Citigroup (C) FY2021 results: revenue $71.9 billion, down 4.8% on the year
Citigroup Inc. (C) reported revenue of $71.9 billion for fiscal 2021, the year ended 31 December 2021, down 4.8% on the year before. Net income was $22.0 billion, up 98.7%, and diluted earnings per share $10.14. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2022.
Revenue
$71.9 billion
-4.8% on the year
FY2014FY2021
Operating margin
n/a
FY2014FY2021
Net income
$22.0 billion
+98.7% on the year
FY2014FY2021
Diluted EPS
$10.14
+114.8% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
47,090
-23,488
-12,837
Capital expenditure
4,119
3,446
5,336
+19.5%
Free cash flow
42,971
-26,934
-18,173
Cash from investing
-110,746
-92,445
-23,374
Cash from financing
17,272
233,595
42,933
-92.6%
Depreciation and amortisation
3,964
3,937
3,905
+0.7%
Buybacks
7,601
2,925
17,571
+159.9%
Dividends paid
5,198
5,352
5,447
-2.9%
Diluted shares, weighted
2,049m
2,099m
2,265m
-2.4%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
201,972
199,442
193,242
+1.3%
Non-controlling interest
700
758
704
-7.7%
Deposits
1,317,230
1,280,671
1,070,590
+2.9%
Trading liabilities
161,529
168,027
119,894
-3.9%
Debt
473,632
500,725
460,148
-5.4%
Other liabilities
136,350
110,467
106,580
+23.4%
Total liabilities and equity
2,291,413
2,260,090
1,951,158
+1.4%
Goodwill
21,299
22,162
22,126
-3.9%
Intangible assets
4,495
4,747
4,822
-5.3%
Securities held for sale or to maturity
505,485
440,027
361,040
+14.9%
Loans
n/a
n/a
686,700
Trading assets
331,945
375,079
276,140
-11.5%
Cash and equivalents
262,033
309,615
193,919
-15.4%
Other assets
1,166,156
1,108,460
406,411
+5.2%
Total assets
2,291,413
2,260,090
1,951,158
+1.4%
10-K for the year ended 31 December 2021, filed 28 February 2022: the filing.