Published
{
"ticker": "UNP",
"cik": "0000100885",
"company": "Union Pacific Corporation",
"business_type": "industrial",
"schema_template": "industrial (freight railroad): operating revenues (freight and other), operating expenses by category as the income statement prints them, operating income, other income, interest, income tax, net income, EPS and weighted shares; full balance sheet with total debt; operating, investing and financing cash flow with capital investments and free cash flow; dividends and share repurchases; freight revenue by commodity group; and railroad operating statistics (carloads, average revenue per car, ton-miles, operating ratio, employees)",
"reporting_currency": "USD",
"converted_to_usd": false,
"units": "actual US dollars (not millions); per-share amounts in dollars; share counts in actual shares; carloads, ton-miles and employees in actual units; operating ratio in percent; average revenue per car in dollars",
"units_notes_seen": {
"FY2025 10-K consolidated statements of income": "Millions, except per share amounts, for the years ended December 31 (weighted average share counts printed in millions)",
"FY2025 10-K consolidated statements of financial position": "Millions, except share and per share amounts as of December 31 (share counts in the common shares caption printed in actual shares)",
"FY2025 10-K consolidated statements of cash flows": "Millions, for the years ended December 31",
"FY2025 10-K consolidated statements of changes in common shareholders' equity": "Millions (share columns in millions; dividends per share printed in dollars in the row caption)",
"FY2025 10-K Note 1 revenue and segment expense table": "Millions",
"FY2025 10-K Note 8 earnings per share": "Millions, except per share amounts",
"FY2025 10-K Note 14 debt": "Millions",
"FY2025 10-K MD&A freight revenues, revenue carloads and average revenue per car": "Freight revenues Millions; Revenue carloads Thousands; average revenue per car in dollars",
"FY2025 10-K MD&A railroad performance measures": "units stated per row: gross and revenue ton-miles in billions, operating ratio in percent, employees as an average count",
"FY2025 10-K MD&A free cash flow reconciliation": "Millions",
"Q3 2026 10-Q condensed consolidated statements of income (three months and nine months)": "Millions, except per share amounts (weighted average share counts printed in millions)",
"Q3 2026 10-Q condensed consolidated statements of financial position": "Millions, except share and per share amounts",
"Q3 2026 10-Q condensed consolidated statements of cash flows": "Millions, for the nine months ended September 30",
"Q3 2026 10-Q condensed consolidated statements of changes in common shareholders' equity": "Millions (share columns in millions; dividends per share printed in dollars in the row caption)",
"Q3 2026 10-Q Note 3 revenue and segment expense table": "Millions",
"Q3 2026 10-Q MD&A revenue carloads and average revenue per car": "Revenue carloads Thousands; average revenue per car in dollars",
"Q3 2026 10-Q MD&A railroad performance measures": "units stated per row: gross and revenue ton-miles in billions, operating ratio in percent, employees as an average count",
"Q3 2026 10-Q MD&A free cash flow reconciliation": "Millions, for the nine months ended September 30",
"Q3 2026 earnings release non-GAAP reconciliation": "Millions, except per share amounts and percentages"
},
"adjustments": {
"splits_applied": [],
"adr_ratio": null,
"fx": "none; Union Pacific reports in US dollars"
},
"annual": [
{
"fiscal_year": 2025,
"label": "FY2025",
"period_start": "2025-01-01",
"period_end": "2025-12-31",
"period_type": "fiscal year",
"source_accession": "0000100885-26-000037",
"source_form": "10-K",
"income_statement": {
"freight_revenues": 23220000000,
"other_revenues": 1290000000,
"total_operating_revenues": 24510000000,
"compensation_and_benefits": 4897000000,
"purchased_services_and_materials": 2626000000,
"depreciation": 2465000000,
"fuel": 2390000000,
"equipment_and_other_rents": 912000000,
"other_operating_expenses": 1374000000,
"total_operating_expenses": 14664000000,
"operating_income": 9846000000,
"other_income_net": 629000000,
"interest_expense": -1309000000,
"income_before_income_taxes": 9166000000,
"income_tax_expense": -2028000000,
"net_income": 7138000000,
"basic_eps": 12,
"diluted_eps": 11.98,
"basic_shares": 595000000,
"diluted_shares": 595900000
},
"balance_sheet": {
"cash_and_cash_equivalents": 1266000000,
"short_term_investments": 250000000,
"accounts_receivable_net": 1860000000,
"materials_and_supplies": 787000000,
"other_current_assets": 392000000,
"total_current_assets": 4555000000,
"investments": 2885000000,
"properties_net": 59645000000,
"operating_lease_assets": 1036000000,
"other_assets": 1577000000,
"total_assets": 69698000000,
"accounts_payable_and_other_current_liabilities": 3494000000,
"debt_due_within_one_year": 1520000000,
"total_current_liabilities": 5014000000,
"debt_due_after_one_year": 30294000000,
"operating_lease_liabilities": 738000000,
"deferred_income_taxes": 13421000000,
"other_long_term_liabilities": 1764000000,
"total_liabilities": 51231000000,
"common_shares_at_par": 2783000000,
"paid_in_surplus": 5589000000,
"retained_earnings": 69529000000,
"treasury_stock": -58843000000,
"accumulated_other_comprehensive_loss": -591000000,
"total_shareholders_equity": 18467000000,
"total_liabilities_and_shareholders_equity": 69698000000,
"total_debt": 31814000000,
"common_shares_outstanding": 593245884
