Latest headcount
68,520
YoY change
-2.5%
Headcount CAGR
+5.5%
Revenue / employee
$625.5K
Employee count history for U.S. Bancorp
| Fiscal year | Employees |
|---|---|
| 1993 | 12,300 |
| 1994 | 11,997 |
| 1996 | 12,976 |
| 2001 | 50,461 |
| 2002 | 51,673 |
| 2003 | 51,377 |
| 2004 | 48,831 |
| 2005 | 49,684 |
| 2006 | 50,000 |
| 2010 | 60,584 |
| 2011 | 62,529 |
| 2012 | 64,486 |
| 2013 | 65,565 |
| 2014 | 66,750 |
| 2015 | 65,433 |
| 2016 | 71,191 |
| 2017 | 72,402 |
| 2018 | 73,333 |
| 2019 | 69,651 |
| 2020 | 68,108 |
| 2021 | 68,796 |
| 2022 | 78,192 |
| 2023 | 75,465 |
| 2024 | 70,263 |
| 2025 | 68,520 |
Revenue per employee for U.S. Bancorp
Annual revenue divided by reported headcount, normalized to US dollars.
| Fiscal year | Revenue per employee (USD) |
|---|---|
| 1993 | $181.4K |
| 1994 | $57.2K |
| 1996 | $223.3K |
| 2001 | $309.5K |
| 2002 | $284.6K |
| 2003 | $283.6K |
| 2004 | $301.1K |
| 2005 | $334K |
| 2006 | $384.3K |
| 2010 | $338.7K |
| 2011 | $342.2K |
| 2012 | $344.3K |
| 2013 | $321.2K |
| 2014 | $320.5K |
| 2015 | $323.9K |
| 2016 | $315K |
| 2017 | $326.8K |
| 2018 | $351.5K |
| 2019 | $392.3K |
| 2020 | $370.6K |
| 2021 | $344.7K |
| 2022 | $350.4K |
| 2023 | $538.3K |
| 2024 | $607.9K |
| 2025 | $625.5K |
Earnings per employee for U.S. Bancorp
Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.
| Fiscal year | Earnings per employee (USD) |
|---|---|
| 1993 | $24.2K |
| 1994 | $9.7K |
| 1996 | $32K |
| 2001 | $29.3K |
| 2002 | $61.3K |
| 2003 | $72.7K |
| 2004 | $85.3K |
| 2005 | $90.4K |
| 2006 | $95K |
| 2010 | $54.8K |
| 2011 | $77.9K |
| 2012 | $87.6K |
| 2013 | $89K |
| 2014 | $87.7K |
| 2015 | $89.8K |
| 2016 | $82.7K |
| 2017 | $85.9K |
| 2018 | $96.8K |
| 2019 | $99.3K |
| 2020 | $72.8K |
| 2021 | $115.7K |
| 2022 | $74.5K |
| 2023 | $71.9K |
| 2024 | $89.6K |
| 2025 | $110.6K |
Employee count history for U.S. Bancorp (USB)
Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.
- 202568,520-2.5%
- 202470,263-6.9%
- 202375,465-3.5%
- 202278,192+13.7%
- 202168,796+1.0%
- 202068,108-2.2%
- 201969,651-5.0%
- 201873,333+1.3%
- 201772,402+1.7%
- 201671,191+8.8%
- 201565,433-2.0%
- 201466,750+1.8%
- 201365,565+1.7%
- 201264,486+3.1%
- 201162,529+3.2%
- 201060,584—
- 200650,000+0.6%
- 200549,684+1.7%
- 200448,831-5.0%
- 200351,377-0.6%
- 200251,673+2.4%
- 200150,461—
- 200028,949+7.7%
- 199926,891+5.3%
- 199825,526-1.3%
- 199725,858—
- 199612,976—
- 199513,231—
- 199411,997-2.5%
- 199312,300—
About U.S. Bancorp's employee count
U.S. Bancorp (USB) employed 68,520 people in fiscal year 2025, based on its most recent annual report. That headcount shrank by -1,743 (-2.5%) from 70,263 a year earlier.
Across the 1993–2025 period, the company's reported workforce went from 12,300 to 68,520 employees — a compound annual growth rate (CAGR) of +5.5% per year.
U.S. Bancorp generated about $625.5K of revenue and $110.6K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.
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