Union Pacific Corporation (UNP)

Operating return on assets (Operating ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 9,713,000 9,082,000 9,917,000 9,338,000 7,834,000
Total assets US$ in thousands 67,715,000 67,132,000 65,449,000 63,525,000 62,398,000
Operating ROA 14.34% 13.53% 15.15% 14.70% 12.55%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $9,713,000K ÷ $67,715,000K
= 14.34%

Based on the provided data, Union Pacific Corporation's operating return on assets (operating ROA) has exhibited a positive trend over the years. The operating ROA increased steadily from 12.55% as of December 31, 2020, to 14.70% as of December 31, 2021, indicating improved efficiency in generating operating income from its assets.

Subsequently, there was a further increase to 15.15% as of December 31, 2022, showcasing the company's ability to generate greater operating profits relative to its asset base. However, there was a slight decline in operating ROA to 13.53% as of December 31, 2023, before rebounding to 14.34% as of December 31, 2024.

The overall trend suggests that Union Pacific Corporation has been effectively managing its assets to generate operating income, with fluctuations in performance possibly influenced by internal operational decisions or external market factors. Further analysis may be required to understand the drivers behind these variations and assess the company's ongoing operational efficiency.


Peer comparison

Dec 31, 2024

Company name
Symbol
Operating ROA
Union Pacific Corporation
UNP
14.34%
CSX Corporation
CSX
13.11%
Norfolk Southern Corporation
NSC
9.32%