Discover Historical Income Statement

DFS Stock

USD 182.56 0.06 0.03%

Historical analysis of Discover Financial income statement accounts such as Gross Profit of 21.6 B or Other Operating Expenses of 5 B can show how well Discover Financial Services performed in making a profits. Evaluating Discover Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Discover Financial's future profits or losses.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Discover Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Discover Financial is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

About Discover Income Statement Analysis

Discover Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Discover Financial shareholders. The income statement also shows Discover investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Discover Financial Income Statement Chart

At this time, Discover Financial's Interest Expense is comparatively stable compared to the past year. Gross Profit is likely to gain to about 21.6 B in 2024, whereas Operating Income is likely to drop slightly above 4.6 B in 2024.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Discover Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Discover Financial Services minus its cost of goods sold. It is profit before Discover Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Discover Financial. It is also known as Discover Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Discover Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Discover Financial Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Discover Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Discover Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

	2023	2024 (projected)
Total Revenue	9.8B	9.1B
Interest Expense	4.7B	5.0B

Total Revenue Interest Expense

Discover Financial income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Cost Of Revenue	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		0.26	0.91	0.07	0.03	-0.12	-0.12	0.11	-0.02	0.07	0.06	-0.25	-0.25	0.52	0.58	-0.53	0.24	-0.42	0.75	0.81	0.52	0.88
Total Revenue	0.26		0.58	0.2	0.55	0.51	0.53	-0.06	0.64	0.25	0.69	0.29	-0.07	0.8	0.62	-0.59	0.67	-0.21	0.6	0.53	0.62	0.05
Gross Profit	0.91	0.58		0.15	0.31	0.17	0.18	-0.01	0.31	0.02	0.38	0.02	-0.14	0.72	0.7	-0.71	0.53	-0.3	0.83	0.83	0.71	0.78
Other Operating Expenses	0.07	0.2	0.15		0.39	0.53	0.52	0.68	0.2	-0.54	0.12	0.37	-0.12	0.01	0.06	0.13	0.12	0.16	-0.11	-0.08	-0.23	0.03
Operating Income	0.03	0.55	0.31	0.39		0.94	0.94	0.0	0.91	-0.25	0.85	0.8	-0.02	0.34	0.48	-0.21	0.83	0.59	0.25	0.18	0.34	0.03
Ebit	-0.12	0.51	0.17	0.53	0.94		1.0	0.02	0.89	-0.26	0.81	0.85	-0.03	0.18	0.26	-0.07	0.76	0.59	0.04	-0.04	0.18	-0.17
Ebitda	-0.12	0.53	0.18	0.52	0.94	1.0		0.02	0.89	-0.26	0.8	0.86	0.03	0.19	0.27	-0.06	0.75	0.58	0.03	-0.04	0.18	-0.17
Total Operating Expenses	0.11	-0.06	-0.01	0.68	0.0	0.02	0.02		-0.33	-0.34	-0.41	0.02	-0.04	-0.19	0.0	0.41	-0.41	-0.14	-0.22	-0.12	-0.5	0.05
Income Before Tax	-0.02	0.64	0.31	0.2	0.91	0.89	0.89	-0.33		0.0	0.98	0.76	0.03	0.45	0.46	-0.33	0.94	0.55	0.31	0.22	0.46	-0.02
Total Other Income Expense Net	0.07	0.25	0.02	-0.54	-0.25	-0.26	-0.26	-0.34	0.0		0.09	-0.27	-0.04	0.22	0.19	-0.04	0.06	-0.31	0.23	0.24	0.15	-0.13
Net Income	0.06	0.69	0.38	0.12	0.85	0.81	0.8	-0.41	0.98	0.09		0.6	-0.04	0.58	0.56	-0.46	0.98	0.42	0.46	0.36	0.59	0.04
Income Tax Expense	-0.25	0.29	0.02	0.37	0.8	0.85	0.86	0.02	0.76	-0.27	0.6		0.21	-0.06	0.06	0.14	0.55	0.76	-0.21	-0.27	-0.08	-0.19
Depreciation And Amortization	-0.25	-0.07	-0.14	-0.12	-0.02	-0.03	0.03	-0.04	0.03	-0.04	-0.04	0.21		-0.11	0.0	0.28	-0.08	0.14	-0.28	-0.28	-0.19	-0.1
Selling General Administrative	0.52	0.8	0.72	0.01	0.34	0.18	0.19	-0.19	0.45	0.22	0.58	-0.06	-0.11		0.87	-0.77	0.63	-0.27	0.91	0.88	0.77	0.48
Selling And Marketing Expenses	0.58	0.62	0.7	0.06	0.48	0.26	0.27	0.0	0.46	0.19	0.56	0.06	0.0	0.87		-0.5	0.63	-0.05	0.85	0.86	0.6	0.59
Cost Of Revenue	-0.53	-0.59	-0.71	0.13	-0.21	-0.07	-0.06	0.41	-0.33	-0.04	-0.46	0.14	0.28	-0.77	-0.5		-0.55	0.29	-0.81	-0.73	-0.92	-0.46
Net Income From Continuing Ops	0.24	0.67	0.53	0.12	0.83	0.76	0.75	-0.41	0.94	0.06	0.98	0.55	-0.08	0.63	0.63	-0.55		0.37	0.58	0.49	0.68	0.23
Tax Provision	-0.42	-0.21	-0.3	0.16	0.59	0.59	0.58	-0.14	0.55	-0.31	0.42	0.76	0.14	-0.27	-0.05	0.29	0.37		-0.32	-0.36	-0.21	-0.18
Net Interest Income	0.75	0.6	0.83	-0.11	0.25	0.04	0.03	-0.22	0.31	0.23	0.46	-0.21	-0.28	0.91	0.85	-0.81	0.58	-0.32		0.98	0.84	0.69
Interest Income	0.81	0.53	0.83	-0.08	0.18	-0.04	-0.04	-0.12	0.22	0.24	0.36	-0.27	-0.28	0.88	0.86	-0.73	0.49	-0.36	0.98		0.74	0.76
Reconciled Depreciation	0.52	0.62	0.71	-0.23	0.34	0.18	0.18	-0.5	0.46	0.15	0.59	-0.08	-0.19	0.77	0.6	-0.92	0.68	-0.21	0.84	0.74		0.39
Extraordinary Items	0.88	0.05	0.78	0.03	0.03	-0.17	-0.17	0.05	-0.02	-0.13	0.04	-0.19	-0.1	0.48	0.59	-0.46	0.23	-0.18	0.69	0.76	0.39

