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GuruFocus has detected 4 Warning Signs with US Bancorp $USB.
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US Bancorp (NYSE:USB)
Pre-Tax Income
$8,105 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. US Bancorp's pretax income for the three months ended in Dec. 2016 was $2,040 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was $8,105 Mil. US Bancorp's pretax margin was 37.88%.

During the past 13 years, US Bancorp's highest Pretax Margin was 44.78%. The lowest was 15.98%. And the median was 38.46%.


Definition

This is the income that a company earns before paying income taxes.

US Bancorp's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Other
=8105+0
=8,105

US Bancorp's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Other
=2040+0
=2,040

US Bancorp Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was 1905 (Mar. 2016 ) + 2078 (Jun. 2016 ) + 2082 (Sep. 2016 ) + 2040 (Dec. 2016 ) = $8,105 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

US Bancorp's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=2040/5386
=37.88%

During the past 13 years, US Bancorp's highest Pretax Margin was 44.78%. The lowest was 15.98%. And the median was 38.46%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

US Bancorp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 6,2074,0992,6324,2006,6297,7267,7647,9958,0308,105

US Bancorp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Pretax Income 2,0092,0221,9232,0252,0372,0451,9052,0782,0822,040
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