Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 12.17 as of Tuesday, July 28, 2026.
Forward PE Ratio (12.17) = Close Price ($64.43) / Consensus Forward EPS ($5.22)
FORWARD PE RATIO
12.17
SECTOR MEDIAN · FINANCIAL SERVICES
14.43
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
-15.69%
vs the sector median at left
U.S. Bancorp
Market Cap
$100.36B
Forward PE Ratio
12.17
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| U.S. Bancorp (USB) | $100.36B | 12.17 |
| The PNC Financial Services Group, Inc. (PNC)vs › | $100.39B | 13.15 |
| The Bank of New York Mellon Corporation (BK)vs › | $97.40B | 16.38 |
| Brookfield Corporation (BN)vs › | $94.64B | N/A |
| CME Group Inc. (CME)vs › | $93.49B | 20.84 |
| Bank of New York Mellon Corp (BNY)vs › | $107.43B | 17.02 |
| KKR & Co. Inc. (KKR)vs › | $92.18B | 16.72 |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $91.72B | 18.40 |
| Intercontinental Exchange, Inc. (ICE)vs › | $86.37B | 18.54 |
| Moody's Corporation (MCO)vs › | $83.86B | 28.75 |
Trailing P/E
12.7
reported TTM EPS
Forward P/E
12.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.22 implies +4.4% EPS growth vs the reported trailing $5.00.
At today's $64.43 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $5.22 | $4.95 – $5.32 | 16 | 12.4x |
| 2027-12-31 | $5.82 | $5.44 – $5.97 | 16 | 11.1x |
| 2028-12-31 | $6.40 | $5.81 – $6.77 | 8 | 10.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
