What is the current annual gross margin of UNP?

As of today, UNP annual gross margin is 45.37%

What is 1-year change in UNP annual gross margin?

UNP annual gross margin is up +4.30% year-over-year

What is 3-year change in UNP annual gross margin?

UNP annual gross margin is down -5.91% over the past 3 years

How far is UNP annual gross margin from its all-time high?

UNP annual gross margin is currently -40.77% below its historical high of 76.60% set on December 31, 1991

How does UNP annual gross margin rank versus sector peers?

UNP annual gross margin is higher than 86.26% of companies in Industrials sector

When is UNP next annual earnings release?

The next annual earnings release for UNP is on January 27, 2026

What is the current quarterly gross margin of UNP?

As of today, UNP quarterly gross margin is 46.36%

What is UNP quarterly gross margin most recent change?

UNP quarterly gross margin was up +0.56% on September 30, 2025

What is 1-year change in UNP quarterly gross margin?

UNP quarterly gross margin is up +2.20% year-over-year

How far is UNP quarterly gross margin from its all-time high?

UNP quarterly gross margin is currently -80.99% below its historical high of 243.88% set on December 31, 1994

How does UNP quarterly gross margin rank versus sector peers?

UNP quarterly gross margin is higher than 87.76% of companies in Industrials sector

When is UNP next earnings release?

The next earnings release for UNP is on January 27, 2026

UNP Gross Margin History & Chart Since 1980

Annual Gross Margin

45.37%1.87%+4.30%

December 31, 2024

Summary

Current Value: As of today, UNP annual gross margin is 45.37%, up +4.30% on December 31, 2024
Historical Performance: UNP annual gross margin is down -5.91% over the past 3 years, and up +2.44% over the past 5 years
All-Time High Comparison: UNP annual gross margin is currently -40.77% below its historical high of 76.60% set on December 31, 1991
3-Year Low Comparison: UNP annual gross margin is +4.30% above its 3-year low of 43.50% reached on December 31, 2023
Sector Comparison: UNP annual gross margin is higher than 86.26% of companies in Industrials sector

Gross Margin Chart

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Performance

UNP Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 24	45.37%	+4.3%	-5.9%	+2.4%	+57.3%
Quarterly Gross Margin	Sep 30, 25	46.36%	+2.2%	+3.1%	-2.1%	+29.4%
Price	Jan 16, 26	$229.49	-2.3%	+7.6%	+6.0%	+365.2%
PE Ratio	Jan 16, 26	19.48	-8.0%	+2.5%	-29.2%	+9.2%
Annual Revenue	Dec 31, 24	$24.25B	+0.5%	+11.2%	+11.7%	+71.5%
Annual Gross Profit	Dec 31, 24	$11.00B	+4.9%	+4.6%	+14.4%	+169.7%
Annual Operating Margin	Dec 31, 24	39.90%	+6.4%	-6.8%	+1.3%	+66.4%
Annual Net Margin	Dec 31, 24	27.82%	+5.2%	-7.0%	+2.0%	+107.3%

Gross Margin Highs

UNP Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	45.37%	Dec 31, 24	at high
5Y	48.22%	Dec 31, 21	-5.9%
All	76.60%	Dec 31, 91	-40.8%

Gross Margin Lows

UNP Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	43.50%	Dec 31, 23	+4.3%
5Y	43.50%	Dec 31, 23	+4.3%
All	0.00%	Dec 1, 80	N/A

Gross Margin History

Year	Value	Change
2024	45.37%	+4.3%
2023	43.50%	-3.0%
2022	44.86%	-7.0%
2021	48.22%	+2.6%
2020	46.99%	+6.1%
2019	44.29%	+6.0%
2018	41.78%	-2.0%
2017	42.63%	+3.2%
2016	41.32%	+0.4%
2015	41.15%	+2.0%
2014	40.34%	+6.8%
2013	37.77%	+4.9%
2012	36.00%	+8.2%
2011	33.27%	-1.0%
2010	33.60%	+16.5%
2009	28.84%	+5.4%
2008	27.35%	+20.5%
2007	22.70%	+7.3%
2006	21.15%	+30.2%
2005	16.25%	-72.0%
2004	57.99%	+38.5%
2003	41.88%	+2.1%
2002	41.00%	+5.1%

