Union Pacific Corporation (UNP)

Total asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 24,513,000 23,193,000 24,161,000 20,745,000 19,533,000
Total assets US$ in thousands 67,715,000 67,132,000 65,449,000 63,525,000 62,398,000
Total asset turnover 0.36 0.35 0.37 0.33 0.31

December 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $24,513,000K ÷ $67,715,000K
= 0.36

The total asset turnover ratio of Union Pacific Corporation has shown a gradual improvement over the past five years. In December 31, 2020, the ratio was 0.31, indicating that the company generated 0.31 in revenue for every $1 of assets. By December 31, 2024, this ratio had increased to 0.36, signifying that the company was able to generate more revenue for each dollar of assets held. This trend suggests that Union Pacific Corporation has been utilizing its assets more efficiently to drive sales growth. However, it is worth noting that there was a slight decrease in the total asset turnover ratio from 2023 to 2024. Further analysis of the company's operations and market conditions may be necessary to understand the factors contributing to this fluctuation.


Peer comparison

Dec 31, 2024

Company name
Symbol
Total asset turnover
Union Pacific Corporation
UNP
0.36
CSX Corporation
CSX
0.33
Norfolk Southern Corporation
NSC
0.28

See also:

Union Pacific Corporation Total Asset Turnover