U.S. Bancorp financials
$58.78−0.93%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $42.86B | $42.71B | $40.62B | $27.40B | $23.71B | $25.24B | $27.32B | $25.77B | $23.66B | $22.42B |
| Gross profit | $28.54B | $27.34B | $28.01B | $24.18B | $22.72B | $23.23B | $22.88B | $22.52B | $21.70B | $20.96B |
| Gross margin | 66.6% | 64.0% | 69.0% | 88.3% | 95.8% | 92.0% | 83.7% | 87.4% | 91.7% | 93.5% |
| Operating income | $9.52B | $7.91B | $6.87B | $7.30B | $10.17B | $6.05B | $8.59B | $8.68B | $7.52B | $8.11B |
| Net income | $7.19B | $5.91B | $5.05B | $5.50B | $7.61B | $4.62B | $6.58B | $6.78B | $5.91B | $5.59B |
| Net margin | 16.8% | 13.8% | 12.4% | 20.1% | 32.1% | 18.3% | 24.1% | 26.3% | 25.0% | 24.9% |
| Diluted EPS | $4.62 | $3.79 | $3.27 | $3.69 | $5.10 | $3.06 | $4.16 | $4.14 | $3.51 | $3.24 |
| EBITDA | $9.52B | $8.06B | $7.87B | $7.63B | $10.17B | $6.05B | $8.59B | $8.68B | $7.52B | $8.11B |
| Operating cash flow | $7.97B | $11.35B | $8.39B | $21.12B | $9.87B | $3.72B | $4.89B | $10.56B | $6.47B | $5.34B |
| Free cash flow | $7.97B | $11.35B | $8.39B | $21.12B | $9.87B | — | $4.89B | — | — | — |
| Diluted shares | 1,558.0M | 1,561.0M | 1,543.0M | 1,490.0M | 1,490.0M | 1,510.0M | 1,583.0M | 1,638.0M | 1,683.0M | 1,724.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $46.89B | $56.50B | $61.19B | $53.54B | $28.91B | $62.58B |
| Short-term investments | $167.01B | $164.63B | $153.75B | $161.65B | $174.82B | $136.84B |
| Total debt | $77.93B | $73.52B | $66.76B | $71.05B | $43.92B | $53.06B |
| Total assets | $692.35B | $678.32B | $663.49B | $674.80B | $573.28B | $553.90B |
| Total liabilities | $626.69B | $619.28B | $607.72B | $623.57B | $517.90B | $500.18B |
| Shareholders' equity | $65.65B | $59.04B | $55.77B | $51.23B | $55.39B | $53.73B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology