How do you interpret noninsurance contracts — deferred revenue revenue recognized1?

An increase indicates higher service delivery activity or a larger base of active service contracts, while a decrease may signal slowing service demand or contract expirations.

Ally Financial ALLY Noninsurance Contracts — Deferred Revenue Revenue Recognized1

Discontinued — last reported Q1 '21

Similar metrics at other companies

ALSNRevenue recognized that was included in deferred income at the beginning of the period

$17M+54.5%

OKTAProfessional services and other — Revenue recognized that was included in the contract liability balance

$1M0.0%

ICEData Servicesand Other Revenue — Contract With Customer Liability Revenue Recognized

$88M-12.0%

ARDeferred Revenue Revenue Recognized1

$5.8M-7.0%

ICEData Services and Other Revenue — Contract With Customer, Liability, Including New Contract Revenue, Recognized

$80M-20.0%

NTRAProduct — Contract With Customer Liability Revenue Recognized

$1.2M-33.3%

Other financials

Income statement

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Revenue$2.1B+36.4%

Net income$319.0M+242%

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$13.94B+7.8%

Enterprise value$25.47B+33.3%

P/E10×-33.1×

P/S1.7×0.0×

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:DeferredRevenueRevenueRecognized1.

The official record: Ally Financial’s 10-Q, filed May 3, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does noninsurance contracts — deferred revenue revenue recognized1 mean?: The amount of revenue recognized during the period from previously deferred service contract payments.
How do you interpret noninsurance contracts — deferred revenue revenue recognized1?: An increase indicates higher service delivery activity or a larger base of active service contracts, while a decrease may signal slowing service demand or contract expirations.
How does noninsurance contracts — deferred revenue revenue recognized1 compare across companies?: Comparable to deferred revenue recognition in other financial services or warranty-based business models.