Discover Financial Services (BMV:DFS)

BMV:DFS Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	4,788	4,535	2,796	4,316	5,388	1,141
Depreciation & Amortization	42	127	345	447	428	385
Other Amortization	173	173	113	114	103	100
Gain on Sale of Loans & Receivables	-450	-450	-	-	-	-
Loss (Gain) From Sale of Investments	65	65	50	261	-382	-26
Provision for Credit Losses	4,658	4,911	6,018	2,359	218	5,134
Change in Other Net Operating Assets	-496	-755	270	335	-6	254
Other Operating Activities	-66	-181	-1,029	-692	270	-792
Operating Cash Flow	8,714	8,425	8,563	7,140	6,019	6,196
Operating Cash Flow Growth	1.15%	-1.61%	19.93%	18.62%	-2.86%	0%

Investing Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Capital Expenditures	-261	-268	-303	-236	-194	-261
Sale of Property, Plant & Equipment	59	59	-	9	-	-
Investment in Securities	-5,600	-6,328	-1,254	-5,449	4,808	-1,270
Net Decrease (Increase) in Loans Originated / Sold - Investing	4,699	2,786	-19,934	-19,961	-4,574	3,045
Investing Cash Flow	-1,103	-3,751	-21,491	-25,637	40	1,514

Financing Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Short-Term Debt Issued	-	-	750	-	1,750	-
Long-Term Debt Issued	-	750	4,271	6,885	1,727	494
Total Debt Issued	750	750	5,021	6,885	3,477	494
Short-Term Debt Repaid	-	-750	-	-1,750	-	-
Long-Term Debt Repaid	-	-5,067	-3,834	-5,229	-4,373	-5,286
Total Debt Repaid	-6,818	-5,817	-3,834	-6,979	-4,373	-5,286
Net Debt Issued (Repaid)	-6,068	-5,067	1,187	-94	-896	-4,792
Issuance of Preferred Stock	-	-	-	-	-	493
Issuance of Common Stock	14	13	12	10	9	10
Repurchase of Common Stock	-84	-83	-1,938	-2,359	-2,260	-348
Common Dividends Paid	-709	-709	-690	-	-	-
Preferred Dividends Paid	-62	-62	-62	-	-	-
Total Dividends Paid	-771	-771	-752	-703	-636	-576
Other Financing Activities	-2,310	-1,995	17,250	19,208	-4,533	4,128
Financing Cash Flow	-9,219	-7,903	15,759	16,062	-8,316	-1,085

Net Cash Flow

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Cash Flow	-1,608	-3,229	2,831	-2,435	-2,257	6,625

Free Cash Flow

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Free Cash Flow	8,453	8,157	8,260	6,904	5,825	5,935
Free Cash Flow Growth	1.64%	-1.25%	19.64%	18.52%	-1.85%	0.39%
Free Cash Flow Margin	63.35%	62.75%	84.49%	63.59%	49.41%	99.68%
Free Cash Flow Per Share	33.61	32.50	32.52	24.84	19.42	19.33

Additional Metrics

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash Interest Paid	5,690	5,690	4,508	1,666	1,077	1,799
Cash Income Tax Paid	1,180	1,180	1,605	1,865	1,305	901

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

May 17, 2025

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