Discover Financial Services (DFS) — Financial Flexibility Index
Discover Financial Services (DFS) has a Financial Flexibility Index of 0.02x as of March 2025. Free cash flow of $2.20 Billion (operating CF $2.13 Billion minus capex $64.00 Million) represents 0% of total liabilities ($128.95 Billion). Check strategic asset allocation of Discover Financial Services to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Discover Financial Services Financial Flexibility Index (2005–2024)
Historical Financial Flexibility Index trend for Discover Financial Services across 20 annual periods. See Discover Financial Services short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Discover Financial Services (2005–2024)
Year-by-year free cash flow to debt coverage for Discover Financial Services. For the full company profile including market capitalisation, see Discover Financial Services (DFS) total market value.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.07x | $8.69 Billion | $8.43 Billion | $129.71 Billion | ▲ +3.3% |
| 2023 | 0.06x | $8.87 Billion | $8.56 Billion | $136.69 Billion | ▲ +2.9% |
| 2022 | 0.06x | $7.38 Billion | $7.14 Billion | $117.04 Billion | ▼ -1.8% |
| 2021 | 0.06x | $6.21 Billion | $6.02 Billion | $96.83 Billion | ▼ -78.9% |
| 2020 | 0.30x | $6.46 Billion | $6.20 Billion | $21.24 Billion | ▲ +20.6% |
| 2019 | 0.25x | $6.48 Billion | $6.20 Billion | $25.70 Billion | ▲ +355.7% |
| 2018 | 0.06x | $5.45 Billion | $5.19 Billion | $98.42 Billion | ▼ -9.1% |
| 2017 | 0.06x | $5.43 Billion | $5.21 Billion | $89.19 Billion | ▲ +7.0% |
| 2016 | 0.06x | $4.60 Billion | $4.42 Billion | $80.98 Billion | ▲ +6.9% |
| 2015 | 0.05x | $4.02 Billion | $3.85 Billion | $75.66 Billion | ▼ -3.6% |
| 2014 | 0.06x | $3.97 Billion | $3.83 Billion | $71.99 Billion | ▲ +0.9% |
| 2013 | 0.05x | $3.75 Billion | $3.52 Billion | $68.53 Billion | ▲ +9.2% |
| 2012 | 0.05x | $3.19 Billion | $3.04 Billion | $63.62 Billion | ▼ -18.1% |
| 2011 | 0.06x | $3.72 Billion | $3.61 Billion | $60.88 Billion | ▼ -15.4% |
| 2010 | 0.07x | $3.93 Billion | $3.87 Billion | $54.33 Billion | ▼ -25.6% |
| 2009 | 0.10x | $3.65 Billion | $3.60 Billion | $37.59 Billion | ▼ -28.2% |
| 2008 | 0.14x | $4.60 Billion | $4.50 Billion | $33.98 Billion | ▲ +99.4% |
| 2007 | 0.07x | $2.16 Billion | $2.04 Billion | $31.78 Billion | ▼ -15.2% |
| 2006 | 0.08x | $1.86 Billion | $1.72 Billion | $23.29 Billion | ▲ +3.2% |
| 2005 | 0.08x | $1.73 Billion | $1.64 Billion | $22.34 Billion | — |