Union Pacific Reports Stable Q1 2025 Results
Union Pacific’s first quarter of 2025 was steady, with revenue and net income matching last year’s levels. The company earned $1.6 billion, or $2.70 per share, similar to the previous year.
Revenue stayed flat at $6 billion despite a 7% rise in freight volumes, offset by changes in freight mix and lower fuel surcharges. Excluding fuel, freight revenue rose 4%, maintaining an operating ratio of 60.7%, unchanged from last year.
Operational costs remained stable thanks to efficiency gains and lower fuel expenses. Looking ahead, Union Pacific projects continued growth in earnings per share, despite ongoing economic uncertainties, and plans to keep capital spending at $3.4 billion with share repurchases between $4 billion and $4.5 billion.
