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Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts and personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.
1960
21K+
LTM Revenue $17.7B
LTM EBITDA n/a
$57.3B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Discover Financial has a last 12-month revenue of $17.7B and a last 12-month EBITDA of n/a.
In the most recent fiscal year, Discover Financial achieved revenue of $17.9B and an EBITDA of n/a.
Discover Financial expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Discover Financial valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $15.9B | $17.9B | XXX | XXX | XXX |
| Gross Profit | n/a | n/a | XXX | XXX | XXX |
| Gross Margin | NaN% | NaN% | XXX | XXX | XXX |
| EBITDA | n/a | n/a | XXX | XXX | XXX |
| EBITDA Margin | NaN% | NaN% | XXX | XXX | XXX |
| Net Profit | $4.4B | $2.9B | XXX | XXX | XXX |
| Net Margin | 28% | 16% | XXX | XXX | XXX |
| Net Debt | $11.3B | $9.6B | XXX | XXX | XXX |
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As of April 15, 2025, Discover Financial's stock price is $159.
Discover Financial has current market cap of $40.0B, and EV of $57.3B.
See Discover Financial trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $57.3B | $40.0B | XXX | XXX | XXX | XXX | $16.11 |
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Sign UpAs of April 15, 2025, Discover Financial has market cap of $40.0B and EV of $57.3B.
Discover Financial's trades at 3.2x LTM EV/Revenue multiple, and n/a LTM EBITDA.
Analysts estimate Discover Financial's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Discover Financial and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $57.3B | XXX | XXX | XXX |
| EV/Revenue | 3.2x | XXX | XXX | XXX |
| EV/EBITDA | n/a | XXX | XXX | XXX |
| P/E | 8.8x | XXX | XXX | XXX |
| P/E/Growth | -1.1x | XXX | XXX | XXX |
| EV/FCF | 7.0x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpDiscover Financial's NTM/LTM revenue growth is -1%
Discover Financial's revenue per employee for the last fiscal year averaged $0.9M, while opex per employee averaged n/a for the same period.
Over next 12 months, Discover Financial's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Discover Financial's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Discover Financial and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | XXX | XXX | XXX |
| EBITDA Margin | n/a | XXX | XXX | XXX | XXX |
| EBITDA Growth | n/a | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | n/a | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.9M | XXX | XXX | XXX | XXX |
| Opex per Employee | n/a | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 6% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 16% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | n/a | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| SBI Card | XXX | XXX | XXX | XXX | XXX | XXX |
| American Express | XXX | XXX | XXX | XXX | XXX | XXX |
| Mastercard | XXX | XXX | XXX | XXX | XXX | XXX |
| Synchrony | XXX | XXX | XXX | XXX | XXX | XXX |
| Visa | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Discover Financial acquired XXX companies to date.
Last acquisition by Discover Financial was XXXXXXXX, XXXXX XXXXX XXXXXX . Discover Financial acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Discover Financial founded? | Discover Financial was founded in 1960. |
| Where is Discover Financial headquartered? | Discover Financial is headquartered in United States of America. |
| How many employees does Discover Financial have? | As of today, Discover Financial has 21K+ employees. |
| Who is the CEO of Discover Financial? | Discover Financial's CEO is Mr. J. Michael Shepherd. |
| Is Discover Financial publicy listed? | Yes, Discover Financial is a public company listed on NYS. |
| What is the stock symbol of Discover Financial? | Discover Financial trades under DFS ticker. |
| When did Discover Financial go public? | Discover Financial went public in 2007. |
| Who are competitors of Discover Financial? | Similar companies to Discover Financial include e.g. SBI Card, American Express, Mastercard, Synchrony. |
| What is the current market cap of Discover Financial? | Discover Financial's current market cap is $40.0B |
| What is the current revenue of Discover Financial? | Discover Financial's last 12-month revenue is $17.7B. |
| What is the current EV/Revenue multiple of Discover Financial? | Current revenue multiple of Discover Financial is 3.2x. |
| What is the current revenue growth of Discover Financial? | Discover Financial revenue growth between 2023 and 2024 was 13%. |
| Is Discover Financial profitable? | Yes, Discover Financial is EBITDA-positive (as of the last 12 months). |
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