Year	Value	Change
2001	39.00%	+44.6%
2000	26.97%	>+9,900.0%
1999	0.00%	0.0%
1998	0.00%	0.0%
1997	0.00%	-100.0%
1996	75.92%	-0.3%
1995	76.12%	+2.9%
1994	73.98%	-1.9%
1993	75.43%	-0.1%
1992	75.54%	-1.4%
1991	76.60%	>+9,900.0%
1990	0.00%	0.0%
1989	0.00%	0.0%
1988	0.00%	0.0%
1987	0.00%	0.0%
1986	0.00%	0.0%
1985	0.00%	0.0%
1984	0.00%	0.0%
1983	0.00%	0.0%
1982	0.00%	0.0%
1981	0.00%	0.0%
1980	0.00%	-

FAQ

What is the current annual gross margin of UNP?
As of today, UNP annual gross margin is 45.37%
What is 1-year change in UNP annual gross margin?
UNP annual gross margin is up +4.30% year-over-year
What is 3-year change in UNP annual gross margin?
UNP annual gross margin is down -5.91% over the past 3 years
How far is UNP annual gross margin from its all-time high?
UNP annual gross margin is currently -40.77% below its historical high of 76.60% set on December 31, 1991
How does UNP annual gross margin rank versus sector peers?
UNP annual gross margin is higher than 86.26% of companies in Industrials sector
When is UNP next annual earnings release?
The next annual earnings release for UNP is on January 27, 2026

Quarterly Gross Margin

46.36%0.26%+0.56%

September 30, 2025

Summary

Current Value: As of today, UNP quarterly gross margin is 46.36%, up +0.56% on September 30, 2025
Historical Performance: UNP quarterly gross margin is up +2.20% year-over-year, and up +3.11% over the past 3 years
All-Time High Comparison: UNP quarterly gross margin is currently -80.99% below its historical high of 243.88% set on December 31, 1994
3-Year Low Comparison: UNP quarterly gross margin is +8.32% above its 3-year low of 42.80% reached on June 30, 2023
Sector Comparison: UNP quarterly gross margin is higher than 87.76% of companies in Industrials sector

Performance

UNP Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 25	46.36%	+0.6%	+2.2%	+3.1%	-2.1%
Annual Gross Margin	Dec 31, 24	45.37%	–	+4.3%	-5.9%	+2.4%
Price	Jan 16, 26	$229.49	+2.4%	-2.3%	+7.6%	+6.0%
PE Ratio	Jan 16, 26	19.48	+2.4%	-8.0%	+2.5%	-29.2%
Quarterly Revenue	Sep 30, 25	$6.24B	+1.5%	+2.5%	-4.9%	+26.9%
Quarterly Gross Profit	Sep 30, 25	$2.90B	+2.0%	+4.8%	-1.9%	+24.3%
Quarterly Operating Margin	Sep 30, 25	40.73%	-0.5%	+3.0%	+1.6%	-1.4%
Quarterly Net Margin	Sep 30, 25	28.64%	-6.0%	+4.4%	-0.8%	+3.4%

Quarterly Gross Margin Highs

UNP Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	46.36%	Sep 30, 25	at high
3Y	46.36%	Sep 30, 25	at high
5Y	50.09%	Jun 30, 21	-7.5%
All	243.88%	Dec 31, 94	-81.0%

Quarterly Gross Margin Lows

UNP Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	45.21%	Mar 31, 25	+2.5%
3Y	42.80%	Jun 30, 23	+8.3%
5Y	42.80%	Jun 30, 23	+8.3%
All	10.18%	Sep 30, 03	+355.4%

