Union Pacific Corporation (UNP)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 14,746,000 | 14,285,000 | 13,756,000 | 13,263,000 | 12,998,000 | 13,182,000 | 13,542,000 | 13,710,000 | 13,503,000 | 12,708,000 | 12,532,000 | 12,582,000 | 12,394,000 | 16,693,000 | 16,309,000 | 15,403,000 | 15,560,000 | 15,631,000 | 15,897,000 | 16,692,000 |
| 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 |
| Gross profit margin | 60.16% | 58.96% | 57.89% | 56.70% | 56.04% | 56.38% | 56.34% | 56.42% | 56.37% | 56.39% | 57.63% | 59.08% | 59.74% | 78.70% | 79.30% | 79.79% | 79.66% | 79.73% | 78.69% | 77.45% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $14,746,000K ÷ $24,513,000K
= 60.16%
The gross profit margin of Union Pacific Corporation has shown a generally increasing trend from March 2020 to June 2021, indicating the company was effectively managing its production costs relative to its sales during this period. However, from December 2021 onwards, there was a noticeable decline in the gross profit margin, reaching a low of 56.04% by December 2023.
This decrease may suggest challenges in maintaining profitability, possibly due to increased costs of sales or pricing pressures that impacted the company's ability to generate higher profits from its core operations. The subsequent slight increase in the gross profit margin to 60.16% by December 2024 indicates some recovery but still remains below the levels seen in the earlier periods.
It is essential for Union Pacific Corporation to closely monitor its cost structure, pricing strategies, and overall operational efficiency to sustain and improve its gross profit margin in the future, ensuring the company's long-term financial health and competitiveness in the industry.
Peer comparison
Dec 31, 2024
See also:
Union Pacific Corporation Gross Profit Margin (Quarterly Data)