Citigroup Inc. (C) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Diversified
EV/EBITDA
↑
27.39
↑+46% vs avg
5yr avg: 18.76
30Y Low10.7·High46.8
P/FCF
↑
11.96
↑+109% vs avg
5yr avg: 5.74
30Y Low0.4·High26.6
P/B Ratio
↑
1.25
↑+95% vs avg
5yr avg: 0.64
30Y Low0.3·High3.8
ROE
↓
6.7%
-5% vs avg
5yr avg: 7.1%
30Y Low-22%·High41%
Debt/EBITDA
↑
30.99
+18% vs avg
5yr avg: 26.15
30Y Low10.3·High48.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
C Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Citigroup Inc. trades at 20.5x earnings, 91% above its 5-year average of 10.7x, sitting at the 93rd percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a premium of 51%. On a free-cash-flow basis, the stock trades at 12.0x P/FCF, 109% above the 5-year average of 5.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $266.5B | $217.3B | $133.8B | $100.6B | $88.8B | $123.8B | $129.4B | $181.0B | $129.9B | $200.8B | $171.7B |
| Enterprise Value | $632.7B | $583.6B | $447.9B | $441.9B | $268.0B | $335.4B | $320.5B | $447.2B | $383.9B | $457.7B | $389.9B |
| P/E Ratio → | 20.47 | 16.69 | 11.83 | 12.73 | 6.46 | 5.96 | 13.04 | 9.94 | 7.79 | — | 12.54 |
| P/S Ratio | 1.58 | 1.29 | 0.78 | 0.65 | 0.89 | 1.55 | 1.46 | 1.75 | 1.34 | 2.26 | 2.06 |
| P/B Ratio | 1.25 | 1.02 | 0.64 | 0.49 | 0.44 | 0.61 | 0.65 | 0.93 | 0.66 | 1.00 | 0.76 |
| P/FCF | 11.96 | 9.75 | — | — | 4.57 | 2.88 | — | — | 3.91 | — | 3.35 |
| P/OCF | 9.25 | 7.55 | — | — | 3.54 | 2.63 | — | — | 3.51 | — | 3.18 |
P/E links to full P/E history page with 30-year chart
C EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Citigroup Inc.'s enterprise value stands at 27.4x EBITDA, 46% above its 5-year average of 18.8x. The Financial Services sector median is 11.4x, placing the stock at a 140% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.47 | 2.62 | 2.84 | 2.67 | 4.20 | 3.61 | 4.32 | 3.95 | 5.15 | 4.68 |
| EV / EBITDA | 27.39 | 25.26 | 20.97 | 25.29 | 11.62 | 10.67 | 18.24 | 16.08 | 14.11 | 17.32 | 15.47 |
| EV / EBIT | 31.91 | 29.43 | 26.27 | 34.23 | 14.25 | 12.21 | 23.51 | 18.71 | 16.37 | 20.11 | 18.15 |
| EV / FCF | — | 26.19 | — | — | 13.79 | 7.80 | — | — | 11.57 | — | 7.62 |
C Profitability
Margins and return-on-capital ratios measuring operating efficiency
Citigroup Inc. earns an operating margin of 11.8%, below the Financial Services sector average of 20.3%. Operating margins have expanded from 8.3% to 11.8% over the past 3 years, signaling improving operational efficiency. ROE of 6.7% is modest, trailing the sector median of 9.0%. ROIC of 1.7% represents below-average returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.6% | 44.6% | 41.7% | 43.7% | 69.2% | 94.9% | 65.4% | 64.5% | 67.3% | 73.2% | 76.8% |
| Operating Margin | 11.8% | 11.8% | 10.0% | 8.3% | 18.8% | 34.4% | 15.3% | 23.1% | 24.1% | 25.6% | 25.8% |
| Net Profit Margin | 8.5% | 8.5% | 7.4% | 5.9% | 14.8% | 27.5% | 12.4% | 18.8% | 18.6% | -7.6% | 17.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.7% | 6.7% | 6.1% | 4.5% | 7.3% | 10.9% | 5.6% | 9.9% | 9.1% | -3.2% | 6.6% |
| ROA | 0.6% | 0.6% | 0.5% | 0.4% | 0.6% | 1.0% | 0.5% | 1.0% | 1.0% | -0.4% | 0.8% |
| ROIC | 1.7% | 1.7% | 1.6% | 1.3% | 2.0% | 3.0% | 1.5% | 2.8% | 2.8% | 2.7% | 2.7% |
| ROCE | 2.3% | 2.3% | 3.0% | 2.3% | 3.4% | 5.2% | 2.6% | 4.8% | 4.8% | 4.6% | 4.4% |
C Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Citigroup Inc. carries a Debt/EBITDA ratio of 31.0x, which is highly leveraged (627% above the sector average of 4.3x). Net debt stands at $366.2B ($715.8B total debt minus $349.6B cash). Interest coverage of just 0.2x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.35 | 3.35 | 2.82 | 2.92 | 2.58 | 2.34 | 2.50 | 2.37 | 2.24 | 2.17 | 1.67 |
| Debt / EBITDA | 30.99 | 30.99 | 27.65 | 34.47 | 22.59 | 15.07 | 28.50 | 16.55 | 16.25 | 16.56 | 15.03 |
| Net Debt / Equity | — | 1.71 | 1.50 | 1.65 | 0.89 | 1.04 | 0.95 | 1.37 | 1.29 | 1.27 | 0.96 |
