Net margin
26.4% Fiscal year 2025
Rank 77 of 100: higher than 77% of 237 peers (All). strong.
Rank 56 of 100: higher than 56% of 33 peers (Sector). medium.
Median Financials: 26.2%
Profit after all costs, interest and taxes divided by revenue.
U.S. Bancorp is the parent company of U.S. Bank, a US bank from Minneapolis. It offers accounts, loans, credit cards and merchant payment processing to private and business customers. Its branch network is mainly in the Midwest and West of the US. As of Oct 13, 2026
The group is a financial holding company based in Minneapolis, Minnesota. The offering ranges from loans, deposits and treasury services to capital markets and wealth management to credit cards, merchant processing, mortgages, insurance and leasing. The banking subsidiary USBNA serves individuals, companies, institutions, government agencies and other financial institutions, mainly domestically. Branches are mainly in the Midwest and West of the United States. The Payment Services segment comprises credit, debit and corporate cards and merchant processing, and Consumer and Business Banking serves consumers and small businesses. The Wealth, Corporate, Commercial and Institutional Banking segment serves wealthy clients, middle-market companies, large corporations, real estate clients, government agencies and institutions.
Automatically summarized from SEC annual report (10-K, filed Feb 23, 2026) (website of the US Securities and Exchange Commission) · reviewed Oct 15, 2026
Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
This method currently detects no pattern for USB. The check runs daily after the close.
You see new patterns immediately from Watcher, on the free plan 2 days after they form. Plans and pricing
What is this? In an intact uptrend (price above the 200-day line, 50-day line rising), the price pulls back to the 50-day line after a rise and closes back above it.
This is a calculated analysis, not a forecast and not a call to buy. Risk notice and investment advice
U.S. Bancorp · Sector Financials · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 23, 2026.
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
Fiscal year to Dec 31, 2025
26.4% Fiscal year 2025
Rank 77 of 100: higher than 77% of 237 peers (All). strong.
Rank 56 of 100: higher than 56% of 33 peers (Sector). medium.
Median Financials: 26.2%
Profit after all costs, interest and taxes divided by revenue.
11.6% Fiscal year 2025
Rank 36 of 100: higher than 36% of 218 peers (All). medium.
Rank 39 of 100: higher than 39% of 32 peers (Sector). medium.
Median Financials: 13.9%
Net income divided by equity at fiscal year end.
1.1% Fiscal year 2025 (total assets at year end)
Rank 22 of 100: higher than 22% of 238 peers (All). weak.
Rank 29 of 100: higher than 29% of 33 peers (Sector). weak.
Median Financials: 2.4%
Net income divided by total assets at fiscal year end.
9.4% Fiscal year 2025
Rank 13 of 100: higher than 13% of 239 peers (All). weak.
Rank 29 of 100: higher than 29% of 33 peers (Sector). weak.
Median Financials: 18.2%
Equity as a share of total assets. Usually low for banks.
+5.6% per year
Rank 39 of 100: higher than 39% of 230 peers (All). medium.
Rank 17 of 100: higher than 17% of 32 peers (Sector). weak.
Median Financials: +9.7%
Average growth per year over 3 fiscal years.
+3.5% per year
Rank 27 of 100: higher than 27% of 157 peers (All). weak.
Rank 20 of 100: higher than 20% of 23 peers (Sector). weak.
Median Financials: +7.2%
Average growth per year over 10 fiscal years.
+7.8% per year
Rank 39 of 100: higher than 39% of 157 peers (All). medium.
Rank 23 of 100: higher than 23% of 24 peers (Sector). weak.
Median Financials: +17.6%
Growth of earnings per share per year, adjusted for stock splits.
+8.6% per year
Rank 34 of 100: higher than 34% of 146 peers (All). medium.
Rank 22 of 100: higher than 22% of 25 peers (Sector). weak.
Median Financials: +14.8%
Growth of earnings per share per year, adjusted for stock splits.
+3.9% per year
Rank 20 of 100: higher than 20% of 140 peers (All). weak.
Rank 10 of 100: higher than 10% of 24 peers (Sector). weak.
Median Financials: +11.5%
Growth of earnings per share per year, adjusted for stock splits.
44% Fiscal year 2025
Dividend per share divided by earnings per share.
+4.0% per year
Rank 17 of 100: higher than 17% of 118 peers (All). weak.
Rank 13 of 100: higher than 13% of 20 peers (Sector). weak.
