Latest Ratios: P/E Ratio 6.7x · EV/EBITDA 3.9x · ROE 7.2%. (2012–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $12.1B | $11.5B | $11.8B | — | — | — | — | — | — | — | — |
| Enterprise Value | $10.6B | $10.0B | $13.0B | — | — | — | — | — | — | — | — |
| P/E Ratio → | 6.66 | 6.83 | 8.58 | — | — | — | — | — | — | — | — |
| P/S Ratio | 1.08 | 1.03 | 0.95 | — | — | — | — | — | — | — | — |
| P/B Ratio | 0.43 | 0.44 | 0.49 | — | — | — | — | — | — | — | — |
| P/FCF | 5.92 | 5.63 | 6.28 | — | — | — | — | — | — | — | — |
| P/OCF | 5.46 | 5.19 | 5.89 | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.90 | 1.05 | — | — | — | — | — | — | — | — |
| EV / EBITDA | 3.94 | 3.72 | 5.43 | — | — | — | — | — | — | — | — |
| EV / EBIT | 4.56 | 4.31 | 6.86 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 4.92 | 6.90 | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 69.8% | 69.8% | 57.6% | 61.8% | 83.2% | 101.0% | 68.9% | 75.6% | 78.9% | 83.5% | 84.8% |
| Operating Margin | 20.9% | 20.9% | 15.3% | 16.7% | 29.3% | 42.6% | 16.9% | 27.9% | 29.7% | 29.6% | 26.6% |
| Net Profit Margin | 16.4% | 16.4% | 12.2% | 13.2% | 22.9% | 33.2% | 13.8% | 22.2% | 23.4% | 25.6% | 18.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.2% | 7.2% | 6.2% | 6.7% | 8.8% | 10.1% | 4.7% | 8.3% | 8.4% | 8.3% | 5.3% |
| ROA | 0.8% | 0.8% | 0.7% | 0.7% | 1.0% | 1.2% | 0.6% | 1.1% | 1.1% | 1.1% | 0.7% |
| ROIC | 4.7% | 4.7% | 3.8% | 3.9% | 5.7% | 7.2% | 2.9% | 4.5% | 4.5% | 4.0% | 3.3% |
| ROCE | 5.6% | 5.6% | 4.4% | 4.5% | 6.6% | 8.5% | 3.4% | 5.8% | 6.0% | 5.5% | 4.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.43 | 0.43 | 0.51 | 0.57 | 0.67 | 0.30 | 0.38 | 0.65 | 0.83 | 0.71 | 0.87 |
| Debt / EBITDA | 4.19 | 4.19 | 5.20 | 5.57 | 4.93 | 1.95 | 4.58 | 4.97 | 6.45 | 6.02 | 8.37 |
| Net Debt / Equity | — | -0.05 | 0.05 | 0.08 | 0.21 | -0.11 | -0.20 | 0.48 | 0.63 | 0.55 | 0.66 |
| Net Debt / EBITDA | -0.54 | -0.54 | 0.49 | 0.77 | 1.57 | -0.69 | -2.37 | 3.69 | 4.87 | 4.67 | 6.35 |
| Debt / FCF | — | -0.71 | 0.62 | 0.70 | 1.26 | -1.15 | — | 6.64 | 8.48 | 7.77 | 10.96 |
| Interest Coverage | 0.61 | 0.61 | 0.41 | 0.51 | 2.53 | 8.78 | 1.68 | 1.43 | 1.78 | 2.56 | 3.02 |
Net cash position: cash ($12.7B) exceeds total debt ($11.3B)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.04 | 1.04 | 0.25 | 0.24 | 0.20 | 0.24 | 0.25 | 0.21 | 0.22 | 0.22 | 0.24 |
| Quick Ratio | 1.04 | 1.04 | 0.25 | 0.24 | 0.20 | 0.24 | 0.25 | 0.21 | 0.22 | 0.22 | 0.24 |
| Cash Ratio | 0.07 | 0.07 | 0.06 | 0.07 | 0.06 | 0.06 | 0.09 | 0.03 | 0.03 | 0.03 | 0.04 |
| Asset Turnover | — | 0.05 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 6.7% | 6.6% | 6.5% | — | — | — | — | — | — | — | — |
| Payout Ratio | 41.2% | 41.2% | 51.0% | 50.2% | 37.6% | 28.9% | 63.6% | 34.4% | 27.4% | 19.5% | 23.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 15.0% | 14.6% | 11.7% | — | — | — | — | — | — | — | — |
| FCF Yield | 16.9% | 17.8% | 15.9% | — | — | — | — | — | — | — | — |
| Buyback Yield | 8.3% | 8.7% | 11.4% | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 15.0% | 15.3% | 18.0% | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $435M | $454M | $477M | $478M | $427M | $428M | $451M | $480M | $504M | $524M |
Margin compression and credit
Based on recent market data, Citizens Financial Group trades at a P/B of 0.42, which significantly trails the peer group average and suggests that investors are pricing the bank as a commodity balance sheet rather than a premium franchise with sustainable growth prospects.
The low P/B multiple appears to reflect deep skepticism regarding the bank's ability to generate a return on tangible equity that exceeds its cost of capital. This valuation gap warrants further investigation into whether the market is discounting the bank's digital-first national lending strategy due to the recent revenue contraction.
As reported in quarterly financial statements, the bank's ROE has remained suppressed near 2.0%, indicating that the combination of compressed net interest margins and inconsistent non-interest income is severely limiting the bank's ability to drive meaningful bottom-line profitability through its current operating model.
The DuPont analysis suggests that the bank's profitability is currently hindered by both asset utilization challenges and a reliance on volatile fee income. Investors should monitor whether the recent efficiency ratio spikes indicate a structural inability to control costs during periods of top-line revenue pressure.
According to the provided quarterly data, the net interest margin has stagnated between 0.6% and 0.7%, reflecting a persistent inability to pass through funding costs to customers while maintaining a competitive yield on the bank's interest-earning asset base.
This margin compression appears to be a primary driver of the bank's strained profitability, as the efficiency ratio has shown significant volatility. The bank's reliance on a high fixed-cost branch network may be exacerbating these pressures, making it difficult to achieve operating leverage in the current environment.
The reported debt-to-equity ratio of 0.43% is frequently misapplied by analysts to suggest a fortress balance sheet, yet this figure likely excludes core deposit liabilities, thereby masking the true extent of the bank's financial leverage and sensitivity to interest rate fluctuations.
Investors should instead focus on the equity-to-assets ratio, which provides a more accurate representation of the bank's capital buffer. Relying on standard debt-to-equity metrics for a depository institution like Citizens Financial Group may lead to a fundamental misunderstanding of the bank's actual risk profile.
Includes 30+ ratios · 14 years · Updated daily
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Quick answers to the most common questions about buying CFG-PH stock.
Citizens Financial Group, Inc.'s current P/E ratio is 6.7x. The historical average is 7.7x.
Citizens Financial Group, Inc.'s current EV/EBITDA is 3.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.6x.
Citizens Financial Group, Inc.'s return on equity (ROE) is 7.2%. The historical average is 5.0%.
Based on historical data, Citizens Financial Group, Inc. is trading at a P/E of 6.7x. Compare with industry peers and growth rates for a complete picture.
Citizens Financial Group, Inc.'s current dividend yield is 6.74% with a payout ratio of 41.2%.
Citizens Financial Group, Inc. has 69.8% gross margin and 20.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Citizens Financial Group, Inc.'s Debt/EBITDA ratio is 4.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.