},
"cash_flow": {
"depreciation": 2465000000,
"operating_cash_flow": 9290000000,
"capital_expenditures": -3791000000,
"other_investing_activities_net": 29000000,
"investing_cash_flow": -3762000000,
"dividends_paid": -3236000000,
"share_repurchases": -2679000000,
"debt_issued": 1995000000,
"debt_repaid": -1428000000,
"other_financing_activities_net": 72000000,
"financing_cash_flow": -5276000000,
"net_change_in_cash_and_restricted_cash": 252000000,
"cash_and_restricted_cash_end_of_period": 1280000000,
"free_cash_flow": 5499000000,
"free_cash_flow_company_definition": 2292000000
},
"revenue_by_commodity_group": {
"bulk": 7586000000,
"industrial": 8604000000,
"premium": 7030000000,
"total_freight_revenues": 23220000000,
"other_subsidiary_revenues": 718000000,
"accessorial_revenues": 475000000,
"other": 97000000,
"total_operating_revenues": 24510000000
},
"operating_metrics": {
"operating_ratio_pct": 59.8,
"revenue_carloads": 8447000,
"revenue_carloads_bulk": 2056000,
"revenue_carloads_industrial": 2241000,
"revenue_carloads_premium": 4150000,
"revenue_carloads_intermodal": 3357000,
"average_revenue_per_car": 2749,
"gross_ton_miles": 873600000000,
"revenue_ton_miles": 426900000000,
"freight_car_velocity_daily_miles_per_car": 225,
"average_terminal_dwell_hours": 20.9,
"train_length_feet": 9678,
"workforce_productivity_car_miles_per_employee": 1132,
"average_employees": 29287
},
"dividends": {
"dividends_declared_per_share": 5.44,
"dividends_declared": 3237000000
}
},
{
"fiscal_year": 2024,
"label": "FY2024",
"period_start": "2024-01-01",
"period_end": "2024-12-31",
"period_type": "fiscal year",
"source_accession": "0000100885-26-000037",
"source_form": "10-K",
"income_statement": {
"freight_revenues": 22811000000,
"other_revenues": 1439000000,
"total_operating_revenues": 24250000000,
"compensation_and_benefits": 4899000000,
"purchased_services_and_materials": 2520000000,
"depreciation": 2398000000,
"fuel": 2474000000,
"equipment_and_other_rents": 920000000,
"other_operating_expenses": 1326000000,
"total_operating_expenses": 14537000000,
"operating_income": 9713000000,
"other_income_net": 350000000,
"interest_expense": -1269000000,
"income_before_income_taxes": 8794000000,
"income_tax_expense": -2047000000,
"net_income": 6747000000,
"basic_eps": 11.1,
"diluted_eps": 11.09,
"basic_shares": 607600000,
"diluted_shares": 608600000
},
"balance_sheet": {
"cash_and_cash_equivalents": 1016000000,
"short_term_investments": 20000000,
"accounts_receivable_net": 1894000000,
"materials_and_supplies": 769000000,
"other_current_assets": 322000000,
"total_current_assets": 4021000000,
"investments": 2664000000,
"properties_net": 58343000000,
"operating_lease_assets": 1297000000,
"other_assets": 1390000000,
"total_assets": 67715000000,
"accounts_payable_and_other_current_liabilities": 3829000000,
"debt_due_within_one_year": 1425000000,
"total_current_liabilities": 5254000000,
"debt_due_after_one_year": 29767000000,
"operating_lease_liabilities": 925000000,
"deferred_income_taxes": 13151000000,
"other_long_term_liabilities": 1728000000,
"total_liabilities": 50825000000,
"common_shares_at_par": 2783000000,
"paid_in_surplus": 5334000000,
"retained_earnings": 65628000000,
"treasury_stock": -56132000000,
"accumulated_other_comprehensive_loss": -723000000,
"total_shareholders_equity": 16890000000,
"total_liabilities_and_shareholders_equity": 67715000000,
"total_debt": 31192000000,
"common_shares_outstanding": 604241260
},
"cash_flow": {
"depreciation": 2398000000,
"operating_cash_flow": 9346000000,
"capital_expenditures": -3452000000,
"other_investing_activities_net": 127000000,
"investing_cash_flow": -3325000000,
"dividends_paid": -3213000000,
"share_repurchases": -1505000000,
"debt_issued": 800000000,
"debt_repaid": -2226000000,
"other_financing_activities_net": 77000000,
"financing_cash_flow": -6067000000,
"net_change_in_cash_and_restricted_cash": -46000000,
"cash_and_restricted_cash_end_of_period": 1028000000,
"free_cash_flow": 5894000000,
"free_cash_flow_company_definition": 2808000000
},
"revenue_by_commodity_group": {
"bulk": 7207000000,
"industrial": 8440000000,
"premium": 7164000000,
"total_freight_revenues": 22811000000,
"other_subsidiary_revenues": 788000000,
"accessorial_revenues": 554000000,
"other": 97000000,
"total_operating_revenues": 24250000000
},
"operating_metrics": {
"operating_ratio_pct": 59.9,
"revenue_carloads": 8334000,
"revenue_carloads_bulk": 1942000,
"revenue_carloads_industrial": 2211000,
"revenue_carloads_premium": 4181000,
"revenue_carloads_intermodal": 3357000,
"average_revenue_per_car": 2737,
"gross_ton_miles": 847400000000,
"revenue_ton_miles": 409700000000,
"freight_car_velocity_daily_miles_per_car": 208,
"average_terminal_dwell_hours": 22.6,
"train_length_feet": 9469,
"workforce_productivity_car_miles_per_employee": 1062,
"average_employees": 30336
},
"dividends": {
"dividends_declared_per_share": 5.28,
"dividends_declared": 3212000000
}
},
{
"fiscal_year": 2023,
"label": "FY2023",
"period_start": "2023-01-01",
"period_end": "2023-12-31",
"period_type": "fiscal year",
"source_accession": "0000100885-26-000037",
"source_form": "10-K",
"income_statement": {
"freight_revenues": 22571000000,
"other_revenues": 1548000000,
"total_operating_revenues": 24119000000,
"compensation_and_benefits": 4818000000,
"purchased_services_and_materials": 2616000000,
"depreciation": 2318000000,
"fuel": 2891000000,
"equipment_and_other_rents": 947000000,
"other_operating_expenses": 1447000000,
