Union Pacific (UNP) EBT Margin (2009 - 2026)
Union Pacific's (UNP) quarterly EBT Margin came in at 37.22% in Q2 2026, down 36.0% year-over-year from 58.16% in Q2 2025, and up 3.82% quarter-over-quarter from 35.85% in Q1 2026.
Analysis
Union Pacific (UNP) EBT Margin (2009 - 2026) Analysis & Trends
Union Pacific has disclosed EBT Margin across 18 years of filings, most recently posting 37.22% for Q2 2026.
- In Q2 2026, EBT Margin fell 36.0% year-over-year to 37.22%; the TTM figure through Jun 2026 stood at 37.43% (up 90.0% YoY), while the FY2025 annual figure was 37.4%, up 113.0% from the prior year.
- EBT Margin came in at 37.22% for Q2 2026 at Union Pacific, up from 35.85% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 39.57% in Q4 2025 to a low of 32.81% in Q3 2023.
- Average EBT Margin over 5 years is 36.11%, with a median of 36.03% recorded in 2022.
- Year-over-year, EBT Margin plunged 472 bps in 2022 and soared 352 bps in 2024.
- Over 5 years, EBT Margin stood at 35.13% in 2022, then grew by 1 bps to 35.46% in 2023, then grew by 5 bps to 37.27% in 2024, then increased by 6 bps to 39.57% in 2025, then slipped by 6 bps to 37.22% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 37.22% in Q2 2026, 35.85% in Q1 2026, and 39.57% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 169.18 Bn | 167.07 Bn | 6.50 Bn | 37.22% |
| 2 | Csx | 90.38 Bn | 88.99 Bn | 3.29 Bn | 33.55% |
| 3 | Canadian Pacific Kansas City | 78.69 Bn | 78.42 Bn | 2.92 Bn | 32.64% |
| 4 | Norfolk Southern | 72.43 Bn | 71.36 Bn | - | 27.68% |
| 5 | FTAI Infrastructure | 389.35 Mn | 249.40 Mn | 69.44 Mn | -80.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.22% |
| Mar 31, 2026 | 35.85% |
| Dec 31, 2025 | 39.57% |
| Sep 30, 2025 | 37.12% |
| Jun 30, 2025 | 37.59% |
| Mar 31, 2025 | 35.29% |
| Dec 31, 2024 | 37.27% |
| Sep 30, 2024 | 35.94% |
| Jun 30, 2024 | 36.36% |
| Mar 31, 2024 | 35.48% |
| Dec 31, 2023 | 35.46% |
| Sep 30, 2023 | 32.81% |
| Jun 30, 2023 | 32.84% |
| Mar 31, 2023 | 35.37% |
| Dec 31, 2022 | 35.13% |
| Sep 30, 2022 | 37.19% |
| Jun 30, 2022 | 37.36% |
| Mar 31, 2022 | 36.13% |
| Dec 31, 2021 | 38.86% |
| Sep 30, 2021 | 39.17% |