Citi Trends (CTRN) financial statements
Citi Trends reported revenue of $820M in fiscal 2026, up 1.9% a year over 9 years.
Net income was $5M and the operating margin 0.5%, against 2.7% in 2017.
Free cash flow was $624,000, and the company returned $6M in net buybacks.
The diluted share count fell 43% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Citi Trends's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $695M | $755M | $770M | $782M | $783M | $992M | $795M | $748M | $753M | $820M |
| Cost of revenue | — | $466M | $476M | $485M | $472M | $584M | $484M | $463M | $471M | $495M |
| Gross profit | — | $289M | $293M | $297M | $312M | $408M | $311M | $285M | $282M | $325M |
| Selling, general and admin | $231M | $247M | $248M | $260M | $260M | $308M | $279M | $285M | $300M | $313M |
| Operating income | $19M | $23M | $25M | $19M | $32M | $80M | $75M | -$19M | -$39M | $4M |
| Interest expense | $159,000 | $150,000 | $154,000 | $158,000 | $776,000 | $306,000 | $306,000 | $306,000 | $319,000 | $342,000 |
| Pre-tax income | $19M | $24M | $26M | $20M | $31M | $79M | $76M | -$16M | -$37M | $6M |
| Income tax | $6M | $9M | $5M | $3M | $7M | $17M | $17M | -$4M | $6M | $296,000 |
| Net income | $13M | $15M | $21M | $17M | $24M | $62M | $59M | -$12M | -$43M | $5M |
| EPS (diluted) | $0.91 | $1.03 | $1.64 | $1.41 | $2.32 | $6.91 | $7.17 | -$1.46 | -$5.19 | $0.63 |
| Diluted shares | 15M | 14M | 13M | 12M | 10M | 9M | 8M | 8M | 8M | 8M |
| Gross margin | — | 38.3% | 38.1% | 38.0% | 39.8% | 41.1% | 39.1% | 38.1% | 37.5% | 39.6% |
| Operating margin | 2.7% | 3.0% | 3.3% | 2.4% | 4.1% | 8.0% | 9.5% | -2.6% | -5.2% | 0.5% |
| Net margin | 1.9% | 1.9% | 2.8% | 2.1% | 3.1% | 6.3% | 7.4% | -1.6% | -5.7% | 0.6% |
Balance sheet
Fiscal years, from Citi Trends's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $87M | $80M | $68M | $47M | $123M | $50M | $103M | $80M | $61M | $66M |
| Inventory | $135M | $138M | $140M | $138M | $104M | $124M | $106M | $130M | $123M | $114M |
| Total current assets | $237M | $233M | $226M | $201M | $244M | $193M | $223M | $225M | $197M | $193M |
| Property, plant and equipment | $59M | $62M | $56M | $65M | $64M | $75M | $60M | $56M | $51M | $54M |
| Total assets | $333M | $327M | $298M | $459M | $495M | $474M | $544M | $519M | $463M | $471M |
| Total current liabilities | $100M | $109M | $102M | $151M | $183M | $187M | $161M | $170M | $174M | $173M |
| Total liabilities | $109M | $118M | $111M | $288M | $331M | $358M | $378M | $361M | $350M | $355M |
| Shareholders' equity | $224M | $209M | $187M | $171M | $164M | $116M | $166M | $158M | $113M | $116M |
| Net debt | -$49M | -$48M | -$18M | -$20M | -$123M | -$50M | -$103M | -$80M | -$61M | -$66M |
Cash flow
Fiscal years, from Citi Trends's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $40M | $42M | $30M | $43M | $111M | $74M | $6M | -$10M | -$4M | $21M |
| Capital spending | $24M | $21M | $13M | $24M | $17M | $30M | $22M | $15M | $10M | $20M |
| Free cash flow | $16M | $21M | $17M | $18M | $94M | $45M | -$17M | -$24M | -$14M | $624,000 |
| Stock-based compensation | $3M | $2M | $2M | $2M | $3M | $5M | $4M | $4M | $3M | $5M |
| Dividends paid | $4M | $4M | $4M | $4M | $832,000 | — | — | — | — | — |
| Share buybacks (net) | — | -$25M | -$40M | -$28M | -$33M | -$115M | -$10M | — | -$4M | -$6M |
| Free cash flow margin | 2.3% | 2.8% | 2.2% | 2.4% | 12.0% | 4.5% | -2.1% | -3.3% | -1.9% | 0.1% |
| Dividends per share | $0.24 | $0.30 | $0.32 | $0.32 | $0.08 | — | — | — | — | — |
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Open CTRN in InvestinglyQuestions
What was Citi Trends's revenue in 2026?
$820M in fiscal 2026, from its 10-K filing.
How much free cash flow does Citi Trends generate?
$624,000 in fiscal 2026 (operating cash flow minus capital spending).
From Citi Trends's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.