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World's largest railway companies by market value 2020

Union Pacific is one of the leading railroad companies in the world, with an estimated market value of 108.4 billion U.S. dollars as of May 2020.

The world’s leading railroads

With over 21.7 billion U.S. dollars in operating revenue, Union Pacific focuses on hauling freight like coal, industrial, chemical or agricultural products on the largest railway network in the world. Canadian National Railway came in second, valued at half of Union Pacific’s worth and is Canada’s largest railway but also hauls freight throughout the Midwestern and Southern parts of the U.S..

U.S. rail industry

The rail industry has an important role in the movement of freight all over the world. In the United States, the rail industry provided around 650,000 jobs, contributed to more than 74.2 billion U.S. dollars in GDP, as well as some 16.9 billion U.S. dollars in tax contribution. Nearly one third of U.S. exports are transported by rail, linking businesses together and contributing to the global competitiveness of U.S. goods.

World's largest railway companies as of May 2020, based on market value

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Release date

May 2020



Survey time period

as of May 2020

Supplementary notes

Only includes public companies.

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Statistics on "Canadian Pacific Railway"

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