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Union Pacific UNP Shares (Diluted)

Discontinued — last reported Q2 '26

Shares (Diluted) at other companies

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887.1M-4.1%
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1.9B-0.5%
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225M-0.1%
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116.7M-4.9%
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54.8M+0.2%
ESO
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17.6M+5.1%

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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Income before income taxes2,5552,313
Income tax expense (Note 7)(562)(437)
Net income$1,993$1,876
Share and per share (Note 8):
Earnings per share - basic$3.36$3.16
Earnings per share - diluted$3.36$3.15
Weighted average number of shares - basic593.4594.1
Weighted average number of shares - diluted594.0594.8

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Union Pacific's shares (diluted)?
Union Pacific (UNP) reported shares (diluted) of 594M in Q2 2026.
How has Union Pacific's shares (diluted) changed year-over-year?
Union Pacific's shares (diluted) decreased by 0.1% year-over-year, from 594.8M to 594M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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