Union Pacific Corporation (UNP)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 9,082,000 | 9,087,000 | 9,543,000 | 9,834,000 | 9,917,000 | 9,945,000 | 9,744,000 | 9,722,000 | 9,338,000 | 8,904,000 | 8,503,000 | 7,684,000 | 7,834,000 | 7,928,000 | 8,131,000 | 8,737,000 | 8,554,000 | 8,664,000 | 8,699,000 | 8,538,000 |
| 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 |
| Operating profit margin | 39.16% | 38.86% | 39.70% | 40.47% | 41.40% | 44.13% | 44.81% | 45.65% | 45.01% | 41.98% | 41.35% | 39.80% | 40.11% | 40.44% | 40.25% | 40.54% | 39.40% | 38.93% | 38.38% | 37.54% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $9,082,000K ÷ $23,193,000K
= 39.16%
The operating profit margin for Union Pacific Corp. has shown a consistent downward trend over the past few quarters, declining from 42.90% in Q1 2022 to 37.65% in Q4 2023. This suggests that the company's ability to generate profits from its core operations has been weakening. Factors such as increasing operating expenses, declining sales prices, or inefficiencies in production and distribution processes could be contributing to this trend. It is important for the company to closely analyze the factors impacting its operating profit margin and implement strategies to improve operational efficiency and profitability in order to reverse this declining trend.
Peer comparison
Dec 31, 2023
See also:
Union Pacific Corporation Operating Profit Margin (Quarterly Data)