Union Pacific (UNP) Revenue — Quarter Ended Sep 30, 2023
Revenue for the reporting quarter was lower than both the prior quarter and the same quarter a year ago. The decline from the prior quarter was modest, while the year-over-year decrease was more pronounced.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the reporting quarter was lower than both the prior quarter and the same quarter a year ago. The decline from the prior quarter was modest, while the year-over-year decrease was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.9B
Revenue reported for this quarter.
Quarter-over-quarter
-0.4%
Change from the immediately preceding quarter.
Year-over-year
-9.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $6.2B | +7.8% |
| Mar 31, 2023 | $6.1B | +3.3% |
| Jun 30, 2023 | $6B | -4.9% |
| Sep 30, 2023 | $5.9B | -9.5% |
Revenue performance
The company reported a decrease in total operating revenues for the quarter.
Quarterly comparison
Sequentially, revenue moved slightly lower from the immediately preceding quarter. Compared to the same quarter one year earlier, revenue declined at a much steeper rate.
What to watch
The company noted that cash from operations was impacted by payments related to the settlement of labor union agreements, which could be a factor to watch in upcoming periods.