Citizens Financial Group, Inc.

CFGNYSEFinancial Services● Active

$64.36

+$0.38(+0.59%)

Market Cap$27.2B

P/E Ratio—

52W High$68.79

52W Low$39.695

Avg Volume4.6M

Open$64.31

Beta1.02

Free Cash Flow Financials Revenue

Citizens Financial Group, Inc. (CFG) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CFG · free cash flow · updated Jun 8, 2026

Core FCF metrics

CFG · FCF · TTM · margin & CAGR

Free cash flow was $2.04B for FY2025 (fiscal year ending 2025-12-31), up 8.4% year-over-year The FCF margin was 18.3%.

FY2025 Free Cash Flow$2.04B▲ +8.4% YoY

Trailing 12M (TTM)$2.50Btrailing 4 quarters sum

FCF Margin18.3%$2.04B ÷ revenue

3-Year CAGR-20.1%FY2022 → FY2025

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CFG · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.21B(174M)$2.04B▲ +8.4%18.3%

FY2024$2.00B(122M)$1.88B▼ 32.6%15.2%

FY2023$2.96B(172M)$2.79B▼ 30.2%22.9%

FY2022$4.12B(126M)$3.99B▲ +85.6%44.0%

FY2021$2.27B(124M)$2.15B▲ +30828.6%30.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CFG · P/FCF · FCF yield · FCF per share

Citizens Financial Group, Inc. (CFG) trades at a FCF yield of 9.24% and a price-to-free-cash-flow ratio of 11.1x. FCF per share stands at $5.80, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

9.24%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$5.80

TTM FCF ÷ Shares Outstanding

Price / FCF

x11.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x10.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CFG · cash flow statement · operating / investing / financing

For FY2025, Citizens Financial Group, Inc. generated $2.21B in operating cash flow and spent 174M in capital expenditures, yielding $2.04B in free cash flow.

Operating Activities

+$2.21B

Cash from core business operations

2025-12-31

Investing Activities

−$5.97B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$5.88B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.21B) − |CapEx| (174M) = FCF ($2.04B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

CFG vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Citizens Financial Group, Inc.YOU

CFG

$2.04B+8.4%18.3%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Citizens Financial Group, Inc. (CFG) reported free cash flow of $2.04B for FY2025 (fiscal year ending 2025-12-31), up 8.4% year-over-year. The FCF margin was 18.3%.

Based on available data, Citizens Financial Group, Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $3.99B in FY2022.

Citizens Financial Group, Inc.'s FCF yield is 9.24% and price-to-FCF ratio is 11.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CFG free cash flow · 8 questions

Citizens Financial Group, Inc. free cash flow was $2.04B for FY2025, up 8.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.50B.

CFG free cash flowCFG FCFCFG FCF 2025CFG free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Citizens Financial Group, Inc. · Citizens Financial Group, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026