Free Trial
→ Elon just did WHAT!? (From Brownstone Research) (Ad) Buy USB Stock  Free USB Stock Alerts

U.S. Bancorp (USB) Financials

U.S. Bancorp logo
$44.40 -0.39 (-0.87%)
As of 05/20/2025 03:58 PM Eastern
Compare
Annual Income Statements for U.S. Bancorp

Annual Income Statements for U.S. Bancorp

This table shows U.S. Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders		 6,299 5,429 5,825 7,963 4,959 6,914 7,096 6,218 5,888 5,879
Consolidated Net Income / (Loss)		 6,329 5,458 5,838 7,985 4,985 6,946 7,124 6,253 5,944 5,933
Net Income / (Loss) Continuing Operations		 6,329 5,458 5,838 7,985 4,985 6,946 7,124 6,253 5,944 5,933
Total Pre-Tax Income 		7,909 6,865 7,301 10,166 6,051 8,594 8,678 7,517 8,105 8,030
Total Revenue		 27,335 28,013 24,184 22,721 23,226 22,883 22,521 21,697 20,956 20,093
Net Interest Income / (Expense)		 16,289 17,396 14,728 12,494 12,825 13,052 12,919 12,380 11,666 11,001
Total Interest Income		 31,666 30,007 17,945 13,487 14,840 17,494 16,173 14,346 13,134 12,402
Loans and Leases Interest Income		 23,182 22,471 13,804 10,979 12,234 14,261 13,285 11,932 10,931 10,265
Investment Securities Interest Income		 5,111 4,485 3,378 2,365 2,428 2,893 2,616 2,232 2,078 2,001
Other Interest Income		 3,373 3,051 763 143 178 340 272 182 125 136
Total Interest Expense		 15,377 12,611 3,217 993 2,015 4,442 3,254 1,966 1,468 1,401
Deposits Interest Expense		 11,688 8,775 1,872 320 950 2,855 1,869 1,041 622 457
Short-Term Borrowings Interest Expense		 1,107 1,971 565 70 141 360 378 141 92 245
Long-Term Debt Interest Expense		 2,582 1,865 780 603 924 1,227 1,007 784 754 699
Total Non-Interest Income		 11,046 10,617 9,456 10,227 10,401 9,831 9,602 9,317 9,290 9,092
Trust Fees by Commissions		 2,660 2,459 2,209 1,832 1,736 1,673 1,619 1,522 1,427 1,321
Other Service Charges		 6,244 6,172 5,424 6,615 6,848 5,578 5,344 5,174 5,623 6,011
Net Realized & Unrealized Capital Gains on Investments		 -154 -145 20 103 177 73 30 57 22 1.00
Other Non-Interest Income		 2,296 2,131 1,803 1,677 1,640 1,598 1,539 1,529 1,512 1,575
Provision for Credit Losses		 2,238 2,275 1,977 -1,173 3,806 1,504 1,379 1,390 1,324 1,132
Total Non-Interest Expense		 17,188 18,873 14,906 13,728 13,369 12,785 12,464 12,790 11,527 10,931
Salaries and Employee Benefits		 10,554 10,416 9,157 8,728 7,938 6,325 6,162 5,746 5,212 5,979
Net Occupancy & Equipment Expense		 3,320 3,315 2,822 2,776 2,674 2,218 2,041 1,922 1,865 1,878
Marketing Expense		 619 726 456 366 318 426 429 542 435 361
Other Operating Expenses		 1,971 2,771 1,927 1,699 2,263 3,648 3,671 4,405 3,836 2,539
Amortization Expense		 569 636 215 159 176 168 161 175 179 174
Restructuring Charge		 155 1,009 329 0.00 0.00 - - - - -
Income Tax Expense		 1,580 1,407 1,463 2,181 1,066 1,648 1,554 1,264 2,161 2,097
Net Income / (Loss) Attributable to Noncontrolling Interest		 30 29 13 22 26 32 28 35 56 54
Basic Earnings per Share		 $3.79 $3.27 $3.69 $5.11 $3.06 $4.16 $4.15 $3.53 $3.25 $3.18
Weighted Average Basic Shares Outstanding		 1.56B 1.54B 1.49B 1.49B 1.51B 1.58B 1.63B 1.68B 1.72B 1.76B
Diluted Earnings per Share		 $3.79 $3.27 $3.69 $5.10 $3.06 $4.16 $4.14 $3.51 $3.24 $3.16
Weighted Average Diluted Shares Outstanding		 1.56B 1.54B 1.49B 1.49B 1.51B 1.58B 1.64B 1.68B 1.72B 1.77B
Weighted Average Basic & Diluted Shares Outstanding		 1.56B 1.56B 1.53B 1.48B 1.50B 1.52B 1.71B 1.76B 1.81B 1.85B
Cash Dividends to Common per Share		 $1.98 $1.93 $1.88 $1.76 $1.68 $1.58 $1.34 $1.16 $1.07 $1.01

