ALLY FY 2022 Earnings Report — Ally Financial Inc. Revenue & Financial Results | Market Cap Arena

Ally Financial Inc.ALLY

FY 2022 Earnings

Reported February 24, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$12.1B	—	$10.7B	—	13.1%
Op. Income	$2.3B	—	$3.9B	—	-39.2%
Gross Margin	64.8%	—	79.8%	—	-15.0pp
Net Margin	14.2%	—	28.6%	—	-14.4pp
EPS (Diluted)	$5.03	—	$8.22	—	-38.8%
Free Cash Flow	$2.7B	—	-$1.1B	—	351.9%

Revenue Flow

Item	Amount
REVENUE	$12.1B
Cost of Revenue	$4.3B
GROSS PROFIT	$7.8B
R&D Expenses	$0
Selling & Marketing	$366M
General & Administrative	$2.8B
SG&A Expenses	$3.2B
Other Expenses	$2.3B
Operating Expenses	$5.5B
Cost & Expenses	$9.8B
OPERATING INCOME	$2.3B
Interest Income	$10.6B
Interest Expense	$2.9B
Other Income/Expenses	$0
INCOME BEFORE TAX	$2.3B
Income Tax Expense	$627M
Net Income from Continuing Ops	$1.7B
Net Income from Discontinued Ops	-$1M
Other Adjustments	$0
NET INCOME	$1.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.6B
D&A	$1.3B
EBIT	$2.3B
EBITDA	$3.7B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$12.1B
Cost of Revenue	$4.3B
GROSS PROFIT	$7.8B
R&D Expenses	$0
Selling & Marketing	$366M
General & Administrative	$2.8B
SG&A Expenses	$3.2B
Other Expenses	$2.3B
Operating Expenses	$5.5B
Cost & Expenses	$9.8B
OPERATING INCOME	$2.3B
Interest Income	$10.6B
Interest Expense	$2.9B
Other Income/Expenses	$0
INCOME BEFORE TAX	$2.3B
Income Tax Expense	$627M
Net Income from Continuing Ops	$1.7B
Net Income from Discontinued Ops	-$1M
Other Adjustments	$0
NET INCOME	$1.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.6B
D&A	$1.3B
EBIT	$2.3B
EBITDA	$3.7B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$1.7B
Depreciation & Amortization	$1.3B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$1.3B
Change in Working Capital	$1.9B
OPERATING CASH FLOW	$6.2B
Capital Expenditure	-$3.5B
Acquisitions (Net)	$0
Purchases of Investments	-$7.3B
Sales/Maturities of Investments	$6.1B
Other Investing Activities	-$12.5B
NET CASH FROM INVESTING	-$17.3B
Net Debt Issuance	$3.0B
Common Stock Repurchased	-$1.6B
Common Dividends Paid	-$384M
Other Financing Activities	$10.7B
NET CASH FROM FINANCING	$11.6B
FREE CASH FLOW	$2.7B
Net Change in Cash	$552M

Balance Sheet

Item	Amount
Cash & Equivalents	$5.6B
Short-Term Investments	$25.6B
Net Receivables	$950M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$32.2B
PP&E (Net)	$11.8B
Goodwill	$822M
Intangible Assets	$98M
Long-Term Investments	$141.2B
Tax Assets	$1.1B
Other Non-Current Assets	$4.6B
TOTAL NON-CURRENT ASSETS	$159.7B
TOTAL ASSETS	$191.8B
Account Payables	$843M
Short-Term Debt	$2.4B
Deferred Revenue	$0
Other Current Liabilities	$152.3B
TOTAL CURRENT LIABILITIES	$155.5B
Long-Term Debt	$17.8B
Deferred Revenue NC	$169M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$5.4B
TOTAL NON-CURRENT LIABILITIES	$23.4B
TOTAL LIABILITIES	$179.0B
Common Stock	$21.8B
Additional Paid-In Capital	$0
Retained Earnings	-$384M
Treasury Stock	-$6.8B
Accum. Other Comp. Income	-$4.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$12.9B
Minority Interest	$0
TOTAL EQUITY	$12.9B
TOTAL LIABILITIES & EQUITY	$191.8B
Total Debt	$20.3B
Net Debt	$14.7B