Union Pacific (UNP) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The rise was driven by higher freight revenues, which outweighed a decrease in other revenues.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The rise was driven by higher freight revenues, which outweighed a decrease in other revenues.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.1B
Revenue reported for this quarter.
Quarter-over-quarter
+1.4%
Change from the immediately preceding quarter.
Year-over-year
+2.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.3B
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, 2023 | $6.2B | -0.3% |
| Mar 31, 2024 | $6B | -0.4% |
| Jun 30, 2024 | $6B | +0.7% |
| Sep 30, 2024 | $6.1B | +2.5% |
Revenue performance
Freight revenues grew, while other revenues declined. Operating income also improved compared to the year-ago quarter.
Quarterly comparison
Sequentially, revenue rose from the immediately preceding quarter. Year-over-year, revenue was higher than the same period one year earlier.
What to watch
The sustainability of freight revenue growth will be important to monitor.