Citigroup Inc. (C) Balance Sheet
C balance sheet, 2025
December 31, 2025 · U.S. dollars$2.66T assets = $2.44T liabilities + $213.82B equity
Both columns are drawn to the same scale: what C owns equals what it owes plus shareholders’ equity. Hover a block for its value.
C financial health
Debt / equity3.37
High leverage · $3.37 of debt for each $1 of equity
Cash / debt94.4%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles0.9%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal 2025.
C balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.79T2016 | $2.66T2025 | +4.5%/yr | |
| Total liabilities | $1.57T2016 | $2.44T2025 | +5.1%/yr | |
| Shareholders’ equity | $226.14B2016 | $212.29B2025 | −0.7%/yr | |
| Cash & short-term investments | $451.68B2016 | $675.44B2025 | +4.6%/yr | |
| Total debt | $375.92B2016 | $715.80B2025 | +7.4%/yr | |
| Net cash (debt) | $75.75B2016 | −$40.36B2025 | −$116.1B | |
| Working capital | $453.07B2016 | −$792.17B2025 | −$1.2T | |
| Book value per share | $78.302016 | $113.982025 | +4.3%/yr | |
| Debt / equity | 1.662016 | 3.372025 | +1.71 | |
| Shares outstanding | 2.89B2016 | 1.86B2025 | −4.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
C assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
C liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
C debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
C balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $675.44B | $498.02B | $506.00B | $580.77B | $541.33B | $644.70B | $474.18B | $466.85B | $461.94B | $451.68B |
| Cash & equivalents | $349.58B | $276.53B | $260.93B | $342.02B | $262.03B | $309.62B | $193.92B | $188.01B | $180.52B | $160.49B |
| Short-term investments | $325.86B | $221.49B | $245.07B | $238.75B | $279.30B | $335.08B | $280.26B | $295.25B | $298.97B | $307.64B |
| Receivables | $62.68B | $51.12B | $54.19B | $54.55B | $54.80B | $44.81B | $39.86B | $35.45B | $38.38B | $28.89B |
| Inventory | $0 | $0 | −$1.15T | −$1.17T | −$1.03T | −$1.02T | −$761.30B | −$748.87B | −$702.58B | −$668.46B |
| Other current assets | $0 | $0 | $1.15T | $1.17T | $1.03T | $1.02T | $761.30B | $750.46B | $704.31B | $670.30B |
| Total current assets | $738.12B | $549.13B | $560.19B | $635.32B | $596.12B | $689.50B | $514.04B | $503.88B | $502.06B | $482.42B |
| Property, plant & equipment (net) | $33.34B | $30.19B | $28.75B | $26.25B | $24.33B | $2.80B | $3.10B | −$27.68B | −$26.80B | −$49.69B |
| Goodwill & intangible assets | $23.38B | $23.79B | $24.52B | $24.12B | $25.79B | $26.91B | $26.95B | $27.27B | $27.40B | $28.34B |
| Long-term investments | $747.55B | $720.72B | $733.68B | $860.70B | $844.77B | $822.44B | $1.33T | $614.72B | $603.85B | $597.23B |
| Other non-current assets | $1.11T | $1.03T | $1.06T | $870.29B | $800.40B | $718.67B | $75.67B | $799.10B | $736.55B | $733.78B |
| Total assets | $2.66T | $2.35T | $2.41T | $2.42T | $2.29T | $2.26T | $1.95T | $1.92T | $1.84T | $1.79T |
| Liabilities | ||||||||||
| Accounts payable | $74.84B | $66.60B | $63.54B | $69.22B | $61.43B | $50.48B | $48.60B | $64.57B | $61.34B | $57.15B |
| Short-term debt | $399.98B | $303.26B | $315.56B | $249.54B | $219.26B | $29.51B | $45.05B | $32.25B | $44.45B | $30.70B |
| Deferred revenue | — | — | — | — | — | — | — | $97.01B | — | — |
| Total current liabilities | $1.53T | $1.79T | $1.84T | $1.86T | $1.76T | $80.00B | $93.65B | $96.92B | $40.63B | $29.34B |
| Long-term debt | $315.83B | $278.80B | $275.12B | $271.61B | $254.37B | $439.71B | $368.65B | $376.30B | $360.76B | $345.22B |
| Other long-term liabilities | $0 | $76.61B | $87.33B | $87.87B | $74.92B | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $2.44T | $2.14T | $2.21T | $2.21T | $2.09T | $2.06T | $1.76T | $1.72T | $1.64T | $1.57T |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M | $108.07B | $108.10B |
| Retained earnings (deficit) | $215.13B | $206.29B | $198.91B | $194.73B | $184.95B | $168.59B | $165.37B | $151.35B | $135.72B | $146.48B |
