Ticker League

Net Profit Margin for U.S. Bancorp (USB)

As of · Reported

Metric

TTM

18.0%

YoY change

+2.93pp

Trough year (1989)

9.1%

Peak year (2021)

33.6%

Net Profit Margin history chart for U.S. Bancorp (USB) from 1989 to 2025

Latest: 17.7%

Net Profit Margin change chart for U.S. Bancorp (USB) from 1989 to 2025

Latest: +2.93pp

Net Profit Margin history table for U.S. Bancorp (USB) from 1989 to 2025

  • 202517.7%+2.93pp
  • 202414.7%+1.38pp
  • 202313.4%-7.89pp
  • 202221.3%-12.32pp
  • 202133.6%+13.93pp
  • 202019.6%-5.66pp
  • 201925.3%-2.23pp
  • 201827.5%+1.25pp
  • 201726.3%+0.02pp
  • 201626.3%-1.48pp
  • 201527.7%+0.39pp
  • 201427.4%-0.36pp
  • 201327.7%+2.28pp
  • 201225.4%+2.67pp
  • 201122.8%+6.60pp
  • 201016.2%+4.85pp
  • 200911.3%-4.01pp
  • 200815.3%-5.84pp
  • 200721.2%-3.56pp
  • 200624.7%-2.32pp
  • 200527.0%-1.29pp
  • 200428.3%+2.72pp
  • 200325.6%+4.07pp
  • 200221.5%+12.08pp
  • 20019.5%-7.49pp
  • 200017.0%-0.90pp
  • 199917.9%+0.54pp
  • 199817.3%+3.77pp
  • 199713.6%-0.79pp
  • 199614.3%-1.76pp
  • 199516.1%-0.88pp
  • 199417.0%+3.62pp
  • 199313.4%-0.71pp
  • 199214.1%+4.08pp
  • 199110.0%+0.19pp
  • 19909.8%+0.67pp
  • 19899.1%—

Net Profit Margin values are taken from U.S. Bancorp's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Net Profit Margin at U.S. Bancorp (USB)

According to U.S. Bancorp's latest reported financial statements, the company's latest reported net margin is 18.0%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual net margin for U.S. Bancorp (USB) came in at 17.68% – expanded 2.9 percentage points year-over-year.

Across the available history, net margin reached its high of 33.58% in 2021 and its low of 9.12% in 1989.

U.S. Bancorp Net Profit Margin by Year

U.S. Bancorp Net Profit Margin 2025: 17.7%

U.S. Bancorp net margin in 2025 was 17.68%, expanded 2.9 percentage points from 2024.

U.S. Bancorp Net Profit Margin 2024: 14.7%

2024's net margin for U.S. Bancorp came in at 14.75%, expanded 1.4 percentage points from 2023.

U.S. Bancorp Net Profit Margin 2023: 13.4%

U.S. Bancorp posted net margin of 13.36% in 2023, contracted 7.9 percentage points from 2022.

U.S. Bancorp Net Profit Margin 2022: 21.3%

In 2022, U.S. Bancorp reported net margin of 21.26%, contracted 12.3 percentage points from 2021.

U.S. Bancorp Net Profit Margin 2021: 33.6%

U.S. Bancorp net margin in 2021 was 33.58%.

See more financial history for U.S. Bancorp (USB).

Sector peers by Net Profit Margin

Financial Services peers of U.S. Bancorp (USB), ranked by their latest net margin

Frequently asked questions

U.S. Bancorp (USB) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview