FY2025 · ended Dec 31, 2025 · Revenue $24.51B, +1.1% YoY · Filed Feb 6, 2026
Union Pacific Corp (UNP) files with the SEC under industry code 4011, Railroads, Line-Haul Operating. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $24.5 billion and net income of $7.1 billion. Free cash flow was $5.5 billion. As of Sep 30, 2026 it held $2.2 billion in cash and investments and $788.0 million in total debt.
Revenue (TTM)
$26.36B
+7.4% vs year-ago TTM
Net income (TTM)
$7.62B
+8.0% vs year-ago TTM
Operating cash flow (TTM)
$10.53B
+8.2% vs year-ago TTM
Free cash flow (TTM)
$6.69B
+11.3% vs year-ago TTM
EPS (TTM)
$12.83
+8.9% vs year-ago TTM
Dividend per share (TTM)
$5.56
+3.0% vs year-ago TTM
Shares outstanding
593.39M
-1.8% vs prior year
Net cash
$1.42B
as of Sep 30, 2026
Operating margin
40.1%
FY 2026
Company profile
- Industry
- Railroads, Line-Haul Operating (SIC 4011)
- Listed as
- UNP (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- UT
- Headquarters
- Omaha, NE
- SEC filer status
- Large accelerated filer
- SEC CIK
- 100885
Other Railroads, Line-Haul Operating companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $24.5B | $24.2B | $24.1B | $24.9B | $21.8B |
| Operating income | $9.8B | $9.7B | $9.1B | $9.9B | $9.3B |
| Net income | $7.1B | $6.7B | $6.4B | $7.0B | $6.5B |
| Diluted EPS | $11.98 | $11.09 | $10.45 | $11.21 | $9.95 |
| Operating cash flow | $9.3B | $9.3B | $8.4B | $9.4B | $9.0B |
| Free cash flow | $5.5B | $5.9B | $4.8B | $5.7B | $6.1B |
| Total assets | $69.7B | $67.7B | $67.1B | $65.4B | $63.5B |
| Total liabilities | $51.2B | $50.8B | $52.3B | $53.3B | $49.4B |
| Stockholders' equity | $18.5B | $16.9B | $14.8B | $12.2B | $14.2B |
| Cash and investments | $1.3B | $1.0B | $1.1B | $973.0M | $960.0M |
| Total debt | $32.9B | $32.6B | $34.2B | $35.2B | $31.9B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 22, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 22, 2026 | Oct 22, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Oct 16, 2026 | Oct 16, 2026 |
| 10-Q | Quarterly report | Jul 23, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 23, 2026 | Jul 23, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 18, 2026 | May 14, 2026 |
All 1000 Union Pacific Corp SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.