Discover Financial Services (DFS) stock price, revenue, and financials

Discover Financial Services market cap is $27.1 b, and annual revenue was $1.96 b in FY 2018

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+0.30 (+0.35%)

$27.1 B

DFS Mkt cap, 12-Dec-2019

$498 M

Discover Financial Services Revenue Q3, 2019

Discover Financial Services Net income (Q3, 2019)770 M

Discover Financial Services Cash, 30-Sept-20196.1 B

Discover Financial Services EV50.2 B

Discover Financial Services Revenue Breakdown

Business Segment

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Discover Financial Services revenue breakdown by business segment: 97.4% from Direct Banking and 2.6% from Other

Annual

USD	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017	FY, 2018
Revenue	2.1b	2.2b	2.3b	9.4b	9.6b	10.0b	10.5b	1.9b	2.0b
Revenue growth, %					3%	4%	5%
Cost of goods sold				1.1b	1.1b	1.3b	1.4b
Gross profit				8.2b	8.5b	8.7b	9.1b
Gross profit Margin, %				88%	88%	87%	87%
Sales and marketing expense	463.1m	537.5m	603.0m					776.0m	857.0m
R&D expense	258.1m	263.7m	289.0m					315.0m	350.0m
Operating expense total	967.1m	1.1b	1.5b					1.5b	1.7b
Depreciation and amortization									435.0m
EBIT	764.8m			4.8b	5.0b	5.2b	5.4b
EBIT margin, %	37%			52%	52%	52%	51%
Interest expense	1.6b	1.5b	1.3b	1.1b	1.1b	1.3b	1.4b	1.6b	2.1b
Interest income	23.8m			5.9b	6.5b	6.7b	7.2b
Investment income		(5.3m)	(11.0m)
Pre tax profit	1.3b	3.5b	3.8b	3.9b	3.7b	3.6b	3.7b	3.5b	3.6b
Income tax expense	504.1m	1.3b	1.4b	1.5b	1.4b	1.3b	1.3b	1.4b	855.0m
Net Income	764.8m	2.2b	2.3b	2.5b	2.3b	2.3b	2.4b	2.1b	2.7b

Source: SEC Filings

Quarterly

USD	Q2, 2010	Q3, 2010	Q1, 2011	Q2, 2011	Q3, 2011	Q1, 2012	Q2, 2012	Q3, 2012	Q1, 2013	Q2, 2013	Q3, 2013	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019
Revenue	512.8m	564.1m	562.6m	543.8m	552.0m	549.5m	533.1m	594.3m	582.0m	611.0m	553.0m	515.0m	583.0m	552.0m	542.0m	539.0m	503.0m	474.0m	465.0m	476.0m	447.0m	481.0m	475.0m	475.0m	474.0m	501.0m	458.0m	520.0m	498.0m
Sales and marketing expense	98.0m	130.5m	135.7m	124.2m	133.4m	131.4m	119.0m	160.5m	169.0m	185.0m	174.0m	169.0m	168.0m	182.0m	182.0m	199.0m	168.0m	162.0m	198.0m	195.0m	168.0m	192.0m	203.0m	185.0m	224.0m	218.0m	195.0m	224.0m	230.0m
R&D expense	63.1m	62.4m	64.7m	66.6m	63.5m	70.5m	71.4m	68.8m	78.0m	85.0m	81.0m	84.0m	87.0m	87.0m	88.0m	90.0m	84.0m	88.0m	89.0m	81.0m	80.0m	77.0m	78.0m	82.0m	86.0m	89.0m	99.0m	101.0m	96.0m
Operating expense total	215.3m	259.0m	274.5m	282.6m	276.4m	313.5m	370.2m	424.2m	340.0m	414.0m	373.0m	355.0m	362.0m	373.0m	391.0m	425.0m	361.0m	357.0m	393.0m	385.0m	350.0m	366.0m	389.0m	382.0m	399.0m	415.0m	404.0m	442.0m	453.0m
Depreciation and amortization																											99.0m
Interest expense	404.6m	389.1m	382.7m	380.0m	362.1m	353.3m	340.5m	325.3m	298.0m	297.0m	278.0m	270.0m	274.0m	288.0m	300.0m	311.0m	323.0m	334.0m	339.0m	359.0m	386.0m	400.0m	426.0m	469.0m	507.0m	558.0m	632.0m	645.0m	638.0m
Investment income						(2.4m)			(4.0m)
Pre tax profit	422.2m	432.1m	720.0m	926.5m	1.0b	1.0b	867.2m	1.0b	1.1b	981.0m	946.0m	1.0b	1.0b	1.0b	908.0m	942.0m	974.0m	914.0m	898.0m	961.0m	868.0m	867.0m	903.0m	856.0m	877.0m	967.0m	930.0m	987.0m	994.0m
Income tax expense	164.1m	171.5m	255.1m	326.0m	398.3m	383.2m	330.6m	385.0m	407.0m	379.0m	353.0m	391.0m	371.0m	365.0m	322.0m	343.0m	362.0m	339.0m	282.0m	322.0m	304.0m	321.0m	301.0m	190.0m	208.0m	247.0m	204.0m	234.0m	224.0m
Net Income	258.1m	260.6m	464.9m	600.4m	648.8m	631.0m	536.6m	626.7m	673.0m	602.0m	593.0m	631.0m	644.0m	644.0m	586.0m	599.0m	612.0m	575.0m	616.0m	639.0m	564.0m	546.0m	602.0m	666.0m	669.0m	720.0m	726.0m	753.0m	770.0m

