Discover Financial Services (DFS) Return on Assets (ROA): 3.07%
Is Discover Financial Services’s return on assets (ROA) high or low?
Discover Financial Services's return on assets (ROA) of 3.07% is in line with its 5-year average of 2.79%, around the middle of its 5-year range (1.01%–4.92%).
The return on assets (ROA) for Discover Financial Services (DFS) is 3.07% as of Tuesday, June 9, 2026. It is above its 12-month average by 25.05% (2.46%).
DFS Return on Assets (ROA) Chart
DFS Average Return on Assets (ROA) Chart
DFS Current vs Average Return on Assets (ROA) Chart
DFS Return on Assets (ROA) Metrics
RETURN ON ASSETS (ROA)
3.07%
RETURN ON ASSETS (ROA) AVG TTM
2.46%
RETURN ON ASSETS (ROA) AVG 3Y
3.29%
RETURN ON ASSETS (ROA) AVG 5Y
2.79%
RETURN ON ASSETS (ROA) AVG 10Y
2.67%
RETURN ON ASSETS (ROA) AVG 15Y
2.68%
RETURN ON ASSETS (ROA) AVG 20Y
2.63%
CURRENT VS TTM AVG
+25.05%
CURRENT VS 3Y AVG
-6.62%
CURRENT VS 5Y AVG
+9.97%
CURRENT VS 10Y AVG
+14.94%
CURRENT VS 15Y AVG
+14.64%
CURRENT VS 20Y AVG
+16.55%
DFS Competitors' Return on Assets (ROA)
| NAME | MARKET CAP | RETURN ON ASSETS (ROA) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Discover Financial Services (DFS) | — | 3.07% | 2.46% | 3.29% | 2.79% |
| MetLife, Inc. (MET) | $55.06B | 0.45% | 0.55% | 0.53% | 0.62% |
| Arthur J. Gallagher & Co. (AJG) | $55.77B | 2.11% | 2.19% | 2.29% | 2.59% |
| The Allstate Corporation (ALL) | $55.91B | 8.59% | 6.38% | 2.82% | 2.89% |
| 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 | 21.08% | 20.73% | 19.92% | 17.86% |
| Aflac Incorporated (AFL) | $58.84B | 3.13% | 3.88% | 3.70% | 3.39% |
| Coinbase Global, Inc. (COIN) | $40.97B | 4.25% | 7.84% | 3.35% | 5.99% |
| American International Group, Inc. (AIG) | $39.19B | 1.92% | 0.52% | 0.92% | 0.74% |
| The Travelers Companies, Inc. (TRV) | $63.85B | 4.38% | 4.06% | 3.24% | 3.05% |
Asset Efficiency
ROA
3.1%
ROE
25.3%
Discover Financial Services Return on Assets (ROA) Formula & Definition
ROA = Net Income / Total Assets
Return on assets measures how efficiently a company generates profit from its total assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Discover Financial Services Return on Assets (ROA) FAQ
- What is the return on assets (ROA) for Discover Financial Services (DFS)?
- The return on assets (ROA) for DFS stock is 3.07%.
- Is Discover Financial Services's return on assets (ROA) high or low?
- Discover Financial Services's return on assets (ROA) of 3.07% is in line with its 5-year average of 2.79%, around the middle of its 5-year range (1.01%–4.92%).
- What is the TTM average return on assets (ROA) for Discover Financial Services (DFS)?
- The TTM average return on assets (ROA) for DFS stock is 2.46%.
- What is the 3Y average return on assets (ROA) for Discover Financial Services (DFS)?
- The 3Y average return on assets (ROA) for DFS stock is 3.29%.
- What is the 5Y average return on assets (ROA) for Discover Financial Services (DFS)?
- The 5Y average return on assets (ROA) for DFS stock is 2.79%.
- What is the 10Y average return on assets (ROA) for Discover Financial Services (DFS)?
- The 10Y average return on assets (ROA) for DFS stock is 2.67%.
- What is the 15Y average return on assets (ROA) for Discover Financial Services (DFS)?
- The 15Y average return on assets (ROA) for DFS stock is 2.68%.
- What is the 20Y average return on assets (ROA) for Discover Financial Services (DFS)?
- The 20Y average return on assets (ROA) for DFS stock is 2.63%.
Discover Financial Services Return on Assets (ROA) History
| DATE | RETURN ON ASSETS (ROA) |
|---|---|
| 2024-12-31 | 3.07% |
| 2023-12-31 | 1.84% |
| 2022-12-31 | 3.32% |
| 2021-12-31 | 4.92% |
| 2020-12-31 | 1.01% |
| 2019-12-31 | 2.59% |
| 2018-12-31 | 2.50% |
| 2017-12-31 | 2.10% |
| 2016-12-31 | 2.59% |
| 2015-12-31 | 2.65% |
| 2014-12-31 | 2.79% |
| 2013-12-31 | 3.11% |
| 2012-11-30 | 3.20% |
| 2011-11-30 | 3.22% |
| 2010-11-30 | 1.26% |
| 2009-11-30 | 2.77% |
| 2008-11-30 | 2.33% |
| 2007-11-30 | 1.57% |
| 2006-11-30 | 3.70% |
| 2005-11-30 | 2.14% |
| 2004-11-30 | 0.00% |
| 2003-11-30 | 2.70% |
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