Union Pacific

UNP · NYSE · USD

$278.28+2.15%+$5.86

Close · October 2, 2026

At a glance

Revenue growth: +1.07%; 2025 vs 2024
Net income growth: +5.80%; 2025 vs 2024
Net margin: 29.1%; 2024: 27.8%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	69,698	67,715	67,132	65,449	63,525	62,398	61,673	59,147	57,806	55,718
Current assets	4,555	4,021	4,148	3,952	3,551	4,214	3,459	4,163	4,006	3,596
Cash and equivalents	1,266	1,016	1,055	973	960	1,799	831	1,273	1,275	1,277
Short-term investments	250	20.0	16.0	46.0	46.0	60.0	60.0	60.0	90.0	60.0
Receivables	1,860	1,894	2,073	1,891	1,722	1,505	1,595	1,755	1,493	1,258
Inventory	787	769	743	741	621	638	751	742	749	717
Net property, plant and equipment	59,936	58,849	58,227	56,981	55,972	55,092	55,095	52,055	50,960	49,827
Other intangible assets	745	791	814	729	686	679	633	624	645	562
Long-term investments	2,885	2,664	2,605	2,375	2,241	2,164	2,050	1,912	1,809	1,457
Current liabilities	5,014	5,254	5,106	5,520	5,744	4,173	4,351	4,626	3,939	3,640
Accounts payable	804	847	856	784	752	612	749	872	1,013	955
Long-term debt	30,228	29,695	31,047	31,481	27,319	25,320	23,452	20,171	15,252	14,249
Total debt	32,822	32,463	34,179	34,957	31,488	28,333	27,033	22,391	16,944	15,007
Total liabilities	51,231	50,825	52,344	53,286	49,364	45,440	43,545	38,724	32,950	35,786
Total equity (incl. minority)	18,467	16,890	14,788	12,163	14,161	16,958	18,128	20,423	24,856	19,932
Retained earnings	69,529	65,628	62,093	58,887	55,049	51,326	48,605	45,284	41,317	32,587