Citigroup Inc (C)
Financials · Diversified Banks · US stock · S&P 500 component
$122.51
▼ -1.34 (1.08%)
Fair valueFair
$108 −11.9% to fair value
$54fair band $92–$131$162
Day's range
$121.01 – $123.93
52-week range
$95.00 – $147.96
About Citigroup Inc
Consumers, companies, institutions and governments are served by Citigroup, a global bank. Its businesses include treasury and trade services for multinational clients, securities services, markets trading, investment banking, wealth management and credit cards and retail banking in the United States. It operates in many countries, and the firm is organised into several business lines that serve different client groups.
Revenue was $85.2 billion over the last twelve months, drawn from interest on loans and investments, fees for services such as payments, trading, advice and wealth management, and card income. Revenue was $85.2 billion over the last twelve months and has grown at 4.2% a year across the last three years. The dividend yield is 2.0%. On the site's X-Ray Score it receives 24 out of 100.
Price chart
52-wk range $95.00 – $147.96Volume 8,284,322Daily, split-adjusted
Vitals
Market cap$229.5B
52-week range$95.00 – $147.96
Volume (last day)8,284,322
P/E (TTM)16.2
EBIT / EV yield7.3%
Free-cash-flow yield-32.3%
Dividend yield2.0%
Revenue (TTM)$85.2B
Net income (TTM)$14.3B
Operating margin23.3%
Return on capital5.7%
Debt incl. leases$390.8B
Cash & securities$349.6B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$108middle half of models $94 – $113
Fair
−11.9% to fair value
Average of the 5 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $123
Undervalued < $92Fair $92 – $131Overvalued > $131
P/E multiple
$113
P/B multiple
$94
P/S multiple
$109
Dividend discount, stable
$82
Dividend discount, multi-stage
$142
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Financials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
15/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield7.3%
Free-cash-flow yield-32.3%
Fair value vs price0.9×
Growth
Weak
28/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)4.2%
EPS growth (3y)0.0%
Growth consistency80%
Profitability
Weak
16/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital5.7%
Operating margin23.3%
Financial health
Weak
36/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score4 / 9
Net debt / EBITDA1.7×
Interest coverNo interest cost
Dividends
Weak
37/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield2.0%
Dividend growth2.4%
Quarterly results: last 6 quarters
+0.3%
Sep '24
+14.2%
Dec '24
+2.8%
Mar '25
+8.2%
Jun '25
+9.3%
Sep '25
+2.1%
Dec '25
Revenue against the same quarter a year earlier. Latest quarter revenue $19.9B.
Compare with peers
USB Us Bancorp De63 PNC Pnc Financial Services...49 JPM Jpmorgan Chase & Co49 BAC Bank Of America Corp48Other Diversified Banks companies by X-Ray Score.
SWOT analysis: Citigroup Inc
Strengthsinside the company
- Operating profit covers interest 50x, so debt costs are a small drag.
Weaknessesinside the company
- Return on invested capital is only 5.7% (median 10.0% for industry peers), so the business earns little above its cost of capital.
- Free cash flow is negative, so spending or debt has to be financed from outside.
Opportunitiesvaluation and setting
- Our Market Compass rates the backdrop for Financials as favourable.
Threatsvaluation and setting
- Trades at 16.0x earnings, 41% above the 11.4x median of industry peers, so the price already assumes better results.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare C with peers and sector
Medians of 6 Diversified Banks peers and of 70 Financials stocks in our universe.
Largest peers (X-Ray Score): JPM 49, BAC 48, WFC 38, USB 63, PNC 49, TFC 38.