"total_operating_expenses": 15037000000,
"operating_income": 9082000000,
"other_income_net": 491000000,
"interest_expense": -1340000000,
"income_before_income_taxes": 8233000000,
"income_tax_expense": -1854000000,
"net_income": 6379000000,
"basic_eps": 10.47,
"diluted_eps": 10.45,
"basic_shares": 609200000,
"diluted_shares": 610200000
},
"cash_flow": {
"depreciation": 2318000000,
"operating_cash_flow": 8379000000,
"capital_expenditures": -3606000000,
"other_investing_activities_net": -61000000,
"investing_cash_flow": -3667000000,
"dividends_paid": -3173000000,
"share_repurchases": -705000000,
"debt_issued": 1599000000,
"debt_repaid": -2190000000,
"other_financing_activities_net": -156000000,
"financing_cash_flow": -4625000000,
"net_change_in_cash_and_restricted_cash": 87000000,
"cash_and_restricted_cash_end_of_period": 1074000000,
"free_cash_flow": 4773000000,
"free_cash_flow_company_definition": 1539000000
},
"revenue_by_commodity_group": {
"bulk": 7358000000,
"industrial": 8238000000,
"premium": 6975000000,
"total_freight_revenues": 22571000000,
"other_subsidiary_revenues": 872000000,
"accessorial_revenues": 584000000,
"other": 92000000,
"total_operating_revenues": 24119000000
},
"operating_metrics": {
"operating_ratio_pct": 62.3,
"revenue_carloads": 8112000,
"revenue_carloads_bulk": 2031000,
"revenue_carloads_industrial": 2233000,
"revenue_carloads_premium": 3848000,
"revenue_carloads_intermodal": 3028000,
"average_revenue_per_car": 2782,
"gross_ton_miles": 837500000000,
"revenue_ton_miles": 413300000000,
"freight_car_velocity_daily_miles_per_car": 204,
"average_terminal_dwell_hours": 23.4,
"train_length_feet": 9356,
"workforce_productivity_car_miles_per_employee": 1000,
"average_employees": 31490
},
"dividends": {
"dividends_declared_per_share": 5.2,
"dividends_declared": 3173000000
}
}
],
"quarterly": [
{
"label": "Q3 FY2026",
"fiscal_year": 2026,
"fiscal_quarter": 3,
"period_start": "2026-07-01",
"period_end": "2026-09-30",
"period_type": "three months",
"source_accession": "0000100885-26-000321",
"source_form": "10-Q",
"income_statement": {
"freight_revenues": 6813000000,
"other_revenues": 384000000,
"total_operating_revenues": 7197000000,
"compensation_and_benefits": 1264000000,
"purchased_services_and_materials": 746000000,
"depreciation": 643000000,
"fuel": 1040000000,
"equipment_and_other_rents": 206000000,
"other_operating_expenses": 355000000,
"total_operating_expenses": 4254000000,
"operating_income": 2943000000,
"other_income_net": 95000000,
"interest_expense": -312000000,
"income_before_income_taxes": 2726000000,
"income_tax_expense": -650000000,
"net_income": 2076000000,
"basic_eps": 3.5,
"diluted_eps": 3.49,
"basic_shares": 593700000,
"diluted_shares": 594500000
},
"balance_sheet": {
"cash_and_cash_equivalents": 2211000000,
"short_term_investments": 875000000,
"accounts_receivable_net": 2140000000,
"materials_and_supplies": 985000000,
"other_current_assets": 306000000,
"total_current_assets": 6517000000,
"investments": 3030000000,
"properties_net": 60626000000,
"operating_lease_assets": 801000000,
"other_assets": 1635000000,
"total_assets": 72609000000,
"accounts_payable_and_other_current_liabilities": 4316000000,
"debt_due_within_one_year": 1289000000,
"total_current_liabilities": 5605000000,
"debt_due_after_one_year": 29035000000,
"operating_lease_liabilities": 563000000,
"deferred_income_taxes": 13640000000,
"other_long_term_liabilities": 1748000000,
"total_liabilities": 50591000000,
"common_shares_at_par": 2783000000,
"paid_in_surplus": 5743000000,
"retained_earnings": 72816000000,
"treasury_stock": -58785000000,
"accumulated_other_comprehensive_loss": -539000000,
"total_shareholders_equity": 22018000000,
"total_liabilities_and_shareholders_equity": 72609000000,
"total_debt": 30324000000,
"common_shares_outstanding": 594223957
},
"revenue_by_commodity_group": {
"bulk": 2116000000,
"industrial": 2509000000,
"premium": 2188000000,
"total_freight_revenues": 6813000000,
"other_subsidiary_revenues": 201000000,
"accessorial_revenues": 157000000,
"other": 26000000,
"total_operating_revenues": 7197000000
},
"operating_metrics": {
"operating_ratio_pct": 59.1,
"revenue_carloads": 2293000,
"revenue_carloads_bulk": 529000,
"revenue_carloads_industrial": 606000,
"revenue_carloads_premium": 1158000,
"revenue_carloads_intermodal": 956000,
"average_revenue_per_car": 2971,
"gross_ton_miles": 232500000000,
"revenue_ton_miles": 114100000000,
"freight_car_velocity_daily_miles_per_car": 228,
"average_terminal_dwell_hours": 19.9,
"train_length_feet": 9969,
"workforce_productivity_car_miles_per_employee": 1219,
"average_employees": 28540
},
"non_gaap": {
"acquisition_related_expense": 22000000,
"adjusted_operating_expenses": 4232000000,
"adjusted_operating_income": 2965000000,
"adjusted_income_tax_expense": -650000000,
"adjusted_net_income": 2098000000,
"adjusted_diluted_eps": 3.53,
"adjusted_operating_ratio_pct": 58.8
},
"non_gaap_source_accession": "0000100885-26-000319",
"dividends": {
"dividends_declared_per_share": 1.42,
"dividends_declared": 844000000
}
},
{
"label": "Q3 FY2025",
"fiscal_year": 2025,
"fiscal_quarter": 3,
"period_start": "2025-07-01",
"period_end": "2025-09-30",
"period_type": "three months",
"source_accession": "0000100885-26-000321",
"source_form": "10-Q",
"income_statement": {
"freight_revenues": 5927000000,
"other_revenues": 317000000,
"total_operating_revenues": 6244000000,
"compensation_and_benefits": 1214000000,
"purchased_services_and_materials": 683000000,
"depreciation": 618000000,
