Union Pacific Corporation (UNP)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 6,379,000 | 6,998,000 | 6,523,000 | 5,349,000 | 5,919,000 |
| Revenue | US$ in thousands | 23,193,000 | 24,161,000 | 20,745,000 | 19,533,000 | 21,708,000 |
| Net profit margin | 27.50% | 28.96% | 31.44% | 27.38% | 27.27% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $6,379,000K ÷ $23,193,000K
= 27.50%
The net profit margin of Union Pacific Corp. has exhibited a decreasing trend over the past five years. The margin was 26.45% in 2023, which represents a decline compared to the previous year's figure of 28.13% and a more significant decrease from 2021 when it stood at 29.92%. Similarly, compared to 2020 and 2019, the net profit margin in 2023 was lower at 27.38% and 27.27% respectively.
This downward trend suggests that Union Pacific Corp. may be experiencing challenges in controlling costs and expenses relative to its revenue generation. Investors and stakeholders may want to further investigate the factors contributing to this decline in profitability and assess the company's strategies for improving its financial performance.
Peer comparison
Dec 31, 2023