U.S. Bancorp (USB)
NYSE: USB · IEX Real-Time Price · USD
35.06
+0.27 (0.78%)
At close:
Mar 23, 2023, 4:00 PM
35.46
+0.40 (1.14%)
After-hours:
Mar 23, 2023, 5:15 PM EDT
Income Statement (Annual)
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Year | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 - 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22,207 | 23,894 | 19,420 | 21,379 | 21,142 | 20,307 | 19,632 | 18,961 | 18,710 | 18,038 | |
| Revenue Growth (YoY) | -7.06% | 23.04% | -9.16% | 1.12% | 4.11% | 3.44% | 3.54% | 1.34% | 3.73% | -0.79% | |
| Gross Profit | 22,207 | 23,894 | 19,420 | 21,379 | 21,142 | 20,307 | 19,632 | 18,961 | 18,710 | 18,038 | |
| Selling, General & Admin | 12,964 | 12,362 | 11,360 | 10,999 | 10,594 | 10,086 | 9,333 | 8,938 | 8,538 | 8,356 | |
| Other Operating Expenses | 1,942 | 1,366 | 2,009 | 1,786 | 1,870 | 2,704 | 2,194 | 1,993 | 2,177 | 1,918 | |
| Operating Expenses | 14,906 | 13,728 | 13,369 | 12,785 | 12,464 | 12,790 | 11,527 | 10,931 | 10,715 | 10,274 | |
| Operating Income | 7,301 | 10,166 | 6,051 | 8,594 | 8,678 | 7,517 | 8,105 | 8,030 | 7,995 | 7,764 | |
| Other Expense / Income | 13 | 22 | 26 | 32 | 28 | 35 | 56 | 54 | 57 | -104 | |
| Pretax Income | 7,288 | 10,144 | 6,025 | 8,562 | 8,650 | 7,482 | 8,049 | 7,976 | 7,938 | 7,868 | |
| Income Tax | 1,463 | 2,181 | 1,066 | 1,648 | 1,554 | 1,264 | 2,161 | 2,097 | 2,087 | 2,032 | |
| Net Income | 5,825 | 7,963 | 4,959 | 6,914 | 7,096 | 6,218 | 5,888 | 5,879 | 5,851 | 5,836 | |
| Preferred Dividends | 324 | 358 | 338 | 331 | 312 | 305 | 299 | 271 | 268 | 284 | |
| Net Income Common | 5,501 | 7,605 | 4,621 | 6,583 | 6,784 | 5,913 | 5,589 | 5,608 | 5,583 | 5,552 | |
| Net Income Growth | -27.67% | 64.57% | -29.80% | -2.96% | 14.73% | 5.80% | -0.34% | 0.45% | 0.56% | 3.14% | |
| Shares Outstanding (Basic) | 1,489 | 1,489 | 1,509 | 1,581 | 1,634 | 1,677 | 1,718 | 1,764 | 1,803 | 1,839 | |
| Shares Outstanding (Diluted) | 1,490 | 1,490 | 1,510 | 1,583 | 1,638 | 1,683 | 1,724 | 1,772 | 1,813 | 1,849 | |
| Shares Change | - | -1.32% | -4.61% | -3.36% | -2.67% | -2.38% | -2.71% | -2.26% | -1.95% | -2.48% | |
| EPS (Basic) | 3.69 | 5.11 | 3.06 | 4.16 | 4.15 | 3.53 | 3.25 | 3.18 | 3.10 | 3.02 | |
| EPS (Diluted) | 3.69 | 5.10 | 3.06 | 4.16 | 4.14 | 3.51 | 3.24 | 3.16 | 3.08 | 3.00 | |
| EPS Growth | -27.65% | 66.67% | -26.44% | 0.48% | 17.95% | 8.33% | 2.53% | 2.60% | 2.67% | 5.63% | |
| Free Cash Flow Per Share | 14.18 | 6.63 | 2.46 | 3.09 | 6.46 | 3.86 | 3.11 | 4.98 | 2.96 | 6.22 | |
| Dividend Per Share | 1.880 | 1.760 | 1.680 | 1.580 | 1.340 | 1.160 | 1.070 | 1.010 | 0.965 | 0.885 | |
| Dividend Growth | 6.82% | 4.76% | 6.33% | 17.91% | 15.52% | 8.41% | 5.94% | 4.66% | 9.04% | 13.46% | |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | |
| Operating Margin | 32.88% | 42.55% | 31.16% | 40.20% | 41.05% | 37.02% | 41.28% | 42.35% | 42.73% | 43.04% | |
| Profit Margin | 24.77% | 31.83% | 23.80% | 30.79% | 32.09% | 29.12% | 28.47% | 29.58% | 29.84% | 30.78% | |
| Free Cash Flow Margin | 95.10% | 41.31% | 19.13% | 22.87% | 49.97% | 31.87% | 27.18% | 46.32% | 28.50% | 63.45% | |
| Effective Tax Rate | 20.07% | 21.50% | 17.69% | 19.25% | 17.97% | 16.89% | 26.85% | 26.29% | 26.29% | 25.83% | |
| EBITDA | 7,848 | 10,641 | 6,552 | 9,064 | 9,117 | 7,950 | 8,519 | 8,457 | 8,439 | 8,388 | |
| EBITDA Margin | 35.34% | 44.53% | 33.74% | 42.40% | 43.12% | 39.15% | 43.39% | 44.60% | 45.10% | 46.50% | |
| Depreciation & Amortization | 560 | 497 | 527 | 502 | 467 | 468 | 470 | 481 | 501 | 520 | |
| EBIT | 7,288 | 10,144 | 6,025 | 8,562 | 8,650 | 7,482 | 8,049 | 7,976 | 7,938 | 7,868 | |
| EBIT Margin | 32.82% | 42.45% | 31.02% | 40.05% | 40.91% | 36.84% | 41.00% | 42.07% | 42.43% | 43.62% |
Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).