Discover Financial Services (DFS) Quick Ratio (Acid-Test): 0.15
Is Discover Financial Services’s quick ratio (acid-test) high or low?
Discover Financial Services's quick ratio (acid-test) of 0.15 is 55% below its 5-year average of 0.33, near the low end of its 5-year range (0.10–1.29).
The quick ratio (acid-test) for Discover Financial Services (DFS) is 0.15 as of Tuesday, June 9, 2026. It is below its 12-month average by 79.17% (0.72).
DFS Quick Ratio (Acid-Test) Chart
DFS Average Quick Ratio (Acid-Test) Chart
DFS Current vs Average Quick Ratio (Acid-Test) Chart
DFS Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.15
QUICK RATIO (ACID-TEST) AVG TTM
0.72
QUICK RATIO (ACID-TEST) AVG 3Y
0.42
QUICK RATIO (ACID-TEST) AVG 5Y
0.33
QUICK RATIO (ACID-TEST) AVG 10Y
0.28
QUICK RATIO (ACID-TEST) AVG 15Y
0.25
QUICK RATIO (ACID-TEST) AVG 20Y
0.27
CURRENT VS TTM AVG
-79.17%
CURRENT VS 3Y AVG
-64.71%
CURRENT VS 5Y AVG
-55.22%
CURRENT VS 10Y AVG
-46.25%
CURRENT VS 15Y AVG
-40.48%
CURRENT VS 20Y AVG
-44.95%
DFS Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Discover Financial Services (DFS) | — | 0.15 | 0.72 | 0.42 | 0.33 |
| MetLife, Inc. (MET) | $55.06B | 0.65 | 0.60 | 0.97 | 1.07 |
| Arthur J. Gallagher & Co. (AJG) | $55.77B | 1.06 | 1.29 | 1.16 | 1.13 |
| The Allstate Corporation (ALL) | $55.91B | 0.37 | 0.37 | 0.37 | 0.37 |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) | $44.77B | N/A | N/A | N/A | N/A |
| MSCI Inc. (MSCI) | $44.23B | 0.90 | 0.88 | 1.02 | 1.28 |
| Aflac Incorporated (AFL) | $58.84B | 0.00 | 144.22 | 178.11 | 178.11 |
| Coinbase Global, Inc. (COIN) | $40.97B | 2.34 | 2.31 | 1.94 | 1.76 |
| American International Group, Inc. (AIG) | $39.19B | 0.85 | 1.06 | 1.67 | 2.11 |
| The Travelers Companies, Inc. (TRV) | $63.85B | 0.55 | 0.91 | 1.11 | 1.16 |
Liquidity Comparison
Quick Ratio
0.15
Excludes inventory
Current Ratio
0.15
Includes inventory
Discover Financial Services Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Discover Financial Services Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Discover Financial Services (DFS)?
- The quick ratio (acid-test) for DFS stock is 0.15.
- Is Discover Financial Services's quick ratio (acid-test) high or low?
- Discover Financial Services's quick ratio (acid-test) of 0.15 is 55% below its 5-year average of 0.33, near the low end of its 5-year range (0.10–1.29).
- What is the TTM average quick ratio (acid-test) for Discover Financial Services (DFS)?
- The TTM average quick ratio (acid-test) for DFS stock is 0.72.
- What is the 3Y average quick ratio (acid-test) for Discover Financial Services (DFS)?
- The 3Y average quick ratio (acid-test) for DFS stock is 0.42.
- What is the 5Y average quick ratio (acid-test) for Discover Financial Services (DFS)?
- The 5Y average quick ratio (acid-test) for DFS stock is 0.33.
- What is the 10Y average quick ratio (acid-test) for Discover Financial Services (DFS)?
- The 10Y average quick ratio (acid-test) for DFS stock is 0.28.
- What is the 15Y average quick ratio (acid-test) for Discover Financial Services (DFS)?
- The 15Y average quick ratio (acid-test) for DFS stock is 0.25.
- What is the 20Y average quick ratio (acid-test) for Discover Financial Services (DFS)?
- The 20Y average quick ratio (acid-test) for DFS stock is 0.27.
Discover Financial Services Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2024-12-31 | 0.15 |
| 2023-12-31 | 1.29 |
| 2022-12-31 | 0.11 |
| 2021-12-31 | 0.15 |
| 2020-12-31 | 0.21 |
| 2019-12-31 | 0.10 |
| 2018-12-31 | 0.19 |
| 2017-12-31 | 0.22 |
| 2016-12-31 | 0.21 |
| 2015-12-31 | 0.21 |
| 2014-12-31 | 0.23 |
| 2013-12-31 | 0.16 |
| 2012-11-30 | 0.19 |
| 2011-11-30 | 0.21 |
| 2010-11-30 | 0.15 |
| 2009-11-30 | 0.47 |
| 2008-11-30 | 0.41 |
| 2007-11-30 | 0.44 |
| 2006-11-30 | 0.19 |
| 2005-11-30 | 0.16 |
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