Union Pacific Corporation (UNP)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 6,747,000 | 6,637,000 | 6,494,000 | 6,390,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 16,890,000 | 16,584,000 | 16,489,000 | 15,665,000 | 14,788,000 | 14,004,000 | 13,194,000 | 12,454,000 | 12,163,000 | 11,743,000 | 12,710,000 | 11,897,000 | 14,161,000 | 13,917,000 | 14,303,000 | 16,254,000 | 16,958,000 | 17,199,000 | 16,452,000 | 15,991,000 |
| ROE | 39.95% | 40.02% | 39.38% | 40.79% | 43.14% | 45.45% | 51.02% | 56.19% | 57.54% | 60.21% | 53.89% | 57.26% | 46.06% | 44.49% | 41.12% | 32.09% | 31.54% | 31.23% | 33.82% | 37.53% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $6,747,000K ÷ $16,890,000K
= 39.95%
Based on the provided data, Union Pacific Corporation's return on equity (ROE) has fluctuated over the analyzed period, showing both increases and decreases.
Initially, the ROE was strong at 37.53% as of March 31, 2020, indicating that the company was generating a healthy return for its shareholders. The ROE decreased slightly by June 30, 2020, to 33.82%, and continued to decline in the following quarters, reaching a low of 31.23% by September 30, 2020.
However, the trend reversed starting from December 31, 2020, with the ROE showing an upward trajectory. The ROE increased to 46.06% by the end of December 31, 2021, marking a significant improvement in the company's profitability. This positive trend continued into the following year, with ROE reaching a peak of 60.21% by September 30, 2022.
Subsequently, the ROE experienced a slight decline but remained relatively high, staying above 40% through December 31, 2024. Overall, Union Pacific Corporation's ROE performance indicates that the company has been effectively utilizing its equity to generate profits for its shareholders, with some fluctuations in profitability over the period under review.
Peer comparison
Dec 31, 2024
See also:
Union Pacific Corporation Return on Equity (ROE) (Quarterly Data)