| Net Debt / EBITDA | 15.86 | 15.86 | 14.70 | 19.53 | 7.76 | 6.73 | 10.88 | 9.57 | 9.34 | 9.72 | 8.66 |
| Debt / FCF | — | 16.44 | — | — | 9.22 | 4.92 | — | — | 7.66 | — | 4.26 |
| Interest Coverage | 0.24 | 0.24 | 0.19 | 0.16 | 0.73 | 3.44 | 1.02 | 0.84 | 0.97 | 1.38 | 1.72 |
C Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.48x is below 1.0, meaning current liabilities exceed current assets — though the company's $349.6B cash position helps mitigate short-term liquidity concerns. The current ratio has improved from 0.30x to 0.48x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.48 | 0.48 | 0.31 | 0.30 | 0.34 | 0.34 | 0.40 | 0.35 | 0.35 | 0.37 | 0.37 |
| Quick Ratio | 0.48 | 0.48 | 0.31 | 0.30 | 0.34 | 0.34 | 0.40 | 0.35 | 0.35 | 0.37 | 0.37 |
| Cash Ratio | 0.23 | 0.23 | 0.15 | 0.14 | 0.18 | 0.15 | 0.18 | 0.13 | 0.13 | 0.13 | 0.12 |
| Asset Turnover | — | 0.06 | 0.07 | 0.06 | 0.04 | 0.03 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
C Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Citigroup Inc. returns 8.9% to shareholders annually — split between a 2.0% dividend yield and 6.8% buyback yield. The payout ratio of 37.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 4.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.0% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 37.7% | 37.7% | 41.0% | 56.5% | 33.7% | 23.7% | 48.4% | 28.1% | 27.8% | — | 15.3% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.9% | 6.0% | 8.5% | 7.9% | 15.5% | 16.8% | 7.7% | 10.1% | 12.8% | — | 8.0% |
| FCF Yield | 8.4% | 10.3% | — | — | 21.9% | 34.7% | — | — | 25.5% | — | 29.8% |
| Buyback Yield | 6.8% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 8.9% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $1.9B | $1.9B | $2.0B | $2.0B | $2.0B | $2.1B | $2.3B | $2.5B | $2.7B | $2.9B |
Peer Comparison
Compare C with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CYou | $267B | 20.5 | 27.4 | 12.0 | 44.6% | 11.8% | 6.7% | 1.7% | 31.0 |
 JPM | $909B | 16.2 | 18.5 | 9.0 | 59.9% | 26.0% | 16.1% | 4.5% | 11.6 |
 BAC | $424B | 14.7 | 14.0 | 33.6 | 56.1% | 19.7% | 10.2% | 3.5% | 9.1 |
 WFC | $265B | 13.0 | 17.6 | — | 64.8% | 20.4% | 11.7% | 3.5% | 14.5 |
 GS | $348B | 21.4 | 33.0 | — | 47.5% | 17.5% | 13.9% | 2.2% | 25.4 |
 MS | $356B | 21.9 | 27.0 | 7.7 | 57.1% | 19.1% | 15.5% | 3.1% | 17.9 |
 USB | $90B | 12.6 | 11.8 | 11.4 | 62.8% | 22.2% | 12.2% | 5.2% | 7.6 |
 BK | $100B | 19.2 | 0.3 | 19.3 | 48.9% | 17.5% | 12.8% | 6.4% | 3.8 |
 STT | $49B | 17.9 | -12.3 | 11.3 | 61.4% | 16.5% | 11.1% | 4.7% | 7.0 |
 PNC | $91B | 14.0 | 12.7 | 9.7 | 71.7% | 27.1% | 12.1% | 5.4% | 6.7 |
 TFC | $62B | 12.7 | 13.5 | 10.8 | 62.2% | 20.9% | 8.2% | 3.6% | 9.9 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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C — Frequently Asked Questions
Quick answers to the most common questions about buying C stock.
What is Citigroup Inc.'s P/E ratio?
Citigroup Inc.'s current P/E ratio is 20.5x. The historical average is 14.2x. This places it at the 93th percentile of its historical range.
What is Citigroup Inc.'s EV/EBITDA?
Citigroup Inc.'s current EV/EBITDA is 27.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 21.5x.
What is Citigroup Inc.'s ROE?
Citigroup Inc.'s return on equity (ROE) is 6.7%. The historical average is 10.4%.
Is C stock overvalued?
Based on historical data, Citigroup Inc. is trading at a P/E of 20.5x. This is at the 93th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Citigroup Inc.'s dividend yield?
Citigroup Inc.'s current dividend yield is 2.02% with a payout ratio of 37.7%.
What are Citigroup Inc.'s profit margins?
Citigroup Inc. has 44.6% gross margin and 11.8% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Citigroup Inc. have?
Citigroup Inc.'s Debt/EBITDA ratio is 31.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.