Union Pacific annual shareholders’ equity
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Union Pacific Shareholders’ Equity Growth & History (UNP)
Union Pacific's shareholders’ equity was $18.47B for fiscal 2025.
View full Union Pacific company overviewUnion Pacific annual shareholders’ equity history
| Fiscal year | Period ended | Shareholders’ equity | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $18.47B | $1.58B | +9.34% |
| 2024 | 2024-12-31 | $16.89B | $2.10B | +14.21% |
| 2023 | 2023-12-31 | $14.79B | $2.63B | +21.58% |
| 2022 | 2022-12-31 | $12.16B | −$2.00B | −14.11% |
| 2021 | 2021-12-31 | $14.16B | −$2.80B | −16.49% |
| 2020 | 2020-12-31 | $16.96B | −$1.17B | −6.45% |
| 2019 | 2019-12-31 | $18.13B | −$2.29B | −11.24% |
| 2018 | 2018-12-31 | $20.42B | −$4.43B | −17.83% |
| 2017 | 2017-12-31 | $24.86B | $4.92B | +24.70% |
| 2016 | 2016-12-31 | $19.93B | −$770.0M | −3.72% |
| 2015 | 2015-12-31 | $20.70B | −$487.0M | −2.30% |
| 2014 | 2014-12-31 | $21.19B | −$36.0M | −0.17% |
| 2013 | 2013-12-31 | $21.23B | $1.35B | +6.78% |
| 2012 | 2012-12-31 | $19.88B | $1.30B | +6.99% |
| 2011 | 2011-12-31 | $18.58B | $815.0M | +4.59% |
| 2010 | 2010-12-31 | $17.76B | $962.0M | +5.73% |
| 2009 | 2009-12-31 | $16.80B | $1.35B | +8.77% |
| 2008 | 2008-12-31 | $15.45B | −$9.0M | −0.06% |
| 2007 | 2007-12-31 | $15.46B | — | — |
Union Pacific quarterly shareholders’ equity
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| Fiscal quarter | Period ended | Shareholders’ equity | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $20.67B | $4.42B | +27.16% |
| Q1 2026 | 2026-03-31 | $19.42B | $3.38B | +21.07% |
| Q4 2025 | 2025-12-31 | $18.47B | $1.58B | +9.34% |
| Q3 2025 | 2025-09-30 | $17.30B | $720.0M | +4.34% |
| Q2 2025 | 2025-06-30 | $16.26B | −$231.0M | −1.40% |
| Q1 2025 | 2025-03-31 | $16.04B | $374.0M | +2.39% |
| Q4 2024 | 2024-12-31 | $16.89B | $2.10B | +14.21% |
| Q3 2024 | 2024-09-30 | $16.58B | $2.58B | +18.42% |
| Q2 2024 | 2024-06-30 | $16.49B | $3.29B | +24.97% |
| Q1 2024 | 2024-03-31 | $15.66B | $3.21B | +25.78% |
| Q4 2023 | 2023-12-31 | $14.79B | $2.63B | +21.58% |
| Q3 2023 | 2023-09-30 | $14.00B | $2.26B | +19.25% |
| Q2 2023 | 2023-06-30 | $13.19B | $484.0M | +3.81% |
| Q1 2023 | 2023-03-31 | $12.45B | $557.0M | +4.68% |
| Q4 2022 | 2022-12-31 | $12.16B | −$2.00B | −14.11% |
| Q3 2022 | 2022-09-30 | $11.74B | −$2.17B | −15.62% |
| Q2 2022 | 2022-06-30 | $12.71B | −$1.59B | −11.14% |
| Q1 2022 | 2022-03-31 | $11.90B | −$4.36B | −26.81% |
| Q4 2021 | 2021-12-31 | $14.16B | −$2.80B | −16.49% |
| Q3 2021 | 2021-09-30 | $13.92B | −$3.28B | −19.08% |
| Q2 2021 | 2021-06-30 | $14.30B | −$2.15B | −13.06% |
| Q1 2021 | 2021-03-31 | $16.25B | $263.0M | +1.64% |
| Q4 2020 | 2020-12-31 | $16.96B | −$1.17B | −6.45% |
| Q3 2020 | 2020-09-30 | $17.20B | −$817.0M | −4.53% |
| Q2 2020 | 2020-06-30 | $16.45B | −$1.72B | −9.46% |
| Q1 2020 | 2020-03-31 | $15.99B | −$1.75B | −9.87% |
| Q4 2019 | 2019-12-31 | $18.13B | −$2.29B | −11.24% |
| Q3 2019 | 2019-09-30 | $18.02B | −$2.63B | −12.73% |
| Q2 2019 | 2019-06-30 | $18.17B | −$1.74B | −8.73% |
| Q1 2019 | 2019-03-31 | $17.74B | −$6.65B | −27.25% |
| Q4 2018 | 2018-12-31 | $20.42B | −$4.43B | −17.83% |
