Union Pacific (UNP) Revenue — Quarter Ended Dec 31, 2023
Revenue for the reporting quarter increased compared to the immediately preceding quarter. However, it declined slightly when measured against the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the reporting quarter increased compared to the immediately preceding quarter. However, it declined slightly when measured against the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.2B
Revenue reported for this quarter.
Quarter-over-quarter
+3.7%
Change from the immediately preceding quarter.
Year-over-year
-0.3%
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 |
|---|---|---|
| Mar 31, 2023 | $6.1B | +3.3% |
| Jun 30, 2023 | $6B | -4.9% |
| Sep 30, 2023 | $5.9B | -9.5% |
| Dec 31, 2023 | $6.2B | -0.3% |
Revenue performance
The reported revenue direction was upward from the prior quarter, reversing a pattern of sequential declines seen earlier in the year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved. Relative to the same quarter one year earlier, revenue was marginally lower.
What to watch
The year-over-year revenue comparison remained negative, continuing a trend of annual declines observed in recent quarters.