"fuel": 616000000,
"equipment_and_other_rents": 212000000,
"other_operating_expenses": 352000000,
"total_operating_expenses": 3695000000,
"operating_income": 2549000000,
"other_income_net": 96000000,
"interest_expense": -327000000,
"income_before_income_taxes": 2318000000,
"income_tax_expense": -530000000,
"net_income": 1788000000,
"basic_eps": 3.02,
"diluted_eps": 3.01,
"basic_shares": 592400000,
"diluted_shares": 593200000
},
"revenue_by_commodity_group": {
"bulk": 1930000000,
"industrial": 2194000000,
"premium": 1803000000,
"total_freight_revenues": 5927000000,
"other_subsidiary_revenues": 172000000,
"accessorial_revenues": 124000000,
"other": 21000000,
"total_operating_revenues": 6244000000
},
"operating_metrics": {
"operating_ratio_pct": 59.2,
"revenue_carloads": 2163000,
"revenue_carloads_bulk": 530000,
"revenue_carloads_industrial": 574000,
"revenue_carloads_premium": 1059000,
"revenue_carloads_intermodal": 860000,
"average_revenue_per_car": 2740,
"gross_ton_miles": 223000000000,
"revenue_ton_miles": 108900000000,
"freight_car_velocity_daily_miles_per_car": 226,
"average_terminal_dwell_hours": 20.4,
"train_length_feet": 9801,
"workforce_productivity_car_miles_per_employee": 1165,
"average_employees": 28871
},
"non_gaap": {
"acquisition_related_expense": 41000000,
"adjusted_operating_expenses": 3654000000,
"adjusted_operating_income": 2590000000,
"adjusted_income_tax_expense": -530000000,
"adjusted_net_income": 1829000000,
"adjusted_diluted_eps": 3.08,
"adjusted_operating_ratio_pct": 58.5
},
"non_gaap_source_accession": "0000100885-26-000319",
"dividends": {
"dividends_declared_per_share": 1.38,
"dividends_declared": 819000000
}
}
],
"year_to_date": {
"label": "Nine months ended September 30, 2026",
"fiscal_year": 2026,
"period_start": "2026-01-01",
"period_end": "2026-09-30",
"period_type": "nine months",
"source_accession": "0000100885-26-000321",
"source_form": "10-Q",
"income_statement": {
"freight_revenues": 19224000000,
"other_revenues": 1054000000,
"total_operating_revenues": 20278000000,
"compensation_and_benefits": 3731000000,
"purchased_services_and_materials": 2128000000,
"depreciation": 1914000000,
"fuel": 2621000000,
"equipment_and_other_rents": 639000000,
"other_operating_expenses": 1081000000,
"total_operating_expenses": 12114000000,
"operating_income": 8164000000,
"other_income_net": 291000000,
"interest_expense": -945000000,
"income_before_income_taxes": 7510000000,
"income_tax_expense": -1740000000,
"net_income": 5770000000,
"basic_eps": 9.72,
"diluted_eps": 9.71,
"basic_shares": 593400000,
"diluted_shares": 594000000
},
"cash_flow": {
"depreciation": 1914000000,
"operating_cash_flow": 8302000000,
"capital_expenditures": -2834000000,
"other_investing_activities_net": 3000000,
"investing_cash_flow": -3456000000,
"dividends_paid": -2484000000,
"share_repurchases": -26000000,
"debt_issued": 0,
"debt_repaid": -1519000000,
"other_financing_activities_net": 121000000,
"financing_cash_flow": -3908000000,
"net_change_in_cash_and_restricted_cash": 938000000,
"cash_and_restricted_cash_end_of_period": 2218000000,
"purchases_of_short_term_investments": -975000000,
"maturities_of_short_term_investments": 350000000,
"free_cash_flow": 5468000000,
"free_cash_flow_company_definition": 2362000000
},
"revenue_by_commodity_group": {
"bulk": 6185000000,
"industrial": 7086000000,
"premium": 5953000000,
"total_freight_revenues": 19224000000,
"other_subsidiary_revenues": 570000000,
"accessorial_revenues": 412000000,
"other": 72000000,
"total_operating_revenues": 20278000000
},
"operating_metrics": {
"operating_ratio_pct": 59.7,
"revenue_carloads": 6539000,
"revenue_carloads_bulk": 1591000,
"revenue_carloads_industrial": 1752000,
"revenue_carloads_premium": 3196000,
"revenue_carloads_intermodal": 2601000,
"average_revenue_per_car": 2940,
"gross_ton_miles": 678300000000,
"revenue_ton_miles": 335500000000,
"freight_car_velocity_daily_miles_per_car": 231,
"average_terminal_dwell_hours": 19.8,
"train_length_feet": 9871,
"workforce_productivity_car_miles_per_employee": 1186,
"average_employees": 28658
},
"non_gaap": {
"acquisition_related_expense": 93000000,
"adjusted_operating_expenses": 12021000000,
"adjusted_operating_income": 8257000000,
"adjusted_income_tax_expense": -1740000000,
"adjusted_net_income": 5863000000,
"adjusted_diluted_eps": 9.87,
"adjusted_operating_ratio_pct": 59.3
},
"non_gaap_source_accession": "0000100885-26-000319",
"prior_year_comparative": {
"label": "Nine months ended September 30, 2025",
"fiscal_year": 2025,
"period_start": "2025-01-01",
"period_end": "2025-09-30",
"period_type": "nine months",
"source_accession": "0000100885-26-000321",
"source_form": "10-Q",
"income_statement": {
"freight_revenues": 17461000000,
"other_revenues": 964000000,
"total_operating_revenues": 18425000000,
"compensation_and_benefits": 3675000000,
"purchased_services_and_materials": 1956000000,
"depreciation": 1841000000,
"fuel": 1795000000,
"equipment_and_other_rents": 683000000,
"other_operating_expenses": 1030000000,
"total_operating_expenses": 10980000000,
"operating_income": 7445000000,
"other_income_net": 297000000,
"interest_expense": -984000000,
"income_before_income_taxes": 6758000000,
"income_tax_expense": -1468000000,
"net_income": 5290000000,
"basic_eps": 8.88,
"diluted_eps": 8.87,
"basic_shares": 595800000,
"diluted_shares": 596700000
},
"cash_flow": {
"depreciation": 1841000000,
"operating_cash_flow": 7065000000,
"capital_expenditures": -2792000000,
"other_investing_activities_net": 1000000,
"investing_cash_flow": -2791000000,
"dividends_paid": -2418000000,
"share_repurchases": -2679000000,
"debt_issued": 1995000000,
"debt_repaid": -1424000000,
"other_financing_activities_net": 54000000,
"financing_cash_flow": -4472000000,
"net_change_in_cash_and_restricted_cash": -198000000,
"cash_and_restricted_cash_end_of_period": 830000000,
"purchases_of_short_term_investments": 0,
"maturities_of_short_term_investments": 0,
"free_cash_flow": 4273000000,
"free_cash_flow_company_definition": 1856000000
},
"revenue_by_commodity_group": {
"bulk": 5667000000,
"industrial": 6488000000,
"premium": 5306000000,
"total_freight_revenues": 17461000000,
"other_subsidiary_revenues": 547000000,
"accessorial_revenues": 349000000,
"other": 68000000,
"total_operating_revenues": 18425000000
},
"operating_metrics": {
"operating_ratio_pct": 59.6,
"revenue_carloads": 6374000,
"revenue_carloads_bulk": 1540000,
"revenue_carloads_industrial": 1680000,
"revenue_carloads_premium": 3154000,
"revenue_carloads_intermodal": 2551000,
"average_revenue_per_car": 2740,
"gross_ton_miles": 656100000000,
"revenue_ton_miles": 320400000000,
"freight_car_velocity_daily_miles_per_car": 220,
"average_terminal_dwell_hours": 21.3,
"train_length_feet": 9661,
"workforce_productivity_car_miles_per_employee": 1126,
"average_employees": 29576
},
"non_gaap": {
"acquisition_related_expense": 42000000,
"adjusted_operating_expenses": 10883000000,
"adjusted_operating_income": 7542000000,
"adjusted_income_tax_expense": -1596000000,
"adjusted_net_income": 5259000000,
"adjusted_diluted_eps": 8.82,
"adjusted_operating_ratio_pct": 59.1,
"deferred_tax_adjustment_net_income_effect": -115000000,
"crew_staffing_agreement_charge": 55000000
},
"non_gaap_source_accession": "0000100885-26-000319",
"dividends": {
"dividends_declared_per_share": 4.06,
"dividends_declared": 2417000000
}
},
"dividends": {
"dividends_declared_per_share": 4.18,
"dividends_declared": 2483000000
}
},
"trailing_twelve_months": {
"label": "Twelve months ended September 30, 2026",
"period_start": "2025-10-01",
"period_end": "2026-09-30",
"period_type": "trailing twelve months (derived)",
"source_accession": "0000100885-26-000321",
"source_accessions": [
"0000100885-26-000037",
"0000100885-26-000321"
],
"derivation": "FY2025 (10-K) plus nine months 2026 less nine months 2025 (10-Q)",
"income_statement": {
"freight_revenues": 24983000000,
"other_revenues": 1380000000,
"total_operating_revenues": 26363000000,
"compensation_and_benefits": 4953000000,
"purchased_services_and_materials": 2798000000,
"depreciation": 2538000000,
"fuel": 3216000000,
"equipment_and_other_rents": 868000000,
"other_operating_expenses": 1425000000,
"total_operating_expenses": 15798000000,
"operating_income": 10565000000,
"other_income_net": 623000000,
"interest_expense": -1270000000,
"income_before_income_taxes": 9918000000,
"income_tax_expense": -2300000000,
"net_income": 7618000000
},
"cash_flow": {
"operating_cash_flow": 10527000000,
"capital_expenditures": -3833000000,
"investing_cash_flow": -4427000000,
"dividends_paid": -3302000000,
"free_cash_flow": 6694000000
}
},
"notes": [
"Template: freight railroad (industrial). Union Pacific does not report cost of revenue or gross profit. Its income statement lists operating expenses by category (compensation and benefits, purchased services and materials, depreciation, fuel, equipment and other rents, other), and this record follows that layout. Railroad operating statistics, including the operating ratio, are recorded alongside the statements.",
"Sources: fiscal years 2025, 2024 and 2023 come from the FY2025 10-K (accession 0000100885-26-000037). The 10-K prints three years of income statement and cash flow but balance sheets only at December 31, 2025 and 2024, so FY2023 carries no balance sheet. The third quarters of 2026 and 2025, the nine-month periods and the September 30, 2026 balance sheet come from the Q3 2026 10-Q (accession 0000100885-26-000321). The non-GAAP adjusted figures come from the third-quarter 2026 earnings release furnished as Exhibit 99.1 to the 8-K filed October 22, 2026 (accession 0000100885-26-000319). The GAAP figures that release prints match the 10-Q.",
"Signs follow the filings: amounts the statements print in parentheses are stored as negative numbers. This covers interest expense, income tax expense, capital investments, share repurchases, debt repaid, dividends paid, net cash used in investing and financing activities, treasury stock and accumulated other comprehensive loss. Dividends declared are stored as positive amounts.",
"capital_expenditures is the cash flow statement's 'Capital investments' line. For the first nine months of 2026 and 2025 it matches the 'Total cash capital investments' table in the 10-Q's MD&A ($2,834 million and $2,792 million). The 10-Q notes these include locomotive and freight car early lease buyouts of $320 million in 2026 and $311 million in 2025.",
"free_cash_flow is cash provided by operating activities less capital investments. Union Pacific defines its own non-GAAP 'free cash flow' differently: cash provided by operating activities, less cash used in investing activities, less dividends paid. That figure is recorded separately as free_cash_flow_company_definition, as the filings print it: $2,292 million, $2,808 million and $1,539 million for 2025, 2024 and 2023, and $2,362 million and $1,856 million for the first nine months of 2026 and 2025.",
