To the full analysis
Union Pacific stock: growth
UNPUnion Pacific reported $24.51B in revenue for fiscal 2025, up 1.1% on the prior year, up 4.6% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
2.4%
per year from 2006 to 2025, per share 5.7%
Earnings (Annual rate)
8.2%
per year from 2006 to 2025, per share 11.6%
Free cash flow (Annual rate)
23.4%
per year from 2006 to 2025, per share 27.3%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 4.6% | 1.2% | 2.4% |
| Revenue per share | 7.5% | 5.1% | 5.7% |
| Earnings | 5.9% | 4.1% | 8.2% |
| Earnings per share | 8.7% | 8.1% | 11.6% |
| Free cash flow | −0.4% | 7.4% | 23.4% |
| Free cash flow per share | 2.3% | 11.6% | 27.3% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $15.58B | $1.61B | $102M |
| 2007 | $16.28B | $1.86B | $160M |
| 2008 | $17.97B | $2.34B | $902M |
| 2009 | $14.14B | $1.89B | $3.1B |
| 2010 | $16.97B | $2.78B | $1.62B |
| 2011 | $19.56B | $3.29B | $2.61B |
| 2012 | $20.93B | $3.94B | $2.42B |
| 2013 | $21.96B | $4.39B | $3.33B |
| 2014 | $23.99B | $5.18B | $3.04B |
| 2015 | $21.81B | $4.77B | $2.69B |
| 2016 | $19.94B | $4.23B | $4.02B |
| 2017 | $21.24B | $10.71B | $3.97B |
| 2018 | $22.83B | $5.97B | $5.25B |
| 2019 | $21.71B | $5.92B | $5.16B |
| 2020 | $19.53B | $5.35B | $5.61B |
| 2021 | $21.8B | $6.52B | $6.1B |
| 2022 | $24.88B | $7B | $5.74B |
| 2023 | $24.12B | $6.38B | $4.77B |
| 2024 | $24.25B | $6.75B | $5.89B |
| 2025 | $24.51B | $7.14B | $5.5B |
Revenue by segment
How Union Pacific Corporation makes its money and how that has shifted. Names are as the company reports them.
- Industrial35%
- Bulk31%
- Premium29%
- Accessorial Revenues2%
- Other3%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Industrial | $7.69B | $7.47B | $6.62B | $7.32B | $8.21B | $8.24B | $8.44B | $8.6B | 35.1% |
| Bulk | $7.07B | $6.53B | $5.96B | $6.66B | $7.54B | $7.36B | $7.21B | $7.59B | 31% |
| Premium | $6.63B | $6.24B | $5.67B | $6.27B | $7.42B | $6.98B | $7.16B | $7.03B | 28.7% |
| Accessorial Revenues | $514M | $514M | $473M | $752M | $779M | $584M | $554M | $475M | 1.9% |
| Other | $934M | $951M | $809M | $808M | $937M | $964M | $885M | $815M | 3.3% |
| Total revenue | $22.83B | $21.71B | $19.53B | $21.8B | $24.88B | $24.12B | $24.25B | $24.51B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 26 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.