GreenSky

GreenSky EBIT

Delisted

The EBIT of GreenSky (GSKY) as of Nov 14, 2026 is 161.20 M USD. In the previous year, EBIT was 52.54 M USD — a change of 206.82% (higher).

EBIT

161.20 MUSD

YoY

206.82%

Last updated:

In 2021, GreenSky's EBIT was 161.20 M USD, a 206.82% increase from the 52.54 M USD EBIT recorded in the previous year.

The GreenSky EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT
Date
EBIT
Jan 1, 2018
152.79 M USD
Jan 1, 2019
138.76 M USD
Jan 1, 2020
52.54 M USD
Jan 1, 2021
161.20 M USD
Jan 1, 2022 (e)
166.48 M USD
Jan 1, 2023 (e)
202.82 M USD
Jan 1, 2024 (e)
226.28 M USD
Jan 1, 2025 (e)
257.50 M USD
The GreenSky EBIT history
YEAREBITYoY
est257.50 MUSD+13.80%
est226.28 MUSD+11.57%
est202.82 MUSD+21.83%
est166.48 MUSD+3.27%
161.20 MUSD+206.82%
52.54 MUSD-62.13%
138.76 MUSD-9.19%
152.79 MUSD+4.94%
145.60 MUSD+21.52%
119.81 MUSD+28.68%
93.11 MUSD+38.04%
67.45 MUSD—

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GreenSky Revenue

GreenSky Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
414.67 M USD
152.79 M USD
24.26 M USD
Jan 1, 2019
529.65 M USD
138.76 M USD
31.98 M USD
Jan 1, 2020
525.65 M USD
52.54 M USD
9.97 M USD
Jan 1, 2021
518.07 M USD
161.20 M USD
117.81 M USD
Jan 1, 2022 (e)
575.34 M USD
166.48 M USD
108.61 M USD
Jan 1, 2023 (e)
650.70 M USD
202.82 M USD
128.86 M USD
Jan 1, 2024 (e)
757.13 M USD
226.28 M USD
134.07 M USD
Jan 1, 2025 (e)
848.42 M USD
257.50 M USD
148.63 M USD

GreenSky Margins

GreenSky stock margins

The GreenSky margin analysis displays the gross margin, EBIT margin, as well as the profit margin of GreenSky. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for GreenSky.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
61.31 %
36.85 %
5.85 %
Jan 1, 2019
53.07 %
26.20 %
6.04 %
Jan 1, 2020
41.42 %
10.00 %
1.90 %
Jan 1, 2021
61.61 %
31.12 %
22.74 %
Jan 1, 2022 (e)
61.61 %
28.94 %
18.88 %
Jan 1, 2023 (e)
61.61 %
31.17 %
19.80 %
Jan 1, 2024 (e)
61.61 %
29.89 %
17.71 %
Jan 1, 2025 (e)
61.61 %
30.35 %
17.52 %

GreenSky Stock analysis

What does GreenSky do? GreenSky Inc. is a FinTech company that was founded in 2006 by David Zalik. Initially, it offered a mobile app that provided home improvement loans for renovations of residential and commercial properties in the construction industry. Over the years, GreenSky has expanded beyond this niche. GreenSky operates as a type of loan intermediary, enabling banks and financial institutions to issue loans. Customers of GreenSky can apply for loans through the company's website or mobile app. If approved, the customer can receive money into their bank account within minutes to hours. The company also specializes in home improvement and construction, offering various loan products such as loans for kitchen or bathroom renovations or financing for roof repairs. GreenSky partners with hundreds of banks and financial institutions to provide this service. It operates on a B2B2C (Business to Business to Customer) model, offering its services to both businesses and end customers. GreenSky has also developed a mobile app that allows merchants to offer credit and loan options directly to their customers. For example, a bathroom remodeling company can offer its customers a credit solution without the customer having to contact a bank or go to the financial institution in person. In recent years, GreenSky has expanded into other areas, including lending for the healthcare sector. Doctors and clinics can offer loans to facilitate financing for medical treatments or procedures that the patient may not be able to pay for immediately. In addition, GreenSky also offers bridge loans for small businesses. These are short-term loans that allow entrepreneurs to cover their operating expenses while waiting for incoming payments from customers. The company is headquartered in Atlanta, Georgia, and employs over 1,000 employees. It also has offices in Kentucky, Arizona, Ohio, and Michigan. In 2018, GreenSky went public and raised over $800 million in its initial public offering. The company's stock is traded on the NASDAQ under the ticker symbol GSKY. In recent years, GreenSky has had both enthusiastic fans and critics. Some customers appreciate the easy application process and quick approval and funding options, while others complain about high interest rates and hidden fees. Despite this criticism, GreenSky has redefined and revolutionized the lending industry. The company utilizes technology to make the loan process easier and faster for both lenders and borrowers. Its collaboration with hundreds of banks and financial institutions also provides more competition and thus better prices for consumers. Answer: GreenSky Inc. is a FinTech company that offers home improvement loans and other loan products through partnerships with banks and financial institutions. It operates as a loan intermediary, simplifying the application and funding process for customers. The company has expanded into various sectors, including healthcare and small business lending. With its headquarters in Atlanta, Georgia, GreenSky has offices across several states. It went public in 2018 and has faced both positive and negative feedback from customers. Despite criticism, GreenSky has transformed the lending industry through technology and competition. GreenSky is one of the most popular companies on Eulerpool.

