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Discover Financial Services (NYSE:DFS)
Pretax Income
$3,561 Mil (TTM As of Sep. 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 Sep. 2016 was $961 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2016 was $3,561 Mil. Discover Financial Services's pretax margin was 41.76%.

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. 2014 is calculated as

Pretax Income=Operating Income+Other
=3694+0
=3,694

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

Pretax Income=Operating Income+Other
=961+0
=961

Discover Financial Services Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2016 was 788 (Dec. 2015 ) + 914 (Mar. 2016 ) + 898 (Jun. 2016 ) + 961 (Sep. 2016 ) = $3,561 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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

Pretax Margin=Pretax Income/Revenue
=961/2301
=41.76%

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 local exchange's 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 local exchange's currency.

Discover Financial Services Annual Data

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

Discover Financial Services Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Pretax Income 1,0151,009648908942974788914898961
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