volume, with a turnover of $297 million, marking a 61.96% increase from the previous day. This substantial rise placed SNX at the 279th position in terms of trading volume for the day.

TD SYNNEX, a global leader in IT distribution and technology solutions, reported impressive fiscal Q2 2025 results, showcasing its resilience in a challenging macroeconomic environment. The company's revenue surged by 7.2% year-over-year to $14.9 billion, while free cash flow tripled compared to the previous year. This performance highlights the company's ability to navigate geopolitical tensions and supply chain volatility effectively.

SNX's Q2 results were particularly noteworthy, with revenue hitting $14.9 billion, exceeding the high end of guidance. Non-GAAP gross billings rose by 12.1% to $21.6 billion, and free cash flow jumped to $543 million, a significant improvement from the negative $153 million in the same quarter last year. This indicates enhanced working capital management and operational discipline.

Regionally, the Americas saw a 5.3% revenue growth driven by strong IT spending and hyperscaler demand. Europe delivered a 10.5% revenue boost, with Non-GAAP gross billings surging 16.7%, reflecting a rebound from currency headwinds. Asia-Pacific and Japan (APJ) saw revenue rise by 8.7%, while Non-GAAP gross billings soared 22%, highlighting its strategic focus on cloud and AI infrastructure.

The company's guidance for Q3 2025 projects revenue of $14.7–$15.5 billion and EPS of $2.75–$3.25, underscoring management's confidence in its execution. SNX is mitigating geopolitical risks and supply chain disruptions through geographic and sector diversification, strategic partnerships, and cost discipline. Its Advanced Solutions portfolio, focused on hyperscalers and AI infrastructure, grew by 12% year-over-year, showcasing demand resilience even in uncertain macro environments.

SNX's valuation metrics suggest it remains attractively priced relative to peers. Its EV/EBITDA ratio of 8.62 is below the industry average, and its trailing P/E ratio of 15.96 is reasonable given its 12% dividend growth and 7.2% revenue growth. The dividend story is equally compelling, with a 10% increase to $0.44 per share, a 1.29% yield, and a payout ratio of just 21%. This signals financial strength and benefits shareholders through both growth and stability.