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CIT Group (CIT Group) Price-to-Operating-Cash-Flow : 5.76 (As of Apr. 26, 2024)


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What is CIT Group Price-to-Operating-Cash-Flow?

As of today (2024-04-26), CIT Group's share price is $53.50. CIT Group's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Sep. 2021 was $9.28. Hence, CIT Group's Price-to-Operating-Cash-Flow Ratio for today is 5.76.

The historical rank and industry rank for CIT Group's Price-to-Operating-Cash-Flow or its related term are showing as below:

CIT' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 2.21   Med: 6.42   Max: 19.77
Current: 5.76

During the past 13 years, CIT Group's highest Price-to-Operating-Cash-Flow Ratio was 19.77. The lowest was 2.21. And the median was 6.42.

CIT's Price-to-Operating-Cash-Flow is not ranked
in the Banks industry.
Industry Median: 6.125 vs CIT: 5.76

CIT Group's Cash Flow from Operations per share for the three months ended in Sep. 2021 was $1.88. Its Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Sep. 2021 was $9.28.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of CIT Group was -49.00% per year. During the past 3 years, the average Operating Cash Flow per Share Growth Rate was 14.40% per year. During the past 5 years, the average Operating Cash Flow per Share Growth Rate was -3.00% per year. During the past 10 years, the average Operating Cash Flow per Share Growth Rate was 6.30% per year.

During the past 13 years, CIT Group's highest 3-Year average Operating Cash Flow per Share Growth Rate was 71.00% per year. The lowest was -60.70% per year. And the median was 10.60% per year.


CIT Group Price-to-Operating-Cash-Flow Historical Data

The historical data trend for CIT Group's Price-to-Operating-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CIT Group Price-to-Operating-Cash-Flow Chart

CIT Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Price-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 15.11 4.63 4.77 7.35

CIT Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Price-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.39 7.35 4.62 4.79 5.60

Competitive Comparison of CIT Group's Price-to-Operating-Cash-Flow

For the Banks - Regional subindustry, CIT Group's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CIT Group's Price-to-Operating-Cash-Flow Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CIT Group's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where CIT Group's Price-to-Operating-Cash-Flow falls into.



CIT Group Price-to-Operating-Cash-Flow Calculation

CIT Group's Price-to-Operating-Cash-Flow ratio for today is calculated as

Price-to-Operating-Cash-Flow Ratio=Share Price/Cash Flow from Operations per share (TTM)
=53.50/9.284
=5.76

CIT Group's Share Price of today is $53.50.
CIT Group's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.28.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Cash Flow from Operations per share is calculated as Cash Flow from Operations divided by Shares Outstanding (Diluted Average).

It can also be calculated from the numbers for the whole company:

Price-to-Operating-Cash-Flow Ratio=Market Cap/Cash Flow from Operations

CIT Group Price-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of CIT Group's Price-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


CIT Group (CIT Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11 West 42nd Street, New York, NY, USA, 10036
CIT Group Inc is a banking holding company and a financial holding company operating primarily in North America. It provides financing, leasing, and advisory services primarily to middle-market companies in a diverse group of industries. The company's banking subsidiary mostly operates in Southern California and offers both commercial and retail banking services. The company sources its commercial lending business through direct marketing to customers, vendors, and distributors, among other parties. The company generates revenue by earning interest on loans and investments, as well as commission, fees, and rental income on leased equipment and other financial services. The company also syndicates and sells finance receivables.
Executives
John J. Fawcett officer: EVP and Chief Financial Office C/O CIT GROUP INC., 1 CIT DRIVE, LIVINGSTON NJ 07039
Wahida Plummer officer: EVP & Chief Risk Officer C/O CIT GROUP INC. 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039
Marisa Harney officer: EVP & Chief Credit Officer C/O CIT GROUP INC., 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Steve Solk officer: President, Consumer Banking C/O CIT GROUP INC., ATTN GENERAL COUNSEL 1 CIT DRIVE LIVINGSTON NJ 07039
Sheila A Stamps director C/O CIT GROUP, 1 CIT DRIVE, ATTN: GENERAL COUNSEL, LIVINGSTON NJ 07039
Michael L. Brosnan director C/O CIT GROUP INC. - GENERAL COUNSEL 1 CIT DRIVE LIVINGSTON NJ 07039
Gina M. Proia officer: EVP & Head of Marketing C/O CIT GROUP INC., ATTN GENERAL COUNSEL 1 CIT DRIVE LIVINGSTON NJ 07039
Denise M. Menelly officer: EVP, Head of Technology & Ops C/O CIT GROUP INC., 1 CIT DRIVE LIVINGSTON NJ 07039
Edward K Sperling officer: EVP & Controller C/O CIT GROUP, 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039
Ellen R Alemany director, officer: Chair & CEO ONE ADP BOULEVARD, ROSELAND NJ 07068
James J Duffy officer: EVP & Chief HR Officer C/O CIT GROUP, 11 WEST 42ND ST. NEW YORK NY 10036
Gerald Rosenfeld director C/O CIT GROUP INC., 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
David Harnisch officer: Pres., Commercial Finance C/O CIT GROUP, 1 CIT DRIVE LIVINGSTON NJ 07039
Alan L Frank director C/O CIT GROUP, 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039
John R Ryan director

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