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) Return on invested capital
U.S. Bancorp's return on invested capital over the twelve months to 30 September 2026 was 9.44%, up 2.0 percentage points from fiscal 2025 (7.48%). Over the past ten years it has ranged from 7.41% (fiscal 2015) to 12.7% (fiscal 2022); the current reading is higher than 18% of that period. That is above the Banks Regional industry median of 8.35% and above the Financial sector median of 4.85%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 7.48% | (0.85) |
| FY2024 | 8.33% | (2.35) |
| FY2023 | 10.7% | (2.03) |
| FY2022 | 12.7% | 1.87 |
| FY2021 | 10.8% | (0.82) |
| FY2020 | 11.7% | 4.01 |
| FY2019 | 7.65% | 0.07 |
| FY2018 | 7.58% | 0.05 |
| FY2017 | 7.53% | (0.20) |
| FY2016 | 7.73% | 0.32 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| NU Nu Holdings Ltd. compare | 62.5% |
| IBN ICICI Bank Limited compare | 9.80% |
| USB U.S. Bancorp | 9.44% |
| PNC The PNC Financial Services Group, Inc compare | 5.57% |
| MFG Mizuho Financial Group, Inc. compare | 0.00% |
| NWG NatWest Group plc compare | 0.00% |
| HDB HDFC Bank Limited compare | 0.00% |
| LYG Lloyds Banking Group PLC compare | 0.00% |
| DB Deutsche Bank Aktiengesellschaft compare | 0.00% |
| Banks Regional industry median | 8.35% |
| Financial sector median | 4.85% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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 equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement