Stocktoria

US BANCORP DE USB

NYSE · stock · National Commercial Banks · website · IPO 1984-05-07

US BANCORP DE statistics & valuation

Market cap$91.4B
P / E12.1×
P / S3.2×
P / B1.4×
Dividend yield3.47%
Net margin26.4%
Return on equity11.5%
Graham number +0.4%$65.31

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($65.31); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
27.60% 28.40% 31.30% 24.00% 19.30% 22.90% 26.40% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
12.30% 12.50% 13.70% 13.20% 9.20% 14.40% 11.40% 9.70% 10.70% 11.50% 2016201720182019202020212022202320242025
Shares outstanding
1.72B 1.70B 1.64B 1.58B 1.51B 1.50B 1.50B 1.60B 1.60B 1.60B 2016201720182019202020212022202320242025
Net debt ($)
$33.32B $32.26B $41.34B $40.17B $41.30B $32.12B $39.83B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.30% 1.30% 1.50% 1.40% 0.90% 1.40% 0.90% 0.80% 0.90% 1.10% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.70× 0.65× 0.80× 0.77× 0.77× 0.58× 0.78× 2016201720182019202020212022202320242025
EPS ($)
$3.24 $3.51 $4.14 $4.16 $3.06 $5.10 $3.69 $3.27 $3.79 $4.62 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

US BANCORP DE trades at about 14.1× earnings — above its 10-year norm (10-year range 11.4×–16.3×, median 12.8×).

11.4× 16.3×

Shaded band = 10-year range (11.4×–16.3×); dot = today's 14.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin26.4%22.9%19.3%24.0%———31.3%28.4%27.6%
Return on assets1.1%0.9%0.8%0.9%1.4%0.9%1.4%1.5%1.3%1.3%
Return on equity11.5%10.7%9.7%11.4%14.4%9.2%13.2%13.7%12.5%12.3%
Debt / equity———0.78×0.58×0.77×0.77×0.80×0.65×0.70×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.