Union Pacific Reports Strong 2024 Financial Performance

Union Pacific Corporation ( (UNP) ) has released its Q4 earnings. Here is a breakdown of the information Union Pacific Corporation presented to its investors.

Union Pacific Corporation is a leading railroad company operating in 23 western U.S. states, providing safe, reliable, and efficient freight transportation services.

Union Pacific Corporation recently reported its financial results for the fourth quarter and full year of 2024, showcasing a solid performance with earnings per share growth and improved operational efficiency.

For the fourth quarter, the company achieved earnings per diluted share of $2.91, representing a 7% increase from the previous year. The operating ratio improved to 58.7%, a significant enhancement compared to last year, driven by increased volume and core pricing gains. Net income rose to $1.8 billion, up from $1.7 billion in the prior year, despite a slight decrease in total operating revenues. Furthermore, operating income reached $2.5 billion, marking a 5% year-over-year growth.

Throughout the full year, Union Pacific reported earnings per diluted share of $11.09, a 6% increase from 2023. The company saw a modest rise in operating revenue to $24.3 billion, supported by volume growth and pricing improvements. The operating ratio improved by 240 basis points to 59.9%, and the return on invested capital was a robust 15.8%. Union Pacific also made significant strides in workforce productivity and fuel efficiency, contributing to their overall operational excellence.

Looking ahead to 2025, Union Pacific aims to maintain its momentum with a focus on industry-leading safety, service, and operational excellence. The company plans to continue its capital investments and share repurchase programs, aligning with its long-term financial strategy and growth objectives.