Discover Financial Services (DFS) vs The Travelers Companies, Inc. (TRV)
DFS leads on 8 of 14 compared metrics, though TRV is the cheaper stock.
A side-by-side comparison of Discover Financial Services and The Travelers Companies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
DFS
Discover Financial Services
$200.05Financial Services
TRV
The Travelers Companies, Inc.
$304.46Financial Services
Total return — DFS vs TRV
growth of $100 · last 18yDFS +595.8%TRV +396.4%DFS compounded faster
DFS TRV
DFS vs TRV: by the numbers
- •TRV is the larger company ($64.74B vs $50.34B market cap).
- •TRV trades at the lower earnings multiple (9.06 vs 10.67 P/E).
- •DFS converts more revenue to profit (21.65% vs 15.54% net margin).
- •DFS grew revenue faster over the past five years (13.84% vs 8.61% CAGR).
- •TRV pays the higher dividend yield (1.49% vs 1.40%).
Which is better, DFS or TRV?
Metric tally: DFS 8 · TRV 6It depends on what you're optimizing for:
ValueTRV(lower P/E)
GrowthDFS(faster 5Y revenue CAGR)
IncomeTRV(higher dividend yield)
QualityDFS(higher ROIC)
Valuation
| Metric | DFS | TRV |
|---|---|---|
| P/E ratio | 10.67 | 9.06● |
| Forward P/E | 12.59 | 10.85● |
| P/S ratio | 2.28 | 1.36● |
| P/B ratio | 2.66 | 2.08● |
| PEG ratio | 0.15● | 0.37 |
Profitability
| Metric | DFS | TRV |
|---|---|---|
| Gross margin | 65.86%● | 44.02% |
| Operating margin | 34.55%● | 19.30% |
| Net margin | 21.65%● | 15.54% |
| ROE | 25.29%● | 23.77% |
| ROIC | 32.48%● | 12.10% |
Dividends
| Metric | DFS | TRV |
|---|---|---|
| Dividend yield | 1.40% | 1.49%● |
| Payout ratio | 15.81% | 16.34% |
Growth (annualized)
| Metric | DFS | TRV |
|---|---|---|
| Revenue CAGR (5Y) | 13.84%● | 8.61% |
| EPS CAGR (5Y) | 14.26% | 21.40%● |
| Total return CAGR (5Y) | 42.63%● | 16.77% |
Frequently asked
- Which is better, DFS or TRV?
- It depends on your goal. value: TRV (lower P/E); growth: DFS (faster 5Y revenue CAGR); income: TRV (higher dividend yield); quality: DFS (higher ROIC). Across all compared metrics, DFS leads 8 to 6.
- Is DFS or TRV cheaper?
- On trailing earnings, TRV is cheaper: DFS trades at a 10.67 P/E and TRV at 9.06.
- Which has grown faster, DFS or TRV?
- Over the past five years, DFS grew revenue faster — DFS at a 13.84% CAGR versus TRV at 8.61%.
- Does DFS or TRV pay a bigger dividend?
- DFS yields 1.40% and TRV yields 1.49% based on trailing dividends and the latest price.
- Is DFS or TRV more profitable?
- DFS runs the higher net margin — DFS at 21.65% versus TRV at 15.54%.
- Which has been the better investment, DFS or TRV?
- Over the past 10-year, DFS delivered the higher annualized total return — DFS at 15.34% versus TRV at 12.75%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Discover Financial Services P/E ratioTravelers Companies P/E ratioDiscover Financial Services dividend yieldTravelers Companies dividend yieldDiscover Financial Services ROETravelers Companies ROEDiscover Financial Services operating marginTravelers Companies operating marginDiscover Financial Services revenue growthTravelers Companies revenue growthDiscover Financial Services free cash flowTravelers Companies free cash flow
Discover Financial Services & Travelers Companies appear in these rankings
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 14, 2026.