Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 12.04 as of 2026-09-12T00:16:11.399Z.
Consensus retrieved: 2026-09-10T03:53:31.148Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-12T00:16:11.399Z.
Quote observation: 2026-09-11T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f766477152f651d840ece99e4079cbfcf7e331487d29ee30f3d0bf93c3901deb
Forward PE Ratio (12.04) = Dated Quote Price ($62.84) / Consensus Forward EPS ($5.22)
FORWARD PE RATIO
12.04
SECTOR MEDIAN · FINANCIAL SERVICES
14.71
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
-18.15%
vs the sector median at left
U.S. Bancorp
Market Cap
$97.89B
Forward PE Ratio
12.04
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| U.S. Bancorp (USB) | $97.89B | 12.04 |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $97.65B | N/A |
| The PNC Financial Services Group, Inc. (PNC)vs › | $97.45B | 12.86 |
| CME Group Inc. (CME)vs › | $99.08B | 22.49 |
| Invesco S&P 500 Equal Weight ETF (RSP)vs › | $96.68B | N/A |
| Robinhood Markets, Inc. (HOOD)vs › | $101.21B | 52.67 |
| KKR & Co. Inc. (KKR)vs › | $90.76B | 15.26 |
| Intercontinental Exchange, Inc. (ICE)vs › | $88.36B | 19.41 |
| Brookfield Corporation (BN)vs › | $85.37B | N/A |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $84.42B | 16.93 |
Trailing P/E
12.6
reported TTM EPS
Forward P/E
12.0
consensus EPS · fiscal year ending 2026-12-31
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 the dated quote price of $62.84, 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 – $5.33 | 16 | 12.0x |
| 2027-12-31 | $5.82 | $5.45 – $5.97 | 16 | 10.8x |
| 2028-12-31 | $6.43 | $5.80 – $6.76 | 8 | 9.8x |
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