Quarterly Income Statements for U.S. Bancorp

This table shows U.S. Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q2 2024 Q1 2024 Q4 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 6/30/2024 3/31/2024 12/31/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 1,709 - 1,603 1,319 - 1,361 1,698 925 1,812
Consolidated Net Income / (Loss)		 1,716 - 1,611 1,326 - 1,369 1,704 930 1,816
Net Income / (Loss) Continuing Operations		 1,716 - 1,611 1,326 - 1,369 1,704 930 1,816
Total Pre-Tax Income 		2,159 - 2,056 1,673 - 1,751 2,159 1,101 2,297
Total Revenue		 6,928 - 6,838 6,685 - 7,141 7,141 6,336 6,296
Net Interest Income / (Expense)		 4,092 - 4,023 3,985 - 4,415 4,634 4,293 3,827
Total Interest Income		 7,516 - 7,985 7,764 - 7,526 6,964 5,974 4,728
Loans and Leases Interest Income		 5,561 - 5,802 5,749 - 5,643 5,308 4,570 3,652
Investment Securities Interest Income		 1,308 - 1,294 1,175 - 1,077 1,074 988 867
Other Interest Income		 647 - 889 840 - 806 582 416 209
Total Interest Expense		 3,424 - 3,962 3,779 - 3,111 2,330 1,681 901
Deposits Interest Expense		 2,511 - 3,028 2,884 - 1,939 1,505 1,081 534
Short-Term Borrowings Interest Expense		 249 - 296 270 - 740 449 318 169
Long-Term Debt Interest Expense		 664 - 638 625 - 432 376 282 198
Total Non-Interest Income		 2,836 - 2,815 2,700 - 2,726 2,507 2,043 2,469
Trust Fees by Commissions		 680 - 649 641 - 621 590 571 572
Other Service Charges		 1,585 - 1,633 1,485 - 1,554 1,426 1,048 1,421
Net Realized & Unrealized Capital Gains on Investments		 0.00 - -36 2.00 - 3.00 -32 -18 1.00
Other Non-Interest Income		 571 - 569 572 - 548 523 442 475
Provision for Credit Losses		 537 - 568 553 - 821 427 1,192 362
Total Non-Interest Expense		 4,232 - 4,214 4,459 - 4,569 4,555 4,043 3,637
Salaries and Employee Benefits		 2,637 - 2,619 2,691 - 2,646 2,646 2,402 2,260
Net Occupancy & Equipment Expense		 839 - 825 803 - 838 824 749 699
Marketing Expense		 182 - 158 136 - 122 122 144 126
Other Operating Expenses		 451 - 470 528 - 494 559 573 467
Amortization Expense		 123 - 142 146 - 159 160 85 43
Restructuring Charge		 0.00 - 0.00 155 - 310 244 90 42
Income Tax Expense		 443 - 445 347 - 382 455 171 481
Net Income / (Loss) Attributable to Noncontrolling Interest		 7.00 - 8.00 7.00 - 8.00 6.00 5.00 4.00
Basic Earnings per Share		 $1.03 - $0.97 $0.78 - $0.84 $1.04 $0.55 $1.16
Weighted Average Basic Shares Outstanding		 1.56B 1.56B 1.56B 1.56B 1.54B 1.53B 1.53B 1.49B 1.49B
Diluted Earnings per Share		 $1.03 - $0.97 $0.78 - $0.84 $1.04 $0.55 $1.16
Weighted Average Diluted Shares Outstanding		 1.56B 1.56B 1.56B 1.56B 1.54B 1.53B 1.53B 1.49B 1.49B
Weighted Average Basic & Diluted Shares Outstanding		 1.56B 1.56B 1.56B 1.56B 1.56B 1.53B 1.53B 1.53B 1.49B
Cash Dividends to Common per Share		 $0.50 - $0.49 $0.49 - $0.48 $0.48 - $0.48

Annual Cash Flow Statements for U.S. Bancorp

This table details how cash moves in and out of U.S. Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents		 -4,690 7,650 24,637 -33,675 40,175 952 1,948 3,800 4,558 493
Net Cash From Operating Activities		 11,273 8,447 21,119 9,870 3,716 4,889 10,564 6,472 5,336 8,782
Net Cash From Continuing Operating Activities		 11,273 8,447 21,119 9,870 3,716 4,889 10,564 6,472 5,336 8,782
Net Income / (Loss) Continuing Operations		 6,299 5,429 5,825 7,963 4,959 6,914 7,096 6,218 5,888 5,879
Consolidated Net Income / (Loss)		 6,299 5,429 5,825 7,963 4,959 6,914 7,096 6,218 5,888 5,879
Provision For Loan Losses		 2,238 2,275 1,977 -1,173 3,806 1,504 - 1,390 1,324 1,132
Depreciation Expense		 370 382 345 338 351 334 306 293 291 307
Amortization Expense		 569 636 215 159 176 168 161 175 179 174
Non-Cash Adjustments to Reconcile Net Income		 1,797 -275 12,757 2,583 -5,576 -4,031 1,991 -1,604 -2,346 1,290
Net Cash From Investing Activities		 -24,534 18,925 7,500 -57,487 -15,440 -21,560 -8,977 -12,126 -17,958 -21,150
Net Cash From Continuing Investing Activities		 -24,534 18,925 7,500 -57,487 -15,440 -21,560 -8,977 -12,180 -17,958 -21,150
Purchase of Investment Securities		 -39,231 -11,564 -39,188 -103,935 -80,364 -45,615 -23,746 -31,016 -54,797 -47,525
Sale and/or Maturity of Investments		 21,975 26,660 74,006 63,907 58,574 33,926 24,292 26,890 36,839 26,375
Other Investing Activities, net		 -7,278 3,829 -27,318 -17,459 6,350 -9,871 -9,523 -8,054 - -
Net Cash From Financing Activities		 8,571 -19,722 -3,982 13,942 51,899 17,623 361 9,454 17,180 12,861
Net Cash From Continuing Financing Activities		 8,571 -19,722 -3,982 13,942 51,899 17,623 361 9,454 17,180 12,861
Net Change in Deposits		 6,001 -12,291 -17,215 26,313 67,854 16,441 -1,740 12,625 34,192 18,290
Issuance of Debt		 12,017 15,583 8,732 2,626 14,501 19,483 12,078 12,122 10,715 3,051
Issuance of Preferred Equity		 0.00 0.00 437 2,221 486 0.00 565 993 0.00 745
Issuance of Common Equity		 32 951 21 43 15 88 86 159 355 295
Repayment of Debt		 -5,803 -20,592 8,287 -11,402 -26,433 -11,119 -5,440 -10,517 -23,409 -5,311
Repurchase of Preferred Equity		 0.00 0.00 -1,100 -1,250 0.00 0.00 - -1,085 0.00 0.00
Repurchase of Common Equity		 -173 -62 -69 -1,555 -1,672 -4,525 -2,822 -2,631 -2,556 -2,190
Payment of Dividends		 -3,448 -3,311 -3,075 -2,887 -2,852 -2,745 -2,366 -2,212 -2,077 -2,019
Other Financing Activities, Net		 -55 0.00 0.00 -167 0.00 - - - -40 0.00
Cash Interest Paid		 15,382 12,282 2,717 1,061 2,199 4,404 3,056 2,086 1,591 1,434
Cash Income Taxes Paid		 499 645 767 535 1,025 941 365 555 595 742

