15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $28.7B | $7.6B | 0.0% | 0.0% | — | — | $46.9B |
| 2024 | $27.5B | $6.3B | 0.0% | 0.0% | — | — | $56.5B |
| 2023 | $28.1B | $5.4B | 0.0% | 0.0% | — | — | $61.2B |
| 2022 | $24.3B | $5.8B | 0.0% | 0.0% | — | $71.0B | $53.5B |
| 2021 | — | $8.0B | — | — | — | $43.9B | $28.9B |
| 2020 | — | $5.0B | — | — | — | $53.1B | $62.6B |
| 2019 | — | $6.9B | — | — | — | $63.9B | $22.4B |
| 2018 | $22.6B | $7.1B | 0.0% | 0.0% | — | $55.5B | — |
| 2017 | $21.9B | $6.2B | 0.0% | 0.0% | — | $48.9B | — |
| 2016 | $21.3B | $5.9B | 0.0% | 0.0% | — | $47.3B | — |
| 2015 | $20.3B | $5.9B | 0.0% | 0.0% | — | $60.0B | — |
| 2014 | $20.2B | $5.9B | 0.0% | 0.0% | — | $62.2B | — |
| 2013 | $19.6B | $5.8B | 0.0% | 0.0% | — | $47.7B | — |
| 2012 | $20.3B | $5.6B | 0.0% | 0.0% | — | $51.8B | — |
| 2011 | — | $4.9B | — | — | — | $62.4B | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $7.3B | $1.9B | 0.0% | 0.0% | — | — | $48.4B |
| Dec '25 | $7.4B | $2.0B | 0.0% | 0.0% | — | — | $46.9B |
| Sep '25 | $7.3B | $2.0B | 0.0% | 0.0% | — | — | $66.6B |
| Jun '25 | $7.0B | $1.8B | 0.0% | 0.0% | — | — | $57.8B |
| Mar '25 | $7.0B | $1.7B | 0.0% | 0.0% | — | — | $50.0B |
| Dec '24 | $7.0B | $1.7B | 0.0% | 0.0% | — | — | $56.5B |
| Sep '24 | $6.9B | $1.7B | 0.0% | 0.0% | — | — | $73.6B |
| Jun '24 | $6.9B | $1.6B | 0.0% | 0.0% | — | — | $65.8B |
| Mar '24 | $6.7B | $1.3B | 0.0% | 0.0% | — | — | $77.0B |
| Dec '23 | $6.8B | $847M | 0.0% | 0.0% | — | — | $61.2B |
| Sep '23 | $7.0B | $1.5B | 0.0% | 0.0% | — | $65.0B | $64.4B |
| Jun '23 | $7.2B | $1.4B | 0.0% | 0.0% | — | $77.6B | $70.6B |
| Mar '23 | $7.2B | $1.7B | 0.0% | 0.0% | — | $98.9B | $66.2B |
| Dec '22 | $6.4B | $925M | 0.0% | 0.0% | — | $71.0B | $53.5B |
| Sep '22 | $6.3B | $1.8B | 0.0% | 0.0% | — | $57.3B | $41.7B |
| Jun '22 | — | $1.5B | — | — | — | $54.4B | $39.1B |
| Mar '22 | — | $1.6B | — | — | — | $54.0B | $44.3B |
| Dec '21 | — | $1.7B | — | — | — | $43.9B | $28.9B |
| Sep '21 | — | $2.0B | — | — | — | $51.8B | $63.9B |
| Jun '21 | — | $2.0B | — | — | — | $49.8B | $44.6B |
How the market has priced USB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, U.S. Bancorp's revenue has grown 5.6% per year, and net income grown 8.8% per year. These are computed facts, not advice.
As of FY2025, U.S. Bancorp reported — of total debt against $46.9B of cash.
In FY2025, gross margin was —, operating margin —, and net margin 26.4%.
As of Jun '26, U.S. Bancorp traded at a price-to-earnings ratio of about 12.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.