Citizens Financial Group
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
12.089.66
Price/Sales ratio
2.452.27
Earnings per Share (EPS)
$4.00$5.00

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
15.9916.6917.8012.768.2710.1918.118.679.039.7915.018.27
Price/Sales ratio
2.952.903.533.692.322.812.213.022.33652.751.882.81
Price/Book Value ratio
0.710.710.941.030.680.820.670.850.790.640.780.68
Price/Cash Flow ratio
9.9511.4112.4811.198.0510.76137.588.844.545.319.658.05
Price/Free Cash Flow ratio
12.8215.0815.6714.6011.1013.72-2.18K9.354.695.6410.1413.72
Price/Earnings Growth ratio
-0.12N/A0.650.190.811.59-0.370.05-0.44-0.410.081.59
Dividend Yield
5.82%1.57%1.37%1.59%3.40%3.73%5.04%3.89%4.76%5.89%3.85%3.40%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%99.93%33.99%99.44%100%
Operating Profit Margin
39.90%42.28%45.57%52.23%55.62%34.67%18.79%44.78%46.16%N/A16.83%34.67%
Pretax Profit Margin
27.03%26.18%29.19%33.50%35.62%34.67%18.79%44.78%33.10%8416.25%15.51%34.67%
Net Profit Margin
18.43%17.41%19.88%28.94%28.08%27.59%12.20%34.88%25.84%6666.66%12.69%27.59%
Effective Tax Rate
31.78%33.49%31.87%13.59%21.16%20.43%18.56%22.10%21.92%20.78%18.17%20.43%
Return on Assets
0.65%0.60%0.69%1.08%1.07%1.08%0.45%1.23%0.91%0.72%0.59%1.08%
Return On Equity
4.48%4.27%5.29%8.15%8.26%8.06%3.71%9.90%8.75%6.60%5.35%8.06%
Return on Capital Employed
1.47%1.50%1.63%1.98%2.14%1.35%0.70%1.58%1.63%N/A1.36%1.35%
Liquidity Ratios
Current Ratio
0.180.170.170.170.160.160.03N/AN/AN/A0.360.16
Quick Ratio
16.2440.8936.6464.5778.003.39K211.90636.58105.33N/A0.363.39K
Cash ratio
0.581.301.291.732.55409.2253.65128.023.61KN/A0.12409.22
Days of Sales Outstanding
310.14299.32257.34201.07171.60142.65104.0287.0966.25N/AN/A142.65
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/A66.25N/AN/AN/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/A66.25N/AN/AN/A
Debt Ratios
Debt Ratio
0.080.090.100.080.100.080.030.020.070.060.060.08
Debt Equity Ratio
0.560.630.810.670.770.630.300.210.670.550.550.63
Long-term Debt to Capitalization
0.190.330.390.360.400.380.230.170.400.340.320.38
Total Debt to Capitalization
0.360.380.440.400.430.380.230.170.400.350.350.38
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.36N/A
Cash Flow to Debt Ratio
0.120.090.090.130.100.120.010.440.250.210.140.10
Company Equity Multiplier
6.897.037.577.517.717.468.088.049.579.118.817.71
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.290.250.280.320.280.260.010.340.51122.760.190.26
Free Cash Flow / Operating Cash Flow Ratio
0.770.750.790.760.720.78-0.060.940.960.940.930.72
Cash Flow Coverage Ratio
0.120.090.090.130.100.120.010.440.250.210.140.10
Short Term Coverage Ratio
0.220.460.461.011.06188.559.2531.161.37K5.861.00188.55
Dividend Payout Ratio
93.17%26.30%24.40%20.33%28.18%38.07%91.34%33.76%43.02%57.71%69.93%28.18%