Discover Financial Services Free Cash Flow Generation Index
Discover Financial Services free cash flow generation index. Discover Financial Services (DFS) has a Free Cash Flow Generation Index of 0.97x as of March 2025. Free cash flow of $2.07 Billion represents 1% of operating cash flow ($2.13 Billion).
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Discover Financial Services (2004–2024)
Free cash flow generation index of Discover Financial Services from 2004 to 2024. Historical FCF Generation Index trend for Discover Financial Services across 21 annual periods. See DFS financial flexibility score to measure the company's free cash flow as a share of total liabilities.
Discover Financial Services Free Cash Flow Generation Index by Year (2004–2024)
Discover Financial Services free cash flow generation index by year from 2004 to 2024. Year-by-year Free Cash Flow Generation Index for Discover Financial Services. For the full cash flow conversion analysis, see Discover Financial Services (DFS) cash conversion ratio.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.97x | $8.16 Billion | $8.43 Billion | $268.00 Million | ▲ +0.4% |
| 2023 | 0.96x | $8.26 Billion | $8.56 Billion | $303.00 Million | ▼ -0.2% |
| 2022 | 0.97x | $6.90 Billion | $7.14 Billion | $236.00 Million | ▼ -0.1% |
| 2021 | 0.97x | $5.83 Billion | $6.02 Billion | $194.00 Million | ▲ +1.0% |
| 2020 | 0.96x | $5.93 Billion | $6.20 Billion | $261.00 Million | ▲ +0.4% |
| 2019 | 0.95x | $5.91 Billion | $6.20 Billion | $284.00 Million | ▲ +0.3% |
| 2018 | 0.95x | $4.94 Billion | $5.19 Billion | $254.00 Million | ▼ -0.7% |
| 2017 | 0.96x | $4.99 Billion | $5.21 Billion | $218.00 Million | ▼ -0.1% |
| 2016 | 0.96x | $4.25 Billion | $4.42 Billion | $179.00 Million | ▲ +0.3% |
| 2015 | 0.96x | $3.69 Billion | $3.85 Billion | $168.00 Million | ▼ -0.6% |
| 2014 | 0.96x | $3.68 Billion | $3.83 Billion | $145.00 Million | ▲ +3.0% |
| 2013 | 0.93x | $3.29 Billion | $3.52 Billion | $231.00 Million | ▼ -1.9% |
| 2012 | 0.95x | $2.90 Billion | $3.04 Billion | $144.00 Million | ▼ -1.7% |
| 2011 | 0.97x | $3.50 Billion | $3.61 Billion | $111.56 Million | ▼ -1.7% |
| 2010 | 0.99x | $3.82 Billion | $3.87 Billion | $54.68 Million | ▲ +0.1% |
| 2009 | 0.99x | $3.54 Billion | $3.60 Billion | $53.79 Million | ▲ +0.6% |
| 2008 | 0.98x | $4.41 Billion | $4.50 Billion | $93.53 Million | ▲ +4.0% |
| 2007 | 0.94x | $1.92 Billion | $2.04 Billion | $118.27 Million | ▲ +2.8% |
| 2006 | 0.92x | $1.58 Billion | $1.72 Billion | $144.15 Million | ▼ -2.5% |
| 2005 | 0.94x | $1.54 Billion | $1.64 Billion | $97.96 Million | ▲ +0.2% |
| 2004 | 0.94x | $1.49 Billion | $1.59 Billion | $98.71 Million | — |