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TD SYNNEX SNX Europe distribution — Depreciation, Nonproduction

Other segment segments

Americas distribution
$14.39M-0.6%
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$1.28M+1.6%
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$761K-12.4%

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Other financials

Income statement

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Revenue$19.6B+31.0%
Gross profit$1.3B+28.0%
Operating income$519.4M+58.3%
Net income$334.1M+80.7%
EPS (diluted)$4.15+87.8%

Balance sheet

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Cash & equivalents$1.1B+42.6%
Total debt$4.7B+15.0%
Total equity$9.0B+7.3%
Total assets$38.5B+26.2%

Cash flow

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Operating cash flow-$265.6M-146%
CapEx$66.8M+121%
Free cash flow-$332.4M

Valuation

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Market cap$20.23B+73.3%
Enterprise value$23.85B+58.9%
P/E17.8×+1.7×
P/S0.3×+0.1×

Profitability

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Gross margin7%+0.3pp
Operating margin2.6%+0.5pp
Net margin1.6%+0.4pp
FCF margin3.1%

Returns & leverage

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Return on equity13.1%+4.2pp
Debt / equity0.5×0.0×
Current ratio1.2×-0.1×

Where this comes from

Reported directly by TD SYNNEX in its filing.

Tagged under the XBRL concept us-gaap:DepreciationNonproduction.

The official record: TD SYNNEX’s 10-Q, filed July 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TD SYNNEX's europe distribution — depreciation, nonproduction?
TD SYNNEX (SNX) reported europe distribution — depreciation, nonproduction of $8.49M in Q1 2026.
What does europe distribution — depreciation, nonproduction mean?
The systematic allocation of the cost of tangible assets, such as office equipment, IT infrastructure, and facilities, that are not directly involved in the production process within the European distribution segment. This reflects the wear and tear or obsolescence of the segment's administrative and support assets. It is a non-cash expense that impacts operating income.