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Union Pacific UNP Operating Lease ROU Assets

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$175.48B+31.2%
Enterprise value$205.03B+23.1%
P/E23.9×+4.7×
P/S6.9×+1.4×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Union Pacific in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The source filing: Union Pacific’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 3:48 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0000100885-26-000250
Millions, except share and per share amountsJun. 30,2026Dec. 31,2025
Total current assets5,5334,555
Investments2,9772,885
Properties, net (Note 11)60,19959,645
Operating lease assets8751,036
Other assets1,6271,577
Total assets$71,211$69,698
Liabilities and common shareholders' equity
Current liabilities:

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Union Pacific's operating lease ROU assets?
Union Pacific (UNP) reported operating lease ROU assets of $875M in Q2 2026.
How has Union Pacific's operating lease ROU assets changed year-over-year?
Union Pacific's operating lease ROU assets decreased by 26.7% year-over-year, from $1.19B to $875M.
What is the long-term trend for Union Pacific's operating lease ROU assets?
Over 5 years (2020 to 2025), Union Pacific's operating lease ROU assets has grown at a -8.4% compound annual growth rate (CAGR), from $1.61B to $1.04B.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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