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Operating Income for U.S. Bancorp (USB)

Latest filings through · Reported

Metric

TTM

$10.05B

YoY change

+20.3%

5Y CAGR

+9.5%

Peak year (2021)

$10.17B

Operating Income history chart for U.S. Bancorp (USB) from 1985 to 2025

Latest: $9.52B

Operating Income growth chart for U.S. Bancorp (USB) from 1985 to 2025

Latest: +20.3%

Operating Income history table for U.S. Bancorp (USB) from 1985 to 2025

  • 2025$9.52B+20.3%
  • 2024$7.91B+15.2%
  • 2023$6.87B-6.0%
  • 2022$7.30B-28.2%
  • 2021$10.17B+68.0%
  • 2020$6.05B-29.6%
  • 2019$8.59B-1.0%
  • 2018$8.68B+15.4%
  • 2017$7.52B-7.3%
  • 2016$8.11B+0.9%
  • 2015$8.03B+0.4%
  • 2014$8.00B+3.0%
  • 2013$7.76B+0.5%
  • 2012$7.73B+16.5%
  • 2011$6.63B+57.8%
  • 2010$4.20B+59.6%
  • 2009$2.63B-35.8%
  • 2008$4.10B-34.8%
  • 2007$6.29B-8.4%
  • 2006$6.86B+4.4%
  • 2005$6.57B+6.4%
  • 2004$6.18B+9.3%
  • 2003$5.65B+14.5%
  • 2002$4.94B+110.7%
  • 2001$2.34B-46.6%
  • 2000$4.39B+85.8%
  • 1999$2.36B+12.8%
  • 1998$2.09B+80.6%
  • 1997$1.16B+85.7%
  • 1996$624.10M+204.4%
  • 1995$205.00M+14.9%
  • 1994$178.40M-62.6%
  • 1993$476.80M+104.5%
  • 1992$233.10M+143.1%
  • 1991$95.90M+3.5%
  • 1990$92.70M+15.7%
  • 1989$80.10M+44.6%
  • 1988$55.40M+33.5%
  • 1987$41.50M+3.5%
  • 1986$40.10M+17.6%
  • 1985$34.10M—

Operating Income 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 Operating Income at U.S. Bancorp (USB)

According to U.S. Bancorp's latest reported financial statements, the company's current operating income (TTM) is $10.05B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

U.S. Bancorp (USB) most recent annual operating income stands at $9.52B (2025) – grew 20.3% year-over-year.

U.S. Bancorp operating income compound annual growth for the 2020–2025 (5 years) window is +9.5%, sustaining 2 straight years of year-over-year growth.

U.S. Bancorp operating income peaked at $10.17B in 2021; the latest annual figure is $9.52B in 2025 (6.4% below peak).

The highest annual operating income of $10.17B was reported in 2021. The lowest in the available history was $34.10M in 1985.

U.S. Bancorp Operating Income by Year

U.S. Bancorp Operating Income 2025: $9.52B

2025's operating income for U.S. Bancorp came in at $9.52B, grew 20.3% from 2024.

U.S. Bancorp Operating Income 2024: $7.91B

U.S. Bancorp posted operating income of $7.91B in 2024, grew 15.2% from 2023.

U.S. Bancorp Operating Income 2023: $6.87B

In 2023, U.S. Bancorp reported operating income of $6.87B, declined 6.0% below 2022.

U.S. Bancorp Operating Income 2022: $7.30B

U.S. Bancorp operating income in 2022 was $7.30B, declined 28.2% below 2021.

U.S. Bancorp Operating Income 2021: $10.17B

U.S. Bancorp operating income in 2021 was $10.17B.

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

Sector peers by Operating Income

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

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