U.S. Bancorp USB
- Market cap
- $93.4B
- P/E
- 11.8×
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U.S. Bancorp (USB) Price to free cash flow
As of 25 September 2026, U.S. Bancorp (USB) trades at a price to free cash flow of 7.4×. Over the past ten years it has ranged from 2.3× (March 2023) to 40.6× (May 2021); the current reading is higher than 23% of that period. That is below the Banks Regional industry median of 10.8× and below the Financial sector median of 10.0×.
Price to free cash flow, daily
Annual
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 10.4× | 58.57% |
| FY2024 | 6.6× | (18.56%) |
| FY2023 | 8.1× | 156.48% |
| FY2022 | 3.1× | (62.86%) |
| FY2021 | 8.5× | (55.21%) |
| FY2020 | 18.9× | (1.32%) |
| FY2019 | 19.2× | 171.24% |
| FY2018 | 7.1× | (49.51%) |
| FY2017 | 14.0× | (15.50%) |
| FY2016 | 16.6× | 93.31% |
Quarterly
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 7.5× | (10.82%) |
| Mar 2026 | 8.4× | (19.39%) |
| Dec 2025 | 10.4× | 38.21% |
| Sep 2025 | 7.5× | (20.67%) |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| MFG Mizuho Financial Group, Inc. compare | n/m |
| NU Nu Holdings Ltd. compare | n/m |
| DB Deutsche Bank Aktiengesellschaft compare | 1.2× |
| LYG Lloyds Banking Group PLC compare | 2.2× |
| HDB HDFC Bank Limited compare | 3.5× |
| IBN ICICI Bank Limited compare | 4.2× |
| NWG NatWest Group plc compare | 4.2× |
| USB U.S. Bancorp | 7.4× |
| PNC The PNC Financial Services Group, Inc compare | 12.1× |
| Banks Regional industry median | 10.8× |
| Financial sector median | 10.0× |
| Market median | 14.0× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
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
- EV/EBITDA
- EV/Sales
- 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