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Citigroup C Gross Profit

Discontinued — last reported Q4 '20

Gross Profit at other companies

Snap-on logo
Snap-onSNA
$608.3M+5.2%
Fortive logo
FortiveFTV
$483.8M+5.3%
Lowe's Companies logo
Lowe's CompaniesLOW
32.7%-0.7pp
IQVIA logo
IQVIAIQV
$552M+7.2%
PTC logo
PTCPTC
$191.2M+9.5%
ATI logo
ATIATI
$129.5M+33.2%

Other financials

Income statement

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Revenue$24.6B+14.1%
Net income$5.8B+42.4%
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$244B+48.5%
Enterprise value$255.14B+17.7%
P/E15.2×+2.9×
P/S2.8×+0.7×

Profitability

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Gross margin76.6%
Net margin18.2%+1.7pp

Returns & leverage

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

Where this comes from

Calculated from Citigroup’s reported figures.

The official record: Citigroup’s 10-K, filed February 28, 2022, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?
Gross profit is the money left over after subtracting the direct costs of providing financial services from total revenue.
How do you interpret gross profit?
An increase suggests improved pricing power or lower direct costs of service delivery, while a decrease may indicate margin compression due to competitive pricing or rising funding costs.
How does gross profit compare across companies?
Peer banks typically report this as Net Interest Income plus non-interest revenue minus direct transaction or service costs, though reporting structures vary significantly across the financial sector.