Quarterly Cash Flow Statements for U.S. Bancorp

This table details how cash moves in and out of U.S. Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 -6,489 - -11,153 15,793 - -6,288 4,414 12,686 11,890 2,528
Net Cash From Operating Activities		 -285 - 2,874 2,661 - 3,873 3,316 842 6,888 3,505
Net Cash From Continuing Operating Activities		 -285 - 2,874 2,661 - 3,873 3,316 842 6,888 3,505
Net Income / (Loss) Continuing Operations		 1,709 - 1,603 1,319 - 1,523 1,361 1,698 925 1,812
Consolidated Net Income / (Loss)		 1,709 - 1,603 1,319 - 1,523 1,361 1,698 925 1,812
Provision For Loan Losses		 537 - 568 553 - 515 821 427 1,192 362
Depreciation Expense		 92 - 92 90 - 95 96 97 90 85
Amortization Expense		 123 - 142 146 - 161 159 160 85 43
Non-Cash Adjustments to Reconcile Net Income		 -2,746 - 469 553 - 1,579 879 -1,540 4,596 1,203
Net Cash From Investing Activities		 -2,548 - -8,328 -4,953 - 5,636 6,546 4,943 34,577 -7,561
Net Cash From Continuing Investing Activities		 -2,548 - -8,328 -4,953 - 5,636 6,546 4,943 34,577 -7,561
Purchase of Investment Securities		 -3,603 - -9,722 -5,472 - -2,674 -2,727 -3,011 -7,531 -3,827
Sale and/or Maturity of Investments		 4,504 - 5,171 1,647 - 3,308 11,494 7,789 39,009 6,457
Other Investing Activities, net		 -3,449 - -3,777 -1,128 - 5,002 -2,221 165 3,099 -10,191
Net Cash From Financing Activities		 -3,656 - -5,699 18,085 - -15,797 -5,448 6,901 -29,575 6,584
Net Cash From Continuing Financing Activities		 -3,656 - -5,699 18,085 - -15,797 -5,448 6,901 -29,575 6,584
Net Change in Deposits		 -5,782 - -4,278 15,751 - -3,243 16,235 -19,237 -32,280 4,046
Issuance of Debt		 5,230 - 837 5,388 - -10,414 -20,796 28,577 -10,169 3,528
Issuance of Common Equity		 16 - 1.00 13 - 936 - 6.00 5.00 -
Repayment of Debt		 -2,101 - -1,380 -2,172 - -2,262 -50 -1,594 13,685 -244
Repurchase of Common Equity		 -160 - -1.00 -49 - -1.00 - -44 -14 -
Payment of Dividends		 -859 - -871 -846 - -813 -837 -807 -802 -746

Annual Balance Sheets for U.S. Bancorp

This table presents U.S. Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets		 678,318 663,491 674,805 573,284 553,905 495,426 467,374 462,040 445,964 421,853
Cash and Due from Banks		 56,502 61,192 53,542 28,905 62,580 22,405 21,453 19,505 15,705 11,147
Trading Account Securities		 167,199 155,952 163,850 140,738 145,601 128,191 112,165 116,053 114,101 108,771
Loans and Leases, Net of Allowance		 372,249 366,456 381,277 0.00 290,393 292,082 282,837 276,507 269,394 256,986
Loans and Leases		 379,832 373,835 388,213 - 297,707 296,102 286,810 280,432 273,207 260,849
Allowance for Loan and Lease Losses		 7,583 7,379 6,936 - 7,314 4,020 3,973 3,925 3,813 3,863
Goodwill		 12,536 12,489 12,373 10,262 9,918 9,655 9,369 9,434 9,344 9,361
Intangible Assets		 5,547 6,084 7,155 3,738 2,864 3,223 3,392 3,228 3,303 3,350
Other Assets		 60,720 57,695 52,750 80,032 39,081 36,168 33,645 311,388 31,674 29,725
Total Liabilities & Shareholders' Equity		 678,318 663,491 674,805 573,284 553,905 495,426 467,374 462,040 445,964 421,853
Total Liabilities		 619,278 607,720 623,573 517,897 500,180 442,943 415,717 412,374 398,031 375,036
Non-Interest Bearing Deposits		 84,158 89,989 137,743 134,901 118,089 75,590 81,811 87,557 86,097 83,766
Interest Bearing Deposits		 434,151 422,323 387,233 321,182 311,681 286,326 263,664 259,658 248,493 216,634
Short-Term Debt		 15,518 15,279 31,216 11,796 11,766 23,723 14,139 16,651 13,963 27,877
Long-Term Debt		 58,002 51,480 39,829 32,125 41,297 40,167 41,340 32,259 33,323 32,078
Other Long-Term Liabilities		 27,449 28,649 27,552 17,893 17,347 17,137 14,763 16,249 16,155 14,681
Total Equity & Noncontrolling Interests		 59,040 55,771 51,232 55,387 53,725 52,483 51,657 49,666 47,933 46,817
Total Preferred & Common Equity		 58,578 55,306 50,766 54,918 53,095 51,853 51,029 49,040 47,298 46,131
Total Common Equity		 58,578 55,306 50,766 54,918 47,112 51,853 45,045 49,040 47,298 46,131
Common Stock		 8,736 8,694 8,733 8,560 8,532 8,496 8,490 -9,117 8,461 8,397
Retained Earnings		 76,863 74,026 71,901 69,201 64,188 63,186 59,065 54,142 50,151 46,377
Treasury Stock		 -24,065 -24,126 -25,269 -27,271 -25,930 - - - -15,280 -13,125
Accumulated Other Comprehensive Income / (Loss)		 -9,764 -10,096 -11,407 -1,943 322 -1,373 -2,322 -1,404 -1,535 -1,019
Other Equity Adjustments		 6,808 6,808 6,808 6,371 - -18,456 -20,188 5,419 5,501 5,501
Noncontrolling Interest		 462 465 466 469 630 630 628 626 635 686

Quarterly Balance Sheets for U.S. Bancorp

This table presents U.S. Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Total Assets		 676,489 678,318 686,469 680,058 683,606 663,491 668,039 680,825 682,377 674,805 600,973
Cash and Due from Banks		 50,013 56,502 73,562 65,832 76,985 61,192 64,354 70,642 67,228 53,542 41,652
Trading Account Securities		 166,528 167,199 164,940 163,867 157,454 155,952 69,543 71,582 67,872 163,850 72,170
Loans and Leases, Net of Allowance		 374,235 372,249 366,604 368,584 367,074 366,456 0.00 0.00 0.00 381,277 0.00
Loans and Leases		 381,819 379,832 374,164 376,133 374,588 373,835 - - - 388,213 -
Allowance for Loan and Lease Losses		 7,584 7,583 7,560 7,549 7,514 7,379 - - - 6,936 -
Goodwill		 12,555 12,536 12,573 12,476 12,479 12,489 12,472 12,486 12,560 12,373 10,125
Intangible Assets		 5,381 5,547 5,488 5,757 6,031 6,084 6,435 6,634 6,883 7,155 4,604
Other Assets		 64,195 60,720 59,717 59,972 60,046 57,695 143,603 143,522 143,253 52,750 132,576
Total Liabilities & Shareholders' Equity		 676,489 678,318 686,469 680,058 683,606 663,491 668,039 680,825 682,377 674,805 600,973
Total Liabilities		 615,931 619,278 627,148 623,173 627,573 607,720 614,461 627,341 628,923 623,573 552,995
Non-Interest Bearing Deposits		 84,086 84,158 86,838 86,756 91,220 89,989 98,006 104,996 124,595 137,743 115,206
Interest Bearing Deposits		 428,439 434,151 434,293 437,029 436,843 422,323 420,352 416,604 380,744 387,233 355,942
Short-Term Debt		 17,158 15,518 23,708 16,557 17,102 15,279 21,900 32,334 56,875 31,216 25,066
Long-Term Debt		 59,859 58,002 54,839 52,720 52,693 51,480 43,074 45,283 42,045 39,829 32,228
Other Long-Term Liabilities		 26,389 27,449 27,470 30,111 29,715 28,649 31,129 28,124 24,664 27,552 24,553
Total Equity & Noncontrolling Interests		 60,558 59,040 59,321 56,885 56,033 55,771 53,578 53,484 53,454 51,232 47,978
Total Preferred & Common Equity		 60,096 58,578 58,859 56,420 55,568 55,306 53,113 53,019 52,989 50,766 47,513
Total Common Equity		 60,096 58,578 58,859 56,420 55,568 55,306 53,113 53,019 52,989 50,766 47,513
Common Stock		 8,699 8,736 8,750 8,709 8,663 8,694 8,705 8,763 8,720 8,733 8,611
Retained Earnings		 77,691 76,863 76,057 75,231 74,473 74,026 74,023 73,355 72,807 71,901 71,782
Treasury Stock		 -24,060 -24,065 -24,010 -24,020 -24,023 -24,126 -24,168 -25,189 -25,193 -25,269 -27,188
Accumulated Other Comprehensive Income / (Loss)		 -9,042 -9,764 -8,746 -10,308 -10,353 -10,096 -12,255 -10,718 -10,153 -11,407 -12,500
Other Equity Adjustments		 6,808 6,808 6,808 6,808 6,808 6,808 6,808 6,808 6,808 6,808 6,808
Noncontrolling Interest		 462 462 462 465 465 465 465 465 465 466 465

