U.S. Bancorp
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.66B | $27.46B | $28.14B | $24.30B | $22.72B | $23.23B | $22.88B | $22.64B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $9.52B | $7.91B | $19.48B | $10.52B | $11.16B | $8.07B | $13.04B | $11.93B |
| Operating Margin | 33.2% | 28.8% | 69.2% | 43.3% | 49.1% | 34.7% | 57.0% | 52.7% |
| Interest Expense | — | — | $12.61B | $3.22B | $993.0M | $2.02B | $4.44B | $3.25B |
| Pretax Income | $9.52B | $7.91B | $6.87B | $7.30B | $10.17B | $6.05B | $8.59B | $8.68B |
| Income Tax Expense | $1.92B | $1.58B | $1.41B | $1.46B | $2.18B | $1.07B | $1.65B | $1.55B |
| Net Income | $7.57B | $6.30B | $5.43B | $5.83B | $7.96B | $4.96B | $6.91B | $7.10B |
| Net Margin | 26.4% | 22.9% | 19.3% | 24.0% | 35.0% | 21.4% | 30.2% | 31.3% |
| EPS (Basic) | $4.62 | $3.79 | $3.27 | $3.69 | $5.11 | $3.06 | $4.16 | $4.15 |
| EPS (Diluted) | $4.62 | $3.79 | $3.27 | $3.69 | $5.10 | $3.06 | $4.16 | $4.14 |
| Shares Outstanding (Basic) | 1.56B | 1.56B | 1.54B | 1.49B | 1.49B | 1.51B | 1.58B | 1.63B |
| Shares Outstanding (Diluted) | 1.56B | 1.56B | 1.54B | 1.49B | 1.49B | 1.51B | 1.58B | 1.64B |
| Dividends Per Share | $2.04 | $1.98 | $1.93 | $1.88 | $1.76 | $1.68 | $1.58 | $1.34 |