Based on the most recent data from Aug 21, 2026, USB's PEG ratio comes in at 0.63. This metric factors in a PE of 12.39 with an earnings growth rate of 19.6%. Relative to the 0.52 average from the previous four quarters, the PEG ratio has grown by 21%.
Looking at the last ten years, USB's PEG ratio has has been around 4.45 on average. At 0.63, today's PE to growth ratio sits 86% below its historical average. Within the last ten years, the Dec 2019 quarter recorded the highest PEG value at 71.25. At 0.16, the Dec 2021 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.53 | 11.55 | 21.9% |
| 2024 | 0.79 | 12.62 | 15.9% |
| 2023 | N/A | 13.24 | -11.4% |
| 2022 | N/A | 11.82 | -27.8% |
| 2021 | 0.16 | 10.99 | 67% |
| 2020 | N/A | 15.23 | -26.4% |
| 2019 | 71.25 | 14.25 | 0.2% |
| 2018 | 0.63 | 11.01 | 17.6% |
| 2017 | 1.77 | 15.18 | 8.6% |
| 2016 | 7.19 | 15.81 | 2.2% |
| 2015 | 5.16 | 13.42 | 2.6% |
| 2014 | 5.58 | 14.5 | 2.6% |
| 2013 | 2.23 | 13.38 | 6% |
| 2012 | 0.73 | 11.21 | 15.4% |
| 2011 | 0.26 | 10.95 | 42% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.62 | 12.06 | 19.6% |
| Mar 2026 | 0.61 | 10.9 | 17.8% |
| Dec 2025 | 0.53 | 11.55 | 21.9% |
| Sep 2025 | 0.32 | 11.03 | 34.4% |
| Jun 2025 | 0.32 | 10.8 | 33.4% |
| Mar 2025 | 0.3 | 10.42 | 34.6% |
| Dec 2024 | 0.79 | 12.62 | 15.9% |
| Sep 2024 | N/A | 14.03 | -2.7% |
| Jun 2024 | N/A | 12.64 | -12.8% |
| Mar 2024 | N/A | 14.85 | -19.7% |
| Dec 2023 | N/A | 13.24 | -11.4% |
| Sep 2023 | N/A | 9.87 | -20.4% |
| Jun 2023 | N/A | 9.18 | -17.2% |
| Mar 2023 | N/A | 9.61 | -19.4% |
| Dec 2022 | N/A | 11.82 | -27.8% |
USB's PEG ratio today is higher than its 3 and 5-year averages, though it is below the 10-year average.
U S Bancorp's PEG of 0.63 is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 0.44, U S Bancorp's PEG is 43% higher.
Compared to its peers, USB's PEG ratio is under WFC's and GSBC's but above BAC's and C's.
Based on Aug 21, 2026 data, USB carries a PEG ratio of 0.63.
Historical data over a 3-year period places USB's average PEG ratio at 0.5.
Historical data over a 5-year period places USB's average PEG ratio at 0.43.
In the last ten years, USB's peak PEG ratio of 71.25 was recorded in the Dec 2019 quarter.
USB currently has a PEG ratio 86% below its 10-year average.
PEG equals PE divided by EPS growth (YoY TTM). As of Aug 21, 2026, U S Bancorp has a P/E ratio of 12.39. Earnings grew at 19.6% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 0.63. PEG RATIO(0.63) = PE RATIO(12.39) / EPS GROWTH(19.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.