Ally Financial Inc. Quarterly Income Tax Expense (Benefit) in USD from Q2 2010 to Q2 2024

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 Q2 2010 to Q2 2024.
  • Ally Financial Inc. Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was -$37M, a 150% decline year-over-year.
  • Ally Financial Inc. Income Tax Expense (Benefit) for the twelve months ending June 30, 2024 was -$104M, a 124% 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), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 -$104M -$37M -$111M -150% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-05
Q1 2024 $7M $14M -$54M -79.4% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-06
Q4 2023 $61M -$13M -$180M -108% Oct 1, 2023 Dec 31, 2023 10-K 2024-02-20
Q3 2023 $241M -$68M -$185M -158% Jul 1, 2023 Sep 30, 2023 10-Q 2023-10-31
Q2 2023 $426M $74M -$78M -51.3% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-05
Q1 2023 $504M $68M -$123M -64.4% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-06
Q4 2022 $627M $167M -$74M -30.7% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-20
Q3 2022 $701M $117M -$78M -40% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-31
Q2 2022 $779M $152M +$9M +6.29% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-01
Q1 2022 $770M $191M -$20M -9.48% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-02
Q4 2021 $790M $241M +$72M +42.6% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-20
Q3 2021 $718M $195M +$39M +25% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-02
Q2 2021 $679M $143M +$48M +50.5% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-01
Q1 2021 $631M $211M +$303M Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-02
Q4 2020 $328M $169M +$63M +59.4% Oct 1, 2020 Dec 31, 2020 10-K 2021-02-24
Q3 2020 $265M $156M +$37M +31.1% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-02
Q2 2020 $228M $95M +$185M Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-02
Q1 2020 $43M -$92M -$203M -183% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-03
Q4 2019 $246M $106M +$27M +34.2% Oct 1, 2019 Dec 31, 2019 10-K 2021-02-24
Q3 2019 $219M $119M +$28M +30.8% Jul 1, 2019 Sep 30, 2019 10-K 2021-02-24
Q2 2019 $191M -$90M -$203M -180% Apr 1, 2019 Jun 30, 2019 10-K 2021-02-24
Q1 2019 $394M $111M +$35M +46.1% Jan 1, 2019 Mar 31, 2019 10-K 2021-02-24
Q4 2018 $359M $79M -$152M -65.8% Oct 1, 2018 Dec 31, 2018 10-K 2020-02-25
Q3 2018 $511M $91M -$24M -20.9% Jul 1, 2018 Sep 30, 2018 10-K 2020-02-25
Q2 2018 $535M $113M -$9M -7.38% Apr 1, 2018 Jun 30, 2018 10-K 2020-02-25
Q1 2018 $544M $76M -$37M -32.7% Jan 1, 2018 Mar 31, 2018 10-K 2020-02-25
Q4 2017 $581M $231M +$97M +72.4% Oct 1, 2017 Dec 31, 2017 10-K 2019-02-20
Q3 2017 $484M $115M -$15M -11.5% Jul 1, 2017 Sep 30, 2017 10-K 2019-02-20
Q2 2017 $499M $122M +$66M +118% Apr 1, 2017 Jun 30, 2017 10-K 2019-02-20
Q1 2017 $433M $113M -$37M -24.7% Jan 1, 2017 Mar 31, 2017 10-K 2019-02-20
Q4 2016 $470M $134M -$21M -13.5% Oct 1, 2016 Dec 31, 2016 10-K 2018-02-21
Q3 2016 $491M $130M -$14M -9.72% Jul 1, 2016 Sep 30, 2016 10-K 2018-02-21
Q2 2016 $505M $56M -$38M -40.4% Apr 1, 2016 Jun 30, 2016 10-K 2018-02-21
Q1 2016 $543M $150M +$47M +45.6% Jan 1, 2016 Mar 31, 2016 10-K 2018-02-21
Q4 2015 $496M $155M +$119M +331% Oct 1, 2015 Dec 31, 2015 10-K 2017-02-27
Q3 2015 $377M $144M +$17M +13.4% Jul 1, 2015 Sep 30, 2015 10-K 2017-02-27
Q2 2015 $360M $94M +$30M +46.9% Apr 1, 2015 Jun 30, 2015 10-K 2017-02-27
Q1 2015 $330M $103M +$9M +9.57% Jan 1, 2015 Mar 31, 2015 10-K 2017-02-27
Q4 2014 $321M $36M +$40M Oct 1, 2014 Dec 31, 2014 8-K 2016-05-05
Q3 2014 $281M $127M +$99M +354% Jul 1, 2014 Sep 30, 2014 8-K 2016-05-05
Q2 2014 $182M $64M +$24M +60% Apr 1, 2014 Jun 30, 2014 8-K 2016-05-05
Q1 2014 $158M $94M +$217M Jan 1, 2014 Mar 31, 2014 8-K 2016-05-05
Q4 2013 -$59M -$4M +$883M +99.5% Oct 1, 2013 Dec 31, 2013 10-K 2015-02-27
Q3 2013 -$942M $28M -$18M -39.1% Jul 1, 2013 Sep 30, 2013 10-K 2015-02-27
Q2 2013 -$924M $40M +$56M Apr 1, 2013 Jun 30, 2013 10-K 2015-02-27
Q1 2013 -$980M -$123M -$124M -12400% Jan 1, 2013 Mar 31, 2013 10-K 2015-02-27
Q4 2012 -$856M -$887M -$901M -6436% Oct 1, 2012 Dec 31, 2012 10-K 2014-03-03
Q3 2012 $45M $46M +$36M +360% Jul 1, 2012 Sep 30, 2012 10-K 2014-03-03
Q2 2012 $9M -$16M -$24M -300% Apr 1, 2012 Jun 30, 2012 10-K 2014-03-03
Q1 2012 $33M $1M -$9M -90% Jan 1, 2012 Mar 31, 2012 10-K 2014-03-03
Q4 2011 $42M $14M Oct 1, 2011 Dec 31, 2011 8-K 2013-07-09
Q3 2011 $10M -$38M -79.2% Jul 1, 2011 Sep 30, 2011 8-K 2013-07-09
Q2 2011 $8M -$25M -75.8% Apr 1, 2011 Jun 30, 2011 8-K 2013-07-09
Q1 2011 $10M Jan 1, 2011 Mar 31, 2011 8-K 2013-07-09
Q3 2010 $48M Jul 1, 2010 Sep 30, 2010 10-Q 2011-11-04
Q2 2010 $33M Apr 1, 2010 Jun 30, 2010 10-Q 2011-08-09
* An asterisk sign (*) next to the value indicates that the value is likely invalid.