Union Pacific (UNP) Tax Rate (2009 - 2026)
Union Pacific recorded quarterly Tax Rate of 23.69% in Q1 2026, up 1.86% quarter-over-quarter from 23.26% in Q4 2025, and up 13.0% year-over-year from 20.96% in Q1 2025.
Union Pacific's Tax Rate history runs 18 years deep, the most recent figure standing at 23.69% for Q1 2026.
- In Q1 2026, Tax Rate rose 13.0% year-over-year to 23.69%; the TTM figure through Mar 2026 stood at 22.17% (down 116.0% YoY), while the FY2025 annual figure was 22.13%, down 115.0% from the prior year.
- Tax Rate came in at 23.69% for Q1 2026 at Union Pacific, up from 23.26% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 24.55% in Q4 2022 to a low of 18.89% in Q2 2025.
- A 5-year average of 22.75% and a median of 23.26% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 353 bps in 2024 and tumbled 450 bps in 2025, its largest moves.
- Union Pacific's Tax Rate stood at 24.55% in 2022, then fell by 1 bps to 24.36% in 2023, then fell by 7 bps to 22.75% in 2024, then gained by 2 bps to 23.26% in 2025, then increased by 2 bps to 23.69% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.69%, 23.26%, and 22.86% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.69 |
| Mar 31, 2026 | 23.69 |
| Dec 31, 2025 | 23.26 |
| Dec 31, 2025 | 23.26 |
| Sep 30, 2025 | 22.86 |
| Sep 30, 2025 | 22.86 |
| Jun 30, 2025 | 18.89 |
| Jun 30, 2025 | 18.89 |
| Mar 31, 2025 | 23.55 |
| Mar 31, 2025 | 23.55 |
| Dec 31, 2024 | 22.75 |
| Dec 31, 2024 | 22.75 |
| Sep 30, 2024 | 23.66 |
| Sep 30, 2024 | 23.66 |
| Jun 30, 2024 | 23.40 |
| Jun 30, 2024 | 23.40 |
| Mar 31, 2024 | 23.32 |
| Mar 31, 2024 | 23.32 |
| Dec 31, 2023 | 24.36 |
| Dec 31, 2023 | 24.36 |
| Sep 30, 2023 | 21.60 |
| Sep 30, 2023 | 21.60 |
| Jun 30, 2023 | 19.87 |
| Jun 30, 2023 | 19.87 |
| Mar 31, 2023 | 23.90 |
| Mar 31, 2023 | 23.90 |
| Dec 31, 2022 | 24.55 |
| Dec 31, 2022 | 24.55 |
| Sep 30, 2022 | 22.40 |
| Sep 30, 2022 | 22.40 |
| Jun 30, 2022 | 21.65 |
| Jun 30, 2022 | 21.65 |
| Mar 31, 2022 | 23.00 |
| Mar 31, 2022 | 23.00 |
| Dec 31, 2021 | 23.20 |
| Dec 31, 2021 | 23.20 |
| Sep 30, 2021 | 23.26 |
| Sep 30, 2021 | 23.26 |
| Jun 30, 2021 | 22.37 |
| Jun 30, 2021 | 22.37 |
| Mar 31, 2021 | 23.55 |
| Mar 31, 2021 | 23.55 |
| Dec 31, 2020 | 4.07 |
| Dec 31, 2020 | 4.07 |
| Sep 30, 2020 | 23.12 |
| Sep 30, 2020 | 23.12 |
