Union Pacific (UNP) Return on Capital Employed [ROCE] (2009 - 2026)
Union Pacific (UNP) posted Return on Capital Employed [ROCE] of 15.93% for Q3 2026, up 0.21 percentage points from 15.73% a year earlier and up 0.24 percentage points from the prior quarter.
Union Pacific (UNP) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Union Pacific's Return on Capital Employed [ROCE] came in at 15.46%, down 0.16 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +1.92 percentage points (FY2020 to FY2025).
- In prior years, Union Pacific's Return on Capital Employed [ROCE] was 15.62% in FY2024 (+0.78 pp), 14.84% in FY2023 (-1.97 pp), 16.82% in FY2022 (+0.50 pp) and 16.32% in FY2021 (+2.78 pp).
- The Q3 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since Q1 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in five of the last eight quarters, with an average year-over-year change of +0.34 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q1 2022, with a gain of 3.24 percentage points; the weakest was Q1 2024, with a drop of 1.91 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 15.69% (Q2 2026), 15.27% (Q1 2026) and 15.35% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 179.72 Bn | 171.97 Bn | - | 15.93% |
| 2 | Csx | 95.95 Bn | 91.18 Bn | - | 13.38% |
| 3 | United Parcel Service | 84.51 Bn | 61.36 Bn | 22.04 Bn | 11.55% |
| 4 | Canadian Pacific Kansas City | 81.84 Bn | 81.57 Bn | 57.15 Mn | 7.22% |
| 5 | Fedex | 76.69 Bn | 42.88 Bn | 18.84 Bn | 7.01% |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 9.77% |
| 7 | Delta Air Lines | 56.72 Bn | 38.90 Bn | - | 10.05% |
| 8 | Old Dominion Freight Line | 36.07 Bn | 34.91 Bn | 1.56 Bn | 29.43% |
| 9 | United Airlines Holdings | 35.51 Bn | -22.18 Bn | - | 8.46% |
| 10 | Ryanair Holdings | 30.13 Bn | 14.39 Bn | - | 15.15% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.93% |
| Jun 30, 2026 | 15.69% |
| Mar 31, 2026 | 15.27% |
| Dec 31, 2025 | 15.35% |
| Sep 30, 2025 | 15.56% |
| Jun 30, 2025 | 15.64% |
| Mar 31, 2025 | 15.45% |
| Sep 30, 2024 | 15.03% |
| Jun 30, 2024 | 14.47% |
| Mar 31, 2024 | 14.44% |
| Sep 30, 2023 | 15.26% |
| Jun 30, 2023 | 15.84% |
| Mar 31, 2023 | 16.47% |
| 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% |
| Jun 30, 2021 | 14.77% |
| Mar 31, 2021 | 13.43% |
Union Pacific Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=UNP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "UNP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=UNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();