Us Bancorp \De\ - Understand $usb stock

$USB Market Cap: $81.14 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$20.45B

TTM

Gross Margin

Net Earnings

$5.094B

TTM

Current Assets

Current Liabilities

$23.71B

Q3 2024

Current Ratio

Total Assets

$686.5B

Q3 2024

Total Liabilities

$627.6B

Q3 2024

Book Value

$58.86B

Q3 2024

Cash

$73.56B

Q3 2024

P/E

15.93

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Revenue	$28.14B	$17.95B	$13.49B	$14.84B		$22.64B	$21.90B	$21.31B	$20.31B	$20.16B	$19.60B	$20.29B	$12.64B	$12.16B
YoY Change	56.83%	33.05%	-9.12%			3.36%	2.79%	4.93%	0.72%	2.85%	-3.38%	60.52%	3.96%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$28.14B	$17.95B	$13.49B	$14.84B	$22.64B	$21.90B	$21.31B	$20.31B	$20.16B	$19.60B	$20.29B	$12.64B	$12.16B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$2.049B	$1.726B	$1.728B	$1.582B		$978.0M	$903.0M	$877.0M	$887.0M	$863.0M	$848.0M	$821.0M	$758.0M	$744.0M
YoY Change	18.71%	-0.12%	9.23%			8.31%	2.96%	-1.13%	2.78%	1.77%	3.29%	8.31%	1.88%
% of Gross Profit
Depreciation & Amortization	$1.018B	$560.0M	$497.0M	$527.0M	$502.0M	$467.0M	$468.0M	$470.0M	$481.0M	$501.0M	$520.0M	$561.0M	$565.0M	$596.0M	$607.0M	$573.0M	$619.0M	$588.0M	$689.0M	$794.0M	$957.0M	$838.0M	$799.0M	$655.0M	$601.0M	$593.0M	$247.0M
YoY Change	81.79%	12.68%	-5.69%	4.98%	7.49%	-0.21%	-0.43%	-2.29%	-3.99%	-3.65%	-7.31%	-0.71%	-5.2%	-1.81%	5.93%	-7.43%	5.27%	-14.66%	-13.22%	-17.03%	14.2%	4.88%	21.98%	8.99%	1.35%	140.08%
% of Gross Profit
Operating Expenses	$2.049B	$1.726B	$1.728B	$1.582B		$978.0M	$903.0M	$877.0M	$887.0M	$863.0M	$848.0M	$821.0M	$758.0M	$744.0M
YoY Change	18.71%	-0.12%	9.23%			8.31%	2.96%	-1.13%	2.78%	1.77%	3.29%	8.31%	1.88%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$12.61B	$3.217B	$993.0M	$2.015B	$3.254B	$1.966B	$1.468B	$1.401B	$1.453B	$1.681B	$2.138B	$2.516B	$2.579B
YoY Change	292.01%	223.97%	-50.72%		65.51%	33.92%	4.78%	-3.58%	-13.56%	-21.38%	-15.02%	-2.44%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Pretax Income	$6.865B	$7.301B	$10.17B	$6.051B	$8.594B	$8.678B	$7.517B	$8.105B	$8.030B	$7.995B	$7.764B	$7.726B	$6.629B	$4.200B	$2.632B	$4.099B	$6.286B	$6.863B	$6.571B	$6.176B	$5.651B	$4.936B	$2.342B	$4.147B	$3.519B	$3.300B	$2.666B
YoY Change	-5.97%	-28.18%	68.01%	-29.59%	-0.97%	15.44%	-7.25%	0.93%	0.44%	2.98%	0.49%	16.55%	57.83%	59.57%	-35.79%	-34.79%	-8.41%	4.44%	6.4%	9.29%	14.49%	110.76%	-43.53%	17.85%	6.64%	23.78%
Income Tax	$1.407B	$1.463B	$2.181B	$1.066B	$1.648B	$1.554B	$1.264B	$2.161B	$2.097B	$2.087B	$2.032B	$2.236B	$1.841B	$935.0M	$395.0M	$1.087B	$1.883B	$2.112B	$2.082B	$2.009B	$1.941B	$1.708B	$818.0M	$1.422B	$1.296B	$1.167B	$1.067B
% Of Pretax Income	20.5%	20.04%	21.45%	17.62%	19.18%	17.91%	16.82%	26.66%	26.11%	26.1%	26.17%	28.94%	27.77%	22.26%	15.01%	26.52%	29.96%	30.77%	31.68%	32.53%	34.35%	34.6%	34.93%	34.29%	36.83%	35.36%	40.02%
