Union Pacific Corporation (UNP)

Union Pacific Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,266	1,016	1,055	973	960
Short-Term Investments	-	20	16	46	46
Cash & Short-Term Investments	1,266	1,036	1,071	1,019	1,006
Cash Growth	22.20%	-3.27%	5.10%	1.29%	-45.88%
Receivables	-	1,894	2,073	1,891	1,722
Inventory	-	769	743	741	621
Restricted Cash	-	4	10	10	19
Other Current Assets	3,289	318	251	291	183
Total Current Assets	4,555	4,021	4,148	3,952	3,551
Property, Plant & Equipment	60,681	58,849	58,227	56,981	55,972
Long-Term Investments	2,885	2,664	2,605	2,375	2,241
Other Intangible Assets	-	791	814	729	686
Other Long-Term Assets	1,577	1,390	1,338	1,412	1,075
Total Assets	69,698	67,715	67,132	65,449	63,525
Accounts Payable	-	847	856	784	752
Accrued Expenses	-	1,418	1,327	1,668	1,269
Current Portion of Long-Term Debt	1,520	1,388	1,374	1,611	2,074
Current Portion of Leases	270	383	404	398	422
Current Income Taxes Payable	-	605	685	628	823
Other Current Liabilities	3,224	613	460	431	404
Total Current Liabilities	5,014	5,254	5,106	5,520	5,744
Long-Term Debt	30,294	29,695	31,047	31,481	27,319
Long-Term Leases	738	997	1,354	1,467	1,673
Pension & Post-Retirement Benefits	-	-	-	364	518
Long-Term Deferred Tax Liabilities	13,421	13,151	13,123	13,033	12,675
Other Long-Term Liabilities	1,764	1,728	1,714	1,421	1,435
Total Liabilities	51,231	50,825	52,344	53,286	49,364
Common Stock	18,467	2,783	2,782	2,782	2,781
Additional Paid-In Capital	-	5,334	5,193	5,080	4,979
Retained Earnings	-	65,628	62,093	58,887	55,049
Treasury Stock	-	-56,132	-54,666	-54,004	-47,734
Comprehensive Income & Other	-	-723	-614	-582	-914
Shareholders' Equity	18,467	16,890	14,788	12,163	14,161
Total Liabilities & Equity	69,698	67,715	67,132	65,449	63,525
Total Debt	32,822	32,463	34,179	34,957	31,488
Net Cash (Debt)	-31,556	-31,427	-33,108	-33,938	-30,482
Net Cash Per Share	-52.96	-51.64	-54.26	-54.39	-46.51
Filing Date Shares Outstanding	592.5	604.29	609.78	611.87	636.9
Total Common Shares Outstanding	592.5	604.24	609.7	612.39	638.84
Working Capital	-459	-1,233	-958	-1,568	-2,193
Book Value Per Share	31.17	27.95	24.25	19.86	22.17
Tangible Book Value	18,467	16,099	13,974	11,434	13,475
Tangible Book Value Per Share	31.17	26.64	22.92	18.67	21.09
Land	-	5,441	5,426	5,344	5,339
Machinery	-	13,750	13,404	12,981	12,759
Construction In Progress	-	1,169	1,173	948	961

Updated Jan 27, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q