Union Pacific Corporation (UNP)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 14,746,000 | 12,998,000 | 13,709,000 | 12,394,000 | 11,926,000 |
| Revenue | US$ in thousands | 24,513,000 | 23,193,000 | 24,161,000 | 20,745,000 | 19,533,000 |
| Gross profit margin | 60.16% | 56.04% | 56.74% | 59.74% | 61.06% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $14,746,000K ÷ $24,513,000K
= 60.16%
Over the past five years, Union Pacific Corporation's gross profit margin has displayed some variability. Starting at 61.06% in December 2020, the margin declined to 59.74% in December 2021, followed by further decreases to 56.74% in December 2022 and 56.04% in December 2023. However, there was a noticeable improvement in December 2024, with the gross profit margin increasing to 60.16%.
The declining trend from 2020 to 2023 could indicate potential challenges or inefficiencies in the company's cost structure or pricing strategies. However, the rebound in 2024 suggests that Union Pacific may have taken corrective actions to enhance its profitability.
Overall, fluctuations in gross profit margin should be further analyzed in conjunction with other financial metrics to gain a comprehensive understanding of Union Pacific Corporation's financial performance and operational efficiency during the period under review.
Peer comparison
Dec 31, 2024