DFS
Income statement / Annual
Last year (2023), Discover Financial Services's total revenue was $9.84 B,
a decrease of 26.21% from the previous year.
In 2023, Discover Financial Services's net income was $2.94 B.
See Discover Financial Services’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$9.84 B
|
$13.34 B
|
$12.09 B
|
$11.09 B
|
$11.46 B
|
$10.71 B
|
$9.90 B
|
$9.10 B
|
$8.74 B
|
$8.48 B
|
| Cost of Revenue |
-$10.76 B |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$20.61 B |
$13.34 B |
$12.09 B |
$11.09 B |
$11.46 B |
$10.71 B |
$9.90 B |
$9.10 B |
$8.74 B |
$8.48 B |
| Gross Profit Ratio |
2.09 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$2.43 B
|
$2.14 B
|
$1.99 B
|
$1.89 B
|
$1.74 B
|
$1.63 B
|
$1.51 B
|
$1.38 B
|
$1.33 B
|
$1.24 B
|
| Selling & Marketing
Expenses |
$1.16 B
|
$1.04 B
|
$810.00 M
|
$659.00 M
|
$883.00 M
|
$857.00 M
|
$776.00 M
|
$731.00 M
|
$745.00 M
|
$735.00 M
|
| Selling, General &
Administrative Expenses |
$4.73 B
|
$3.17 B
|
$2.80 B
|
$2.55 B
|
$2.62 B
|
$2.48 B
|
$2.29 B
|
$2.11 B
|
$2.07 B
|
$1.98 B
|
| Other Expenses |
$0.00 |
-$2.64 B |
-$7.82 B |
-$596.00 M |
-$503.00 M |
-$469.00 M |
-$424.00 M |
-$435.00 M |
-$489.00 M |
-$475.00 M |
| Operating Expenses |
$4.73 B |
$1.91 B |
-$5.02 B |
$1.96 B |
$2.12 B |
$9.25 B |
$8.01 B |
$6.84 B |
$6.39 B |
$5.92 B |
| Cost And Expenses |
$4.73 B |
$1.91 B |
-$5.02 B |
$1.96 B |
$2.12 B |
$9.25 B |
$8.01 B |
$6.84 B |
$6.39 B |
$5.92 B |
| Interest Income |
$17.85 B |
$12.86 B |
$10.65 B |
$11.10 B |
$11.99 B |
$10.89 B |
$9.65 B |
$8.62 B |
$7.95 B |
$7.60 B |
| Interest Expense |
$4.75 B |
$1.87 B |
$1.13 B |
$1.87 B |
$2.53 B |
$2.14 B |
$1.65 B |
$1.40 B |
$1.26 B |
$1.13 B |
| Depreciation &
Amortization |
$458.00 M
|
$194.00 M
|
$189.00 M
|
$198.00 M
|
$164.00 M
|
$142.00 M
|
$130.00 M
|
$137.00 M
|
$391.00 M
|
$369.00 M
|
| EBITDA |
$4.01 B
|
$6.28 B
|
$7.60 B
|
$0.00
|
$4.27 B
|
$4.03 B
|
$3.93 B
|
$4.01 B
|
$4.00 B
|
$4.06 B
|
| EBITDA Ratio |
0.41 |
0.61 |
0.63 |
0.17 |
0.37 |
0.58 |
0.56 |
0.59 |
0.6 |
0.61 |
| Operating Income Ratio
|
0.52
|
0.57
|
0.58
|
0.13
|
0.33
|
0.54
|
0.52
|
0.56
|
0.56
|
0.57
|
| Total Other
Income/Expenses Net |
-$1.29 B
|
-$149.00 M
|
-$1.08 B
|
-$155.00 M
|
-$96.00 M
|
-$83.00 M
|
-$89.00 M
|
-$98.00 M
|
-$112.00 M
|
-$134.00 M
|
| Income Before Tax |
$3.83 B |
$5.74 B |
$7.06 B |
$1.44 B |
$3.84 B |
$3.60 B |
$3.54 B |
$3.66 B |
$3.61 B |
$3.69 B |
| Income Before Tax Ratio
|
0.39
|
0.43
|
0.58
|
0.13
|
0.33
|
0.34
|
0.36
|
0.4
|
0.41
|
0.44
|
| Income Tax Expense |
$886.00 M |
$1.35 B |
$1.62 B |
$294.00 M |
$878.00 M |
$855.00 M |
$1.44 B |
$1.26 B |
$1.32 B |
$1.37 B |
| Net Income |
$2.94 B |
$4.37 B |
$5.42 B |
$1.14 B |
$2.96 B |
$2.74 B |
$2.10 B |
$2.39 B |
$2.30 B |
$2.32 B |
| Net Income Ratio |
0.3 |
0.33 |
0.45 |
0.1 |
0.26 |
0.26 |
0.21 |
0.26 |
0.26 |
0.27 |
| EPS |
11.26 |
15.47 |
17.84 |
3.6 |
9.09 |
7.97 |
5.43 |
5.77 |
5.14 |
4.91 |
| EPS Diluted |
11.26 |
15.42 |
17.84 |
3.6 |
9.09 |
7.95 |
5.42 |
5.77 |
5.13 |
4.9 |
| Weighted Average Shares
Out |
$254.00 M
|
$277.00 M
|
$300.00 M
|
$307.00 M
|
$320.00 M
|
$344.00 M
|
$374.00 M
|
$405.00 M
|
$437.00 M
|
$462.00 M
|
| Weighted Average Shares
Out Diluted |
$254.00 M
|
$278.00 M
|
$300.00 M
|
$307.00 M
|
$320.00 M
|
$345.00 M
|
$374.00 M
|
$406.00 M
|
$438.00 M
|
$463.00 M
|
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