Citigroup Inc Financials
This page shows Citigroup Inc (C) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Citigroup Inc's revenue grew a modest 3.4% year-over-year to $81.1B. This slow but positive growth earns a score of 38/100.
Citigroup Inc has a moderate D/E ratio of 1.38. This balance of debt and equity financing earns a leverage score of 60/100.
While Citigroup Inc generated -$19.7B in operating cash flow, capex of $6.5B consumed most of it, leaving -$26.2B in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Citigroup Inc generates a 6.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 24/100. This is up from 4.5% the prior year.
Citigroup Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Citigroup Inc generates $-1.55 in operating cash flow (-$19.7B OCF vs $12.7B net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Citigroup Inc generated $81.1B in revenue in fiscal year 2024. This represents an increase of 3.4% from the prior year.
Citigroup Inc generated -$26.2B in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 67.3% from the prior year.
Citigroup Inc reported $12.7B in net income in fiscal year 2024. This represents an increase of 37.4% from the prior year.
Citigroup Inc earned $5.94 per diluted share (EPS) in fiscal year 2024. This represents an increase of 47.0% from the prior year.
Citigroup Inc held $276.5B in cash against $287.3B in long-term debt as of fiscal year 2024.
Citigroup Inc had 1.88B shares outstanding in fiscal year 2024. This represents a decrease of 1.4% from the prior year.
Citigroup Inc's net profit margin was 15.6% in fiscal year 2024, showing the share of revenue converted to profit. This is up 3.9 percentage points from the prior year.
Citigroup Inc's ROE was 6.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 1.6 percentage points from the prior year.
Citigroup Inc spent $2.5B on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 25.1% from the prior year.
Citigroup Inc invested $6.5B in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 1.3% from the prior year.
C Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.1B+1.9% | $21.7B+0.3% | $21.6B+8.6% | $19.9B-0.7% | $20.0B-4.7% | $21.0B+20.5% | $17.4B-13.4% | $20.1B |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $21.8B+5.2% | $20.7B+5.2% | $19.7B-7.8% | $21.3B-5.2% | $22.5B-1.0% | $22.7B+0.7% | $22.6B+7.4% | $21.0B |
| Income Tax | $1.6B+31.5% | $1.2B-11.5% | $1.3B+46.9% | $912.0M-12.9% | $1.0B-7.8% | $1.1B+483.8% | -$296.0M-124.6% | $1.2B |
| Net Income | $3.8B-6.6% | $4.0B-1.1% | $4.1B+42.3% | $2.9B-11.2% | $3.2B-4.6% | $3.4B+283.3% | -$1.8B-151.9% | $3.5B |
| EPS (Diluted) | $1.86-5.1% | $1.960.0% | $1.96+47.4% | $1.33-12.5% | $1.52-3.8% | $1.58+242.3% | $-1.11-168.1% | $1.63 |
C Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.6T+0.8% | $2.6T+2.0% | $2.6T+9.3% | $2.4T-2.2% | $2.4T-1.1% | $2.4T+0.9% | $2.4T+1.8% | $2.4T |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $348.1B+3.1% | $337.5B+9.5% | $308.3B+11.5% | $276.5B+12.4% | $246.1B-9.8% | $272.7B+4.5% | $260.9B+2.7% | $254.0B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $19.1B-3.8% | $19.9B+2.3% | $19.4B+0.6% | $19.3B-2.1% | $19.7B-1.7% | $20.0B-0.3% | $20.1B+1.4% | $19.8B |
| Total Liabilities | $2.4T+0.8% | $2.4T+2.1% | $2.4T+10.0% | $2.1T-2.4% | $2.2T-1.3% | $2.2T+0.9% | $2.2T+2.2% | $2.2T |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $315.8B-0.6% | $317.8B+7.5% | $295.7B+2.9% | $287.3B+2.5% | $280.3B-1.8% | $285.5B-0.4% | $286.6B+3.9% | $275.8B |
| Total Equity | $213.0B-0.1% | $213.2B+0.4% | $212.4B+1.8% | $208.6B+0.1% | $208.3B+0.8% | $206.6B+0.6% | $205.5B-1.9% | $209.5B |
| Retained Earnings | $214.0B+1.1% | $211.7B+1.3% | $209.0B+1.3% | $206.3B+1.7% | $202.9B+1.0% | $201.0B+1.0% | $198.9B-1.6% | $202.1B |
C Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.1B+103.0% | -$36.6B+37.7% | -$58.7B-336.8% | $24.8B+246.2% | -$17.0B-56.6% | -$10.8B-132.1% | -$4.7B-129.5% | $15.8B |
| Capital Expenditures | $1.6B-7.9% | $1.8B+15.7% | $1.5B-10.1% | $1.7B+2.7% | $1.6B+2.3% | $1.6B-9.0% | $1.8B+4.3% | $1.7B |
