GENERAL MOTORS FINANCIAL COMPANY, INC. Financial Statements (2024 and earlier)

Company Profile

Business Address 801 CHERRY STREET
FORT WORTH, TX 76102
State of Incorp. TX
Fiscal Year End December 31
Industry (SIC) 6199 - Finance Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,2824,0053,9485,0633,3114,883
Cash and cash equivalents5,2824,0053,9485,0633,3114,883
Total current assets:5,2824,0053,9485,0633,3114,883
Noncurrent Assets
Operating lease, right-of-use asset 100117   
Property, plant and equipment (432)(407)(392)184226251
Long-term investments and receivables1,6701,6651,7171,5811,4551,355
Long-term investments1,6701,6651,7171,5811,4551,355
Intangible assets, net (including goodwill), including:1,1841,1711,1691,1731,1851,186
Goodwill 1,1781,1711,1691,1731,1851,186
Other undisclosed intangible assets, net (including goodwill)6     
Deferred income tax assets 292251244245213
Total noncurrent assets:2,8142,7972,7383,1833,0792,792
Other undisclosed assets123,915115,743107,100105,579102,827102,245
TOTAL ASSETS:132,011122,545113,786113,825109,217109,920
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt 2,0251,8361,3531,103946 
Deferred income tax liabilities 2,0251,8361,3531,103946
Total noncurrent liabilities: 2,0251,8361,3531,103946 
Other undisclosed liabilities114,443105,69998,63999,12495,54598,261
Total liabilities:116,468107,53599,992100,22796,49198,261
Equity
Equity, attributable to parent15,54215,01013,79413,59812,72611,659
Additional paid in capital8,7838,7428,6928,6428,1018,058
Accumulated other comprehensive loss(1,208)(1,373)(1,273)(1,309)(1,119)(1,066)
Retained earnings7,9677,6416,3756,2655,7444,667
Other undisclosed equity, attributable to parent      
Other undisclosed equity 1     
Total equity:15,54315,01013,79413,59812,72611,659
TOTAL LIABILITIES AND EQUITY:132,011122,545113,786113,825109,217109,920

Income Statement (P&L) ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues14,22412,76613,41913,83114,55414,016
Operating leases, income statement, lease revenue9,963
Operating lease, lease income7,2667,8119,0269,530 
Net investment income6,2044,5214,1033,9964,0713,629
Cost of revenue(9,773)(9,122)(10,490)(9,786)(11,052)(10,784)
Cost of goods and services sold(8,947)(8,468)(10,242)(5,882) (6,917)
Gross profit:4,4513,6442,9294,0453,5023,232
Operating expenses(1,818)(1,662)(1,648)(1,490)(1,564)(1,522)
Operating income:2,6331,9821,2812,5551,9381,710
Nonoperating income (expense)
(gain on Contract Termination)
  1,1881,9541,325652641
Interest and debt expense(4,685)(2,881)(2,651)(3,023)(3,641)(3,225)
Other undisclosed income from continuing operations before equity method investments, income taxes4,8993,6144,2511,6982,9892,584
Income from continuing operations before equity method investments, income taxes:2,8473,9034,8352,5551,9381,710
Income from equity method investments138173201147166183
Other undisclosed income from continuing operations before income taxes      
Income from continuing operations before income taxes:2,9854,0765,0362,7022,1041,893
Income tax expense(741)(992)(1,247)(693)(537)(323)
Income from continuing operations:2,2443,0843,7892,0091,5671,570
Income before gain (loss) on sale of properties:3,7892,0091,5671,570
Net income:2,2443,0843,7892,0091,5671,570
Other undisclosed net income attributable to parent1     
Net income attributable to parent:2,2453,0843,7892,0091,5671,570
Preferred stock dividends and other adjustments(119)(119)(119)(98)(90) 
Other undisclosed net income (loss) available to common stockholders, basic 1   (66)
Net income available to common stockholders, diluted:2,1262,9663,6701,9111,4771,504

Comprehensive Income ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:2,2443,0843,7892,0091,5671,570
Other comprehensive loss      (298)
Comprehensive income:2,2443,0843,7892,0091,5671,272
Other undisclosed comprehensive income (loss), net of tax, attributable to parent166(101)36(190)(53) 
Comprehensive income, net of tax, attributable to parent:2,4102,9833,8251,8191,5141,272

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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