Ally Financial Inc. Earnings Per Share Disclosure
Year ended December 31, ($ in millions, except per share data; shares in thousands) (a) | 2025 | 2024 | 2023 | |||||||||||||||||
| Net income from continuing operations | $ | 852 | $ | 669 | $ | 959 | ||||||||||||||
| Preferred stock dividends — Series B | (63) | (63) | (63) | |||||||||||||||||
| Preferred stock dividends — Series C | (47) | (47) | (47) | |||||||||||||||||
| Net income from continuing operations attributable to common shareholders | $ | 742 | $ | 559 | $ | 849 | ||||||||||||||
| Loss from discontinued operations, net of tax | — | (1) | (2) | |||||||||||||||||
| Net income attributable to common shareholders | $ | 742 | $ | 558 | $ | 847 | ||||||||||||||
| Basic weighted-average common shares outstanding (b) | 310,015 | 306,913 | 303,751 | |||||||||||||||||
| Diluted weighted-average common shares outstanding (b) | 313,043 | 310,160 | 305,135 | |||||||||||||||||
| Basic earnings per common share | ||||||||||||||||||||
| Net income from continuing operations | $ | 2.39 | $ | 1.82 | $ | 2.79 | ||||||||||||||
| Loss from discontinued operations, net of tax | — | — | (0.01) | |||||||||||||||||
| Net income | $ | 2.39 | $ | 1.82 | $ | 2.79 | ||||||||||||||
| Diluted earnings per common share | ||||||||||||||||||||
| Net income from continuing operations | $ | 2.37 | $ | 1.80 | $ | 2.78 | ||||||||||||||
| Loss from discontinued operations, net of tax | — | — | (0.01) | |||||||||||||||||
| Net income | $ | 2.37 | $ | 1.80 | $ | 2.77 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 25, 2026 | Showing above |
| 2024 | Feb 19, 2025 | |
| 2023 | Feb 20, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 25, 2022 | |
| 2020 | Feb 24, 2021 | |
| 2019 | Feb 25, 2020 | |
| 2018 | Feb 20, 2019 | |
| 2017 | Feb 21, 2018 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.