Union Pacific UNP
NYSE UNP
$308.05 +4.08 (+1.34%)
At close: Aug 21, 2026 · 4:00 PM EDT

Union Pacific (UNP) Return on Capital Employed (2009 - 2026)

Union Pacific (UNP) posted Return on Capital Employed of 15.69% for Q2 2026, up 2.8% sequentially from 15.27% in Q1 2026, and down 15.0% YoY from 18.46% in Q2 2025.

Union Pacific (UNP) Return on Capital Employed (2009 - 2026) Analysis & Trends

Union Pacific has reported Return on Capital Employed for 18 years, with the latest figure at 15.69% in Q2 2026.

  • Quarterly Return on Capital Employed fell 15.0% year-over-year to 15.69% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 15.69% (down 15.0% YoY) and the FY2025 annual result came in at 15.46%, down 16.0% from the prior year.
  • Return on Capital Employed advanced to 15.69% in Q2 2026 per UNP's latest filing, from 15.27% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 16.8% in Q3 2022 and troughed at 14.62% in Q1 2024.
  • A 5-year average of 15.7% and a median of 15.69% in 2025 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2024: Return on Capital Employed jumped 324 bps in 2022, then plunged 191 bps in 2024.
  • Over 5 years, Return on Capital Employed stood at 16.56% in 2022, then dropped by 11 bps to 14.71% in 2023, then gained by 6 bps to 15.57% in 2024, then retreated by 1 bps to 15.35% in 2025, then increased by 2 bps to 15.69% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 15.69%, 15.27%, and 15.35% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Union Pacific 182.58 Bn 180.47 Bn 6.50 Bn 15.69%
2 Csx 95.72 Bn 94.33 Bn 3.29 Bn 12.29%
3 Canadian Pacific Kansas City 85.71 Bn 85.44 Bn 2.92 Bn 6.84%
4 Canadian National Railway 79.38 Bn 79.38 Bn - -
5 Norfolk Southern 78.72 Bn 77.65 Bn - 9.67%
6 Westinghouse Air Brake Technologies 50.38 Bn 49.71 Bn 1.16 Bn 11.05%
7 Trinity Industries 2.37 Bn 2.21 Bn 109.90 Mn -
8 Greenbrier Companies 1.43 Bn 1.15 Bn 81.10 Mn -
9 Foster L B 392.93 Mn 387.15 Mn 30.87 Mn 9.65%
10 FreightCar America 235.01 Mn 170.72 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 15.69%
Mar 31, 2026 15.27%
Dec 31, 2025 15.35%
Sep 30, 2025 15.73%
Jun 30, 2025 15.85%
Mar 31, 2025 15.69%
Dec 31, 2024 15.57%
Sep 30, 2024 15.39%
Jun 30, 2024 14.79%
Mar 31, 2024 14.62%
Dec 31, 2023 14.71%
Sep 30, 2023 14.90%
Jun 30, 2023 15.71%
Mar 31, 2023 16.53%
Dec 31, 2022 16.56%
Sep 30, 2022 16.80%
Jun 30, 2022 16.73%
Mar 31, 2022 16.67%
Dec 31, 2021 16.33%
Sep 30, 2021 15.59%