U.S. Bancorp USB
- Market cap
- $93.4B
- P/E
- 11.8×
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U.S. Bancorp (USB) EV/Sales
As of 25 September 2026, U.S. Bancorp (USB) trades at a EV/Sales of 1.9×. Over the past ten years it has ranged from 0.6× (May 2023) to 5.1× (March 2017); the current reading is higher than 26% of that period. That is below the Banks Regional industry median of 2.3× and below the Financial sector median of 2.4×.
EV/Sales, daily
Annual
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 2.3× | 26.94% |
| FY2024 | 1.8× | 24.73% |
| FY2023 | 1.4× | (25.79%) |
| FY2022 | 1.9× | (47.43%) |
| FY2021 | 3.7× | 88.59% |
| FY2020 | 1.9× | (52.41%) |
| FY2019 | 4.1× | 11.22% |
| FY2018 | 3.7× | (16.01%) |
| FY2017 | 4.4× | (7.62%) |
| FY2016 | 4.7× | 5.64% |
Quarterly
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 2.0× | (9.06%) |
| Mar 2026 | 2.2× | (4.37%) |
| Dec 2025 | 2.3× | 35.28% |
| Sep 2025 | 1.7× | (7.78%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| LYG Lloyds Banking Group PLC compare | −18.5× |
| MFG Mizuho Financial Group, Inc. compare | −16.9× |
| DB Deutsche Bank Aktiengesellschaft compare | −3.2× |
| NWG NatWest Group plc compare | −2.2× |
| HDB HDFC Bank Limited compare | 0.1× |
| USB U.S. Bancorp | 1.9× |
| IBN ICICI Bank Limited compare | 3.0× |
| NU Nu Holdings Ltd. compare | 3.0× |
| PNC The PNC Financial Services Group, Inc compare | 4.2× |
| Banks Regional industry median | 2.3× |
| Financial sector median | 2.4× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)
More on USB
- Revenue
- Net income
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement