Industrials · Rail Transportation
Union Pacific: revenue, profit and dividends
In fiscal 2025, Union Pacific had revenue of $24.5B, up 1.2% a year on average since 2015, and net income of $7.14B (29.1% of revenue). Its dividend per share has gone up 18 years in a row, to $5.44. It has 31% fewer shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +1.1% vs 2024
- Ticker
- UNP · NYSE
- Sector
- Industrials
- Sub-industry
- Rail Transportation
- Headquarters
- Omaha, Nebraska
- Founded
- 1862
- In the S&P 500 since
- March 4, 1957, the index’s first day
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Union Pacific Corp · CIK 0000100885
Revenue and net income
Revenue went from $16.3B in 2007 to $24.5B in 2025.
Diluted earnings per share
Diluted EPS went from $1.73 in 2007 to $11.98 in 2025. Ten-year growth: 8.1% a year.
Dividends per share
Raised every year in the data: 18 years in a row, from 2008 to 2025. Ten-year growth: 9.5% a year.
Shares outstanding
31.5% fewer shares in 2025 than in 2015 (869M → 596M): buybacks outweighed new shares.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $5.5B in 2025, 22.4% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $24.5B | $7.14B | 29.1% | $11.98 | $5.44 | 596M | $9.29B | $3.79B | $5.5B |
| 2024 | $24.2B | $6.75B | 27.8% | $11.09 | $5.28 | 609M | $9.35B | $3.45B | $5.89B |
| 2023 | $24.1B | $6.38B | 26.4% | $10.45 | $5.20 | 610M | $8.38B | $3.61B | $4.77B |
| 2022 | $24.9B | $7.0B | 28.1% | $11.21 | $5.08 | 624M | $9.36B | $3.62B | $5.74B |
| 2021 | $21.8B | $6.52B | 29.9% | $9.95 | $4.29 | 655M | $9.03B | $2.94B | $6.1B |
| 2020 | $19.5B | $5.35B | 27.4% | $7.88 | $3.88 | 679M | $8.54B | $2.93B | $5.61B |
| 2019 | $21.7B | $5.92B | 27.3% | $8.38 | $3.70 | 706M | $8.61B | $3.45B | $5.16B |
| 2018 | $22.8B | $5.97B | 26.1% | $7.91 | $3.06 | 754M | $8.69B | $3.44B | $5.25B |
| 2017 | $21.2B | $10.7B | 50.4% | $13.36 | $2.48 | 802M | $7.23B | $3.24B | $3.99B |
| 2016 | $19.9B | $4.23B | 21.2% | $5.07 | $2.25 | 835M | $7.53B | $3.5B | $4.02B |
| 2015 | $21.8B | $4.77B | 21.9% | $5.49 | $2.20 | 869M | $7.34B | $4.65B | $2.69B |
| 2014 | $24B | $5.18B | 21.6% | $5.75 | $1.91 | 901M | $7.38B | $4.35B | $3.04B |
| 2013 | $22B | $4.39B | 20.0% | $4.71 | $1.48 | 932M | $6.82B | $3.5B | $3.33B |
| 2012 | $20.9B | $3.94B | 18.8% | $4.14 | $1.25 | 953M | $6.16B | $3.74B | $2.42B |
| 2011 | $19.6B | $3.29B | 16.8% | $3.36 | $0.96 | 980M | $5.87B | $3.18B | $2.7B |
| 2010 | $17B | $2.78B | 16.4% | $2.77 | $0.66 | 1.01B | $4.11B | $2.48B | $1.62B |
| 2009 | $14.1B | $1.89B | 13.4% | $1.87 | $0.54 | 1.01B | $3.2B | $2.35B | $850M |
| 2008 | $18B | $2.33B | 13.0% | $2.27 | $0.49 | 1.03B | $4.04B | $2.75B | $1.29B |
| 2007 | $16.3B | $1.85B | 11.4% | $1.73 | $0.37 | 1.07B | $3.28B | $2.5B | $781M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
Stock splits
Found in the filings; per-share figures and share counts on this page are on today’s share basis.
- 2-for-1 split · first reflected in a filing of July 25, 2014
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Rail Transportation companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.