Financial Statements

Discover Financial Services (DFS)


+1.42 (+1.28%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 19,95521,29018,90616,687-
Net Income 5,4491,1412,9572,7422,099
Stock Dividends -24,768-1,900-2915,115
Dividend Paid -636-576-573-552-527
Retained Earnings -19,95521,29018,90616,687

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,0271,057936825-
Annual Depreciation 1502314053651,043
Capital Expenditure -194-261-284-254-218
Net PPE 9831,0271,057936825

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -255255255255
New Purchases -105-2,701-8,317-8,275-207
Intangible and Goodwill 255255255255-

Discover Financial Services income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Discover Financial Services FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.