Union Pacific (UNP) EBITDA Margin (2009 - 2026)

Union Pacific has disclosed EBITDA Margin across 18 years of filings, most recently posting 49.72% for Q1 2026.

• EBITDA Margin for Q1 2026 came in at 49.72%, up 26.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 50.29% (up 28.0% YoY), and the FY2025 annual result was 50.23%, up 29.0% from the prior year.
• EBITDA Margin came in at 49.72% for Q1 2026 at Union Pacific, roughly flat from 49.71% in the prior quarter.
• In the past five years, EBITDA Margin ranged from a high of 51.15% in Q4 2024 to a low of 46.41% in Q3 2023.
• The 5-year median for EBITDA Margin is 49.46% (2025), against an average of 49.12%.
• Across the five-year window, EBITDA Margin slumped 621 bps in 2022 and surged 324 bps in 2024, its largest moves.
• Union Pacific's EBITDA Margin stood at 48.24% in 2022, then gained by 1 bps to 48.64% in 2023, then increased by 5 bps to 51.15% in 2024, then decreased by 3 bps to 49.71% in 2025, then advanced by 0 bps to 49.72% in 2026.
• The last three EBITDA Margin figures came in at 49.72% (Q1 2026), 49.71% (Q4 2025), and 50.72% (Q3 2025), per Business Quant data.