ALLY Q4 2016 Earnings Report — Ally Financial Inc. Revenue & Financial Results | Market Cap Arena

Ally Financial Inc.ALLY

Q4 2016 Earnings

Reported February 27, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2016	Q3 2016	Q4 2015	QoQ Change	YoY Change
Revenue	$2.5B	$2.4B	—	0.4%	—
Op. Income	$380M	$391M	—	-2.8%	—
Gross Margin	61.7%	62.6%	—	-0.9pp	—
Net Margin	10.1%	8.5%	—	1.5pp	—
EPS (Diluted)	$0.52	$0.43	—	20.9%	—
Free Cash Flow	$64M	$265M	—	-75.8%	—

Revenue Flow

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$941M
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$37M
General & Administrative	$404M
SG&A Expenses	$441M
Other Expenses	$694M
Operating Expenses	$1.1B
Cost & Expenses	$2.1B
OPERATING INCOME	$380M
Interest Income	$2.1B
Interest Expense	$674M
Other Income/Expenses	$0
INCOME BEFORE TAX	$380M
Income Tax Expense	$134M
Net Income from Continuing Ops	$246M
Net Income from Discontinued Ops	$2M
Other Adjustments	$0
NET INCOME	$248M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$248M
D&A	$575M
EBIT	$380M
EBITDA	$955M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$941M
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$37M
General & Administrative	$404M
SG&A Expenses	$441M
Other Expenses	$694M
Operating Expenses	$1.1B
Cost & Expenses	$2.1B
OPERATING INCOME	$380M
Interest Income	$2.1B
Interest Expense	$674M
Other Income/Expenses	$0
INCOME BEFORE TAX	$380M
Income Tax Expense	$134M
Net Income from Continuing Ops	$246M
Net Income from Discontinued Ops	$2M
Other Adjustments	$0
NET INCOME	$248M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$248M
D&A	$575M
EBIT	$380M
EBITDA	$955M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$248M
Depreciation & Amortization	$575M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$277M
Change in Working Capital	-$122M
OPERATING CASH FLOW	$978M
Capital Expenditure	-$914M
Acquisitions (Net)	$0
Purchases of Investments	-$5.2B
Sales/Maturities of Investments	$3.5B
Other Investing Activities	-$3.3B
NET CASH FROM INVESTING	-$5.9B
Net Debt Issuance	$3.5B
Common Stock Repurchased	-$168M
Common Dividends Paid	-$38M
Other Financing Activities	$3.3B
NET CASH FROM FINANCING	$6.6B
FREE CASH FLOW	$64M
Net Change in Cash	$1.6B

Balance Sheet

Item	Amount
Cash & Equivalents	$6.1B
Short-Term Investments	$14.0B
Net Receivables	$576M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$21.2B
PP&E (Net)	$11.8B
Goodwill	$240M
Intangible Assets	$0
Long-Term Investments	$120.8B
Tax Assets	$994M
Other Non-Current Assets	$8.6B
TOTAL NON-CURRENT ASSETS	$142.6B
TOTAL ASSETS	$163.7B
Account Payables	$1.0B
Short-Term Debt	$12.7B
Deferred Revenue	$0
Other Current Liabilities	$79.0B
TOTAL CURRENT LIABILITIES	$92.7B
Long-Term Debt	$54.1B
Deferred Revenue NC	$56M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$3.5B
TOTAL NON-CURRENT LIABILITIES	$57.7B
TOTAL LIABILITIES	$150.4B
Common Stock	$21.2B
Additional Paid-In Capital	$0
Retained Earnings	-$7.2B
Treasury Stock	-$357M
Accum. Other Comp. Income	-$341M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$13.3B
Minority Interest	$0
TOTAL EQUITY	$13.3B
TOTAL LIABILITIES & EQUITY	$163.7B
Total Debt	$66.8B
Net Debt	$60.7B