| Jun 30, 2020 | 24.33 |
| Jun 30, 2020 | 24.33 |
| Mar 31, 2020 | 23.15 |
| Mar 31, 2020 | 23.15 |
| Dec 31, 2019 | 25.29 |
| Dec 31, 2019 | 25.29 |
| Sep 30, 2019 | 23.06 |
| Sep 30, 2019 | 23.06 |
| Jun 30, 2019 | 23.71 |
| Jun 30, 2019 | 23.71 |
| Mar 31, 2019 | 22.29 |
| Mar 31, 2019 | 22.29 |
| Dec 31, 2018 | 22.92 |
| Dec 31, 2018 | 22.92 |
| Sep 30, 2018 | 23.27 |
| Sep 30, 2018 | 23.27 |
| Jun 30, 2018 | 22.14 |
| Jun 30, 2018 | 22.14 |
| Mar 31, 2018 | 23.44 |
| Mar 31, 2018 | 23.44 |
| Dec 31, 2017 | -247.90 |
| Dec 31, 2017 | -247.90 |
| Sep 30, 2017 | 39.79 |
| Sep 30, 2017 | 39.79 |
| Jun 30, 2017 | 37.51 |
| Jun 30, 2017 | 37.51 |
| Mar 31, 2017 | 36.49 |
| Mar 31, 2017 | 36.49 |
| Dec 31, 2016 | 37.52 |
| Dec 31, 2016 | 37.52 |
| Sep 30, 2016 | 37.34 |
| Sep 30, 2016 | 37.34 |
| Jun 30, 2016 | 37.40 |
| Jun 30, 2016 | 37.40 |
| Mar 31, 2016 | 37.48 |
| Mar 31, 2016 | 37.48 |
| Dec 31, 2015 | 37.32 |
| Dec 31, 2015 | 37.32 |
| Sep 30, 2015 | 37.53 |
| Sep 30, 2015 | 37.53 |
| Jun 30, 2015 | 37.87 |
| Jun 30, 2015 | 37.87 |
| Mar 31, 2015 | 37.95 |
| Mar 31, 2015 | 37.95 |
| Dec 31, 2014 | -1.22 |
| Dec 31, 2014 | -1.22 |
| Sep 30, 2014 | 37.90 |
| Sep 30, 2014 | 37.90 |
| Jun 30, 2014 | 37.93 |
| Jun 30, 2014 | 37.93 |
| Mar 31, 2014 | 38.15 |
| Mar 31, 2014 | 38.15 |
| Dec 31, 2013 | -0.74 |
| Dec 31, 2013 | -0.74 |
| Sep 30, 2013 | 37.85 |
| Sep 30, 2013 | 37.85 |
| Jun 30, 2013 | 37.44 |
| Jun 30, 2013 | 37.44 |
| Mar 31, 2013 | 38.06 |
| Mar 31, 2013 | 38.06 |
| Dec 31, 2012 | -17.26 |
| Dec 31, 2012 | -17.26 |
| Sep 30, 2012 | 37.87 |
| Sep 30, 2012 | 37.87 |
| Jun 30, 2012 | 37.76 |
| Jun 30, 2012 | 37.76 |
| Mar 31, 2012 | 37.96 |
| Mar 31, 2012 | 37.96 |
| Dec 31, 2011 | -27.45 |
| Dec 31, 2011 | -27.45 |
| Sep 30, 2011 | 37.78 |
| Sep 30, 2011 | 37.78 |
| Jun 30, 2011 | 38.19 |
| Jun 30, 2011 | 38.19 |
| Mar 31, 2011 | 36.80 |
| Mar 31, 2011 | 36.80 |
| Dec 31, 2010 | -22.63 |
| Dec 31, 2010 | -22.63 |
| Sep 30, 2010 | 38.88 |
| Sep 30, 2010 | 38.88 |
| Jun 30, 2010 | 37.96 |
| Jun 30, 2010 | 37.96 |
| Mar 31, 2010 | 38.13 |
| Mar 31, 2010 | 38.13 |
| Dec 31, 2009 | 36.82 |
| Dec 31, 2009 | 36.82 |
| Sep 30, 2009 | 37.24 |
| Sep 30, 2009 | 37.24 |
| Jun 30, 2009 | 36.41 |
| Jun 30, 2009 | 36.41 |
| Mar 31, 2009 | 34.54 |
| Mar 31, 2009 | 34.54 |