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

C (Citigroup) Tax Rate % : 23.99% (As of Dec. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Citigroup Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Citigroup's Tax Expense for the three months ended in Dec. 2024 was $912 Mil. Citigroup's Pre-Tax Income for the three months ended in Dec. 2024 was $3,802 Mil. Therefore, Citigroup's Tax Rate % for the quarter that ended in Dec. 2024 was 23.99%.


Citigroup Tax Rate % Historical Data

The historical data trend for Citigroup's Tax Rate % 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 Tax Rate % Chart

Citigroup Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.52 19.84 19.37 27.33 24.70

Citigroup Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 14.08 25.00 24.29 25.42 23.99

Citigroup Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Citigroup's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=4211/17046
=24.70 %

Citigroup's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=912/3802
=23.99 %

* 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 Tax Rate % Related Terms

Thank you for viewing the detailed overview of Citigroup's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Citigroup Business Description

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 five primary segments: services, markets, banking, US personal banking, and wealth management. 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
Edward Skyler officer: Head of Global Public Affairs 388 GREENWICH STREET, NEW YORK NY 10013
Mark Mason officer: Chief Financial Officer 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Sara Wechter officer: Head of Human Resources 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Brent Mcintosh officer: General Counsel & Corp Sec'y 450 POST RD. EAST, WESTPORT CT 06880
Anand Selvakesari officer: CEO, Global Consumer Banking 388 GREENWICH STREET, NEW YORK NY 10013
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
Peter B. Henry director C/O NEW YORK UNIVERSITY/KAUFMAN MGT CNT, 44 WEST 4TH STREET, SUITE 11-160, NEW YORK CITY NY 10012
Johnbull Okpara officer: Controller&Chief Acct. Officer 388 GREENWICH STREET, NEW YORK NY 10013
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
Zdenek Turek officer: Interim Chief Risk Officer 388 GREENWICH STREET, 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