ALLY FY 2020 Earnings Report — Ally Financial Inc. Revenue & Financial Results | Market Cap Arena

Ally Financial Inc.ALLY

FY 2020 Earnings

Reported February 24, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$10.7B	—	$11.6B	—	-7.2%
Op. Income	$1.4B	—	$2.0B	—	-28.1%
Gross Margin	56.3%	—	54.7%	—	1.7pp
Net Margin	10.1%	—	14.8%	—	-4.7pp
EPS (Diluted)	$2.88	—	$4.34	—	-33.6%
Free Cash Flow	-$581M	—	$27M	—	-2251.9%

Revenue Flow

Item	Amount
REVENUE	$10.7B
Cost of Revenue	$4.7B
GROSS PROFIT	$6.0B
R&D Expenses	$0
Selling & Marketing	$171M
General & Administrative	$2.3B
SG&A Expenses	$2.4B
Other Expenses	$2.2B
Operating Expenses	$4.6B
Cost & Expenses	$9.3B
OPERATING INCOME	$1.4B
Interest Income	$8.8B
Interest Expense	$3.2B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$328M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	-$1M
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$1.6B
EBIT	$1.4B
EBITDA	$3.0B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$10.7B
Cost of Revenue	$4.7B
GROSS PROFIT	$6.0B
R&D Expenses	$0
Selling & Marketing	$171M
General & Administrative	$2.3B
SG&A Expenses	$2.4B
Other Expenses	$2.2B
Operating Expenses	$4.6B
Cost & Expenses	$9.3B
OPERATING INCOME	$1.4B
Interest Income	$8.8B
Interest Expense	$3.2B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$328M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	-$1M
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$1.6B
EBIT	$1.4B
EBITDA	$3.0B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$1.6B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$1.1B
Change in Working Capital	-$32M
OPERATING CASH FLOW	$3.7B
Capital Expenditure	-$4.3B
Acquisitions (Net)	$0
Purchases of Investments	-$18.8B
Sales/Maturities of Investments	$20.4B
Other Investing Activities	$11.1B
NET CASH FROM INVESTING	$8.4B
Net Debt Issuance	-$15.8B
Common Stock Repurchased	-$106M
Common Dividends Paid	-$289M
Other Financing Activities	$16.3B
NET CASH FROM FINANCING	$25M
FREE CASH FLOW	-$581M
Net Change in Cash	$12.2B

Balance Sheet

Item	Amount
Cash & Equivalents	$15.6B
Short-Term Investments	$29.7B
Net Receivables	$870M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$46.7B
PP&E (Net)	$10.5B
Goodwill	$343M
Intangible Assets	$50M
Long-Term Investments	$123.6B
Tax Assets	$94M
Other Non-Current Assets	$810M
TOTAL NON-CURRENT ASSETS	$135.4B
TOTAL ASSETS	$182.2B
Account Payables	$1.0B
Short-Term Debt	$2.1B
Deferred Revenue	$0
Other Current Liabilities	$137.0B
TOTAL CURRENT LIABILITIES	$140.2B
Long-Term Debt	$22.0B
Deferred Revenue NC	$104M
Deferred Tax Liabilities	$92M
Other Non-Current Liabilities	$4.9B
TOTAL NON-CURRENT LIABILITIES	$27.3B
TOTAL LIABILITIES	$167.5B
Common Stock	$21.5B
Additional Paid-In Capital	$0
Retained Earnings	-$4.3B
Treasury Stock	-$3.2B
Accum. Other Comp. Income	$631M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$14.7B
Minority Interest	$0
TOTAL EQUITY	$14.7B
TOTAL LIABILITIES & EQUITY	$182.2B
Total Debt	$24.3B
Net Debt	$8.7B