USB Gross Profit vs Other Operating Expenses Analysis

USB Stock  USD 40.63  0.66  1.60%   
US Bancorp financial indicator trend analysis is much more than just breaking down US Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US Bancorp is a good investment. Please check the relationship between US Bancorp Gross Profit and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade USB Stock refer to our How to Trade USB Stock guide.

Gross Profit vs Other Operating Expenses

Gross Profit vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Bancorp Gross Profit account and Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between US Bancorp's Gross Profit and Other Operating Expenses is 0.89. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of US Bancorp, assuming nothing else is changed. The correlation between historical values of US Bancorp's Gross Profit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of US Bancorp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Gross Profit i.e., US Bancorp's Gross Profit and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of US Bancorp minus its cost of goods sold. It is profit before US Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of US Bancorp. It is also known as US Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from US Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade USB Stock refer to our How to Trade USB Stock guide.The current year's Selling General Administrative is expected to grow to about 10.9 B, whereas Tax Provision is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Operating Income10.1B10.5B6.8B6.4B
Other Operating Expenses12.6B13.7B21.2B22.2B

US Bancorp fundamental ratios Correlations

0.450.81-0.640.70.650.620.620.390.020.41-0.330.370.20.50.030.430.20.710.79-0.920.10.930.520.260.47
0.450.64-0.110.150.930.75-0.260.980.820.98-0.80.620.820.86-0.81.00.550.160.59-0.750.840.560.860.960.85
0.810.64-0.650.70.710.860.430.580.30.59-0.480.480.430.61-0.290.630.360.720.68-0.850.340.850.760.460.75
-0.64-0.11-0.65-0.98-0.15-0.44-0.670.010.19-0.080.310.150.10.02-0.3-0.10.38-0.96-0.270.48-0.03-0.57-0.210.06-0.03
0.70.150.7-0.980.220.440.720.04-0.180.11-0.230.02-0.10.060.280.14-0.241.00.35-0.550.030.620.21-0.030.09
0.650.930.71-0.150.220.78-0.020.940.620.92-0.70.630.770.87-0.710.910.620.230.82-0.890.630.760.830.830.86
0.620.750.86-0.440.440.780.090.730.490.75-0.70.350.710.6-0.590.740.430.440.66-0.780.540.780.910.60.8
0.62-0.260.43-0.670.72-0.020.09-0.29-0.7-0.260.250.0-0.46-0.150.55-0.28-0.20.740.32-0.35-0.440.5-0.12-0.45-0.12
0.390.980.580.010.040.940.73-0.290.80.98-0.750.640.860.87-0.880.980.650.050.63-0.710.80.530.840.950.87
0.020.820.30.19-0.180.620.49-0.70.80.77-0.660.430.810.73-0.790.840.47-0.180.22-0.350.790.120.640.90.67
0.410.980.59-0.080.110.920.75-0.260.980.77-0.840.550.850.81-0.850.980.560.110.6-0.720.850.560.860.930.82
-0.33-0.8-0.480.31-0.23-0.7-0.70.25-0.75-0.66-0.84-0.05-0.74-0.560.65-0.8-0.06-0.19-0.370.57-0.78-0.44-0.75-0.77-0.57
0.370.620.480.150.020.630.350.00.640.430.55-0.050.30.66-0.440.620.780.090.49-0.530.420.410.490.580.66
0.20.820.430.1-0.10.770.71-0.460.860.810.85-0.740.30.72-0.90.810.61-0.110.57-0.520.660.420.720.780.74
0.50.860.610.020.060.870.6-0.150.870.730.81-0.560.660.72-0.650.860.620.070.64-0.730.590.510.70.840.87
0.03-0.8-0.29-0.30.28-0.71-0.590.55-0.88-0.79-0.850.65-0.44-0.9-0.65-0.8-0.680.28-0.410.35-0.72-0.23-0.69-0.81-0.73
0.431.00.63-0.10.140.910.74-0.280.980.840.98-0.80.620.810.86-0.80.540.150.57-0.730.860.540.850.970.84
0.20.550.360.38-0.240.620.43-0.20.650.470.56-0.060.780.610.62-0.680.54-0.180.6-0.430.30.390.470.490.68
0.710.160.72-0.961.00.230.440.740.05-0.180.11-0.190.09-0.110.070.280.15-0.180.38-0.560.020.640.21-0.030.11
0.790.590.68-0.270.350.820.660.320.630.220.6-0.370.490.570.64-0.410.570.60.38-0.870.170.890.550.40.62
-0.92-0.75-0.850.48-0.55-0.89-0.78-0.35-0.71-0.35-0.720.57-0.53-0.52-0.730.35-0.73-0.43-0.56-0.87-0.4-0.94-0.74-0.58-0.72
0.10.840.34-0.030.030.630.54-0.440.80.790.85-0.780.420.660.59-0.720.860.30.020.17-0.40.190.680.90.55
0.930.560.85-0.570.620.760.780.50.530.120.56-0.440.410.420.51-0.230.540.390.640.89-0.940.190.670.330.6
0.520.860.76-0.210.210.830.91-0.120.840.640.86-0.750.490.720.7-0.690.850.470.210.55-0.740.680.670.770.89
0.260.960.460.06-0.030.830.6-0.450.950.90.93-0.770.580.780.84-0.810.970.49-0.030.4-0.580.90.330.770.78
0.470.850.75-0.030.090.860.8-0.120.870.670.82-0.570.660.740.87-0.730.840.680.110.62-0.720.550.60.890.78
Click cells to compare fundamentals

