U.S. Bancorp (USB) — Free Cash Flow Generation Index
Latest as of June 2026:
1.00x
U.S. Bancorp (USB) has a Free Cash Flow Generation Index of 1.00x as of June 2026. Free cash flow of $4.82 Billion represents 1% of operating cash flow ($4.82 Billion). Explore capital reinvestment ratio of U.S. Bancorp to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
1.00x
Free Cash Flow / Operating CF
Free Cash Flow
$4.82 Billion
USD
Operating Cash Flow
$4.82 Billion
USD
Capital Expenditures
$0.00
USD
U.S. Bancorp Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for U.S. Bancorp across 37 annual periods. For the full cash flow conversion analysis, see USB cash flow conversion.
Annual Free Cash Flow Generation for U.S. Bancorp (1989–2025)
Year-by-year Free Cash Flow Generation Index for U.S. Bancorp. Check USB capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.00x | $7.97 Billion | $7.97 Billion | $0.00 | ▲ +0.0% |
| 2024 | 1.00x | $11.27 Billion | $11.27 Billion | $0.00 | ▲ +0.0% |
| 2023 | 1.00x | $8.45 Billion | $8.45 Billion | $6.03 Billion | ▲ +0.0% |
| 2022 | 1.00x | $21.12 Billion | $21.12 Billion | $0.00 | ▲ +0.0% |
| 2021 | 1.00x | $9.87 Billion | $9.87 Billion | $661.00 Million | ▲ +0.0% |
| 2020 | 1.00x | $3.72 Billion | $3.72 Billion | $556.00 Million | ▲ +0.0% |
| 2019 | 1.00x | $4.89 Billion | $4.89 Billion | $0.00 | ▲ +0.0% |
| 2018 | 1.00x | $10.56 Billion | $10.56 Billion | $0.00 | ▲ +0.0% |
| 2017 | 1.00x | $6.47 Billion | $6.47 Billion | $0.00 | ▲ +0.0% |
| 2016 | 1.00x | $5.34 Billion | $5.34 Billion | $0.00 | ▲ +0.0% |
| 2015 | 1.00x | $8.78 Billion | $8.78 Billion | $0.00 | ▲ +0.0% |
| 2014 | 1.00x | $5.33 Billion | $5.33 Billion | $13.57 Billion | ▲ +0.0% |
| 2013 | 1.00x | $11.45 Billion | $11.45 Billion | $13.98 Billion | ▲ +0.0% |
| 2012 | 1.00x | $7.96 Billion | $7.96 Billion | $16.00 Billion | ▲ +0.0% |
| 2011 | 1.00x | $9.82 Billion | $9.82 Billion | $15.68 Billion | ▲ +0.0% |
| 2010 | 1.00x | $5.24 Billion | $5.24 Billion | $8.77 Billion | ▲ +0.0% |
| 2009 | 1.00x | $7.60 Billion | $7.60 Billion | $1.70 Billion | ▲ +0.0% |
| 2008 | 1.00x | $5.31 Billion | $5.31 Billion | $18.23 Billion | ▲ +0.0% |
| 2007 | 1.00x | $2.90 Billion | $2.90 Billion | $10.19 Billion | ▲ +0.0% |
| 2006 | 1.00x | $5.39 Billion | $5.39 Billion | $7.31 Billion | ▲ +0.0% |
| 2005 | 1.00x | $3.48 Billion | $3.48 Billion | $0.00 | ▲ +3.8% |
| 2004 | 0.96x | $5.03 Billion | $5.22 Billion | $192.00 Million | ▲ +4.4% |
| 2003 | 0.92x | $8.01 Billion | $8.68 Billion | $670.10 Million | ▲ +4.1% |
| 2002 | 0.89x | $3.36 Billion | $3.79 Billion | $429.80 Million | ▲ +2.7% |
| 2001 | 0.86x | $1.88 Billion | $2.18 Billion | $299.20 Million | ▼ -6.1% |
| 2000 | 0.92x | $4.34 Billion | $4.72 Billion | $382.80 Million | ▼ -3.3% |
| 1999 | 0.95x | $2.55 Billion | $2.69 Billion | $134.00 Million | ▲ +7.2% |
| 1998 | 0.89x | $1.22 Billion | $1.37 Billion | $155.80 Million | ▲ +113.5% |
| 1997 | 0.42x | $442.70 Million | $1.07 Billion | $623.30 Million | ▼ -53.9% |
| 1996 | 0.90x | $756.80 Million | $840.30 Million | $83.50 Million | ▲ +9.1% |
| 1995 | 0.83x | $94.50 Million | $114.50 Million | $20.00 Million | ▼ -3.1% |
| 1994 | 0.85x | $175.30 Million | $205.80 Million | $30.50 Million | ▲ +6.0% |
| 1993 | 0.80x | $455.70 Million | $567.30 Million | $111.60 Million | ▼ -5.7% |
| 1992 | 0.85x | $568.90 Million | $668.20 Million | $99.30 Million | ▼ -1.2% |
| 1991 | 0.86x | $104.40 Million | $121.10 Million | $16.70 Million | ▼ -5.8% |
| 1990 | 0.92x | $86.20 Million | $94.20 Million | $8.00 Million | ▲ +0.6% |
| 1989 | 0.91x | $92.20 Million | $101.40 Million | $9.20 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).