"total_debt is debt due within one year plus debt due after one year, as the balance sheet shows them. It matches total debt in Note 14 of the 10-K ($31,814 million at December 31, 2025; $31,192 million at December 31, 2024) and the debt figure in the 10-Q's MD&A ($30,324 million at September 30, 2026). Operating lease liabilities are not included.",
"total_shareholders_equity is the line the filings print as 'Total common shareholders' equity'. Union Pacific has no preferred stock or noncontrolling interests on its balance sheet, so this is all of its equity. common_shares_outstanding is the outstanding count printed in the common shares caption of the balance sheet.",
"The 10-Q's cash flow statement covers only the nine months ended September 30, and the earnings release also prints nine-month cash flows only. The quarterly entries therefore carry no cash flow figures. Cash flows appear in the annual, nine-month (year_to_date) and trailing-twelve-month blocks.",
"The 10-Q compares the September 30, 2026 balance sheet with December 31, 2025, not with September 30, 2025, so the Q3 FY2025 entry has no balance sheet. The December 31, 2025 figures the 10-Q prints match the FY2025 10-K line for line.",
"The trailing twelve months to September 30, 2026 are derived as fiscal 2025 (10-K) plus the nine months ended September 30, 2026, less the nine months ended September 30, 2025 (both from the 10-Q). The 10-Q's MD&A uses the same method and prints matching trailing-twelve-month figures for net income ($7,618 million), income tax expense ($2,300 million), depreciation ($2,538 million), interest expense ($1,270 million) and other income ($623 million). Neither filing prints per-share figures for this period, so the block has none.",
"Dividends declared and dividends declared per share come from the statements of changes in common shareholders' equity, which print the per-share amount in the row caption. The 10-Q says the quarterly dividend increased from $1.38 to $1.42 per share in the third quarter of 2026.",
"revenue_by_commodity_group is the revenue table in Note 1 of the 10-K and Note 3 of the 10-Q. Freight revenues are split into Bulk, Industrial and Premium, and the other revenue lines are listed beside them. The railroad is Union Pacific's one reportable segment, so these are revenue categories, not segments. In the operating statistics, intermodal carloads are part of Premium, and each intermodal container or trailer counts as one carload.",
"operating_metrics come from the MD&A railroad performance and revenue tables of each filing. The operating ratio is operating expenses as a percentage of operating revenues, as the filings print it. It agrees, to one decimal place, with the income statement figures recorded here. Carloads, printed in thousands, and ton-miles, printed in billions, are stored in actual units. Average revenue per car is in dollars.",
"The non_gaap block in each quarterly and nine-month entry holds Union Pacific's adjusted results as reconciled in its earnings release. The adjustment in every period shown is acquisition-related expense for the pending acquisition of Norfolk Southern: $22 million in Q3 2026, $41 million in Q3 2025, $93 million in the first nine months of 2026 and $42 million in the first nine months of 2025. The release shows no tax effect on this expense and says certain acquisition-related costs are non-deductible. The nine months of 2025 also exclude a $115 million reduction in deferred tax expense from Kansas tax legislation and a $55 million crew staffing agreement ratification charge ($42 million after tax). These adjusted figures are company-defined non-GAAP measures and are not part of the 10-Q's financial statements.",
"No stock split occurred in the periods covered, and Union Pacific's shares are not ADRs, so per-share figures are stated as filed with no adjustment."
],
"uncertainties": [
"No three-month cash flow figures are recorded for either third quarter. Neither the 10-Q nor the earnings release prints them, and deriving them would need six-month figures that neither filing contains.",
"The nine-month 2026 cash flow statement shows a $26 million outflow under 'Share repurchase programs', while Note 16 of the 10-Q reports no shares repurchased in 2026. The filing does not break that amount down. It is recorded as printed."
],
"headline": {
"period": "Q3 FY2026",
"period_end_words": "September 30, 2026",
"metrics": [
{
"label": "Revenue",
"format": "usd",
"value": 7197000000,
"text": "$7.20 billion",
"exact": "$7,197,000,000",
"compact": "$7.20B",
"abs": "$7.20 billion",
"prior_value": 6244000000,
"prior": "$6.24 billion",
"priorabs": "$6.24 billion",
"yoy": "up 15.3%",
"source": {
"array": "quarterly",
"field": "income_statement.total_operating_revenues",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-09-30",
"period_start": "2026-07-01",
"span_days": 91,
"source_accession": "0000100885-26-000321",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-09-30",
"prior_period_start": "2025-07-01",
"prior_span_days": 91,
"prior_source_accession": "0000100885-26-000321",
"gap_days": 365
}
},
{
"label": "Net income",
"format": "usd",
"value": 2076000000,
"text": "$2.08 billion",
"exact": "$2,076,000,000",
"compact": "$2.08B",
"abs": "$2.08 billion",
"prior_value": 1788000000,
"prior": "$1.79 billion",
"priorabs": "$1.79 billion",
"yoy": "up 16.1%",
"source": {
"array": "quarterly",
"field": "income_statement.net_income",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-09-30",
