Discover Financial Services (DFS)

DFS Balance Sheet

Assets, liabilities, and equity analysis

DFS Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2025	12/31/2024	09/30/2024	06/30/2024	03/31/2024	12/31/2023	09/30/2023	06/30/2023
Total Current Assets	19.377B	19.377B	16.179B	13.705B	12.593B	15.975B	11.685B	11.037B	10.451B
Cash & Cash Equivalents	11.865B	11.865B	8.474B	10.787B	10.865B	14.004B	11.685B	9.194B	8.605B
Short-Term Investments	7.512B	7.512B	7.705B	2.918B	1.728B	1.971B	0.00	1.843B	1.846B
Cash & Short-Term Investments	19.377B	19.377B	16.179B	13.705B	12.593B	15.975B	11.685B	11.037B	10.451B
Accounts Receivable	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	147.914B	147.914B	147.640B	151.615B	150.867B	152.689B	151.713B	143.432B	138.082B
Property, Plant & Equipment	1.080B	1.080B	1.072B	1.085B	1.087B	1.107B	1.091B	1.084B	1.053B
Goodwill	255.000M	255.000M	255.000M	255.000M	255.000M	255.000M	255.000M	255.000M	255.000M
Intangible Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Investments	121.286B	121.286B	133.466B	139.675B	139.429B	138.106B	142.064B	134.169B	129.526B
Total Current Liabilities	108.220B	108.220B	107.009B	110.602B	108.350B	110.430B	109.681B	104.019B	103.950B
Accounts Payable	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Short-Term Debt	0.00	0.00	0.00	750.000M	0.00	0.00	750.000M	0.00	0.00
Total Liabilities	128.951B	128.951B	129.714B	134.506B	134.800B	137.969B	137.478B	129.196B	124.226B
Long-Term Debt	14.538B	14.538B	16.253B	17.427B	19.141B	20.475B	20.581B	19.467B	20.276B
Total Debt	14.538B	14.538B	16.253B	18.177B	19.141B	20.475B	21.331B	19.467B	20.276B
Net Debt (Cash)	2.673B	2.673B	7.779B	7.390B	8.276B	6.471B	9.646B	10.273B	11.671B
Total Shareholders' Equity	18.963B	18.963B	17.926B	17.109B	16.067B	14.720B	14.235B	14.236B	13.856B
Common Stock	6.000M	6.000M	6.000M	6.000M	6.000M	6.000M	6.000M	6.000M	6.000M
Retained Earnings	34.478B	34.478B	33.583B	32.469B	31.864B	30.511B	29.855B	30.236B	29.761B
Current Ratio	0.18	0.18	0.15	0.12	0.12	0.14	0.11	0.11	0.10
Debt to Equity Ratio	0.77	0.77	0.91	1.06	1.19	1.39	1.50	1.37	1.46

DFS Annual Balance Sheet (USD)

Annual Report	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Total Current Assets	16.179B	150.324B	10.563B	11.680B	17.169B	7.913B	13.299B	13.978B
Cash & Cash Equivalents	8.474B	11.685B	8.856B	8.750B	13.564B	6.924B	13.299B	13.306B
Short-Term Investments	7.705B	13.655B	1.707B	2.016B	2.661B	0.00	0.00	672.000M
Cash & Short-Term Investments	16.179B	25.340B	10.563B	10.766B	16.225B	6.924B	13.299B	13.978B
Accounts Receivable	0.00	119.126B	0.00	914.000M	944.000M	989.000M	0.00	0.00
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	147.640B	151.713B	131.851B	110.242B	112.889B	113.996B	109.553B	100.087B
Property, Plant & Equipment	1.072B	1.091B	1.003B	983.000M	1.027B	1.057B	936.000M	825.000M
Goodwill	255.000M	255.000M	255.000M	255.000M	255.000M	255.000M	255.000M	255.000M
Intangible Assets	0.00	0.00	0.00	0.00	95.000M	155.000M	161.000M	163.000M
Long-Term Investments	133.466B	0.00	122.621B	98.572B	99.902B	106.489B	93.882B	85.144B
Total Current Liabilities	107.009B	116.897B	96.930B	78.357B	80.764B	76.436B	71.195B	62.869B
Accounts Payable	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Short-Term Debt	0.00	750.000M	0.00	1.750B	0.00	0.00	0.00	0.00
Total Liabilities	129.714B	137.478B	117.956B	96.834B	102.005B	102.137B	98.423B	89.195B
Long-Term Debt	16.253B	20.581B	20.108B	18.477B	21.241B	25.701B	27.228B	26.326B
Total Debt	16.253B	21.331B	20.108B	20.227B	21.241B	25.701B	27.228B	26.326B
Net Debt (Cash)	7.779B	9.646B	11.252B	11.477B	7.677B	18.777B	13.929B	13.020B
Total Shareholders' Equity	17.926B	14.235B	13.895B	13.408B	10.884B	11.859B	11.130B	10.892B
Common Stock	6.000M	6.000M	6.000M	6.000M	6.000M	6.000M	6.000M	6.000M
Retained Earnings	33.583B	29.855B	27.758B	24.766B	19.955B	21.290B	18.906B	16.687B
Current Ratio	0.15	1.29	0.11	0.15	0.21	0.10	0.19	0.22
Debt to Equity Ratio	0.91	1.50	1.45	1.51	1.95	2.17	2.45	2.42

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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.

Riverwoods, IL

21,000 employees

www.discover.com

Financial Services / Financial - Credit Services

Sector: Financial Services
Industry: Financial - Credit Services
CEO: J. Michael Shepherd

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