Union Pacific annual ebitda margin
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2024
2025
Union Pacific EBITDA Margin Growth & History (UNP)
Union Pacific's ebitda margin was 50.34% for fiscal 2025.
View full Union Pacific company overviewUnion Pacific annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 50.34% | +0.27 pp |
| 2024 | 2024-12-31 | 50.07% | +2.65 pp |
| 2023 | 2023-12-31 | 47.42% | −1.68 pp |
| 2022 | 2022-12-31 | 49.11% | −4.16 pp |
| 2021 | 2021-12-31 | 53.27% | +1.51 pp |
| 2020 | 2020-12-31 | 51.76% | +1.81 pp |
| 2019 | 2019-12-31 | 49.94% | +3.05 pp |
| 2018 | 2018-12-31 | 46.90% | −1.18 pp |
| 2017 | 2017-12-31 | 48.07% | +1.53 pp |
| 2016 | 2016-12-31 | 46.54% | +0.40 pp |
| 2015 | 2015-12-31 | 46.14% | +1.71 pp |
| 2014 | 2014-12-31 | 44.43% | +2.43 pp |
| 2013 | 2013-12-31 | 41.99% | +1.35 pp |
| 2012 | 2012-12-31 | 40.64% | +3.11 pp |
| 2011 | 2011-12-31 | 37.54% | −0.59 pp |
| 2010 | 2010-12-31 | 38.13% | +4.14 pp |
| 2009 | 2009-12-31 | 33.98% | +3.73 pp |
| 2008 | 2008-12-31 | 30.25% | +1.41 pp |
| 2007 | 2007-12-31 | 28.84% | — |
Union Pacific quarterly ebitda margin
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Q2.26
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 49.55% | −1.44 pp |
| Q1 2026 | 2026-03-31 | 49.72% | +0.26 pp |
| Q4 2025 | 2025-12-31 | 50.17% | −1.49 pp |
| Q3 2025 | 2025-09-30 | 50.72% | +1.17 pp |
| Q2 2025 | 2025-06-30 | 50.99% | +1.12 pp |
| Q1 2025 | 2025-03-31 | 49.46% | +0.28 pp |
| Q4 2024 | 2024-12-31 | 51.66% | +2.40 pp |
| Q3 2024 | 2024-09-30 | 49.55% | +3.14 pp |
| Q2 2024 | 2024-06-30 | 49.88% | +3.24 pp |
| Q1 2024 | 2024-03-31 | 49.18% | +1.85 pp |
| Q4 2023 | 2023-12-31 | 49.26% | +0.18 pp |
| Q3 2023 | 2023-09-30 | 46.41% | −2.27 pp |
| Q2 2023 | 2023-06-30 | 46.64% | −2.08 pp |
| Q1 2023 | 2023-03-31 | 47.32% | −2.71 pp |
| Q4 2022 | 2022-12-31 | 49.08% | −4.38 pp |
| Q3 2022 | 2022-09-30 | 48.67% | −4.95 pp |
| Q2 2022 | 2022-06-30 | 48.72% | −6.21 pp |
| Q1 2022 | 2022-03-31 | 50.03% | −0.80 pp |
| Q4 2021 | 2021-12-31 | 53.46% | +3.30 pp |
| Q3 2021 | 2021-09-30 | 53.63% | −2.99 pp |
| Q2 2021 | 2021-06-30 | 54.92% | −1.02 pp |
| Q1 2021 | 2021-03-31 | 50.83% | −4.64 pp |
| Q4 2020 | 2020-12-31 | 50.17% | −1.20 pp |
| Q3 2020 | 2020-09-30 | 56.61% | +2.03 pp |
| Q2 2020 | 2020-06-30 | 55.94% | +1.91 pp |
| Q1 2020 | 2020-03-31 | 55.47% | +5.03 pp |
| Q4 2019 | 2019-12-31 | 51.36% | +3.33 pp |
| Q3 2019 | 2019-09-30 | 54.59% | +3.92 pp |
| Q2 2019 | 2019-06-30 | 54.03% | +4.28 pp |
| Q1 2019 | 2019-03-31 | 50.44% | +5.11 pp |
