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| Date | Value |
|---|---|
| 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% |