Pretax income is the income that a company earns before paying income taxes. Ally Financial's pretax income for the
three
months ended in Dec. 2023 was $64 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $866 Mil.
Ally Financial's pretax margin was 2.79%.
During the past 13 years, Ally Financial's highest Pretax Margin was 43.91%. The lowest was 9.71%. And the median was 21.77%.
Ally Financial Pre-Tax Income Historical Data
The historical data trend for Ally Financial's Pre-Tax Income 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.
Competitive Comparison of Ally Financial's Pre-Tax Income
For the Credit Services subindustry, Ally Financial's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.
Ally Financial's Pre-Tax Income Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Ally Financial's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Ally Financial's Pre-Tax Income falls into.
Ally Financial Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Ally Financial's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $866 Mil.
* 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.
Ally Financial (NYSE:ALLY) Pre-Tax Income Explanation
Ally Financial's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, Ally Financial's highest Pretax Margin was 43.91%. The lowest was 9.71%. And the median was 21.77%.
* 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.
Ally Financial Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of Ally Financial's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Ally Financial (Ally Financial) Business Description
Formerly the captive financial arm of General Motors, Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time, it remains primarily focused on auto lending with more than 70% of its loan book in consumer auto loans and dealer financing. Ally also offers auto insurance, personal loans, commercial loans, credit cards, and holds a portfolio of mortgage debt, giving the bank a diversified business model, which includes brokerage services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ALLY has been successfully added to your 