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Union Pacific

UNP

Union Pacific Corporation operates as a leading Class I railroad, connecting 23 states in the western two-thirds of the United States.

Market cap
$184.53B+40.8%
Revenue$25.4B+4.2%
Net income$7.3B+5.7%
Free cash flow$6.5B+3.9%
EPS (diluted)$12.35+7.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 2 months)
Revenue estimate$7.0B
EPS estimate$3.44

Financials

Q2 2026

Income statement

See full
Revenue$6.9B+11.5%
Operating income$2.8B+9.4%
Net income$2.0B+6.2%
EPS (diluted)$3.36+6.7%

Balance sheet

See full
Cash & equivalents$1.6B+52.3%
Total debt$31.2B-8.2%
Total equity$20.7B+27.2%
Total assets$71.2B+3.8%

Cash flow

See full
Operating cash flow$3.1B+31.8%
CapEx$873.0M-6.7%
Free cash flow$2.2B+57.7%

Valuation & ratios

Valuation

See full
Market cap$184.53B+40.8%
Enterprise value$214.09B+30.6%
P/E25.2×+6.3×
P/S7.3×+1.9×

Profitability

See full
Operating margin40%-0.3pp
Net margin28.8%+0.4pp
FCF margin25.6%-0.1pp

Returns & leverage

See full
Return on equity39.7%-2.7pp
Debt / equity1.5×-0.6×
Current ratio+0.3×

Segments

By segment

See full
Reportable Segment$6.9B+11.5%

By geography

See full
Mexico$828.0M+10.3%

Competitors

Profile

Union Pacific Corporation operates as a leading Class I railroad, connecting 23 states in the western two-thirds of the United States. The company provides a critical link in the global supply chain by transporting a diversified mix of freight between major West Coast and Gulf Coast ports and key gateways in the Eastern U.S., Mexico, and Canada. Its core value proposition focuses on safety, service reliability, and fuel-efficient transportation of bulk, industrial, and premium goods.

Competitive position

Union Pacific is the largest automotive carrier west of the Mississippi River and the only railroad serving all six major Mexico gateways.

GeographiesUnited States, Mexico, Canada
Customer segmentsIndustrial manufacturers, Agricultural producers, Energy utilities, Automotive OEMs, Logistics providers
Business modelFreight transportation, Common carrier rail service, Intermodal logistics
SuppliersLocomotive manufacturers, Rail and track material suppliers, Fuel providers, Unionized labor
CustomersGlobal shipping lines, Electric utilities, Automotive assembly plants, Consumer goods retailers, Agricultural exporters
Listed1969
Employees31.1K
CEOVincenzo James Vena
IndustryRailroads
Websiteup.com
FilingsSEC EDGAR

FAQ

What is Union Pacific's market cap?
Union Pacific (UNP) has a market capitalization of $184.53B and trades on NYSE.
What is Union Pacific's revenue and profitability?
Union Pacific generated $25.4B in trailing twelve-month revenue with net income of $7.3B, representing a net margin of 28.8%, with free cash flow of $6.5B. These figures are based on the Q2 2026 filing.
Who are Union Pacific's competitors?
Union Pacific's key competitors include Canadian Pacific Kansas City, Norfolk Southern, CSX Corp, and others. These companies compete in similar markets and product categories.
Who does Union Pacific partner with?
Union Pacific's notable partners include Association of American Railroads, American Chemistry Council, American Petroleum Institute.
What subsidiaries does Union Pacific have?
Union Pacific's subsidiaries include Union Pacific Railroad Company.
Where is Union Pacific headquartered?
Union Pacific is headquartered in United States of America and employs approximately 31,052 people. It has been publicly traded since 1969.