ALLY FY 2021 Earnings Report — Ally Financial Inc. Revenue & Financial Results | Market Cap Arena

Ally Financial Inc.ALLY

FY 2021 Earnings

Reported February 25, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$10.7B	—	$10.7B	—	-0.3%
Op. Income	$3.9B	—	$1.4B	—	172.6%
Gross Margin	79.8%	—	56.3%	—	23.5pp
Net Margin	28.6%	—	10.1%	—	18.5pp
EPS (Diluted)	$8.22	—	$2.88	—	185.4%
Free Cash Flow	-$1.1B	—	-$581M	—	-85.5%

Revenue Flow

Item	Amount
REVENUE	$10.7B
Cost of Revenue	$2.2B
GROSS PROFIT	$8.5B
R&D Expenses	$0
Selling & Marketing	$241M
General & Administrative	$2.5B
SG&A Expenses	$2.7B
Other Expenses	$2.0B
Operating Expenses	$4.7B
Cost & Expenses	$6.8B
OPERATING INCOME	$3.9B
Interest Income	$8.7B
Interest Expense	$1.9B
Other Income/Expenses	$0
INCOME BEFORE TAX	$3.9B
Income Tax Expense	$790M
Net Income from Continuing Ops	$3.1B
Net Income from Discontinued Ops	-$5M
Other Adjustments	$0
NET INCOME	$3.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.0B
D&A	$1.3B
EBIT	$3.9B
EBITDA	$5.1B
EPS	$8
EPS Diluted	$8

Income Statement

Item	Amount
REVENUE	$10.7B
Cost of Revenue	$2.2B
GROSS PROFIT	$8.5B
R&D Expenses	$0
Selling & Marketing	$241M
General & Administrative	$2.5B
SG&A Expenses	$2.7B
Other Expenses	$2.0B
Operating Expenses	$4.7B
Cost & Expenses	$6.8B
OPERATING INCOME	$3.9B
Interest Income	$8.7B
Interest Expense	$1.9B
Other Income/Expenses	$0
INCOME BEFORE TAX	$3.9B
Income Tax Expense	$790M
Net Income from Continuing Ops	$3.1B
Net Income from Discontinued Ops	-$5M
Other Adjustments	$0
NET INCOME	$3.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.0B
D&A	$1.3B
EBIT	$3.9B
EBITDA	$5.1B
EPS	$8
EPS Diluted	$8

Cash Flow Statement

Item	Amount
Net Income	$3.1B
Depreciation & Amortization	$1.3B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$143M
Change in Working Capital	-$136M
OPERATING CASH FLOW	$4.0B
Capital Expenditure	-$5.1B
Acquisitions (Net)	-$699M
Purchases of Investments	-$23.2B
Sales/Maturities of Investments	$18.3B
Other Investing Activities	-$433M
NET CASH FROM INVESTING	-$11.1B
Net Debt Issuance	-$5.6B
Common Stock Repurchased	-$2.0B
Common Dividends Paid	-$324M
Other Financing Activities	$4.5B
NET CASH FROM FINANCING	-$3.8B
FREE CASH FLOW	-$1.1B
Net Change in Cash	-$10.9B

Balance Sheet

Item	Amount
Cash & Equivalents	$5.1B
Short-Term Investments	$33.4B
Net Receivables	$727M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$39.2B
PP&E (Net)	$12.2B
Goodwill	$822M
Intangible Assets	$129M
Long-Term Investments	$127.9B
Tax Assets	$254M
Other Non-Current Assets	$1.6B
TOTAL NON-CURRENT ASSETS	$142.9B
TOTAL ASSETS	$182.1B
Account Payables	$794M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$141.6B
TOTAL CURRENT LIABILITIES	$142.4B
Long-Term Debt	$17.0B
Deferred Revenue NC	$176M
Deferred Tax Liabilities	$10M
Other Non-Current Liabilities	$5.3B
TOTAL NON-CURRENT LIABILITIES	$22.7B
TOTAL LIABILITIES	$165.1B
Common Stock	$21.7B
Additional Paid-In Capital	$0
Retained Earnings	-$1.6B
Treasury Stock	-$5.2B
Accum. Other Comp. Income	-$158M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$17.1B
Minority Interest	$0
TOTAL EQUITY	$17.1B
TOTAL LIABILITIES & EQUITY	$182.1B
Total Debt	$17.2B
Net Debt	$12.1B