Earnings Summary

Ally Financial Inc.’s revenue jumped 120.03% since last year same period to $4075Mn in the Q2 2024. On a quarterly growth basis, Ally Financial Inc. has generated -0.9% fall in its revenue since last 3-months.

Ally Financial Inc.’s net profit fell -10.64% since last year same period to $294Mn in the Q2 2024. On a quarterly growth basis, Ally Financial Inc. has generated 87.26% jump in its net profits since last 3-months.

Ally Financial Inc.’s net profit margin fell -59.39% since last year same period to 7.21% in the Q2 2024. On a quarterly growth basis, Ally Financial Inc. has generated 88.96% jump in its net profit margins since last 3-months.

Ally Financial Inc.’s price-to-earnings ratio after this Q2 2024 earnings stands at 15.11.

Ally Financial Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.55 - a -14.06% fall from last quarter’s estimates.

Ally Financial Inc.’s earning per share (EPS) estimates for the current year stand at 0.55.

Ally Financial Inc.’s earning per share (EPS) jumped 1.04% since last year same period to 0.97 in the Q2 2024. This indicates that the Ally Financial Inc. has generated 1.04% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ally Financial Inc.’s return on assets (ROA) stands at 0.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ally Financial Inc.’s return on equity (ROE) stands at 0.06.

Ally Financial Inc. declared 0.3 dividend per share during the earnings announcement for Q2 2024.