联合太平洋Union Pacific Corporation（UNP）2025年第一季度业绩报告「NYSE」（英文版）（9页）.pdf

1、Union Pacific Reports First Quarter 2025 ResultsFirst quarter earnings per diluted share flat at$2.70,reflecting a 7%headwind from fuel and leap yearFirst quarter operating income flat at$2.4 billionFirst quarter revenue carloads up 7%First quarter freight revenue excluding fuel surcharge up 4%Omaha

2、,Neb.,April 24,2025 Union Pacific Corporation(NYSE:UNP)today reported 2025 first quarter net income of$1.6 billion,or$2.70 per diluted share.This compares to 2024 first quarter net income of$1.6 billion,or$2.69 per diluted share.“The team delivered a solid start to the year as we worked closely with

3、 our customers to meet their needs in an uncertain environment,”said Jim Vena,Union Pacific Chief Executive Officer.“Looking to the rest of 2025,we will continue to execute our strategy that emphasizes safety,service,and operational excellence.Building on a strong foundation with our record First Qu

4、arter operating performance,we are positioned to deliver.”First Quarter Summary:2025 vs.2024Financial Results:Volume Growth and Robust Core Pricing Gains Offset by Business Mix and Fuel Headwinds;First Quarter Records for Freight Revenue Operating revenue of$6.0 billion was flat on 7%volume growth a

5、nd solid core pricing gains offset by business mix,reduced fuel surcharge revenue,lower other revenue,and impact from leap year.Freight revenue grew 1%.Freight revenue excluding fuel surcharge grew 4%.Core pricing dollars net of inflation were accretive to operating ratio.Operating ratio was 60.7%,f

6、lat compared to 2024.Lower fuel prices and leap year unfavorably impacted the operating ratio 90 basis points.Operating expenses were flat as productivity improvements and lower fuel costs offset volume-related costs and inflation.Operating Performance:Continued Improvement in Service and Operationa