Discover Gross Profit from 2010 to 2024

DFS Stock

USD 119.89 0.32 0.27%

Discover Financial Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Discover Financial Services makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2004-12-31

Previous Quarter

4 B

Current Value

5.6 B

Quarterly Volatility

1 B

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Discover Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Discover main balance sheet or income statement drivers, such as Interest Expense of 1.3 B, Total Revenue of 21.6 B or Gross Profit of 21.6 B, as well as many exotic indicators such as Price To Sales Ratio of 1.32, Dividend Yield of 0.0323 or PTB Ratio of 1.72. Discover financial statements analysis is a perfect complement when working with Discover Financial Valuation or Volatility modules.

This module can also supplement Discover Financial's financial leverage analysis and stock options assessment as well as various Discover Financial Technical models . Check out the analysis of Discover Financial Correlation against competitors.

Latest Discover Financial's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Discover Financial Services over the last few years. Gross profit is a required income statement account that reflects total revenue of Discover Financial Services minus its cost of goods sold. It is profit before Discover Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Discover Financial's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Discover Financial's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 10.46 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Discover Gross Profit Regression Statistics

	Arithmetic Mean	10,755,739,267
	Geometric Mean	9,350,629,190
	Coefficient Of Variation	46.95
	Mean Deviation	3,423,848,587
	Median	9,897,000,000
	Standard Deviation	5,050,027,052
	Sample Variance	25502773.2T
	Range	20.4B
	R-Value	0.89
	Mean Square Error	5518408.3T
	R-Squared	0.80
	Slope	1,009,419,064
	Total Sum of Squares	357038825.1T