Annual Metrics And Ratios for U.S. Bancorp

This table displays calculated financial ratios and metrics derived from U.S. Bancorp's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -2.42% 15.83% 6.44% -2.17% 1.50% 1.61% 3.80% 3.54% 4.30% 0.77%
EBITDA Growth		 12.24% 0.28% -26.28% 62.10% -27.68% -0.54% 14.53% -6.88% 0.75% 0.18%
EBIT Growth		 15.21% -5.97% -28.18% 68.01% -29.59% -0.97% 15.45% -7.25% 0.93% 0.44%
NOPAT Growth		 15.96% -6.51% -26.89% 60.18% -28.23% -2.50% 13.93% 5.20% 0.19% 0.42%
Net Income Growth		 15.96% -6.51% -26.89% 60.18% -28.23% -2.50% 13.93% 5.20% 0.19% 0.42%
EPS Growth		 15.90% -11.38% -27.65% 66.67% -26.44% 0.48% 17.95% 8.33% 2.53% 2.60%
Operating Cash Flow Growth		 33.46% -60.00% 113.97% 165.61% -23.99% -53.72% 63.23% 21.29% -39.24% 64.70%
Free Cash Flow Firm Growth		 -171.10% 130.38% -210.77% 6.14% 735.97% -59.54% -149.59% -83.45% 219.17% 150.07%
Invested Capital Growth		 8.19% 0.21% 23.13% -7.00% -8.24% 8.62% 8.68% 3.53% -10.82% 0.42%
Revenue Q/Q Growth		 0.00% 1.43% 2.89% -0.30% 0.35% -0.69% 0.00% 0.00% 0.37% 0.22%
EBITDA Q/Q Growth		 0.00% -0.33% -11.15% 1.99% 1.18% -3.16% 1,870.91% 1,609.85% -0.13% 0.21%
EBIT Q/Q Growth		 0.00% -1.45% -12.43% 2.18% 1.22% -3.44% 0.00% 0.00% -0.06% 0.29%
NOPAT Q/Q Growth		 0.00% -1.25% -11.36% 1.95% 0.65% -5.04% 0.00% 0.00% 0.03% -0.20%
Net Income Q/Q Growth		 0.00% -1.25% -11.36% 1.95% 0.65% -5.04% 0.00% 0.00% 0.03% -0.20%
EPS Q/Q Growth		 0.00% -2.10% -12.35% 2.62% 0.66% -4.15% 0.00% 0.00% 0.62% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% -43.38% 41.42% 21.88% -21.32% -35.68% 36.40% -25.94% -7.51% 23.39%
Free Cash Flow Firm Q/Q Growth		 0.00% 167.14% -329.92% 39.88% 160.55% -117.51% 91.05% 23.23% 93.21% 1.50%
Invested Capital Q/Q Growth		 0.00% 3.36% 16.15% -6.43% -2.35% 5.79% -7.46% -1.15% -6.71% 1.51%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 32.37% 28.14% 32.51% 46.93% 28.32% 39.75% 40.61% 36.80% 40.92% 42.36%
EBIT Margin		 28.93% 24.51% 30.19% 44.74% 26.05% 37.56% 38.53% 34.65% 38.68% 39.96%
Profit (Net Income) Margin		 23.15% 19.48% 24.14% 35.14% 21.46% 30.35% 31.63% 28.82% 28.36% 29.53%
Tax Burden Percent		 80.02% 79.50% 79.96% 78.55% 82.38% 80.82% 82.09% 83.18% 73.34% 73.89%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 19.98% 20.50% 20.04% 21.45% 17.62% 19.18% 17.91% 16.82% 26.66% 26.11%
Return on Invested Capital (ROIC)		 4.96% 4.46% 5.27% 7.75% 4.47% 6.22% 6.93% 6.45% 5.89% 5.57%
ROIC Less NNEP Spread (ROIC-NNEP)		 4.96% 4.46% 5.27% 7.75% 4.47% 6.22% 6.93% 6.45% 5.89% 5.57%
Return on Net Nonoperating Assets (RNNOA)		 6.06% 5.74% 5.68% 6.89% 4.92% 7.12% 7.14% 6.36% 6.66% 7.47%
Return on Equity (ROE)		 11.03% 10.20% 10.95% 14.64% 9.39% 13.34% 14.06% 12.81% 12.55% 13.04%
Cash Return on Invested Capital (CROIC)		 -2.90% 4.25% -15.46% 15.01% 13.06% -2.05% -1.40% 2.99% 17.32% 5.15%
Operating Return on Assets (OROA)		 1.18% 1.03% 1.17% 1.80% 1.15% 1.79% 1.87% 1.66% 1.87% 1.95%
Return on Assets (ROA)		 0.94% 0.82% 0.94% 1.42% 0.95% 1.44% 1.53% 1.38% 1.37% 1.44%
Return on Common Equity (ROCE)		 10.94% 10.11% 10.86% 13.69% 8.75% 12.41% 13.06% 12.65% 12.37% 12.84%
Return on Equity Simple (ROE_SIMPLE)		 10.80% 9.87% 11.50% 14.54% 9.39% 13.40% 13.96% 12.75% 12.57% 12.86%
Net Operating Profit after Tax (NOPAT)		 6,329 5,458 5,838 7,985 4,985 6,946 7,124 6,253 5,944 5,933
NOPAT Margin		 23.15% 19.48% 24.14% 35.14% 21.46% 30.35% 31.63% 28.82% 28.36% 29.53%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 53.02% 51.61% 51.42% 52.24% 47.06% 39.20% 38.33% 37.84% 35.85% 40.90%
Operating Expenses to Revenue		 62.88% 67.37% 61.64% 60.42% 57.56% 55.87% 55.34% 58.95% 55.01% 54.40%
Earnings before Interest and Taxes (EBIT)		 7,909 6,865 7,301 10,166 6,051 8,594 8,678 7,517 8,105 8,030
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 8,848 7,883 7,861 10,663 6,578 9,096 9,145 7,985 8,575 8,511
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.27 1.16 1.16 1.35 1.28 1.47 1.31 1.41 1.41 1.20
Price to Tangible Book Value (P/TBV)		 1.84 1.75 1.88 1.81 1.76 1.96 1.83 1.90 1.92 1.66
Price to Revenue (P/Rev)		 2.73 2.30 2.43 3.25 2.60 3.33 2.62 3.19 3.17 2.76
Price to Earnings (P/E)		 11.85 11.86 10.07 9.29 12.19 11.03 8.32 11.13 11.29 9.43
Dividend Yield		 4.14% 4.67% 4.76% 3.53% 4.19% 3.24% 3.67% 2.78% 2.74% 3.19%
Earnings Yield		 8.44% 8.43% 9.93% 10.77% 8.21% 9.06% 12.01% 8.99% 8.86% 10.60%
Enterprise Value to Invested Capital (EV/IC)		 0.69 0.57 0.63 0.90 0.54 1.02 0.93 1.01 1.04 0.98
Enterprise Value to Revenue (EV/Rev)		 3.37 2.51 3.17 3.94 2.48 5.17 4.43 4.57 4.71 5.22
Enterprise Value to EBITDA (EV/EBITDA)		 10.41 8.94 9.75 8.39 8.75 13.02 10.90 12.43 11.51 12.33
Enterprise Value to EBIT (EV/EBIT)		 11.65 10.26 10.49 8.80 9.51 13.78 11.49 13.20 12.18 13.07
Enterprise Value to NOPAT (EV/NOPAT)		 14.56 12.91 13.12 11.20 11.54 17.04 14.00 15.87 16.60 17.69
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.17 8.34 3.63 9.06 15.48 24.22 9.44 15.33 18.50 11.95
