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Full Truck Alliance (YMM) Financials

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$12.08 +0.25 (+2.07%)
Closing price 05/6/2025 03:59 PM Eastern
Extended Trading
$12.14 +0.05 (+0.41%)
As of 08:00 AM Eastern
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Annual Income Statements for Full Truck Alliance

Annual Income Statements for Full Truck Alliance

This table shows Full Truck Alliance's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
-219 -552 -655 59 312 421
Consolidated Net Income / (Loss)
-219 -534 -573 60 314 428
Net Income / (Loss) Continuing Operations
-221 -534 -573 60 314 428
Total Pre-Tax Income
-223 -531 -571 74 329 461
Total Operating Income
-147 -556 -596 -23 140 339
Total Gross Profit
156 195 332 467 575 841
Total Revenue
355 397 731 976 1,188 1,540
Operating Revenue
355 397 731 976 1,188 1,540
Total Cost of Revenue
200 202 399 510 613 699
Operating Cost of Revenue
200 202 399 510 580 699
Total Operating Expenses
302 750 928 490 435 502
Selling, General & Admin Expense
171 606 670 206 132 125
Marketing Expense
58 70 131 131 175 219
Research & Development Expense
57 64 115 133 133 121
Other Operating Expenses / (Income)
16 11 12 21 -5.41 37
Total Other Income / (Expense), net
-77 25 24 97 188 122
Interest Expense
5.74 1.29 0.01 0.03 0.00 0.00
Interest & Investment Income
33 31 39 70 168 154
Other Income / (Expense), net
-104 -4.73 -15 26 20 -33
Income Tax Expense
-2.11 2.97 2.23 14 15 33
Net Income / (Loss) Attributable to Noncontrolling Interest
-0.00 -0.00 -0.01 0.08 -0.18 7.34
Basic Earnings per Share
($0.46) ($1.05) ($0.31) $0.02 $0.10 $0.02
Weighted Average Basic Shares Outstanding
3.30B 3.42B 13.45B 21.52B 21.11B 20.82B
Diluted Earnings per Share
($0.46) ($1.05) ($0.31) $0.02 $0.10 $0.02
Weighted Average Diluted Shares Outstanding
3.30B 3.42B 13.45B 21.58B 21.16B 20.90B
Weighted Average Basic & Diluted Shares Outstanding
- - 22.11B 21.41B 21.07B 20.92B

Quarterly Income Statements for Full Truck Alliance

No quarterly income statements for Full Truck Alliance are available.


Annual Cash Flow Statements for Full Truck Alliance

This table details how cash moves in and out of Full Truck Alliance's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
-374 955 -896 114 233 -133
Net Cash From Operating Activities
-133 88 -33 -2.25 320 407
Net Cash From Continuing Operating Activities
-133 88 -33 -2.25 320 407
Net Income / (Loss) Continuing Operations
-219 -534 -573 60 314 428
Consolidated Net Income / (Loss)
-219 -534 -573 60 314 428
Depreciation Expense
10 9.79 11 13 11 11
Non-Cash Adjustments To Reconcile Net Income
195 565 633 183 108 166
Changes in Operating Assets and Liabilities, net
-119 47 -104 -258 -112 -198
Net Cash From Investing Activities
-487 -414 -2,260 309 78 -331
Net Cash From Continuing Investing Activities
-487 -414 -2,260 309 78 -331
Purchase of Property, Plant & Equipment
-1.50 -8.16 -6.78 -12 -14 -10
Acquisitions
-31 -8.03 -38 -11 0.00 0.00
Purchase of Investments
-910 -1,442 -3,802 -12,267 -2,950 -1,979
Sale of Property, Plant & Equipment
0.30 3.29 1.12 0.11 0.20 0.09
Sale and/or Maturity of Investments
456 1,017 1,584 12,599 3,042 1,677
Other Investing Activities, net
-0.57 24 1.87 0.00 0.00 -19
Net Cash From Financing Activities
243 1,280 1,397 -193 -164 -208
Net Cash From Continuing Financing Activities
243 1,280 1,397 -193 -164 -208
Repayment of Debt
-177 -77 0.00 -1.30 0.00 0.00
Repurchase of Preferred Equity
-55 -86 -347 -128 -165 -67
Repurchase of Common Equity
0.00 0.00 -59 -74 -29 -12
Payment of Dividends
- - - - - -146
Issuance of Common Equity
0.00 0.00 1,747 0.00 0.85 0.00
Other Financing Activities, net
60 -261 -4.92 10 28 16
Cash Interest Paid
5.73 1.39 0.01 0.03 0.00 0.00
Cash Income Taxes Paid
0.75 2.52 7.79 16 18 15

Quarterly Cash Flow Statements for Full Truck Alliance

No quarterly cash flow statements for Full Truck Alliance are available.


