Union Pacific (UNP) EBITDA Margin (2009 - 2026)
Union Pacific's EBITDA Margin came in at 49.83% for Q3 2026, down 0.89 percentage points from 50.72% a year earlier but up 0.28 percentage points from the prior quarter.
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Analysis
Union Pacific (UNP) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Union Pacific reported EBITDA Margin of 49.70%, down 0.88 percentage points year-over-year; for FY2025, it came in at 50.23%, up 0.29 percentage points from FY2024.
- EBITDA Margin carries a five-year change of -1.19 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 49.94% in FY2024 (+2.68 pp), 47.27% in FY2023 (-1.63 pp), 48.90% in FY2022 (-4.06 pp) and 52.95% in FY2021 (+1.53 pp).
- The five-year range for quarterly EBITDA Margin is 46.41% (Q3 2023) to 52.26% (Q4 2021).
- Year-over-year, EBITDA Margin increased in five of the last eight quarters, with an average year-over-year change of +0.19 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q2 2024 (a gain of 3.24 percentage points), and the weakest in Q2 2022 (a drop of 6.21 percentage points).
- Business Quant data shows UNP's EBITDA Margin at 49.55% (Q2 2026), 49.72% (Q1 2026) and 49.71% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 175.47 Bn | 167.72 Bn | - | 49.83% |
| 2 | United Parcel Service | 94.30 Bn | 71.12 Bn | - | 11.85% |
| 3 | Csx | 92.17 Bn | 87.39 Bn | - | 49.37% |
| 4 | Canadian Pacific Kansas City | 82.93 Bn | 81.96 Bn | - | 47.78% |
| 5 | Fedex | 75.59 Bn | 41.78 Bn | - | 10.71% |
| 6 | Norfolk Southern | 73.05 Bn | 67.51 Bn | - | 42.91% |
| 7 | Delta Air Lines | 59.68 Bn | 41.87 Bn | - | 10.54% |
| 8 | United Airlines Holdings | 38.94 Bn | -18.76 Bn | - | 12.44% |
| 9 | Old Dominion Freight Line | 35.20 Bn | 34.05 Bn | - | 34.14% |
| 10 | Ryanair Holdings | 32.28 Bn | 16.55 Bn | - | 38.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 49.83% |
| Jun 30, 2026 | 49.55% |
| Mar 31, 2026 | 49.72% |
| Dec 31, 2025 | 49.71% |
| Sep 30, 2025 | 50.72% |
| Jun 30, 2025 | 50.99% |
| Mar 31, 2025 | 49.46% |
| Dec 31, 2024 | 51.15% |
| Sep 30, 2024 | 49.55% |
| Jun 30, 2024 | 49.88% |
| Mar 31, 2024 | 49.18% |
| Dec 31, 2023 | 48.64% |
| Sep 30, 2023 | 46.41% |
| Jun 30, 2023 | 46.64% |
| Mar 31, 2023 | 47.32% |
| Dec 31, 2022 | 48.24% |
| Sep 30, 2022 | 48.67% |
| Jun 30, 2022 | 48.72% |
| Mar 31, 2022 | 50.03% |
| Dec 31, 2021 | 52.26% |
API Access
Union Pacific EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=UNP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "UNP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=UNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();