Union Pacific Corporation (UNP)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 12,998,000 | 13,709,000 | 12,394,000 | 11,926,000 | 12,709,000 |
| Revenue | US$ in thousands | 23,193,000 | 24,161,000 | 20,745,000 | 19,533,000 | 21,708,000 |
| Gross profit margin | 56.04% | 56.74% | 59.74% | 61.06% | 58.55% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $12,998,000K ÷ $23,193,000K
= 56.04%
Based on the provided data, Union Pacific Corp. has consistently maintained a gross profit margin of 100.00% from 2019 to 2023. A gross profit margin of 100.00% indicates that the company is effectively managing its production costs and generating a significant portion of revenue as gross profit. This high level of gross profit margin could be attributed to efficient cost control, pricing strategies, or a competitive advantage in the industry. Overall, Union Pacific Corp.'s stable and high gross profit margin over the past five years is a positive sign of its financial health and operational efficiency.
Peer comparison
Dec 31, 2023