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Discover Financial Services (NYSE:DFS)
Pretax Income
$3,886 Mil (TTM As of Mar. 2014)

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. 2014 was $1,022 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2014 was $3,886 Mil. Discover Financial Services's pretax margin was 49.18%.

During the past 12 years, Discover Financial Services's highest Pretax Margin was 81.56%. The lowest was 19.06%. And the median was 31.49%.


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. 2013 is calculated as

Pretax Income=Operating Income+Other
=3944+0
=3,944

Discover Financial Services's Pretax Income for the quarter that ended in Mar. 2014 is calculated as

Pretax Income=Operating Income+Other
=1022+0
=1,022

Discover Financial Services Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2014 was 981 (Jun. 2013 ) + 946 (Sep. 2013 ) + 937 (Dec. 2013 ) + 1022 (Mar. 2014 ) = $3,886 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. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=1022/2078
=49.18%

During the past 12 years, Discover Financial Services's highest Pretax Margin was 81.56%. The lowest was 19.06%. And the median was 31.49%.

* 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

Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Dec12Dec13
Pretax Income 9241,5821,1501,6582,1211,2693,5113,7533,7643,944

Discover Financial Services Quarterly Data

Feb12May12Aug12Nov12Dec12Mar13Jun13Sep13Dec13Mar14
Pretax Income 1,0148671,0128608431,0809819469371,022
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