Union Pacific Corporation (UNP)

NYSE: UNP · Real-Time Price · USD

294.01

-1.37 (-0.46%)

Aug 7, 2026, 3:42 PM EDT - Market open

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	Jun '26 Jun 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	7,330	7,138	6,747	6,379	6,998	6,523
Depreciation & Amortization	2,513	2,465	2,398	2,318	2,246	2,208
Other Adjustments	313	48	15	-15	110	98
Change in Receivables	-215	34	179	-177	-169	-217
Changes in Inventories	-145	-18	-26	-2	-120	17
Changes in Accounts Payable	59	-196	189	-215	565	184
Changes in Income Taxes Payable	360	-206	-87	129	-273	188
Changes in Other Operating Activities	48	25	-69	-38	5	31
Operating Cash Flow	10,263	9,290	9,346	8,379	9,362	9,032
Operating Cash Flow Growth	4.13%	-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	Jun '26 Jun 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	-3,759	-3,791	-3,452	-3,606	-3,620	-2,936
Other Investing Activities	-	29	127	-61	149	227
Investing Cash Flow	-3,987	-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	Jun '26 Jun 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
Long-Term Debt Repaid	-2,525	-1,428	-2,226	-2,190	-2,291	-1,299
Net Long-Term Debt Issued (Repaid)	-2,525	567	-1,426	-591	3,789	2,902
Repurchase of Common Stock	-26	-2,679	-1,505	-705	-6,282	-7,291
Net Common Stock Issued (Repurchased)	-26	-2,679	-1,505	-705	-6,282	-7,291
Common Dividends Paid	-3,277	-3,236	-3,213	-3,173	-3,159	-2,800
Other Financing Activities	92	72	77	-156	-235	31
Financing Cash Flow	-5,736	-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	Jun '26 Jun 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	540	252	-46	87	4	-835

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	6,504	5,499	5,894	4,773	5,742	6,096
Free Cash Flow Growth	3.88%	-6.70%	23.49%	-16.88%	-5.81%	8.61%
FCF Margin	25.60%	22.44%	24.31%	19.79%	23.08%	27.96%
Free Cash Flow Per Share	10.96	9.23	9.68	7.82	9.20	9.30
Levered Free Cash Flow	3,881	5,984	4,274	4,374	9,590	9,117
Unlevered Free Cash Flow	6,915	5,947	6,405	5,623	6,453	6,877

SEC Filings: 10-K · 10-Q