KPIs & Operating Metrics(New)

Citigroup (C) Tax Rate (2016 - 2025)

Citigroup (C) has disclosed Tax Rate for 15 consecutive years, with 25.0% as the latest value for Q1 2024.

  • On a quarterly basis, Tax Rate changed N/A to 25.0% in Q1 2024 year-over-year; TTM through Mar 2024 was 24.86%, a N/A change, with the full-year FY2022 number at 19.37%, down 48.0% from a year prior.
  • Tax Rate was 25.0% for Q1 2024 at Citigroup, up from 19.8% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 25.0% in Q1 2024 to a low of 0.56% in Q2 2020.
  • A 4-year average of 16.11% and a median of 19.06% in 2020 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: crashed -2171bps in 2020, then surged 1516bps in 2021.
  • Citigroup's Tax Rate stood at 19.06% in 2020, then crashed by -79bps to 4.0% in 2021, then surged by 395bps to 19.8% in 2022, then increased by 26bps to 25.0% in 2024.
  • Per Business Quant, the three most recent readings for C's Tax Rate are 25.0% (Q1 2024), 19.8% (Q2 2022), and 17.87% (Q1 2022).