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Csx vs Union Pacific: revenue, profit, margins and growth compared

Csx brought in $14.1B of revenue in fiscal 2025, Union Pacific $24.5B in fiscal 2025. Revenue changed by -3.1% at Csx and +1.1% at Union Pacific on the year before, so Union Pacific grew faster. Csx kept 20.5% of its revenue as net profit, Union Pacific 29.1%. Free cash flow was $1.7B at Csx and $5.5B at Union Pacific.

Side by side, latest fiscal year

CSXUNP
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$14.1B$24.5B
Revenue growth-3.1%+1.1%
Net income$2.9B$7.1B
Net margin20.5%29.1%
Free cash flow$1.7B$5.5B
Free cash flow margin12.1%22.4%
Earnings per share (diluted)$1.54$11.98
Cash$670M$1.3B
Debt$18.9B$31.8B
Price to earnings30.422.9
Market value$86.7B$162.7B
Dividend yield1.11%1.99%
Rank by revenue in sector#46 of 451 · Industrials#28 of 451 · Industrials

Over the years

Revenue
CSX FY2018: $12.3BCSX FY2019: $11.9BCSX FY2020: $10.6BCSX FY2021: $12.5BCSX FY2022: $14.9BCSX FY2023: $14.7BCSX FY2024: $14.5BCSX FY2025: $14.1BUNP FY2018: $22.8BUNP FY2019: $21.7BUNP FY2020: $19.5BUNP FY2021: $21.8BUNP FY2022: $24.9BUNP FY2023: $24.1BUNP FY2024: $24.3BUNP FY2025: $24.5BFY18FY19FY20FY21FY22FY23FY24FY25
CSX $14.1BUNP $24.5B
Net income
CSX FY2018: $3.3BCSX FY2019: $3.3BCSX FY2020: $2.8BCSX FY2021: $3.8BCSX FY2022: $4.1BCSX FY2023: $3.7BCSX FY2024: $3.5BCSX FY2025: $2.9BUNP FY2018: $6BUNP FY2019: $5.9BUNP FY2020: $5.3BUNP FY2021: $6.5BUNP FY2022: $7BUNP FY2023: $6.4BUNP FY2024: $6.7BUNP FY2025: $7.1BFY18FY19FY20FY21FY22FY23FY24FY25
CSX $2.9BUNP $7.1B
Net margin
CSX FY2018: 27.0%CSX FY2019: 27.9%CSX FY2020: 26.1%CSX FY2021: 30.2%CSX FY2022: 27.7%CSX FY2023: 25.0%CSX FY2024: 23.9%CSX FY2025: 20.5%UNP FY2018: 26.1%UNP FY2019: 27.3%UNP FY2020: 27.4%UNP FY2021: 29.9%UNP FY2022: 28.1%UNP FY2023: 26.4%UNP FY2024: 27.8%UNP FY2025: 29.1%FY18FY19FY20FY21FY22FY23FY24FY25
CSX 20.5%UNP 29.1%
Revenue growth
CSX FY2019: -2.6%CSX FY2020: -11.3%CSX FY2021: +18.3%CSX FY2022: +18.6%CSX FY2023: -1.3%CSX FY2024: -0.8%CSX FY2025: -3.1%UNP FY2019: -4.9%UNP FY2020: -10.0%UNP FY2021: +11.6%UNP FY2022: +14.1%UNP FY2023: -3.0%UNP FY2024: +0.5%UNP FY2025: +1.1%FY19FY20FY21FY22FY23FY24FY25
CSX -3.1%UNP +1.1%
Free cash flow
CSX FY2018: $2.9BCSX FY2019: $3.2BCSX FY2020: $2.6BCSX FY2021: $3.3BCSX FY2022: $3.4BCSX FY2023: $3.3BCSX FY2024: $2.7BCSX FY2025: $1.7BUNP FY2018: $5.2BUNP FY2019: $5.2BUNP FY2020: $5.6BUNP FY2021: $6.1BUNP FY2022: $5.7BUNP FY2023: $4.8BUNP FY2024: $5.9BUNP FY2025: $5.5BFY18FY19FY20FY21FY22FY23FY24FY25
CSX $1.7BUNP $5.5B

Fiscal years as each company reports them; the two may end in different months.

Questions about Csx and Union Pacific

Which is bigger by revenue, Csx or Union Pacific?

Union Pacific is bigger by revenue: $24.5B in fiscal 2025, against $14.1B for Csx in fiscal 2025.

Which keeps more of its revenue as profit, Csx or Union Pacific?

Csx had a net margin of 20.5% in fiscal 2025; Union Pacific had 29.1% in fiscal 2025.

Which grew revenue faster, Csx or Union Pacific?

In their latest fiscal years revenue changed by -3.1% at Csx and +1.1% at Union Pacific.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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