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Citigroup (Citigroup) Selling, General, & Admin. Expense : $30,747 Mil (TTM As of Dec. 2023)


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What is Citigroup Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Citigroup's selling, general, & admin. expense for the three months ended in Dec. 2023 was $7,283 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $30,747 Mil.


Citigroup Selling, General, & Admin. Expense Historical Data

The historical data trend for Citigroup's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Citigroup Selling, General, & Admin. Expense Chart

Citigroup Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,022.00 23,544.00 26,740.00 28,305.00 30,712.00

Citigroup Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,893.00 7,763.00 7,773.00 7,283.00 7,928.00

Competitive Comparison of Citigroup's Selling, General, & Admin. Expense

For the Banks - Diversified subindustry, Citigroup's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Citigroup's Selling, General, & Admin. Expense Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Citigroup's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Citigroup's Selling, General, & Admin. Expense falls into.



Citigroup Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $30,747 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Citigroup  (NYSE:C) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Citigroup Selling, General, & Admin. Expense Related Terms

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Citigroup (Citigroup) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citigroup Inc (NYSE:C) » Definitions » Selling, General, & Admin. Expense
Address
388 Greenwich Street, New York, NY, USA, 10013
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.
Executives
Andrew John Morton officer: Head of Markets 388 GREENWICH STREET, NEW YORK NY 10013
Andrew M. Sieg officer: Head of Wealth 100 N TRYON STREET, CHARLOTTE NC 28255
Gonzalo Luchetti officer: Head of U.S. Personal Banking 388 GREENWICH STREET, NEW YORK NY 10013
Syed Shahmir Khaliq officer: Head of Services 388 GREENWICH STREET, NEW YORK NY 10013
Zdenek Turek officer: Interim Chief Risk Officer 388 GREENWICH STREET, NEW YORK NY 10013
Sara Wechter officer: Head of Human Resources 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Titilope Cole officer: CEO, Legacy Franchises 388 GREENWICH STREET, NEW YORK NY 10013
Michael Whitaker officer: Head of Enterprise O&T 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Von Koskull Casper Wilhelm director 388 GREENWICH STREET, NEW YORK NY 10013
Mary Mcniff officer: CEO, CITIBANK, N.A. 388 GREENWICH STREET, NEW YORK NY 10013
Brent Mcintosh officer: General Counsel & Corp Sec'y 450 POST RD. EAST, WESTPORT CT 06880
Cantu Ernesto Torres officer: CEO, Latin America 388 GREENWICH STREET, NEW YORK NY 10013
Sunil Garg officer: CEO, Citibank, N.A. 388 GREENWICH STREET, NEW YORK NY 10013
Anand Selvakesari officer: CEO, Global Consumer Banking 388 GREENWICH STREET, NEW YORK NY 10013
Johnbull Okpara officer: Controller&Chief Acct. Officer 388 GREENWICH STREET, NEW YORK NY 10013

Citigroup (Citigroup) Headlines