Union Pacific Corporation (UNP)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 9,839,000 9,713,000 9,082,000 9,917,000 9,338,000
Total assets US$ in thousands 69,698,000 67,715,000 67,132,000 65,449,000 63,525,000
Operating ROA 14.12% 14.34% 13.53% 15.15% 14.70%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $9,839,000K ÷ $69,698,000K
= 14.12%


Peer comparison

Dec 31, 2025

Company name
Symbol
Operating ROA
Union Pacific Corporation
UNP
14.12%
CSX Corporation
CSX
10.35%
Greenbrier Companies Inc
GBX
Norfolk Southern Corporation
NSC
8.86%