CIT
Income statement / Annual
Last year (2020), CIT Group Inc.'s total revenue was $2.32 B,
an increase of 2.56% from the previous year.
In 2020, CIT Group Inc.'s net income was -$615.30 M.
See CIT Group Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
FY-2013
|
FY-2012
|
FY-2011
|
| Period Ended |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
12/31/2013 |
12/31/2012 |
12/31/2011 |
| Operating Revenue |
$2.32 B
|
$2.27 B
|
$2.37 B
|
$2.48 B
|
$2.33 B
|
$2.74 B
|
$2.54 B
|
$2.39 B
|
$1.11 B
|
$2.03 B
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$2.32 B |
$2.27 B |
$2.37 B |
$2.48 B |
$2.33 B |
$2.74 B |
$2.54 B |
$2.39 B |
$1.11 B |
$2.03 B |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$887.90 M
|
$753.70 M
|
$758.20 M
|
$778.90 M
|
$815.70 M
|
$703.80 M
|
$619.00 M
|
$619.40 M
|
$620.30 M
|
$570.00 M
|
| Selling & Marketing
Expenses |
$34.10 M
|
$40.40 M
|
$47.60 M
|
$42.20 M
|
$20.50 M
|
$31.30 M
|
$33.70 M
|
$25.20 M
|
$36.50 M
|
$0.00
|
| Selling, General &
Administrative Expenses |
$922.00 M
|
$794.10 M
|
$805.80 M
|
$821.10 M
|
$836.20 M
|
$735.10 M
|
$652.70 M
|
$644.60 M
|
$656.80 M
|
$570.00 M
|
| Other Expenses |
-$3.22 B |
-$1.48 B |
-$1.75 B |
-$2.18 B |
-$3.05 B |
-$1.80 B |
-$1.38 B |
-$1.13 B |
$674.70 M |
$384.70 M |
| Operating Expenses |
-$2.29 B |
-$690.20 M |
-$946.40 M |
-$1.36 B |
-$2.22 B |
-$1.07 B |
-$722.70 M |
-$484.50 M |
$1.33 B |
$954.70 M |
| Cost And Expenses |
-$2.29 B |
-$690.20 M |
-$946.40 M |
-$1.36 B |
-$2.22 B |
-$1.07 B |
-$722.70 M |
-$484.50 M |
$1.33 B |
$954.70 M |
| Interest Income |
$1.79 B |
$2.01 B |
$1.88 B |
$1.82 B |
$1.89 B |
$1.50 B |
$1.22 B |
$1.38 B |
$1.57 B |
$2.23 B |
| Interest Expense |
$733.30 M |
$952.00 M |
$815.10 M |
$717.70 M |
$753.20 M |
$1.10 B |
$1.09 B |
$1.14 B |
$2.90 B |
$2.79 B |
| Depreciation &
Amortization |
$327.40 M
|
$308.60 M
|
$311.10 M
|
$392.60 M
|
$700.00 M
|
$653.70 M
|
$882.00 M
|
$705.50 M
|
$1.99 B
|
$752.00 M
|
| EBITDA |
$357.30 M
|
$1.89 B
|
$1.74 B
|
$1.51 B
|
$808.70 M
|
$2.33 B
|
$2.70 B
|
$2.61 B
|
$4.42 B
|
$3.73 B
|
| EBITDA Ratio |
0.15 |
0.83 |
0.73 |
0.61 |
0.35 |
0.85 |
1.06 |
1.09 |
4 |
1.84 |
| Operating Income Ratio
|
0.01
|
0.7
|
0.6
|
0.45
|
0.05
|
0.61
|
0.72
|
0.8
|
2.2
|
1.47
|
| Total Other
Income/Expenses Net |
-$733.30 M
|
-$952.50 M
|
-$790.10 M
|
-$926.50 M
|
-$87.80 M
|
-$1.09 B
|
-$1.14 B
|
-$1.13 B
|
-$2.89 B
|
-$2.79 B
|
| Income Before Tax |
-$703.40 M |
$623.90 M |
$637.00 M |
$191.60 M |
$20.90 M |
$578.50 M |
$680.80 M |
$774.10 M |
-$454.80 M |
$190.20 M |
| Income Before Tax Ratio
|
-0.3
|
0.28
|
0.27
|
0.08
|
0.01
|
0.21
|
0.27
|
0.32
|
-0.41
|
0.09
|
| Income Tax Expense |
-$88.10 M |
$94.50 M |
$164.90 M |
-$67.80 M |
$203.50 M |
-$488.40 M |
-$397.90 M |
$92.50 M |
$133.80 M |
$158.50 M |
| Net Income |
-$615.30 M |
$529.40 M |
$472.10 M |
$259.40 M |
-$182.60 M |
$1.07 B |
$1.08 B |
$681.60 M |
-$588.60 M |
$31.70 M |
| Net Income Ratio |
-0.26 |
0.23 |
0.2 |
0.1 |
-0.08 |
0.39 |
0.42 |
0.29 |
-0.53 |
0.02 |
| EPS |
-6.25 |
5.46 |
3.97 |
1.6 |
-0.9 |
5.75 |
5.72 |
3.4 |
-2.93 |
0.16 |
| EPS Diluted |
-6.25 |
5.46 |
3.97 |
1.58 |
-0.9 |
5.72 |
5.69 |
3.38 |
-2.93 |
0.16 |
| Weighted Average Shares
Out |
$98.41 M
|
$96.92 M
|
$118.78 M
|
$162.29 M
|
$201.85 M
|
$185.50 M
|
$188.49 M
|
$200.50 M
|
$200.89 M
|
$200.68 M
|
| Weighted Average Shares
Out Diluted |
$98.41 M
|
$96.92 M
|
$118.78 M
|
$163.95 M
|
$201.85 M
|
$186.39 M
|
$189.46 M
|
$201.70 M
|
$200.89 M
|
$200.82 M
|
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