U.S. Bancorp Interest Expense History
USB / Financials|8 years of SEC 10-K data (FY2016-FY2023)
$12.6B in FY2023 with a 5-year CAGR of +31.1%. Top quartile in the Financials sector.
Increased from $993M to $12.6B over the past 2 years.
Among 214 Financials companies, U.S. Bancorp is in the bottom 2% for interest expense. Interest Expense has fluctuated over the past 8 years, ranging from $993M in FY2021 to $14.7B in FY2022.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.18 (distress zone, below 1.8 threshold)
- Strong profit margin: 25.4%
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +84.3%
- 5-Year CAGR
- +31.1%
- 10-Year CAGR
- -
Interest Expense Trend
Bottom 2% in FinancialsTop 98% of 214This company $12.6B Sector average $939.3M
▼
+1242.6% above sector average
Key Insights
- 5-year CAGR of +31.1%, indicating consistent growth.
- In FY2023, interest expense decreased 14.4% year-over-year.
- Ranks #4 out of 214 companies in the Financials sector.
- Peak interest expense was recorded in FY2022.
Annual Data
| Year | Interest Expense | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $12.6B | -14.4% |
| FY2022 | $14.7B | +1383.2% |
| FY2021 | $993.0M | -50.7% |
| FY2020 | $2.0B | -54.6% |
| FY2019 | $4.4B | +36.5% |
| FY2018 | $3.3B | +65.5% |
| FY2017 | $2.0B | +33.9% |
| FY2016 | $1.5B | +4.8% |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026