TTM
$9.90B
YoY change
+1.3%
5Y CAGR
+4.7%
Peak year (2022)
$9.92B
Cumulative operating income
$170.08B
Operating Income history chart for Union Pacific (UNP) from 1985 to 2025
Latest: $9.84B
Operating Income growth chart for Union Pacific (UNP) from 1985 to 2025
Latest: +1.3%
Operating Income history table for Union Pacific (UNP) from 1985 to 2025
| 2025 | $9.84B | +1.3% | +$126.00M | ||
| 2024 | $9.71B | +6.9% | +$631.00M | ||
| 2023 | $9.08B | -8.4% | −$835.00M | ||
| 2022 | $9.92B | +6.2% | +$579.00M | ||
| 2021 | $9.34B | +19.2% | +$1.50B | ||
| 2020 | $7.83B | -8.4% | −$720.00M | ||
| 2019 | $8.55B | +0.4% | +$37.00M | ||
| 2018 | $8.52B | +5.7% | +$456.00M | ||
| 2017 | $8.06B | +10.8% | +$789.00M | ||
| 2016 | $7.27B | -9.7% | −$780.00M | ||
| 2015 | $8.05B | -8.0% | −$701.00M | ||
| 2014 | $8.75B | +17.6% | +$1.31B | ||
| 2013 | $7.45B | +10.4% | +$701.00M | ||
| 2012 | $6.75B | +17.8% | +$1.02B | ||
| 2011 | $5.72B | +14.9% | +$743.00M | ||
| 2010 | $4.98B | +47.4% | +$1.60B | ||
| 2009 | $3.38B | -17.1% | −$696.00M | ||
| 2008 | $4.08B | +20.7% | +$700.00M | ||
| 2007 | $3.38B | +17.0% | +$491.00M | ||
| 2006 | $2.88B | +60.7% | +$1.09B | ||
| 2005 | $1.79B | +38.6% | +$500.00M | ||
| 2004 | $1.29B | -39.3% | −$838.00M | ||
| 2003 | $2.13B | -8.2% | −$191.00M | ||
| 2002 | $2.32B | +12.2% | +$252.00M | ||
| 2001 | $2.07B | +8.9% | +$169.00M | ||
| 2000 | $1.90B | +5.5% | +$99.00M | ||
| 1999 | $1.80B | -1155.0% | +$1.98B | ||
| 1998 | −$171.00M | -113.6% | −$1.42B | ||
| 1997 | $1.25B | -18.3% | −$280.00M | ||
| 1996 | $1.53B | +14.3% | +$192.00M | ||
| 1995 | $1.34B | +33.2% | +$334.00M | ||
| 1994 | $1.01B | +2.8% | +$27.00M | ||
| 1993 | $980.00M | -11.0% | −$121.00M | ||
| 1992 | $1.10B | +883.0% | +$989.00M | ||
| 1991 | $112.00M | -88.2% | −$840.00M | ||
| 1990 | $952.00M | +6.6% | +$59.00M | ||
| 1989 | $893.00M | -6.7% | −$64.00M | ||
| 1988 | $957.00M | +5.2% | +$47.00M | ||
| 1987 | $910.00M | -206.9% | +$1.76B | ||
| 1986 | −$851.00M | -213.6% | −$1.60B | ||
| 1985 | $749.00M | — | — |
- 2025$9.84B+1.3%
- 2024$9.71B+6.9%
- 2023$9.08B-8.4%
- 2022$9.92B+6.2%
- 2021$9.34B+19.2%
- 2020$7.83B-8.4%
- 2019$8.55B+0.4%
- 2018$8.52B+5.7%
- 2017$8.06B+10.8%
- 2016$7.27B-9.7%
- 2015$8.05B-8.0%
- 2014$8.75B+17.6%
- 2013$7.45B+10.4%
- 2012$6.75B+17.8%
- 2011$5.72B+14.9%
- 2010$4.98B+47.4%
- 2009$3.38B-17.1%
- 2008$4.08B+20.7%
- 2007$3.38B+17.0%
- 2006$2.88B+60.7%
- 2005$1.79B+38.6%
- 2004$1.29B-39.3%
- 2003$2.13B-8.2%
- 2002$2.32B+12.2%
- 2001$2.07B+8.9%
- 2000$1.90B+5.5%
- 1999$1.80B-1155.0%
- 1998−$171.00M-113.6%
- 1997$1.25B-18.3%
- 1996$1.53B+14.3%
- 1995$1.34B+33.2%
- 1994$1.01B+2.8%
- 1993$980.00M-11.0%
- 1992$1.10B+883.0%
- 1991$112.00M-88.2%
- 1990$952.00M+6.6%
- 1989$893.00M-6.7%
- 1988$957.00M+5.2%
- 1987$910.00M-206.9%
- 1986−$851.00M-213.6%
- 1985$749.00M—
Operating Income values are taken from Union Pacific's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Union Pacific (UNP)
According to Union Pacific's latest reported financial statements, the company's current operating income (TTM) is $9.90B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Union Pacific (UNP) most recent annual operating income stands at $9.84B (2025) – edged up 1.3% year-over-year.
Over 2020–2025 (5 years), Union Pacific operating income expanded at a +4.7% compound annual rate, sustaining 2 straight years of year-over-year growth.
$9.92B stands as the all-time-high annual operating income, posted in 2022, against a low of −$851.00M during 1986.
Union Pacific Operating Income by Year
Union Pacific Operating Income 2025: $9.84B
Union Pacific posted operating income of $9.84B in 2025, edged up 1.3% from 2024.
Union Pacific Operating Income 2024: $9.71B
In 2024, Union Pacific reported operating income of $9.71B, grew 6.9% from 2023.
Union Pacific Operating Income 2023: $9.08B
Union Pacific operating income in 2023 was $9.08B, declined 8.4% below 2022.
Union Pacific Operating Income 2022: $9.92B
2022's operating income for Union Pacific came in at $9.92B, grew 6.2% from 2021. This figure represents the highest annual value in the available history.
Union Pacific Operating Income 2021: $9.34B
Union Pacific operating income in 2021 was $9.34B.
See more financial history for Union Pacific (UNP).
Sector peers by Operating Income
Industrials peers of Union Pacific (UNP), ranked by their latest operating income
| $11.21B | |
| $9.30B | |
| $8.77B | |
| $8.42B | |
| $6.57B | |
| $5.23B | |
| −$2.59B | |
| −$5.42B |
- $11.21B
- $9.30B
- $8.77B
- $8.42B
- $5.23B
- −$2.59B
- −$5.42B
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