Median Financials: +10.0%
Growth of the dividend per share per year.
0.93 at fiscal year end
Rank 35 of 100: lower than 35% of 199 peers (All). medium.
Rank 48 of 100: lower than 48% of 26 peers (Sector). medium.
Median Financials: 0.83
Long-term financial debt divided by equity.
+3.2% in 5 years
Rank 35 of 100: lower than 35% of 199 peers (All). medium.
Rank 27 of 100: lower than 27% of 24 peers (Sector). weak.
Median Financials: −6.1%
Change in diluted share count. Negative = share buybacks, positive = new shares.
Banks and insurers usually do not report gross margin, current assets or capital expenditure – those criteria then do not count. Debt is part of their business.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 28.7B USD · Net income 7.6B USD · Net margin 26.4%
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Of 100 USD of revenue, 26.4 USD net income remained.
| Item | Amount | of revenue |
|---|---|---|
| Revenue | 28.7B USD | 100.0% |
| Net income | 7.6B USD | 26.4% |
| Taxes | 1.9B USD | 6.7% |
| Remaining costs & other | 19.2B USD | 66.9% |
Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.
The net margin rose in 3 years from 24.0% to 26.4%.
Net marginReturn on equity rose in 5 years from 9.3% to 11.6%.
Return on equityReturn on assetsThe equity ratio stayed roughly the same in 5 years (9.4%).
EquityLong-term debt in USD Long-term debt, depending on the filing, includes the current portion or leases. Definition changes: some years use a different debt tag.The share count rose in 5 years by 3.2% – more new shares were issued than repurchased (dilution).
Diluted share countBanks and insurers: gross margin, current assets and capital expenditure are usually not reported and cash flow is not meaningful there – those lines and charts are omitted.
From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
The dividend per share rose in 5 years from 1.68 USD to 2.04 USD.
Dividend per share USD per share Per share as filed with the SEC, including special dividends; obvious filing errors are hidden.The payout ratio fell in 5 years from 54.9% to 44.2%.
Payout ratio (earnings)Over 5 years, 16.9B USD went back to shareholders, 14% of it through share repurchases. This was offset by new shares issued for 1.1B USD (including employee plans).
Dividends paidShare repurchasesNew shares issued (including employee plans)Free cash flow in USDFor banks and insurers free cash flow is not meaningful; ratios to free cash flow are usually omitted.
Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users. Log in
U.S. Bancorp next to 8 stocks of the sector Financials we cover that are closest in revenue. Click a column header to sort the table.
| Symbol | Revenue (FY) | Growth 5 yrs | Gross margin | Op. margin | Net margin | ROE | Equity ratio | FCF margin | Piotroski |
|---|---|---|---|---|---|---|---|---|---|
| V Visa Inc. | 40.0B USD | +12.9% | – | 60.0% | 50.1% | 52.9% | 38.1% | – | – |
| PYPL PayPal | 33.2B USD | +9.1% | – | 18.3% | 15.8% | 25.8% | 25.3% | – | – |
| MA Mastercard | 32.8B USD | +16.5% | – | 57.6% | 45.6% | 193.2% | 14.3% | – | – |
| USB U.S. Bancorp this stock | 28.7B USD | – | – | – | 26.4% | 11.6% | 9.4% | – | – |
| MRSH Marsh McLennan | 27.0B USD | +9.4% | – | 23.1% | 15.4% | 27.2% | 26.1% | – | – |
| BLK BlackRock | 24.2B USD | +8.4% | – | 29.1% | 22.9% | 9.9% | 32.9% | – | – |
| SCHW Charles Schwab Corporation | 23.9B USD | +15.4% | – | – | 37.0% | 17.9% | 10.1% | – | – |
| PNC PNC Financial Services | 23.1B USD | +6.4% | – | – | 30.0% | 11.4% | 10.6% | – | – |
| BNY BNY Mellon | 20.1B USD | +4.9% | – | – | 27.6% | 12.5% | 9.4% | – | – |
| Median of the sector 33 symbols | 27.0B USD | +9.1% | – | 39.0% | 26.2% | 13.9% | 18.2% | – | – |
Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).
Banks and insurers: gross margin (only if reported), free cash flow margin and Piotroski are not meaningful there (“–”).
Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 79 symbols in the Financials sector on our list (current members of the S&P 500 and other lists).
