Union Pacific Corporation
UNP Industrials Railroads
Union Pacific Corporation’s revenue for fiscal 2025 (year ended December 2025) was $24.5 billion, up 1.07% from fiscal 2024. In the quarter to June 2026, revenue grew 11.5%, EPS grew 6.33%, free cash flow grew 57.7% and total debt fell 7.58%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
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Union Pacific Corporation (UNP) Shares outstanding
Union Pacific Corporation's shares outstanding at the end of fiscal 2025 was $595.9M, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $594.0M. Over the past ten years it has ranged from $595.9M (fiscal 2025) to $869.4M (fiscal 2015) — the current reading is the lowest in ten years. Union Pacific Corporation ranks 3rd of 11 Railroads companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $595.9M | (2.09%) |
| FY2024 | $608.6M | (0.26%) |
| FY2023 | $610.2M | (2.21%) |
| FY2022 | $624.0M | (4.79%) |
| FY2021 | $655.4M | (3.49%) |
| FY2020 | $679.1M | (3.82%) |
| FY2019 | $706.1M | (6.39%) |
| FY2018 | $754.3M | (5.91%) |
| FY2017 | $801.7M | (4.03%) |
| FY2016 | $835.4M | (3.91%) |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $594.0M | 0.07% |
| Mar 2026 | $593.6M | (0.39%) |
| Dec 2025 | $595.9M | 0.46% |
| Sep 2025 | $593.2M | (0.27%) |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| CSX CSX Corporation compare | $1.9B |
| CP Canadian Pacific Kansas City Limited compare | $887.1M |
| UNP Union Pacific Corporation | $594.0M |
| NSC Norfolk Southern Corporation compare | $225.0M |
| WAB Wabtec compare | $169.6M |
| TRN Trinity Industries, Inc. compare | $81.6M |
| RAIL Freightcar America, Inc. compare | $31.9M |
| GBX Greenbrier Companies, Inc. (The) compare | $31.7M |
| FSTR L.B. Foster Company compare | $10.6M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
More on UNP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement