U.S. Bancorp
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. U.S. Bancorp's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $28,013,000,000. Profit margin reached 19%. Total operating expenses were $28,013,000,000.
Profit Margin
| 2014 | 19.93B | 5.85B | 29.34% |
|---|---|---|---|
| 2015 | 20.09B | 5.87B | 29.26% |
| 2016 | 21.10B | 5.88B | 27.9% |
| 2017 | 21.85B | 6.21B | 28.46% |
| 2018 | 22.52B | 7.09B | 31.51% |
| 2019 | 22.88B | 6.91B | 30.21% |
| 2020 | 23.22B | 4.95B | 21.35% |
| 2021 | 22.72B | 7.96B | 35.05% |
| 2022 | 24.18B | 5.82B | 24.09% |
| 2023 | 28.01B | 5.42B | 19.38% |
USB-PR Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 28.01B | 24.18B | 22.72B | 23.22B | 22.88B | 22.52B | 21.85B | 21.10B | 20.09B | 19.93B |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 340M | 0 | 0 | 0 | 0 |
Gross profit | 28.01B | 24.18B | 22.72B | 23.22B | 22.88B | 22.18B | 21.85B | 21.10B | 20.09B | 19.93B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 726M | 456M | 366M | 318M | 426M | 429M | 542M | 435M | 361M | 382M |
Total operating expenses | 28.01B | -13.67B | -12.57B | -17.20B | -14.32B | -10.27B | -11.93B | -11.12B | -10.40B | -10.24B |
Operating income | 7.84B | 10.50B | 10.14B | 6.02B | 8.56B | 11.90B | 9.91B | 9.97B | 9.68B | 9.69B |
Other income (expenses), net | -981M | -3.20B | 22M | -1.83B | 32M | -3.22B | -2.28B | -1.87B | -1.55B | -1.66B |
Income before tax | 6.86B | 7.30B | 10.16B | 6.05B | 8.59B | 8.67B | 7.51B | 8.10B | 8.03B | 7.99B |
Income tax expense | 1.40B | 1.46B | 2.18B | 1.06B | 1.64B | 1.55B | 1.26B | 2.16B | 2.09B | 2.08B |
Net income | 5.42B | 5.82B | 7.96B | 4.95B | 6.91B | 7.09B | 6.21B | 5.88B | 5.87B | 5.85B |
Earnings per share | ||||||||||
Basic EPS | 3.27 | 3.69 | 5.11 | 3.06 | 4.16 | 4.34 | 3.53 | 3.25 | 3.18 | 3.1 |
Diluted EPS | 3.27 | 3.69 | 5.1 | 3.06 | 4.16 | 4.33 | 3.51 | 3.24 | 3.16 | 3.08 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |