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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