CIT Cit Group Inc

Price (delayed)

$52.7

Market cap

$5.22B

P/E Ratio

8.74

Dividend/share

$1.4

EPS

$6.03

Enterprise value

$9.47B

CIT Group Inc. is a financial holding company and bank holding company incorporated in Delaware and headquartered in New York City. CIT Bank, CIT's banking subsidiary, is headquartered in Pasadena, ...

Highlights
The EPS has surged by 110% since the previous quarter
CIT's net income has soared by 100% since the previous quarter

Key stats

What are the main financial stats of CIT
Market
Shares outstanding
99.14M
Market cap
$5.22B
Enterprise value
$9.47B
Valuations
Price to earnings (P/E)
8.74
Price to book (P/B)
0.86
Price to sales (P/S)
1.95
EV/EBIT
11.13
EV/EBITDA
7.98
EV/Sales
3.54
Earnings
Revenue
$2.68B
EBIT
$850.4M
EBITDA
$1.19B
Free cash flow
$457.6M
Per share
EPS
$6.03
Free cash flow per share
$4.62
Book value per share
$60.93
Revenue per share
$27
TBVPS
$551.95
Balance sheet
Total assets
$54.7B
Total liabilities
$48.67B
Debt
$4.24B
Equity
$6.04B
Working capital
N/A
Liquidity
Debt to equity
0.7
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.58
Margins
EBITDA margin
44.3%
Gross margin
100%
Net margin
23.4%
Operating margin
31.8%
Efficiency
Return on assets
1%
Return on equity
10.2%
Return on invested capital
1.4%
Return on capital employed
N/A
Return on sales
31.8%
Dividend
Dividend yield
2.66%
DPS
$1.4
Payout ratio
23.2%

CIT stock price

How has the Cit Group stock price performed over time
Intraday
-0.15%
1 week
-0.6%
1 month
3.25%
1 year
166.97%
YTD
46.8%
QTD
1.44%

Financial performance

How have Cit Group's revenue and profit performed over time
Revenue
$2.68B
Gross profit
$2.68B
Operating income
$850.6M
Net income
$625M
Gross margin
100%
Net margin
23.4%
Cit Group's operating margin has soared by 185% YoY and by 94% from the previous quarter
The company's net margin has surged by 183% YoY and by 73% QoQ
The company's operating income has surged by 125% QoQ
CIT's net income has soared by 100% since the previous quarter

Growth

What is Cit Group's growth rate over time

Valuation

What is Cit Group stock price valuation
P/E
8.74
P/B
0.86
P/S
1.95
EV/EBIT
11.13
EV/EBITDA
7.98
EV/Sales
3.54
The EPS has surged by 110% since the previous quarter
The P/B is 23% above the last 4 quarters average of 0.7 and 8% above the 5-year quarterly average of 0.8
Cit Group's equity has increased by 5% YoY and by 3.8% QoQ
The revenue has surged by 74% year-on-year and by 16% since the previous quarter
The price to sales (P/S) is 19% lower than the 5-year quarterly average of 2.4 but 2.6% higher than the last 4 quarters average of 1.9

Efficiency

How efficient is Cit Group business performance
The return on sales has surged by 188% year-on-year and by 87% since the previous quarter
The company's return on invested capital has surged by 133% QoQ
CIT's return on equity has surged by 108% since the previous quarter
The ROA has soared by 100% from the previous quarter

Dividends

What is CIT's dividend history
DPS
$1.4
Dividend yield
2.66%
Payout ratio
23.2%
Recent dividends

Financial health

How did Cit Group financials performed over time
The total assets is 12% more than the total liabilities
Cit Group's total liabilities has decreased by 13% YoY and by 3.1% from the previous quarter
The total assets has contracted by 11% YoY and by 2.4% from the previous quarter
The company's debt is 30% lower than its equity
The company's debt to equity fell by 47% YoY and by 16% QoQ
The company's debt fell by 44% YoY and by 12% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.