Annual Balance Sheets for Full Truck Alliance

This table presents Full Truck Alliance's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets
3,866 5,398 5,320 5,542 5,656
Total Current Assets
3,181 4,535 4,495 3,380 3,734
Cash & Equivalents
1,547 672 745 954 796
Restricted Cash
13 10 12 16 14
Short-Term Investments
1,343 3,395 3,057 1,622 2,055
Note & Lease Receivable
202 279 384 496 575
Accounts Receivable
5.34 5.68 1.89 3.30 2.69
Prepaid Expenses
70 173 295 289 291
Plant, Property, & Equipment, net
6.00 16 16 27 40
Total Noncurrent Assets
678 847 810 2,135 1,883
Long-Term Investments
135 263 257 1,560 1,353
Goodwill
441 490 453 440 428
Intangible Assets
76 87 73 63 54
Noncurrent Deferred & Refundable Income Taxes
2.92 3.22 6.02 21 13
Other Noncurrent Operating Assets
25 2.72 20 50 35
Total Liabilities & Shareholders' Equity
3,866 5,398 5,320 5,542 5,656
Total Liabilities
320 450 419 486 432
Total Current Liabilities
302 429 396 461 414
Accounts Payable
3.67 33 4.05 3.55 4.28
Accrued Expenses
145 189 189 243 156
Current Deferred & Payable Income Tax Liabilities
3.99 4.95 7.57 22 46
Other Taxes Payable
69 140 105 111 123
Other Current Liabilities
- 0.00 24 5.32 84
Total Noncurrent Liabilities
18 21 23 25 18
Noncurrent Deferred & Payable Income Tax Liabilities
18 21 18 15 13
Other Noncurrent Operating Liabilities
- 0.00 5.21 9.81 4.98
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
5,052 0.00 22 39 61
Total Equity & Noncontrolling Interests
-1,305 4,948 4,880 5,017 5,164
Total Preferred & Common Equity
-1,305 4,948 4,880 5,017 5,162
Total Common Equity
-1,305 4,948 4,880 5,015 5,164
Common Stock
586 7,728 6,924 6,721 6,278
Retained Earnings
-2,056 -2,671 -2,409 -2,028 -1,558
Treasury Stock
- - 0.00 -86 0.00
Accumulated Other Comprehensive Income / (Loss)
165 85 364 408 442
Other Equity Adjustments
- -194 0.00 - 2.11

Quarterly Balance Sheets for Full Truck Alliance

No quarterly balance sheets for Full Truck Alliance are available.


Annual Metrics and Ratios for Full Truck Alliance

This table displays calculated financial ratios and metrics derived from Full Truck Alliance's official financial filings.

