Return on Equity (ROE)
since 2005
Calculation
Union Pacific Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Common shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 43.14% | = | 100 | × | 6,379) | ÷ | 14,788) |
| Dec 31, 2022 | 57.54% | = | 100 | × | 6,998) | ÷ | 12,163) |
| Dec 31, 2021 | 46.06% | = | 100 | × | 6,523) | ÷ | 14,161) |
| Dec 31, 2020 | 31.54% | = | 100 | × | 5,349) | ÷ | 16,958) |
| Dec 31, 2019 | 32.65% | = | 100 | × | 5,919) | ÷ | 18,128) |
| Dec 31, 2018 | 29.21% | = | 100 | × | 5,966) | ÷ | 20,423) |
| Dec 31, 2017 | 43.10% | = | 100 | × | 10,712) | ÷ | 24,856) |
| Dec 31, 2016 | 21.24% | = | 100 | × | 4,233) | ÷ | 19,932) |
| Dec 31, 2015 | 23.05% | = | 100 | × | 4,772) | ÷ | 20,702) |
| Dec 31, 2014 | 24.45% | = | 100 | × | 5,180) | ÷ | 21,189) |
| Dec 31, 2013 | 20.67% | = | 100 | × | 4,388) | ÷ | 21,225) |
| Dec 31, 2012 | 19.84% | = | 100 | × | 3,943) | ÷ | 19,877) |
| Dec 31, 2011 | 17.72% | = | 100 | × | 3,292) | ÷ | 18,578) |
| Dec 31, 2010 | 15.65% | = | 100 | × | 2,780) | ÷ | 17,763) |
| Dec 31, 2009 | 11.20% | = | 100 | × | 1,898) | ÷ | 16,941) |
| Dec 31, 2008 | 15.14% | = | 100 | × | 2,338) | ÷ | 15,447) |
| Dec 31, 2007 | 11.90% | = | 100 | × | 1,855) | ÷ | 15,585) |
| Dec 31, 2006 | 10.49% | = | 100 | × | 1,606) | ÷ | 15,312) |
| Dec 31, 2005 | 7.49% | = | 100 | × | 1,026) | ÷ | 13,707) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Union Pacific Corp., ROE, long-term trends, comparison to competitors
| Union Pacific Corp. | FedEx Corp. | Uber Technologies Inc. | United Parcel Service Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | 43.14% | 15.23% | 16.77% | 38.76% |
| Dec 31, 2022 | 57.54% | 15.34% | -124.54% | 58.36% |
| Dec 31, 2021 | 46.06% | 21.64% | -3.43% | 90.44% |
| Dec 31, 2020 | 31.54% | 7.03% | -55.18% | 204.41% |
| Dec 31, 2019 | 32.65% | 3.04% | -59.94% | 135.90% |
| Dec 31, 2018 | 29.21% | 23.55% | — | 158.59% |
| Dec 31, 2017 | 43.10% | 18.65% | — | 491.00% |
| Dec 31, 2016 | 21.24% | 13.20% | — | 847.16% |
| Dec 31, 2015 | 23.05% | 7.00% | — | 196.11% |
| Dec 31, 2014 | 24.45% | 13.73% | — | 141.62% |
| Dec 31, 2013 | 20.67% | 8.97% | — | 67.53% |
| Dec 31, 2012 | 19.84% | 13.80% | — | 17.34% |
| Dec 31, 2011 | 17.72% | 9.54% | — | 54.07% |
| Dec 31, 2010 | 15.65% | 8.57% | — | 43.71% |
| Dec 31, 2009 | 11.20% | 0.72% | — | 28.20% |
| Dec 31, 2008 | 15.14% | 7.74% | — | 44.29% |
| Dec 31, 2007 | 11.90% | 15.93% | — | 3.14% |
| Dec 31, 2006 | 10.49% | 15.69% | — | 27.14% |
| Dec 31, 2005 | 7.49% | 15.11% | — | 22.92% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Transportation)
Union Pacific Corp., ROE, long-term trends, comparison to sector (transportation)
| Union Pacific Corp. | Transportation | |
|---|---|---|
| Dec 31, 2023 | 43.14% | 27.29% |
| Dec 31, 2022 | 57.54% | 20.60% |
| Dec 31, 2021 | 46.06% | 36.02% |
| Dec 31, 2020 | 31.54% | 2.51% |
| Dec 31, 2019 | 32.65% | 4.49% |
| Dec 31, 2018 | 29.21% | 35.77% |
| Dec 31, 2017 | 43.10% | 44.41% |
| Dec 31, 2016 | 21.24% | 27.80% |
| Dec 31, 2015 | 23.05% | 27.95% |
| Dec 31, 2014 | 24.45% | 26.70% |
| Dec 31, 2013 | 20.67% | 22.89% |
| Dec 31, 2012 | 19.84% | 17.28% |
| Dec 31, 2011 | 17.72% | 20.93% |
| Dec 31, 2010 | 15.65% | 18.84% |
| Dec 31, 2009 | 11.20% | 10.86% |
| Dec 31, 2008 | 15.14% | 17.59% |
| Dec 31, 2007 | 11.90% | 10.52% |
| Dec 31, 2006 | 10.49% | 18.00% |
| Dec 31, 2005 | 7.49% | 15.79% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
Union Pacific Corp., ROE, long-term trends, comparison to industry (industrials)
| Union Pacific Corp. | Industrials | |
|---|---|---|
| Dec 31, 2023 | 43.14% | 27.68% |
| Dec 31, 2022 | 57.54% | 15.53% |
| Dec 31, 2021 | 46.06% | 16.58% |
| Dec 31, 2020 | 31.54% | 3.94% |
| Dec 31, 2019 | 32.65% | 13.76% |
| Dec 31, 2018 | 29.21% | 17.74% |
| Dec 31, 2017 | 43.10% | 17.95% |
| Dec 31, 2016 | 21.24% | 21.48% |
| Dec 31, 2015 | 23.05% | 13.44% |
| Dec 31, 2014 | 24.45% | 19.42% |
| Dec 31, 2013 | 20.67% | 16.37% |
| Dec 31, 2012 | 19.84% | 17.53% |
| Dec 31, 2011 | 17.72% | 19.87% |
| Dec 31, 2010 | 15.65% | 16.43% |
| Dec 31, 2009 | 11.20% | 12.98% |
| Dec 31, 2008 | 15.14% | 23.45% |
| Dec 31, 2007 | 11.90% | 20.40% |
| Dec 31, 2006 | 10.49% | 21.29% |
| Dec 31, 2005 | 7.49% | 16.98% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).