Discover Financial Services (DFS) Return on Equity (ROE): 25.30%
Is Discover Financial Services’s return on equity (ROE) high or low?
Discover Financial Services's return on equity (ROE) of 25.30% is in line with its 5-year average of 25.38%, around the middle of its 5-year range (10.48%–40.44%).
The return on equity (ROE) for Discover Financial Services (DFS) is 25.30% as of Tuesday, June 9, 2026. It is above its 12-month average by 12.59% (22.47%).
DFS Return on Equity (ROE) Chart
DFS Average Return on Equity (ROE) Chart
DFS Current vs Average Return on Equity (ROE) Chart
DFS Return on Equity (ROE) Metrics
RETURN ON EQUITY (ROE)
25.30%
RETURN ON EQUITY (ROE) AVG TTM
22.47%
RETURN ON EQUITY (ROE) AVG 3Y
29.21%
RETURN ON EQUITY (ROE) AVG 5Y
25.38%
RETURN ON EQUITY (ROE) AVG 10Y
23.50%
RETURN ON EQUITY (ROE) AVG 15Y
22.94%
RETURN ON EQUITY (ROE) AVG 20Y
20.83%
CURRENT VS TTM AVG
+12.59%
CURRENT VS 3Y AVG
-13.40%
CURRENT VS 5Y AVG
-0.31%
CURRENT VS 10Y AVG
+7.64%
CURRENT VS 15Y AVG
+10.30%
CURRENT VS 20Y AVG
+21.47%
DFS Competitors' Return on Equity (ROE)
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Discover Financial Services (DFS) | — | 25.30% | 22.47% | 29.21% | 25.38% |
| MetLife, Inc. (MET) | $55.06B | 11.90% | 14.02% | 12.74% | 11.40% |
| Arthur J. Gallagher & Co. (AJG) | $55.77B | 6.41% | 6.83% | 8.71% | 9.79% |
| The Allstate Corporation (ALL) | $55.91B | 33.59% | 27.68% | 11.73% | 11.97% |
| 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 | -45.29% | -81.64% | -101.23% | -164.13% |
| Aflac Incorporated (AFL) | $58.84B | 12.36% | 16.61% | 19.09% | 17.22% |
| Coinbase Global, Inc. (COIN) | $40.97B | 8.52% | 16.81% | -3.25% | 12.88% |
| American International Group, Inc. (AIG) | $39.19B | 7.53% | 2.12% | 9.30% | 7.33% |
| The Travelers Companies, Inc. (TRV) | $63.85B | 19.12% | 18.53% | 15.56% | 14.03% |
Return Analysis
ROE
25.3%
ROA
3.1%
Discover Financial Services Return on Equity (ROE) Formula & Definition
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Discover Financial Services Return on Equity (ROE) FAQ
- What is the return on equity (ROE) for Discover Financial Services (DFS)?
- The return on equity (ROE) for DFS stock is 25.30%.
- Is Discover Financial Services's return on equity (ROE) high or low?
- Discover Financial Services's return on equity (ROE) of 25.30% is in line with its 5-year average of 25.38%, around the middle of its 5-year range (10.48%–40.44%).
- What is the TTM average return on equity (ROE) for Discover Financial Services (DFS)?
- The TTM average return on equity (ROE) for DFS stock is 22.47%.
- What is the 3Y average return on equity (ROE) for Discover Financial Services (DFS)?
- The 3Y average return on equity (ROE) for DFS stock is 29.21%.
- What is the 5Y average return on equity (ROE) for Discover Financial Services (DFS)?
- The 5Y average return on equity (ROE) for DFS stock is 25.38%.
- What is the 10Y average return on equity (ROE) for Discover Financial Services (DFS)?
- The 10Y average return on equity (ROE) for DFS stock is 23.50%.
- What is the 15Y average return on equity (ROE) for Discover Financial Services (DFS)?
- The 15Y average return on equity (ROE) for DFS stock is 22.94%.
- What is the 20Y average return on equity (ROE) for Discover Financial Services (DFS)?
- The 20Y average return on equity (ROE) for DFS stock is 20.83%.
Discover Financial Services Return on Equity (ROE) History
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2024-12-31 | 25.30% |
| 2023-12-31 | 19.64% |
| 2022-12-31 | 31.48% |
| 2021-12-31 | 40.44% |
| 2020-12-31 | 10.48% |
| 2019-12-31 | 24.93% |
| 2018-12-31 | 24.64% |
| 2017-12-31 | 19.27% |
| 2016-12-31 | 21.13% |
| 2015-12-31 | 20.37% |
| 2014-12-31 | 20.86% |
| 2013-12-31 | 22.85% |
| 2012-11-30 | 23.81% |
| 2011-11-30 | 27.02% |
| 2010-11-30 | 11.84% |
| 2009-11-30 | 15.13% |
| 2008-11-30 | 15.68% |
| 2007-11-30 | 10.51% |
| 2006-11-30 | 18.64% |
| 2005-11-30 | 12.56% |
| 2004-11-30 | 0.00% |
| 2003-11-30 | 17.03% |
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