Quarterly Gross Margin History

Month	Value	Change
Sep 2025	46.36%	+0.6%
Jun 2025	46.10%	+2.0%
Mar 2025	45.21%	-0.8%
Dec 2024	45.58%	+0.5%
Sep 2024	45.36%	-0.1%
Jun 2024	45.41%	+0.6%
Mar 2024	45.12%	+0.6%
Dec 2023	44.84%	+4.6%
Sep 2023	42.85%	+0.1%
Jun 2023	42.80%	-1.5%
Mar 2023	43.46%	-0.4%
Dec 2022	43.64%	-2.9%
Sep 2022	44.96%	-0.3%
Jun 2022	45.08%	-2.7%
Mar 2022	46.31%	-3.2%
Dec 2021	47.83%	-1.5%
Sep 2021	48.54%	-3.1%
Jun 2021	50.09%	+8.3%
Mar 2021	46.25%	-5.6%
Dec 2020	49.00%	+3.4%
Sep 2020	47.37%	+6.4%
Jun 2020	44.51%	-4.6%
Mar 2020	46.68%	+4.4%
Dec 2019	44.72%	-1.8%
Sep 2019	45.52%	+1.6%
Jun 2019	44.80%	+6.5%
Mar 2019	42.07%	-0.4%
Dec 2018	42.23%	-2.1%
Sep 2018	43.12%	+4.2%
Jun 2018	41.38%	+2.8%
Mar 2018	40.27%	-11.0%
Dec 2017	45.27%	+6.3%
Sep 2017	42.59%	+0.9%
Jun 2017	42.23%	+5.6%
Mar 2017	40.00%	-4.7%
Dec 2016	41.97%	-2.7%
Sep 2016	43.12%	+8.0%
Jun 2016	39.92%	-0.4%
Mar 2016	40.09%	-3.0%
Dec 2015	41.34%	-4.7%
Sep 2015	43.38%	+8.3%
Jun 2015	40.04%	+0.5%
Mar 2015	39.83%	-5.8%
Dec 2014	42.27%	+1.6%
Sep 2014	41.60%	+3.2%
Jun 2014	40.30%	+9.2%
Mar 2014	36.89%	-3.9%
Dec 2013	38.38%	-1.3%
Sep 2013	38.88%	+1.4%
Jun 2013	38.34%	+8.5%
Mar 2013	35.35%	-2.7%
Dec 2012	36.32%	-2.3%
Sep 2012	37.17%	+1.4%
Jun 2012	36.66%	+8.6%
Mar 2012	33.76%	-4.6%
Dec 2011	35.40%	+1.2%
Sep 2011	34.99%	+7.0%
Jun 2011	32.69%	+10.8%
Mar 2011	29.51%	-12.4%
Dec 2010	33.70%	-5.9%
Sep 2010	35.82%	+6.9%
Jun 2010	33.50%	+7.6%
Mar 2010	31.12%	+3.3%
Dec 2009	30.13%	-3.5%
Sep 2009	31.22%	-14.6%
Jun 2009	36.57%	+2.9%
Mar 2009	35.55%	+15.3%
Dec 2008	30.84%	+4.3%
Sep 2008	29.57%	+19.5%
Jun 2008	24.74%	+2.6%
Mar 2008	24.12%	+5.3%
Dec 2007	22.90%	-9.6%
Sep 2007	25.34%	+15.9%

