Financials in USD. Standardized financial statements.
A compact view of how U.S. Bancorp turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $42.86B | $42.71B | $40.62B | $27.40B | $23.71B | $25.24B | $27.32B | $25.77B | $23.66B | $22.42B |
| Revenue Growth? | +0.3% | +5.1% | +48.3% | +15.5% | -6.0% | -7.6% | +6.0% | +8.9% | +5.5% | 0.0% |
| Cost of Revenue? | $15.93B | $17.61B | $14.89B | $5.19B | -$180.00M | $5.82B | $5.95B | $4.63B | $3.36B | $2.79B |
| Gross Profit? | $26.93B | $25.10B | $25.74B | $22.21B | $23.89B | $19.42B | $21.38B | $21.14B | $20.31B | $19.63B |
| Gross Margin? | +62.8% | +58.8% | +63.4% | +81.0% | +100.8% | +76.9% | +78.2% | +82.0% | +85.8% | +87.5% |
| Operating Expenses? | $17.41B | $17.19B | $18.87B | $14.91B | $13.73B | $13.37B | $12.79B | $12.46B | $12.79B | $11.53B |
| Operating Income? | $9.52B | $7.91B | $6.87B | $7.30B | $10.17B | $6.05B | $8.59B | $8.68B | $7.52B | $8.11B |
| EBITDA? | $10.29B | $8.85B | $7.88B | $7.86B | $10.66B | $6.58B | $9.10B | $9.14B | $7.99B | $8.57B |
| Income Before Tax | $9.52B | $7.91B | $6.87B | $7.30B | $10.17B | $6.05B | $8.59B | $8.68B | $7.52B | $8.11B |
| Income Tax Expense | $1.92B | $1.58B | $1.41B | $1.46B | $2.18B | $1.07B | $1.65B | $1.55B | $1.26B | $2.16B |
| Net Income? | $7.58B | $6.30B | $5.43B | $5.83B | $7.96B | $4.96B | $6.91B | $7.10B | $6.22B | $5.89B |
| EPS? | $4.62 | $3.79 | $3.27 | $3.69 | $5.11 | $3.06 | $4.16 | $4.15 | $3.53 | $3.25 |
| Diluted EPS? | $4.61 | $3.79 | $3.27 | $3.69 | $5.10 | $3.06 | $4.16 | $4.14 | $3.51 | $3.24 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality