Union Pacific (UNP) Net Margin (2009 - 2026)
Union Pacific (UNP) posted Net Margin of 29.04% for Q2 2026, up 6.12% sequentially from 27.36% in Q1 2026, and down 145.0% YoY from 64.52% in Q2 2025.
Union Pacific (UNP) Net Margin (2009 - 2026) Analysis & Trends
Union Pacific has reported Net Margin for 18 years, with the latest figure at 29.04% in Q2 2026.
- Quarterly Net Margin fell 145.0% year-over-year to 29.04% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 28.85% (up 698.0% YoY) and the FY2025 annual result came in at 29.12%, up 130.0% from the prior year.
- Net Margin advanced to 29.04% in Q2 2026 per UNP's latest filing, from 27.36% in the prior quarter.
- Over five years, Net Margin peaked at 30.48% in Q2 2025 and troughed at 0.95% in Q2 2024.
- A 5-year average of 12.1% and a median of 1.95% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2025: Net Margin sank 3034 bps in 2022, then surged 2954 bps in 2025.
- Over 5 years, Net Margin stood at 1.17% in 2022, then climbed by 10 bps to 1.28% in 2023, then soared by 2144 bps to 28.79% in 2024, then gained by 6 bps to 30.37% in 2025, then retreated by 4 bps to 29.04% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 29.04%, 27.36%, and 30.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 180.52 Bn | 178.40 Bn | 6.50 Bn | 29.04% |
| 2 | Csx | 94.59 Bn | 93.20 Bn | 3.29 Bn | 25.46% |
| 3 | Canadian Pacific Kansas City | 84.21 Bn | 83.94 Bn | 2.92 Bn | 24.59% |
| 4 | Canadian National Railway | 78.52 Bn | 78.52 Bn | - | 25.17% |
| 5 | Norfolk Southern | 77.93 Bn | 76.86 Bn | - | 21.18% |
| 6 | Westinghouse Air Brake Technologies | 49.47 Bn | 48.80 Bn | 1.16 Bn | 12.46% |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | 20.26% |
| 8 | Greenbrier Companies | 1.42 Bn | 1.15 Bn | 81.10 Mn | 2.15% |
| 9 | Foster L B | 390.24 Mn | 384.46 Mn | 30.87 Mn | 2.25% |
| 10 | FreightCar America | 228.00 Mn | 163.70 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.04% |
| Mar 31, 2026 | 27.36% |
| Dec 31, 2025 | 30.37% |
| Sep 30, 2025 | 28.64% |
| Jun 30, 2025 | 30.48% |
| Mar 31, 2025 | 26.98% |
| Dec 31, 2024 | 28.79% |
| Sep 30, 2024 | 1.15% |
| Jun 30, 2024 | 0.95% |
| Mar 31, 2024 | 1.08% |
| Dec 31, 2023 | 1.28% |
| Sep 30, 2023 | 1.51% |
| Jun 30, 2023 | 1.16% |
| Mar 31, 2023 | 2.91% |
| Dec 31, 2022 | 1.17% |
| Sep 30, 2022 | 1.57% |
| Jun 30, 2022 | 2.33% |
| Mar 31, 2022 | 1.02% |
| Dec 31, 2021 | 0.94% |
| Sep 30, 2021 | 0.95% |