US Bancorp Account Relationship Matchups

US Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.6B1.6B1.5B1.5B1.5B1.5B
Total Assets495.4B553.9B573.3B674.8B663.5B696.7B
Short Long Term Debt Total63.9B53.1B43.9B71.0B62.9B41.5B
Other Current Liab(23.7B)(11.8B)(11.8B)(31.2B)(11.5B)(12.0B)
Total Current Liabilities23.7B11.8B11.8B31.2B11.5B15.4B
Total Stockholder Equity51.9B53.1B54.9B50.8B55.3B58.1B
Property Plant And Equipment Net3.7B3.5B3.3B3.9B3.6B1.9B
Net Debt41.5B(9.5B)15.0B17.5B1.7B1.7B
Retained Earnings63.2B64.2B69.2B71.9B74.0B77.7B
Cash22.4B62.6B28.9B53.5B61.2B64.3B
Non Current Assets Total139.2B153.1B192.1B185.0B175.6B184.4B
Non Currrent Assets Other(139.2B)(153.1B)(192.1B)(185.0B)(175.6B)(166.8B)
Other Assets197.0B187.7B206.9B353.2B348.9B366.4B
Cash And Short Term Investments145.0B199.4B161.9B126.5B130.6B137.2B
Liabilities And Stockholders Equity495.4B553.9B573.3B674.8B663.5B696.7B
Non Current Liabilities Total40.2B41.3B32.1B31.2B51.5B54.1B
Other Stockholder Equity(16.0B)(17.4B)(18.7B)(16.6B)(15.5B)(14.7B)
Total Liab442.9B500.2B517.9B623.6B607.7B638.1B
Total Current Assets159.2B213.1B174.2B136.5B139.0B145.9B
Short Term Debt23.7B11.8B11.8B31.2B11.5B15.5B
Net Receivables14.2B13.7B12.4B10.1B8.3B11.7B
Accumulated Other Comprehensive Income(1.4B)322M(1.9B)(11.4B)(10.1B)(9.6B)
Property Plant And Equipment Gross3.7B3.5B8.3B8.9B8.3B8.7B
Other Liab14.9B17.3B17.9B19.9B22.9B12.2B
Accounts Payable361.9B429.8B456.1B525.0B603.7B633.9B
Long Term Debt40.2B41.3B32.1B39.8B51.5B33.0B
Good Will9.7B9.9B10.3B12.4B12.5B9.3B
Short Term Investments122.6B136.8B133.0B72.9B69.4B60.3B
Inventory(23.4B)(63.9B)(30.1B)(54.3B)(61.2B)(58.1B)
Other Current Assets23.4B63.9B30.1B54.3B61.2B100.6B
Treasury Stock(20.2B)(24.4B)(25.9B)(27.3B)(24.5B)(23.3B)
Intangible Assets3.2B2.9B3.7B7.2B6.1B3.8B
Property Plant Equipment3.7B3.5B3.3B3.9B4.4B2.6B
Noncontrolling Interest In Consolidated Entity626M628M630M469M539.4M656.5M
Retained Earnings Total Equity59.1B63.2B64.2B69.2B79.6B46.5B

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When determining whether US Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of US Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Us Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Us Bancorp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade USB Stock refer to our How to Trade USB Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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Is US Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of US Bancorp. If investors know USB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about US Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
1.94
Earnings Share
3.01
Revenue Per Share
16.232
Quarterly Revenue Growth
(0.09)
The market value of US Bancorp is measured differently than its book value, which is the value of USB that is recorded on the company's balance sheet. Investors also form their own opinion of US Bancorp's value that differs from its market value or its book value, called intrinsic value, which is US Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US Bancorp's market value can be influenced by many factors that don't directly affect US Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.