Ally Financial Inc. (ALLY) Income Statement Analysis

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Complete financial analysis of Ally Financial Inc. (ALLY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Ally Financial Inc., a leading company in the Financial – Credit Services industry within the Financial Services sector.

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Ally Financial Inc. (ALLY)

Industry: Financial - Credit Services

Sector: Financial Services

Website: https://www.ally.com

About Ally Financial Inc.

Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. It operates through four segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations. The Automotive Finance Operations segment offers automotive financing services, including providing retail installment sales contracts, loans and operating leases, term loans to dealers, financing dealer floorplans and other lines of credit to dealers, warehouse lines to automotive retailers, and fleet financing. It also provides financing services to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services. The Insurance Operations segment offers consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers. This segment provides vehicle service and maintenance contract, and guaranteed asset protection products; and underwrites commercial insurance coverages, which primarily insure dealers' vehicle inventory. The Mortgage Finance Operations segment manages consumer mortgage loan portfolio that includes bulk purchases of jumbo and low-to-moderate income mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings. The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to middle market companies; leveraged loans; and commercial real estate product to serve companies in the healthcare industry. The company also offers commercial banking products and services. In addition, it provides securities brokerage and investment advisory services. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	9.07B	7.94B	8.67B	6.20B	6.38B	5.91B	5.86B	6.29B	6.76B	6.63B	5.82B	5.68B	7.09B	10.00B	9.33B	10.95B	16.15B	19.78B	21.03B	21.65B	20.14B	17.68B	11.53B	9.62B	13.69B	12.13B
Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.56B	6.83B	7.73B	8.30B	6.53B	5.79B
Gross Profit	9.07B	7.94B	8.67B	6.20B	6.38B	5.91B	5.86B	6.29B	6.76B	6.63B	5.82B	5.68B	7.09B	10.00B	9.33B	10.95B	16.15B	19.78B	21.03B	21.65B	12.58B	10.84B	3.80B	1.33B	7.17B	6.34B
Gross Profit Ratio	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	62.44%	61.34%	32.95%	13.78%	52.34%	52.28%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	3.17B	2.18B	1.90B	1.74B	1.54B	1.45B	1.43B	1.33B	1.26B	1.36B	1.42B	1.83B	2.77B	3.09B	3.40B	5.87B	6.08B	6.12B	6.69B	6.47B	15.76B	14.74B	8.73B	7.07B	11.21B	10.19B
Selling & Marketing	424.00M	366.00M	241.00M	171.00M	180.00M	172.00M	133.00M	112.00M	107.00M	111.00M	136.00M	202.00M	319.00M	360.00M	399.00M	520.00M	502.00M	651.00M	546.00M	673.00M	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	3.59B	3.22B	2.51B	2.45B	2.44B	2.40B	2.52B	2.92B	3.37B	3.34B	3.20B	2.57B	3.09B	3.45B	3.80B	6.39B	6.58B	6.77B	7.24B	7.14B	15.76B	14.74B	8.73B	7.07B	11.21B	10.19B
Other Expenses	5.48B	-2.50B	-2.09B	-2.11B	-1.92B	-1.84B	-1.75B	-1.69B	0.00	0.00	0.00	0.00	64.00M	123.00M	-665.00M	0.00	-9.90B	-8.76B	-11.68B	-14.87B	7.56B	6.83B	7.73B	8.30B	6.53B	5.79B
Operating Expenses	9.07B	5.51B	-5.06B	-6.23B	-5.42B	-1.52B	-2.03B	-2.43B	-2.70B	-2.13B	-1.83B	-1.35B	3.15B	3.57B	3.14B	114.55M	-3.32B	-1.99B	-4.45B	-7.73B	23.32B	21.57B	16.46B	15.36B	17.73B	15.98B