| Metric | C | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 24 | 49 | 50 |
| Valuation | 15 | 63 | 52 |
| Growth | 28 | 32 | 54 |
| Profitability | 16 | 43 | 49 |
| Financial health | 36 | 51 | 51 |
| Dividends | 37 | 57 | 54 |
Sector leaders: highest X-Ray Score in Financials
C ranks #71 of 71 in Financials and #7 of 7 in Diversified Banks by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for C
Each factor is rated by where C stands among the 71 Financials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 1 Good · 4 Average · 3 Bad of 8
Growth: 0 · 1 · 2
Profitability: 0 · 1 · 1
Valuation: 1 · 2 · 0
| Factor | C | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +4.2% | Bad beats 25% | +8.3% | – | – |
| Revenue growth, last year | +5.6% | Average beats 37% | +6.9% | +3.6% | ≈ In line |
| EPS growth, 3 years a year | −0.0% | Bad beats 19% | +12.7% | – | – |
| Profitability | |||||
| Net margin | 16.8% | Average beats 36% | 21.8% | 16.8% | ≈ In line |
| Return on equity | 6.7% | Bad beats 9% | 15.7% | 6.7% | ≈ In line |
| Valuation | |||||
| P/E ratio | 16.0x | Average beats 39% | 13.8x | 10.8x | ▼ Worse |
| Price / book | 1.1x | Good beats 88% | 2.2x | 0.6x | ▼ Worse |
| Price / sales | 2.7x | Average beats 58% | 3.1x | 1.7x | ▼ Worse |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings), and banks and insurers are rated only on the factors that apply to them. A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 1 Good · ● 3 Average · ● 8 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldBad
Risk models
Piotroski F-ScoreBad
Growth
EPS growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Net debt / EBITDAAverage
Interest coverGood
Valuation
Fair value vs priceBad
EBIT / EV yieldAverage
Profitability
Return on invested capitalBad
Operating marginAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 25/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $71.9B | $75.3B | $78.1B | $80.7B | $85.2B |
| Operating income | $35.5B | $44.5B | $91.3B | $17.0B | $19.8B |
| Net income | $22.0B | $14.8B | $9.2B | $12.7B | $14.3B |
| Operating cash flow | $47.1B | $25.1B | −$73.4B | −$19.7B | −$67.6B |
| Operating margin | 49.3% | 59.1% | 116.9% | 21.1% | 23.3% |
| Free cash flow | $43.0B | $19.4B | −$80.0B | −$26.2B | −$74.2B |
| Diluted EPS | $10.14 | $7.00 | $4.04 | $5.94 | $6.99 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
3 bullish · 1 neutral · 12 bearish
Weekly
Neutral
5 bullish · 1 neutral · 6 bearish
Monthly
Strongly bullish
6 bullish · 1 neutral · 1 bearish
Moving averages (daily)
| SMA 10 | 124.6 | Bearish |
| EMA 10 | 124.4 | Bearish |
| SMA 20 | 127.0 | Bearish |
| EMA 20 | 126.6 | Bearish |
| SMA 50 | 131.6 | Bearish |
| EMA 50 | 129.9 | Bearish |
| SMA 100 | 133.9 | Bearish |
| EMA 100 | 130.0 | Bearish |
| SMA 200 | 125.7 | Bearish |
| EMA 200 | 124.1 | Bearish |
Oscillators (daily)
| RSI (14) | 37.98 | Neutral |
| MACD (12, 26) | -2.71 | Bearish |
| Momentum (12) | -4.68 | Bearish |
| Stochastic %K (14) | 17.49 | Bullish |
| Williams %R (14) | -82.51 | Bullish |
| CCI (20) | -100.3 | Bullish |
Pivot points (classic, last session)
S3 118.1 | S2 119.6 | S1 121.0 | Pivot 122.5 | R1 124.0 | R2 125.4 | R3 126.9 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.47 USD
Yield on today's price
2.02%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.6700 | |
| 0.6000 | |
| 0.6000 | |
| 0.6000 | |
| 0.6000 | |
| 0.5600 | |
| 0.5600 | |
| 0.5600 | |
| 0.5600 | |
| 0.5300 | |
| 0.5300 | |
| 0.5300 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold C
| ETF | Share of the fund |
|---|---|
| KBWB Invesco KBW Bank | 4.28% |
| IYF iShares U.S. Financials | 3.36% |
| PWV Invesco Dynamic Large Cap Value | 3.22% |
| XLF Financial Select Sector SPDR | 3.14% |
| VFH Vanguard Financials | 2.56% |
| NULV Nuveen ESG Large-Cap Value | 2.00% |
| MFSV MFS Active Value | 1.91% |
| WTV WisdomTree U.S. Quality Shareholder Yi... | 1.83% |
The eight funds with the largest weight in C among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
C stock splits
C has split its stock 8 times since 1993. The latest was a 1-for-10 reverse split on 9 May 2011.
Full C stock split history →C SEC filings
8-KSEC EDGAR
Director or officer change
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Current report
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Director or officer change; Shareholder vote results
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.