USB vs WFC
US Bancorp \de\ and Wells Fargo & Company, side by side — 7 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | USB | WFC |
|---|---|---|
| Revenue | $28.7B | $83.7B |
| Net income | $7.6B | $21.3B |
| Gross margin | · | · |
| Net margin | 26.5% | 25.5% |
| Return on equity | 12.2% | 11.8% |
| Diluted EPS | $4.62 | $6.26 |
| Dividend / share | $2.04 | $1.70 |
| Payout ratio | 41.8% | 25.5% |
| Free cash flow | · | · |
| Equity | $65.2B | $181.1B |
| Net debt / equity | 0.48× | 0.11× |
| Current ratio | · | · |
| Revenue CAGR 5y | · | 2.4% |
| Profit CAGR 5y | 8.8% | 44.6% |
WFC bills 2.9× the revenue of USB, and USB keeps more of each dollar of revenue as profit (26.5% against 25.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | USB | WFC |
|---|---|---|
| FY2025 | $28.7B | $83.7B |
| FY2024 | $27.5B | $82.3B |
| FY2023 | $28.1B | $82.6B |
| FY2022 | $24.3B | $74.4B |
| FY2018 | $22.6B | $86.4B |
| FY2017 | $21.9B | $88.4B |
| FY2016 | $21.3B | $88.3B |
Bottom line
| Fiscal year | USB | WFC |
|---|---|---|
| FY2025 | $7.6B | $21.3B |
| FY2024 | $6.3B | $19.7B |
| FY2023 | $5.4B | $19.1B |
| FY2022 | $5.8B | $13.7B |
| FY2018 | $7.1B | $22.4B |
| FY2017 | $6.2B | $22.2B |
| FY2016 | $5.9B | $21.9B |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$55,043,000,000 | WFC |
| FY2024 | −$54,841,000,000 | WFC |
| FY2023 | −$54,453,000,000 | WFC |
| FY2022 | −$50,066,000,000 | WFC |
| FY2018 | −$63,771,000,000 | WFC |
| FY2017 | −$66,487,000,000 | WFC |
| FY2016 | −$66,959,000,000 | WFC |
WFC has reported the higher revenue in every one of these 7 fiscal years. The gap has narrowed since the earliest year compared.
7 of 14 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +1.0 pp | USB |
| FY2024 | −0.9 pp | WFC |
| FY2023 | −3.6 pp | WFC |
| FY2022 | +6.0 pp | USB |
| FY2018 | +5.0 pp | USB |
| FY2017 | +3.5 pp | USB |
| FY2016 | +3.0 pp | USB |
The higher net margin has changed hands between USB and WFC over this period.
7 of 14 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
USB's net margin has been more volatile than WFC's over the 7 comparable fiscal years — 3.7 percentage points of standard deviation against 2.6.
7 of 14 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between USB and WFC over these 7 fiscal years — USB led in 5 and WFC in 2.
7 of 14 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WFC's return on equity has been more volatile than USB's over the 19 comparable fiscal years — 3.3 percentage points of standard deviation against 2.5.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between USB and WFC over these 19 fiscal years — USB led in 17 and WFC in 2.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.