Discover Financial Services (DFS) Selling, General & Administrative Expenses
The sg&a expense for Discover Financial Services (DFS) is $2.34 Billion with a year-over-year change of -61.76%. Selling, General & Administrative (SG&A) expenses include all costs related to selling products and running the business that are not directly tied to production.
DFS SG&A Expense Chart
Current SG&A Expense
$2.34B
$2.34 Billion
Year-over-Year Change
-61.76%
vs. $6.13B prior year
Historical Data
22
Years of data available
Annual SG&A Expense History
| Year | SG&A Expense | YoY Change | % Change |
|---|---|---|---|
| 2024 | $2.34B | $-3.79B | -61.76% |
| 2023 | $6.13B | +$2.96B | +93.13% |
| 2022 | $3.17B | +$378.00M | +13.52% |
| 2021 | $2.80B | +$243.00M | +9.52% |
| 2020 | $2.55B | $-68.00M | -2.59% |
| 2019 | $2.62B | +$137.00M | +5.52% |
| 2018 | $2.48B | +$196.00M | +8.57% |
| 2017 | $2.29B | +$178.00M | +8.44% |
| 2016 | $2.11B | +$38.00M | +1.83% |
| 2015 | $2.07B | +$95.00M | +4.81% |
| 2014 | $1.98B | +$96.00M | +5.10% |
| 2013 | $1.88B | +$217.00M | +13.04% |
| 2012 | $1.66B | +$213.00M | +14.68% |
| 2011 | $1.45B | $-72.85M | -4.78% |
| 2010 | $1.52B | +$290.14M | +23.52% |
| 2009 | $1.23B | $-142.59M | -10.36% |
| 2008 | $1.38B | $-156.00M | -10.18% |
| 2007 | $1.53B | $-4.46M | -0.29% |
| 2006 | $1.54B | +$80.32M | +5.51% |
| 2005 | $1.46B | +$122.49M | +9.18% |
| 2004 | $1.33B | +$1.33B | — |
| 2003 | $0 | — | — |
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