Source: SEC Filings

Annual

USD	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017	FY, 2018
Cash	5.1b	2.8b	3.9b	6.6b	7.3b	9.6b	11.9b	13.3b	13.3b
Accounts Receivable	45.5b	55.1b	59.3b	65.8b	70.0b	72.4b	77.3b	81.6b	87.5b
PP&E	460.7m	483.3m	534.0m	654.0m	670.0m	693.0m	734.0m	825.0m	936.0m
Goodwill	255.4m	255.4m	286.0m	284.0m	257.0m	255.0m	255.0m	255.0m	255.0m
Total Assets	60.8b	68.8b	75.3b	79.3b	83.1b	86.9b	92.3b	100.1b	109.6b
Short-term debt		3.3b	5.2b	140.0m	113.0m
Long-term debt	17.7b	18.3b	19.7b	20.5b	22.5b	24.7b	25.4b	26.3b	27.2b
Total Debt	17.7b	21.6b	24.9b	20.6b	22.7b	24.7b	25.4b	26.3b	27.2b
Total Liabilities	54.3b	60.5b	65.5b					89.2b	98.4b
Common Stock	5.5m	5.5m	5.0m					6.0m	6.0m
Preferred Stock			560.0m					563.0m	563.0m
Additional Paid-in Capital	3.4b	3.5b	3.6b	3.7b	3.8b	3.9b	4.0b	4.0b	4.1b
Retained Earnings	3.1b	5.2b	7.4b	9.6b	11.5b	13.3b	15.1b	16.7b	18.9b
Total Equity	6.5b	8.2b	9.8b	10.8b	11.1b	11.3b	11.3b	10.9b	11.1b
Debt to Equity Ratio				1.9 x	2 x	2.2 x	2.2 x	2.4 x	2.4 x
Debt to Assets Ratio				0.3 x	0.3 x	0.3 x	0.3 x	0.3 x	0.2 x
Financial Leverage	9.4 x	8.3 x	7.7 x	7.3 x	7.5 x	7.7 x	8.2 x	9.2 x	9.8 x

