Capital Expenditures for U.S. Bancorp (USB)
According to U.S. Bancorp's latest reported financial statements, the company's current capital expenditures (TTM) is $0 USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

USB
Currently viewingCapital ExpendituresSwitch metric
Latest period
$0
YoY change
N/A
5Y CAGR
N/A
Peak year (2003)
$670.10M
Cumulative capital expenditures
$3.27B
CapEx history chart for U.S. Bancorp (USB) from 1989 to 2025
CapEx history table for U.S. Bancorp (USB) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $0 | — | ||
| 2024 | $0 | — | ||
| 2023 | $0 | — | ||
| 2022 | $0 | — | ||
| 2021 | $0 | — | ||
| 2020 | $0 | — | ||
| 2019 | $0 | — | ||
| 2018 | $0 | — | ||
| 2017 | $0 | — | ||
| 2016 | $0 | — | ||
| 2015 | $0 | — | ||
| 2014 | $0 | — | ||
| 2013 | $0 | — | ||
| 2012 | $0 | — | ||
| 2011 | $0 | — | ||
| 2010 | $0 | — | ||
| 2009 | $0 | — | ||
| 2008 | $0 | — | ||
| 2007 | $0 | — | ||
| 2006 | $0 | — | ||
| 2005 | $0 | -100.0% | ||
| 2004 | $192.00M | -71.3% | ||
| 2003 | $670.10M | +55.9% | ||
| 2002 | $429.80M | +43.6% | ||
| 2001 | $299.20M | -21.8% | ||
| 2000 | $382.80M | +185.7% | ||
| 1999 | $134.00M | -14.0% | ||
| 1998 | $155.80M | -75.0% | ||
| 1997 | $623.30M | +646.5% | ||
| 1996 | $83.50M | +317.5% | ||
| 1995 | $20.00M | -34.4% | ||
| 1994 | $30.50M | -72.7% | ||
| 1993 | $111.60M | +12.4% | ||
| 1992 | $99.30M | +494.6% | ||
| 1991 | $16.70M | +108.7% | ||
| 1990 | $8.00M | -13.0% | ||
| 1989 | $9.20M | — |
CapEx values are taken from U.S. Bancorp's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of U.S. Bancorp (USB) capital expenditures is $0.
U.S. Bancorp capital expenditures peaked at $670.10M in 2003; the latest annual figure is $0 in 2025 (100.0% below peak).
The highest annual capital expenditures of $670.10M was reported in 2003. The lowest in the available history was $0 in 2005.
Within Financial Services, U.S. Bancorp (USB) ranks 6th among 8 peers we track. The peer median for capital expenditures is $985.50M.
U.S. Bancorp Capital Expenditures by Year
U.S. Bancorp Capital Expenditures 2025: $0
U.S. Bancorp capital expenditures in 2025 was $0.
U.S. Bancorp Capital Expenditures 2024: $0
U.S. Bancorp capital expenditures in 2024 was $0.
U.S. Bancorp Capital Expenditures 2023: $0
U.S. Bancorp capital expenditures in 2023 was $0.
U.S. Bancorp Capital Expenditures 2022: $0
U.S. Bancorp capital expenditures in 2022 was $0.
U.S. Bancorp Capital Expenditures 2021: $0
U.S. Bancorp capital expenditures in 2021 was $0.
See more financial history for U.S. Bancorp (USB).
Sector peers — CapEx
Companies in the same sector as U.S. Bancorp, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Berkshire Hathaway Inc. (BRK-B) | $20.93B | Financial Services |
| Morgan Stanley (MS) | $2.90B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $2.06B | Financial Services |
| Visa Inc. (V) | $1.48B | Financial Services |
| Mastercard Incorporated (MA) | $489.00M | Financial Services |
| JPMorgan Chase & Co. (JPM) | $0 | Financial Services |
| Bank of America Corporation (BAC) | $0 | Financial Services |
| Wells Fargo & Company (WFC) | $0 | Financial Services |
Frequently asked questions
What is U.S. Bancorp's capital expenditures?
- Latest reported capital expenditures for U.S. Bancorp (USB) is $0 (period ending December 31, 2025).
When did U.S. Bancorp capital expenditures hit its highest annual value?
- U.S. Bancorp capital expenditures reached its highest annual value of $670.10M in 2003.
What was U.S. Bancorp capital expenditures in 2024?
- U.S. Bancorp (USB) capital expenditures in 2024 was $0.
What was U.S. Bancorp capital expenditures in 2025?
- U.S. Bancorp (USB) capital expenditures in 2025 was $0.
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