Citizens, Inc. key statistics and ratios

In fiscal 2025, Citizens, Inc. had return on equity of 6.6%, a net margin of 5.7% and debt equal to 0.0% of equity. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Citizens, Inc.: financial ratios, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Net margin	9.2%	7.7%	4.4%	2.2%	2.2%	−2.6%	−1.3%	0.8%	−15.1%	−4.5%	−0.5%	−4.6%	29.0%	11.2%	10.2%	6.1%	5.7%	4.5%
Free-cash-flow margin	27.1%	30.7%	32.2%	33.9%	37.9%	42.3%	36.6%	40.8%	36.3%	34.4%	28.6%	20.4%	15.7%	24.4%	9.0%	12.8%	6.9%	5.9%
Return on equity	8.3%	6.9%	3.6%	1.8%	1.9%	−2.3%	−1.2%	0.8%	−16.1%	−5.4%	−0.6%	−3.9%	36.3%	22.8%	16.3%	7.8%	6.6%	4.9%
Return on assets	—	1.5%	0.8%	0.4%	0.4%	−0.5%	−0.2%	0.1%	−2.4%	−0.7%	−0.1%	−0.6%	3.9%	1.5%	1.5%	0.9%	0.8%	0.7%
Asset turnover	—	0.19	0.19	0.18	0.18	0.17	0.16	0.16	0.16	0.15	0.15	0.13	0.14	0.14	0.15	0.15	0.15	0.15
Debt to equity	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Effective tax rate	15.8%	20.0%	25.1%	25.0%	30.8%	—	—	64.1%	—	—	—	—	—	5.0%	6.6%	0.5%	16.5%	18.3%
Capital spending as % of revenue	0.5%	1.1%	0.9%	0.3%	0.2%	0.2%	0.2%	0.9%	0.5%	0.3%	0.2%	0.1%	0.4%	0.0%	0.2%	0.3%	0.2%	0.2%
Free cash flow ÷ net income	294.9%	397.7%	736.6%	>999%	>999%	—	—	>999%	—	—	—	—	54.3%	218.5%	88.4%	209.6%	120.2%	129.0%
Dividends and buybacks ÷ free cash flow	—	—	—	—	—	—	—	—	—	—	0.0%	0.0%	23.0%	4.8%	4.3%	0.0%	—	—

US$ thousands unless shown otherwise. Fiscal quarters.

Citizens, Inc.: financial ratios, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Net margin	4.5%	5.7%	−2.9%	9.9%	3.8%	10.2%	3.8%	−0.7%
Free-cash-flow margin	15.1%	16.9%	1.2%	5.1%	7.3%	12.5%	−1.1%	3.3%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Citizens, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Citizens, Inc.