Union Pacific (UNP) Gross Margin (2009 - 2026)
Union Pacific recorded quarterly Gross Margin of 94.15% in Q1 2026, down 11.95% quarter-over-quarter from 106.92% in Q4 2025, and up 10.0% year-over-year from 85.59% in Q1 2025.
Union Pacific's Gross Margin history runs 18 years deep, the most recent figure standing at 94.15% for Q1 2026.
- In Q1 2026, Gross Margin rose 10.0% year-over-year to 94.15%; the TTM figure through Mar 2026 stood at 96.47% (up 421.0% YoY), while the FY2025 annual figure was 94.39%, down 14.0% from the prior year.
- Gross Margin came in at 94.15% for Q1 2026 at Union Pacific, down from 106.92% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 121.0% in Q4 2022 to a low of 85.01% in Q2 2022.
- A 5-year average of 93.1% and a median of 89.99% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 1619 bps in 2022 and plunged 3333 bps in 2023, its largest moves.
- Union Pacific's Gross Margin stood at 121.0% in 2022, then retreated by 28 bps to 87.68% in 2023, then advanced by 9 bps to 95.41% in 2024, then grew by 12 bps to 106.92% in 2025, then decreased by 12 bps to 94.15% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 94.15%, 106.92%, and 94.36% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 94.15% |
| Dec 31, 2025 | 106.92% |
| Sep 30, 2025 | 94.36% |
| Jun 30, 2025 | 90.64% |
| Mar 31, 2025 | 94.04% |
| Dec 31, 2024 | 95.41% |
| Sep 30, 2024 | 89.99% |
| Jun 30, 2024 | 89.60% |
| Mar 31, 2024 | 89.09% |
| Dec 31, 2023 | 87.68% |
| Sep 30, 2023 | 88.18% |
| Jun 30, 2023 | 88.86% |
| Mar 31, 2023 | 94.11% |
| Dec 31, 2022 | 121.00% |
| Sep 30, 2022 | 85.81% |
| Jun 30, 2022 | 85.01% |
| Mar 31, 2022 | 87.82% |
| Dec 31, 2021 | 104.81% |
| Sep 30, 2021 | 95.15% |
| Jun 30, 2021 | 94.84% |
| Mar 31, 2021 | 93.60% |
| Dec 31, 2020 | 90.62% |
| Sep 30, 2020 | 93.45% |
| Jun 30, 2020 | 94.46% |
| Mar 31, 2020 | 91.11% |
| Dec 31, 2019 | 110.26% |
| Sep 30, 2019 | 94.98% |
| Jun 30, 2019 | 95.59% |
| Mar 31, 2019 | 90.14% |
| Dec 31, 2018 | 88.88% |
| Sep 30, 2018 | 88.88% |
| Jun 30, 2018 | 88.66% |
| Mar 31, 2018 | 95.14% |
| Dec 31, 2017 | 107.27% |
| Sep 30, 2017 | 95.75% |
| Jun 30, 2017 | 95.83% |
| Mar 31, 2017 | 94.93% |
| Dec 31, 2016 | 91.66% |
| Sep 30, 2016 | 92.42% |
| Jun 30, 2016 | 92.75% |
| Mar 31, 2016 | 94.84% |
| Dec 31, 2015 | 74.58% |
| Sep 30, 2015 | 96.31% |
| Jun 30, 2015 | 95.86% |
| Mar 31, 2015 | 95.39% |
| Dec 31, 2014 | 129.29% |
| Sep 30, 2014 | 85.73% |
| Jun 30, 2014 | 96.21% |
| Mar 31, 2014 | 83.66% |
| Dec 31, 2013 | 83.93% |
| Sep 30, 2013 | 96.32% |
| Jun 30, 2013 | 84.22% |
| Mar 31, 2013 | 95.52% |
| Dec 31, 2012 | 136.19% |
| Sep 30, 2012 | 83.53% |
| Jun 30, 2012 | 83.11% |
| Mar 31, 2012 | 95.77% |
| Dec 31, 2011 | 41.46% |
| Sep 30, 2011 | 95.94% |
| Jun 30, 2011 | 81.39% |
| Mar 31, 2011 | 81.60% |
| Dec 31, 2010 | 96.08% |
| Sep 30, 2010 | 95.96% |
| Jun 30, 2010 | 97.08% |
| Mar 31, 2010 | 93.80% |
| Dec 31, 2009 | 114.25% |
| Sep 30, 2009 | 87.31% |
| Jun 30, 2009 | 88.80% |
| Mar 31, 2009 | 88.70% |