Cost & Expenses	9.07B	5.51B	-5.06B	-6.23B	-5.42B	-1.52B	-2.03B	-2.43B	-2.70B	-2.13B	-1.83B	-1.35B	3.15B	3.57B	3.14B	114.55M	-3.32B	-1.99B	-4.45B	-7.73B	3.93B	4.22B	24.19B	23.66B	24.26B	21.76B
Interest Income	13.96B	10.62B	8.65B	8.80B	9.86B	9.05B	8.32B	8.31B	8.40B	8.39B	8.09B	7.47B	9.74B	11.45B	13.44B	19.41B	22.72B	24.82B	22.97B	21.30B	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	6.90B	2.86B	1.91B	3.24B	4.24B	3.64B	2.86B	2.63B	2.43B	2.78B	3.32B	4.20B	6.22B	6.84B	7.66B	11.87B	14.78B	15.56B	13.11B	9.66B	7.56B	6.83B	7.73B	8.30B	6.53B	5.79B
Depreciation & Amortization	1.25B	1.28B	1.09B	1.13B	1.16B	1.21B	1.47B	2.07B	2.25B	2.23B	2.00B	1.40B	2.71B	4.97B	6.10B	8.97B	7.20B	7.30B	6.75B	6.82B	5.34B	4.84B	5.30B	5.49B	5.03B	4.78B
EBITDA	2.38B	3.56B	4.94B	2.55B	3.06B	2.75B	2.85B	3.44B	3.84B	4.18B	-869.00M	1.91B	0.00	5.24B	0.00	12.35B	18.13B	24.25B	23.28B	20.58B	17.29B	14.62B	15.86B	16.34B	14.04B	12.51B
EBITDA Ratio	26.19%	28.10%	43.80%	22.81%	30.84%	27.44%	25.71%	24.66%	-17.43%	14.75%	-9.89%	25.06%	126.40%	130.37%	37.94%	207.39%	124.02%	126.88%	110.94%	95.78%	85.84%	82.69%	137.57%	169.85%	102.53%	103.13%
Operating Income	2.33B	1.32B	3.23B	563.00M	986.00M	597.00M	1.51B	1.58B	1.75B	1.45B	521.00M	662.00M	6.25B	8.06B	-2.56B	13.73B	12.83B	17.79B	16.59B	13.92B	4.38B	2.94B	2.80B	2.56B	2.49B	1.94B
Operating Income Ratio	25.69%	16.59%	37.23%	9.08%	15.46%	10.10%	25.71%	25.14%	25.89%	21.84%	8.96%	11.65%	88.12%	80.65%	-27.46%	125.43%	79.46%	89.95%	78.86%	64.28%	21.77%	16.64%	24.28%	26.57%	18.16%	15.99%
Total Other Income/Expenses	-1.25B	-2.42B	-2.36B	-2.33B	-1.97B	-1.89B	-1.74B	-1.78B	-2.00B	-2.04B	5.84B	-99.00M	-177.00M	-12.12B	-5.38B	-7.61B	-14.78B	-18.82B	-13.11B	-16.44B	0.00	0.00	0.00	0.00	0.00	0.00
Income Before Tax	1.08B	2.34B	3.86B	1.41B	1.97B	1.62B	1.51B	1.58B	1.39B	1.25B	357.00M	514.00M	67.00M	1.18B	-7.94B	1.86B	-1.94B	2.23B	3.48B	4.26B	4.38B	2.94B	2.80B	2.56B	2.49B	1.94B
Income Before Tax Ratio	11.94%	29.49%	44.46%	22.81%	30.84%	27.44%	25.71%	25.14%	20.61%	18.80%	6.14%	9.04%	0.95%	11.79%	-85.11%	17.00%	-12.02%	11.27%	16.54%	19.66%	21.77%	16.64%	24.28%	26.57%	18.16%	15.99%
Income Tax Expense	61.00M	627.00M	790.00M	328.00M	246.00M	359.00M	581.00M	470.00M	496.00M	321.00M	59.00M	856.00M	179.00M	153.00M	78.00M	-7.00M	390.00M	103.00M	1.20B	1.36B	1.59B	1.07B	1.05B	954.00M	960.00M	612.00M
Net Income	1.02B	1.71B	3.06B	1.09B	1.72B	1.26B	929.00M	1.07B	-1.67B	657.00M	-634.00M	568.00M	-157.00M	1.08B	-10.30B	1.87B	-2.33B	2.13B	2.28B	2.89B	2.79B	1.87B	1.79B	1.60B	1.53B	1.33B
Net Income Ratio	11.25%	21.58%	35.29%	17.50%	26.89%	21.36%	15.85%	16.97%	-24.76%	9.91%	-10.90%	9.99%	-2.22%	10.75%	-110.41%	17.06%	-14.44%	10.75%	10.85%	13.37%	13.87%	10.58%	15.49%	16.65%	11.15%	10.94%
EPS	3.00	5.06	8.28	2.89	4.36	2.97	2.04	2.25	-3.47	1.36	-1.51	1.38	-0.38	-3.16	-62.75	4.53	-5.65	5.15	5.53	7.01	17.02	11.39	10.88	9.76	9.30	8.09
EPS Diluted	2.98	5.03	8.22	2.88	4.34	2.95	2.03	2.24	-3.47	1.36	-1.51	1.38	-0.38	-3.16	-62.75	4.53	-5.65	5.15	5.53	7.01	17.02	11.39	10.88	9.76	9.30	8.09
Weighted Avg Shares Out	303.75M	316.69M	362.58M	375.63M	393.23M	425.17M	455.35M	482.18M	482.42M	481.93M	419.87M	412.60M	412.60M	248.19M	164.11M	412.60M	412.60M	412.60M	412.60M	412.60M	164.11M	164.11M	164.11M	164.11M	164.11M	164.11M
Weighted Avg Shares Out (Dil)	305.14M	318.63M	365.18M	377.10M	395.40M	427.68M	456.16M	482.59M	482.87M	483.09M	420.17M	412.60M	412.60M	248.19M	164.11M	412.60M	412.60M	412.60M	412.60M	412.60M	164.11M	164.11M	164.11M	164.11M	164.11M	164.11M

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