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

Union Pacific has disclosed Net Margin across 18 years of filings, most recently posting 29.04% for Q2 2026.

• In Q2 2026, Net Margin fell 145.0% year-over-year to 29.04%; the TTM figure through Jun 2026 stood at 28.85% (up 698.0% YoY), while the FY2025 annual figure was 29.12%, up 130.0% from the prior year.
• Net Margin came in at 29.04% for Q2 2026 at Union Pacific, up from 27.36% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 30.48% in Q2 2025 to a low of 0.95% in Q2 2024.
• Average Net Margin over 5 years is 12.1%, with a median of 1.95% recorded in 2022.
• Year-over-year, Net Margin plunged 3034 bps in 2022 and jumped 2954 bps in 2025.
• Over 5 years, Net Margin stood at 1.17% in 2022, then gained by 10 bps to 1.28% in 2023, then jumped by 2144 bps to 28.79% in 2024, then increased by 6 bps to 30.37% in 2025, then declined by 4 bps to 29.04% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 29.04% in Q2 2026, 27.36% in Q1 2026, and 30.37% in Q4 2025.