Click cells to compare fundamentals

Discover Financial Account Relationship Matchups

Discover Financial income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	1.6B	2.1B	2.5B	1.9B	4.7B	5.0B
Total Revenue	11.5B	11.1B	12.1B	13.3B	9.8B	9.1B
Gross Profit	11.5B	11.1B	12.1B	13.3B	20.6B	21.6B
Other Operating Expenses	2.1B	2.0B	5.0B	1.9B	4.7B	5.0B
Operating Income	3.8B	1.4B	7.1B	7.6B	5.1B	4.6B
Ebit	4.1B	1.7B	7.4B	6.1B	3.8B	4.6B
Ebitda	4.3B	1.9B	7.6B	6.3B	4.0B	4.8B
Total Operating Expenses	2.1B	2.0B	(5.0B)	1.9B	4.7B	3.5B
Income Before Tax	3.8B	1.4B	7.1B	5.7B	3.8B	3.2B
Total Other Income Expense Net	3.8B	(155M)	(1.1B)	(149M)	(1.3B)	(1.4B)
Net Income	3.0B	1.1B	5.4B	4.4B	2.9B	2.2B
Income Tax Expense	878M	294M	1.6B	1.4B	886M	1.0B
Depreciation And Amortization	164M	198M	189M	194M	187M	168.7M
Selling General Administrative	1.7B	1.9B	2.0B	2.1B	2.4B	1.5B
Selling And Marketing Expenses	883M	659M	810M	1.0B	1.2B	771.9M
Cost Of Revenue	315M	350M	409M	(10.8B)	(9.7B)	(9.2B)
Net Income Applicable To Common Shares	3.0B	1.1B	5.4B	4.3B	4.9B	5.2B
Net Income From Continuing Ops	3.0B	1.1B	5.4B	4.4B	3.6B	3.0B
Tax Provision	878M	294M	1.6B	1.4B	1.1B	897.2M
Net Interest Income	9.5B	9.2B	9.5B	11.0B	12.7B	10.1B
Interest Income	12.0B	11.1B	10.7B	12.9B	16.8B	12.3B
Reconciled Depreciation	436M	485M	531M	561M	491M	523.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Discover Stock Analysis

When running Discover Financial's price analysis, check to measure Discover Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Discover Financial is operating at the current time. Most of Discover Financial's value examination focuses on studying past and present price action to predict the probability of Discover Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discover Financial's price. Additionally, you may evaluate how the addition of Discover Financial to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Discover Historical Income Statement

About Discover Income Statement Analysis

Discover Financial Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Discover Financial income statement Correlations

Discover Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Discover Financial income statement Accounts

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Discover Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ebitda	+ 1.0	Ebit
Net Income	+ 0.98	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Net Income
Interest Income	+ 0.98	Net Interest Income
Ebit	+ 0.94	Operating Income
Ebitda	+ 0.94	Operating Income

Reconciled Depreciation	- 0.92	Cost Of Revenue
Net Interest Income	- 0.81	Cost Of Revenue
Cost Of Revenue	- 0.77	Selling General Administrative
Interest Income	- 0.73	Cost Of Revenue
Cost Of Revenue	- 0.71	Gross Profit
Cost Of Revenue	- 0.59	Total Revenue