UNION PACIFIC CORP UNP

Industrials SIC 4011 - Railroads, Line-Haul Operating NAICS Transportation and Warehousing › Rail Transportation › Line-Haul Railroads derived NYSE

Last close 292.87 2026-10-23
Market cap $173.99B 2026-06-30 share count
52-week range 215.53 - 315.99

Valuation FY2025 figures against the last close

P/S7.1x
P/E24.4x
P/FCF31.6x
EV/EBITDA16.6x
Dividend yield1.9%
Diluted EPS11.98

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $24.51B$24.25B$24.12B$24.88B$21.80B$19.53B$21.71B$22.83B$21.24B$19.94B
Total operating expenses $14.66B$14.54B$15.04B$14.96B$12.47B$11.70B$13.15B$14.31B$13.13B$12.70B
Operating income $9.85B$9.71B$9.08B$9.92B$9.34B$7.83B$8.55B$8.52B$8.11B$7.24B
Interest expense $1.31B$1.27B$1.34B$1.27B$1.16B$1.14B$1.05B$870.0M$719.0M$698.0M
Pre-tax income $9.17B$8.79B$8.23B$9.07B$8.48B$6.98B$7.75B$7.74B$7.63B$6.77B
Income tax $2.03B$2.05B$1.85B$2.07B$1.96B$1.63B$1.83B$1.77B$3.08B$2.53B
Net income $7.14B$6.75B$6.38B$7.00B$6.52B$5.35B$5.92B$5.97B$10.71B$4.23B
EPS, basic 12.0011.1010.4711.249.987.908.417.9513.425.09
EPS, diluted 11.9811.0910.4511.219.957.888.387.9113.365.07
Shares, diluted (wtd. avg.) 595.9M608.6M610.2M624.0M655.4M679.1M706.1M754.3M801.7M835.4M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.27B$1.02B$1.05B$987.0M$983.0M$1.80B$831.0M$1.27B$1.27B$1.28B
Receivables $1.86B$1.89B$2.07B$1.89B$1.72B$1.50B$1.59B$1.75B$1.49B$1.26B
Total current assets $4.55B$4.02B$4.15B$3.95B$3.55B$4.21B$3.46B$4.16B$4.01B$3.60B
Property, plant and equipment ——$57.40B$56.04B$54.87B$54.16B$53.92B$52.68B$51.60B$50.39B
Total assets $69.70B$67.72B$67.13B$65.45B$63.52B$62.40B$61.67B$59.15B$57.81B$55.72B
Accounts payable $804.0M$847.0M$856.0M$784.0M$752.0M$612.0M$749.0M$872.0M$1.01B$955.0M
Total current liabilities $5.01B$5.25B$5.11B$5.52B$5.74B$4.17B$4.35B$4.63B$3.94B$3.64B
Long-term debt $31.81B$31.19B$32.58B$33.33B$29.73B$26.73B$25.20B$22.39B$16.94B$15.01B
Total liabilities $51.23B$50.83B$52.34B$53.29B$49.36B$45.44B$43.55B$38.72B$32.95B$35.79B
Retained earnings $69.53B$65.63B$62.09B$58.89B$55.05B$51.33B$48.60B$45.28B$41.32B$32.59B
Total equity $18.47B$16.89B$14.79B$12.16B$14.16B$16.96B$18.13B$20.42B$24.86B$19.93B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $9.29B$9.35B$8.38B$9.36B$9.03B$8.54B$8.61B$8.69B$7.23B$7.53B
Depreciation and amortisation $2.46B$2.40B$2.32B$2.25B$2.21B$2.21B$2.22B$2.19B$2.10B$2.04B
Stock-based compensation ——$107.0M$99.0M$88.0M$73.0M$93.0M$96.0M$103.0M$82.0M
Capital expenditure $3.79B$3.45B$3.61B$3.62B$2.94B$2.93B$3.45B$3.44B$3.24B$3.50B
Investing cash flow -$3.76B-$3.33B-$3.67B-$3.47B-$2.71B-$2.68B-$3.44B-$3.41B-$3.09B-$3.39B
Financing cash flow -$5.28B-$6.07B-$4.62B-$5.89B-$7.16B-$4.90B-$5.65B-$5.22B-$4.15B-$4.25B
Dividends paid $3.24B$3.21B$3.17B$3.16B$2.80B$2.63B$2.60B$2.30B$1.98B$1.88B
Buybacks $2.68B$1.50B$705.0M$6.28B$7.29B$3.71B$5.80B$8.22B$4.01B$3.10B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000100885-26-000037.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 10B 20B 30B Revenue, FY2016: 19.9B Net income, FY2016: 4.2B Revenue, FY2017: 21.2B Net income, FY2017: 10.7B Revenue, FY2018: 22.8B Net income, FY2018: 6B Revenue, FY2019: 21.7B Net income, FY2019: 5.9B Revenue, FY2020: 19.5B Net income, FY2020: 5.3B Revenue, FY2021: 21.8B Net income, FY2021: 6.5B Revenue, FY2022: 24.9B Net income, FY2022: 7B Revenue, FY2023: 24.1B Net income, FY2023: 6.4B Revenue, FY2024: 24.2B Net income, FY2024: 6.7B Revenue, FY2025: 24.5B Net income, FY2025: 7.1B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $19.94B $21.24B $22.83B $21.71B $19.53B $21.80B $24.88B $24.12B $24.25B $24.51B
Gross profit — — — — — — — — — —
Net income $4.23B $10.71B $5.97B $5.92B $5.35B $6.52B $7.00B $6.38B $6.75B $7.14B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 4011

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NSC NORFOLK SOUTHERN CORP $74.12B 25.9x 0.5%
FIP FTAI Infrastructure Inc. $300.2M — 51.6%
CNI CANADIAN NATIONAL RAILWAY CO — — —