USB FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
USB's fcf yield is higher than 65% of the last 10 years.
FCF Yield History
USB FCF Yield by year
Yearly range of USB’s fcf yield from 2016 to 2026. Over the full period it ranged from 2.5% to 42.7%, averaging 12.5%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 8.4% | 10.9% | 13.2% | 12.8% |
| 2025 | 9.5% | 12.8% | 17.7% | 9.6% |
| 2024 | 8.3% | 13.1% | 17.1% | 15.1% |
| 2023 | 21.3% | 28.0% | 42.7% | 22.3% |
| 2022 | 10.5% | 19.8% | 25.9% | 23.0% |
| 2021 | 2.5% | 6.8% | 11.8% | 11.8% |
| 2020 | 5.3% | 8.4% | 13.3% | 5.3% |
| 2019 | 5.3% | 10.7% | 14.3% | 5.3% |
| 2018 | 5.5% | 7.3% | 14.3% | 14.3% |
| 2017 | 5.6% | 8.1% | 10.1% | 9.7% |
| 2016 | 6.4% | 7.8% | 11.0% | 6.5% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is USB FCF Yield High or Low Right Now?
U.S. Bancorp's FCF Yield is currently 12.8%, which is above average relative to its 10-year historical range. The 10-year median FCF Yield for USB is approximately 10.3%. See all USB valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.