+5.6% per year, last 3 years
Sector Financials: median +9.3% (76 symbols)
What does this mean? Revenue: over 3 years it grew by 5.6% per year on average, but more slowly than the median company in the sector (+9.3%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
+8.8% per year, last 5 years
Sector Financials: median +13.8% (71 symbols)
per share: +8.6% per year (5 years, split-adjusted)
What does this mean? Total net income: over 5 years it grew by 8.8% per year on average, but more slowly than the median company in the sector (+13.8%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
26.4% last fiscal year
Sector Financials: median 19.4% (75 symbols)
What does this mean? Of every 100 USD in revenue, 26.42 USD remained as profit – at least as much as the median company in the sector (19.4%).
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
0.87 latest balance sheet
Sector Financials: median 0.63 (60 symbols)
What does this mean? For every 1 USD of equity there is 0.87 USD of financial debt – more than the median company in the sector (0.63). For banks and insurers, debt is part of the business – so the comparison is only with their own sector.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
44% Dividend / earnings per share
Sector Financials: median 34% (58 symbols)
What does this mean? Of every 1 USD of earnings per share, 0.44 USD went to shareholders as a dividend. The rest stays in the company. Median company in the sector: 34%.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
10 of 10 fiscal years with a profit
What does this mean? In 10 of the last 10 fiscal years the bottom line showed a profit. There were no losses in this period.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
| Year | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 28.7B | 7.6B | 26.4% | 4.62 | 2.04 | 44% |
| 2024 | Dec 31, 2024 | 27.5B | 6.3B | 22.9% | 3.79 | 1.98 | 52% |
| 2023 | Dec 31, 2023 | 28.1B | 5.4B | 19.3% | 3.27 | 1.93 | 59% |
| 2022 | Dec 31, 2022 | 24.3B | 5.8B | 24.0% | 3.69 | 1.88 | 51% |
| 2021 | Dec 31, 2021 | – | 8.0B | – | 5.10 | 1.76 | 35% |
| 2020 | Dec 31, 2020 | – | 5.0B | – | 3.06 | 1.68 | 55% |
| 2019 | Dec 31, 2019 | – | 6.9B | – | 4.16 | 1.58 | 38% |
| 2018 | Dec 31, 2018 | 22.6B | 7.1B | 31.3% | 4.14 | 1.34 | 32% |
| 2017 | Dec 31, 2017 | 22.1B | 6.2B | 28.2% | 3.51 | 1.16 | 33% |
| 2016 | Dec 31, 2016 | 21.3B | 5.9B | 27.6% | 3.24 | 1.07 | 33% |
| Quarter | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| Q2/26 | Jun 30, 2026 | 7.7B | 2.2B | 28.2% | 1.35 | 0.52 | 39% |
| Q1/26 | Mar 31, 2026 | 7.3B | 1.9B | 26.7% | 1.18 | 0.52 | 44% |
| Q4/25* | Dec 31, 2025 | 7.4B | 2.0B | 27.8% | – | 0.52 | – |
| Q3/25 | Sep 30, 2025 | 7.3B | 2.0B | 27.3% | 1.22 | 0.52 | 43% |
| Q2/25 | Jun 30, 2025 | 7.0B | 1.8B | 25.9% | 1.11 | 0.50 | 45% |
| Q1/25 | Mar 31, 2025 | 7.0B | 1.7B | 24.6% | 1.03 | 0.50 | 49% |
| Q4/24* | Dec 31, 2024 | 7.0B | 1.7B | 23.7% | – | 0.50 | – |
| Q3/24 | Sep 30, 2024 | 6.9B | 1.7B | 25.0% | 1.03 | 0.50 | 49% |
| Q2/24 | Jun 30, 2024 | 6.9B | 1.6B | 23.3% | 0.97 | 0.49 | 51% |
| Q1/24 | Mar 31, 2024 | 6.7B | 1.3B | 19.6% | 0.78 | 0.49 | 63% |
| Q4/23* | Dec 31, 2023 | 6.8B | 847.0M | 12.5% | – | 0.49 | – |
| Q3/23 | Sep 30, 2023 | 7.0B | 1.5B | 21.7% | 0.91 | 0.48 | 53% |
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
| Period | Purchases | Sales | Net |
|---|---|---|---|
| 3 months | $00 people | $1.7M1 person | −$1.7M |
| 6 months | $00 people | $7.4M4 people | −$7.4M |
| 12 months | $00 people | $12.6M7 people | −$12.6M |
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.
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