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Ally Financial (LTS:0HD0) Net Margin % : 15.56% (As of Sep. 2024)


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What is Ally Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ally Financial's Net Income for the three months ended in Sep. 2024 was $357 Mil. Ally Financial's Revenue for the three months ended in Sep. 2024 was $2,294 Mil. Therefore, Ally Financial's net margin for the quarter that ended in Sep. 2024 was 15.56%.

The historical rank and industry rank for Ally Financial's Net Margin % or its related term are showing as below:

LTS:0HD0' s Net Margin % Range Over the Past 10 Years
Min: 9.88   Med: 16.83   Max: 34.85
Current: 9.88


LTS:0HD0's Net Margin % is ranked worse than
57.25% of 531 companies
in the Credit Services industry
Industry Median: 13.85 vs LTS:0HD0: 9.88

Ally Financial Net Margin % Historical Data

The historical data trend for Ally Financial's Net Margin % 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 Net Margin % Chart

Ally Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.44 14.51 34.85 18.55 11.25

Ally Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 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 13.63 3.32 7.14 13.58 15.56

Competitive Comparison of Ally Financial's Net Margin %

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

For the Credit Services industry and Financial Services sector, Ally Financial's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ally Financial's Net Margin % falls into.



Ally Financial Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1020/9070
=11.25 %

Ally Financial's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=357/2294
=15.56 %

* 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  (LTS:0HD0) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Ally Financial Net Margin % Related Terms

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Ally Financial 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, commercial loans, credit cards, and holds a portfolio of mortgage debt, giving the bank a diversified business model, which includes brokerage services.

Ally Financial Headlines

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