UNP
Union Pacific Corporation
NYSE: UNP · INDUSTRIALS · RAILROADS
$269.48
+1.78% today
Updated 2026-04-30
Market cap
$159.53B
P/E ratio
22.12
P/S ratio
6.46x
EPS (TTM)
$12.15
Dividend yield
2.02%
52W range
$206 – $275
Volume
3.1M
Union Pacific Corporation (UNP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.58B | $16.28B | $17.97B | $14.14B | $16.96B | $19.56B | $20.93B | $21.96B | $23.99B | $21.81B | $19.94B | $21.24B | $22.83B | $21.71B | $19.53B | $21.80B | $24.88B | $24.12B | $24.25B | $24.51B |
| Revenue growth (YoY) | — | +4.5% | +10.4% | -21.3% | +20.0% | +15.3% | +7.0% | +5.0% | +9.2% | -9.1% | -8.6% | +6.5% | +7.5% | -4.9% | -10.0% | +11.6% | +14.1% | -3.0% | +0.5% | +1.1% |
| Cost of revenue | $6.45B | $6.67B | $7.21B | $2.23B | $3.18B | $6.75B | $13.39B | $13.67B | $14.31B | $12.84B | $11.67B | $12.23B | $13.29B | $12.09B | $10.35B | $11.29B | $13.67B | $13.59B | $13.21B | $9.96B |
| Gross profit | $9.13B | $9.61B | $10.76B | $11.92B | $13.79B | $12.80B | $7.53B | $8.29B | $9.68B | $8.98B | $8.27B | $9.01B | $9.54B | $9.61B | $9.18B | $10.51B | $11.21B | $10.53B | $11.04B | $14.55B |
| Gross margin | 58.6% | 59.0% | 59.9% | 84.3% | 81.3% | 65.5% | 36.0% | 37.8% | 40.3% | 41.1% | 41.5% | 42.4% | 41.8% | 44.3% | 47.0% | 48.2% | 45.0% | 43.7% | 45.5% | 59.4% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $4.60B | $4.59B | $5.78B | $4.06B | $4.31B | $4.68B | $5.47B | $5.66B | $6.00B | $6.08B | $5.75B | $5.93B | $6.08B | $5.59B | $5.34B | $5.02B | $5.54B | $5.76B | $5.82B | $13.00M |
| Operating income | $2.88B | $3.38B | $4.08B | $3.38B | $4.98B | $5.72B | $6.75B | $7.45B | $8.75B | $8.05B | $7.27B | $8.06B | $8.52B | $8.55B | $7.83B | $9.34B | $9.92B | $9.08B | $9.71B | $9.84B |
| Operating margin | 18.5% | 20.7% | 22.7% | 23.9% | 29.4% | 29.3% | 32.2% | 33.9% | 36.5% | 36.9% | 36.5% | 38.0% | 37.3% | 39.4% | 40.1% | 42.8% | 39.9% | 37.7% | 40.1% | 40.1% |
| EBITDA | $4.24B | $4.81B | $5.55B | $4.81B | $6.52B | $7.45B | $8.61B | $9.22B | $10.81B | $10.29B | $9.50B | $10.46B | $10.80B | $11.01B | $10.33B | $11.84B | $12.64B | $11.93B | $12.50B | $12.95B |
| EBITDA margin | 27.2% | 29.6% | 30.9% | 34.0% | 38.4% | 38.1% | 41.2% | 42.0% | 45.1% | 47.2% | 47.7% | 49.2% | 47.3% | 50.7% | 52.9% | 54.3% | 50.8% | 49.5% | 51.5% | 52.8% |
| EBIT | $3.00B | $3.49B | $4.17B | $3.38B | $5.04B | $5.84B | $6.85B | $7.45B | $8.90B | $8.28B | $7.46B | $8.35B | $8.61B | $8.80B | $8.12B | $9.63B | $10.34B | $9.57B | $10.06B | $10.47B |
| Interest expense | $477.00M | $482.00M | $511.00M | $600.00M | $602.00M | $572.00M | $535.00M | $526.00M | $561.00M | $622.00M | $698.00M | $719.00M | $870.00M | $1.05B | $1.14B | $1.16B | $1.27B | $1.34B | $1.27B | $1.31B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.61B | $1.85B | $2.33B | $1.89B | $2.78B | $3.29B | $3.94B | $4.39B | $5.18B | $4.77B | $4.23B | $10.71B | $5.97B | $5.92B | $5.35B | $6.52B | $7.00B | $6.38B | $6.75B | $7.14B |
| Net income growth (YoY) | — | +15.5% | +25.9% | -19.1% | +47.1% | +18.4% | +19.8% | +11.3% | +18.0% | -7.9% | -11.3% | +153.1% | -44.3% | -0.8% | -9.6% | +21.9% | +7.3% | -8.8% | +5.8% | +5.8% |
| Profit margin | 10.3% | 11.4% | 13.0% | 13.4% | 16.4% | 16.8% | 18.8% | 20.0% | 21.6% | 21.9% | 21.2% | 50.4% | 26.1% | 27.3% | 27.4% | 29.9% | 28.1% | 26.4% | 27.8% | 29.1% |