Discover Financial Services (DFS) Net Income CAGR:69.92%(TTM)
The net income cagr for Discover Financial Services (DFS) is +69.92% over the latest trailing 12-month period. Net income CAGR uses precomputed financial statement history.
The net income cagr for Discover Financial Services (DFS) stock is 69.92% over the past 12 months. The 3 year average growth rate is -1.45% and the 5 year cagr is 17.51%. Net income CAGR shows how Discover Financial Services's bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
DFS Net Income CAGR Chart
Discover Financial Services (DFS)
DFS Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2024 | $2.80B | $4.54B | +$1.74B | +62.20% | +62.20% |
| 2023 | $4.37B | $2.80B | $-1.58B | -36.08% | -36.08% |
| 2022 | $5.42B | $4.37B | $-1.05B | -19.33% | -19.33% |
| 2021 | $1.14B | $5.42B | +$4.28B | +375.20% | +375.20% |
| 2020 | $2.96B | $1.14B | $-1.82B | -61.41% | -61.41% |
| 2019 | $2.74B | $2.96B | +$215.00M | +7.84% | +7.84% |
| 2018 | $2.10B | $2.74B | +$643.00M | +30.63% | +30.63% |
| 2017 | $2.39B | $2.10B | $-294.00M | -12.29% | -12.29% |
| 2016 | $2.30B | $2.39B | +$96.00M | +4.18% | +4.18% |
| 2015 | $2.32B | $2.30B | $-26.00M | -1.12% | -1.12% |
| 2014 | $2.47B | $2.32B | $-147.00M | -5.95% | -5.95% |
| 2013 | $2.35B | $2.47B | +$119.00M | +5.06% | +5.06% |
| 2012 | $2.23B | $2.35B | +$124.00M | +5.57% | +5.57% |
| 2011 | $764.79M | $2.23B | +$1.46B | +191.19% | +191.19% |
| 2010 | $1.28B | $764.79M | $-511.40M | -40.07% | -40.07% |
| 2009 | $927.75M | $1.28B | +$348.44M | +37.56% | +37.56% |
| 2008 | $588.63M | $927.75M | +$339.12M | +57.61% | +57.61% |
| 2007 | $1.08B | $588.63M | $-487.99M | -45.33% | -45.33% |
| 2006 | $577.91M | $1.08B | +$498.70M | +86.29% | +86.29% |
| 2005 | $776.25M | $577.91M | $-198.34M | -25.55% | -25.55% |
| 2004 | $648.63M | $776.25M | +$127.62M | +19.68% | +19.68% |
Quarterly Net Income — QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2025 | $1.10B | -14.5% | +29.7% |
| Q4 2024 | $1.29B | +48.4% | +232.7% |
| Q3 2024 | $870.00M | -43.1% | +27.4% |
| Q2 2024 | $1.53B | +79.8% | +69.8% |
| Q1 2024 | $851.00M | +119.3% | -12.1% |
| Q4 2023 | $388.00M | -43.2% | -62.4% |
| Q3 2023 | $683.00M | -24.2% | -29.9% |
| Q2 2023 | $901.00M | -6.9% | -17.9% |
| Q1 2023 | $968.00M | -6.3% | -19.7% |
| Q4 2022 | $1.03B | +5.9% | -2.7% |
| Q3 2022 | $975.00M | -11.1% | -7.6% |
| Q2 2022 | $1.10B | -9.0% | -35.0% |
| Q1 2022 | $1.21B | +13.5% | -22.1% |
| Q4 2021 | $1.06B | +0.7% | +33.6% |
| Q3 2021 | $1.05B | -37.5% | +40.5% |
| Q2 2021 | $1.69B | +9.2% | +558.7% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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