Metric 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - - - - -
Revenue Growth
0.00% 11.79% 84.10% 33.59% 21.71% 29.58%
EBITDA Growth
0.00% -129.31% -8.94% 102.62% 984.96% 85.63%
EBIT Growth
0.00% -123.92% -8.93% 100.48% 5,351.66% 91.16%
NOPAT Growth
0.00% -279.40% -7.14% 95.43% 803.81% 134.93%
Net Income Growth
0.00% -144.00% -7.44% 110.41% 425.25% 36.42%
EPS Growth
0.00% -128.26% 70.48% 106.45% 400.00% 45.39%
Operating Cash Flow Growth
0.00% 166.64% -137.53% 93.22% 14,306.50% 27.29%
Free Cash Flow Firm Growth
0.00% 0.00% 47.61% 50.43% 125.03% 251.99%
Invested Capital Growth
0.00% 0.00% 12.84% 36.50% 8.88% 11.35%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - -
Gross Margin
43.80% 49.01% 45.46% 47.81% 48.39% 54.62%
EBITDA Margin
-67.66% -138.78% -82.12% 1.61% 14.38% 20.60%
Operating Margin
-41.27% -140.06% -81.51% -2.41% 11.82% 22.02%
EBIT Margin
-70.52% -141.25% -83.57% 0.30% 13.50% 19.91%
Profit (Net Income) Margin
-61.61% -134.47% -78.47% 6.12% 26.40% 27.79%
Tax Burden Percent
97.90% 100.55% 100.39% 81.09% 95.42% 92.88%
Interest Burden Percent
89.24% 94.69% 93.54% 2,503.75% 205.00% 150.30%
Effective Tax Rate
0.00% 0.00% 0.00% 18.91% 4.58% 7.12%
Return on Invested Capital (ROIC)
0.00% -144.45% -72.71% -2.65% 15.46% 32.98%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% -135.43% -68.57% -4.52% 11.10% 30.28%
Return on Net Nonoperating Assets (RNNOA)
0.00% 115.96% 59.52% 3.86% -9.16% -24.65%
Return on Equity (ROE)
0.00% -28.49% -13.19% 1.21% 6.30% 8.32%
Cash Return on Invested Capital (CROIC)
0.00% -344.45% -84.78% -33.52% 6.96% 22.24%
Operating Return on Assets (OROA)
0.00% -14.50% -13.19% 0.05% 2.95% 5.47%
Return on Assets (ROA)
0.00% -13.81% -12.38% 1.11% 5.78% 7.64%
Return on Common Equity (ROCE)
0.00% 9.92% -5.53% 1.21% 6.26% 8.24%
Return on Equity Simple (ROE_SIMPLE)
0.00% 40.91% -11.59% 1.22% 6.25% 8.29%
Net Operating Profit after Tax (NOPAT)
-103 -389 -417 -19 134 315
NOPAT Margin
-28.89% -98.04% -57.06% -1.95% 11.28% 20.45%
Net Nonoperating Expense Percent (NNEP)
0.00% -9.02% -4.15% 1.87% 4.37% 2.70%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - 6.10%
Cost of Revenue to Revenue
56.20% 50.99% 54.54% 52.19% 51.61% 45.38%
SG&A Expenses to Revenue
48.10% 152.61% 91.71% 21.06% 11.12% 8.13%
R&D to Revenue
16.04% 16.02% 15.67% 13.58% 11.22% 7.83%
Operating Expenses to Revenue
85.07% 189.06% 126.97% 50.21% 36.57% 32.59%
Earnings before Interest and Taxes (EBIT)
-250 -561 -611 2.94 160 307
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-240 -551 -600 16 171 317
Valuation Ratios
- - - - - -
Price to Book Value (P/BV)
0.00 0.00 1.37 1.78 1.47 2.19
Price to Tangible Book Value (P/TBV)
0.00 0.00 1.55 1.99 1.63 2.41
Price to Revenue (P/Rev)
51.12 45.72 9.27 8.89 6.19 7.34
Price to Earnings (P/E)
0.00 0.00 0.00 147.10 23.61 26.87
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 1.35%
Earnings Yield
0.00% 0.00% 0.00% 0.68% 4.24% 3.72%
Enterprise Value to Invested Capital (EV/IC)
0.00 37.56 4.00 5.57 3.59 7.10
Enterprise Value to Revenue (EV/Rev)
0.00 50.99 3.33 4.74 2.73 4.64
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 293.68 19.00 22.52
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 1,572.55 20.24 23.31
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 24.21 22.69
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 228.97 0.00 0.00 10.15 17.56
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 53.81 33.65
Leverage & Solvency
- - - - - -
Debt to Equity
0.00 0.02 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
0.00 -0.86 -0.87 -0.85 -0.83 -0.81
Leverage Ratio
0.00 1.03 1.07 1.09 1.09 1.09
Compound Leverage Factor
0.00 0.98 1.00 27.25 2.24 1.64
Debt to Total Capital
0.00% 2.01% 0.03% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 2.01% 0.03% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 132.11% 0.00% 0.44% 0.77% 1.16%
Common Equity to Total Capital
0.00% -34.12% 99.97% 99.56% 99.19% 98.84%
Debt to EBITDA
0.00 -0.14 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 5.38 7.23 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 -0.20 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 7.61 10.41 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
0.00 33.80 9.01 12.90 9.51 16.47
Noncontrolling Interest Sharing Ratio
0.00% 134.82% 58.10% 0.22% 0.63% 0.97%
Liquidity Ratios
- - - - - -
Current Ratio
0.00 10.54 10.57 11.35 7.33 9.03
Quick Ratio
0.00 10.26 10.14 10.57 6.67 8.29
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -928 -486 -241 60 212
Operating Cash Flow to CapEx
-11,065.46% 1,815.30% -586.27% -18.27% 2,293.87% 3,997.91%
Free Cash Flow to Firm to Interest Expense
0.00 -721.11 -77,452.93 -9,498.08 0.00 0.00
Operating Cash Flow to Interest Expense
-23.10 68.69 -5,285.37 -88.68 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
-23.31 64.91 -6,186.90 -574.11 0.00 0.00
Efficiency Ratios
- - - - - -
Asset Turnover
0.00 0.10 0.16 0.18 0.22 0.28
Accounts Receivable Turnover
0.00 74.31 132.58 257.94 458.29 514.13
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 66.20 66.35 61.38 55.03 45.90
Accounts Payable Turnover
0.00 55.20 21.84 27.63 161.26 178.48
Days Sales Outstanding (DSO)
0.00 4.91 2.75 1.42 0.80 0.71
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 6.61 16.71 13.21 2.26 2.05
Cash Conversion Cycle (CCC)
0.00 -1.70 -13.96 -11.80 -1.47 -1.34
Capital & Investment Metrics
- - - - - -
Invested Capital
0.00 539 608 830 904 1,006
Invested Capital Turnover
0.00 1.47 1.27 1.36 1.37 1.61
Increase / (Decrease) in Invested Capital
0.00 539 69 222 74 103
Enterprise Value (EV)
0.00 20,241 2,433 4,625 3,246 7,145
Market Capitalization
18,150 18,150 6,772 8,675 7,359 11,302
Book Value per Share
$0.00 ($0.38) $0.37 $0.22 $0.23 $0.25
Tangible Book Value per Share
$0.00 ($0.53) $0.33 $0.20 $0.21 $0.22
Total Capital
0.00 3,824 4,949 4,902 5,056 5,224
Total Debt
0.00 77 1.41 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
0.00 -2,961 -4,340 -4,072 -4,152 -4,218
Capital Expenditures (CapEx)
1.20 4.87 5.66 12 14 10
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 53 30 285 327 455
Debt-free Net Working Capital (DFNWC)
0.00 2,956 4,107 4,099 2,919 3,320
Net Working Capital (NWC)
0.00 2,879 4,106 4,099 2,919 3,320
Net Nonoperating Expense (NNE)
116 145 157 -79 -180 -113
Net Nonoperating Obligations (NNO)
0.00 -3,208 -4,340 -4,072 -4,152 -4,218
Total Depreciation and Amortization (D&A)
10 9.79 11 13 11 11
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 13.30% 4.05% 29.17% 27.50% 29.56%
Debt-free Net Working Capital to Revenue
0.00% 744.76% 562.02% 419.87% 245.64% 215.65%
Net Working Capital to Revenue
0.00% 725.39% 561.83% 419.87% 245.64% 215.65%
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($0.31) $0.02 $0.10 $0.02
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 13.45B 21.52B 21.11B 20.82B
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($0.31) $0.02 $0.10 $0.02
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 13.45B 21.58B 21.16B 20.90B
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 ($0.31) $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 22.11B 21.41B 21.07B 20.92B
Normalized Net Operating Profit after Tax (NOPAT)
-103 -389 -417 -19 134 315
Normalized NOPAT Margin
-28.89% -98.04% -57.06% -1.95% 11.28% 20.45%
Pre Tax Income Margin
-62.93% -133.74% -78.17% 7.54% 27.67% 29.92%
Debt Service Ratios
- - - - - -
EBIT to Interest Expense
-43.60 -435.68 -97,296.63 115.92 0.00 0.00
NOPAT to Interest Expense
-17.86 -302.41 -66,427.66 -750.69 0.00 0.00
EBIT Less CapEx to Interest Expense
-43.81 -439.46 -98,198.16 -369.50 0.00 0.00
NOPAT Less CapEx to Interest Expense
-18.07 -306.19 -67,329.19 -1,236.11 0.00 0.00
Payout Ratios
- - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 34.07%
Augmented Payout Ratio
0.00% 0.00% -10.31% 123.33% 9.27% 36.82%