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 13.53 0.00 5.78 3.95 0.00 0.00 34.27 5.64 19.14
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 1.25 1.20 1.39 0.79 0.99 1.22 1.07 0.98 0.99 1.28
Long-Term Debt to Equity		 0.98 0.92 0.78 0.58 0.77 0.77 0.80 0.65 0.70 0.69
Financial Leverage		 1.22 1.29 1.08 0.89 1.10 1.15 1.03 0.99 1.13 1.34
Leverage Ratio		 11.69 12.51 11.71 10.33 9.88 9.25 9.17 9.30 9.16 9.06
Compound Leverage Factor		 11.69 12.51 11.71 10.33 9.88 9.25 9.17 9.30 9.16 9.06
Debt to Total Capital		 55.46% 54.48% 58.10% 44.23% 49.69% 54.90% 51.78% 49.62% 49.66% 56.15%
Short-Term Debt to Total Capital		 11.71% 12.47% 25.53% 11.88% 11.02% 20.39% 13.20% 16.89% 14.66% 26.11%
Long-Term Debt to Total Capital		 43.76% 42.01% 32.57% 32.35% 38.67% 34.52% 38.59% 32.73% 35.00% 30.04%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 5.60% 0.00% 5.59% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.35% 0.38% 0.38% 0.47% 0.59% 0.54% 0.59% 0.64% 0.67% 0.64%
Common Equity to Total Capital		 44.19% 45.14% 41.52% 55.30% 44.12% 44.56% 42.04% 49.75% 49.67% 43.21%
Debt to EBITDA		 8.31 8.47 9.04 4.12 8.07 7.02 6.07 6.13 5.51 7.04
Net Debt to EBITDA		 1.92 0.71 2.23 1.41 -1.45 4.56 3.72 3.68 3.68 5.73
Long-Term Debt to EBITDA		 6.56 6.53 5.07 3.01 6.28 4.42 4.52 4.04 3.89 3.77
Debt to NOPAT		 11.62 12.23 12.17 5.50 10.64 9.20 7.79 7.82 7.96 10.11
Net Debt to NOPAT		 2.69 1.02 3.00 1.88 -1.91 5.97 4.78 4.70 5.31 8.23
Long-Term Debt to NOPAT		 9.16 9.43 6.82 4.02 8.28 5.78 5.80 5.16 5.61 5.41
Noncontrolling Interest Sharing Ratio		 0.81% 0.87% 0.88% 6.49% 6.82% 6.95% 7.14% 1.29% 1.39% 1.51%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -3,701 5,205 -17,131 15,465 14,570 -2,291 -1,436 2,896 17,497 5,482
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -0.24 0.41 -5.33 15.57 7.23 -0.52 -0.44 1.47 11.92 3.91
Operating Cash Flow to Interest Expense		 0.73 0.67 6.56 9.94 1.84 1.10 3.25 3.29 3.63 6.27
Operating Cash Flow Less CapEx to Interest Expense		 0.73 0.67 6.56 9.94 1.84 1.10 3.25 3.29 3.63 6.27
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.04 0.04 0.04 0.05 0.05 0.05 0.05 0.05
Fixed Asset Turnover		 0.00 0.00 0.00 6.71 6.48 7.43 9.21 8.90 8.46 7.83
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 132,560 122,530 122,277 99,308 106,788 116,373 107,136 98,576 95,219 106,772
Invested Capital Turnover		 0.21 0.23 0.22 0.22 0.21 0.20 0.22 0.22 0.21 0.19
Increase / (Decrease) in Invested Capital		 10,030 253 22,969 -7,480 -9,585 9,237 8,560 3,357 -11,553 451
Enterprise Value (EV)		 92,119 70,440 76,623 89,436 57,528 118,388 99,702 99,235 98,699 104,933
Market Capitalization		 74,639 64,408 58,654 73,951 60,432 76,273 59,064 69,204 66,483 55,439
Book Value per Share		 $37.55 $35.52 $34.17 $37.04 $31.27 $33.20 $27.87 $29.55 $27.83 $26.37
Tangible Book Value per Share		 $25.96 $23.59 $21.02 $27.60 $22.79 $24.95 $19.98 $21.92 $20.39 $19.11
Total Capital		 132,560 122,530 122,277 99,308 106,788 116,373 107,136 98,576 95,219 106,772
Total Debt		 73,520 66,759 71,045 43,921 53,063 63,890 55,479 48,910 47,286 59,955
Total Long-Term Debt		 58,002 51,480 39,829 32,125 41,297 40,167 41,340 32,259 33,323 32,078
Net Debt		 17,018 5,567 17,503 15,016 -9,517 41,485 34,026 29,405 31,581 48,808
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 73,520 66,759 71,045 43,921 53,063 63,890 55,479 48,910 47,286 59,955
Total Depreciation and Amortization (D&A)		 939 1,018 560 497 527 502 467 468 470 481
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $3.79 $3.27 $3.69 $5.11 $3.06 $4.16 $4.15 $3.53 $3.25 $3.18
Adjusted Weighted Average Basic Shares Outstanding		 1.56B 1.54B 1.49B 1.49B 1.51B 1.58B 1.63B 1.68B 1.72B 1.76B
Adjusted Diluted Earnings per Share		 $3.79 $3.27 $3.69 $5.10 $3.06 $4.16 $4.14 $3.51 $3.24 $3.16
Adjusted Weighted Average Diluted Shares Outstanding		 1.56B 1.54B 1.49B 1.49B 1.51B 1.58B 1.64B 1.68B 1.72B 1.77B
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 1.56B 1.56B 1.53B 1.48B 1.50B 1.52B 1.60B 1.65B 1.69B 1.74B
Normalized Net Operating Profit after Tax (NOPAT)		 6,453 6,260 6,101 7,985 4,985 6,946 7,124 6,253 5,944 5,933
Normalized NOPAT Margin		 23.61% 22.35% 25.23% 35.14% 21.46% 30.35% 31.63% 28.82% 28.36% 29.53%
Pre Tax Income Margin		 28.93% 24.51% 30.19% 44.74% 26.05% 37.56% 38.53% 34.65% 38.68% 39.96%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.51 0.54 2.27 10.24 3.00 1.93 2.67 3.82 5.52 5.73
NOPAT to Interest Expense		 0.41 0.43 1.81 8.04 2.47 1.56 2.19 3.18 4.05 4.23
EBIT Less CapEx to Interest Expense		 0.51 0.54 2.27 10.24 3.00 1.93 2.67 3.82 5.52 5.73
NOPAT Less CapEx to Interest Expense		 0.41 0.43 1.81 8.04 2.47 1.56 2.19 3.18 4.05 4.23
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 54.48% 60.66% 52.67% 36.16% 57.21% 39.52% 33.21% 35.38% 34.94% 34.03%
Augmented Payout Ratio		 57.21% 61.80% 53.85% 55.63% 90.75% 104.66% 72.82% 77.45% 77.94% 70.94%

