U.S Bancorp Gross Margin 2010-2025 | USB
- U.S Bancorp average gross margin for 2024 was 64.68%, a 14.08% increase from 2023.
- U.S Bancorp average gross margin for 2023 was 75.28%, a 19.2% decline from 2022.
- U.S Bancorp average gross margin for 2022 was 93.17%, a 2.11% decline from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.