UNION PACIFIC CORP (UNP) Form 10-Q — Jul 23, 2026
Union Pacific reported second quarter 2026 operating revenues of $6.9 billion, a 12% increase from the prior year, driven by higher fuel surcharges, volume growth, and core pricing gains. Net income rose 6% to $2.0 billion, with diluted earnings per share reaching $3.36, compared to $3.15 in the second quarter of 2025. Operating performance remained solid as freight car velocity increased 5% and terminal dwell improved 7%, though the operating ratio deteriorated to 59.7% due to a 60% surge in average fuel prices per gallon. The company maintained a strong liquidity position with $1.6 billion in cash and equivalents and $2.0 billion available under its credit facility.
Key figures
- Eps
- 3.36
- Revenue
- 6864000000
- Net Income
- 1993000000
- Total Debt
- 30327000000
- Revenue Yoy
- 12%
- Cash Position
- 1614000000
- Operating Ratio
- 59.7%
- Average Fuel Price Per Gallon
- $3.86
- Freight Car Velocity Increase
- 5%
Price after filing
Close on the filing date to close N calendar days later (from $293.13). Historical, not a forecast.
AI analysis
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