ALLY FY 2017 Earnings Report — Ally Financial Inc. Revenue & Financial Results | Market Cap Arena

Ally Financial Inc.ALLY

FY 2017 Earnings

Reported February 21, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$9.9B	—	$9.8B	—	0.4%
Op. Income	$1.5B	—	$1.6B	—	-4.7%
Gross Margin	59.3%	—	63.9%	—	-4.5pp
Net Margin	9.4%	—	10.9%	—	-1.4pp
EPS (Diluted)	$2.04	—	$2.15	—	-5.1%
Free Cash Flow	$27M	—	$1.3B	—	-97.9%

Revenue Flow

Item	Amount
REVENUE	$9.9B
Cost of Revenue	$4.0B
GROSS PROFIT	$5.8B
R&D Expenses	$0
Selling & Marketing	$133M
General & Administrative	$1.8B
SG&A Expenses	$2.0B
Other Expenses	$2.4B
Operating Expenses	$4.3B
Cost & Expenses	$8.3B
OPERATING INCOME	$1.5B
Interest Income	$8.3B
Interest Expense	$2.9B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$581M
Net Income from Continuing Ops	$926M
Net Income from Discontinued Ops	$3M
Other Adjustments	$0
NET INCOME	$929M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$929M
D&A	$1.9B
EBIT	$1.5B
EBITDA	$3.4B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$9.9B
Cost of Revenue	$4.0B
GROSS PROFIT	$5.8B
R&D Expenses	$0
Selling & Marketing	$133M
General & Administrative	$1.8B
SG&A Expenses	$2.0B
Other Expenses	$2.4B
Operating Expenses	$4.3B
Cost & Expenses	$8.3B
OPERATING INCOME	$1.5B
Interest Income	$8.3B
Interest Expense	$2.9B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$581M
Net Income from Continuing Ops	$926M
Net Income from Discontinued Ops	$3M
Other Adjustments	$0
NET INCOME	$929M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$929M
D&A	$1.9B
EBIT	$1.5B
EBITDA	$3.4B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$929M
Depreciation & Amortization	$1.9B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$874M
Change in Working Capital	$417M
OPERATING CASH FLOW	$4.1B
Capital Expenditure	-$4.1B
Acquisitions (Net)	$0
Purchases of Investments	-$12.3B
Sales/Maturities of Investments	$7.6B
Other Investing Activities	-$15M
NET CASH FROM INVESTING	-$8.7B
Net Debt Issuance	-$11.2B
Common Stock Repurchased	-$753M
Common Dividends Paid	-$184M
Other Financing Activities	$14.2B
NET CASH FROM FINANCING	$2.0B
FREE CASH FLOW	$27M
Net Change in Cash	-$2.6B

Balance Sheet

Item	Amount
Cash & Equivalents	$4.3B
Short-Term Investments	$14.5B
Net Receivables	$666M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$19.9B
PP&E (Net)	$9.2B
Goodwill	$240M
Intangible Assets	$0
Long-Term Investments	$126.7B
Tax Assets	$461M
Other Non-Current Assets	$10.6B
TOTAL NON-CURRENT ASSETS	$147.2B
TOTAL ASSETS	$167.1B
Account Payables	$1.1B
Short-Term Debt	$11.4B
Deferred Revenue	$0
Other Current Liabilities	$93.3B
TOTAL CURRENT LIABILITIES	$105.8B
Long-Term Debt	$44.2B
Deferred Revenue NC	$32M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$3.6B
TOTAL NON-CURRENT LIABILITIES	$47.9B
TOTAL LIABILITIES	$153.7B
Common Stock	$21.2B
Additional Paid-In Capital	$0
Retained Earnings	-$6.4B
Treasury Stock	-$1.1B
Accum. Other Comp. Income	-$235M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$13.5B
Minority Interest	$0
TOTAL EQUITY	$13.5B
TOTAL LIABILITIES & EQUITY	$167.1B
Total Debt	$55.6B
Net Debt	$51.4B