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Ally Financial (FRA:GMZ) Market Cap : €10,908 Mil (As of May. 27, 2024)


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What is Ally Financial Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ally Financial's share price for the quarter that ended in Mar. 2024 was €36.62. Ally Financial's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 304 Mil. Therefore, Ally Financial's market cap for the quarter that ended in Mar. 2024 was €11,132 Mil.

Ally Financial's quarterly market cap increased from Sep. 2023 (€7,535 Mil) to Dec. 2023 (€9,494 Mil) and increased from Dec. 2023 (€9,494 Mil) to Mar. 2024 (€11,132 Mil).

Ally Financial's annual market cap declined from Dec. 2021 (€14,261 Mil) to Dec. 2022 (€6,946 Mil) but then increased from Dec. 2022 (€6,946 Mil) to Dec. 2023 (€9,494 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ally Financial's Enterprise Value for Today is €21,320 Mil.


Ally Financial Market Cap Historical Data

The historical data trend for Ally Financial's Market Cap 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.

Ally Financial Market Cap Chart

Ally Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,181.83 10,640.74 14,261.11 6,945.81 9,494.19

Ally Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap 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 6,846.69 7,368.55 7,534.72 9,494.19 11,131.67

Competitive Comparison of Ally Financial's Market Cap

For the Credit Services subindustry, Ally Financial's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ally Financial's Market Cap distribution charts can be found below:

* The bar in red indicates where Ally Financial's Market Cap falls into.



Ally Financial Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Ally Financial's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€31.39*302.459
=€9,494

Ally Financial's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€36.62*303.978
=€11,132

* 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  (FRA:GMZ) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Ally Financial Market Cap Related Terms

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Ally Financial (FRA:GMZ) Business Description

Traded in Other Exchanges
Address
500 Woodward Avenue, Floor 10, Ally Detroit Center, Detroit, MI, USA, 48226
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.