U.S. Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	25,738	22,207	23,894	19,420	21,379	Upgrade
Revenue Growth (YoY)	15.90%	-7.06%	23.04%	-9.16%	1.12%	Upgrade
Gross Profit	25,738	22,207	23,894	19,420	21,379	Upgrade
Selling, General & Admin	15,017	12,964	12,362	11,360	10,999	Upgrade
Other Operating Expenses	3,856	1,942	1,366	2,009	1,786	Upgrade
Operating Expenses	18,873	14,906	13,728	13,369	12,785	Upgrade
Operating Income	6,865	7,301	10,166	6,051	8,594	Upgrade
Other Expense / Income	29	13	22	26	32	Upgrade
Pretax Income	6,836	7,288	10,144	6,025	8,562	Upgrade
Income Tax	1,407	1,463	2,181	1,066	1,648	Upgrade
Net Income	5,429	5,825	7,963	4,959	6,914	Upgrade
Preferred Dividends	378	324	358	338	331	Upgrade
Net Income Common	5,051	5,501	7,605	4,621	6,583	Upgrade
Net Income Growth	-8.18%	-27.67%	64.57%	-29.80%	-2.96%	Upgrade
Shares Outstanding (Basic)	1,543	1,489	1,489	1,509	1,581	Upgrade
Shares Outstanding (Diluted)	1,543	1,490	1,490	1,510	1,583	Upgrade
Shares Change	3.56%	-	-1.32%	-4.61%	-3.36%	Upgrade
EPS (Basic)	3.27	3.69	5.11	3.06	4.16	Upgrade
EPS (Diluted)	3.27	3.69	5.10	3.06	4.16	Upgrade
EPS Growth	-11.38%	-27.65%	66.67%	-26.44%	0.48%	Upgrade
Free Cash Flow	8,447	21,119	9,870	3,716	4,889	Upgrade
Free Cash Flow Per Share	5.47	14.18	6.63	2.46	3.09	Upgrade
Dividend Per Share	1.930	1.880	1.760	1.680	1.580	Upgrade
Dividend Growth	2.66%	6.82%	4.76%	6.33%	17.91%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	26.67%	32.88%	42.55%	31.16%	40.20%	Upgrade
Profit Margin	19.62%	24.77%	31.83%	23.80%	30.79%	Upgrade
Free Cash Flow Margin	32.82%	95.10%	41.31%	19.13%	22.87%	Upgrade
Effective Tax Rate	20.58%	20.07%	21.50%	17.69%	19.25%	Upgrade
EBITDA	7,854	7,848	10,641	6,552	9,064	Upgrade
EBITDA Margin	30.52%	35.34%	44.53%	33.74%	42.40%	Upgrade
Depreciation & Amortization	1,018	560	497	527	502	Upgrade
EBIT	6,836	7,288	10,144	6,025	8,562	Upgrade
EBIT Margin	26.56%	32.82%	42.45%	31.02%	40.05%	Upgrade

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).