Discover Gross Profit History

	2024	21.6 B
	2023	20.6 B
	2022	13.3 B
	2021	12.1 B
	2020	11.1 B
	2019	11.5 B
	2018	10.7 B

Other Fundumenentals of Discover Financial

Gross Profit Margin

Discover Financial Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Treasury Stock	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Earning Assets	Net Invested Capital	Capital Stock
Total Assets		0.93	-0.05	0.56	0.81	0.06	0.7	0.46	-0.34	0.15	-0.19	0.0	0.65	0.86	0.65	0.44	-0.84	0.82	0.87	0.37	0.89	-0.4	-0.72	0.56	-0.36	0.64
Total Stockholder Equity	0.93		0.07	0.65	0.76	0.15	0.69	0.47	-0.21	0.17	-0.14	0.06	0.78	0.85	0.57	0.34	-0.76	0.74	0.92	0.3	0.79	-0.3	-0.55	0.39	-0.44	0.57
Net Debt	-0.05	0.07		0.25	-0.23	-0.21	0.38	0.49	0.09	0.0	-0.19	0.34	0.18	0.17	-0.5	0.11	0.35	-0.14	-0.01	0.56	-0.17	0.29	0.49	-0.62	0.63	-0.57
Total Liab	0.56	0.65	0.25		0.69	0.16	0.37	0.69	-0.5	0.15	-0.35	-0.01	0.79	0.57	0.11	0.6	-0.55	0.43	0.72	0.31	0.64	-0.51	-0.41	-0.09	-0.44	0.49
Retained Earnings	0.81	0.76	-0.23	0.69		0.13	0.47	0.51	-0.68	0.0	-0.25	-0.05	0.58	0.63	0.67	0.59	-0.97	0.78	0.83	0.33	0.93	-0.52	-0.86	0.59	-0.65	0.79
Accounts Payable	0.06	0.15	-0.21	0.16	0.13		-0.08	-0.38	-0.08	0.02	-0.07	-0.24	0.4	0.2	0.15	-0.06	-0.16	0.09	0.28	-0.41	0.11	-0.16	-0.19	0.1	-0.52	0.3
Long Term Debt	0.7	0.69	0.38	0.37	0.47	-0.08		0.45	-0.14	0.08	-0.19	0.43	0.26	0.79	0.1	-0.01	-0.51	0.66	0.45	0.8	0.45	-0.23	-0.33	0.14	0.04	0.02
Net Receivables	0.46	0.47	0.49	0.69	0.51	-0.38	0.45		-0.42	0.01	-0.36	0.08	0.49	0.46	0.04	0.54	-0.36	0.23	0.48	0.62	0.46	-0.05	-0.22	-0.06	0.03	0.09
Good Will	-0.34	-0.21	0.09	-0.5	-0.68	-0.08	-0.14	-0.42		0.34	0.51	-0.06	-0.22	-0.18	-0.35	-0.69	0.59	-0.52	-0.44	-0.35	-0.65	0.42	0.54	-0.32	0.33	-0.55
Short Term Investments	0.15	0.17	0.0	0.15	0.0	0.02	0.08	0.01	0.34		-0.23	-0.17	0.2	0.3	-0.1	0.02	0.02	-0.13	0.04	-0.09	0.01	-0.1	-0.02	0.03	0.0	0.08
Total Current Assets	-0.19	-0.14	-0.19	-0.35	-0.25	-0.07	-0.19	-0.36	0.51	-0.23		-0.16	-0.25	-0.2	0.03	-0.29	0.2	-0.3	-0.21	-0.26	-0.26	0.18	0.14	0.03	0.09	-0.14
Short Term Debt	0.0	0.06	0.34	-0.01	-0.05	-0.24	0.43	0.08	-0.06	-0.17	-0.16		-0.18	-0.05	-0.23	-0.17	0.03	0.21	-0.05	0.47	-0.05	-0.08	0.34	-0.25	0.22	-0.26
Intangible Assets	0.65	0.78	0.18	0.79	0.58	0.4	0.26	0.49	-0.22	0.2	-0.25	-0.18		0.63	0.38	0.51	-0.48	0.37	0.88	-0.04	0.63	-0.22	-0.34	0.09	-0.46	0.54
Common Stock	0.86	0.85	0.17	0.57	0.63	0.2	0.79	0.46	-0.18	0.3	-0.2	-0.05	0.63		0.36	0.28	-0.62	0.61	0.72	0.43	0.65	-0.25	-0.54	0.37	-0.24	0.41
Property Plant Equipment	0.65	0.57	-0.5	0.11	0.67	0.15	0.1	0.04	-0.35	-0.1	0.03	-0.23	0.38	0.36		0.43	-0.71	0.57	0.69	-0.17	0.74	-0.03	-0.67	0.88	-0.51	0.78
Current Deferred Revenue	0.44	0.34	0.11	0.6	0.59	-0.06	-0.01	0.54	-0.69	0.02	-0.29	-0.17	0.51	0.28	0.43		-0.42	0.3	0.6	0.15	0.72	-0.27	-0.4	0.27	-0.11	0.61
Treasury Stock	-0.84	-0.76	0.35	-0.55	-0.97	-0.16	-0.51	-0.36	0.59	0.02	0.2	0.03	-0.48	-0.62	-0.71	-0.42		-0.85	-0.79	-0.31	-0.91	0.56	0.91	-0.66	0.66	-0.78
Deferred Long Term Liab	0.82	0.74	-0.14	0.43	0.78	0.09	0.66	0.23	-0.52	-0.13	-0.3	0.21	0.37	0.61	0.57	0.3	-0.85		0.71	0.43	0.81	-0.57	-0.72	0.48	-0.42	0.61
Net Tangible Assets	0.87	0.92	-0.01	0.72	0.83	0.28	0.45	0.48	-0.44	0.04	-0.21	-0.05	0.88	0.72	0.69	0.6	-0.79	0.71		0.14	0.89	-0.32	-0.61	0.44	-0.54	0.74
Long Term Debt Total	0.37	0.3	0.56	0.31	0.33	-0.41	0.8	0.62	-0.35	-0.09	-0.26	0.47	-0.04	0.43	-0.17	0.15	-0.31	0.43	0.14		0.28	-0.16	-0.17	-0.07	0.34	-0.22
Capital Surpluse	0.89	0.79	-0.17	0.64	0.93	0.11	0.45	0.46	-0.65	0.01	-0.26	-0.05	0.63	0.65	0.74	0.72	-0.91	0.81	0.89	0.28		-0.51	-0.81	0.6	-0.47	0.83
Long Term Investments	-0.4	-0.3	0.29	-0.51	-0.52	-0.16	-0.23	-0.05	0.42	-0.1	0.18	-0.08	-0.22	-0.25	-0.03	-0.27	0.56	-0.57	-0.32	-0.16	-0.51		0.55	-0.04	0.45	-0.53
Short Long Term Debt	-0.72	-0.55	0.49	-0.41	-0.86	-0.19	-0.33	-0.22	0.54	-0.02	0.14	0.34	-0.34	-0.54	-0.67	-0.4	0.91	-0.72	-0.61	-0.17	-0.81	0.55		-0.71	0.62	-0.76
Earning Assets	0.56	0.39	-0.62	-0.09	0.59	0.1	0.14	-0.06	-0.32	0.03	0.03	-0.25	0.09	0.37	0.88	0.27	-0.66	0.48	0.44	-0.07	0.6	-0.04	-0.71		-0.42	0.67
Net Invested Capital	-0.36	-0.44	0.63	-0.44	-0.65	-0.52	0.04	0.03	0.33	0.0	0.09	0.22	-0.46	-0.24	-0.51	-0.11	0.66	-0.42	-0.54	0.34	-0.47	0.45	0.62	-0.42		-0.74
Capital Stock	0.64	0.57	-0.57	0.49	0.79	0.3	0.02	0.09	-0.55	0.08	-0.14	-0.26	0.54	0.41	0.78	0.61	-0.78	0.61	0.74	-0.22	0.83	-0.53	-0.76	0.67	-0.74

