Union Pacific Corporation (UNP)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 67,132,000 | 66,540,000 | 66,033,000 | 65,968,000 | 65,449,000 | 65,343,000 | 64,440,000 | 64,051,000 | 63,525,000 | 62,360,000 | 62,073,000 | 61,793,000 | 62,398,000 | 63,714,000 | 63,555,000 | 62,216,000 | 61,673,000 | 61,978,000 | 61,708,000 | 61,319,000 |
| ROA | 9.50% | 9.57% | 10.19% | 10.61% | 10.69% | 10.82% | 10.63% | 10.64% | 10.27% | 9.93% | 9.48% | 8.44% | 8.57% | 8.43% | 8.75% | 9.65% | 9.60% | 9.79% | 9.90% | 9.86% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $6,379,000K ÷ $67,132,000K
= 9.50%
The return on assets (ROA) of Union Pacific Corp. has exhibited a gradual decline from 10.69% in Q4 2022 to 9.50% in Q4 2023. However, the ROA remained relatively stable between Q1 2023 and Q3 2023, ranging from 10.19% to 9.57%. This trend suggests that the company's ability to generate profit from its assets has been fluctuating over the periods analyzed. It is important for stakeholders to closely monitor this metric to assess the company's efficiency in using its assets to generate earnings.
Peer comparison
Dec 31, 2023
Company name
Symbol
ROA
Union Pacific Corporation
UNP
9.50%
CSX Corporation
CSX
8.76%
Norfolk Southern Corporation
NSC
4.39%
See also:
Union Pacific Corporation Return on Assets (ROA) (Quarterly Data)