Discover Financial Services (DFS) Enterprise Value (EV): $51.26B
The enterprise value (EV) for Discover Financial Services (DFS) is $51.26B as of Tuesday, June 9, 2026.
DFS Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$51.26B
DFS Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Discover Financial Services (DFS) | — | $51.26B |
| MetLife, Inc. (MET) | $55.06B | $50.64B |
| Arthur J. Gallagher & Co. (AJG) | $55.77B | $79.98B |
| The Allstate Corporation (ALL) | $55.91B | $61.20B |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) | $44.77B | N/A |
| MSCI Inc. (MSCI) | $44.23B | $50.06B |
| Aflac Incorporated (AFL) | $58.84B | $60.61B |
| Coinbase Global, Inc. (COIN) | $40.97B | $55.36B |
| American International Group, Inc. (AIG) | $39.19B | $56.26B |
| The Travelers Companies, Inc. (TRV) | $63.85B | $73.59B |
Enterprise Value Calculation
Market Cap
$50.34B
Total Debt
$16.25B
Cash
$8.47B
Enterprise Value
$51.26B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Discover Financial Services Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Discover Financial Services Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Discover Financial Services (DFS)?
- The enterprise value (EV) for DFS stock is $51.26B.
Related Metrics
About Discover Financial Services
Based in Riverwoods, Illinois, and founded in 1960, Discover Financial Services offers a comprehensive suite of digital banking and payment solutions throughout the United States. Its operations are organized into two primary divisions: Digital Banking and Payment Services. The Digital Banking segment caters to individuals with Discover-branded credit cards, various consumer loan products including private student, personal, and home loans, and a direct-to-consumer deposit portfolio featuring savings, certificates of deposit (CDs), money market, checking, and sweep accounts, alongside specialized IRA deposit options. The Payment Services segment is responsible for operating the PULSE network, which supports automated teller machines, debit transactions, and electronic funds transfers. It also oversees Diners Club International, a global payments network involved in issuing branded charge cards and facilitating card acceptance. Furthermore, this segment provides essential payment transaction processing and settlement services.
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- CEO
- J. Michael Shepherd