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About Discover Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Discover Financial income statement, its balance sheet, and the statement of cash flows. Discover Financial investors use historical funamental indicators, such as Discover Financial's Gross Profit, to determine how well the company is positioned to perform in the future. Although Discover Financial investors may use each financial statement separately, they are all related. The changes in Discover Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Discover Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Discover Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Discover Financial. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	20.6 B	21.6 B
Gross Profit Margin	0.90	0.73

Pair Trading with Discover Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Discover Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Discover Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Discover Stock

0.88	AXP	American Express Earnings Call Tomorrow	Pair Corr
0.8	SCHW	Charles Schwab Corp Financial Report 16th of July 2024	Pair Corr
0.74	ARES	Ares Management LP Financial Report 26th of April 2024	Pair Corr
0.85	C	Citigroup Financial Report 12th of July 2024	Pair Corr
0.83	L	Loews Corp	Pair Corr

Moving against Discover Stock

0.8	HG	Hamilton Insurance Report 21st of October 2024	Pair Corr
0.74	DHIL	Diamond Hill Investment	Pair Corr
0.71	FG	FG Annuities Life Financial Report 1st of May 2024	Pair Corr
0.62	AC	Associated Capital	Pair Corr
0.61	BY	Byline Bancorp Report 25th of April 2024	Pair Corr

The ability to find closely correlated positions to Discover Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Discover Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Discover Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Discover Financial Services to buy it.

The correlation of Discover Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Discover Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Discover Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Discover Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Discover Financial is a strong investment it is important to analyze Discover Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Discover Financial's future performance. For an informed investment choice regarding Discover Stock, refer to the following important reports:

How To Invest In Discover

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Is Discover Stock a good investment?

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What is Discover Financial's Net Worth?

Details

Largest Consumer Finance Companies

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Largest Financial Services Companies

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Check out the analysis of Discover Financial Correlation against competitors.

Note that the Discover Financial information on this page should be used as a complementary analysis to other Discover Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Discover Stock analysis

When running Discover Financial's price analysis, check to measure Discover Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Discover Financial is operating at the current time. Most of Discover Financial's value examination focuses on studying past and present price action to predict the probability of Discover Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discover Financial's price. Additionally, you may evaluate how the addition of Discover Financial to your portfolios can decrease your overall portfolio volatility.

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Is Discover Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Discover Financial. If investors know Discover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Discover Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.59)

Dividend Share

2.7

Earnings Share

11.26

Revenue Per Share

38.748

Quarterly Revenue Growth

(0.19)

The market value of Discover Financial is measured differently than its book value, which is the value of Discover that is recorded on the company's balance sheet. Investors also form their own opinion of Discover Financial's value that differs from its market value or its book value, called intrinsic value, which is Discover Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Discover Financial's market value can be influenced by many factors that don't directly affect Discover Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Discover Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Discover Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Discover Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Discover Gross Profit from 2010 to 2024

Latest Discover Financial's Gross Profit Growth Pattern

Discover Gross Profit Regression Statistics

Discover Gross Profit History

Other Fundumenentals of Discover Financial

Discover Financial Gross Profit component correlations

About Discover Financial Financial Statements

Pair Trading with Discover Financial

Moving together with Discover Stock

Moving against Discover Stock

Complementary Tools for Discover Stock analysis

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