Quarterly Metrics And Ratios for U.S. Bancorp

This table displays calculated financial ratios and metrics derived from U.S. Bancorp's official financial filings.

Metric Q1 2025 Q4 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 3.64% 0.00% -4.24% -6.39% 0.00% 11.18% 19.35% 28.23% 12.00% 7.37%
EBITDA Growth		 24.36% 0.00% 14.16% -20.99% -100.00% -8.82% -3.23% 15.76% -43.59% -10.98%
EBIT Growth		 29.05% 0.00% 17.42% -22.51% -100.00% -14.89% -10.11% 10.43% -48.48% -11.59%
NOPAT Growth		 29.41% 0.00% 17.68% -22.18% -100.00% -16.08% -10.76% 9.37% -44.58% -10.72%
Net Income Growth		 29.41% 0.00% 17.68% -22.18% 0.00% -16.08% -10.76% 9.37% -44.58% -10.72%
EPS Growth		 32.05% 0.00% 15.48% -25.00% 0.00% -21.55% -15.15% 5.05% -48.60% -10.77%
Operating Cash Flow Growth		 -110.71% 0.00% -13.33% 216.03% 0.00% 10.50% 47.44% -90.07% 879.80% 32.41%
Free Cash Flow Firm Growth		 -135.99% -3,864.43% 124.91% 161.90% 98.85% -538.49% -1,806.16% -1,894.20% -340.65% -49.01%
Invested Capital Growth		 9.34% 8.19% -3.77% -17.42% 0.21% 12.61% 26.74% 44.24% 23.13% -0.82%
Revenue Q/Q Growth		 0.00% 0.00% 2.29% -0.68% 0.00% -1.97% 0.00% 12.71% 0.64% 5.23%
EBITDA Q/Q Growth		 0.00% 0.00% 19.96% 52.72% -100.00% 10.22% -16.97% 89.34% -47.38% 16.98%
EBIT Q/Q Growth		 0.00% 0.00% 22.89% 67.30% -100.00% 11.65% -18.90% 96.09% -52.07% 17.92%
NOPAT Q/Q Growth		 0.00% 0.00% 21.49% 54.01% -100.00% 11.32% -19.66% 83.23% -48.79% 18.38%
Net Income Q/Q Growth		 0.00% 0.00% 21.49% 54.01% 0.00% 11.32% -19.66% 83.23% -48.79% 18.38%
EPS Q/Q Growth		 0.00% 0.00% 24.36% 62.50% 0.00% 8.33% -19.23% 89.09% -52.59% 17.17%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 8.00% 539.66% 0.00% 16.80% 293.82% -87.78% 96.52% 55.85%
Free Cash Flow Firm Q/Q Growth		 -0.01% 0.00% -76.50% 4,484.21% 97.85% 55.29% 41.61% -104.32% -922.04% 73.98%
Invested Capital Q/Q Growth		 3.78% 0.00% 0.27% 2.69% 3.36% -9.57% -13.96% 24.61% 16.15% 1.77%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 34.27% 0.00% 33.49% 28.56% 0.00% 31.59% 28.09% 33.83% 20.14% 38.52%
EBIT Margin		 31.16% 0.00% 30.07% 25.03% 0.00% 27.93% 24.52% 30.23% 17.38% 36.48%
Profit (Net Income) Margin		 24.77% 0.00% 23.56% 19.84% 0.00% 21.77% 19.17% 23.86% 14.68% 28.84%
Tax Burden Percent		 79.48% 0.00% 78.36% 79.26% 0.00% 77.95% 78.18% 78.93% 84.47% 79.06%
Interest Burden Percent		 100.00% 0.00% 100.00% 100.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 20.52% 0.00% 21.64% 20.74% 0.00% 22.05% 21.82% 21.07% 15.53% 20.94%
Return on Invested Capital (ROIC)		 5.19% 0.00% 4.99% 3.93% 0.00% 5.37% 4.40% 4.76% 3.20% 6.41%
ROIC Less NNEP Spread (ROIC-NNEP)		 5.19% 0.00% 4.99% 3.93% 0.00% 5.37% 4.40% 4.76% 3.20% 6.41%
Return on Net Nonoperating Assets (RNNOA)		 6.53% 0.00% 6.64% 6.06% 0.00% 6.47% 5.66% 6.93% 3.45% 6.83%
Return on Equity (ROE)		 11.72% 0.00% 11.64% 9.98% 0.00% 11.84% 10.06% 11.69% 6.66% 13.25%
Cash Return on Invested Capital (CROIC)		 -3.82% -2.90% 7.98% 22.74% 4.25% -6.93% -18.63% -31.59% -15.46% 7.05%
Operating Return on Assets (OROA)		 1.26% 0.00% 1.20% 1.01% 0.00% 1.22% 1.04% 1.23% 0.67% 1.47%
Return on Assets (ROA)		 1.00% 0.00% 0.94% 0.80% 0.00% 0.95% 0.81% 0.97% 0.57% 1.16%
Return on Common Equity (ROCE)		 11.62% 0.00% 11.54% 9.90% 0.00% 11.73% 9.97% 11.59% 6.60% 12.33%
Return on Equity Simple (ROE_SIMPLE)		 11.18% 0.00% 9.43% 9.14% 0.00% 10.41% 10.98% 11.29% 0.00% 13.86%
Net Operating Profit after Tax (NOPAT)		 1,716 0.00 1,611 1,326 0.00 1,524 1,369 1,704 930 1,816
NOPAT Margin		 24.77% 0.00% 23.56% 19.84% 0.00% 21.77% 19.17% 23.86% 14.68% 28.84%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 52.80% 0.00% 52.68% 54.30% 0.00% 51.64% 50.50% 50.30% 52.00% 49.00%
Operating Expenses to Revenue		 61.09% 0.00% 61.63% 66.70% 0.00% 64.71% 63.98% 63.79% 63.81% 57.77%
Earnings before Interest and Taxes (EBIT)		 2,159 0.00 2,056 1,673 0.00 1,955 1,751 2,159 1,101 2,297
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 2,374 0.00 2,290 1,909 0.00 2,211 2,006 2,416 1,276 2,425
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.10 1.27 1.10 1.24 1.16 0.92 0.91 0.98 1.16 1.15
Price to Tangible Book Value (P/TBV)		 1.56 1.84 1.62 1.85 1.75 1.43 1.42 1.54 1.88 1.67
Price to Revenue (P/Rev)		 2.39 2.73 2.27 2.49 2.30 1.77 1.79 2.01 2.43 2.33
Price to Earnings (P/E)		 9.85 11.85 11.71 13.61 11.86 8.89 8.31 8.67 10.07 8.34
Dividend Yield		 4.71% 4.14% 4.91% 4.39% 4.67% 6.01% 6.11% 5.62% 4.76% 5.04%
Earnings Yield		 10.16% 8.44% 8.54% 7.35% 8.43% 11.25% 12.03% 11.53% 9.93% 12.00%
Enterprise Value to Invested Capital (EV/IC)		 0.68 0.69 0.52 0.49 0.57 0.42 0.42 0.55 0.63 0.67
Enterprise Value to Revenue (EV/Rev)		 3.38 3.37 2.42 2.25 2.51 1.81 2.07 3.26 3.17 3.02
Enterprise Value to EBITDA (EV/EBITDA)		 10.02 10.41 8.60 8.41 8.94 6.32 6.85 10.24 9.75 8.01
Enterprise Value to EBIT (EV/EBIT)		 11.12 11.65 9.85 9.72 10.26 7.18 7.61 11.18 10.49 8.50
Enterprise Value to NOPAT (EV/NOPAT)		 13.89 14.56 12.38 12.21 12.91 9.05 9.56 14.02 13.12 10.76
