Union Historical Income Statement

UNP Stock  USD 245.23  0.40  0.16%   
Historical analysis of Union Pacific income statement accounts such as Depreciation And Amortization of 1.2 B, Interest Expense of 1.4 B, Total Revenue of 15.7 B or Gross Profit of 8.7 B can show how well Union Pacific performed in making a profits. Evaluating Union Pacific income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Union Pacific's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Union Pacific latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Union Pacific is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Union Stock, please use our How to Invest in Union Pacific guide.

About Union Income Statement Analysis

Union Pacific Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Union Pacific shareholders. The income statement also shows Union investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Union Pacific Income Statement Chart

At this time, Union Pacific's Interest Expense is relatively stable compared to the past year. As of 11/28/2024, Operating Income is likely to grow to about 9.5 B, while Gross Profit is likely to drop slightly above 8.7 B.

Total Revenue

Total revenue comprises all receipts Union Pacific generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Union Pacific minus its cost of goods sold. It is profit before Union Pacific operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Union Pacific. It is also known as Union Pacific overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Union Pacific operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Union Pacific is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Union Pacific's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Union Pacific current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Union Stock, please use our How to Invest in Union Pacific guide.At this time, Union Pacific's Interest Expense is relatively stable compared to the past year. As of 11/28/2024, Operating Income is likely to grow to about 9.5 B, while Gross Profit is likely to drop slightly above 8.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.5B11.2B10.5B8.7B
Total Revenue21.8B24.9B24.1B15.7B

Union Pacific income statement Correlations

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0.570.460.570.310.810.60.60.26-0.230.77-0.850.620.050.48-0.540.430.540.76-0.230.01-0.910.84
0.880.460.720.960.810.950.950.9-0.280.83-0.130.560.330.90.180.940.510.04-0.10.06-0.150.03
0.640.570.720.70.670.680.680.340.350.66-0.320.460.220.55-0.030.740.380.19-0.080.14-0.340.23
0.740.310.960.70.690.820.810.85-0.140.720.040.430.380.860.160.90.37-0.090.0-0.010.0-0.06
0.750.810.810.670.690.860.850.67-0.421.0-0.480.750.190.82-0.290.730.650.45-0.24-0.02-0.550.51
0.940.60.950.680.820.861.00.86-0.410.87-0.310.670.230.850.160.880.630.21-0.210.14-0.330.15
0.960.60.950.680.810.851.00.85-0.40.85-0.320.660.220.850.180.890.630.19-0.220.12-0.320.14
0.790.260.90.340.850.670.860.85-0.610.70.030.470.310.860.270.80.45-0.07-0.09-0.010.01-0.11
-0.34-0.23-0.280.35-0.14-0.42-0.41-0.4-0.61-0.440.13-0.38-0.02-0.430.05-0.15-0.39-0.20.20.10.16-0.15
0.750.770.830.660.721.00.870.850.7-0.44-0.420.760.190.84-0.260.740.660.42-0.24-0.03-0.50.46
-0.31-0.85-0.13-0.320.04-0.48-0.31-0.320.030.13-0.42-0.29-0.09-0.040.47-0.08-0.24-0.760.01-0.250.95-0.82
0.610.620.560.460.430.750.670.660.47-0.380.76-0.29-0.490.63-0.210.510.980.48-0.81-0.2-0.40.36
0.170.050.330.220.380.190.230.220.31-0.020.19-0.09-0.490.220.090.29-0.58-0.230.890.3-0.01-0.03
0.810.480.90.550.860.820.850.850.86-0.430.84-0.040.630.22-0.040.880.560.11-0.23-0.26-0.120.12
0.25-0.540.18-0.030.16-0.290.160.180.270.05-0.260.47-0.210.09-0.040.21-0.1-0.720.070.380.62-0.85
0.890.430.940.740.90.730.880.890.8-0.150.74-0.080.510.290.880.210.45-0.05-0.130.01-0.07-0.05
0.590.540.510.380.370.650.630.630.45-0.390.66-0.240.98-0.580.56-0.10.450.45-0.86-0.18-0.340.27
0.120.760.040.19-0.090.450.210.19-0.07-0.20.42-0.760.48-0.230.11-0.72-0.050.45-0.3-0.02-0.860.84
-0.25-0.23-0.1-0.080.0-0.24-0.21-0.22-0.090.2-0.240.01-0.810.89-0.230.07-0.13-0.86-0.30.320.1-0.09
0.020.010.060.14-0.01-0.020.140.12-0.010.1-0.03-0.25-0.20.3-0.260.380.01-0.18-0.020.32-0.16-0.14
-0.27-0.91-0.15-0.340.0-0.55-0.33-0.320.010.16-0.50.95-0.4-0.01-0.120.62-0.07-0.34-0.860.1-0.16-0.92
0.090.840.030.23-0.060.510.150.14-0.11-0.150.46-0.820.36-0.030.12-0.85-0.050.270.84-0.09-0.14-0.92
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Union Pacific Account Relationship Matchups

Union Pacific income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.5B2.2B2.2B2.3B2.4B1.2B
Interest Expense1.1B1.1B1.2B1.3B1.3B1.4B
Total Revenue21.7B19.5B21.8B24.9B24.1B15.7B
Gross Profit9.6B9.2B10.5B11.2B10.5B8.7B
Other Operating Expenses13.2B11.7B12.5B15.0B15.0B10.8B
Operating Income8.6B7.8B9.3B9.9B9.1B9.5B
Ebit8.6B8.1B9.6B10.3B9.6B5.2B
Ebitda11.0B10.3B11.8B12.6B11.9B6.4B
Cost Of Revenue12.1B10.4B11.3B13.7B13.6B7.0B
Total Operating Expenses1.1B1.3B1.2B1.3B1.4B1.4B
Income Before Tax7.7B7.0B8.5B9.1B8.2B8.6B
Total Other Income Expense Net(807M)(854M)(860M)(845M)(849M)(891.5M)
Net Income5.9B5.3B6.5B7.0B6.4B6.7B
Income Tax Expense1.8B1.6B2.0B2.1B1.9B1.0B
Selling General Administrative5.6B5.3B5.0B5.5B6.4B5.1B
Net Income Applicable To Common Shares5.9B5.3B6.5B7.0B8.0B8.5B
Net Income From Continuing Ops5.9B5.3B6.5B7.0B6.4B5.7B
Non Operating Income Net Other243M287M297M426M489.9M514.4M
Tax Provision1.8B1.6B2.0B2.1B1.9B1.6B
Interest Income63M1.1B1.2B1.3B52M49.4M
Net Interest Income(987M)(1.1B)(1.2B)(1.3B)(1.3B)(1.4B)
Reconciled Depreciation2.2B2.2B2.2B2.2B2.3B2.4B

Pair Trading with Union Pacific

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Union Pacific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Union Pacific will appreciate offsetting losses from the drop in the long position's value.

Moving together with Union Stock

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Moving against Union Stock

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The ability to find closely correlated positions to Union Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Union Pacific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Union Pacific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Union Pacific to buy it.
The correlation of Union Pacific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Union Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Union Pacific moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Union Pacific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Union Stock Analysis

When running Union Pacific's price analysis, check to measure Union Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Union Pacific is operating at the current time. Most of Union Pacific's value examination focuses on studying past and present price action to predict the probability of Union Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Union Pacific's price. Additionally, you may evaluate how the addition of Union Pacific to your portfolios can decrease your overall portfolio volatility.