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Ally Financial ALLY Insurance operations — Goodwill impairment

Other segment segments

Automotive Finance operations
$0

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Other financials

Income statement

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Revenue$2.1B+36.4%
Net income$367.0M+4.3%
EPS (diluted)$0.93+213%

Balance sheet

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Cash & equivalents$11.2B-1.6%
Total debt$22.8B+26.9%
Total equity$15.6B+9.7%
Total assets$197.27B+2.0%

Cash flow

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Operating cash flow$1.4B+45.9%
CapEx-
Free cash flow$1.1B-2.9%

Valuation

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Market cap$13.61B+18.8%
Enterprise value$25.14B+33.3%
P/E9.7×-16.8×

Profitability

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Net margin16.5%+12.6pp
FCF margin55.3%

Returns & leverage

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Return on equity9.4%+7.2pp
Debt / equity1.5×+0.2×

Where this comes from

Reported directly by Ally Financial in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Ally Financial’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 5:21 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000040729-26-000009
($ in millions)Automotive Finance operationsInsurance operationsCorporate and Other (a)Total
Goodwill at December 31, 2024$20$27$504$551
Goodwill impairment(305)(305)
Transfer to assets of operations held-for-sale (b)(56)(56)
Goodwill at December 31, 2025$20$27$143$190
Goodwill impairment
Goodwill at March 31, 2026$20$27$143$190

Item 1. Financial Statements

FAQ

What is Ally Financial's insurance operations — goodwill impairment?
Ally Financial (ALLY) reported insurance operations — goodwill impairment of $0 in Q1 2026.
What does insurance operations — goodwill impairment mean?
This represents the non-cash charge taken when the carrying value of the insurance segment's goodwill exceeds its fair value. It signals that the expected future economic benefits of the acquired business have declined.