| Free Cash Flow | -$517.0M+98.7% | -$38.3B+36.3% | -$60.2B-360.6% | $23.1B+224.2% | -$18.6B-49.6% | -$12.4B-93.4% | -$6.4B-145.6% | $14.1B |
| Investing Cash Flow | -$10.0B-120.0% | $50.0B+150.5% | -$99.0B-1377.4% | $7.7B-36.8% | $12.3B-17.3% | $14.8B+138.6% | -$38.5B-202.6% | -$12.7B |
| Financing Cash Flow | $20.7B+191.8% | $7.1B-96.2% | $185.0B+491.0% | -$47.3B-152.4% | -$18.7B-251.7% | $12.4B-73.0% | $45.7B+204.0% | -$44.0B |
| Dividends Paid | $1.4B+3.2% | $1.3B+0.4% | $1.3B+0.7% | $1.3B+5.0% | $1.3B-3.0% | $1.3B-1.7% | $1.3B-2.9% | $1.4B |
| Share Buybacks | $5.0B+150.1% | $2.0B+14.2% | $1.8B+80.9% | $968.0M+772.1% | $111.0M-73.1% | $413.0M-24.6% | $548.0M+27.7% | $429.0M |
C Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 17.0%-1.6pp | 18.6%-0.3pp | 18.8%+4.5pp | 14.4%-1.7pp | 16.1%+0.0pp | 16.0%+26.6pp | -10.5%-28.1pp | 17.6% |
| Return on Equity | 1.8%-0.1pp | 1.9%-0.0pp | 1.9%+0.5pp | 1.4%-0.2pp | 1.5%-0.1pp | 1.6% | N/A | 1.7% |
| Return on Assets | 0.1%-0.0pp | 0.1%-0.0pp | 0.2%+0.0pp | 0.1%-0.0pp | 0.1%-0.0pp | 0.1%+0.2pp | -0.1%-0.2pp | 0.1% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 1.480.0 | 1.49+0.1 | 1.39+0.0 | 1.38+0.0 | 1.35-0.0 | 1.38-0.0 | 1.40+0.1 | 1.32 |
| FCF Margin | -2.3%+174.6pp | -176.9%+101.9pp | -278.9%-395.1pp | 116.2%+209.1pp | -92.9%-33.7pp | -59.2%-22.3pp | -36.9%-106.9pp | 70.0% |
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Frequently Asked Questions
What is Citigroup Inc's annual revenue?
Citigroup Inc (C) reported $81.1B in total revenue for fiscal year 2024. This represents a 3.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Citigroup Inc's revenue growing?
Citigroup Inc (C) revenue grew by 3.4% year-over-year, from $78.5B to $81.1B in fiscal year 2024.
Is Citigroup Inc profitable?
Yes, Citigroup Inc (C) reported a net income of $12.7B in fiscal year 2024, with a net profit margin of 15.6%.
What is Citigroup Inc's earnings per share (EPS)?
Citigroup Inc (C) reported diluted earnings per share of $5.94 for fiscal year 2024. This represents a 47.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Citigroup Inc have?
As of fiscal year 2024, Citigroup Inc (C) had $276.5B in cash and equivalents against $287.3B in long-term debt.
What is Citigroup Inc's net profit margin?
Citigroup Inc (C) had a net profit margin of 15.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Citigroup Inc's return on equity (ROE)?
Citigroup Inc (C) has a return on equity of 6.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Citigroup Inc's free cash flow?
Citigroup Inc (C) generated -$26.2B in free cash flow during fiscal year 2024. This represents a 67.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Citigroup Inc's operating cash flow?
Citigroup Inc (C) generated -$19.7B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Citigroup Inc's total assets?
Citigroup Inc (C) had $2.4T in total assets as of fiscal year 2024, including both current and long-term assets.
What are Citigroup Inc's capital expenditures?
Citigroup Inc (C) invested $6.5B in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Citigroup Inc buy back shares?
Yes, Citigroup Inc (C) spent $2.5B on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Citigroup Inc have outstanding?
Citigroup Inc (C) had 1.88B shares outstanding as of fiscal year 2024.
What is Citigroup Inc's debt-to-equity ratio?
Citigroup Inc (C) had a debt-to-equity ratio of 1.38 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Citigroup Inc's return on assets (ROA)?
Citigroup Inc (C) had a return on assets of 0.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Citigroup Inc's cash runway?
Based on fiscal year 2024 data, Citigroup Inc (C) had $276.5B in cash against an annual operating cash burn of $19.7B. This gives an estimated cash runway of approximately 169 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Citigroup Inc's Piotroski F-Score?
Citigroup Inc (C) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Citigroup Inc's earnings high quality?
Citigroup Inc (C) has an earnings quality ratio of -1.55x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Citigroup Inc?
Citigroup Inc (C) scores 31 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.