Union Pacific Corporation (UNP)

Pretax margin

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 9,166,000 8,794,000 8,233,000 9,072,000 8,478,000
Revenue US$ in thousands 24,510,000 24,250,000 24,119,000 24,875,000 21,804,000
Pretax margin 37.40% 36.26% 34.13% 36.47% 38.88%

December 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $9,166,000K ÷ $24,510,000K
= 37.40%


Peer comparison

Dec 31, 2025