ALLY FY 2018 Earnings Report — Ally Financial Inc. Revenue & Financial Results | Market Cap Arena

Ally Financial Inc.ALLY

FY 2018 Earnings

Reported February 20, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$10.4B	—	$9.9B	—	5.8%
Op. Income	$1.6B	—	$1.5B	—	7.6%
Gross Margin	56.3%	—	59.3%	—	-3.1pp
Net Margin	12.1%	—	9.4%	—	2.7pp
EPS (Diluted)	$2.95	—	$2.04	—	44.6%
Free Cash Flow	$441M	—	$27M	—	1533.3%

Revenue Flow

Item	Amount
REVENUE	$10.4B
Cost of Revenue	$4.6B
GROSS PROFIT	$5.9B
R&D Expenses	$0
Selling & Marketing	$172M
General & Administrative	$1.9B
SG&A Expenses	$2.1B
Other Expenses	$2.2B
Operating Expenses	$4.2B
Cost & Expenses	$8.8B
OPERATING INCOME	$1.6B
Interest Income	$9.1B
Interest Expense	$3.6B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.6B
Income Tax Expense	$359M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$1.6B
EBIT	$1.6B
EBITDA	$3.3B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$10.4B
Cost of Revenue	$4.6B
GROSS PROFIT	$5.9B
R&D Expenses	$0
Selling & Marketing	$172M
General & Administrative	$1.9B
SG&A Expenses	$2.1B
Other Expenses	$2.2B
Operating Expenses	$4.2B
Cost & Expenses	$8.8B
OPERATING INCOME	$1.6B
Interest Income	$9.1B
Interest Expense	$3.6B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.6B
Income Tax Expense	$359M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$1.6B
EBIT	$1.6B
EBITDA	$3.3B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$1.3B
Depreciation & Amortization	$1.6B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$876M
Change in Working Capital	$362M
OPERATING CASH FLOW	$4.2B
Capital Expenditure	-$3.7B
Acquisitions (Net)	$0
Purchases of Investments	-$9.5B
Sales/Maturities of Investments	$5.0B
Other Investing Activities	-$6.3B
NET CASH FROM INVESTING	-$14.5B
Net Debt Issuance	-$965M
Common Stock Repurchased	-$939M
Common Dividends Paid	-$242M
Other Financing Activities	$12.9B
NET CASH FROM FINANCING	$10.7B
FREE CASH FLOW	$441M
Net Change in Cash	$357M

Balance Sheet

Item	Amount
Cash & Equivalents	$4.5B
Short-Term Investments	$16.1B
Net Receivables	$802M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$22.0B
PP&E (Net)	$9.1B
Goodwill	$240M
Intangible Assets	$59M
Long-Term Investments	$134.5B
Tax Assets	$317M
Other Non-Current Assets	$12.6B
TOTAL NON-CURRENT ASSETS	$156.9B
TOTAL ASSETS	$178.9B
Account Payables	$1.0B
Short-Term Debt	$10.0B
Deferred Revenue	$0
Other Current Liabilities	$106.2B
TOTAL CURRENT LIABILITIES	$117.2B
Long-Term Debt	$44.2B
Deferred Revenue NC	$27M
Deferred Tax Liabilities	$17M
Other Non-Current Liabilities	$4.0B
TOTAL NON-CURRENT LIABILITIES	$48.4B
TOTAL LIABILITIES	$165.6B
Common Stock	$21.3B
Additional Paid-In Capital	$0
Retained Earnings	-$5.5B
Treasury Stock	-$2.0B
Accum. Other Comp. Income	-$539M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$13.3B
Minority Interest	$0
TOTAL EQUITY	$13.3B
TOTAL LIABILITIES & EQUITY	$178.9B
Total Debt	$54.4B
Net Debt	$49.8B