---
title: "U.S. Bancorp: Metrics Guide"
description: "U.S. Bancorp revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained."
canonical: https://www.getswoopr.com/stocks/companies/u-s-bancorp/metrics/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# U.S. Bancorp: Financial & Operating Metrics Guide

## Direct Answer

U.S. Bancorp reported revenue of $28.7 billion for the fiscal year ended December 31, 2025, net income of $7.6 billion, according to its SEC filings. Revenue grew 4.4% from the prior year.

## What Are U.S. Bancorp's Key Financial Figures?

| Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 |
| --- | --- | --- | --- | --- |
| Revenue | $28.7 billion | $27.5 billion | $28.1 billion | $24.3 billion |
| Operating income | Not reported | Not reported | Not reported | Not reported |
| Operating margin | n/a | n/a | n/a | n/a |
| Net income | $7.6 billion | $6.3 billion | $5.4 billion | $5.8 billion |
| Net margin | 26.4% | 22.9% | 19.3% | 24.0% |
| Operating cash flow | $8.0 billion | $11.3 billion | $8.4 billion | $21.1 billion |
| Capital expenditures | Not reported | Not reported | Not reported | Not reported |
| Free cash flow | Not reported | Not reported | Not reported | Not reported |

![Bar chart of U.S. Bancorp revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $28.7 billion and net income $7.6 billion.](https://www.getswoopr.com/images/charts/u-s-bancorp-metrics-revenue-profit.webp)
*U.S. Bancorp revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.*

![Line chart of U.S. Bancorp net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was 26.4%.](https://www.getswoopr.com/images/charts/u-s-bancorp-metrics-margins.webp)
*U.S. Bancorp operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.*

## What Does U.S. Bancorp's Balance Sheet Show?

| Cash and cash equivalents | $46.9 billion |
| --- | --- |
| Long-term debt | Not reported |
| Total assets | $692 billion |
| Total liabilities | $627 billion |
| Shareholders' equity | $65.2 billion |
| Current ratio | n/a |

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

## Where These Numbers Come From

Every figure on this page is a value U.S. Bancorp reported in its own SEC filings, read from the SEC's XBRL data (accession 0000036104-26-000011 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What was U.S. Bancorp's revenue in fiscal 2025?

U.S. Bancorp reported revenue of $28.7 billion for the fiscal year ended December 31, 2025, according to its SEC filings.

### What is U.S. Bancorp's operating margin?

U.S. Bancorp did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit.

### How much free cash flow did U.S. Bancorp generate?

U.S. Bancorp did not report both operating cash flow and capital expenditures under the standard tags for fiscal 2025, so free cash flow is not computed here.

## References

- [SEC EDGAR: US BANCORP \DE\ Form 10-K filed February 23, 2026](https://www.sec.gov/Archives/edgar/data/36104/000003610426000011/usb-20251231.htm)
- [SEC EDGAR: US BANCORP \DE\ annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=36104&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [U.S. Bancorp company dossier](https://www.getswoopr.com/stocks/companies/u-s-bancorp/)
- [U.S. Bancorp financial metrics](https://www.getswoopr.com/stocks/companies/u-s-bancorp/metrics/)
- [U.S. Bancorp financial risk indicators](https://www.getswoopr.com/stocks/companies/u-s-bancorp/risks/)
- [U.S. Bancorp peer comparison](https://www.getswoopr.com/stocks/companies/u-s-bancorp/competitors/)
- [U.S. Bancorp business model and revenue mix](https://www.getswoopr.com/stocks/companies/u-s-bancorp/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).