"period_start": "2026-07-01",
"span_days": 91,
"source_accession": "0000100885-26-000321",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-09-30",
"prior_period_start": "2025-07-01",
"prior_span_days": 91,
"prior_source_accession": "0000100885-26-000321",
"gap_days": 365
}
},
{
"label": "Diluted EPS",
"format": "eps",
"value": 3.49,
"text": "$3.49",
"exact": "$3.49",
"compact": "$3.49",
"abs": "$3.49",
"prior_value": 3.01,
"prior": "$3.01",
"priorabs": "$3.01",
"yoy": "up 15.9%",
"source": {
"array": "quarterly",
"field": "income_statement.diluted_eps",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-09-30",
"period_start": "2026-07-01",
"span_days": 91,
"source_accession": "0000100885-26-000321",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-09-30",
"prior_period_start": "2025-07-01",
"prior_span_days": 91,
"prior_source_accession": "0000100885-26-000321",
"gap_days": 365
}
},
{
"label": "Operating ratio",
"format": "pct",
"value": 59.1,
"text": "59.1%",
"exact": "59.1%",
"compact": "59.1%",
"abs": "59.1%",
"prior_value": 59.2,
"prior": "59.2%",
"priorabs": "59.2%",
"yoy": "down 0.1 points",
"source": {
"array": "quarterly",
"field": "operating_metrics.operating_ratio_pct",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-09-30",
"period_start": "2026-07-01",
"span_days": 91,
"source_accession": "0000100885-26-000321",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-09-30",
"prior_period_start": "2025-07-01",
"prior_span_days": 91,
"prior_source_accession": "0000100885-26-000321",
"gap_days": 365
}
},
{
"label": "Adjusted operating ratio",
"format": "pct",
"value": 58.8,
"text": "58.8%",
"exact": "58.8%",
"compact": "58.8%",
"abs": "58.8%",
"prior_value": 58.5,
"prior": "58.5%",
"priorabs": "58.5%",
"yoy": "up 0.3 points",
"source": {
"array": "quarterly",
"field": "non_gaap.adjusted_operating_ratio_pct",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-09-30",
"period_start": "2026-07-01",
"span_days": 91,
"source_accession": "0000100885-26-000319",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-09-30",
"prior_period_start": "2025-07-01",
"prior_span_days": 91,
"prior_source_accession": "0000100885-26-000319",
"gap_days": 365
}
}
],
"summary": "Union Pacific reported $7.20 billion in total operating revenues for Q3 FY2026, the quarter ended September 30, 2026, up 15.3% from a year earlier, and net income of $2.08 billion, up 16.1%, or $3.49 per diluted share against $3.01. Higher fuel surcharge revenue as diesel prices climbed drove much of the revenue gain, together with more carloads and core pricing, while fuel expense rose with it. The operating ratio was 59.1%, down 0.1 points from a year earlier, an improvement Union Pacific credited to volume growth, core pricing gains, productivity and lower costs tied to the pending acquisition of Norfolk Southern, which together offset higher fuel costs and inflation; excluding those acquisition costs, the adjusted operating ratio was 58.8%, up 0.3 points, and the company said higher fuel prices pushed its operating ratio up while its core business improved it.",
"qa": [
{
"q": "How much revenue did Union Pacific make in Q3 FY2026?",
"a": "Union Pacific reported total operating revenues of $7.20 billion for Q3 FY2026, the quarter ended September 30, 2026, up 15.3% from $6.24 billion a year earlier. Higher fuel surcharges, more carloads and core pricing drove the increase."
},
{
"q": "What was Union Pacific's net income in Q3 FY2026?",
"a": "Union Pacific earned net income of $2.08 billion in Q3 FY2026, the quarter ended September 30, 2026, up 16.1% from $1.79 billion in the same quarter a year earlier."
},
{
"q": "What were Union Pacific's earnings per share in Q3 FY2026?",
"a": "Union Pacific earned $3.49 per diluted share in Q3 FY2026, the quarter ended September 30, 2026, compared with $3.01 in the same quarter a year earlier."
},
{
"q": "What was Union Pacific's operating ratio in Q3 FY2026?",
"a": "Union Pacific's operating ratio, operating expenses as a share of operating revenues, was 59.1% in Q3 FY2026, compared with 59.2% a year earlier; a lower ratio means a more efficient railroad. Excluding acquisition-related costs, the adjusted operating ratio was 58.8% against 58.5%, up 0.3 points. Union Pacific said record locomotive fuel prices pushed its operating ratio up and that its core business improved the ratio."
}
]
},
"company_details": {
"Name": "Union Pacific Corp",
"Ticker": "UNP",
"CIK": "0000100885",
"Exchange": "NYSE",
"State": "Nebraska",
"Incorporation": "Utah",
"SIC": "4011",
"Office": "Energy & Transportation",
"Industry": "Railroads, Line-Haul Operating"
},
"next_filing": {
"predicted_date": "2027-02-05",
"predicted_type": "10-K"
},
"fiscal_period": {
"fiscal_year": 2026,
"fiscal_period": "Q3",
"tag": "FY26Q3",
"period_end": "2026-09-30",
"form": "10-Q",
"accession": "0000100885-26-000321",
"fiscal_year_end": "1231",
"source": "facts"
},
"source_filings": [
{
"role": "annual",
"current": false,
"form": "10-K",
"fiscal_year": 2025,
"fiscal_period": "FY",
"tag": "FY25",
"period_end": "2025-12-31",
"filed": "2026-02-06",
"accession": "0000100885-26-000037",
"url": "https://www.sec.gov/Archives/edgar/data/100885/000010088526000037/unp-20251231.htm",
"source": "reported"
},
{
"role": "quarterly",
"current": true,
"form": "10-Q",
"fiscal_year": 2026,
"fiscal_period": "Q3",
"tag": "FY26Q3",
"period_end": "2026-09-30",
"filed": "2026-10-22",
"accession": "0000100885-26-000321",