| Treasury stock | — | — | — | — | −$71.24B | −$64.13B | −$61.66B | −$44.37B | −$30.31B | −$16.30B |
| Accumulated other comprehensive income | −$41.90B | −$47.85B | −$44.80B | −$47.06B | −$38.77B | −$32.06B | −$36.32B | −$37.17B | −$31.36B | −$32.38B |
| Minority interest | $1.53B | $768.0M | $798.0M | $649.0M | $700.0M | $758.0M | $704.0M | $854.0M | $932.0M | $1.02B |
| Total shareholders' equity | $212.29B | $208.60B | $205.45B | $201.19B | $201.97B | $200.52B | $193.95B | $197.07B | $202.27B | $226.14B |
| Key figures | ||||||||||
| Total debt | $715.80B | $590.56B | $602.18B | $521.15B | $473.63B | $469.23B | $413.70B | $408.56B | $405.21B | $375.92B |
| Net cash (debt) | −$40.36B | −$92.54B | −$96.18B | $59.62B | $67.70B | $175.47B | $60.48B | $58.30B | $56.73B | $75.75B |
| Working capital | −$792.17B | −$1.24T | −$1.28T | −$1.22T | −$1.16T | $609.51B | $420.39B | $406.97B | $461.42B | $453.07B |
| Tangible book value | $188.91B | $184.80B | $180.93B | $177.07B | $176.18B | $173.61B | $167.00B | $169.81B | $174.86B | $197.81B |
| Book value per share | $113.98 | $109.71 | $105.05 | $102.42 | $98.55 | $95.53 | $85.62 | $78.99 | $74.95 | $78.30 |
| Shares outstanding | 1.86B | 1.90B | 1.96B | 1.96B | 2.05B | 2.10B | 2.27B | 2.49B | 2.70B | 2.89B |
| Current ratio | 0.48 | 0.31 | 0.30 | 0.34 | 0.34 | 8.62 | 5.49 | 5.20 | 12.36 | 16.44 |
| Quick ratio | 0.48 | 0.31 | 0.30 | 0.34 | 0.34 | 8.62 | 5.49 | 5.18 | 12.31 | 16.38 |
| Debt / equity | 3.37 | 2.83 | 2.93 | 2.59 | 2.35 | 2.34 | 2.13 | 2.07 | 2.00 | 1.66 |
| Equity / assets | 8.0% | 8.9% | 8.5% | 8.3% | 8.8% | 8.9% | 9.9% | 10.3% | 11.0% | 12.6% |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.46T | $996.75B | $971.74B | $675.44B | $672.58B | $563.20B | $527.78B | $498.02B | $534.96B | $492.64B | $525.78B | $506.00B |
| Cash & equivalents | $354.84B | $366.41B | $385.72B | $349.58B | $348.06B | $337.47B | $308.33B | $276.53B | $303.09B | $246.13B | $272.73B | $260.93B |
| Short-term investments | $1.11T | $630.34B | $586.02B | $325.86B | $324.51B | $225.73B | $219.45B | $221.49B | $231.87B | $246.50B | $253.05B | $245.07B |
| Receivables | $514.09B | $83.32B | $91.72B | $62.68B | $75.99B | $64.26B | $57.72B | $51.12B | $63.93B | $64.83B | $61.59B | $54.19B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$1.16T | −$1.19T | −$1.15T |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.16T | $1.19T | $1.15T |
| Total current assets | $1.98T | $1.08T | $1.06T | $738.12B | $748.57B | $627.46B | $585.50B | $549.13B | $598.89B | $557.47B | $587.37B | $560.19B |
| Property, plant & equipment (net) | $34.08B | $33.90B | $33.57B | $33.34B | $32.82B | $32.31B | $30.81B | $30.19B | $30.10B | $29.40B | $29.19B | $28.75B |
| Goodwill & intangible assets | $24.11B | $24.02B | $23.30B | $23.38B | $23.46B | $24.29B | $23.85B | $23.79B | $23.81B | $23.93B | $24.38B | $24.52B |
| Long-term investments | $0 | $806.37B | $772.26B | $747.55B | $759.28B | $791.49B | $739.03B | $720.72B | $730.34B | $741.29B | $716.10B | $733.68B |
| Other non-current assets | $906.31B | $950.30B | $885.09B | $1.11T | $1.08T | $1.15T | $1.19T | $1.03T | $1.05T | $1.05T | $1.08T | $1.06T |
| Total assets | $2.94T | $2.89T | $2.78T | $2.66T | $2.64T | $2.62T | $2.57T | $2.35T | $2.43T | $2.41T | $2.43T | $2.41T |
| Liabilities | ||||||||||||
| Accounts payable | $120.44B | $116.08B | $111.22B | $74.84B | $89.60B | $90.95B | $78.30B | $66.60B | $81.19B | $73.62B | $73.01B | $63.54B |
| Short-term debt | $471.69B | $480.10B | $441.64B | $399.98B | $404.40B | $403.47B | $453.10B | $303.26B | $319.72B | $343.90B | $331.30B | $315.56B |
| Total current liabilities | $2.31T | $2.28T | $2.18T | $1.53T | $2.04T | $2.02T | $2.00T | $1.79T | $1.85T | $1.85T | $1.87T | $1.84T |
| Long-term debt | $0 | $333.75B | $307.57B | $315.83B | $309.85B | $317.76B | $288.18B | $278.80B | $299.08B | $280.32B | $285.50B | $286.62B |
