Last $46.25 USD
Change Today +0.01 / 0.02%
Volume 1.1M
CIT On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for cit group inc (CIT)

Year over year, CIT Group Inc. has been able to grow revenues from $2.4B USD to $2.5B USD. Most impressively, the company has been able to reduce the percentage of sales devoted to income tax expense from 3.54% to -15.92%. This was a driver that led to a bottom line growth from $675.7M USD to $1.1B USD.
Currency in
Millions of US Dollars
As of:Dec 31
2011
Restated
Dec 31
2012
Restated
Dec 31
2013
Restated
Dec 31
2014
4 Year
Trend
TOTAL REVENUES1,853.91,307.52,500.12,539.3
GROSS PROFIT1,853.91,307.52,500.12,539.3
Selling General & Admin Expenses, Total633.1750.8800.4915.1
EBT, EXCLUDING UNUSUAL ITEMS395.3-216.4863.1816.4
Merger & Restructuring Charges-13.1-22.7-82.9-31.4
Other Unusual Items, Total-203.8-176.3-46.0-104.2
Insurance Settlements14.0------
Other Unusual Items-134.8-61.232.0-3.5
EBT, INCLUDING UNUSUAL ITEMS178.4-415.4734.2680.8
Income Tax Expense158.6116.783.9-397.9
Minority Interest in Earnings-5.0-3.7-5.9-1.2
Earnings from Continuing Operations19.8-532.1650.31,078.7
EARNINGS FROM DISCOUNTINUED OPERATIONS---56.531.352.5
NET INCOME14.8-592.3675.71,130.0
NET INCOME TO COMMON INCLUDING EXTRA ITEMS14.8-592.3675.71,130.0
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS14.8-535.8644.41,077.5
 

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