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Union Pacific UNP Business Segments — Administrative

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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$173.61B+33.3%
Enterprise value$203.17B+24.5%
P/E23.7×+4.9×
P/S6.8×+1.5×

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 unp:AdministrativeExpense.

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
MillionsThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Other23234647
Total operating revenues$6,864$6,154$13,081$12,181
Operating [a]1,7411,6853,4603,369
Administrative [a]182188367381
Locomotive fuel9135631,5431,154
Acquisition-related (Note 18) [b]351711
Other segment items [b] [c]5925791,1481,157
Depreciation6386131,2711,223

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Union Pacific's business segments — administrative?
Union Pacific (UNP) reported business segments — administrative of $182M in Q2 2026.
How has Union Pacific's business segments — administrative changed year-over-year?
Union Pacific's business segments — administrative decreased by 3.2% year-over-year, from $188M to $182M.
What is the long-term trend for Union Pacific's business segments — administrative?
Over 3 years (2022 to 2025), Union Pacific's business segments — administrative has grown at a 1.6% compound annual growth rate (CAGR), from $700M to $735M.
What does business segments — administrative mean?
These are the overhead expenses related to corporate management, legal, human resources, and general office functions. It represents the fixed cost burden of supporting the railroad's infrastructure and operations.

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