U.S. Bancorp
U.S. Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $42.9 billion, roughly unchanged from fiscal 2024. In the quarter to September 2026, revenue grew 2.26%, EPS grew 16.2%, free cash flow grew 152.0% and total debt fell 16.9%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for three.
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U.S. Bancorp (USB) Free cash flow
U.S. Bancorp's free cash flow for fiscal 2025 was $8.0B, down 29.8% from $11.4B in fiscal 2024. Over the twelve months to 30 June 2026 it was $12.5B. Over the past ten years it has ranged from $3.7B (fiscal 2020) to $21.1B (fiscal 2022); the current reading is higher than 45% of that period. U.S. Bancorp ranks 8th of 323 Banks Regional companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $8.0B | (29.78%) |
| FY2024 | $11.4B | 35.23% |
| FY2023 | $8.4B | (60.26%) |
| FY2022 | $21.1B | 113.97% |
| FY2021 | $9.9B | 165.61% |
| FY2020 | $3.7B | (23.99%) |
| FY2019 | $4.9B | (53.72%) |
| FY2018 | $10.6B | 63.23% |
| FY2017 | $6.5B | 21.29% |
| FY2016 | $5.3B | (39.24%) |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $4.8B | 259.70% |
| Mar 2026 | $1.3B | (52.75%) |
| Dec 2025 | $2.8B | (19.64%) |
| Sep 2025 | $3.5B | 84.47% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| DB Deutsche Bank Aktiengesellschaft compare | $57.6B |
| LYG Lloyds Banking Group PLC compare | $38.0B |
| HDB HDFC Bank Limited compare | $34.2B |
| IBN ICICI Bank Limited compare | $24.0B |
| NWG NatWest Group plc compare | $16.1B |
| USB U.S. Bancorp | $12.5B |
| PNC The PNC Financial Services Group, Inc compare | $7.5B |
| NU Nu Holdings Ltd. compare | −$1.7B |
| MFG Mizuho Financial Group, Inc. compare | −$61.8B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on USB
- Revenue
- Net income
- EPS (diluted)
- 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
- 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
- Piotroski F-score
- The full statement