KPIs & Operating Metrics(New)
Growth Metrics

Union Pacific (UNP) Tax Rate (2016 - 2025)

Union Pacific's Tax Rate history spans 16 years, with the latest figure at 23.26% for Q4 2025.

  • For Q4 2025, Tax Rate rose 50.0% year-over-year to 23.26%; the TTM value through Dec 2025 reached 22.13%, down 115.0%, while the annual FY2025 figure was 22.13%, 115.0% down from the prior year.
  • Tax Rate for Q4 2025 was 23.26% at Union Pacific, up from 22.86% in the prior quarter.
  • Across five years, Tax Rate topped out at 26.15% in Q1 2023 and bottomed at 18.89% in Q2 2025.
  • The 4-year median for Tax Rate is 23.29% (2024), against an average of 23.08%.
  • The largest annual shift saw Tax Rate surged 254bps in 2024 before it crashed -450bps in 2025.
  • A 4-year view of Tax Rate shows it stood at 22.37% in 2021, then grew by 15bps to 25.63% in 2023, then dropped by -11bps to 22.75% in 2024, then grew by 2bps to 23.26% in 2025.
  • Per Business Quant, the three most recent readings for UNP's Tax Rate are 23.26% (Q4 2025), 22.86% (Q3 2025), and 18.89% (Q2 2025).