Discover Financial Services (DFS) vs Nasdaq, Inc. (NDAQ)

DFS leads on 13 of 14 compared metrics.

A side-by-side comparison of Discover Financial Services and Nasdaq, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — DFS vs NDAQ

growth of $100 · last 18y
DFS +595.8%NDAQ +663.2%NDAQ compounded faster
0200400600800Start $100201020132016201920222025$696$763
DFS NDAQ

DFS vs NDAQ: by the numbers

  • DFS is the larger company ($50.34B vs $47.10B market cap).
  • DFS trades at the lower earnings multiple (10.67 vs 25.09 P/E).
  • NDAQ converts more revenue to profit (23.15% vs 21.65% net margin).
  • DFS grew revenue faster over the past five years (13.84% vs 6.89% CAGR).
  • DFS pays the higher dividend yield (1.40% vs 1.34%).

Which is better, DFS or NDAQ?

Metric tally: DFS 13 · NDAQ 1

It depends on what you're optimizing for:

ValueDFS(lower P/E)
GrowthDFS(faster 5Y revenue CAGR)
IncomeDFS(higher dividend yield)
QualityDFS(higher ROIC)

Metrics side by side

Valuation

MetricDFSNDAQ
P/E ratio10.6725.09
Forward P/E12.5918.72
P/S ratio2.285.76
P/B ratio2.663.96
PEG ratio0.150.51

Profitability

MetricDFSNDAQ
Gross margin65.86%54.81%
Operating margin34.55%29.53%
Net margin21.65%23.15%
ROE25.29%15.90%
ROIC32.48%8.26%

Dividends

MetricDFSNDAQ
Dividend yield1.40%1.34%
Payout ratio15.81%35.78%

Growth (annualized)

MetricDFSNDAQ
Revenue CAGR (5Y)13.84%6.89%
EPS CAGR (5Y)14.26%10.62%
Total return CAGR (5Y)42.63%8.27%

Frequently asked

Which is better, DFS or NDAQ?
It depends on your goal. value: DFS (lower P/E); growth: DFS (faster 5Y revenue CAGR); income: DFS (higher dividend yield); quality: DFS (higher ROIC). Across all compared metrics, DFS leads 13 to 1.
Is DFS or NDAQ cheaper?
On trailing earnings, DFS is cheaper: DFS trades at a 10.67 P/E and NDAQ at 25.09.
Which has grown faster, DFS or NDAQ?
Over the past five years, DFS grew revenue faster — DFS at a 13.84% CAGR versus NDAQ at 6.89%.
Does DFS or NDAQ pay a bigger dividend?
DFS yields 1.40% and NDAQ yields 1.34% based on trailing dividends and the latest price.
Is DFS or NDAQ more profitable?
NDAQ runs the higher net margin — DFS at 21.65% versus NDAQ at 23.15%.
Which has been the better investment, DFS or NDAQ?
Over the past 10-year, NDAQ delivered the higher annualized total return — DFS at 15.34% versus NDAQ at 16.46%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 17, 2026.