Union Pacific Corporation (UNP)

Net 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
Net income (ttm) US$ in thousands 6,379,000 6,365,000 6,732,000 6,998,000 6,998,000 7,071,000 6,849,000 6,812,000 6,523,000 6,192,000 5,882,000 5,216,000 5,349,000 5,372,000 5,564,000 6,002,000 5,919,000 6,070,000 6,108,000 6,047,000
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
Net profit margin 27.50% 27.22% 28.01% 28.80% 29.21% 31.38% 31.50% 31.99% 31.44% 29.19% 28.60% 27.02% 27.38% 27.40% 27.54% 27.85% 27.27% 27.28% 26.95% 26.59%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $6,379,000K ÷ $23,193,000K
= 27.50%

Over the past eight quarters, Union Pacific Corp.'s net profit margin has shown a general decreasing trend, starting at 30.06% in Q1 2022 and declining to 26.45% in Q4 2023. This indicates that the company's profitability in relation to its revenue has been gradually shrinking over time. Despite some fluctuations, the overall downward trajectory suggests potential challenges in controlling costs or maximizing revenue generation. Further analysis into the specific factors driving this trend would be necessary to understand the underlying reasons behind the diminishing net profit margin for Union Pacific Corp.

Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
Union Pacific Corporation
UNP
27.50%
CSX Corporation
CSX
26.76%
Norfolk Southern Corporation
NSC
15.98%

See also:

Union Pacific Corporation Net Profit Margin (Quarterly Data)