Ally Financial Inc. Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Ally Financial Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Ally Financial Inc. Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was -$124M, a 82.4% decline year-over-year.
  • Ally Financial Inc. Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was -$160M, a 166% decline year-over-year.
  • Ally Financial Inc. annual Income Tax Expense (Benefit) for 2023 was $61M, a 90.3% decline from 2022.
  • Ally Financial Inc. annual Income Tax Expense (Benefit) for 2022 was $627M, a 20.6% decline from 2021.
  • Ally Financial Inc. annual Income Tax Expense (Benefit) for 2021 was $790M, a 141% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $61M -$566M -90.3% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-20
2022 $627M -$163M -20.6% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-20
2021 $790M +$462M +141% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-20
2020 $328M +$82M +33.3% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $246M -$113M -31.5% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $359M -$222M -38.2% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-24
2017 $581M +$111M +23.6% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-25
2016 $470M -$26M -5.24% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-20
2015 $496M +$175M +54.5% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-21
2014 $321M +$380M Jan 1, 2014 Dec 31, 2014 10-K 2017-02-27
2013 -$59M +$797M +93.1% Jan 1, 2013 Dec 31, 2013 8-K 2016-05-05
2012 -$856M -$898M -2138% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-27
2011 $42M -$55M -56.7% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-03
2010 $97M Jan 1, 2010 Dec 31, 2010 8-K 2013-07-09
* An asterisk sign (*) next to the value indicates that the value is likely invalid.