| Q4 2018 | 2018-12-31 | 48.03% | −2.96 pp |
| Q3 2018 | 2018-09-30 | 50.67% | +2.57 pp |
| Q2 2018 | 2018-06-30 | 49.75% | +1.69 pp |
| Q1 2018 | 2018-03-31 | 45.33% | +0.36 pp |
| Q4 2017 | 2017-12-31 | 50.99% | +3.47 pp |
| Q3 2017 | 2017-09-30 | 48.10% | +0.32 pp |
| Q2 2017 | 2017-06-30 | 48.06% | +2.69 pp |
| Q1 2017 | 2017-03-31 | 44.97% | −0.36 pp |
| Q4 2016 | 2016-12-31 | 47.52% | +0.77 pp |
| Q3 2016 | 2016-09-30 | 47.78% | −1.04 pp |
| Q2 2016 | 2016-06-30 | 45.37% | +0.31 pp |
| Q1 2016 | 2016-03-31 | 45.33% | +1.37 pp |
| Q4 2015 | 2015-12-31 | 46.75% | +0.24 pp |
| Q3 2015 | 2015-09-30 | 48.81% | +3.34 pp |
| Q2 2015 | 2015-06-30 | 45.05% | +0.73 pp |
| Q1 2015 | 2015-03-31 | 43.96% | +2.85 pp |
| Q4 2014 | 2014-12-31 | 46.51% | +3.33 pp |
| Q3 2014 | 2014-09-30 | 45.47% | +2.24 pp |
| Q2 2014 | 2014-06-30 | 44.32% | +1.98 pp |
| Q1 2014 | 2014-03-31 | 41.11% | +2.04 pp |
| Q4 2013 | 2013-12-31 | 43.18% | +1.69 pp |
| Q3 2013 | 2013-09-30 | 43.23% | +1.43 pp |
| Q2 2013 | 2013-06-30 | 42.34% | +1.03 pp |
| Q1 2013 | 2013-03-31 | 39.07% | +1.18 pp |
| Q4 2012 | 2012-12-31 | 41.49% | +1.74 pp |
| Q3 2012 | 2012-09-30 | 41.79% | +2.86 pp |
| Q2 2012 | 2012-06-30 | 41.31% | +4.41 pp |
| Q1 2012 | 2012-03-31 | 37.89% | +3.77 pp |
| Q4 2011 | 2011-12-31 | 39.74% | +1.35 pp |
| Q3 2011 | 2011-09-30 | 38.93% | −1.29 pp |
| Q2 2011 | 2011-06-30 | 36.91% | −2.47 pp |
| Q1 2011 | 2011-03-31 | 34.12% | −0.05 pp |
| Q4 2010 | 2010-12-31 | 38.39% | +1.84 pp |
| Q3 2010 | 2010-09-30 | 40.22% | +4.16 pp |
| Q2 2010 | 2010-06-30 | 39.38% | +6.14 pp |
| Q1 2010 | 2010-03-31 | 34.17% | +4.54 pp |
| Q4 2009 | 2009-12-31 | 36.55% | — |
| Q3 2009 | 2009-09-30 | 36.07% | +3.81 pp |
| Q2 2009 | 2009-06-30 | 33.24% | +5.29 pp |
| Q1 2009 | 2009-03-31 | 29.63% | — |
| Q3 2008 | 2008-09-30 | 32.25% | — |
| Q2 2008 | 2008-06-30 | 27.96% | — |
Union Pacific ebitda margin trends
Over the last five fiscal years, Union Pacific's ebitda margin decreased from 51.76% to 50.34%, a change of −1.42 percentage points. The latest reported quarter, Q2 2026, shows 49.55%.
About the metric
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
Calculation and source
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Union Pacific source filings ↗Community posts
Union Pacific grows earnings as freight volumes rise
Union Pacific ($UNP) reported third-quarter 2026 net income of $2.1 billion, up 16%, with GAAP earnings of $3.49 per share. Adjusted earnings increased 15% to $3.53. Revenue rose 15% to $7.2 billion as carloads increased 6%, supported by co ...
