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Union Pacific UNP Total costs & expenses

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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$173.55B+31.8%
Enterprise value$203.1B+23.4%
P/E23.7×+4.7×
P/S6.8×+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:CostsAndExpenses.

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 per share amounts, for the three months ended June 30,20262025
Depreciation638613
Equipment and other rents214230
Other362319
Total operating expenses4,1013,629
Operating income2,7632,525
Other income, net (Note 6)105123
Interest expense(313)(335)
Income before income taxes2,5552,313

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Union Pacific's total costs & expenses?
Union Pacific (UNP) reported total costs & expenses of $4.1B in Q2 2026.
How has Union Pacific's total costs & expenses changed year-over-year?
Union Pacific's total costs & expenses increased by 13.0% year-over-year, from $3.63B to $4.1B.
What is the long-term trend for Union Pacific's total costs & expenses?
Over 3 years (2022 to 2025), Union Pacific's total costs & expenses has grown at a -0.7% compound annual growth rate (CAGR), from $14.96B to $14.66B.
What does total costs & expenses mean?
This metric represents the aggregate of all operating and non-operating costs incurred by the business to generate revenue during a specific period. It encompasses labor, fuel, maintenance, depreciation, and administrative overhead required to sustain operations. Analyzing this figure relative to total revenue provides a comprehensive view of the company's overall cost structure and operational discipline.

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