Source: SEC Filings

Quarterly

USD	Q2, 2010	Q3, 2010	Q1, 2011	Q2, 2011	Q3, 2011	Q1, 2012	Q2, 2012	Q3, 2012	Q1, 2013	Q2, 2013	Q3, 2013	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019
Cash	10.3b	7.9b	5.2b	3.8b	4.0b	6.3b	5.1b	6.2b	8.1b	5.7b	5.6b	8.7b	6.9b	7.4b	11.8b	10.6b	10.3b	12.1b	10.6b	12.1b	15.2b	13.0b	13.2b	17.0b	15.3b	16.0b	15.2b	10.3b	6.1b
Accounts Receivable	46.1b	46.4b	48.6b		51.8b	54.3b	55.2b	57.5b	58.8b	60.1b	61.1b	62.3b	64.3b	65.7b	65.9b	67.3b	68.3b	68.4b	70.0b	71.5b	73.6b	75.6b	77.9b	80.0b	82.0b	84.0b	85.6b	87.0b	89.2b
PP&E	469.0m	456.9m	459.0m	471.1m	465.9m	486.5m	492.4m	519.6m	572.0m	607.0m	639.0m	668.0m	665.0m	661.0m	678.0m	688.0m	684.0m	706.0m	708.0m	722.0m	750.0m	774.0m	800.0m	848.0m	874.0m	896.0m	980.0m	1.0b	1.0b
Goodwill	255.4m	255.4m	255.4m	255.4m	255.4m	255.4m	255.4m	287.0m	286.0m	284.0m	284.0m	284.0m	284.0m	284.0m	257.0m	255.0m	255.0m	255.0m	255.0m	255.0m	255.0m	255.0m	255.0m	255.0m	255.0m	255.0m	255.0m	255.0m	255.0m
Total Assets	62.2b	60.1b	63.5b	63.4b	65.7b	70.5b	72.1b	73.9b	76.1b	74.9b	75.5b	79.6b	78.9b	80.6b	84.2b	84.9b	85.6b	88.1b	87.5b	90.5b	94.8b	93.8b	97.6b	102.0b	102.8b	105.8b	110.7b	110.7b	110.8b
Short-term debt					526.2m	3.3b	2.8b	109.0k	2.3b	338.0m		2.0b	1.0b		166.0m	144.0m		5.1b	5.1b	5.1b	5.3b	5.3b	5.3b	6.0b	6.0b	6.0b	4.7b	4.7b	4.7b
Long-term debt	18.3b	17.7b	19.0b	17.9b	17.7b	18.8b	19.0b	19.2b	19.2b	18.0b	18.7b	20.2b	20.1b	20.9b	22.9b	24.1b	23.8b	24.8b	24.7b	26.8b	26.8b	26.4b	26.7b	26.2b	26.3b	27.0b	26.3b	25.2b	24.5b
Total Debt	18.3b	17.7b	19.0b	17.9b	18.2b	22.1b	21.8b	19.2b	21.6b	18.4b	18.8b	22.2b	21.1b	20.9b	23.1b	24.2b	23.8b	29.9b	24.7b	31.9b	26.8b	31.7b	26.7b	26.2b	32.2b	33.0b	31.0b	29.9b	29.2b
Total Liabilities	56.1b	53.9b	56.6b	55.9b	57.7b	61.7b	63.2b	64.8b	65.8b	64.5b	64.9b	68.6b	67.6b	69.3b	73.0b	73.6b	74.3b	76.8b	76.1b	79.2b	83.5b	82.5b	86.4b	91.1b	91.9b	94.8b	99.5b	99.2b	99.1b
Common Stock	5.5m	5.5m	5.5m	5.5m	5.5m	5.5m	5.5m	5.5m	6.0m	5.0m	5.0m	5.0m	5.0m	5.0m	5.0m	5.0m	5.0m	5.0m	5.0m	5.0m	6.0m	6.0m	6.0m	6.0m	6.0m	6.0m	6.0m	6.0m	6.0m
Preferred Stock									560.0m	560.0m	560.0m	560.0m	560.0m	560.0m	560.0m	560.0m	560.0m	560.0m	560.0m	560.0m	560.0m	560.0m	560.0m	563.0m	563.0m	563.0m	563.0m	563.0m	563.0m
Additional Paid-in Capital	3.6b	3.4b	3.5b	3.5b	3.5b	3.5b	3.6b	3.6b	3.6b	3.7b	3.7b	3.7b	3.8b	3.8b	3.8b	3.9b	3.9b	3.9b	3.9b	3.9b	4.0b	4.0b	4.0b	4.1b	4.1b	4.1b	4.1b	4.2b	4.2b
Retained Earnings	2.5b	2.8b	3.6b	4.1b	4.8b	5.8b	6.3b	6.9b	8.1b	8.6b	9.1b	10.1b	10.7b	11.2b	11.9b	12.4b	12.9b	13.7b	14.2b	14.7b	15.6b	16.0b	16.5b	17.2b	17.8b	18.4b	19.5b	20.1b	20.7b
Total Equity	6.0b	6.1b	6.9b	7.5b	8.0b	8.8b	8.9b	9.1b	10.3b	10.4b	10.6b	11.0b	11.4b	11.3b	11.2b	11.3b	11.3b	11.3b	11.4b	11.3b	11.3b	11.3b	11.2b	10.9b	10.9b	11.0b	11.3b	11.5b	11.7b
Debt to Equity Ratio											1.8 x					2.2 x	2.1 x		2.2 x		2.4 x		2.4 x	2.4 x
Debt to Assets Ratio											0.2 x					0.3 x	0.3 x		0.3 x		0.3 x		0.3 x	0.3 x
Financial Leverage	10.3 x	9.8 x	9.2 x	8.4 x	8.2 x	8 x	8.1 x	8.1 x	7.4 x	7.2 x	7.1 x	7.2 x	6.9 x	7.1 x	7.5 x	7.5 x	7.6 x	7.8 x	7.7 x	8 x	8.4 x	8.3 x	8.7 x	9.4 x	9.4 x	9.6 x	9.8 x	9.6 x	9.5 x

