Union Pacific (UNP) Return on Equity [ROE] (2009 - 2026)
Union Pacific's Return on Equity [ROE] came in at 36.57% for Q2 2026, down 6.38 percentage points from 42.95% a year earlier and down 1.51 percentage points from the prior quarter.
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Analysis
Union Pacific (UNP) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Union Pacific's Return on Equity [ROE] was 40.38%, down 2.22 percentage points from FY2024.
- Return on Equity [ROE] has declined in each of the last three years, though with a five-year change of +9.89 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 42.60% in FY2024 (-4.74 pp), 47.34% in FY2023 (-5.83 pp), 53.17% in FY2022 (+11.25 pp) and 41.92% in FY2021 (+11.43 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Equity [ROE] since Q1 2021.
- Year-over-year, Return on Equity [ROE] has declined for three consecutive quarters, with an average year-over-year change of -2.11 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q1 2022 (a gain of 20.87 percentage points), and the weakest in Q1 2024 (a drop of 14.89 percentage points).
- Business Quant data shows UNP's Return on Equity [ROE] at 38.08% (Q1 2026), 39.91% (Q4 2025) and 42.02% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 36.57% |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 23.52% |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 8.10% |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 29.59% |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 16.45% |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 14.43% |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 18.73% |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 24.35% |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 19.32% |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 16.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.57% |
| Mar 31, 2026 | 38.08% |
| Dec 31, 2025 | 39.91% |
| Sep 30, 2025 | 42.02% |
| Jun 30, 2025 | 42.95% |
| Mar 31, 2025 | 40.89% |
| Dec 31, 2024 | 40.31% |
| Sep 30, 2024 | 40.14% |
| Jun 30, 2024 | 40.39% |
| Mar 31, 2024 | 41.97% |
| Dec 31, 2023 | 44.31% |
| Sep 30, 2023 | 46.80% |
| Jun 30, 2023 | 52.50% |
| Mar 31, 2023 | 56.86% |
| Dec 31, 2022 | 58.55% |
| Sep 30, 2022 | 57.83% |
| Jun 30, 2022 | 55.67% |
| Mar 31, 2022 | 52.28% |
| Dec 31, 2021 | 46.46% |
| Sep 30, 2021 | 43.88% |
API Access
Union Pacific Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=UNP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=UNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();