Enterprise Value to Operating Cash Flow (EV/OCF)		 11.21 8.17 6.70 6.04 8.34 3.35 3.82 6.22 3.63 4.75
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 6.42 1.96 13.53 0.00 0.00 0.00 0.00 9.52
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 1.27 1.25 1.22 1.25 1.20 1.21 1.45 1.85 1.39 1.19
Long-Term Debt to Equity		 0.99 0.98 0.93 0.94 0.92 0.80 0.85 0.79 0.78 0.67
Financial Leverage		 1.26 1.22 1.33 1.54 1.29 1.20 1.29 1.45 1.08 1.07
Leverage Ratio		 11.67 11.69 12.33 12.48 12.51 12.50 12.41 12.07 11.71 11.42
Compound Leverage Factor		 11.67 0.00 12.33 12.48 0.00 12.50 12.41 12.07 11.71 11.42
Debt to Total Capital		 55.98% 55.46% 54.91% 55.47% 54.48% 54.81% 59.20% 64.92% 58.10% 54.42%
Short-Term Debt to Total Capital		 12.47% 11.71% 13.12% 13.59% 12.47% 18.47% 24.66% 37.33% 25.53% 23.81%
Long-Term Debt to Total Capital		 43.51% 43.76% 41.79% 41.88% 42.01% 36.33% 34.54% 27.59% 32.57% 30.61%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.34% 0.35% 0.37% 0.37% 0.38% 0.39% 0.35% 0.31% 0.38% 0.44%
Common Equity to Total Capital		 43.68% 44.19% 44.72% 44.16% 45.14% 44.80% 40.44% 34.78% 41.52% 45.13%
Debt to EBITDA		 8.27 8.31 9.04 9.46 8.47 8.22 9.56 12.08 9.04 6.48
Net Debt to EBITDA		 2.90 1.92 0.45 -0.97 0.71 0.08 0.86 3.87 2.23 1.77
Long-Term Debt to EBITDA		 6.43 6.56 6.88 7.14 6.53 5.45 5.57 5.13 5.07 3.64
Debt to NOPAT		 11.46 11.62 13.02 13.74 12.23 11.76 13.34 16.53 12.17 8.70
Net Debt to NOPAT		 4.02 2.69 0.65 -1.42 1.02 0.11 1.20 5.30 3.00 2.38
Long-Term Debt to NOPAT		 8.91 9.16 9.91 10.37 9.43 7.79 7.78 7.03 6.82 4.89
Noncontrolling Interest Sharing Ratio		 0.80% 0.00% 0.84% 0.85% 0.00% 0.92% 0.91% 0.89% 0.88% 6.91%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -10,031 -10,030 6,550 27,872 -253 -11,756 -26,292 -45,029 -22,039 2,681
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -2.93 0.00 1.65 7.38 0.00 -3.34 -8.45 -19.33 -13.11 2.98
Operating Cash Flow to Interest Expense		 -0.08 0.00 0.73 0.70 0.00 1.10 1.07 0.36 4.10 3.89
Operating Cash Flow Less CapEx to Interest Expense		 -0.08 0.00 0.73 0.70 0.00 1.10 1.07 0.36 4.10 3.89
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 8.16 7.83 7.42 0.00 7.33
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 137,575 132,560 126,162 125,828 122,530 118,552 131,101 152,374 122,277 105,272
Invested Capital Turnover		 0.21 0.21 0.21 0.20 0.23 0.25 0.23 0.20 0.22 0.22
Increase / (Decrease) in Invested Capital		 11,747 10,030 -4,939 -26,546 253 13,280 27,661 46,733 22,969 -865
Enterprise Value (EV)		 93,324 92,119 65,860 62,014 70,440 50,024 55,626 83,891 76,623 70,898
Market Capitalization		 65,858 74,639 61,950 68,739 64,408 48,939 48,186 51,734 58,654 54,791
Book Value per Share		 $38.53 $37.55 $36.16 $35.64 $35.52 $34.65 $34.59 $34.61 $34.17 $31.98
Tangible Book Value per Share		 $27.03 $25.96 $24.47 $23.77 $23.59 $22.31 $22.11 $21.91 $21.02 $22.07
Total Capital		 137,575 132,560 126,162 125,828 122,530 118,552 131,101 152,374 122,277 105,272
Total Debt		 77,017 73,520 69,277 69,795 66,759 64,974 77,617 98,920 71,045 57,294
Total Long-Term Debt		 59,859 58,002 52,720 52,693 51,480 43,074 45,283 42,045 39,829 32,228
Net Debt		 27,004 17,018 3,445 -7,190 5,567 620 6,975 31,692 17,503 15,642
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 77,017 73,520 69,277 69,795 66,759 64,974 77,617 98,920 71,045 57,294
Total Depreciation and Amortization (D&A)		 215 0.00 234 236 0.00 256 255 257 175 128
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.03 $0.00 $0.97 $0.78 $0.00 $0.91 $0.84 $1.04 $0.55 $1.16
Adjusted Weighted Average Basic Shares Outstanding		 1.56B 1.56B 1.56B 1.56B 1.54B 1.55B 1.53B 1.53B 1.49B 1.49B
Adjusted Diluted Earnings per Share		 $1.03 $0.00 $0.97 $0.78 $0.00 $0.91 $0.84 $1.04 $0.55 $1.16
Adjusted Weighted Average Diluted Shares Outstanding		 1.56B 1.56B 1.56B 1.56B 1.54B 1.55B 1.53B 1.53B 1.49B 1.49B
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 1.56B 1.56B 1.56B 1.56B 1.56B 1.56B 1.53B 1.53B 1.53B 1.49B
Normalized Net Operating Profit after Tax (NOPAT)		 1,716 0.00 1,611 1,449 0.00 1,745 1,611 1,897 1,006 1,849
Normalized NOPAT Margin		 24.77% 0.00% 23.56% 21.67% 0.00% 24.93% 22.57% 26.56% 15.88% 29.37%
Pre Tax Income Margin		 31.16% 0.00% 30.07% 25.03% 0.00% 27.93% 24.52% 30.23% 17.38% 36.48%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.63 0.00 0.52 0.44 0.00 0.56 0.56 0.93 0.66 2.55
NOPAT to Interest Expense		 0.50 0.00 0.41 0.35 0.00 0.43 0.44 0.73 0.55 2.02
EBIT Less CapEx to Interest Expense		 0.63 0.00 0.52 0.44 0.00 0.56 0.56 0.93 0.66 2.55
NOPAT Less CapEx to Interest Expense		 0.50 0.00 0.41 0.35 0.00 0.43 0.44 0.73 0.55 2.02
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 51.51% 54.48% 63.59% 65.94% 60.66% 58.97% 54.85% 52.22% 52.67% 46.20%
Augmented Payout Ratio		 55.74% 57.21% 64.86% 67.26% 61.80% 60.03% 55.85% 53.21% 53.85% 47.31%