Month	Value	Change
Jun 2007	21.87%	+6.8%
Mar 2007	20.47%	-11.5%
Dec 2006	23.14%	+10.4%
Sep 2006	20.96%	-0.6%
Jun 2006	21.08%	+9.4%
Mar 2006	19.27%	+9.7%
Dec 2005	17.56%	+3.0%
Sep 2005	17.05%	-0.4%
Jun 2005	17.11%	+32.2%
Mar 2005	12.94%	-73.8%
Dec 2004	49.30%	-17.1%
Sep 2004	59.46%	+2.3%
Jun 2004	58.11%	+11.5%
Mar 2004	52.13%	+23.6%
Dec 2003	42.16%	+314.1%
Sep 2003	10.18%	-75.7%
Jun 2003	41.89%	+14.5%
Mar 2003	36.59%	-44.5%
Dec 2002	65.91%	+56.9%
Sep 2002	42.01%	-36.7%
Jun 2002	66.33%	+0.7%
Mar 2002	65.86%	-8.0%
Dec 2001	71.59%	+11.0%
Sep 2001	64.47%	+2.2%
Jun 2001	63.08%	+58.3%
Mar 2001	39.86%	+71.1%
Dec 2000	23.29%	-19.0%
Sep 2000	28.76%	-1.4%
Jun 2000	29.17%	+10.1%
Mar 2000	26.50%	-59.5%
Dec 1999	65.36%	-1.5%
Sep 1999	66.37%	+0.5%
Jun 1999	66.07%	+0.2%
Mar 1999	65.91%	-2.9%
Dec 1998	67.85%	+8.9%
Sep 1998	62.31%	+3.3%
Jun 1998	60.33%	-2.2%
Mar 1998	61.68%	-41.9%
Dec 1997	106.10%	+76.3%
Sep 1997	60.19%	-1.0%
Jun 1997	60.79%	+30.7%
Mar 1997	46.51%	-61.4%
Dec 1996	120.57%	+119.4%
Sep 1996	54.96%	+1.2%
Jun 1996	54.32%	+8.7%
Mar 1996	49.95%	-58.8%
Dec 1995	121.33%	+122.4%
Sep 1995	54.56%	-2.4%
Jun 1995	55.92%	-1.8%
Mar 1995	56.93%	-76.7%
Dec 1994	243.88%	+313.1%
Sep 1994	59.04%	+3.8%
Jun 1994	56.86%	+1.0%
Mar 1994	56.28%	-74.9%
Dec 1993	224.64%	+243.5%
Sep 1993	65.39%	-2.4%
Jun 1993	66.99%	+1.7%
Mar 1993	65.85%	-4.1%
Dec 1992	68.63%	+0.5%
Sep 1992	68.29%	-1.4%
Jun 1992	69.25%	+2.9%
Mar 1992	67.28%	+1.2%
Dec 1991	66.46%	-1.9%
Sep 1991	67.76%	+0.7%
Jun 1991	67.28%	+1.0%
Mar 1991	66.61%	-8.7%
Dec 1990	72.95%	+14.4%
Sep 1990	63.79%	-2.7%
Jun 1990	65.53%	-1.0%
Mar 1990	66.16%	+0.9%
Dec 1989	65.59%	-5.0%
Sep 1989	69.01%	+3.2%
Jun 1989	66.89%	-

FAQ

What is the current quarterly gross margin of UNP?
As of today, UNP quarterly gross margin is 46.36%
What is UNP quarterly gross margin most recent change?
UNP quarterly gross margin was up +0.56% on September 30, 2025
What is 1-year change in UNP quarterly gross margin?
UNP quarterly gross margin is up +2.20% year-over-year
How far is UNP quarterly gross margin from its all-time high?
UNP quarterly gross margin is currently -80.99% below its historical high of 243.88% set on December 31, 1994
How does UNP quarterly gross margin rank versus sector peers?
UNP quarterly gross margin is higher than 87.76% of companies in Industrials sector
When is UNP next earnings release?
The next earnings release for UNP is on January 27, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

UNP Official Website www.up.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/100885/000010088525000321/0000100885-25-000321-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/100885/000010088525000042/0000100885-25-000042-index.htm
UNP Profile on Yahoo Finance finance.yahoo.com/quote/UNP
UNP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/unp