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USB (U.S. Bancorp) Net Margin % : 23.83% (As of Dec. 2024)


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What is U.S. Bancorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. U.S. Bancorp's Net Income for the three months ended in Dec. 2024 was $1,663 Mil. U.S. Bancorp's Revenue for the three months ended in Dec. 2024 was $6,979 Mil. Therefore, U.S. Bancorp's net margin for the quarter that ended in Dec. 2024 was 23.83%.

The historical rank and industry rank for U.S. Bancorp's Net Margin % or its related term are showing as below:

USB' s Net Margin % Range Over the Past 10 Years
Min: 19.38   Med: 28.38   Max: 35.05
Current: 23.04


USB's Net Margin % is ranked worse than
56.05% of 1538 companies
in the Banks industry
Industry Median: 24.875 vs USB: 23.04

U.S. Bancorp Net Margin % Historical Data

The historical data trend for U.S. Bancorp's Net Margin % 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 Net Margin % Chart

U.S. Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.35 35.05 24.09 19.38 23.04

U.S. Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.58 19.73 23.44 25.08 23.83

Competitive Comparison of U.S. Bancorp's Net Margin %

For the Banks - Regional subindustry, U.S. Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, U.S. Bancorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where U.S. Bancorp's Net Margin % falls into.


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U.S. Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

U.S. Bancorp's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=6299/27335
=23.04 %

U.S. Bancorp's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=1663/6979
=23.83 %

* 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.


U.S. Bancorp  (NYSE:USB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


U.S. Bancorp Net Margin % Related Terms

Thank you for viewing the detailed overview of U.S. Bancorp's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


U.S. Bancorp Business Description

Address
800 Nicollet Mall, Minneapolis, MN, USA, 55402
With assets of around $680 billion, U.S. Bancorp is one of the largest regional banks in the US with its footprint in 26 states. The bank's branch network is mostly in the midwestern and western markets. U.S. Bancorp has a comprehensive product set, with offerings in retail and commercial banking, credit cards, mortgages, payment services, trust, and wealth services.
Executives
Jodi L Richard officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
James L Chosy officer: EVP, General Counsel, and Sec. 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
Andrew Cecere officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Lisa R Stark officer: EVP and Controller 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
Timothy A Welsh officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
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
Von Gillern Jeffry H. officer: Vice Chairman U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402