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Citigroup C Services — Goodwill

Other segment segments

Markets
$5.76B+0.2%
Wealth
$5.07B+13.8%
USCC
$4.73B-9.6%
Banking
$1.03B+2.3%

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UCTTServices — Goodwill
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Other financials

Income statement

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Revenue$24.6B+14.1%
Net income$5.8B+42.3%
EPS (diluted)$3.06+56.1%

Balance sheet

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Cash & equivalents$385.72B+25.1%
Total debt$396.86B+12.5%
Total equity$210.96B-0.7%
Total assets$2.78T+8.0%

Cash flow

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Operating cash flow-$21.9B+62.7%
CapEx$1.4B-6.7%
Free cash flow-$23.3B+61.3%

Valuation

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Market cap$220.93B+38.4%
Enterprise value$232.07B+11.7%
P/E13.8×+2.5×
P/S2.5×+0.6×

Profitability

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Gross margin76.6%
Net margin18.2%+1.7pp
FCF margin-71.1%

Returns & leverage

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Return on equity7.6%+1.2pp
Debt / equity1.9×+0.2×

Where this comes from

Reported directly by Citigroup in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Citigroup’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Citigroup's services — goodwill?
Citigroup (C) reported services — goodwill of $2.11B in Q1 2026.
How has Citigroup's services — goodwill changed year-over-year?
Citigroup's services — goodwill increased by 2.3% year-over-year, from $2.06B to $2.11B.
What does services — goodwill mean?
Represents the intangible asset value recorded when the Services segment acquires another business for a price exceeding the fair market value of its net identifiable assets. This reflects the premium paid for synergies, brand reputation, and customer relationships within the segment. It is subject to periodic testing to ensure the carrying value remains supported by future cash flows.