November 1, 2025 - ProgressiveRailroading.com -
Union Pacific Corp. reported encouraging third-quarter financial results that include higher revenue, income and earnings.
Operating revenue ticked up 3% to $6.2 billion, freight revenue (excluding fuel) increased 4% to $5.3 billion, operating income rose 6% to $2.5 billion, net income climbed 7% to $1.8 billion, diluted earnings per share (EPS) shot up 9% to $3.01 and the operating ratio improved 1.1 points to 59.2 compared with third-quarter 2024 results. Operating expenses rose only 1% to $3.7 billion.
By commodity sector, bulk revenue and volume both increased by 7% to $1.9 billion and 530,000 units, respectively; industrial revenue and volume both increased 3% to $2.2 billion and 574,000 units, respectively; and premium revenue rose 2% to $1.8 billion and volume climbed 5% to 1.05 million units.