Discover Financial Services (DFS) — Tangible Net Worth Ratio
Discover Financial Services (DFS) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($18.96 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See shareholders equity of Discover Financial Services for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Discover Financial Services Tangible Net Worth Ratio (2003–2024)
This chart shows how Discover Financial Services's Tangible Net Worth Ratio has changed across 21 annual periods from 2003 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting net assets of $18.96 Billion with intangible assets of $0.00 USD. Also explore DFS year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Discover Financial Services (2003–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Discover Financial Services from 2003 to 2024, covering 21 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see DFS market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $17.93 Billion | $0.00 | $147.64 Billion | ▲ +4.7 pp |
| 2023 | 95.3% | $14.83 Billion | $703.00 Million | $151.52 Billion | ▼ -3.0 pp |
| 2022 | 98.3% | $14.59 Billion | $255.00 Million | $131.63 Billion | ▲ +0.2 pp |
| 2021 | 98.1% | $13.41 Billion | $255.00 Million | $110.24 Billion | ▼ -1.8 pp |
| 2020 | 99.9% | $91.65 Billion | $95.00 Million | $112.89 Billion | ▲ +0.1 pp |
| 2019 | 99.8% | $88.30 Billion | $155.00 Million | $114.00 Billion | ▲ +1.3 pp |
| 2018 | 98.6% | $11.13 Billion | $161.00 Million | $109.55 Billion | ▲ +0.0 pp |
| 2017 | 98.5% | $10.89 Billion | $163.00 Million | $100.09 Billion | ▼ 0.0 pp |
| 2016 | 98.5% | $11.32 Billion | $166.00 Million | $92.31 Billion | ▲ +0.0 pp |
| 2015 | 98.5% | $11.28 Billion | $168.00 Million | $86.94 Billion | ▲ +0.1 pp |
| 2014 | 98.4% | $11.13 Billion | $176.00 Million | $83.13 Billion | ▲ +0.1 pp |
| 2013 | 98.3% | $10.81 Billion | $185.00 Million | $79.34 Billion | ▲ +0.2 pp |
| 2012 | 98.1% | $9.87 Billion | $190.00 Million | $73.49 Billion | ▲ +0.4 pp |
| 2011 | 97.7% | $8.24 Billion | $188.00 Million | $69.12 Billion | ▲ +0.6 pp |
| 2010 | 97.1% | $6.46 Billion | $188.97 Million | $60.78 Billion | ▼ -0.6 pp |
| 2009 | 97.7% | $8.44 Billion | $195.64 Million | $46.02 Billion | ▲ +1.1 pp |
| 2008 | 96.6% | $5.92 Billion | $203.32 Million | $39.89 Billion | ▼ -2.4 pp |
| 2007 | 98.9% | $5.60 Billion | $59.77 Million | $37.38 Billion | ▲ +2.4 pp |
| 2006 | 96.5% | $5.77 Billion | $201.18 Million | $29.07 Billion | ▼ -2.0 pp |
| 2005 | 98.6% | $4.60 Billion | $66.62 Million | $26.94 Billion | ▼ -1.4 pp |
| 2003 | 100.0% | $3.81 Billion | $0.00 | $24.03 Billion | — |