Net Earnings	$5.051B	$5.501B	$7.963B	$4.959B	$6.914B	$7.096B	$6.218B	$5.888B	$5.879B	$5.851B	$5.836B	$5.647B	$4.872B	$3.317B	$2.205B	$2.946B	$4.324B	$4.751B	$4.489B	$4.167B	$3.733B	$3.168B	$1.479B	$2.752B	$2.240B	$2.133B	$1.599B
YoY Change	-8.18%	-30.92%	60.58%	-28.28%	-2.56%	14.12%	5.6%	0.15%	0.48%	0.26%	3.35%	15.91%	46.88%	50.43%	-25.15%	-31.87%	-8.99%	5.84%	7.73%	11.63%	17.83%	114.2%	-46.26%	22.86%	5.02%	33.4%
Net Earnings / Revenue	17.95%	30.65%	59.04%	33.42%		31.35%	28.39%	27.63%	28.95%	29.02%	29.77%	27.83%	38.55%	27.28%
Basic Earnings Per Share	$3.27	$3.69	$5.11	$3.06		$4.15	$3.53	$3.25	$3.18	$3.10	$3.02	$2.85	$2.47	$1.74
Diluted Earnings Per Share	$3.27	$3.692M	$5.344M	$3.284M	$4.368M	$4.14	$3.51	$3.24	$3.16	$3.08	$3.00	$2.84	$2.46	$1.73	$1.186M	$1.678M	$2.462M	$2.634M	$2.417M	$2.178M	$1.947M	$1.662M	$769.9K	$1.434M	$1.161M	$1.105M	$850.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$3.623B	$3.858B	$3.305B	$3.468B	$3.702B	$2.457B	$2.432B	$2.443B	$2.513B	$2.618B	$2.606B	$2.670B	$2.657B	$2.487B	$2.263B	$1.790B	$1.779B	$1.835B	$1.841B	$1.890B	$1.957B	$1.697B	$1.741B	$1.836B	$1.865B
YoY Change	-6.09%	16.73%	-4.7%	-6.32%	50.67%	1.03%	-0.45%	-2.79%	-4.01%	0.46%	-2.4%	0.49%	6.84%	9.9%	26.42%	0.62%	-3.05%	-0.33%	-2.59%	-3.42%	15.32%	-2.53%	-5.17%	-1.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$663.5B	$674.8B	$573.3B	$553.9B	$495.4B	$467.4B	$462.0B	$446.0B	$421.9B	$402.5B	$364.0B	$353.9B	$340.1B	$307.8B	$281.2B	$265.9B	$237.6B	$219.2B	$209.5B	$195.1B	$189.5B	$180.0B	$171.4B	$164.9B	$154.3B	$142.9B	$129.5B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$1.406B	$1.500B	$1.170B	$1.234B	$1.342B
YoY Change	-6.27%	28.21%	-5.19%	-8.05%
Deferred Revenue
YoY Change
Short-Term Debt	$15.28B	$31.22B	$11.80B	$11.77B	$23.72B	$14.14B	$16.65B	$13.96B	$27.88B	$29.89B	$27.61B	$26.30B	$30.47B	$32.56B	$31.31B	$33.98B	$32.37B	$26.93B	$20.20B	$13.08B	$10.85B	$7.806B	$14.67B	$11.83B	$10.56B	$11.10B	$11.79B
YoY Change	-51.05%	164.63%	0.25%	-50.4%	67.78%	-15.09%	19.25%	-49.91%	-6.74%	8.28%	4.97%	-13.67%	-6.42%	3.98%	-7.86%	4.98%	20.19%	33.33%	54.39%	20.59%	39.0%	-46.79%	23.98%	12.08%	-4.9%	-5.84%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$15.28B	$1.500B	$1.170B	$1.234B	$1.342B	$14.14B	$16.65B	$13.96B	$27.88B	$29.89B	$27.61B	$26.30B	$30.47B	$32.56B	$31.31B	$33.98B	$32.37B	$26.93B	$20.20B	$13.08B	$10.85B	$7.806B	$14.67B	$11.83B	$10.56B	$11.10B	$11.79B
YoY Change	918.6%	28.21%	-5.19%	-8.05%	-90.51%	-15.09%	19.25%	-49.91%	-6.74%	8.28%	4.97%	-13.67%	-6.42%	3.98%	-7.86%	4.98%	20.19%	33.33%	54.39%	20.59%	39.0%	-46.79%	23.98%	12.08%	-4.9%	-5.84%
Long-Term Debt	$51.48B	$39.83B	$30.96B	$40.06B	$38.83B	$41.34B	$32.26B	$33.32B	$32.08B	$32.26B	$20.05B	$25.52B	$31.95B	$31.54B	$32.58B	$38.36B	$43.44B	$37.60B	$37.07B	$34.74B	$33.82B	$31.58B	$28.54B	$23.28B	$22.43B	$17.13B	$10.44B
YoY Change	29.25%	28.67%	-22.73%	3.19%	-6.08%	28.15%	-3.19%	3.88%	-0.56%	60.91%	-21.43%	-20.15%	1.32%	-3.2%	-15.07%	-11.7%	15.53%	1.44%	6.71%	2.73%	7.07%	10.65%	22.62%	3.79%	30.9%	64.06%
