City Holding Company (CHCO) Income Statement
CHCO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCHCO revenue and net income
Where CHCO's revenue goes
2025Each bar shows an amount and its share of revenue. CHCO kept 33.3% of revenue as net income.
CHCO profit margins
CHCO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.6% | +15.3% | +9.0% | +8.2% |
| Gross profit | +9.4% | +8.0% | +7.0% | +6.8% |
| Operating income | +12.5% | +8.5% | +7.9% | +7.0% |
| Net income | +11.4% | +8.5% | +7.8% | +9.2% |
| EPS (diluted) | +13.3% | +9.5% | +13.7% | +10.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CHCO quarterly EPS vs estimates
City beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 28, 2026 (estimate $2.38).
CHCO income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $392.1M | $371.3M | $334.4M | $255.7M | $228.7M | $255.0M | $260.6M | $220.0M | $202.6M | $186.5M |
| Cost of revenue | $82.3M | $88.0M | $55.3M | $10.1M | $6.7M | $34.3M | $35.1M | $23.4M | $19.8M | $17.6M |
| Gross profit | $309.8M | $283.2M | $279.2M | $245.6M | $221.9M | $220.7M | $225.5M | $196.6M | $182.8M | $168.9M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $84.5M | $83.1M | $79.2M | $71.6M | $66.5M | $65.7M | $66.1M | $58.6M | $55.3M | $55.1M |
| Total operating expenses | $147.2M | $138.7M | $136.1M | $118.7M | $110.7M | $109.4M | $112.1M | $108.6M | $92.1M | $91.7M |
| Operating income | $162.6M | $144.5M | $143.1M | $127.3M | $111.2M | $111.3M | $113.5M | $88.0M | $90.7M | $77.2M |
| Interest income | $321.2M | $306.4M | $271.3M | $189.7M | $165.5M | $178.3M | $197.7M | $163.9M | $142.9M | $132.2M |
| Interest expense | $84.8M | $86.2M | $52.0M | $9.7M | $9.9M | $23.6M | $36.3M | $25.7M | $16.8M | $13.2M |
| Income before taxes | $161.5M | $144.5M | $143.1M | $127.3M | $111.2M | $111.3M | $113.5M | $88.0M | $90.7M | $77.2M |
| Income taxes | $31.0M | $27.4M | $28.7M | $25.3M | $23.1M | $21.7M | $24.1M | $18.0M | $36.4M | $25.1M |
| Net income | $130.5M | $117.1M | $114.4M | $102.1M | $88.1M | $89.6M | $89.4M | $70.0M | $54.3M | $52.1M |
| EBITDA | $173.7M | $157.7M | $153.8M | $143.1M | $125.8M | $122.0M | $119.2M | $94.4M | $97.6M | $84.3M |
| EPS (diluted) | $8.94 | $7.89 | $8.01 | $6.80 | $5.67 | $4.71 | $5.46 | $5.16 | $3.49 | $3.46 |
| Gross margin | 79.0% | 76.3% | 83.5% | 96.0% | 97.1% | 86.5% | 86.5% | 89.4% | 90.2% | 90.6% |
| Operating margin | 41.5% | 38.9% | 42.8% | 49.8% | 48.6% | 43.6% | 43.5% | 40.0% | 44.8% | 41.4% |
| Net margin | 33.3% | 31.5% | 34.2% | 39.9% | 38.5% | 35.1% | 34.3% | 31.8% | 26.8% | 27.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $80.2M | $98.4M | $101.1M | $100.0M | $97.0M | $94.0M | $93.3M | $96.1M | $92.6M | $89.2M | $84.2M | $85.4M |
| Cost of revenue | $19.5M | $19.8M | $20.9M | $20.5M | $19.4M | $21.6M | $23.5M | $23.6M | $21.9M | $19.0M | $16.9M | $14.8M |
| Gross profit | $60.8M | $78.6M | $80.2M | $79.5M | $77.7M | $72.4M | $69.8M | $72.5M | $70.7M | $70.3M | $67.3M | $70.6M |
| Sales, general & admin | $39.8M | $26.5M | $20.8M | $21.2M | $21.7M | $20.8M | $21.1M | $21.1M | $20.4M | $20.5M | $20.2M | $20.0M |