Frequently Asked Questions About U.S. Bancorp's Financials

When does U.S. Bancorp's financial year end?

According to the most recent income statement we have on file, U.S. Bancorp's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has U.S. Bancorp's net income changed over the last 9 years?

In the past 9 years, U.S. Bancorp's net income has ranged from $4.99 billion in 2020 to $7.99 billion in 2021, and is currently $6.33 billion as of their latest financial filing in 2024. See where experts think U.S. Bancorp is headed by visiting U.S. Bancorp's forecast page.

How has U.S. Bancorp revenue changed over the last 9 years?

Over the last 9 years, U.S. Bancorp's total revenue changed from $20.09 billion in 2015 to $27.34 billion in 2024, a change of 36.0%.

How much debt does U.S. Bancorp have?

U.S. Bancorp's total liabilities were at $619.28 billion at the end of 2024, a 1.9% increase from 2023, and a 65.1% increase since 2015.

How much cash does U.S. Bancorp have?

In the past 9 years, U.S. Bancorp's cash and equivalents has ranged from $11.15 billion in 2015 to $62.58 billion in 2020, and is currently $56.50 billion as of their latest financial filing in 2024.

How has U.S. Bancorp's book value per share changed over the last 9 years?

Over the last 9 years, U.S. Bancorp's book value per share changed from 26.37 in 2015 to 37.55 in 2024, a change of 42.4%.


Related Companies

This page (NYSE:USB) was last updated on 5/21/2025 by MarketBeat.com Staff
From Our Partners
Market Panic: Trump Just Dropped a Bomb on Your Stocks
tock Market Panic: Trump Just Dropped a Bomb on Your Stocks The market is in freefall—and Trump's new tarif...
American Alternative | Sponsored
Gold Hits New Highs as Global Markets Spiral
When Trump took office in 2017, gold was just $1,100 an ounce. By the time he left, it had soared to $1,839. ...
Premier Gold Co | Sponsored
White House to reset Social Security?
Elon Musk's parting DOGE gift looks set to shock America... A single announcement by July 22nd could soon b...
Altimetry | Sponsored
The Trump Dump is starting; Get out of stocks now?
The first 365 days of the Trump presidency… Will be the best time to get rich in American history.
Paradigm Press | Sponsored
Trump’s treachery
Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...
Porter & Company | Sponsored
Buffett’s favorite chart just hit 209% – here’s what that means for gold
A Historic Gold Announcement Is About to Rock Wall Street For months, sharp-eyed analysts have watched the ...
Golden Portfolio | Sponsored
Everyone’s watching Nvidia right now. Here’s why I’m excited.
So, unless you’ve been living under a rock, you probably saw the news… Nvidia just signed a $7 BILLION deal...
Timothy Sykes | Sponsored
Is President Trump Lying To You With This?
President Trump’s economic transition isn’t without hardship. But what if there were a smart, tax-free way to ...
Colonial Metals | Sponsored