EBIT Details

Analyzing GreenSky's EBIT

GreenSky's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of GreenSky's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

GreenSky's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in GreenSky’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about GreenSky stock

EBIT of GreenSky is 161.20 M USD in 2021.

EBIT of GreenSky changed from 52.54 M USD to 161.20 M USD, representing a 206.82% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EBIT GreenSky since 2006 – with annual values, charts, and detailed analysis.

"Earnings before interest and taxes", abbreviated as EBIT, is also referred to as the operating result of a company. It is a key figure that allows the profit to be assessed over a specific period of time, usually a fiscal year. Taxes and interest are not deducted from EBIT, making it suitable for international comparisons of different companies.

Net income
+ Tax expense
+ Interest expense and other financial expenses
- Interest income and other financial income
= EBIT (operating profit)

EBIT's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track EBIT's GreenSky historically and in real time.

The sales revenue is important for evaluating a stock.

EBIT is an acronym for "Earnings Before Interest and Tax" and represents a company's gross profit before taxes and interest are deducted. The EBIT amount is often used as a metric to evaluate a company.

History

The EBIT was originally introduced in the 1940s when the US Internal Revenue Service (IRS) passed a new tax law. This law required companies to calculate their profit before deducting taxes and interest on loans (or "interest and taxes"). Since then, the EBIT has been used as one of the key financial indicators in evaluating a company.

Usage

The EBIT can be used to assess a company by comparing its financial results to a benchmark or a comparative value. The EBIT is also used to determine how much the company's shareholders will receive from its operating income.

Calculation

EBIT is calculated by deducting taxes and interest on loans from the company's net profit. This amount can be calculated in various ways, but the most common method is as follows:

EBIT = Net profit + interest and taxes

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Net profit of XYZ Co. = $1,000,000
Interest and taxes = $ 500,000
EBIT of XYZ Co. = $1,500,000

Application

The EBIT value is often used to determine and evaluate the financial stability of a company. The EBIT value can also be used to determine how much money a company can spend on investments or dividends.

Use of EBIT in stock investment

Investors use EBIT to determine if a stock is over- or undervalued. If a company has a high EBIT value, it may indicate that its stock is overvalued, as the profit it generates could be lower than what it would generate with a different stock.

Advantages of EBIT

EBIT is a helpful measure for determining the financial stability of a company. There are several advantages associated with using EBIT, such as:
- EBIT eliminates the impact of financing on the company's earnings.
- It is a useful measure for determining the profits that a company can distribute to its shareholders.
- It can be used to determine whether a stock is overvalued or undervalued.

Disadvantages of EBIT

There are also some disadvantages to using EBIT, such as:
- EBIT cannot be used as the sole measure to evaluate a company as it does not reflect the overall profit of the company.
- EBIT can be influenced by unforeseen events such as a tax increase.
- EBIT is not always a reliable indicator of a company's future profit development.

Conclusion

The EBIT is an important measure used to evaluate a company. It can be used to determine how much money a company can generate from its operational results and whether a stock is overvalued or undervalued. However, the EBIT also has some disadvantages as it does not reflect the overall profitability of a company and can be influenced by unforeseen events. Therefore, it is important to consider the EBIT in conjunction with other financial indicators to obtain a complete picture of the company.

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Income Statement — GreenSky

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