Citigroup Inc.C
NYSE•Financial Services•Banks - Diversified
Citigroup Inc., a diversified financial service holding company, provides various financial products and services to consumers, corporations, governments, and institutions. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes treasury and trade solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and securities services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions. The Markets segment offers sales and trading services for equities, foreign exchange, rates, spread products, and commodities to corporate, institutional, and public sector clients; and market-making services, including asset classes, risk management solutions, financing, and prime brokerage. The Banking segment includes investment banking services comprising equity and debt capital markets-related strategic financing solutions; advisory services related to mergers and acquisitions, divestitures, restructurings, and corporate defense activities; and corporate lending consists of corporate and commercial banking. The U.S. Personal Banking segment provides proprietary and co-branded card portfolios; and traditional banking services to retail and small business customers. The Wealth segment offers financial services to high-net-worth clients through banking, lending, mortgages, investment, custody, and trust product offerings; professional industries, including law firms, consulting groups, accounting, and asset management; and affluent and high net worth clients. The company operates in North America, the United Kingdom, Japan, North and South Asia, Australia, Europe, the Middle East, and Africa. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.
Citigroup, Inc. (C) reported trailing twelve months revenue of $171.19B as of March 2026, a 1.8% increase year-over-year. Quarterly revenue reached $44.14B, reflecting continued top-line momentum.
Citigroup, Inc. generated $15.99B in TTM net income, with quarterly EBITDA of $7.52B. The operating margin expanded from 13.2% to 17.0%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (17.0%) and net margin (13.1%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 9.9% a year ago, signaling stronger bottom-line efficiency.
C trades at a P/E of 11.9x (below the broader market average) and a P/S of 1.1x. The price-to-book ratio of 0.9x suggests the stock trades below its book value.
The company reported negative free cash flow of $-23.29B, indicating cash consumption over the period. The balance sheet shows $2.78T in total assets with $307.57B in long-term debt against $210.96B in stockholders equity for a debt-to-equity ratio of 1.5. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are expanding at ~11.7%, suggesting durable pricing power and cost discipline.
ROE is positive at ~6.0% on average, adequate but below the threshold typically associated with wide moats.
Only 2 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.
Revenue has grown modestly overall (~1.6%) but trajectory is uneven, suggesting a competitive or cyclical business.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~12.7% — no sign of cost or pricing stress.
Free cash flow has been negative in 6 of the last 8 quarters — earnings are not translating to cash.
D/E ratio is 1.5 — conservative capital structure with low financial risk.
Revenue has softened, declining in 4 quarters. Monitor for further erosion.
6 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.
Shares decreased 8.7% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation