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Union Pacific Corporation (UNP)
NYSE: UNP · Real-Time Price · USD
304.00
+2.07 (0.69%)
At close: Oct 30, 2026, 4:00 PM EST
302.00
-2.00 (-0.66%)
After-hours: Oct 30, 2026, 6:47 PM EST

Union Pacific Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
7,6187,1386,7476,3796,9986,523
Depreciation & Amortization
2,5382,4652,3982,3182,2462,208
Other Operating Activities
1094815-1511098
Change in Accounts Receivable
-21934179-177-169-217
Change in Inventory
-203-18-26-2-12017
Change in Accounts Payable
150-196189-215565184
Change in Income Taxes
491-206-87129-273188
Change in Other Net Operating Assets
4325-69-38531
Operating Cash Flow
10,5279,2909,3468,3799,3629,032
Operating Cash Flow Growth
8.22%-0.60%11.54%-10.50%3.65%5.76%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-3,833-3,791-3,452-3,606-3,620-2,936
Investment in Securities
-625-----
Other Investing Activities
3129127-61149227
Investing Cash Flow
-4,427-3,762-3,325-3,667-3,471-2,709

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-1,9958001,5996,0804,201
Total Debt Issued
-1,9958001,5996,0804,201
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)
-1,523567-1,426-5913,7892,902
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
1397277-156-23531
Financing Cash Flow
-4,712-5,276-6,067-4,625-5,887-7,158

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
1,388252-46874-835

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
6,6945,4995,8944,7735,7426,096
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
11.279.239.697.829.209.30
Levered Free Cash Flow
5,0703,9184,6233,3634,0564,764
Unlevered Free Cash Flow
5,8634,7365,4164,2014,8515,487

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
1,2981,3111,2601,2681,1561,087
Cash Income Tax Paid
3768771,3401,4862,0601,658
Change in Working Capital
262-361186-3038203
SEC Filings: 10-K · 10-Q