Question 1

What is U.S. Bancorp's P/S ratio?

Accepted Answer

U.S. Bancorp (USB) P/S ratio is 2.0× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for U.S. Bancorp?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For U.S. Bancorp specifically, the relevant sector benchmark is the current sector median of 2.2×.

Question 5

Is U.S. Bancorp's P/S ratio high or low?

Accepted Answer

U.S. Bancorp's P/S ratio of 2.0× is below its own 5-year average of 2.2× and below the sector median of 2.2×. That places the current reading at the 60th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is U.S. Bancorp's historical P/S ratio range?

Accepted Answer

In the available daily series, U.S. Bancorp (USB) P/S ratio has ranged from a low of 1.3× in 2023 to a high of 4.0× in 2003. The 5-year average is 2.2× and the 5-year median is 1.8×.

Question 7

What was U.S. Bancorp's P/S ratio in 2025?

Accepted Answer

U.S. Bancorp (USB) P/S ratio at the end of 2025 was 1.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does U.S. Bancorp's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$82.97B	$42.86B	1.9×	+0.2×	Dec 31, 2025
2024	$74.61B	$42.71B	1.7×	+0.1×	Dec 31, 2024
2023	$67.39B	$40.62B	1.7×	-0.7×	Dec 31, 2023
2022	$65.46B	$27.40B	2.4×	-1.1×	Dec 31, 2022
2021	$83.30B	$23.71B	3.5×	+0.7×	Dec 31, 2021
2020	$70.21B	$25.24B	2.8×	-0.6×	Dec 31, 2020
2019	$92.26B	$27.32B	3.4×	+0.5×	Dec 31, 2019
2018	$73.81B	$25.43B	2.9×	-0.8×	Dec 31, 2018
2017	$88.89B	$23.74B	3.7×	-0.1×	Dec 31, 2017
2016	$87.33B	$22.74B	3.8×	+0.4×	Dec 31, 2016
2015	$74.54B	$21.49B	3.5×	-0.3×	Dec 31, 2015
2014	$80.33B	$21.39B	3.8×	+0.3×	Dec 31, 2014
2013	$73.57B	$21.06B	3.5×	+0.8×	Dec 31, 2013
2012	$59.80B	$22.14B	2.7×	+0.3×	Dec 31, 2012
2011	$51.50B	$21.11B	2.4×	-0.1×	Dec 31, 2011
2010	$51.62B	$20.52B	2.5×	+0.3×	Dec 31, 2010
2009	$42.95B	$19.83B	2.2×	-0.2×	Dec 31, 2009
2008	$43.87B	$18.35B	2.4×	-0.3×	Dec 31, 2008
2007	$54.94B	$20.37B	2.7×	-0.6×	Dec 31, 2007
2006	$63.40B	$19.11B	3.3×	+0.1×	Dec 31, 2006
2005	$53.83B	$16.60B	3.2×	-0.7×	Dec 31, 2005
2004	$58.00B	$14.71B	3.9×	-0.0×	Dec 31, 2004
2003	$56.24B	$14.16B	4.0×	+1.4×	Dec 31, 2003
2002	$40.15B	$15.43B	2.6×	+0.2×	Dec 31, 2002
2001	$39.62B	$16.44B	2.4×	—	Dec 31, 2001


Brookfield (BN)	1.3×
The Hartford (HIG)	1.3×
Chesapeake Financial Shares (CPKF)	1.3×
American Financial Group (AFG)	1.3×
Progressive (PGR)	1.3×
Markel (MKL)	1.3×
PSB Holdings (PSBQ)	1.3×
Principal Financial Group (PFG)	1.3×
Travelers Companies (TRV)	1.3×
PayPal (PYPL)	1.2×
Loews (L)	1.2×
Synchrony Financial (SYF)	1.2×
Citigroup (C)	1.2×
AXIS Capital Holdings (AXS)	1.1×
RenaissanceRe Holdings (RNR)	1.1×
Old Republic International (ORI)	1.0×
Everest Re Group (RE)	0.9×
Assurant (AIZ)	0.8×
Allstate (ALL)	0.8×
Mercury General (MCY)	0.8×
Ally Financial (ALLY)	0.8×
Everest Re Group (EG)	0.8×
MetLife (MET)	0.6×
Prudential Financial (PRU)	0.5×
StoneX Group (SNEX)	0.0×

P/S Ratio for U.S. Bancorp (USB)

P/S Ratio daily chart for U.S. Bancorp (USB)

Historical P/S Ratio for U.S. Bancorp (USB) from 2001 to 2025

About P/S Ratio at U.S. Bancorp (USB)

U.S. Bancorp P/S Ratio by Year

U.S. Bancorp P/S Ratio 2025: 1.9×

U.S. Bancorp P/S Ratio 2024: 1.7×

U.S. Bancorp P/S Ratio 2023: 1.7×

U.S. Bancorp P/S Ratio 2022: 2.4×

U.S. Bancorp P/S Ratio 2021: 3.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

U.S. Bancorp (USB) Key Financials

P/S Ratio daily chart for U.S. Bancorp (USB)

Historical P/S Ratio for U.S. Bancorp (USB) from 2001 to 2025

About P/S Ratio at U.S. Bancorp (USB)

U.S. Bancorp P/S Ratio by Year

U.S. Bancorp P/S Ratio 2025: 1.9×

U.S. Bancorp P/S Ratio 2024: 1.7×

U.S. Bancorp P/S Ratio 2023: 1.7×

U.S. Bancorp P/S Ratio 2022: 2.4×

U.S. Bancorp P/S Ratio 2021: 3.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is U.S. Bancorp's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for U.S. Bancorp?

+Is U.S. Bancorp's P/S ratio high or low?

+What is U.S. Bancorp's historical P/S ratio range?

+What was U.S. Bancorp's P/S ratio in 2025?

+Why does U.S. Bancorp's P/S ratio change over time?

U.S. Bancorp (USB) Key Financials