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Profile & Fundamentals

Union Pacific Profile & Fundamentals

Name: Union Pacific financial chart data preview
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Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.

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Company and Market Context

Company Profile & Ownership

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. It offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, and ethanol and renewable biofuel producers; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers. The company was founded in 1862 and is headquartered in Omaha, Nebraska.

Company profile record

Union Pacific Corporation

Common Stock · Industrials · Rail Transportation

Official website

Company

Company / asset: Union Pacific Corporation
Security type: Common Stock
Sector: Industrials
Industry: Rail Transportation
HQ: 🇺🇸 United States
Head office: 1400 Douglas Street, Omaha, NE, United States, 68179

Leadership & scale

Chief executive: Mr. Vincenzo James Vena
CEO year born: 1959
Full-time employees: 28.7K
Fiscal year end: December
IPO date: 1978-01-13

Fundamentals snapshot

Updated 2026-09-14

Market Cap: USD 165.9B
P/E: 22.6x
Revenue (Q2 26): USD 6.9B
Profit (Q2 26): USD 2.0B
Dividend Yield: 1.4%
Revenue (FY 25): USD 24.5B
Shares in public float: 592.7M
Insider ownership: 0.07%

Reporting & identifiers

Symbol: UNP.NYSE
Listing: 🇺🇸 United States | Dividend Tax: 30%
Ticker Currency: USD
Income Statement Currency: USD
Balance Sheet Currency: USD
Cash Flow Currency: USD
EPS Currency: USD
Contract Type: SPOT
ISIN: US9078181081
Asset ID: equity_de703932-c64c-5c0f-b762-64317187ac78

Ownership

Shares Outstanding

Shares outstanding

Annual reported shares outstanding. Values in shares.

Top holders

BlackRock Inc47,778,540 shares · 8.04% · Reported 2026-03-31
Vanguard Capital Management, LLC38,555,904 shares · 6.49% · Reported 2026-03-31
Capital World Investors27,141,622 shares · 4.57% · Reported 2026-06-30
State Street Corp26,587,866 shares · 4.48% · Reported 2026-03-31
Vanguard MStar Total Stk Mkt Idx Invest18,904,177 shares · 3.18% · Reported 2026-07-31
JPMorgan Chase & Co17,642,696 shares · 2.97% · Reported 2026-03-31
Capital Research Global Investors17,112,417 shares · 2.88% · Reported 2026-06-30

View more holders (8)

Geode Capital Management, LLC15,862,607 shares · 2.67% · Reported 2026-03-31
Vanguard 500 Index Investor15,584,571 shares · 2.62% · Reported 2026-07-31
Morgan Stanley - Brokerage Accounts14,884,882 shares · 2.51% · Reported 2026-03-31
Bank of America Corp14,463,071 shares · 2.43% · Reported 2026-03-31
Vanguard Portfolio Management, LLC14,444,761 shares · 2.43% · Reported 2026-03-31
American Funds American Balanced A9,924,865 shares · 1.67% · Reported 2026-06-30
iShares Core S&P 500 ETF7,906,102 shares · 1.33% · Reported 2026-08-31
Fidelity 500 Index7,677,330 shares · 1.29% · Reported 2026-07-31

Earnings, Profitability & Valuation

Earnings & Revenue

AI Review

The reports agree that the company is a highly efficient cash-generating machine, currently producing stable revenues of around $24.5 billion and a robust net income of over $7 billion. This financial strength is driven by the company's incredible pricing power, which allows it to raise rates and pass on fuel costs even when the actual volume of shipped goods is flat. However, there is a clear disagreement about the future direction of earnings. Some experts warn that taking on massive new debt to fund the proposed merger will spike interest expenses and temporarily hurt earnings per share. Others believe that steady cost-cutting and the growing volume of goods moving from Mexico will keep earnings growing reliably. Overall, retail investors should view the company as a highly secure defensive shield, though near-term earnings growth may face some speed bumps during the merger integration.

