UNION PACIFIC CORP

UNP · CIK 0000100885

19 fiscal years · 69 SEC filings · every number carries its receipt

Revenue (FY)

$24.51B1.1%

FY2025

Net income (FY)

$7.14B5.8%

FY2025

Free cash flow (FY)

$5.50B6.7%

FY2025

Diluted EPS (FY)

$11.988.0%

FY2025

The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt

Revenue & net incomeRevenueNet income

revenue 1.5× since FY2007 · net margin 11.4% → 29.1%

MarginsNet marginFCF margin

FY2025: net 29.1% · free cash flow 22.4% of revenue

Cash engineOperating cash flowFree cash flow

FY2025: $9.29B operating cash − $3.79B capex = $5.50B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 15% (FY2008) → 39% (FY2025) · on assets 10.2%

Balance sheetLiabilitiesEquity

FY2025: $69.70B assets · $51.23B liabilities · $18.47B equity

The receipts

Financial statements

Annual Quarterly (as reported)

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

USD millions	Q1 2026	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022
Revenue	6,217	6,244	6,154	6,027	6,091	6,007	6,031	5,941	5,963	6,056	6,566	6,269
Net income	1,701	1,788	1,876	1,626	1,671	1,673	1,641	1,528	1,569	1,630	1,895	1,835
Diluted EPS	2.87	3.01	3.15	2.70	2.75	2.74	2.69	2.51	2.57	2.67	3.05	2.93
Diluted shares	594	593	595	602	609	610	610	610	610	612	622	627
Operating cash flow	2,440	—	—	2,210	—	—	2,122	—	—	1,840	—	—
Capital expenditures	937	—	—	906	—	—	797	—	—	772	—	—
Free cash flow	1,503	—	—	1,304	—	—	1,325	—	—	1,068	—	—
Cash & equivalents	735	808	1,060	1,411	947	1,137	925	750	830	1,079	1,267	788
Total assets	69,644	68,647	68,576	68,492	67,570	67,817	67,266	66,540	66,033	65,968	65,343	64,440
Total liabilities	50,226	51,343	52,318	52,453	50,986	51,328	51,601	52,536	52,839	53,514	53,600	51,730
Shareholders' equity	19,418	17,304	16,258	16,039	16,584	16,489	15,665	14,004	13,194	12,454	11,743	12,710

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. Quarterly view shows as-reported 10-Q periods; Q4 synthesis ships in Phase 1. See methodology.