Quarterly Metrics and Ratios for Full Truck Alliance

No quarterly metrics and ratios for Full Truck Alliance are available.


Frequently Asked Questions About Full Truck Alliance's Financials

When does Full Truck Alliance's financial year end?

According to the most recent income statement we have on file, Full Truck Alliance's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Full Truck Alliance's net income changed over the last 5 years?

Full Truck Alliance's net income appears to be on a downward trend, with a most recent value of $427.91 million in 2024, falling from -$218.76 million in 2019. The previous period was $313.68 million in 2023. See where experts think Full Truck Alliance is headed by visiting Full Truck Alliance's forecast page.

What is Full Truck Alliance's operating income?
Full Truck Alliance's total operating income in 2024 was $339.07 million, based on the following breakdown:
  • Total Gross Profit: $840.91 million
  • Total Operating Expenses: $501.84 million
How has Full Truck Alliance revenue changed over the last 5 years?

Over the last 5 years, Full Truck Alliance's total revenue changed from $355.07 million in 2019 to $1.54 billion in 2024, a change of 333.6%.

How much debt does Full Truck Alliance have?

Full Truck Alliance's total liabilities were at $431.81 million at the end of 2024, a 11.2% decrease from 2023, and a 34.9% increase since 2020.

How much cash does Full Truck Alliance have?

In the past 4 years, Full Truck Alliance's cash and equivalents has ranged from $672.30 million in 2021 to $1.55 billion in 2020, and is currently $796.01 million as of their latest financial filing in 2024.

How has Full Truck Alliance's book value per share changed over the last 5 years?

Over the last 5 years, Full Truck Alliance's book value per share changed from 0.00 in 2019 to 0.25 in 2024, a change of 24.5%.



This page (NYSE:YMM) was last updated on 5/7/2025 by MarketBeat.com Staff
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