See more : BioSyent Inc. (BIOYF) Income Statement Analysis – Financial Results
Complete financial analysis of Discover Financial Services (DFS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Discover Financial Services, a leading company in the Financial – Credit Services industry within the Financial Services sector.
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Discover Financial Services (DFS)
About Discover Financial Services
Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; private student loans, personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts. The Payment Services segment operates the PULSE, an automated teller machine, debit, and electronic funds transfer network; and Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services, as well as offers payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.84B | 13.34B | 12.09B | 11.09B | 11.46B | 10.71B | 9.90B | 9.10B | 8.74B | 8.48B | 8.22B | 7.69B | 7.07B | 6.66B | 6.86B | 6.30B | 6.29B | 6.22B | 5.87B | 6.35B | 1.26B |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 37.00M | -761.00K | 0.00 | 126.95M | 1.50B | 1.24B | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 9.84B | 13.34B | 12.09B | 11.09B | 11.46B | 10.71B | 9.90B | 9.10B | 8.74B | 8.48B | 8.22B | 7.65B | 7.07B | 6.66B | 6.73B | 4.81B | 5.05B | 6.22B | 5.87B | 6.35B | 1.26B |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 99.52% | 100.01% | 100.00% | 98.15% | 76.27% | 80.26% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.43B | 2.14B | 1.99B | 1.89B | 1.74B | 1.63B | 1.51B | 1.38B | 1.33B | 1.24B | 1.16B | 1.05B | 914.00M | 1.06B | 827.68M | 845.39M | 922.09M | 933.20M | 869.64M | 758.91M | 0.00 |
| Selling & Marketing | 1.16B | 1.04B | 810.00M | 659.00M | 883.00M | 857.00M | 776.00M | 731.00M | 745.00M | 735.00M | 717.00M | 610.00M | 537.00M | 463.09M | 406.02M | 530.90M | 610.21M | 603.56M | 586.80M | 575.03M | 0.00 |
| SG&A | 3.60B | 3.17B | 2.80B | 2.55B | 2.62B | 2.48B | 2.29B | 2.11B | 2.07B | 1.98B | 1.88B | 1.66B | 1.45B | 1.52B | 1.23B | 1.38B | 1.53B | 1.54B | 1.46B | 1.33B | 0.00 |
| Other Expenses | 1.13B | -2.64B | -7.82B | -596.00M | -503.00M | -469.00M | -424.00M | -435.00M | -489.00M | -475.00M | -488.00M | -606.00M | 3.59B | 5.45B | 4.34B | 3.92B | 2.90B | -3.84B | -4.60B | -5.13B | 557.55M |
| Operating Expenses | 4.73B | 1.91B | -5.02B | 1.96B | 2.12B | 9.25B | 8.01B | 6.84B | 6.39B | 5.92B | 1.39B | 5.23B | 5.04B | 6.97B | 5.87B | 5.30B | 4.44B | -2.30B | -3.14B | -3.79B | 557.55M |
| Cost & Expenses | 4.73B | 1.91B | -5.02B | 1.96B | 2.12B | 9.25B | 8.01B | 6.84B | 6.39B | 5.92B | 1.39B | 5.23B | 5.04B | 6.97B | 5.87B | 5.30B | 4.44B | -2.30B | -3.14B | -3.79B | 557.55M |
| Interest Income | 17.85B | 12.86B | 10.65B | 11.10B | 11.99B | 10.89B | 9.65B | 8.62B | 7.95B | 7.60B | 7.06B | 6.74B | 6.35B | 6.15B | 6.46B | 6.55B | 6.86B | 6.17B | 5.70B | 5.70B | 2.05B |
| Interest Expense | 4.75B | 1.87B | 1.13B | 1.87B | 2.53B | 2.14B | 1.65B | 1.40B | 1.26B | 1.13B | 1.15B | 1.31B | 1.49B | 1.58B | 1.65B | 2.36B | 2.98B | 2.34B | 1.80B | 1.34B | 789.67M |
| Depreciation & Amortization | 0.00 | 194.00M | 189.00M | 198.00M | 164.00M | 142.00M | 130.00M | 137.00M | 391.00M | 369.00M | 334.00M | 267.00M | 20.07M | 172.01M | 203.49M | 231.40M | 257.13M | 222.80M | 214.31M | 193.13M | 0.00 |
