Stock Analysis on Net
Stock Analysis on Net

Union Pacific Corp. (NYSE:UNP)

デュポンの分析: ROE、ROA、純利益率の内訳 
四半期データ

Microsoft Excel

ROE分解では、純利益を株主資本で割ったものを構成比率の積として表します。

ROEを2つのコンポーネントに分解

Union Pacific Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = ROA × 財務レバレッジ比率
2024/12/31 39.95% = 9.96% × 4.01
2024/09/30 40.02% = 9.82% × 4.07
2024/06/30 39.38% = 9.58% × 4.11
2024/03/31 40.79% = 9.50% × 4.29
2023/12/31 43.14% = 9.50% × 4.54
2023/09/30 45.45% = 9.57% × 4.75
2023/06/30 51.02% = 10.19% × 5.00
2023/03/31 56.19% = 10.61% × 5.30
2022/12/31 57.54% = 10.69% × 5.38
2022/09/30 60.21% = 10.82% × 5.56
2022/06/30 53.89% = 10.63% × 5.07
2022/03/31 57.26% = 10.64% × 5.38
2021/12/31 46.06% = 10.27% × 4.49
2021/09/30 44.49% = 9.93% × 4.48
2021/06/30 41.12% = 9.48% × 4.34
2021/03/31 32.09% = 8.44% × 3.80
2020/12/31 31.54% = 8.57% × 3.68
2020/09/30 — = — × 3.70
2020/06/30 — = — × 3.86
2020/03/31 — = — × 3.89

レポートに基づく: 10-K (報告日: 2024-12-31), 10-Q (報告日: 2024-09-30), 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31).

2024年第4 四半期の株主資本利益率(ROE)が低下した主な理由は、財務レバレッジ比率の低下です。

ROEを3つの要素に分解

Union Pacific Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 純利益率 × 資産回転率 × 財務レバレッジ比率
2024/12/31 39.95% = 27.82% × 0.36 × 4.01
2024/09/30 40.02% = 27.33% × 0.36 × 4.07
2024/06/30 39.38% = 26.90% × 0.36 × 4.11
2024/03/31 40.79% = 26.52% × 0.36 × 4.29
2023/12/31 43.14% = 26.45% × 0.36 × 4.54
2023/09/30 45.45% = 26.37% × 0.36 × 4.75
2023/06/30 51.02% = 27.18% × 0.38 × 5.00
2023/03/31 56.19% = 27.91% × 0.38 × 5.30
2022/12/31 57.54% = 28.13% × 0.38 × 5.38
2022/09/30 60.21% = 28.95% × 0.37 × 5.56
2022/06/30 53.89% = 29.23% × 0.36 × 5.07
2022/03/31 57.26% = 30.06% × 0.35 × 5.38
2021/12/31 46.06% = 29.92% × 0.34 × 4.49
2021/09/30 44.49% = 29.19% × 0.34 × 4.48
2021/06/30 41.12% = 28.60% × 0.33 × 4.34
2021/03/31 32.09% = 27.02% × 0.31 × 3.80
2020/12/31 31.54% = 27.38% × 0.31 × 3.68
2020/09/30 — = — × — × 3.70
2020/06/30 — = — × — × 3.86
2020/03/31 — = — × — × 3.89

レポートに基づく: 10-K (報告日: 2024-12-31), 10-Q (報告日: 2024-09-30), 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31).

2024年第4 四半期の株主資本利益率(ROE)が低下した主な理由は、財務レバレッジ比率の低下です。

ROEを5つの要素に分解

Union Pacific Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 税負担 × 利息負担 × EBITマージン × 資産回転率 × 財務レバレッジ比率
2024/12/31 39.95% = 0.77 × 0.87 × 41.50% × 0.36 × 4.01
2024/09/30 40.02% = 0.76 × 0.87 × 41.11% × 0.36 × 4.07
2024/06/30 39.38% = 0.77 × 0.87 × 40.45% × 0.36 × 4.11
2024/03/31 40.79% = 0.78 × 0.86 × 39.67% × 0.36 × 4.29
2023/12/31 43.14% = 0.77 × 0.86 × 39.69% × 0.36 × 4.54
2023/09/30 45.45% = 0.77 × 0.86 × 39.61% × 0.36 × 4.75
2023/06/30 51.02% = 0.77 × 0.87 × 40.52% × 0.38 × 5.00
2023/03/31 56.19% = 0.77 × 0.87 × 41.47% × 0.38 × 5.30
2022/12/31 57.54% = 0.77 × 0.88 × 41.58% × 0.38 × 5.38
2022/09/30 60.21% = 0.77 × 0.88 × 42.42% × 0.37 × 5.56
2022/06/30 53.89% = 0.77 × 0.88 × 43.00% × 0.36 × 5.07
2022/03/31 57.26% = 0.77 × 0.88 × 44.19% × 0.35 × 5.38
2021/12/31 46.06% = 0.77 × 0.88 × 44.19% × 0.34 × 4.49
2021/09/30 44.49% = 0.77 × 0.88 × 43.30% × 0.34 × 4.48
2021/06/30 41.12% = 0.77 × 0.87 × 42.70% × 0.33 × 4.34
2021/03/31 32.09% = 0.77 × 0.86 × 41.28% × 0.31 × 3.80
2020/12/31 31.54% = 0.77 × 0.86 × 41.58% × 0.31 × 3.68
2020/09/30 — = — × — × — × — × 3.70
2020/06/30 — = — × — × — × — × 3.86
2020/03/31 — = — × — × — × — × 3.89

レポートに基づく: 10-K (報告日: 2024-12-31), 10-Q (報告日: 2024-09-30), 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31).