| Q3 2018 | 2018-09-30 | $20.64B | $1.49B | +7.80% |
| Q2 2018 | 2018-06-30 | $19.91B | $294.0M | +1.50% |
| Q1 2018 | 2018-03-31 | $24.39B | $4.67B | +23.66% |
| Q4 2017 | 2017-12-31 | $24.86B | $4.92B | +24.70% |
| Q3 2017 | 2017-09-30 | $19.15B | −$1.13B | −5.59% |
| Q2 2017 | 2017-06-30 | $19.61B | −$807.0M | −3.95% |
| Q1 2017 | 2017-03-31 | $19.72B | −$752.0M | −3.67% |
| Q4 2016 | 2016-12-31 | $19.93B | −$770.0M | −3.72% |
| Q3 2016 | 2016-09-30 | $20.28B | −$315.0M | −1.53% |
| Q2 2016 | 2016-06-30 | $20.42B | −$568.0M | −2.71% |
| Q1 2016 | 2016-03-31 | $20.48B | −$582.0M | −2.76% |
| Q4 2015 | 2015-12-31 | $20.70B | −$487.0M | −2.30% |
| Q3 2015 | 2015-09-30 | $20.60B | −$954.0M | −4.43% |
| Q2 2015 | 2015-06-30 | $20.99B | −$450.0M | −2.10% |
| Q1 2015 | 2015-03-31 | $21.06B | −$215.0M | −1.01% |
| Q4 2014 | 2014-12-31 | $21.19B | −$36.0M | −0.17% |
| Q3 2014 | 2014-09-30 | $21.55B | $779.0M | +3.75% |
| Q2 2014 | 2014-06-30 | $21.44B | $916.0M | +4.46% |
| Q1 2014 | 2014-03-31 | $21.27B | $1.13B | +5.60% |
| Q4 2013 | 2013-12-31 | $21.23B | $1.35B | +6.78% |
| Q3 2013 | 2013-09-30 | $20.77B | $1.23B | +6.27% |
| Q2 2013 | 2013-06-30 | $20.52B | $1.44B | +7.53% |
| Q1 2013 | 2013-03-31 | $20.14B | $1.39B | +7.41% |
| Q4 2012 | 2012-12-31 | $19.88B | $1.30B | +6.99% |
| Q3 2012 | 2012-09-30 | $19.55B | $984.0M | +5.30% |
| Q2 2012 | 2012-06-30 | $19.09B | $781.0M | +4.27% |
| Q1 2012 | 2012-03-31 | $18.75B | $709.0M | +3.93% |
| Q4 2011 | 2011-12-31 | $18.58B | $815.0M | +4.59% |
| Q3 2011 | 2011-09-30 | $18.57B | $1.13B | +6.48% |
| Q2 2011 | 2011-06-30 | $18.31B | $983.0M | +5.67% |
| Q1 2011 | 2011-03-31 | $18.05B | $833.0M | +4.84% |
| Q4 2010 | 2010-12-31 | $17.76B | $962.0M | +5.73% |
| Q3 2010 | 2010-09-30 | $17.44B | $1.01B | +6.13% |
| Q2 2010 | 2010-06-30 | $17.32B | $1.30B | +8.14% |
| Q1 2010 | 2010-03-31 | $17.21B | — | — |
| Q4 2009 | 2009-12-31 | $16.80B | $1.35B | +8.77% |
| Q3 2009 | 2009-09-30 | $16.43B | — | — |
| Q2 2009 | 2009-06-30 | $16.02B | — | — |
| Q4 2008 | 2008-12-31 | $15.45B | — | — |
Union Pacific shareholders’ equity trends
Over the last five fiscal years, Union Pacific's shareholders’ equity increased from $16.96B to $18.47B, a change of $1.51B. The latest reported quarter, Q2 2026, shows $20.67B.
About the metric
What shareholders’ equity means
Shareholders’ equity is the residual accounting value attributable to shareholders after liabilities are subtracted from assets. It can change through earnings, losses, dividends, share issuance, repurchases, and other comprehensive income.
Calculation and source
SEC-reported shareholders’ equity
TickerStat standardizes stockholders’ or shareholders’ equity reported in company SEC filings at each balance-sheet date. Negative equity is retained because it can be economically meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Union Pacific source filings ↗Community posts
Union Pacific grows earnings as freight volumes rise
Union Pacific ($UNP) reported third-quarter 2026 net income of $2.1 billion, up 16%, with GAAP earnings of $3.49 per share. Adjusted earnings increased 15% to $3.53. Revenue rose 15% to $7.2 billion as carloads increased 6%, supported by co ...
