Financials in USD. Standardized financial statements.
A compact view of how Union Pacific Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $24.51B | $24.25B | $24.12B | $24.88B | $21.80B | $19.53B | $21.71B | $22.83B | $21.24B | $19.94B |
| Revenue Growth? | +1.1% | +0.5% | -3.0% | +14.1% | +11.6% | -10.0% | -4.9% | +7.5% | +6.5% | 0.0% |
| Cost of Revenue? | $9.96B | $13.21B | $13.59B | $13.67B | $11.29B | $10.35B | $12.09B | $13.29B | $12.23B | $11.67B |
| Gross Profit? | $14.55B | $11.04B | $10.53B | $11.21B | $10.51B | $9.18B | $9.61B | $9.54B | $9.01B | $8.27B |
| Gross Margin? | +59.4% | +45.5% | +43.7% | +45.0% | +48.2% | +47.0% | +44.3% | +41.8% | +42.4% | +41.5% |
| Operating Expenses? | $4.71B | $1.33B | $1.45B | $1.29B | $1.18B | $1.34B | $1.06B | $1.02B | $948.00M | $997.00M |
| Operating Income? | $9.84B | $9.71B | $9.08B | $9.92B | $9.34B | $7.83B | $8.55B | $8.52B | $8.06B | $7.27B |
| EBITDA? | $12.95B | $12.50B | $11.93B | $12.64B | $11.84B | $10.33B | $11.01B | $10.80B | $10.46B | $9.50B |
| Income Before Tax | $9.17B | $8.79B | $8.23B | $9.07B | $8.48B | $6.98B | $7.75B | $7.74B | $7.63B | $6.77B |
| Income Tax Expense | $2.03B | $2.05B | $1.85B | $2.07B | $1.96B | $1.63B | $1.83B | $1.77B | -$3.08B | $2.53B |
| Net Income? | $7.14B | $6.75B | $6.38B | $7.00B | $6.52B | $5.35B | $5.92B | $5.97B | $10.71B | $4.23B |
| EPS? | $12.01 | $11.10 | $10.47 | $11.24 | $9.98 | $7.90 | $8.41 | $7.95 | $13.42 | $5.09 |
| Diluted EPS? | $11.97 | $11.09 | $10.45 | $11.21 | $9.95 | $7.88 | $8.38 | $7.91 | $13.36 | $5.07 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality