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

Union Pacific's (UNP) quarterly EBT Margin came in at 35.85% in Q1 2026, up 56.0% year-on-year from 22.98% in Q1 2025, and down 9.4% quarter-over-quarter from 39.57% in Q4 2025.

Union Pacific (UNP) EBT Margin (2009 - 2026) Analysis & Trends

Union Pacific has disclosed EBT Margin across 18 years of filings, most recently posting 35.85% for Q1 2026.

  • EBT Margin for Q1 2026 came in at 35.85%, up 56.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 37.52% (up 131.0% YoY), and the FY2025 annual result was 37.4%, up 113.0% from the prior year.
  • EBT Margin came in at 35.85% for Q1 2026 at Union Pacific, down from 39.57% 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.
  • The 5-year median for EBT Margin is 35.94% (2024), against an average of 36.04%.
  • Across the five-year window, EBT Margin sank 472 bps in 2022 and surged 352 bps in 2024, its largest moves.
  • Union Pacific's 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 retreated by 9 bps to 35.85% in 2026.
  • The last three EBT Margin figures came in at 35.85% (Q1 2026), 39.57% (Q4 2025), and 37.12% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Union Pacific 152.26 Bn 151.22 Bn 5.85 Bn 35.85%
2 Csx 84.99 Bn 83.89 Bn 3.18 Bn 30.53%
3 Norfolk Southern 67.33 Bn 65.99 Bn 2.74 Bn 23.85%
4 Canadian Pacific Kansas City 56.27 Bn 56.68 Bn 2.36 Bn 30.26%
5 Westinghouse Air Brake Technologies 46.65 Bn 46.16 Bn 1.06 Bn 15.90%
6 Trinity Industries 2.76 Bn 2.82 Bn 128.90 Mn 7.13%
7 Greenbrier Companies 1.54 Bn 1.05 Bn 69.50 Mn 1.94%
8 Foster L B 438.47 Mn 435.35 Mn 25.70 Mn 1.16%
9 Rail Vision 179.83 Mn 159.33 Mn 504,000.00 -482.40%
10 FreightCar America 178.32 Mn 114.02 Mn - -

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 42.08%