Citigroup annual debt-to-equity ratio
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Citigroup Debt-to-Equity Ratio Growth & History (C)
Citigroup's debt-to-equity ratio was 1.75 for fiscal 2025.
View full Citigroup company overviewCitigroup annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.75 | 0.12 | +7.56% |
| 2024 | 2024-12-31 | 1.62 | 0.03 | +2.04% |
| 2023 | 2023-12-31 | 1.59 | −0.01 | −0.47% |
| 2022 | 2022-12-31 | 1.60 | 0.19 | +13.16% |
| 2021 | 2021-12-31 | 1.41 | −0.11 | −7.37% |
| 2020 | 2020-12-31 | 1.53 | −0.01 | −0.76% |
| 2019 | 2019-12-31 | 1.54 | 0.17 | +12.72% |
| 2018 | 2018-12-31 | 1.36 | −0.04 | −2.61% |
| 2017 | 2017-12-31 | 1.40 | 0.35 | +33.11% |
| 2016 | 2016-12-31 | 1.05 | 0.05 | +4.99% |
| 2015 | 2015-12-31 | 1.00 | −0.34 | −25.14% |
| 2014 | 2014-12-31 | 1.34 | −0.03 | −2.31% |
| 2013 | 2013-12-31 | 1.37 | −0.17 | −11.11% |
| 2012 | 2012-12-31 | 1.54 | −0.58 | −27.46% |
| 2011 | 2011-12-31 | 2.13 | −0.69 | −24.46% |
| 2010 | 2010-12-31 | 2.81 | −0.02 | −0.74% |
| 2009 | 2009-12-31 | 2.83 | −0.60 | −17.43% |
| 2008 | 2008-12-31 | 3.43 | — | — |
Citigroup quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.90 | 0.13 | +7.56% |
| Q1 2026 | 2026-03-31 | 1.80 | 0.16 | +9.90% |
| Q4 2025 | 2025-12-31 | 1.75 | 0.12 | +7.56% |
| Q3 2025 | 2025-09-30 | 1.75 | 0.11 | +6.84% |
| Q2 2025 | 2025-06-30 | 1.77 | 0.22 | +14.25% |
| Q1 2025 | 2025-03-31 | 1.64 | 0.09 | +5.57% |
| Q4 2024 | 2024-12-31 | 1.62 | 0.03 | +2.04% |
| Q3 2024 | 2024-09-30 | 1.64 | 0.11 | +6.90% |
| Q2 2024 | 2024-06-30 | 1.55 | 0.02 | +1.46% |
| Q1 2024 | 2024-03-31 | 1.55 | 0.00 | +0.05% |
| Q4 2023 | 2023-12-31 | 1.59 | −0.01 | −0.47% |
| Q3 2023 | 2023-09-30 | 1.54 | 0.01 | +0.50% |
| Q2 2023 | 2023-06-30 | 1.52 | 0.01 | +0.90% |
| Q1 2023 | 2023-03-31 | 1.55 | 0.10 | +6.72% |
| Q4 2022 | 2022-12-31 | 1.60 | 0.19 | +13.16% |
| Q3 2022 | 2022-09-30 | 1.53 | 0.08 | +5.55% |
| Q2 2022 | 2022-06-30 | 1.51 | 0.03 | +2.07% |
| Q1 2022 | 2022-03-31 | 1.45 | 0.01 | +0.93% |
| Q4 2021 | 2021-12-31 | 1.41 | −0.11 | −7.37% |
| Q3 2021 | 2021-09-30 | 1.45 | −0.17 | −10.51% |
| Q2 2021 | 2021-06-30 | 1.48 | −0.21 | −12.28% |
| Q1 2021 | 2021-03-31 | 1.44 | −0.25 | −14.63% |
| Q4 2020 | 2020-12-31 | 1.53 | −0.01 | −0.76% |
| Q3 2020 | 2020-09-30 | 1.62 | 0.19 | +13.21% |
| Q2 2020 | 2020-06-30 | 1.69 | 0.18 | +11.78% |
| Q1 2020 | 2020-03-31 | 1.69 | 0.22 | +15.28% |
