Stocks Industrials UNP
NYSE · IndustrialsUnion Pacific Corp (UNP)
Union Pacific Corp brought in $25.4B of revenue over the twelve months to June 30, 2026, up 4.2% from a year earlier. Net income was $7.3B, a net margin of 28.8%. Operating cash flow minus capital spending left $5.5B of free cash flow in fiscal 2025. At June 30, 2026 it held $1.6B in cash against $30.3B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 23, 2026.
Key facts about Union Pacific Corp
- Net worth
- Union Pacific Corp has a market value (market cap) of $167.3B at the latest share price, and shareholders' equity of $20.7B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $24.5B (+1.1% year on year), with net income of $7.1B. Over the 12 months to June 30, 2026: revenue $25.4B, net income $7.3B.
- Cash flow
- In fiscal 2025 operations brought in $9.3B of cash; after $3.8B of capital spending, free cash flow was $5.5B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 23, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Union Pacific Corp's next report is expected around October 22, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Union Pacific Corp declared dividends of $5.44 per share in fiscal 2025, a yield of 1.93% at the current price.
What Union Pacific Corp does
Union Pacific operates a railroad freight network across the western two-thirds of the United States. It transports agricultural goods, industrial chemicals, energy supplies, automobiles, and intermodal freight containers. Its customers include industrial manufacturers, farmers, shipping companies, and retailers needing long-distance overland cargo transport. Its shares trade on NYSE under the ticker UNP.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $24.5B | $7.1B | $11.98 | $5.5B |
| 2024 | $24.3B | $6.7B | $11.09 | $5.9B |
| 2023 | $24.1B | $6.4B | $10.45 | $4.8B |
| 2022 | $24.9B | $7B | $11.21 | $5.7B |
| 2021 | $21.8B | $6.5B | $9.95 | $6.1B |
| 2020 | $19.5B | $5.3B | $7.88 | $5.6B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where UNP ranks in Industrials
Dividends
Union Pacific Corp declared $5.44 per share in fiscal 2025. At the current price that is a yield of 1.93%. It paid out $3.2B in cash dividends, 45% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $5.44 | $3.2B | 45% |
| 2024 | $5.28 | $3.2B | 48% |
| 2023 | $5.20 | $3.2B | 50% |
| 2022 | $5.08 | $3.2B | 45% |
| 2021 | $4.29 | $2.8B | 43% |
| 2020 | $3.88 | $2.6B | 49% |
Latest SEC filings
What Union Pacific Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- July 23, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 12% to $6.9B versus the same quarter last year; diluted EPS $3.36 versus $3.15.
- July 23, 2026
- June 26, 2026
- June 26, 2026
- June 26, 2026
- June 26, 2026
- May 18, 2026
- April 30, 2026Passive stake (5% or more) SCHEDULE 13G
- April 23, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 3.2% to $6.2B versus the same quarter last year; diluted EPS $2.87 versus $2.70.
- April 23, 2026
What is UNP worth? A DCF from its reported cash flow
Insider trades
What the people running Union Pacific Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 11 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 10, 2026 | Hamann Jennifer LEVP & CHIEF FINANCIAL OFFICER | Received as pay | 7 | $2.1K |
| September 10, 2026 | Jalali RahulEVP & CHIEF INFORMATION OFFICE | Received as pay | 5 | $1.5K |
| September 10, 2026 | Rocker Kenyatta GEVP MARKETING & SALES | Received as payindirect | 3 | $743.9 |
| September 10, 2026 | Conlin Christina BEVP CHIEF LEGAL OFFICER & CORP | Received as pay | 2 | $635 |
| September 10, 2026 | Powers Carrie JVP & CONTROLLER | Received as pay | 6 | $1.6K |
| September 4, 2026 | Rocker Kenyatta GEVP MARKETING & SALES | Gave as a gift | 431 | - |
| August 10, 2026 | Jalali RahulEVP & CHIEF INFORMATION OFFICE | Received as pay | 8 | $2.4K |
| August 10, 2026 | Hamann Jennifer LEVP & CHIEF FINANCIAL OFFICER | Received as pay | 8 | $2.3K |
Who owns UNP
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.55% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 2,878 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 47,894,147 | +115,607 |
| Vanguard Capital Management LLC | 38,772,919 | +217,015 |
| State Street Corp | 27,890,598 | +1,302,732 |
| Capital World Investors | 27,141,622 | +69,388 |
| Capital Research Global Investors | 17,112,417 | +206,008 |
| Geode Capital Management, LLC | 16,122,702 | +260,095 |
| Jpmorgan Chase & Co | 15,674,651 | -1,968,045 |
| Morgan Stanley | 14,579,220 | -305,662 |
| Bank of America Corp | 14,527,563 | +64,492 |
| Vanguard Portfolio Management LLC | 14,282,006 | -162,755 |
| Norges Bank | 7,553,360 | new |
| UBS Group AG | 6,641,035 | +893,740 |
| Fisher Asset Management, LLC | 6,578,759 | +74,694 |
| Northern Trust Corp | 6,531,872 | -144,720 |
| Invesco Ltd. | 6,384,935 | -892,425 |
| Massachusetts Financial Services Co | 6,272,629 | -757,303 |
| Franklin Resources Inc | 5,900,349 | -159,156 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 5,738,003 | +782,608 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 5,064,015 | -119,482 |
| Ameriprise Financial Inc | 4,633,815 | -537,829 |
Insiders
7 insiders reported holding 510,702 shares in total, about $143.8M at the last price.
| Holder | Shares |
|---|---|
| Vena Vincenzo JCHIEF EXECUTIVE OFFICER, Director | 220,695 |
| Hamann Jennifer LEVP & CHIEF FINANCIAL OFFICER | 114,683 |
| Rocker Kenyatta GEVP MARKETING & SALES | 62,0141,311 held indirectly |
| Gehringer Eric JEVP OPERATIONS | 56,01412,989 held indirectly |
| Jalali RahulEVP & CHIEF INFORMATION OFFICE | 33,136 |
| Conlin Christina BEVP CHIEF LEGAL OFFICER & CORP | 16,014 |
| Powers Carrie JVP & CONTROLLER | 8,147 |
Questions about UNP
What does Union Pacific Corp do?
Union Pacific operates a railroad freight network across the western two-thirds of the United States. It transports agricultural goods, industrial chemicals, energy supplies, automobiles, and intermodal freight containers. Its customers include industrial manufacturers, farmers, shipping companies, and retailers needing long-distance overland cargo transport. Its shares trade on NYSE under the ticker UNP.
What is Union Pacific Corp's net worth?
Union Pacific Corp has a market value (market cap) of $167.3B at the latest share price, and shareholders' equity of $20.7B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Union Pacific Corp profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $7.3B on revenue of $25.4B, a net margin of 28.8%.
How much revenue does Union Pacific Corp make?
Over the twelve months to June 30, 2026 Union Pacific Corp reported revenue of $25.4B. That is 4.2% more than a year earlier.
When did Union Pacific Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 23, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 1, 2026.
When is Union Pacific Corp's next earnings report?
Union Pacific Corp's next report is expected around October 22, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Union Pacific Corp pay a dividend?
Yes. Union Pacific Corp declared dividends of $5.44 per share in fiscal 2025, a yield of 1.93% at the current price.
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Where the numbers come from
Financial figures are the values Union Pacific Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.