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Discover Financial Services (NYSE:DFS)
Pretax Income
$3,618 Mil (TTM As of Mar. 2016)

Pretax income is the income that a company earns before paying income taxes. Discover Financial Services's pretax income for the three months ended in Mar. 2016 was $914 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2016 was $3,618 Mil. Discover Financial Services's pretax margin was 41.10%.

During the past 13 years, Discover Financial Services's highest Pretax Margin was 49.69%. The lowest was 18.71%. And the median was 36.51%.


Definition

This is the income that a company earns before paying income taxes.

Discover Financial Services's Pretax Income for the fiscal year that ended in Dec. 2015 is calculated as

Pretax Income=Operating Income+Other
=3612+0
=3,612

Discover Financial Services's Pretax Income for the quarter that ended in Mar. 2016 is calculated as

Pretax Income=Operating Income+Other
=914+0
=914

Discover Financial Services Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2016 was 942 (Jun. 2015 ) + 974 (Sep. 2015 ) + 788 (Dec. 2015 ) + 914 (Mar. 2016 ) = $3,618 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Discover Financial Services's Pretax Margin for the quarter that ended in Mar. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=914/2224
=41.10%

During the past 13 years, Discover Financial Services's highest Pretax Margin was 49.69%. The lowest was 18.71%. And the median was 36.51%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Discover Financial Services Annual Data

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Dec13Dec14Dec15
Pretax Income 1,5829451,5222,1211,2693,5113,7533,9443,6943,612

Discover Financial Services Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Pretax Income 9371,0221,0151,009648908942974788914
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