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Union Pacific Corporation (UNP)
NYSE: UNP · Real-Time Price · USD
290.16
-7.79 (-2.61%)
At close: Nov 6, 2026, 4:00 PM EST
294.37
+4.21 (1.45%)
After-hours: Nov 6, 2026, 7:51 PM EST

Union Pacific Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Income
2,0761,9931,7011,8481,7881,8761,6261,7621,6711,6731,6411,6521,5281,5691,6301,6381,8951,8351,6301,711
Depreciation & Amortization
643638633624618613610606602596594589580577572569563559555556
Loss (Gain) From Sale of Assets
--------------------98
Other Operating Activities
1407128-130344-137-29-105032-574728-25-652346241774
Change in Accounts Receivable
-10-144-12661-650-711428244-89-139-108129-59161--94-236-43
Change in Inventory
-66-81-51-5-8-2722632-37-2727-28-141353-4-64-10543
Change in Accounts Payable
-30187-135128-12133-236271-69207-220166-4197-43713223014063188
Change in Income Taxes
-12402426-325-143-101363-138248-53233518154-302259-298143-47335586
Change in Other Net Operating Assets
4510-36245026-752335-72-553513-13-7314304-4312
Operating Cash Flow
2,7863,0762,4402,2252,5222,3332,2102,6622,6511,9112,1222,3952,1262,0181,8402,2922,9031,9312,2362,529
Operating Cash Flow Growth (YoY)
10.47%31.85%10.41%-16.42%-4.87%22.08%4.15%11.15%24.69%-5.30%15.33%4.49%-26.77%4.50%-17.71%-9.37%27.10%-14.59%14.20%-0.71%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Capital Expenditures
-1,024-873-937-999-950-936-906-922-831-902-797-1,024-975-835-772-930-1,045-797-848-991
Sale of Property, Plant & Equipment
-----------------120883258
Investment in Securities
-625-------------------
Other Investing Activities
257-203-5128-235-3223-3112-57-1-34-33181465-2016
Investing Cash Flow
-1,392-1,076-988-971-952-901-938-899-834-790-802-1,017-976-869-805-912-1,019-704-836-917

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Short-Term Debt Issued
----------296---------
Long-Term Debt Issued
------1,996---400---1,199---3,490-
Total Debt Issued
------11,996--297401696--194191,199-1,9906003,490500
Short-Term Debt Repaid
---------------102----100-
Long-Term Debt Repaid
---1,172----370----1,358----647----866-
Total Debt Repaid
-13-334-1,172-4-1,015-39-370-6-413-449-1,358-11-515-915-749-106-370-849-966-179
Net Debt Issued (Repaid)
-13-334-1,172-4-1,015-401,626-6-710-48-662-11-534-496450-1061,620-2492,524321
Repurchase of Common Stock
--26----959-1,720-674-731-100----130-575-785-2,024-290-3,183-1,445
Common Dividends Paid
-844-819-821-818-819-795-804-810-815-793-795-793-792-793-795-797-806-813-743-755
Other Financing Activities
58511218112320-202249246-28111418-711-2049-5112
Financing Cash Flow
-799-1,128-1,981-804-1,823-1,771-878-1,692-2,007-917-1,451-1,085-1,212-1,401-927-1,677-1,414-1,343-1,453-1,867

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Cash Flow
595872-529450-253-33939471-190204-131293-62-252108-297470-116-53-255

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
1,7622,2031,5031,2261,5721,3971,3041,7401,8201,0091,3251,3711,1511,1831,0681,3621,8581,1341,3881,538
Free Cash Flow Growth (YoY)
12.09%57.69%15.26%-29.54%-13.63%38.45%-1.58%26.91%58.12%-14.71%24.06%0.66%-38.05%4.32%-23.05%-11.44%21.52%-29.43%-2.39%-19.65%
Free Cash Flow Margin
24.48%32.09%24.18%20.15%25.18%22.70%21.64%28.43%29.88%16.80%21.97%22.26%19.37%19.84%17.64%22.04%28.30%18.09%23.69%26.83%
Free Cash Flow Per Share
2.963.712.532.072.652.352.172.882.991.652.172.251.891.941.752.222.991.812.192.40
Levered Free Cash Flow
1,3091,7111,228821.63960.51,0241,1121,4211,406675.251,091973731.38882.38776.5935.51,4066981,0171,235
Unlevered Free Cash Flow
1,5041,9061,4281,0251,1651,2341,3131,6161,603874.631,2941,180940.131,094986.51,1441,602895.51,2091,419

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash Interest Paid
432197441228473171439186439172463155485174454176415183382183
Cash Income Tax Paid
10417759365672461121731,10046331329791355874401,0267417
Change in Working Capital
-7337478-117-228-193304328-390-56107-10-103-29762399-48734286
SEC Filings: 10-K · 10-Q