Union Pacific Corporation (TSX:UNP)
Canada · Delayed Price · Currency is CAD 29.80
+0.36 (1.22%)
Oct 26, 2026, 3:42 PM EDT
Union Pacific Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 7,618 | 7,138 | 6,747 | 6,379 | 6,998 | 6,523 |
Depreciation & Amortization | 2,538 | 2,465 | 2,398 | 2,318 | 2,246 | 2,208 |
Other Operating Activities | 109 | 48 | 15 | -15 | 110 | 98 |
Change in Accounts Receivable | -219 | 34 | 179 | -177 | -169 | -217 |
Change in Inventory | -203 | -18 | -26 | -2 | -120 | 17 |
Change in Accounts Payable | 150 | -196 | 189 | -215 | 565 | 184 |
Change in Income Taxes | 491 | -206 | -87 | 129 | -273 | 188 |
Change in Other Net Operating Assets | 43 | 25 | -69 | -38 | 5 | 31 |
Operating Cash Flow | 10,527 | 9,290 | 9,346 | 8,379 | 9,362 | 9,032 |
Operating Cash Flow Growth | 8.22% | -0.60% | 11.54% | -10.50% | 3.65% | 5.76% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -3,833 | -3,791 | -3,452 | -3,606 | -3,620 | -2,936 |
Investment in Securities | -625 | - | - | - | - | - |
Other Investing Activities | 31 | 29 | 127 | -61 | 149 | 227 |
Investing Cash Flow | -4,427 | -3,762 | -3,325 | -3,667 | -3,471 | -2,709 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 1,995 | 800 | 1,599 | 6,080 | 4,201 |
Total Debt Issued | - | 1,995 | 800 | 1,599 | 6,080 | 4,201 |
Long-Term Debt Repaid | - | -1,428 | -2,226 | -2,190 | -2,291 | -1,299 |
Total Debt Repaid | -1,523 | -1,428 | -2,226 | -2,190 | -2,291 | -1,299 |
Net Debt Issued (Repaid) | -1,523 | 567 | -1,426 | -591 | 3,789 | 2,902 |
Repurchase of Common Stock | -26 | -2,679 | -1,505 | -705 | -6,282 | -7,291 |
Common Dividends Paid | -3,302 | -3,236 | -3,213 | -3,173 | -3,159 | -2,800 |
Other Financing Activities | 139 | 72 | 77 | -156 | -235 | 31 |
Financing Cash Flow | -4,712 | -5,276 | -6,067 | -4,625 | -5,887 | -7,158 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 1,388 | 252 | -46 | 87 | 4 | -835 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 6,694 | 5,499 | 5,894 | 4,773 | 5,742 | 6,096 |
Free Cash Flow Growth | 11.33% | -6.70% | 23.49% | -16.88% | -5.81% | 8.61% |
Free Cash Flow Margin | 25.39% | 22.44% | 24.30% | 19.79% | 23.08% | 27.96% |
Free Cash Flow Per Share | 11.27 | 9.23 | 9.69 | 7.82 | 9.20 | 9.30 |
Levered Free Cash Flow | 5,070 | 3,918 | 4,623 | 3,363 | 4,056 | 4,764 |
Unlevered Free Cash Flow | 5,863 | 4,736 | 5,416 | 4,201 | 4,851 | 5,487 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,298 | 1,311 | 1,260 | 1,268 | 1,156 | 1,087 |
Cash Income Tax Paid | 376 | 877 | 1,340 | 1,486 | 2,060 | 1,658 |
Change in Working Capital | 262 | -361 | 186 | -303 | 8 | 203 |