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Union Pacific UNP Business Segments — Net Income

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Other financials

Income statement

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Revenue$6.2B+3.2%
Operating income$2.5B+3.7%
Net income$1.7B+4.6%
EPS (diluted)$2.87+6.3%

Balance sheet

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Cash & equivalents$735.0M-47.9%
Total debt$854.0M-97.5%
Total equity$19.4B+21.1%
Total assets$69.6B+1.7%

Cash flow

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Operating cash flow$2.4B+10.4%
CapEx$937.0M+3.4%
Free cash flow$1.5B+15.3%

Valuation

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Market cap$158.95B+19.6%
Enterprise value$159.07B-3.8%
P/E22×+2.3×
P/S6.4×+1.0×

Profitability

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Operating margin40.2%+0.2pp
Net margin29.2%+1.4pp
FCF margin23.1%-1.2pp

Returns & leverage

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Return on equity40.7%-1.8pp
Debt / equity-2.1×
Current ratio0.9×+0.2×

Where this comes from

Reported directly by Union Pacific in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Union Pacific’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Union Pacific's business segments — net income?
Union Pacific (UNP) reported business segments — net income of $1.7B in Q1 2026.
How has Union Pacific's business segments — net income changed year-over-year?
Union Pacific's business segments — net income increased by 4.6% year-over-year, from $1.63B to $1.7B.
What is the long-term trend for Union Pacific's business segments — net income?
Over 3 years (2022 to 2025), Union Pacific's business segments — net income has grown at a 0.7% compound annual growth rate (CAGR), from $7B to $7.14B.
What does business segments — net income mean?
This metric represents the total profit generated by the company's primary rail transportation operations after accounting for all operating expenses, interest, taxes, and non-operating items. It serves as the bottom-line measure of financial performance for the consolidated business, reflecting the net earnings available to shareholders from core freight hauling activities. This figure captures the cumulative impact of revenue generation, cost management, and capital structure decisions on the company's overall profitability.