Union Pacific (UNP) EBT Margin (2009 - 2026)
Union Pacific's EBT Margin came in at 37.88% for Q3 2026, up 0.75 percentage points from 37.12% a year earlier and up 0.65 percentage points from the prior quarter.
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Analysis
Union Pacific (UNP) EBT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Union Pacific reported EBT Margin of 37.62%, up 0.80 percentage points year-over-year; for FY2025, it came in at 37.40%, up 1.13 percentage points from FY2024.
- EBT Margin carries a five-year change of +1.66 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 36.26% in FY2024 (+2.13 pp), 34.13% in FY2023 (-2.34 pp), 36.47% in FY2022 (-2.41 pp) and 38.88% in FY2021 (+3.15 pp).
- The five-year range for quarterly EBT Margin is 32.81% (Q3 2023) to 39.57% (Q4 2025).
- Year-over-year, EBT Margin increased in six of the last eight quarters, with an average year-over-year change of +0.91 percentage points.
- The fastest year-over-year change in EBT Margin over five years came in Q4 2021 (a gain of 3.99 percentage points), and the weakest in Q2 2022 (a drop of 4.72 percentage points).
- Business Quant data shows UNP's EBT Margin at 37.22% (Q2 2026), 35.85% (Q1 2026) and 39.57% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 179.72 Bn | 171.97 Bn | - | 37.88% |
| 2 | Csx | 95.95 Bn | 91.18 Bn | - | 34.45% |
| 3 | United Parcel Service | 84.51 Bn | 61.36 Bn | 22.04 Bn | 6.87% |
| 4 | Canadian Pacific Kansas City | 81.84 Bn | 81.57 Bn | 57.15 Mn | 32.33% |
| 5 | Fedex | 76.69 Bn | 42.88 Bn | 18.84 Bn | 8.43% |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 27.99% |
| 7 | Delta Air Lines | 56.72 Bn | 38.90 Bn | - | 5.32% |
| 8 | Old Dominion Freight Line | 36.07 Bn | 34.91 Bn | 1.56 Bn | 28.60% |
| 9 | United Airlines Holdings | 35.51 Bn | -22.18 Bn | - | 7.33% |
| 10 | Ryanair Holdings | 30.13 Bn | 14.39 Bn | - | 32.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 37.88% |
| 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% |
| Sep 30, 2024 | 35.94% |
| Jun 30, 2024 | 36.36% |
| Mar 31, 2024 | 35.48% |
| Sep 30, 2023 | 32.81% |
| Jun 30, 2023 | 32.84% |
| Mar 31, 2023 | 35.37% |
| 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% |
| Mar 31, 2021 | 35.07% |
API Access
Union Pacific EBT 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=ebt-margin&ticker=UNP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=UNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();