Discover Financial Services

As of June 30, 2024, Discover Financial Services has 251.07M shares outstanding.

As of June 30, 2024, Discover Financial Services trades at a trailing price-to-earnings ratio of 11.31. The price-to-sales ratio is 1.90, and the price-to-book ratio stands at 1.01.

As of June 30, 2024, Discover Financial Services trades at an EV/EBITDA multiple of 102.60 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.34 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Discover Financial Services trades at an EV/FCF ratio of 3.99, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

These figures are as of June 30, 2024.

Over the twelve months ended June 30, 2024, Discover Financial Services posted a return on equity (ROE) of 9.24, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 2.01, measuring how efficiently the asset base is converted into earnings.

These figures cover the twelve months ended June 30, 2024. That works out to an effective tax rate of 24.91, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

Over the twelve months ended June 30, 2024, Discover Financial Services posted a gross margin of 100.00, reflecting its pricing power and cost economics.

These figures cover the twelve months ended June 30, 2024. The dividend payout ratio of 24.94 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 30.95, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -22.84, meaning Discover Financial Services raised more capital through share issuance and new debt than it returned via dividends and buybacks.

As of June 30, 2024, Discover Financial Services has an Altman Z-Score of 0.55, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.