Company Dossier · Industrials
Union Pacific
- S&P 500
- S&P 100
- Russell 1000
What Union Pacific is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to June 30, 2026: $25.4 billion, up 4.2% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to June 30, 2026: $6.50 billion, up 3.8% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to June 30, 2026: $3.76 billion, up 4.4% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to December 31, 2025: $2.68 billion.SEC EDGAR filings (10-K)
- Long-term debt issued in the fiscal year to December 31, 2025: $2.00 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (July 23, 2026): sentiment 0.60 on a −1 to +1 scale (mixed), confidence 0.90 of 1.Palanor Discourse
- Latest annual report (filed February 6, 2026): 12 risk factors added, 0 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q2 2026: $8.8 million on the open market.SEC Form 4
- 2,900 institutional managers reported a position at June 30, 2026 (+116 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 1 (11 a year earlier).U.S. Department of Labor (OFLC)
Risk events (12 months): 2 — latest EPA enforcement case, Jun 12, 2026 →
Company Posture
How Company Posture is measured →What Union Pacific is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Steady · Mixed
Expanding ↔ Retrenching
Steady
- Capital spending63rd pct
- Debt raised8th pct
- Buybacks vs capex94th pct
- Hiring filings74th pct
- Deals and private raises48th pct
- Patent publications18th pct
Confident ↔ Hedging
Mixed
- Call sentiment56th pct
- Call confidence89th pct
- Guidance changes—
- Risk factors added6th pct
- Insider open-market trades44th pct
- + Call confidence
- − Risk factors added
- + Call sentiment
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver95th pct
- Stress filings50th pct
Credit
How these are built →Union Pacific's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Debt on the balance sheet
$30.3B
- Due within a year $1.3B
- Longer term $29.0B
- Default point $15.8B (short + ½ long)
Finance leases included · Jun 30, 2026 filing
Bonds priced, last 12 months
None
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
| Priced | Amount | Coupon | Matures | Spread | Yield |
|---|---|---|---|---|---|
| Feb 10, 2025 | $1B | 5.100% | 2035 (10y) | +65bp | 5.149% |
| Feb 10, 2025 | $1B | 5.600% | 2054 (30y) | +88bp | 5.603% |
From the pricing term sheets Union Pacific filed with the SEC. Spread is to the benchmark Treasury (or Bund, Gilt) at pricing.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Hiring and ownership
In the news
Headlines that name Union Pacific, with the publisher and a link. The tone is read from each headline’s own words, never from a summary of the article.
- NeutralUnion Pacific Stock: Not Too Late To Buy Now (NYSE:UNP)
seekingalpha.com · via Marketaux · Oct 10, 2026
- NeutralUnion Pacific CEO makes case for $85B Norfolk Southern merger amid pushback
foxbusiness.com · via Marketaux · Oct 6, 2026
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 21, 2026LobbyingLobbying report (EMERGENT STRATEGIES)third_quarter 2026 · $0.0 million
- Oct 20, 2026LobbyingLobbying report (FIERCE GOVERNMENT RELATIONS)third_quarter 2026 · $0.1 million
- Oct 20, 2026LobbyingLobbying report (STEWART STRATEGIES AND SOLUTIONS, LLC)third_quarter 2026 · $0.0 million
- Oct 19, 2026LobbyingLobbying report (UNION PACIFIC CORPORATION)third_quarter 2026 · $1.0 million
- Oct 19, 2026LobbyingLobbying report (AUSTIN LEGAL AND PUBLIC AFFAIRS PLLC)third_quarter 2026 · $0.1 million
- Oct 16, 20268-KDirector or officer changeItem 5.02
- Oct 6, 2026LobbyingLobbying report (SQUIRE PATTON BOGGS)third_quarter 2026 · $0.1 million
- Jul 20, 2026LobbyingLobbying report (AUSTIN LEGAL AND PUBLIC AFFAIRS PLLC)second_quarter 2026 · $0.1 million
- Jul 20, 2026LobbyingLobbying report (STEWART STRATEGIES AND SOLUTIONS, LLC)second_quarter 2026 · $0.0 million
- Jun 12, 2026Risk event
- May 18, 20268-KShareholder vote resultsItem 5.07
- Feb 6, 202610-KAnnual report (10-K)12 risk factors added, 0 removed
- Jan 26, 2026Risk event
- Dec 12, 20258-KDirector or officer changeItem 5.02
- Nov 17, 20258-KShareholder vote resultsItem 5.07
- Jul 29, 20258-KMaterial agreement signedItem 1.01
- May 9, 20258-KShareholder vote resultsItem 5.07
- May 9, 20258-KDirector or officer changeItem 5.02
- Feb 7, 202510-KAnnual report (10-K)0 risk factors added, 0 removed
- Nov 19, 2024Patent
- Aug 13, 2024Patent
- Feb 9, 202410-KAnnual report (10-K)0 risk factors added, 0 removed
- Oct 3, 2023Patent
- Feb 1, 2022Patent
- Jan 18, 2022Patent
Peers
Companies in the same sector in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| 3M MMM | $25.3B | $2.7B | Sep 30, 2026 |
| Waste Management WM | $25.7B | $3.6B | Jun 30, 2026 |
| Wesco International WCC | $25.0B | $0.2B | Jun 30, 2026 |
| Johnson Controls JCI | $24.4B | $2.7B | Mar 31, 2026 |
| Paccar PCAR | $27.8B | $3.7B | Jun 30, 2026 |
| Trane Technologies TT | $22.2B | $2.5B | Jun 30, 2026 |
| Automatic Data Processing ADP | $21.9B | — | Jun 30, 2026 |
| Carrier Global CARR | $21.9B | $1.7B | Mar 31, 2026 |