2024年第4 四半期の株主資本利益率(ROE)が低下した主な理由は、財務レバレッジ比率の低下です。

ROAを2つのコンポーネントに分解

Union Pacific Corp.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 純利益率 × 資産回転率
2024/12/31 9.96% = 27.82% × 0.36
2024/09/30 9.82% = 27.33% × 0.36
2024/06/30 9.58% = 26.90% × 0.36
2024/03/31 9.50% = 26.52% × 0.36
2023/12/31 9.50% = 26.45% × 0.36
2023/09/30 9.57% = 26.37% × 0.36
2023/06/30 10.19% = 27.18% × 0.38
2023/03/31 10.61% = 27.91% × 0.38
2022/12/31 10.69% = 28.13% × 0.38
2022/09/30 10.82% = 28.95% × 0.37
2022/06/30 10.63% = 29.23% × 0.36
2022/03/31 10.64% = 30.06% × 0.35
2021/12/31 10.27% = 29.92% × 0.34
2021/09/30 9.93% = 29.19% × 0.34
2021/06/30 9.48% = 28.60% × 0.33
2021/03/31 8.44% = 27.02% × 0.31
2020/12/31 8.57% = 27.38% × 0.31
2020/09/30 — = — × —
2020/06/30 — = — × —
2020/03/31 — = — × —

レポートに基づく: 10-K (報告日: 2024-12-31), 10-Q (報告日: 2024-09-30), 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31).

2024年第4 四半期の総資産利益率(ROA)が上昇した主な理由は、純利益率で測定した収益性の向上です。

ROAを4つの要素に分解

Union Pacific Corp.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 税負担 × 利息負担 × EBITマージン × 資産回転率
2024/12/31 9.96% = 0.77 × 0.87 × 41.50% × 0.36
2024/09/30 9.82% = 0.76 × 0.87 × 41.11% × 0.36
2024/06/30 9.58% = 0.77 × 0.87 × 40.45% × 0.36
2024/03/31 9.50% = 0.78 × 0.86 × 39.67% × 0.36
2023/12/31 9.50% = 0.77 × 0.86 × 39.69% × 0.36
2023/09/30 9.57% = 0.77 × 0.86 × 39.61% × 0.36
2023/06/30 10.19% = 0.77 × 0.87 × 40.52% × 0.38
2023/03/31 10.61% = 0.77 × 0.87 × 41.47% × 0.38
2022/12/31 10.69% = 0.77 × 0.88 × 41.58% × 0.38
2022/09/30 10.82% = 0.77 × 0.88 × 42.42% × 0.37
2022/06/30 10.63% = 0.77 × 0.88 × 43.00% × 0.36
2022/03/31 10.64% = 0.77 × 0.88 × 44.19% × 0.35
2021/12/31 10.27% = 0.77 × 0.88 × 44.19% × 0.34
2021/09/30 9.93% = 0.77 × 0.88 × 43.30% × 0.34
2021/06/30 9.48% = 0.77 × 0.87 × 42.70% × 0.33
2021/03/31 8.44% = 0.77 × 0.86 × 41.28% × 0.31
2020/12/31 8.57% = 0.77 × 0.86 × 41.58% × 0.31
2020/09/30 — = — × — × — × —
2020/06/30 — = — × — × — × —
2020/03/31 — = — × — × — × —

レポートに基づく: 10-K (報告日: 2024-12-31), 10-Q (報告日: 2024-09-30), 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31).

2024年第4 四半期の総資産利益率(ROA)が上昇した主な理由は、EBITマージン率で測定した営業利益率の増加です。

当期純利益率の分解

Union Pacific Corp.、純利益率の分解(四半期データ)

Microsoft Excel
純利益率 = 税負担 × 利息負担 × EBITマージン
2024/12/31 27.82% = 0.77 × 0.87 × 41.50%
2024/09/30 27.33% = 0.76 × 0.87 × 41.11%
2024/06/30 26.90% = 0.77 × 0.87 × 40.45%
2024/03/31 26.52% = 0.78 × 0.86 × 39.67%
2023/12/31 26.45% = 0.77 × 0.86 × 39.69%
2023/09/30 26.37% = 0.77 × 0.86 × 39.61%
2023/06/30 27.18% = 0.77 × 0.87 × 40.52%
2023/03/31 27.91% = 0.77 × 0.87 × 41.47%
2022/12/31 28.13% = 0.77 × 0.88 × 41.58%
2022/09/30 28.95% = 0.77 × 0.88 × 42.42%
2022/06/30 29.23% = 0.77 × 0.88 × 43.00%
2022/03/31 30.06% = 0.77 × 0.88 × 44.19%
2021/12/31 29.92% = 0.77 × 0.88 × 44.19%
2021/09/30 29.19% = 0.77 × 0.88 × 43.30%
2021/06/30 28.60% = 0.77 × 0.87 × 42.70%
2021/03/31 27.02% = 0.77 × 0.86 × 41.28%
2020/12/31 27.38% = 0.77 × 0.86 × 41.58%
2020/09/30 — = — × — × —
2020/06/30 — = — × — × —
2020/03/31 — = — × — × —

レポートに基づく: 10-K (報告日: 2024-12-31), 10-Q (報告日: 2024-09-30), 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31).

2024年第4 四半期の純利益率が上昇した主な理由は、EBITマージン率で測定した営業利益率の増加です。