Citigroup (Citigroup) Net Margin %

: -9.76% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Citigroup's Net Income for the three months ended in Dec. 2023 was $-1,839 Mil. Citigroup's Revenue for the three months ended in Dec. 2023 was $18,840 Mil. Therefore, Citigroup's net margin for the quarter that ended in Dec. 2023 was -9.76%.

The historical rank and industry rank for Citigroup's Net Margin % or its related term are showing as below:

C' s Net Margin % Range Over the Past 10 Years
Min: -9.38 Med: 20.39 Max: 30.54
Current: 10.1

C's Net Margin % is ranked worse than
85.23% of 1462 companies
in the Banks industry
Industry Median: 25.54 vs C: 10.10

Citigroup Net Margin % Historical Data

The historical data trend for Citigroup's Net Margin % 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

25.84

14.63

30.54

19.71

11.76

Citigroup Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %																21.46	14.99	17.96	-9.76	15.98

Competitive Comparison

For the Banks - Diversified subindustry, Citigroup's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Banks industry and Financial Services sector, Citigroup's Net Margin % distribution charts can be found below:

* The bar in red indicates where Citigroup's Net Margin % falls into.

Citigroup Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Citigroup's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	9228	/	78486
	=	11.76 %

Citigroup's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-1839	/	18840
	=	-9.76 %

Citigroup (NYSE:C) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Citigroup Net Margin % Related Terms

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Citigroup (Citigroup) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citigroup Inc (NYSE:C) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

CpJ.PFD:USA C:Peru C:Mexico C_KZ:Kazakhstan 1C:Italy TRVCd:UK 0R01:UK TRVC:Germany TRVC:Germany TRVC:Germany TRVC:Germany C:Chile CITI:Canada CTGP34:Brazil CITI:Austria C:Argentina

Address

388 Greenwich Street, New York, NY, USA, 10013

Website

https://www.citigroup.com

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