KPIs & Operating Metrics(New)
Growth Metrics

Union Pacific (UNP) EBITDA Margin (2016 - 2025)

Union Pacific's EBITDA Margin history spans 17 years, with the latest figure at 49.71% for Q4 2025.

  • For Q4 2025, EBITDA Margin fell 144.0% year-over-year to 49.71%; the TTM value through Dec 2025 reached 50.23%, up 29.0%, while the annual FY2025 figure was 50.23%, 29.0% up from the prior year.
  • EBITDA Margin for Q4 2025 was 49.71% at Union Pacific, down from 50.72% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 54.92% in Q2 2021 and bottomed at 43.69% in Q4 2021.
  • The 5-year median for EBITDA Margin is 49.5% (2024), against an average of 49.42%.
  • The largest YoY upside for EBITDA Margin was 454bps in 2022 against a maximum downside of -621bps in 2022.
  • A 5-year view of EBITDA Margin shows it stood at 43.69% in 2021, then grew by 10bps to 48.24% in 2022, then increased by 1bps to 48.64% in 2023, then rose by 5bps to 51.15% in 2024, then fell by -3bps to 49.71% in 2025.
  • Per Business Quant, the three most recent readings for UNP's EBITDA Margin are 49.71% (Q4 2025), 50.72% (Q3 2025), and 50.99% (Q2 2025).