Union Pacific Corporation (UNP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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UNP Revenue Growth
Revenue Breakdown (FY 2025)
UNP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
UNP Revenue Analysis (2014–2025)
As of May 8, 2026, Union Pacific Corporation (UNP) generated trailing twelve-month (TTM) revenue of $18.49 billion, reflecting significant decline in growth of -99.9% year-over-year. The most recent quarter (Q1 2026) recorded $6.2 million in revenue, down 99.9% sequentially.
Looking at the longer-term picture, UNP's 5-year compound annual growth rate (CAGR) stands at +4.6%, indicating moderate growth over time. The company achieved its highest annual revenue of $24.88 billion in 2022.
Revenue diversification analysis shows UNP's business is primarily driven by Industrial (35%), Bulk (31%), and Premium (29%).
When compared to Industrials sector peers including CSX (-0.9% YoY), NSC (+0.6% YoY), and CP (+1.1% YoY), UNP has underperformed the peer group in terms of revenue growth. Compare UNP vs CSX →
UNP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| UNPCurrent | $18.5B | -99.9% | +4.6% | 40.1% | |
 CSX | $14.1B | -0.9% | +5.9% | 32.1% | |
 NSC | $12.2B | +0.6% | +4.5% | 32.9% | |
 CP | $15.1B | +1.1% | +14.4% | 37.2% | |
 CNI | $17.3B | +0.5% | +4.6% | 38.1% | |
 JBHT | $12.0B | -0.7% | +4.5% | 7.2% |
UNP Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $24.51B | +1.1% | $14.55B | 59.4% | $9.84B | 40.1% |
| 2024 | $24.25B | +0.5% | $11.04B | 45.5% | $9.71B | 40.1% |
| 2023 | $24.12B | -3.0% | $10.53B | 43.7% | $9.08B | 37.7% |
| 2022 | $24.88B | +14.1% | $11.21B | 45.0% | $9.92B | 39.9% |
| 2021 | $21.80B | +11.6% | $10.51B | 48.2% | $9.34B | 42.8% |
| 2020 | $19.53B | -10.0% | $9.18B | 47.0% | $7.83B | 40.1% |
| 2019 | $21.71B | -4.9% | $9.61B | 44.3% | $8.55B | 39.4% |
| 2018 | $22.83B | +7.5% | $9.54B | 41.8% | $8.52B | 37.3% |
| 2017 | $21.24B | +6.5% | $9.01B | 42.4% | $8.06B | 38.0% |
| 2016 | $19.94B | -8.6% | $8.27B | 41.5% | $7.27B | 36.5% |
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Start ComparisonUNP — Frequently Asked Questions
Quick answers to the most common questions about buying UNP stock.
Is UNP's revenue growth accelerating or slowing?
UNP revenue declined -99.9% year-over-year, contrasting with the 5-year CAGR of +4.6%. TTM revenue fell to $18.5B. This reverses the prior growth trend.
What is UNP's long-term revenue growth rate?
Union Pacific Corporation's 5-year revenue CAGR of +4.6% reflects the variable expansion pattern. Current YoY growth of -99.9% is below this long-term average.
How is UNP's revenue distributed by segment?
UNP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.