Other Long-Term Liabilities	$28.65B	$27.55B	$17.89B	$17.35B	$17.14B	$14.76B	$16.25B	$16.16B	$14.68B	$13.48B	$12.43B	$12.59B	$11.85B	$9.118B	$7.381B	$7.187B	$9.314B	$8.618B	$7.401B	$6.906B	$6.390B	$6.529B	$6.320B	$4.926B	$3.802B	$3.330B	$3.056B
YoY Change	3.98%	53.98%	3.15%	1.23%	16.08%	-9.15%	0.58%	10.04%	8.95%	8.37%	-1.22%	6.26%	29.91%	23.53%	2.7%	-22.84%	8.08%	16.44%	7.17%	8.08%	-2.13%	3.31%	28.3%	29.56%	14.17%	8.97%
Total Long-Term Liabilities	$80.13B	$67.38B	$48.85B	$57.41B	$55.96B	$56.10B	$48.51B	$49.48B	$46.76B	$45.74B	$32.48B	$38.10B	$43.80B	$40.66B	$39.96B	$45.55B	$52.75B	$46.22B	$44.47B	$41.65B	$40.21B	$38.11B	$34.86B	$28.20B	$26.23B	$20.46B	$13.50B
YoY Change	18.92%	37.94%	-14.91%	2.59%	-0.25%	15.66%	-1.96%	5.81%	2.24%	40.8%	-14.75%	-13.0%	7.73%	1.74%	-12.26%	-13.66%	14.14%	3.94%	6.78%	3.58%	5.5%	9.32%	23.62%	7.52%	28.18%	51.59%
Total Liabilities	$608.2B	$624.0B	$518.4B	$500.8B	$443.6B	$416.3B	$413.0B	$398.7B	$375.7B	$359.1B	$322.9B	$314.9B	$306.1B	$278.3B	$255.2B	$239.6B	$216.6B	$198.0B	$189.4B	$175.6B	$170.2B	$161.6B	$154.9B	$149.8B	$140.4B	$130.5B	$118.6B
YoY Change	-2.54%	20.39%	3.51%	12.9%	6.54%	0.81%	3.6%	6.11%	4.64%	11.19%	2.56%	2.85%	10.02%	9.03%	6.51%	10.64%	9.36%	4.57%	7.87%	3.13%	5.35%	4.3%	3.46%	6.68%	7.56%	10.03%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	1.543B shares	1.489B	1.489B	1.509B	1.634B shares	1.677B shares	1.718B shares	1.764B shares	1.803B shares	1.839B shares	1.887B shares	1.914B shares	1.912B shares	1.851B shares
Diluted Shares Outstanding	1.543B shares	1.490B	1.490B	1.510B	1.638B shares	1.683B shares	1.724B shares	1.772B shares	1.813B shares	1.849B shares	1.896B shares	1.923B shares	1.921B shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $81.137 Billion

About US BANCORP \DE\

U.S. Bancorp operates as a bank holding company, which offers financial services including lending and depository services, cash management, foreign exchange and trust and investment management. The company is headquartered in Minneapolis, Minnesota and currently employs 75,465 full-time employees. The Company’s major lines of business are Wealth, Corporate, Commercial and Institutional Banking, Consumer and Business Banking, Payment Services, and Treasury and Corporate Support. The firm provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. The company also engages in credit card services, merchant and ATM processing, and others. Its banking subsidiary, U.S. Bank National Association (USBNA), is engaged in the banking business, principally in domestic markets. USBNA provides a range of products and services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions. Its non-banking subsidiaries offer investment and insurance products to the Company’s customers principally within its domestic markets, and fund administration services to a range of mutual and other funds.

Industry: National Commercial Banks Peers: BANK OF AMERICA CORP /DE/ JPMORGAN CHASE & CO CITIGROUP INC WELLS FARGO & COMPANY/MN