Citizens (CIA) financial statements
Citizens reported revenue of $256M in fiscal 2025, up 0.5% a year over 9 years.
Net income was $15M and the operating margin 6.8%, against 2.2% in 2016.
Free cash flow was $18M.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Citizens's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $245M | $253M | $244M | $251M | $239M | $251M | $233M | $241M | $245M | $256M |
| Operating income | $5M | -$3M | $2M | $6M | -$12M | $31M | $27M | $26M | $15M | $17M |
| Pre-tax income | $5M | -$3M | $2M | $6M | -$12M | $31M | $27M | $26M | $15M | $17M |
| Income tax | $4M | $35M | $13M | $7M | -$1M | -$42M | $1M | $2M | $68,000 | $3M |
| Net income | $2M | -$38M | -$11M | -$1M | -$11M | $73M | $26M | $24M | $15M | $15M |
| Diluted shares | 50M | 50M | 50M | 50M | 51M | 51M | 51M | 51M | — | — |
| Operating margin | 2.2% | -1.2% | 0.8% | 2.3% | -5.2% | 12.2% | 11.8% | 10.9% | 6.1% | 6.8% |
| Net margin | 0.8% | -15.1% | -4.5% | -0.5% | -4.6% | 29.0% | 11.2% | 10.2% | 6.1% | 5.7% |
Balance sheet
Fiscal years, from Citizens's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $36M | $46M | $45M | $46M | $34M | $27M | $24M | $27M | $29M | $23M |
| Receivables | $13M | $13M | $13M | $13M | $11M | $11M | $12M | $11M | $12M | $11M |
| Property, plant and equipment | $8M | $7M | $6M | $6M | $16M | $14M | $13M | $12M | $11M | $10M |
| Goodwill | $17M | $13M | $13M | $13M | — | — | — | — | — | — |
| Total assets | $1.6B | $1.6B | $1.6B | $1.7B | $1.8B | $1.9B | $1.6B | $1.7B | $1.7B | $1.8B |
| Total liabilities | $1.3B | $1.4B | $1.4B | $1.5B | $1.5B | $1.5B | $1.5B | $1.5B | $1.5B | $1.5B |
| Shareholders' equity | $249M | $224M | $188M | $260M | $301M | $100M | $128M | $172M | $210M | $235M |
| Net debt | -$36M | -$46M | -$45M | -$46M | -$34M | -$27M | -$23M | -$27M | -$29M | -$23M |
Cash flow
Fiscal years, from Citizens's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $102M | $93M | $85M | $72M | $49M | $40M | $57M | $22M | $32M | $18M |
| Capital spending | $2M | $1M | $724,000 | $511,000 | $221,000 | $1M | $100,000 | $442,000 | $663,000 | $447,000 |
| Free cash flow | $100M | $92M | $84M | $72M | $49M | $39M | $57M | $22M | $31M | $18M |
| Stock-based compensation | $0 | $0 | $410,000 | $2M | $2M | $700,000 | $600,000 | $900,000 | — | — |
| Free cash flow margin | 40.8% | 36.3% | 34.4% | 28.6% | 20.4% | 15.7% | 24.4% | 9.0% | 12.8% | 6.9% |
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Open CIA in InvestinglyQuestions
What was Citizens's revenue in 2025?
$256M in fiscal 2025, from its 10-K filing.
How much free cash flow does Citizens generate?
$18M in fiscal 2025 (operating cash flow minus capital spending).
From Citizens's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.