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Saturday 17 October 2026 Export UNP’s income statement to Excel — free account

Union Pacific Corporation

UNP Industrials Railroads

Union Pacific Corporation’s revenue for fiscal 2025 (year ended December 2025) was $24.5 billion, up 1.07% from fiscal 2024. In the quarter to June 2026, revenue grew 11.5%, EPS grew 6.33%, free cash flow grew 57.7% and total debt fell 7.58%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

289.04 0.33 +0.11%
Market cap
$171.5B
P/E
23.4×
Fwd P/E
21.9×
Dividend yield
1.92%
F-score
8/9
Altman Z
3.82
Beneish M
−2.64
Dividend safety
73/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Union Pacific Corporation (UNP) Operating margin

Alert me on Operating margin

Union Pacific Corporation's operating margin over the twelve months to 30 June 2026 was 40.0%, down 0.1 percentage points from fiscal 2025 (40.2%). Over the past ten years it has ranged from 36.3% (fiscal 2016) to 42.8% (fiscal 2021); the current reading is higher than 91% of that period. That is above the Railroads industry median of 24.3% and above the Industrials sector median of 5.13%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 40.2% 0.12
FY2024 40.1% 2.40
FY2023 37.7% (2.22)
FY2022 39.9% (2.96)
FY2021 42.8% 2.72
FY2020 40.1% 0.71
FY2019 39.4% 2.10
FY2018 37.3% (0.86)
FY2017 38.2% 1.84
FY2016 36.3% (0.59)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 40.3% 0.71
Mar 2026 39.5% 0.08
Dec 2025 39.5% (1.36)
Sep 2025 40.8% (0.21)
42 more quarters

Against its own ten years

Low 36.3% High 42.8%
Ten-year median 39.4%
Current reading's percentile 62

Operating margin against peers

Company Operating margin
UNP Union Pacific Corporation 40.0%
TRN Trinity Industries, Inc. compare 37.0%
CP Canadian Pacific Kansas City Limited compare 36.7%
CSX CSX Corporation compare 34.2%
NSC Norfolk Southern Corporation compare 32.2%
WAB Wabtec compare 16.4%
GBX Greenbrier Companies, Inc. (The) compare 7.23%
FSTR L.B. Foster Company compare 4.36%
RAIL Freightcar America, Inc. compare 3.77%
Railroads industry median 24.3%
Industrials sector median 5.13%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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