U.S. Bancorp (USB) — Working Capital to Net Assets Ratio
U.S. Bancorp (USB) has a Working Capital to Net Assets ratio of 42.9% as of June 2026. Working capital of $29.15 Billion (current assets of $66.49 Billion minus current liabilities of $37.34 Billion) is measured against net assets of $67.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See U.S. Bancorp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
U.S. Bancorp Working Capital to Net Assets (1989–2025)
This chart shows how U.S. Bancorp's Working Capital to Net Assets ratio has evolved across 37 annual periods from 1989 to 2025. As of June 2026, the ratio stands at 42.9%, reflecting working capital of $29.15 Billion against net assets of $67.89 Billion USD. For the complete balance sheet picture, see U.S. Bancorp assets under control.
Annual Working Capital to Net Assets for U.S. Bancorp (1989–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for U.S. Bancorp from 1989 to 2025, covering 37 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check U.S. Bancorp asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -611.8% | $-401.65 Billion | $65.65 Billion | $137.73 Billion | $539.38 Billion | ▲ +36.4 pp |
| 2024 | -648.2% | $-382.69 Billion | $59.04 Billion | $151.14 Billion | $533.83 Billion | ▲ +48.8 pp |
| 2023 | -696.9% | $-388.69 Billion | $55.77 Billion | $138.90 Billion | $527.59 Billion | ▲ +123.9 pp |
| 2022 | -820.8% | $-420.52 Billion | $51.23 Billion | $135.68 Billion | $556.19 Billion | ▼ -289.6 pp |
| 2021 | -531.2% | $-294.20 Billion | $55.39 Billion | $173.68 Billion | $467.88 Billion | ▼ -105.3 pp |
| 2020 | -425.9% | $-228.81 Billion | $53.73 Billion | $212.72 Billion | $441.54 Billion | ▲ +6.1 pp |
| 2019 | -432.0% | $-226.71 Billion | $52.48 Billion | $158.93 Billion | $385.64 Billion | ▲ +71.3 pp |
| 2018 | -503.2% | $-259.96 Billion | $51.66 Billion | $99.65 Billion | $359.61 Billion | ▲ +26.9 pp |
| 2017 | -530.2% | $-263.32 Billion | $49.67 Billion | $100.54 Billion | $363.87 Billion | ▲ +2.9 pp |
| 2016 | -533.1% | $-255.54 Billion | $47.93 Billion | $93.01 Billion | $348.55 Billion | ▼ -8.5 pp |
| 2015 | -524.7% | $-245.63 Billion | $46.82 Billion | $82.64 Billion | $328.28 Billion | ▲ +7.4 pp |
| 2014 | -532.0% | $-234.98 Billion | $44.17 Billion | $77.64 Billion | $312.63 Billion | ▲ +18.7 pp |
| 2013 | -550.7% | $-230.22 Billion | $41.81 Billion | $59.51 Billion | $289.73 Billion | ▼ -8.7 pp |
| 2012 | -542.0% | $-218.24 Billion | $40.27 Billion | $57.25 Billion | $275.49 Billion | ▲ +4.9 pp |
| 2011 | -546.9% | $-191.25 Billion | $34.97 Billion | $70.10 Billion | $261.35 Billion | ▼ -18.8 pp |
| 2010 | -528.1% | $-160.12 Billion | $30.32 Billion | $76.69 Billion | $236.81 Billion | ▲ +44.0 pp |
| 2009 | -572.1% | $-152.52 Billion | $26.66 Billion | $62.03 Billion | $214.55 Billion | ▼ -72.6 pp |
| 2008 | -499.5% | $-135.02 Billion | $27.03 Billion | $58.31 Billion | $193.33 Billion | ▼ -25.8 pp |
| 2007 | -473.6% | $-99.68 Billion | $21.05 Billion | $64.14 Billion | $163.81 Billion | ▼ -46.0 pp |
| 2006 | -427.6% | $-90.64 Billion | $21.20 Billion | $61.18 Billion | $151.81 Billion | ▼ -5.4 pp |
| 2005 | -422.2% | $-84.81 Billion | $20.09 Billion | $60.10 Billion | $144.91 Billion | ▲ +230.3 pp |
| 2004 | -652.5% | $-127.49 Billion | $19.54 Billion | $6.34 Billion | $133.82 Billion | ▼ -22.2 pp |
| 2003 | -630.2% | $-121.27 Billion | $19.24 Billion | $8.63 Billion | $129.90 Billion | ▲ +5.9 pp |
| 2002 | -636.1% | $-115.14 Billion | $18.10 Billion | $11.19 Billion | $126.33 Billion | ▲ +50.2 pp |
| 2001 | -686.3% | $-112.97 Billion | $16.46 Billion | $9.74 Billion | $122.72 Billion | ▲ +63.0 pp |
| 2000 | -749.3% | $-113.65 Billion | $15.17 Billion | $9.66 Billion | $123.31 Billion | ▼ -103.6 pp |
| 1999 | -645.7% | $-49.32 Billion | $7.64 Billion | $4.47 Billion | $53.79 Billion | ▲ +207.7 pp |
| 1998 | -853.3% | $-56.35 Billion | $6.60 Billion | $4.61 Billion | $60.96 Billion | ▲ +80.1 pp |
| 1997 | -933.5% | $-25.67 Billion | $2.75 Billion | $2.23 Billion | $27.90 Billion | ▲ +30.0 pp |
| 1996 | -963.5% | $-8.24 Billion | $855.10 Million | $559.00 Million | $8.80 Billion | ▲ +4.9 pp |
| 1995 | -968.4% | $-7.94 Billion | $820.20 Million | $486.20 Million | $8.43 Billion | ▲ +133.3 pp |
| 1994 | -1101.7% | $-7.91 Billion | $718.20 Million | $486.10 Million | $8.40 Billion | ▼ -205.0 pp |
| 1993 | -896.7% | $-20.13 Billion | $2.25 Billion | $1.87 Billion | $22.00 Billion | ▼ -46.6 pp |
| 1992 | -850.1% | $-19.70 Billion | $2.32 Billion | $2.48 Billion | $22.19 Billion | ▲ +105.2 pp |
| 1991 | -955.3% | $-5.30 Billion | $555.00 Million | $624.50 Million | $5.93 Billion | ▲ +28.3 pp |
| 1990 | -983.7% | $-4.92 Billion | $500.00 Million | $733.10 Million | $5.65 Billion | ▲ +19.7 pp |
| 1989 | -1003.4% | $-4.64 Billion | $462.50 Million | $670.70 Million | $5.31 Billion | — |