| Total operating expenses | $40.2M | $39.4M | $39.6M | $35.7M | $36.5M | $35.5M | $35.3M | $35.3M | $34.5M | $33.6M | $33.2M | $32.8M |
| Operating income | $20.6M | $39.3M | $40.6M | $43.8M | $41.2M | $36.9M | $34.5M | $37.1M | $36.3M | $36.7M | $34.1M | $37.8M |
| Interest income | $80.2M | $78.8M | $81.4M | $82.1M | $80.3M | $77.4M | $78.8M | $78.1M | $76.0M | $73.6M | $71.9M | $70.2M |
| Interest expense | $19.5M | $19.2M | $20.9M | $21.0M | $21.4M | $21.6M | $23.2M | $22.4M | $21.4M | $19.1M | $17.2M | $14.6M |
| Income before taxes | $41.3M | $39.3M | $39.5M | $43.8M | $41.2M | $36.9M | $34.5M | $37.1M | $36.3M | $36.7M | $34.1M | $37.8M |
| Income taxes | $8.0M | $7.5M | $8.0M | $8.7M | $7.8M | $6.6M | $5.8M | $7.3M | $7.1M | $7.1M | $6.6M | $8.0M |
| Net income | $33.3M | $31.7M | $31.6M | $35.2M | $33.4M | $30.3M | $28.7M | $29.8M | $29.1M | $29.5M | $27.5M | $29.8M |
| EBITDA | $43.9M | $41.4M | $43.2M | $45.8M | $44.7M | $40.1M | $38.8M | $39.9M | $39.3M | $39.6M | $34.9M | $40.7M |
| EPS (diluted) | $2.35 | $2.20 | $2.18 | $2.41 | $2.29 | $2.06 | $1.94 | $2.02 | $1.96 | $1.97 | $1.84 | $1.98 |
| Gross margin | 75.7% | 79.9% | 79.3% | 79.5% | 80.0% | 77.0% | 74.8% | 75.4% | 76.4% | 78.8% | 79.9% | 82.7% |
| Operating margin | 25.6% | 39.9% | 40.2% | 43.8% | 42.4% | 39.3% | 37.0% | 38.6% | 39.2% | 41.1% | 40.5% | 44.3% |
| Net margin | 41.5% | 32.3% | 31.2% | 35.2% | 34.4% | 32.3% | 30.7% | 31.0% | 31.4% | 33.1% | 32.6% | 35.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CHCO's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CHCO financial results
In fiscal year 2025 (ended December 31, 2025), City reported revenue of $392.1 million, up 5.6% from the year before. It had net income of $130.5 million (up 11.4%), a net profit margin of 33.3%. Diluted earnings per share came to $8.94. Over five years revenue grew at an average rate of 9.0% a year.
See the CHCO stock overview for the latest quote and news, or the CHCO chart for price history and technical indicators.
CHCO income statement FAQ
What is City's annual revenue?
City reported total revenue of $392.1 million for fiscal year 2025, which ended on December 31, 2025. That was up 5.6% from $371.3 million the previous year.
Is City profitable?
Yes. City reported net income of $130.5 million in fiscal 2025, a net profit margin of 33.3%; its operating margin was 41.5%.
What is City's gross margin?
City's gross margin was 79.0% in fiscal 2025: for every $100 of revenue, City kept $79 after the direct cost of its products and services.
How fast is City growing?
Revenue grew 9.0% a year on average over the last five fiscal years, from $255.0 million to $392.1 million.
What are City's earnings per share?
City earned $8.94 per diluted share in fiscal 2025, compared with $7.89 a year earlier.
When will City report its next earnings?
City is expected to report results for the quarter ending September 30, 2026 on October 28, 2026.
When does City's fiscal year end?
City's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.