| Other long-term liabilities | $419.39B | $0 | $73.18B | $0 | $80.50B | $74.77B | $73.57B | $76.61B | $68.24B | $69.30B | $71.49B | $75.83B |
| Total liabilities | $2.73T | $2.68T | $2.57T | $2.44T | $2.43T | $2.41T | $2.36T | $2.14T | $2.22T | $2.20T | $2.23T | $2.21T |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M | $31.0M |
| Retained earnings (deficit) | $227.73B | $223.99B | $219.54B | $215.13B | $214.03B | $211.67B | $209.01B | $206.29B | $204.77B | $202.91B | $200.96B | $198.91B |
| Accumulated other comprehensive income | −$41.44B | −$39.50B | −$40.62B | −$41.90B | −$44.17B | −$43.79B | −$45.72B | −$47.85B | −$45.20B | −$46.68B | −$45.73B | −$44.80B |
| Minority interest | — | $2.44B | $1.61B | $1.53B | $854.0M | $908.0M | — | — | — | — | — | — |
| Total shareholders' equity | $209.41B | $212.01B | $210.96B | $212.29B | $213.02B | $213.22B | $212.41B | $208.60B | $209.08B | $208.31B | $206.59B | $205.45B |
| Key figures | ||||||||||||
| Total debt | $817.48B | $813.85B | $749.21B | $715.80B | $720.24B | $721.23B | $748.78B | $590.56B | $618.80B | $624.22B | $616.79B | $602.18B |
| Net cash (debt) | $645.21B | $182.90B | $222.53B | −$40.36B | −$47.67B | −$158.03B | −$221.00B | −$92.54B | −$83.84B | −$131.58B | −$91.01B | −$96.18B |
| Working capital | −$333.32B | −$1.20T | −$1.12T | −$792.17B | −$1.29T | −$1.39T | −$1.41T | −$1.24T | −$1.25T | −$1.29T | −$1.28T | −$1.28T |
| Tangible book value | $185.30B | $188.00B | $187.66B | $188.91B | $189.57B | $188.94B | $188.56B | $184.80B | $185.27B | $184.38B | $182.21B | $180.93B |
| Book value per share | $113.72 | $122.16 | $118.78 | $113.98 | $114.37 | $112.63 | $110.65 | $108.03 | $107.76 | $107.06 | $107.17 | $107.58 |
| Shares outstanding | 1.84B | 1.74B | 1.78B | 1.86B | 1.86B | 1.89B | 1.92B | 1.93B | 1.94B | 1.95B | 1.93B | 1.91B |
| Current ratio | 0.86 | 0.47 | 0.49 | 0.48 | 0.37 | 0.31 | 0.29 | 0.31 | 0.32 | 0.30 | 0.31 | 0.30 |
| Quick ratio | 0.86 | 0.47 | 0.49 | 0.48 | 0.37 | 0.31 | 0.29 | 0.31 | 0.32 | 0.30 | 0.31 | 0.30 |
| Debt / equity | 3.90 | 3.84 | 3.55 | 3.37 | 3.38 | 3.38 | 3.53 | 2.83 | 2.96 | 3.00 | 2.99 | 2.93 |
| Equity / assets | 7.1% | 7.3% | 7.6% | 8.0% | 8.1% | 8.1% | 8.3% | 8.9% | 8.6% | 8.7% | 8.5% | 8.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 20, 2026); data from EODHD.
C financial position
At the end of fiscal 2025 (December 31, 2025), Citigroup had total assets of $2.66 trillion (up 12.9% from a year earlier), total liabilities of $2.44 trillion and shareholders' equity of $212.3 billion. It held $675.4 billion in cash and short-term investments against $715.8 billion of debt, net debt of $40.4 billion. Its current ratio was 0.48. In the latest quarter (ended September 30, 2026) total assets were $2.94 trillion and equity $209.4 billion.
Related: C income statement, C cash flow statement, C key metrics. See the C stock overview for the latest quote and news.
C balance sheet FAQ
What are Citigroup's total assets?
Citigroup reported total assets of $2.66 trillion at the end of fiscal 2025 (December 31, 2025), compared with $2.35 trillion a year earlier.
How much debt does Citigroup have?
Citigroup had $715.8 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 3.37.
How much cash does Citigroup have?
Citigroup held $675.4 billion in cash and short-term investments at the end of fiscal 2025; with $715.8 billion of debt that is net debt of $40.4 billion.
What is Citigroup's book value?
Citigroup's shareholders' equity (book value) was $212.3 billion at the end of fiscal 2025, or $113.98 per share.
What is Citigroup's current ratio?
Citigroup had current assets of $738.1 billion and current liabilities of $1.53 trillion, a current ratio of 0.48 (current liabilities exceed current assets).
How much goodwill does Citigroup have?
Citigroup carried $23.4 billion of goodwill and intangible assets, 0.9% of total assets, at the end of fiscal 2025.