Revenue, Net Income, and Free Cash Flow

Revenue
Free cash flow
Net income

Annual reported financial results, converted using the statement's recorded USD conversion. Missing values are omitted. Values in USD.

Valuation

Historical P/E Ratio

Published P/E

Published valuation snapshots. Trailing four-quarter earnings where available; annual earnings otherwise. Non-positive earnings are omitted. Values in times earnings.

Profitability & Margins

AI Review

The company boasts world-class profitability, with operating margins holding steady at an exceptional 40%. The reports agree that these high margins are a direct result of the company's natural monopoly and its ability to raise prices to cover rising labor and fuel costs. However, there is a strong disagreement about whether these margins can expand further. Some experts argue that the easy gains from cost-cutting and efficiency programs have already been achieved, meaning margins have hit a physical ceiling. They warn that integrating a less efficient railroad could temporarily drag margins down. On the other hand, optimists believe that deploying advanced AI to optimize train routing and eventually moving toward automated operations will unlock a new wave of margin expansion. For retail investors, the company's margins remain highly durable, offering excellent protection against inflation.

Profitability Margins

Gross margin
Operating margin
Net margin
Free cash flow margin

Annual gross, operating, net income and free cash flow divided by revenue for matching reporting dates. Values in percent.

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Reported Data Tables — chart preview

The following tables contain the same values as the financial charts above. Monetary values are USD; margins are percentages. Missing inputs are not estimated. Use is subject to the iPulse AI Terms of Service and applicable source rights.

Source: eodhd. Statement snapshots with chart transformations and ratios calculated by iPulse AI. Snapshot retrieved 2026-09-15.

Annual earnings and profitability
Period end	Revenue	Free cash flow	Net income	Gross margin	Operating margin	Net margin	Free cash flow margin
2016-12-31	19,941,000,000	4,020,000,000	4,233,000,000	41.47	36.47	21.23	20.16
2017-12-31	21,240,000,000	3,973,000,000	10,712,000,000	42.42	37.95	50.43	18.71
2018-12-31	22,832,000,000	5,249,000,000	5,966,000,000	41.78	37.3	26.13	22.99
2019-12-31	21,708,000,000	5,156,000,000	5,919,000,000	44.29	39.4	27.27	23.75
2020-12-31	19,533,000,000	5,613,000,000	5,349,000,000	46.99	40.11	27.38	28.74
2021-12-31	21,804,000,000	6,096,000,000	6,523,000,000	48.22	42.83	29.92	27.96
2022-12-31	24,875,000,000	5,742,000,000	6,998,000,000	45.05	39.87	28.13	23.08
2023-12-31	24,119,000,000	4,773,000,000	6,379,000,000	43.65	37.65	26.45	19.79
2024-12-31	24,250,000,000	5,894,000,000	6,747,000,000	45.52	40.05	27.82	24.31
2025-12-31	24,510,000,000	5,499,000,000	7,138,000,000	59.38	40.14	29.12	22.44

Published valuation snapshots
Period end	P/E (times earnings)	Earnings basis
2025-12-31	19.23	Trailing four quarters
2024-12-31	20.57	Trailing four quarters
2023-12-31	23.48	Trailing four quarters
2022-12-31	18.16	Annual net income
2021-12-31	24.8	Annual net income

Shares outstanding — chart values
Reporting date	Shares outstanding
2017-01-01	787,000,000
2018-01-01	732,900,000
2019-01-01	694,900,000
2020-01-01	674,100,000
2021-01-01	642,100,000
2022-01-01	613,700,000
2023-01-01	609,900,000
2024-01-01	608,600,000
2025-01-01	593,500,000
2026-01-01	594,000,000

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Earnings, Profitability & Valuation
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Capital Expenditure & R&D
- Capital allocation AI review
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Balance Sheet
- Balance sheet AI review
- Assets, debt and equity
- Capital structure
- Liquidity and leverage
- Retained earnings
Dividends & Actions
- Cash dividends paid
- Dividend indicators
- Buybacks and issuance
- Combined shareholder returns
- Available corporate actions
Company Events
- Dated insider transactions
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