Citigroup (C) FY2022 results: revenue $75.3 billion, up 4.8% on the year
Citigroup Inc. (C) reported revenue of $75.3 billion for fiscal 2022, the year ended 31 December 2022, up 4.8% on the year before. Net income was $14.8 billion, down 32.4%, and diluted earnings per share $7.00. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2023.
Revenue
$75.3 billion
+4.8% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$14.8 billion
-32.4% on the year
FY2015FY2022
Diluted EPS
$7.00
-31.0% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
25,069
47,090
-23,488
-46.8%
Capital expenditure
5,632
4,119
3,446
+36.7%
Free cash flow
19,437
42,971
-26,934
-54.8%
Cash from investing
-79,455
-110,746
-92,445
Cash from financing
137,763
17,272
233,595
+697.6%
Depreciation and amortisation
4,262
3,964
3,937
+7.5%
Buybacks
3,250
7,601
2,925
-57.2%
Dividends paid
5,003
5,198
5,352
-3.8%
Diluted shares, weighted
1,964m
2,049m
2,099m
-4.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
201,189
201,972
199,442
-0.4%
Non-controlling interest
649
700
758
-7.3%
Deposits
1,365,954
1,317,230
1,280,671
+3.7%
Trading liabilities
170,647
161,529
168,027
+5.6%
Debt
521,146
473,632
500,725
+10.0%
Other liabilities
157,091
136,350
110,467
+15.2%
Total liabilities and equity
2,416,676
2,291,413
2,260,090
+5.5%
Goodwill
19,691
21,299
22,162
-7.5%
Intangible assets
4,428
4,495
4,747
-1.5%
Securities held for sale or to maturity
518,542
505,485
440,027
+2.6%
Loans
640,247
n/a
n/a
Trading assets
334,114
331,945
375,079
+0.7%
Cash and equivalents
342,025
262,033
309,615
+30.5%
Other assets
557,629
1,166,156
1,108,460
-52.2%
Total assets
2,416,676
2,291,413
2,260,090
+5.5%
10-K for the year ended 31 December 2022, filed 27 February 2023: the filing.