| EBITDA | 0.00 | 6.28B | 7.60B | 0.00 | 4.27B | 4.03B | 3.93B | 4.01B | 4.00B | 4.06B | 4.28B | 4.02B | 3.60B | 1.36B | 2.22B | 1.06B | 1.20B | 2.07B | 1.14B | 1.54B | 1.82B |
| EBITDA Ratio | 0.00% | 61.24% | 62.84% | 17.32% | 37.27% | 57.62% | 56.36% | 59.40% | 60.26% | 61.31% | 65.95% | 69.58% | 71.00% | 45.42% | 52.11% | 46.94% | 40.71% | 66.57% | 50.11% | 43.32% | 144.28% |
| Operating Income | 5.11B | 7.61B | 7.06B | 1.44B | 3.84B | 5.74B | 5.19B | 5.05B | 4.88B | 4.83B | 5.09B | 5.08B | 5.00B | 2.85B | 3.37B | 2.81B | 2.33B | 3.92B | 2.73B | 2.56B | 1.82B |
| Operating Income Ratio | 51.96% | 57.04% | 58.44% | 12.94% | 33.47% | 53.56% | 52.39% | 55.54% | 55.78% | 56.95% | 61.89% | 66.11% | 70.71% | 42.83% | 49.15% | 44.61% | 36.98% | 62.99% | 46.46% | 40.28% | 144.28% |
| Total Other Income/Expenses | -1.29B | -149.00M | -1.08B | -155.00M | -96.00M | -83.00M | -89.00M | -98.00M | -112.00M | -134.00M | -98.00M | 333.00M | -244.00K | 0.00 | 844.71M | 594.69M | -257.13M | -492.51M | -214.31M | -325.81M | 325.43M |
| Income Before Tax | 3.83B | 5.74B | 7.06B | 1.44B | 3.84B | 3.60B | 3.54B | 3.66B | 3.61B | 3.69B | 3.94B | 3.76B | 3.51B | 1.27B | 2.12B | 1.66B | 945.20M | 1.58B | 924.26M | 1.22B | 1.03B |
| Income Before Tax Ratio | 38.87% | 43.05% | 58.44% | 12.94% | 33.47% | 33.59% | 35.74% | 40.18% | 41.33% | 43.58% | 47.96% | 48.95% | 49.70% | 19.06% | 30.91% | 26.31% | 15.02% | 25.43% | 15.75% | 19.19% | 81.56% |
| Income Tax Expense | 886.00M | 1.35B | 1.62B | 294.00M | 878.00M | 855.00M | 1.44B | 1.26B | 1.32B | 1.37B | 1.47B | 1.41B | 1.28B | 504.07M | 844.71M | 594.69M | 356.57M | 505.69M | 346.34M | 442.65M | 378.28M |
| Net Income | 2.94B | 4.37B | 5.42B | 1.14B | 2.96B | 2.74B | 2.10B | 2.39B | 2.30B | 2.32B | 2.47B | 2.35B | 2.23B | 764.79M | 1.28B | 927.75M | 588.63M | 1.08B | 577.92M | 776.25M | 648.63M |
| Net Income Ratio | 29.87% | 32.80% | 44.86% | 10.29% | 25.81% | 25.60% | 21.21% | 26.30% | 26.28% | 27.40% | 30.03% | 30.57% | 31.52% | 11.49% | 18.60% | 14.73% | 9.35% | 17.30% | 9.85% | 12.22% | 51.52% |
| EPS | 11.26 | 15.47 | 17.84 | 3.60 | 9.09 | 7.97 | 5.43 | 5.77 | 5.14 | 4.91 | 4.97 | 4.51 | 4.06 | 1.23 | 2.39 | 1.90 | 1.23 | 2.26 | 1.21 | 1.63 | 1.36 |
| EPS Diluted | 11.26 | 15.42 | 17.84 | 3.60 | 9.09 | 7.95 | 5.42 | 5.77 | 5.13 | 4.90 | 4.96 | 4.50 | 4.06 | 1.22 | 2.38 | 1.90 | 1.23 | 2.26 | 1.21 | 1.63 | 1.36 |
| Weighted Avg Shares Out | 254.00M | 277.00M | 300.00M | 307.00M | 320.00M | 344.00M | 374.00M | 405.00M | 437.00M | 462.00M | 485.00M | 516.00M | 542.00M | 544.00M | 504.55M | 479.34M | 477.24M | 477.24M | 477.24M | 476.21M | 477.24M |
| Weighted Avg Shares Out (Dil) | 254.00M | 278.00M | 300.00M | 307.00M | 320.00M | 345.00M | 374.00M | 406.00M | 438.00M | 463.00M | 487.00M | 517.00M | 543.00M | 549.00M | 507.91M | 479.36M | 478.88M | 477.24M | 477.24M | 476.21M | 477.24M |
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Discover (DFS) came out with quarterly earnings of $3.69 per share, beating the Zacks Consensus Estimate of $3.28 per share. This compares to earnings of $2.59 per share a year ago.
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