Us Bancorp \De\ (USB) Free Cash Flow (2009 - 2026)
Us Bancorp's Free Cash Flow came in at $3.8 billion for Q3 2026, up 12.2% from $3.39 billion a year earlier but down 21.1% from the prior quarter.
Us Bancorp \De\ (USB) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Us Bancorp reported Free Cash Flow of $12.94 billion, up 31.5% year-over-year; for FY2025, it came in at $7.97 billion, down 29.8% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 16.5% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $11.35 billion in FY2024 (+35.2%), $8.39 billion in FY2023 (-60.3%), $21.12 billion in FY2022 (+114.0%) and $9.87 billion in FY2021 (+165.6%).
- The five-year range for quarterly Free Cash Flow is -$308 million (Q1 2025) to $8.48 billion (Q1 2022).
- Year-over-year, Free Cash Flow increased in three of the last five quarters, with growth averaging 68.2%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q4 2022 (growth of 879.8%), and the weakest in Q4 2023 (a decline of 94.7%).
- Business Quant data shows USB's Free Cash Flow at $4.82 billion (Q2 2026), $1.34 billion (Q1 2026) and $2.98 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 33.16 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | -6.50 Bn |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | -46.97 Bn |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 25.17 Bn |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 3.66 Bn |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 8.87 Bn |
| 10 | Us Bancorp \De\ | 95.04 Bn | 95.50 Bn | - | 3.80 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.80 Bn |
| Jun 30, 2026 | 4.82 Bn |
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | 2.98 Bn |
| Sep 30, 2025 | 3.39 Bn |
| Jun 30, 2025 | 1.91 Bn |
| Mar 31, 2025 | -308.00 Mn |
| Dec 31, 2024 | 4.84 Bn |
| Sep 30, 2024 | 972.00 Mn |
| Jun 30, 2024 | 2.87 Bn |
| Mar 31, 2024 | 2.66 Bn |
| Dec 31, 2023 | 362.00 Mn |
| Sep 30, 2023 | 3.87 Bn |
| Jun 30, 2023 | 3.32 Bn |
| Mar 31, 2023 | 842.00 Mn |
| Dec 31, 2022 | 6.89 Bn |
| Sep 30, 2022 | 3.51 Bn |
| Jun 30, 2022 | 2.25 Bn |
| Mar 31, 2022 | 8.48 Bn |
| Dec 31, 2021 | 703.00 Mn |
Us Bancorp \De\ Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=USB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "USB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=USB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();