Ally Historical Income Statement

0HD0 Stock   39.94  0.73  1.86%   
Historical analysis of Ally Financial income statement accounts such as Gross Profit of 8.1 B, Other Operating Expenses of 2.9 B or Operating Income of 2.1 B can show how well Ally Financial performed in making a profits. Evaluating Ally Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ally Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ally Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ally Financial is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ally Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.

About Ally Income Statement Analysis

Ally Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ally Financial shareholders. The income statement also shows Ally investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Ally Financial Income Statement Chart

At this time, Ally Financial's Total Revenue is comparatively stable compared to the past year. EBIT is likely to gain to about 1.6 B in 2024, whereas Gross Profit is likely to drop slightly above 8.1 B in 2024.

Total Revenue

Total revenue comprises all receipts Ally Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ally Financial minus its cost of goods sold. It is profit before Ally Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ally Financial. It is also known as Ally Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Ally Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ally Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Ally Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ally Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ally Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.At this time, Ally Financial's Total Revenue is comparatively stable compared to the past year. EBIT is likely to gain to about 1.6 B in 2024, whereas Gross Profit is likely to drop slightly above 8.1 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit8.7B7.9B15.8B8.1B
Total Revenue10.7B12.3B7.1B9.8B

Ally Financial income statement Correlations

0.77-0.240.880.120.420.9-0.80.490.540.610.13-0.570.170.45-0.11-0.09-0.420.33
0.770.040.740.470.580.78-0.90.760.130.66-0.19-0.770.490.080.040.24-0.70.72
-0.240.04-0.380.810.1-0.13-0.180.2-0.720.22-0.4-0.10.67-0.770.780.92-0.240.43
0.880.74-0.38-0.010.340.8-0.610.430.670.410.14-0.380.130.69-0.26-0.24-0.410.31
0.120.470.81-0.010.570.35-0.520.73-0.420.55-0.24-0.430.7-0.530.720.86-0.570.65
0.420.580.10.340.570.76-0.510.840.10.790.47-0.480.430.040.330.35-0.570.48
0.90.78-0.130.80.350.76-0.770.730.470.790.35-0.580.310.380.080.09-0.550.43
-0.8-0.9-0.18-0.61-0.52-0.51-0.77-0.65-0.04-0.690.220.86-0.410.1-0.07-0.290.65-0.67
0.490.760.20.430.730.840.73-0.650.10.70.04-0.580.47-0.020.360.42-0.670.59
0.540.13-0.720.67-0.420.10.47-0.040.10.050.490.08-0.420.92-0.4-0.650.13-0.37
0.610.660.220.410.550.790.79-0.690.70.050.15-0.650.54-0.060.310.43-0.660.62
0.13-0.19-0.40.14-0.240.470.350.220.040.490.150.28-0.170.490.04-0.260.24-0.38
-0.57-0.77-0.1-0.38-0.43-0.48-0.580.86-0.580.08-0.650.28-0.30.210.1-0.220.76-0.76
0.170.490.670.130.70.430.31-0.410.47-0.420.54-0.17-0.3-0.410.750.87-0.50.71
0.450.08-0.770.69-0.530.040.380.1-0.020.92-0.060.490.21-0.41-0.5-0.710.08-0.32
-0.110.040.78-0.260.720.330.08-0.070.36-0.40.310.040.10.75-0.50.88-0.070.24
-0.090.240.92-0.240.860.350.09-0.290.42-0.650.43-0.26-0.220.87-0.710.88-0.360.56
-0.42-0.7-0.24-0.41-0.57-0.57-0.550.65-0.670.13-0.660.240.76-0.50.08-0.07-0.36-0.9
0.330.720.430.310.650.480.43-0.670.59-0.370.62-0.38-0.760.71-0.320.240.56-0.9
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Ally Financial Account Relationship Matchups

Ally Financial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.2B1.1B1.1B1.3B(1.2B)(1.2B)
Total Revenue11.5B10.7B10.7B12.3B7.1B9.8B
Gross Profit6.4B6.2B8.7B7.9B15.8B8.1B
Other Operating Expenses9.6B9.4B7.2B10.3B3.1B2.9B
Operating Income2.0B1.6B4.0B2.3B4.0B2.1B
Ebit1.9B1.4B3.9B2.3B973M1.6B
Ebitda3.1B2.5B4.9B3.6B(259M)(246.1M)
Total Operating Expenses1.9B2.1B2.1B2.5B3.1B2.6B
Income Before Tax2.0B1.4B3.9B2.3B1.1B1.7B
Net Income1.7B1.1B3.1B1.7B1.0B987.3M
Income Tax Expense246M328M790M566M61M58.0M
Selling General Administrative2.3B2.3B2.3B2.9B2.8B2.1B
Selling And Marketing Expenses180M171M241M366M308M203.7M
Cost Of Revenue5.1B4.5B2.1B4.3B(8.7B)(8.3B)
Tax Provision382M247M328M790M908.5M486.0M
Net Interest Income5.4B5.6B5.6B6.7B7.7B6.3B
Interest Expense1.7B1.3B861M870M1.1B911.6M
Net Income Applicable To Common Shares1.7B1.1B3.0B1.6B1.8B1.8B

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Additional Tools for Ally Stock Analysis

When running Ally Financial's price analysis, check to measure Ally Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ally Financial is operating at the current time. Most of Ally Financial's value examination focuses on studying past and present price action to predict the probability of Ally Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ally Financial's price. Additionally, you may evaluate how the addition of Ally Financial to your portfolios can decrease your overall portfolio volatility.