Discover Financial Services
Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and deposit products; and direct-to-consumer deposit products comprising savi… Read more
Discover Financial Services (DFS) - Total Assets
Latest total assets as of March 2025: $147.91 Billion USD
Based on the latest financial reports, Discover Financial Services (DFS) holds total assets worth $147.91 Billion USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Discover Financial Services - Total Assets Trend (2003–2024)
This chart illustrates how Discover Financial Services’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Discover Financial Services - Asset Composition Analysis
Current Asset Composition (December 2024)
Discover Financial Services's total assets of $147.91 Billion consist of 11.0% current assets and 89.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.7% |
| Accounts Receivable | $112.80 Billion | 76.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $255.00 Million | 0.2% |
Asset Composition Trend (2003–2024)
This chart illustrates how Discover Financial Services's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Discover Financial Services's current assets represent 11.0% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 5.7% of total assets in 2024, up from 0.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 76.4% of total assets.
Discover Financial Services Competitors by Total Assets
Key competitors of Discover Financial Services based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pappajack Bhd
KLSE:0242
|
Malaysia | RM361.68 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
Malaysia | RM361.11 Million |
|
Samsung Card Co. Ltd.
KO:029780
|
Korea | ₩32.17 Trillion |
|
Yiren Digital Ltd
F:19YA
|
Germany | €14.45 Billion |
|
Yixin Group Limited
F:1YX
|
Germany | €50.34 Billion |
|
BFF Bank S.p.A
F:2BF
|
Germany | €12.13 Billion |
|
Resurs Holding AB (publ)
F:4R6
|
Germany | €50.33 Billion |
|
Aeon Credit Service Bhd
KLSE:5139
|
Malaysia | RM15.62 Billion |
Discover Financial Services - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Discover Financial Services generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Discover Financial Services generates $ 3.07 in net profit.
Discover Financial Services - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.18 | 0.14 | 0.25 |
| Quick Ratio | 0.18 | 1.46 | 0.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-88.84 Billion | $ -94.45 Billion | $ -60.95 Billion |
Discover Financial Services - Advanced Valuation Insights
This section examines the relationship between Discover Financial Services's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.81 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | -2.6% |
| Total Assets | $147.64 Billion |
| Market Capitalization | $50.05 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Discover Financial Services's assets below their book value (0.34 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Discover Financial Services's assets decreased by 2.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Discover Financial Services (2003–2024)
The table below shows the annual total assets of Discover Financial Services from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $147.64 Billion | -2.56% |
| 2023-12-31 | $151.52 Billion | +15.11% |
| 2022-12-31 | $131.63 Billion | +19.40% |
| 2021-12-31 | $110.24 Billion | -2.34% |
| 2020-12-31 | $112.89 Billion | -0.97% |
| 2019-12-31 | $114.00 Billion | +4.06% |
| 2018-12-31 | $109.55 Billion | +9.46% |
| 2017-12-31 | $100.09 Billion | +8.43% |
| 2016-12-31 | $92.31 Billion | +6.18% |
| 2015-12-31 | $86.94 Billion | +4.58% |
| 2014-12-31 | $83.13 Billion | +4.77% |
| 2013-12-31 | $79.34 Billion | +7.96% |
| 2012-12-31 | $73.49 Billion | +6.33% |
| 2011-12-31 | $69.12 Billion | +13.71% |
| 2010-12-31 | $60.78 Billion | +32.08% |
| 2009-12-31 | $46.02 Billion | +15.36% |
| 2008-12-31 | $39.89 Billion | +6.73% |
| 2007-12-31 | $37.38 Billion | +28.58% |
| 2006-12-31 | $29.07 Billion | +7.88% |
| 2005-12-31 | $26.94 Billion | +12.11% |
| 2003-12-31 | $24.03 Billion | -- |