US BANCORP (USB)
US9029733048 - Common Stock
Overall USB gets a fundamental rating of 3 out of 10. We evaluated USB against 406 industry peers in the Banks industry. Both the profitability and financial health of USB have multiple concerns. USB has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year USB was profitable.
USB had a positive operating cash flow in the past year.
In the past 5 years USB has always been profitable.
USB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.74%, USB perfoms like the industry average, outperforming 43.56% of the companies in the same industry.
USB has a Return On Equity (8.65%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.74% | ||
| ROE | 8.65% | ||
| ROIC | N/A |
ROA(3y)0.97%
ROA(5y)1.01%
ROE(3y)11.27%
ROE(5y)11.04%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 18.81%, USB is doing worse than 63.86% of the companies in the same industry.
In the last couple of years the Profit Margin of USB has declined.
USB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 18.81% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.23%
PM growth 5Y-9.75%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
USB does not have a ROIC to compare to the WACC, probably because it is not profitable.
USB has more shares outstanding than it did 1 year ago.
USB has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, USB has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of USB is 11.35, which is on the high side as it means it would take USB, 11.35 years of fcf income to pay off all of its debts.
USB's Debt to FCF ratio of 11.35 is on the low side compared to the rest of the industry. USB is outperformed by 72.52% of its industry peers.
A Debt/Equity ratio of 1.33 is on the high side and indicates that USB has dependencies on debt financing.
USB's Debt to Equity ratio of 1.33 is on the low side compared to the rest of the industry. USB is outperformed by 88.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | 11.35 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.96%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for USB have decreased strongly by -13.91% in the last year.
USB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.05% yearly.
USB shows a decrease in Revenue. In the last year, the revenue decreased by -1.92%.
The Revenue has been growing slightly by 4.46% on average over the past years.
EPS 1Y (TTM)-13.91%
EPS 3Y12.06%
EPS 5Y1.05%
EPS Q2Q%-1.9%
Revenue 1Y (TTM)-1.92%
Revenue growth 3Y6.45%
Revenue growth 5Y4.46%
Sales Q2Q%-2.39%
3.2 Future
USB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.78% yearly.
Based on estimates for the next years, USB will show a small growth in Revenue. The Revenue will grow by 2.59% on average per year.
EPS Next Y-7.59%
EPS Next 2Y0.54%
EPS Next 3Y4.31%
EPS Next 5Y3.78%
Revenue Next Year-2.77%
Revenue Next 2Y0.76%
Revenue Next 3Y1.87%
Revenue Next 5Y2.59%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.29 indicates a correct valuation of USB.
60.15% of the companies in the same industry are more expensive than USB, based on the Price/Earnings ratio.
USB is valuated cheaply when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.97 indicates a reasonable valuation of USB.
USB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. USB is cheaper than 61.88% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of USB to the average of the S&P500 Index (22.83), we can say USB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.29 | ||
| Fwd PE | 10.97 |
4.2 Price Multiples
USB's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. USB is cheaper than 65.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.8 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)11.69
EPS Next 2Y0.54%
EPS Next 3Y4.31%
5. Dividend
5.1 Amount
USB has a Yearly Dividend Yield of 4.22%, which is a nice return.
Compared to an average industry Dividend Yield of 3.15, USB pays a better dividend. On top of this USB pays more dividend than 81.44% of the companies listed in the same industry.
USB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.22% |
5.2 History
On average, the dividend of USB grows each year by 8.14%, which is quite nice.
USB has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.14%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
67.04% of the earnings are spent on dividend by USB. This is not a sustainable payout ratio.
USB's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP67.04%
EPS Next 2Y0.54%
EPS Next 3Y4.31%
US BANCORP
NYSE:USB (12/20/2024, 8:04:00 PM)
After market: 48.46 +0.54 (+1.13%)47.92
+0.51 (+1.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners79.35%
Inst Owner Change1.29%
Ins Owners0.08%
Ins Owner Change-0.76%
Market Cap74.76B
Analysts74.48
Price Target55.65 (16.13%)
Short Float %1.39%
Short Ratio2.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.22% |
Dividend Growth(5Y)8.14%
DP67.04%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.24%
Min EPS beat(2)3.19%
Max EPS beat(2)3.29%
EPS beat(4)3
Avg EPS beat(4)1.98%
Min EPS beat(4)-0.02%
Max EPS beat(4)3.29%
EPS beat(8)6
Avg EPS beat(8)1.65%
EPS beat(12)9
Avg EPS beat(12)1.21%
EPS beat(16)12
Avg EPS beat(16)5.38%
Revenue beat(2)0
Avg Revenue beat(2)-1.12%
Min Revenue beat(2)-1.88%
Max Revenue beat(2)-0.36%
Revenue beat(4)0
Avg Revenue beat(4)-1.19%
Min Revenue beat(4)-1.88%
Max Revenue beat(4)-0.36%
Revenue beat(8)0
Avg Revenue beat(8)-1.7%
Revenue beat(12)1
Avg Revenue beat(12)-1.38%
Revenue beat(16)3
Avg Revenue beat(16)-1.21%
PT rev (1m)3.57%
PT rev (3m)9.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.56%
EPS NY rev (1m)0%
EPS NY rev (3m)1.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.29 | ||
| Fwd PE | 10.97 | ||
| P/S | 2.76 | ||
| P/FCF | 10.8 | ||
| P/OCF | 10.8 | ||
| P/B | 1.27 | ||
| P/tB | 1.83 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.9
EY8.14%
EPS(NY)4.37
Fwd EY9.11%
FCF(TTM)4.44
FCFY9.26%
OCF(TTM)4.44
OCFY9.26%
SpS17.36
BVpS37.73
TBVpS26.15
PEG (NY)N/A
PEG (5Y)11.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.74% | ||
| ROE | 8.65% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 18.81% | ||
| GM | N/A | ||
| FCFM | 25.56% |
ROA(3y)0.97%
ROA(5y)1.01%
ROE(3y)11.27%
ROE(5y)11.04%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.23%
PM growth 5Y-9.75%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | 11.35 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 135.91% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC11.96%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)226.98%
Profit Quality(5y)167.12%
High Growth Momentum
Growth
EPS 1Y (TTM)-13.91%
EPS 3Y12.06%
EPS 5Y1.05%
EPS Q2Q%-1.9%
EPS Next Y-7.59%
EPS Next 2Y0.54%
EPS Next 3Y4.31%
EPS Next 5Y3.78%
Revenue 1Y (TTM)-1.92%
Revenue growth 3Y6.45%
Revenue growth 5Y4.46%
Sales Q2Q%-2.39%
Revenue Next Year-2.77%
Revenue Next 2Y0.76%
Revenue Next 3Y1.87%
Revenue Next 5Y2.59%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-53.64%
FCF growth 3Y31.48%
FCF growth 5Y-4.37%
OCF growth 1Y-53.64%
OCF growth 3Y31.48%
OCF growth 5Y-4.37%