Source: SEC Filings

Annual

USD	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017	FY, 2018
Net Income	764.8m	2.2b	2.3b	2.5b	2.3b	2.3b	2.4b	2.1b	2.7b
Depreciation and Amortization	64.0m	59.7m	63.0m					395.0m	435.0m
Accounts Payable				(269.0m)	73.0m	162.0m	234.0m
Cash From Operating Activities	3.9b	3.6b	3.0b	3.5b	3.8b	3.9b	4.4b	5.2b	5.2b
Purchases of PP&E	(54.7m)	(111.6m)	(144.0m)	(231.0m)	(145.0m)	(168.0m)	(179.0m)	(218.0m)	(254.0m)
Cash From Investing Activities	(4.7b)	(8.1b)	(5.7b)	(3.2b)	(4.2b)	(2.9b)	(4.9b)	(8.8b)	(10.6b)
Short-term Borrowings		(50.0m)	(234.0m)	(231.0m)	(27.0m)	(113.0m)
Long-term Borrowings	(635.9m)	(361.6m)	(13.0m)	(3.6b)	(4.7b)	(3.6b)	(3.4b)
Dividends Paid	(70.4m)	(109.9m)	(209.0m)	(399.0m)	(467.0m)	(515.0m)	(514.0m)	(490.0m)	(521.0m)
Cash From Financing Activities	(7.1b)	2.3b	3.7b	3.6b	1.1b	1.3b	2.8b	5.0b	7.1b
Net Change in Cash	(7.9b)	(2.2b)	1.1b					1.4b	1.8b
Interest Paid	1.5b	1.3b	1.2b	975.0m	933.0m	1.1b	1.2b	1.4b	1.8b
Income Taxes Paid	169.0m	906.1m	1.3b	1.3b	1.4b	1.3b	1.3b	1.4b	650.0m

Source: SEC Filings

Quarterly

USD	Q2, 2010	Q3, 2010	Q1, 2011	Q2, 2011	Q3, 2011	Q1, 2012	Q2, 2012	Q3, 2012	Q1, 2013	Q2, 2013	Q3, 2013	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019
Net Income	154.5m	415.1m	464.9m	1.1b	1.7b	631.0m	1.2b	1.8b	673.0m	1.3b	1.9b	631.0m	1.3b	1.9b	586.0m	1.2b	1.8b	575.0m	1.2b	1.8b	564.0m	1.1b	1.7b	666.0m	1.3b	2.1b	726.0m	1.5b	2.2b
Depreciation and Amortization	37.5m	57.9m	(21.0m)	(53.5m)	66.3m	23.0m	46.6m	70.9m	25.0m	56.0m	247.0m	90.0m	181.0m	274.0m	95.0m	193.0m	291.0m	84.0m	176.0m	262.0m	93.0m	188.0m	289.0m	107.0m	216.0m	326.0m	99.0m	202.0m	315.0m
Cash From Operating Activities	2.4b	2.7b	1.3b	2.3b	2.8b	1.0b	1.5b	2.2b	1.5b	2.1b	2.5b	1.1b	1.8b	2.8b	1.1b	1.7b	2.8b	1.2b	1.8b	3.1b	1.0b	2.0b	3.6b	1.2b	2.8b	4.4b	2.3b	3.9b	4.7b
Purchases of PP&E	(17.5m)	(29.5m)	(15.6m)	(49.9m)	(70.1m)	(26.4m)	(56.0m)	(104.7m)	(59.0m)	(117.0m)	(177.0m)	(43.0m)	(73.0m)	(102.0m)	(41.0m)	(88.0m)	(119.0m)	(46.0m)	(86.0m)	(132.0m)	(47.0m)	(103.0m)	(161.0m)	(58.0m)	(118.0m)	(177.0m)	(82.0m)	(151.0m)	(212.0m)
Cash From Investing Activities	540.2m	(578.9m)	(99.5m)	(1.7b)	(4.0b)	1.1b	(1.7b)	(2.0b)	2.6b	1.2b	98.0m	1.8b	302.0m	(1.3b)	3.3b	959.0m	212.0m	982.0m	(596.0m)	(2.6b)	(17.0m)	(1.6b)	(5.7b)	916.0m	(1.7b)	(4.8b)	(1.8b)	(6.2b)	(12.2b)
Short-term Borrowings			(100.0m)	(100.0m)	(100.0m)	50.0m	50.0m	(200.1m)	37.0m	109.0m
Long-term Borrowings	(188.2m)	(590.7m)	(315.0m)			(12.7m)	(12.7m)	(12.7m)
Dividends Paid	(48.5m)	(59.5m)	(11.0m)	(40.5m)	(77.4m)	(53.7m)	(107.4m)	(159.6m)	(79.0m)	(187.0m)	(294.0m)	(95.0m)	(208.0m)	(320.0m)	(108.0m)	(233.0m)	(356.0m)	(118.0m)	(234.0m)	(356.0m)	(117.0m)	(232.0m)	(362.0m)	(126.0m)	(248.0m)	(386.0m)	(132.0m)	(262.0m)	(404.0m)
Cash From Financing Activities	(5.7b)	(7.2b)	(1.1b)	(1.8b)	28.4m	1.3b	2.5b	3.3b	1.4b	(159.0m)	406.0m	(763.0m)	(1.7b)	(673.0m)	214.0m	689.0m	(56.0m)	423.0m	(175.0m)	2.0b	2.3b	589.0m	3.4b	1.6b	1.4b	3.6b	(499.0m)	(1.5b)	(1.5b)
Net Change in Cash	(2.7b)	(5.1b)	72.7m	(1.3b)	(1.1b)	3.5b	2.3b	3.4b	5.5b	3.2b	3.0b	2.2b	325.0m	828.0m	4.5b	3.3b	3.0b	2.6b	1.0b	2.5b	3.2b	1.0b	1.3b	3.7b	2.5b	3.2b	68.0m	(3.8b)	(9.0b)
Interest Paid	765.3m	1.1b	383.8m	735.1m	1.0b	290.6m	637.9m	898.1m	231.0m	521.0m	745.0m
Income Taxes Paid	57.0m	112.0m	38.2m	377.1m	635.4m	46.0m	652.0m	967.8m	113.0m	798.0m	1.1b

