Stock Analysis on Net
Stock Analysis on Net

Union Pacific Corp. (NYSE:UNP)

Common-Size Income Statement
Quarterly Data

Union Pacific Corp., common-size consolidated income statement (quarterly data)

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3 months ended: Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Freight revenues 94.43 94.58 94.70 93.86 93.12 94.19 93.33 93.39 93.39 93.33 93.04 93.19 92.83 92.39 92.81 93.24 92.96 93.43 93.43 93.59 93.33
Other revenues 5.57 5.42 5.30 6.14 6.88 5.81 6.67 6.61 6.61 6.67 6.96 6.81 7.17 7.61 7.19 6.76 7.04 6.57 6.57 6.41 6.67
Operating revenues 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Compensation and benefits -20.11 -20.60 -20.16 -19.76 -20.28 -18.98 -20.22 -21.28 -19.47 -19.00 -19.46 -17.42 -18.79 -18.66 -18.68 -18.57 -20.52 -19.86 -20.49 -21.32 -20.25
Purchased services and materials -10.47 -10.11 -10.57 -10.72 -10.16 -10.47 -11.24 -10.90 -10.78 -10.24 -9.53 -9.92 -9.57 -9.38 -9.16 -8.68 -9.80 -9.57 -10.33 -10.39 -9.96
Depreciation -10.12 -9.90 -9.88 -9.92 -9.85 -9.56 -9.76 -9.68 -9.45 -9.21 -8.57 -8.92 -9.47 -9.70 -9.94 -9.99 -10.98 -10.83 -11.28 -12.98 -10.46
Fuel -10.00 -9.49 -10.01 -10.40 -10.91 -12.32 -11.82 -11.14 -12.65 -13.80 -14.19 -14.99 -12.18 -10.41 -9.77 -9.03 -8.22 -6.46 -6.12 -5.82 -8.30
Equipment and other rents -4.00 -4.05 -3.89 -3.65 -3.58 -3.72 -3.96 -4.16 -3.88 -3.85 -3.27 -3.67 -3.67 -4.01 -3.90 -3.63 -4.24 -4.28 -4.41 -4.97 -4.34
Other -5.96 -4.59 -5.81 -5.59 -5.89 -5.86 -6.36 -5.89 -5.89 -4.87 -4.86 -5.28 -5.75 -5.27 -4.85 -5.16 -6.40 -9.98 -6.08 -5.54 -5.70
Operating expenses -60.66% -58.75% -60.33% -60.05% -60.67% -60.92% -63.36% -63.04% -62.12% -60.97% -59.90% -60.20% -59.44% -57.44% -56.31% -55.07% -60.15% -60.98% -58.71% -61.03% -59.02%
Operating income 39.34% 41.25% 39.67% 39.95% 39.33% 39.08% 36.64% 36.96% 37.88% 39.03% 40.10% 39.80% 40.56% 42.56% 43.69% 44.93% 39.85% 39.02% 41.29% 38.97% 40.98%
Other income, net 1.29 1.11 1.43 1.71 1.53 1.75 1.78 1.56 3.04 1.49 1.89 2.60 0.80 1.45 0.68 2.27 1.02 1.28 0.75 3.09 1.01
Interest expense -5.34 -5.10 -5.16 -5.31 -5.37 -5.37 -5.62 -5.69 -5.55 -5.39 -4.80 -5.04 -5.24 -5.15 -5.21 -5.12 -5.80 -5.43 -6.00 -6.81 -5.32
Income before income taxes 35.29% 37.27% 35.94% 36.36% 35.48% 35.46% 32.81% 32.84% 35.37% 35.13% 37.19% 37.36% 36.13% 38.86% 39.17% 42.08% 35.07% 34.88% 36.04% 35.25% 36.68%
Income tax expense -8.31 -8.48 -8.50 -8.51 -8.27 -8.64 -7.09 -6.52 -8.45 -8.62 -8.33 -8.09 -8.31 -9.02 -9.11 -9.41 -8.26 -8.03 -8.34 -8.58 -8.49
Net income 26.98% 28.79% 27.43% 27.85% 27.21% 26.82% 25.72% 26.31% 26.92% 26.50% 28.86% 29.27% 27.82% 29.84% 30.06% 32.67% 26.81% 26.84% 27.71% 26.67% 28.19%

Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Union Pacific Corp. operating income as a percentage of operating revenues increased from Q3 2024 to Q4 2024 but then decreased significantly from Q4 2024 to Q1 2025.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Union Pacific Corp. income before income taxes as a percentage of operating revenues increased from Q3 2024 to Q4 2024 but then decreased significantly from Q4 2024 to Q1 2025.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Union Pacific Corp. net income as a percentage of operating revenues increased from Q3 2024 to Q4 2024 but then decreased significantly from Q4 2024 to Q1 2025.