Union Pacific Corporation (UNP)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 24,513,000 | 24,228,000 | 23,764,000 | 23,393,000 | 23,193,000 | 23,381,000 | 24,038,000 | 24,298,000 | 23,955,000 | 22,534,000 | 21,746,000 | 21,297,000 | 20,745,000 | 21,212,000 | 20,565,000 | 19,305,000 | 19,533,000 | 19,604,000 | 20,201,000 | 21,553,000 |
| Total assets | US$ in thousands | 67,715,000 | 67,570,000 | 67,817,000 | 67,266,000 | 67,132,000 | 66,540,000 | 66,033,000 | 65,968,000 | 65,449,000 | 65,343,000 | 64,440,000 | 64,051,000 | 63,525,000 | 62,360,000 | 62,073,000 | 61,793,000 | 62,398,000 | 63,714,000 | 63,555,000 | 62,216,000 |
| Total asset turnover | 0.36 | 0.36 | 0.35 | 0.35 | 0.35 | 0.35 | 0.36 | 0.37 | 0.37 | 0.34 | 0.34 | 0.33 | 0.33 | 0.34 | 0.33 | 0.31 | 0.31 | 0.31 | 0.32 | 0.35 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $24,513,000K ÷ $67,715,000K
= 0.36
The total asset turnover ratio of Union Pacific Corporation has shown a consistent trend over the past few years, hovering around the range of 0.31 to 0.37. This ratio indicates the company's efficiency in generating revenue from its total assets. A higher total asset turnover ratio generally suggests that the company is utilizing its assets more effectively to generate sales.
In this case, the total asset turnover ratio has remained relatively stable, indicating that Union Pacific Corporation has been able to maintain a consistent level of revenue generation relative to its asset base. However, it is important to note that the optimal level of total asset turnover may vary by industry, and therefore, it is essential to compare this ratio with industry benchmarks to gain a better understanding of the company's performance.
Overall, the consistent total asset turnover ratio of Union Pacific Corporation suggests that the company has been able to efficiently utilize its assets to generate revenue, which is a positive indication of its operational efficiency.
Peer comparison
Dec 31, 2024
See also:
Union Pacific Corporation Total Asset Turnover (Quarterly Data)