Which has grown faster, DFS or SQ?

Over the past five years, DFS grew revenue faster — DFS at a 13.84% CAGR versus SQ at 9.47%.

Is DFS or SQ more profitable?

DFS runs the higher net margin — DFS at 21.65% versus SQ at -3.80%.

How have DFS and SQ total returns compared?

Over the past 5 years, DFS delivered 42.81% and SQ delivered 4.50% annualized total return. Past performance doesn't predict future results.

Discover Financial Services (DFS) vs Block, Inc. (SQ)

A side-by-side comparison of Discover Financial Services and Block, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

Different business models: DFS is classified in Financial Services; SQ is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

DFS

Discover Financial Services

$50.34B

$200.05Financial ServicesDelayed quote: May 16, 2025, 4:00 PM EDT

Block, Inc.

$51.73B

$83.46TechnologyDelayed quote: Feb 13, 2025, 11:08 AM EST

Total return — DFS vs SQ

growth of $100 · dividends reinvested · last 9y

DFS +321.7% (+17.3%/yr)SQ +578.4% (+23.7%/yr)SQ compounded faster over this window

DFS SQ

DFS vs SQ: by the numbers

•SQ is the larger company ($51.73B vs $50.34B market cap).
•DFS is profitable (21.65% net margin) while SQ runs a net loss (-3.80%).
•DFS grew revenue faster over the past five years (13.84% vs 9.47% CAGR).

Metrics side by side

Valuation

Metric	DFS	SQ
P/E ratio	10.67	N/A
Forward P/E	12.59	20.58
P/S ratio	2.27	N/A
P/B ratio	2.65	N/A

Profitability

Metric	DFS	SQ
Gross margin	89.46%	46.36%
Operating margin	88.29%	4.67%
Net margin	21.65%	-3.80%
ROE	25.29%	-4.32%
ROIC	N/A	2.20%

Growth (annualized)

Metric	DFS	SQ
Revenue CAGR (5Y)	13.84%	9.47%
EPS CAGR (5Y)	14.26%	N/A
FCF CAGR (5Y)	N/A	56.53%
Total return CAGR (5Y)	42.81%	4.50%

Frequently asked

Which has grown faster, DFS or SQ?: Over the past five years, DFS grew revenue faster — DFS at a 13.84% CAGR versus SQ at 9.47%.
Is DFS or SQ more profitable?: DFS runs the higher net margin — DFS at 21.65% versus SQ at -3.80%.
How have DFS and SQ total returns compared?: Over the past 5 years, DFS delivered 42.81% and SQ delivered 4.50% annualized total return. Past performance doesn't predict future results.

Go deeper

Full DFS analysis Full SQ analysis Interactive comparison tool

Dig into the metrics

Discover Financial Services P/E ratio Discover Financial Services ROE Block ROE Discover Financial Services operating margin Block operating margin Discover Financial Services revenue growth Block revenue growth Block free cash flow

Discover Financial Services & Block appear in these rankings

Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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 September 11, 2026.