How does U.S. Bancorp (USB) make money?

U.S. Bancorp (USB) primarily makes money through Wealth Management And Investment Services, which accounts for 39.4% of total revenue. For TTM through Q1 2026, U.S. Bancorp generated $43.34B in total revenue with a net profit margin of 18%.

What is U.S. Bancorp (USB) gross profit margin?

U.S. Bancorp (USB) reported a gross profit margin of 62.8% for TTM through Q1 2026, equivalent to $27.22B in gross profit. This means U.S. Bancorp retains 62.8% of each revenue unit after direct costs of production.

What is U.S. Bancorp (USB) operating profit margin?

U.S. Bancorp (USB) reported an operating profit margin of 23.2% for TTM through Q1 2026, equivalent to $10.05B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is U.S. Bancorp (USB) net profit margin?

U.S. Bancorp (USB) reported a net profit margin of 18% for TTM through Q1 2026, equivalent to $7.81B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

What is U.S. Bancorp (USB) free cash flow?

U.S. Bancorp (USB) generated $7.97B in free cash flow for TTM through Q1 2026 (18.4% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is U.S. Bancorp (USB) effective tax rate?

U.S. Bancorp (USB) had an effective tax rate of 19.9% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

How U.S. Bancorp (USB) Makes Money: A Visual Guide

U.S. Bancorp (USB) generated $43.34B in revenue, earning $7.81B in net profit (18% margin). Its largest revenue source is Wealth Management And Investment Services (39.4% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

U.S. Bancorp (USB) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 8, 2026).

Frequently asked questions

How does U.S. Bancorp (USB) make money?: U.S. Bancorp (USB) primarily makes money through Wealth Management And Investment Services, which accounts for 39.4% of total revenue. For TTM through Q1 2026, U.S. Bancorp generated $43.34B in total revenue with a net profit margin of 18%.
What is U.S. Bancorp (USB) gross profit margin?: U.S. Bancorp (USB) reported a gross profit margin of 62.8% for TTM through Q1 2026, equivalent to $27.22B in gross profit. This means U.S. Bancorp retains 62.8% of each revenue unit after direct costs of production.
What is U.S. Bancorp (USB) operating profit margin?: U.S. Bancorp (USB) reported an operating profit margin of 23.2% for TTM through Q1 2026, equivalent to $10.05B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is U.S. Bancorp (USB) net profit margin?: U.S. Bancorp (USB) reported a net profit margin of 18% for TTM through Q1 2026, equivalent to $7.81B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
What is U.S. Bancorp (USB) free cash flow?: U.S. Bancorp (USB) generated $7.97B in free cash flow for TTM through Q1 2026 (18.4% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is U.S. Bancorp (USB) effective tax rate?: U.S. Bancorp (USB) had an effective tax rate of 19.9% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q1 2026.