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U.S. Bancorp

U.S. Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $42.9 billion, roughly unchanged from fiscal 2024.

Revenue: +2.26%
EPS: +9.84%
Free cash flow: +152.0%
Total debt: −16.9%

Quarter to September 2026, against a year earlier

60.05 0.98 −1.61%

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Market cap: $93.1B
P/E: 11.7×
Fwd P/E: 11.2×
Dividend yield: 3.50%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

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U.S. Bancorp (USB) Debt to equity

Alert me on Debt to equity

U.S. Bancorp's debt to equity at the end of the quarter to 30 September 2026 was 0.8×, down 0.1× from fiscal 2025 (0.9×). Over the past ten years it has ranged from 0.6× (fiscal 2021) to 1.0× (fiscal 2024); the current reading is higher than 91% of that period. That is above the Banks Regional industry median of 0.2× and above the Financial sector median of 0.2×.

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<iframe src="https://stockrow.com/embed/USB/debt-to-equity" width="100%" height="360" style="border:0" loading="lazy" title="U.S. Bancorp debt to equity, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/USB/metrics/debt-to-equity">U.S. Bancorp (USB) debt to equity — stockrow.com</a></p>

Period	Debt to equity	Change
FY2025	0.9×	(5.78%)
FY2024	1.0×	6.42%
FY2023	0.9×	18.74%
FY2022	0.8×	34.03%
FY2021	0.6×	(24.55%)
FY2020	0.8×	0.44%
FY2019	0.8×	(4.37%)
FY2018	0.8×	23.22%
FY2017	0.6×	(6.57%)
FY2016	0.7×	1.46%

Period	Debt to equity	Change
Sep 2026	0.8×	(10.03%)
Jun 2026	0.9×	(6.70%)
Mar 2026	0.9×	0.06%
Dec 2025	0.9×	(5.57%)
43 more quarters	Free account

Against its own ten years

Low 0.6× High 1.0×

Ten-year median 0.8×

Current reading's percentile 91

Company	Debt to equity
HDB HDFC Bank Limited compare	0.0×
NWG NatWest Group plc compare	0.1×
IBN ICICI Bank Limited compare	0.7×
USB U.S. Bancorp	0.8×
TFC Truist Financial Corporation compare	0.9×
PNC The PNC Financial Services Group, Inc compare	1.3×
DB Deutsche Bank Aktiengesellschaft compare	1.4×
MFG Mizuho Financial Group, Inc. compare	1.5×
LYG Lloyds Banking Group PLC compare	2.2×
Banks Regional industry median	0.2×
Financial sector median	0.2×
Market median	0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

U.S. Bancorp (USB) Debt to equity

Debt to equity, annual

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Against its own ten years

Debt to equity against peers

What Debt to equity is

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Debt to equity, annual

Annual newest first

Quarterly newest first

Against its own ten years

Debt to equity against peers

What Debt to equity is

More on USB

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