Citizens Financial Group, Inc. (CFG) Key Metrics
CFG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $26.69B
- Enterprise value
- $31.31B
- P/E (TTM)
- 13.8 10-yr median 11.5
- Forward P/E
- 9.9
- PEG ratio
- 1.65
- Price / sales
- 3.3 10-yr median 2.2
- Price / book
- 1.1 10-yr median 0.8
- EV / EBITDA
- — 10-yr median 2.8
- Dividend yield
- 2.90% $1.84 a year
- Beta
- 1.06
CFG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCFG valuation Price multiples at each fiscal year-end price.
CFG returns How much profit the business earns on the capital it uses.
CFG per-share figures Results divided by the shares outstanding at year-end.
CFG financial health Debt, liquidity and how easily interest is covered.
CFG efficiency & capital use Working capital cycle and where the cash goes.
CFG valuation history
CFG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CFG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CFG cash returned to shareholders
CFG price vs earnings per share
CFG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $25.44B | $19.85B | $15.80B | $18.81B | $20.20B | $15.31B | $18.32B | $14.28B | $21.14B | $18.67B |
| Enterprise value | −$12.67B | −$11.60B | −$11.93B | $114.1M | −$7.70B | −$11.95B | $8.20B | $6.91B | $11.79B | $11.94B |
| P/E ratio | 13.9 | 13.2 | 9.8 | 9.1 | 8.7 | 14.5 | 10.2 | 8.3 | 12.8 | 17.9 |
| Price / sales | 2.3 | 1.6 | 1.3 | 2.1 | 2.9 | 2.0 | 2.3 | 1.9 | 3.3 | 3.2 |
| Price / book | 1.0 | 0.8 | 0.6 | 0.8 | 0.9 | 0.7 | 0.8 | 0.7 | 1.0 | 0.9 |
| Price / free cash flow | 12.5 | 10.6 | 5.7 | 4.7 | 9.4 | — | 13.8 | 9.3 | 14.7 | 15.7 |
| Price / operating cash flow | 11.5 | 9.9 | 5.3 | 4.6 | 8.9 | 137.9 | 10.8 | 8.1 | 11.2 | 12.5 |
| EV / sales | -1.1 | -0.9 | -1.0 | 0.0 | -1.1 | -1.6 | 1.0 | 0.9 | 1.8 | 2.1 |
| EV / EBITDA | — | — | — | 0.0 | — | — | 2.8 | 2.6 | 4.9 | 5.8 |
| EV / free cash flow | — | — | — | 0.0 | — | — | 6.2 | 4.5 | 8.2 | 10.1 |
| Earnings yield | 7.2% | 7.6% | 10.2% | 11.0% | 11.5% | 6.9% | 9.8% | 12.0% | 7.8% | 5.6% |
| Free cash flow yield | 8.0% | 9.5% | 17.7% | 21.2% | 10.7% | −0.0% | 7.3% | 10.7% | 6.8% | 6.4% |
| Dividend yield | 3.5% | 4.6% | 5.9% | 4.7% | 3.9% | 5.0% | 3.7% | 3.4% | 1.6% | 1.4% |
| Shareholder yield (dividends + buybacks) | 7.4% | 11.4% | 11.6% | 5.6% | 6.6% | 6.8% | 10.4% | 10.6% | 5.5% | 3.7% |
| Share price at fiscal year-end | $58.41 | $43.76 | $33.14 | $39.37 | $47.25 | $35.76 | $40.61 | $29.73 | $41.98 | $35.63 |
| Per share | ||||||||||
| Revenue per share | $25.60 | $27.23 | $25.57 | $18.98 | $16.34 | $17.93 | $17.88 | $15.31 | $12.81 | $11.00 |
| Earnings per share | $4.20 | $3.33 | $3.37 | $4.34 | $5.43 | $2.47 | $3.97 | $3.58 | $3.28 | $1.99 |
| Operating cash flow per share | $5.08 | $4.41 | $6.21 | $8.62 | $5.32 | $0.26 | $3.76 | $3.68 | $3.74 | $2.84 |
| Free cash flow per share | $4.68 | $4.14 | $5.85 | $8.36 | $5.03 | −$0.02 | $2.95 | $3.20 | $2.86 | $2.27 |
| Cash per share | $113.41 | $96.69 | $87.48 | $72.39 | $81.65 | $84.04 | $53.85 | $49.44 | $46.24 | $44.64 |
| Book value per share | $60.43 | $53.48 | $51.06 | $49.58 | $54.79 | $52.95 | $49.20 | $43.33 | $40.24 | $37.69 |
| Tangible book value per share | $41.37 | $35.11 | $33.56 | $32.06 | $37.99 | $32.71 | $30.02 | $27.15 | $24.92 | $23.02 |
| Dividends per share | $2.04 | $1.99 | $1.95 | $1.87 | $1.83 | $1.80 | $1.51 | $1.01 | $0.67 | $0.49 |
| Capex per share | $0.40 | $0.27 | $0.36 | $0.26 | $0.29 | $0.28 | $0.81 | $0.48 | $0.87 | $0.58 |
| Debt per share | $25.91 | $27.34 | $29.31 | $33.26 | $16.39 | $20.36 | $31.42 | $34.09 | $27.66 | $31.80 |
| Shares outstanding | 435.5M | 453.5M | 476.7M | 477.8M | 427.4M | 428.2M | 451.2M | 480.4M | 503.7M | 523.9M |
| Change in shares outstanding | −4.0% | −4.9% | −0.2% | +11.8% | −0.2% | −5.1% | −6.1% | −4.6% | −3.9% | −2.7% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.2% | 6.2% | 6.7% | 8.8% | 10.1% | 4.7% | 8.3% | 8.4% | 8.3% | 5.3% |
| Return on invested capital (ROIC) | — | — | — | 800.4% | — | — | 14.0% | 14.1% | 13.8% | 8.6% |
| Return on assets (ROA) | 0.8% | 0.7% | 0.7% | 1.0% | 1.2% | 0.6% | 1.1% | 1.1% | 1.1% | 0.7% |
| Return on tangible assets | 0.8% | 0.7% | 0.8% | 0.9% | 1.3% | 0.6% | 1.1% | 1.1% | 1.1% | 0.7% |
| Free cash flow margin | 18.3% | 15.2% | 22.9% | 44.0% | 30.8% | −0.1% | 16.5% | 20.9% | 22.4% | 20.6% |
| Income quality (OCF / net income) | 1.21 | 1.33 | 1.84 | 1.99 | 0.98 | 0.11 | 0.95 | 1.03 | 1.14 | 1.43 |
| Financial health | ||||||||||
| Total debt | $11.28B | $12.40B | $13.97B | $15.89B | $7.01B | $8.72B | $14.18B | $16.38B | $13.93B | $16.66B |
| Cash & short-term investments | $49.38B | $43.85B | $41.70B | $34.59B | $34.90B | $35.98B | $24.30B | $23.75B | $23.29B | $23.39B |
| Net debt | −$38.10B | −$31.45B | −$27.73B | −$18.70B | −$27.89B | −$27.26B | −$10.12B | −$7.38B | −$9.36B | −$6.73B |
| Debt / equity | 0.43 | 0.51 | 0.57 | 0.67 | 0.30 | 0.38 | 0.64 | 0.79 | 0.69 | 0.84 |
| Debt / assets | 0.05 | 0.06 | 0.06 | 0.07 | 0.04 | 0.05 | 0.09 | 0.10 | 0.09 | 0.11 |
| Net debt / EBITDA | −13.58 | −13.18 | −11.06 | −5.81 | −7.74 | −14.53 | −3.51 | −2.76 | −3.90 | −3.28 |
| Current ratio | 1.04 | 0.25 | 0.24 | 0.20 | 0.24 | 156.17 | — | 77.99 | 64.57 | 36.63 |
| Quick ratio | 1.04 | 0.25 | 0.32 | 0.20 | 0.30 | 211.90 | — | 78.00 | 64.58 | 36.65 |
| Interest coverage | 0.6 | 0.4 | 0.5 | 2.5 | 8.8 | 1.7 | 1.4 | 1.8 | 2.6 | 3.0 |
| Working capital | $7.96B | −$131.89B | −$135.00B | −$144.68B | −$117.99B | $37.71B | $26.82B | $127.27B | $117.98B | $114.42B |
| Invested capital | −$11.79B | −$7.19B | −$3.39B | $4.99B | −$4.47B | −$4.59B | $12.08B | $13.44B | $10.91B | $13.02B |
| Tangible asset value | $18.02B | $15.92B | $16.00B | $15.32B | $16.24B | $14.01B | $13.55B | $13.04B | $12.55B | $12.06B |
| Net current asset value | −$8.70B | −$148.39B | −$154.77B | −$167.00B | −$128.55B | −$122.73B | −$116.70B | −$10.78B | −$12.23B | −$12.14B |
| Graham number | $75.61 | $63.28 | $62.25 | $69.57 | $81.78 | $54.23 | $66.29 | $59.10 | $54.50 | $41.13 |
| Graham net-net per share | −$101.47 | −$327.77 | −$340.13 | −$350.28 | −$313.32 | −$303.60 | −$264.17 | −$236.83 | −$211.27 | −$197.73 |
| Capital allocation | ||||||||||
| Dividends paid | $888.0M | $903.0M | $928.0M | $892.0M | $783.0M | $770.0M | $682.0M | $485.0M | $336.0M | $255.0M |
| Share buybacks (net) | $1.00B | $1.35B | $906.0M | $153.0M | $545.0M | $270.0M | $1.22B | $1.02B | $820.0M | $430.0M |
| Dividend payout ratio | 48.5% | 59.8% | 57.7% | 43.0% | 33.8% | 72.8% | 38.1% | 28.2% | 20.3% | 24.4% |
| Dividends + buybacks / free cash flow | 92.7% | 119.9% | 65.8% | 26.2% | 61.7% | — | 142.9% | 98.4% | 80.1% | 57.7% |
| Capex / revenue | 1.6% | 1.0% | 1.4% | 1.4% | 1.8% | 1.5% | 4.5% | 3.2% | 6.8% | 5.3% |
| Capex / operating cash flow | 7.9% | 6.1% | 5.8% | 3.1% | 5.5% | 106.3% | 21.6% | 13.1% | 23.4% | 20.3% |
| Capex / depreciation | 0.36 | 0.24 | 0.36 | 0.22 | 0.20 | 0.20 | 0.58 | 0.47 | 0.90 | 0.59 |
| Stock-based compensation / revenue | 1.1% | 0.8% | 0.7% | 0.9% | 0.8% | 0.6% | 0.5% | 0.6% | 0.7% | 0.4% |
