Discover Financial Services (DFS) Revenue
The annual revenue for Discover Financial Services (DFS) is $20.02 Billion with a year-over-year growth of +12.19%. Revenue represents the total income generated from the company's primary business operations.
Annual Revenue (TTM)
$20.02B
$20.02 Billion
Year-over-Year Growth
+12.19%
vs. $17.84B prior year
Revenue CAGR
+13.84%
5 Year compound annual growth rate
Revenue CAGR (Compound Annual Growth Rate)
1 Year
+72.34%
3 Year
+22.00%
5 Year
+13.84%
10 Year
+9.96%
15 Year
+8.08%
20 Year
N/A
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Revenue History
| Year | Revenue | YoY Change | % Change |
|---|---|---|---|
| 2024 | $20.02B | +$2.17B | +12.19% |
| 2023 | $17.84B | +$4.51B | +33.80% |
| 2022 | $13.34B | +$1.25B | +10.34% |
| 2021 | $12.09B | +$999.00M | +9.01% |
| 2020 | $11.09B | ($371.00M) | (3.24%) |
| 2019 | $11.46B | +$750.00M | +7.00% |
| 2018 | $10.71B | +$812.00M | +8.20% |
| 2017 | $9.90B | +$798.00M | +8.77% |
| 2016 | $9.10B | +$360.00M | +4.12% |
| 2015 | $8.74B | +$262.00M | +3.09% |
Revenue Growth Summary
TTM Growth
+72.34%
3-Year Avg Growth
+22.00%
5-Year Avg Growth
+13.84%
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