U.S. Bancorp (U.S. Bancorp) Debt-to-Equity

: 1.14 (As of Dec. 2023)

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U.S. Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11,455 Mil. U.S. Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $51,480 Mil. U.S. Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $55,306 Mil. U.S. Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 1.14.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for U.S. Bancorp's Debt-to-Equity or its related term are showing as below:

USB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 1.08 Max: 1.39
Current: 1.14

During the past 13 years, the highest Debt-to-Equity Ratio of U.S. Bancorp was 1.39. The lowest was 0.76. And the median was 1.08.

USB's Debt-to-Equity is ranked worse than
67.45% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs USB: 1.14

U.S. Bancorp Debt-to-Equity Historical Data

The historical data trend for U.S. Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

U.S. Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.19

0.96

0.76

1.37

1.14

U.S. Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity																1.87	1.46	1.22	1.14	1.26

Competitive Comparison

For the Banks - Regional subindustry, U.S. Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

U.S. Bancorp Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, U.S. Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where U.S. Bancorp's Debt-to-Equity falls into.

U.S. Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

U.S. Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(11455	+	51480)	/	55306
	=	1.14

U.S. Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(11455	+	51480)	/	55306
	=	1.14

U.S. Bancorp (NYSE:USB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

U.S. Bancorp Debt-to-Equity Related Terms

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U.S. Bancorp (U.S. Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » U.S. Bancorp (NYSE:USB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

USBpS.PFD:USA USBpQ.PFD:USA USBpP.PFD:USA USBpH.PFD:USA USBpA.PFD:USA USB:Mexico 1USB:Italy UB5:Germany UB5:Germany UB5:Germany USB:Chile USBC34:Brazil USB:Argentina

Address

800 Nicollet Mall, Minneapolis, MN, USA, 55402

Website

https://www.usbank.com

As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in roughly 26 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.

Executives

Timothy A Welsh	officer: Vice Chairman	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Terrance R Dolan	officer: EVP, Controller	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Shailesh M Kotwal	officer: Vice Chairman	8501 N. SCOTTSDALE ROAD, SUITE 300, SCOTTSDALE AZ 85253
Venkatachari Dilip	officer: SEVP & Chief Info & Tech Off	800 NICOLLET MALL, MINNEAPOLIS MN 55402
John C Stern	officer: SEVP and CFO	800 NICOLLET MALL, MINNEAPOLIS MN 55402
James B Kelligrew	officer: Vice Chairman	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Richard P Mckenney	director	UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Scott W. Wine	director	2100 HIGHWAY 55, MEDINA MN 55340
Alan B. Colberg	director	ASSURANT, INC., ONE CHASE MANHATTAN PLAZA, 41 FL., NEW YORK NY 10005
Souheil Badran	officer: SEVP, Chief Operations Officer	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Andrew Cecere	officer: Vice Chairman	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Von Gillern Jeffry H.	officer: Vice Chairman	U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Lisa R Stark	officer: EVP and Controller	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Loretta E Reynolds	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Katherine B Quinn	officer: EVP, Strategy & Corp. Affairs	US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402