| Q4 2019 | 2019-12-31 | 1.54 | 0.17 | +12.72% |
| Q3 2019 | 2019-09-30 | 1.43 | 0.06 | +4.69% |
| Q2 2019 | 2019-06-30 | 1.51 | 0.14 | +10.15% |
| Q1 2019 | 2019-03-31 | 1.46 | 0.11 | +7.75% |
| Q4 2018 | 2018-12-31 | 1.36 | −0.04 | −2.61% |
| Q3 2018 | 2018-09-30 | 1.37 | 0.18 | +14.79% |
| Q2 2018 | 2018-06-30 | 1.37 | 0.23 | +20.38% |
| Q1 2018 | 2018-03-31 | 1.36 | 0.33 | +31.94% |
| Q4 2017 | 2017-12-31 | 1.40 | 0.35 | +33.11% |
| Q3 2017 | 2017-09-30 | 1.19 | 0.16 | +15.48% |
| Q2 2017 | 2017-06-30 | 1.14 | 0.16 | +16.81% |
| Q1 2017 | 2017-03-31 | 1.03 | 0.02 | +2.32% |
| Q4 2016 | 2016-12-31 | 1.05 | 0.05 | +4.99% |
| Q3 2016 | 2016-09-30 | 1.03 | −0.04 | −3.64% |
| Q2 2016 | 2016-06-30 | 0.97 | −0.11 | −10.10% |
| Q1 2016 | 2016-03-31 | 1.01 | −0.16 | −13.67% |
| Q4 2015 | 2015-12-31 | 1.00 | −0.34 | −25.14% |
| Q3 2015 | 2015-09-30 | 1.07 | −0.29 | −21.39% |
| Q2 2015 | 2015-06-30 | 1.08 | −0.27 | −20.07% |
| Q1 2015 | 2015-03-31 | 1.16 | −0.19 | −13.81% |
| Q4 2014 | 2014-12-31 | 1.34 | −0.03 | −2.31% |
| Q3 2014 | 2014-09-30 | 1.36 | −0.04 | −2.62% |
| Q2 2014 | 2014-06-30 | 1.36 | −0.07 | −5.07% |
| Q1 2014 | 2014-03-31 | 1.35 | −0.11 | −7.53% |
| Q4 2013 | 2013-12-31 | 1.37 | −0.17 | −11.11% |
| Q3 2013 | 2013-09-30 | 1.40 | −0.32 | −18.75% |
| Q2 2013 | 2013-06-30 | 1.43 | −0.46 | −24.33% |
| Q1 2013 | 2013-03-31 | 1.46 | −0.56 | −27.55% |
| Q4 2012 | 2012-12-31 | 1.54 | −0.58 | −27.46% |
| Q3 2012 | 2012-09-30 | 1.72 | −0.53 | −23.72% |
| Q2 2012 | 2012-06-30 | 1.89 | −0.52 | −21.76% |
| Q1 2012 | 2012-03-31 | 2.02 | −0.64 | −24.22% |
| Q4 2011 | 2011-12-31 | 2.13 | −0.69 | −24.46% |
| Q3 2011 | 2011-09-30 | 2.25 | −0.66 | −22.62% |
| Q2 2011 | 2011-06-30 | 2.41 | −0.86 | −26.22% |
| Q1 2011 | 2011-03-31 | 2.66 | −0.88 | −24.82% |
| Q4 2010 | 2010-12-31 | 2.81 | −0.02 | −0.74% |
| Q3 2010 | 2010-09-30 | 2.91 | −0.24 | −7.70% |
| Q2 2010 | 2010-06-30 | 3.27 | — | — |
| Q1 2010 | 2010-03-31 | 3.54 | — | — |
| Q4 2009 | 2009-12-31 | 2.83 | −0.60 | −17.43% |
| Q3 2009 | 2009-09-30 | 3.15 | — | — |
| Q4 2008 | 2008-12-31 | 3.43 | — | — |
Citigroup debt-to-equity ratio trends
Over the last five fiscal years, Citigroup's debt-to-equity ratio increased from 1.53 to 1.75, a change of 0.22. The latest reported quarter, Q2 2026, shows 1.90.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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