Union Pacific Corporation (UNP)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 16,621,000 | 17,166,000 | 17,304,000 | 17,211,000 |
| Revenue (ttm) | US$ in thousands | 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 | 21,708,000 | 22,253,000 | 22,665,000 | 22,741,000 |
| Gross profit margin | 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% | 76.57% | 77.14% | 76.35% | 75.68% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $12,998,000K ÷ $23,193,000K
= 56.04%
Based on the data provided for Union Pacific Corp.'s gross profit margin over the past eight quarters, it is consistently at 100.00%. This level of gross profit margin indicates that the company is able to effectively control its direct costs of goods sold, resulting in a high percentage of revenues remaining as gross profit. A consistent gross profit margin of 100.00% suggests strong pricing strategies, efficient production processes, or effective cost management techniques. Overall, this stability in gross profit margin reflects positively on Union Pacific Corp.'s ability to generate profits from its core operations.
Peer comparison
Dec 31, 2023
See also:
Union Pacific Corporation Gross Profit Margin (Quarterly Data)