Source: SEC Filings

USD	Y, 2019
EV/CFO	10.6 x
Financial Leverage	9.5 x

Discover Financial Services's Total Loans was reported to be $78b in Q2, 2017. Discover Financial Services's Transactions' Volume was reported to be $83.5b in Q2, 2017.

	FY, 2014	Q1, 2015	Q2, 2015	Q3, 2015	FY, 2015	Q1, 2016	Q2, 2016	Q3, 2016	FY, 2016	Q1, 2017	Q2, 2017
Transactions	6.30 b	1.48 b	1.50 b	1.49 b	5.92 b	1.33 b	1.39 b	1.41 b	5.58 b	1.37 b	1.51 b
Transactions' Volume	$321.74 b	$77.56 b	$78.56 b	$77.44 b	$312.40 b	$73.57 b	$76.55 b	$76.32 b	$306.58 b	$76.97 b	$83.45 b
Total Loans	$70 b	$67.60 b	$69 b	$70.10 b	$72.40 b	$70.30 b	$71.90 b	$73.60 b	$77.30 b	$75.90 b	$78 b
ATMs	1.60 m				1.80 m				1.90 m
Countries	185				185				185
Licenses	80				80				90

Culture & Values

4.0

Work/Life Balance

3.9

Senior Management

3.4

Salary & Benefits

4.0

Career Opportunities

3.5

Source

View Discover Financial Services profile

Competitors

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Discover Financial Services (DFS) stock price, revenue, and financials

$86.68

$27.1 B

$498 M

Discover Financial Services Revenue Breakdown

Discover Financial Services Income Statement

Annual

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

Sales and marketing expense

R&D expense

Operating expense total

Depreciation and amortization

EBIT

EBIT margin, %

Interest expense

Interest income

Investment income

Pre tax profit

Income tax expense

Net Income

Quarterly

Revenue

Sales and marketing expense

R&D expense

Operating expense total

Depreciation and amortization

Interest expense

Investment income

Pre tax profit

Income tax expense

Net Income

Discover Financial Services Balance Sheet

Annual

Cash

Accounts Receivable

PP&E

Goodwill

Total Assets

Short-term debt

Long-term debt

Total Debt

Total Liabilities

Common Stock

Preferred Stock

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Quarterly

Cash

Accounts Receivable

PP&E

Goodwill

Total Assets

Short-term debt

Long-term debt

Total Debt

Total Liabilities

Common Stock

Preferred Stock

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Discover Financial Services Cash Flow

Annual

Net Income

Depreciation and Amortization

Accounts Payable

Cash From Operating Activities

Purchases of PP&E

Cash From Investing Activities