Discover Financial Services (DFS)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 2,940,000 | 4,374,000 | 5,422,000 | 1,141,000 | 2,957,000 |
| Depreciation Amortization | -10,000 | 196,000 | 236,000 | 165,000 | 15,000 |
| Income taxes - deferred | -626,000 | -433,000 | 318,000 | -672,000 | -133,000 |
| Other Working Capital | 81,000 | 258,000 | -50,000 | 254,000 | 44,000 |
| Loans | N/A | N/A | N/A | N/A | 37,000 |
| Other Operating Activity | 6,178,000 | 2,745,000 | 93,000 | 5,308,000 | 3,276,000 |
| Operating Cash Flow | $8,563,000 | $7,140,000 | $6,019,000 | $6,196,000 | $6,196,000 |
| Cash Flows From Investing Activities | |||||
| Change In Deposits | N/A | N/A | 2,200,000 | -2,196,000 | 0 |
| PPE Investments | -303,000 | -227,000 | -194,000 | -261,000 | -284,000 |
| Purchase Of Investment | -3,145,000 | -7,901,000 | -207,000 | -229,000 | -7,317,000 |
| Sale Of Investment | 1,891,000 | 2,452,000 | 2,815,000 | 1,155,000 | 171,000 |
| Net Loans | -19,934,000 | -19,961,000 | -4,574,000 | 3,045,000 | -7,844,000 |
| Investing Cash Flow | $-21,491,000 | $-25,637,000 | $40,000 | $1,514,000 | $-15,274,000 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 4,271,000 | 6,885,000 | 1,727,000 | 494,000 | 4,859,000 |
| Debt Repayment | -3,834,000 | -5,229,000 | -4,373,000 | -5,286,000 | -6,573,000 |
| Common Stock Issued | 12,000 | 10,000 | 9,000 | 10,000 | 7,000 |
| Common Stock Repurchased | -1,938,000 | -2,359,000 | -2,260,000 | -348,000 | -1,768,000 |
| Dividend Paid | -752,000 | -703,000 | -636,000 | -576,000 | -573,000 |
| Other Financing Activity | 750,000 | -1,750,000 | 1,750,000 | 493,000 | 0 |
| Financing Cash Flow | $15,759,000 | $16,062,000 | $-8,316,000 | $-1,085,000 | $897,000 |
| Beginning Cash Position | 8,897,000 | 11,332,000 | 13,589,000 | 6,964,000 | 15,145,000 |
| End Cash Position | 11,728,000 | 8,897,000 | 11,332,000 | 13,589,000 | 6,964,000 |
| Net Cash Flow | $2,831,000 | $-2,435,000 | $-2,257,000 | $6,625,000 | $-8,181,000 |
| Free Cash Flow | |||||
| Operating Cash Flow | 8,563,000 | 7,140,000 | 6,019,000 | 6,196,000 | 6,196,000 |
| Capital Expenditure | -303,000 | -236,000 | -194,000 | -261,000 | -284,000 |
| Free Cash Flow | 8,260,000 | 6,904,000 | 5,825,000 | 5,935,000 | 5,912,000 |