| SG&A / revenue | 27.8% | 24.2% | 24.2% | 31.0% | 33.1% | 29.8% | 26.5% | 28.7% | 31.1% | 33.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 2,340.6 | 32.1 | 39.0 | 60.3 | 91.6 | 107.1 | 123.1 | 150.6 | 195.7 | 244.9 |
| Days of inventory on hand | — | — | -1,111.1 | — | 59,624.3 | -1,320.5 | -347.8 | -5.3 | -12.1 | -14.8 |
| Days payables outstanding | — | — | — | 40,179.4 | -764,282.1 | 20,832.4 | 22,709.4 | 27,594.2 | 38,429.7 | 44,187.7 |
| Cash conversion cycle (days) | — | — | — | -40,119.1 | 823,998.0 | -22,045.8 | -22,934.0 | -27,448.8 | -38,246.2 | -43,957.6 |
| Receivables turnover | 0.16 | 11.35 | 9.36 | 6.05 | 3.98 | 3.41 | 2.97 | 2.42 | 1.87 | 1.49 |
| Payables turnover | — | — | — | 0.01 | −0.00 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 |
| Asset turnover | 0.05 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 |
| Average receivables | $71.49B | $1.09B | $1.30B | $1.50B | $1.75B | $2.25B | $2.72B | $3.04B | $3.46B | $3.87B |
| Average payables | — | — | — | $167.54B | $150.76B | $136.24B | $122.44B | $117.33B | $112.45B | $106.17B |
| Average inventory | — | — | −$14.15B | — | −$11.76B | −$8.64B | −$1.88B | −$22.5M | −$35.5M | −$35.5M |
| Intangibles / total assets | 3.7% | 3.8% | 3.8% | 3.7% | 3.8% | 4.7% | 5.2% | 4.8% | 5.1% | 5.1% |
Computed from CFG's annual financial statements (latest annual report filed February 12, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CFG valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Citizens Financial traded at 13.9 times earnings, against a 10-year median of 11.5. Based on the latest twelve months, the trailing P/E is 13.8 and the forward P/E is 9.9. Citizens Financial earned a return on equity of 7.2% in fiscal 2025. It ended the year with $11.3 billion of debt and $49.4 billion in cash and short-term investments, a net cash position of $38.1 billion. It returned $1.9 billion to shareholders: $888.0 million in dividends and $1.0 billion in share buybacks, 93% of free cash flow. The share count fell 16.9% from 523.9M to 435.5M over 9 years.
See the CFG income statement, the CFG chart for price history, or the CFG stock overview for the latest quote and news.
CFG key metrics FAQ
What is Citizens Financial's P/E ratio?
Citizens Financial's trailing P/E ratio is 13.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 9.9. At the end of fiscal 2025 it was 13.9, compared with a 10-year median of 11.5.
What is Citizens Financial's return on equity?
Citizens Financial's return on equity (ROE) was 7.2% in fiscal 2025: net income of $1.8 billion on average shareholders' equity of $25.3 billion.
How much debt does Citizens Financial have?
Citizens Financial had total debt of $11.3 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.43 and more cash than debt.
What is Citizens Financial's dividend yield?
Citizens Financial's forward dividend yield is 2.90%. Citizens Financial paid $888.0 million in dividends in fiscal 2025 ($2.04 per share), a payout ratio of 48.5%.
Does Citizens Financial buy back its shares?
Yes. Citizens Financial spent $1.0 billion on net share repurchases in fiscal 2025 Shares outstanding changed −4.0% over the year, to 435.5M..
What is Citizens Financial's free cash flow yield?
Citizens Financial generated $2.0 billion of free cash flow in fiscal 2025, a free cash flow yield of 8.0% on its market value at year-end ($25.4 billion).
What is Citizens Financial's current ratio?
Citizens Financial's current ratio was 1.04 at the end of fiscal 2025: current assets were 1.04 times current liabilities.