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.
Follow USB
U.S. Bancorp (USB) Return on equity
U.S. Bancorp's return on equity over the twelve months to 30 September 2026 was 13.9%, up 0.9 percentage points from fiscal 2025 (13.0%). Over the past ten years it has ranged from 9.81% (fiscal 2020) to 15.7% (fiscal 2021); the current reading is higher than 45% of that period. That is above the Banks Regional industry median of 10.7% and above the Financial sector median of 8.89%.
Return on equity, annual
Embed this chart
Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 13.0% | 1.27 |
| FY2024 | 11.7% | 0.86 |
| FY2023 | 10.8% | (0.95) |
| FY2022 | 11.8% | (3.95) |
| FY2021 | 15.7% | 5.91 |
| FY2020 | 9.81% | (4.47) |
| FY2019 | 14.3% | (0.81) |
| FY2018 | 15.1% | 1.45 |
| FY2017 | 13.6% | 0.29 |
| FY2016 | 13.4% | (0.54) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| NU Nu Holdings Ltd. compare | 31.6% |
| IBN ICICI Bank Limited compare | 15.0% |
| USB U.S. Bancorp | 13.9% |
| PNC The PNC Financial Services Group, Inc compare | 12.4% |
| HDB HDFC Bank Limited compare | 11.5% |
| MFG Mizuho Financial Group, Inc. compare | 8.42% |
| DB Deutsche Bank Aktiengesellschaft compare | 7.44% |
| NWG NatWest Group plc compare | 0.00% |
| LYG Lloyds Banking Group PLC compare | 0.00% |
| Banks Regional industry median | 10.7% |
| Financial sector median | 8.89% |
| Market median | 1.35% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on USB
- Revenue
- Net income
- EPS (diluted)
- 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
- 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