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Full Truck Alliance (YMM) Financials

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$12.03 +0.25 (+2.12%)
Closing price 03:59 PM Eastern
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$11.98 -0.05 (-0.42%)
As of 06:10 PM 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 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Net Income / (Loss) Attributable to Common Shareholders
421 312 59 -655 -552 -219
Consolidated Net Income / (Loss)
428 314 60 -573 -534 -219
Net Income / (Loss) Continuing Operations
428 314 60 -573 -534 -221
Total Pre-Tax Income
461 329 74 -571 -531 -223
Total Operating Income
339 140 -23 -596 -556 -147
Total Gross Profit
841 575 467 332 195 156
Total Revenue
1,540 1,188 976 731 397 355
Operating Revenue
1,540 1,188 976 731 397 355
Total Cost of Revenue
699 613 510 399 202 200
Operating Cost of Revenue
699 580 510 399 202 200
Total Operating Expenses
502 435 490 928 750 302
Selling, General & Admin Expense
125 132 206 670 606 171
Marketing Expense
219 175 131 131 70 58
Research & Development Expense
121 133 133 115 64 57
Other Operating Expenses / (Income)
37 -5.41 21 12 11 16
Total Other Income / (Expense), net
122 188 97 24 25 -77
Interest Expense
0.00 0.00 0.03 0.01 1.29 5.74
Interest & Investment Income
154 168 70 39 31 33
Other Income / (Expense), net
-33 20 26 -15 -4.73 -104
Income Tax Expense
33 15 14 2.23 2.97 -2.11
Net Income / (Loss) Attributable to Noncontrolling Interest
7.34 -0.18 0.08 -0.01 -0.00 -0.00
Basic Earnings per Share
$0.02 $0.10 $0.02 ($0.31) ($1.05) ($0.46)
Weighted Average Basic Shares Outstanding
20.82B 21.11B 21.52B 13.45B 3.42B 3.30B
Diluted Earnings per Share
$0.02 $0.10 $0.02 ($0.31) ($1.05) ($0.46)
Weighted Average Diluted Shares Outstanding
20.90B 21.16B 21.58B 13.45B 3.42B 3.30B
Weighted Average Basic & Diluted Shares Outstanding
20.92B 21.07B 21.41B 22.11B - -

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

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

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

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. Check out Full Truck Alliance's forecast to explore projected trends and price targets.

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 5/28/2025 by MarketBeat.com Staff
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