"url": "https://www.sec.gov/Archives/edgar/data/100885/000010088526000321/unp-20260930.htm",
"source": "facts"
}
],
"figure_sources": {
"about": "Where each figure in this file is printed in its SEC filing. This block mirrors the paths of the figures: figure_sources.annual[0].income_statement.net_income is the source of annual[0].income_statement.net_income. Each entry reads '<document>#<anchor>', and the link is documents[<document>] + '#<anchor>': it opens the filing at the line that prints that number. A figure with no entry is not printed in a tagged filing, either because it was calculated (margins, free cash flow, trailing twelve months, a quarter derived by subtraction) or because it comes from an untagged earnings release.",
"documents": {
"d1": "https://www.sec.gov/Archives/edgar/data/100885/000010088526000037/unp-20251231.htm",
"d2": "https://www.sec.gov/Archives/edgar/data/100885/000010088526000321/unp-20260930.htm"
},
"annual": [
{
"period_end": "2025-12-31",
"income_statement": {
"freight_revenues": "d1#f-54",
"other_revenues": "d1#f-57",
"total_operating_revenues": "d1#f-60",
"compensation_and_benefits": "d1#f-63",
"purchased_services_and_materials": "d1#f-66",
"depreciation": "d1#f-69",
"fuel": "d1#f-72",
"equipment_and_other_rents": "d1#f-75",
"other_operating_expenses": "d1#f-78",
"total_operating_expenses": "d1#f-81",
"operating_income": "d1#f-84",
"other_income_net": "d1#f-87",
"interest_expense": "d1#f-90",
"income_before_income_taxes": "d1#f-93",
"income_tax_expense": "d1#f-96",
"net_income": "d1#f-99",
"basic_eps": "d1#f-102",
"diluted_eps": "d1#f-105",
"basic_shares": "d1#f-108",
"diluted_shares": "d1#f-111"
},
"balance_sheet": {
"cash_and_cash_equivalents": "d1#f-135",
"short_term_investments": "d1#f-137",
"accounts_receivable_net": "d1#f-139",
"materials_and_supplies": "d1#f-141",
"other_current_assets": "d1#f-143",
"total_current_assets": "d1#f-145",
"investments": "d1#f-147",
"properties_net": "d1#f-149",
"operating_lease_assets": "d1#f-151",
"other_assets": "d1#f-153",
"total_assets": "d1#f-155",
"accounts_payable_and_other_current_liabilities": "d1#f-157",
"debt_due_within_one_year": "d1#f-159",
"total_current_liabilities": "d1#f-161",
"debt_due_after_one_year": "d1#f-163",
"operating_lease_liabilities": "d1#f-165",
"deferred_income_taxes": "d1#f-167",
"other_long_term_liabilities": "d1#f-169",
"total_liabilities": "d1#f-173",
"common_shares_at_par": "d1#f-183",
"paid_in_surplus": "d1#f-185",
"retained_earnings": "d1#f-187",
"treasury_stock": "d1#f-189",
"accumulated_other_comprehensive_loss": "d1#f-191",
"total_shareholders_equity": "d1#f-193",
"total_liabilities_and_shareholders_equity": "d1#f-195",
"total_debt": "d1#f-1215",
"common_shares_outstanding": "d1#f-181"
},
"cash_flow": {
"depreciation": "d1#f-200",
"operating_cash_flow": "d1#f-224",
"capital_expenditures": "d1#f-227",
"other_investing_activities_net": "d1#f-230",
"investing_cash_flow": "d1#f-233",
"dividends_paid": "d1#f-236",
"share_repurchases": "d1#f-239",
"debt_issued": "d1#f-242",
"debt_repaid": "d1#f-245",
"other_financing_activities_net": "d1#f-248",
"financing_cash_flow": "d1#f-251",
"net_change_in_cash_and_restricted_cash": "d1#f-254",
"cash_and_restricted_cash_end_of_period": "d1#f-260"
},
"revenue_by_commodity_group": {
"bulk": "d1#f-370",
"industrial": "d1#f-373",
"premium": "d1#f-376",
"total_freight_revenues": "d1#f-54",
"other_subsidiary_revenues": "d1#f-382",
"accessorial_revenues": "d1#f-385",
"other": "d1#f-388",
"total_operating_revenues": "d1#f-60"
},
"dividends": {
"dividends_declared_per_share": "d1#f-350",
"dividends_declared": "d1#f-352"
}
},
{
"period_end": "2024-12-31",
"income_statement": {
"freight_revenues": "d1#f-55",
"other_revenues": "d1#f-58",
"total_operating_revenues": "d1#f-61",
"compensation_and_benefits": "d1#f-64",
"purchased_services_and_materials": "d1#f-67",
"depreciation": "d1#f-70",
"fuel": "d1#f-73",
"equipment_and_other_rents": "d1#f-76",
"other_operating_expenses": "d1#f-79",
"total_operating_expenses": "d1#f-82",
"operating_income": "d1#f-85",
"other_income_net": "d1#f-88",
"interest_expense": "d1#f-91",
"income_before_income_taxes": "d1#f-94",
"income_tax_expense": "d1#f-97",
"net_income": "d1#f-100",
"basic_eps": "d1#f-103",
"diluted_eps": "d1#f-106",
"basic_shares": "d1#f-109",
"diluted_shares": "d1#f-112"
},
"balance_sheet": {
"cash_and_cash_equivalents": "d1#f-136",
"short_term_investments": "d1#f-138",
"accounts_receivable_net": "d1#f-140",
"materials_and_supplies": "d1#f-142",
"other_current_assets": "d1#f-144",
"total_current_assets": "d1#f-146",
"investments": "d1#f-148",
"properties_net": "d1#f-150",
"operating_lease_assets": "d1#f-152",
"other_assets": "d1#f-154",
"total_assets": "d1#f-156",
"accounts_payable_and_other_current_liabilities": "d1#f-158",
"debt_due_within_one_year": "d1#f-160",
"total_current_liabilities": "d1#f-162",
"debt_due_after_one_year": "d1#f-164",
"operating_lease_liabilities": "d1#f-166",
"deferred_income_taxes": "d1#f-168",
"other_long_term_liabilities": "d1#f-170",
"total_liabilities": "d1#f-174",
"common_shares_at_par": "d1#f-184",
"paid_in_surplus": "d1#f-186",
"retained_earnings": "d1#f-188",
"treasury_stock": "d1#f-190",
"accumulated_other_comprehensive_loss": "d1#f-192",
"total_shareholders_equity": "d1#f-194",
"total_liabilities_and_shareholders_equity": "d1#f-196",
"total_debt": "d1#f-1199",
"common_shares_outstanding": "d1#f-182"
},
"cash_flow": {
"depreciation": "d1#f-201",
"operating_cash_flow": "d1#f-225",
"capital_expenditures": "d1#f-228",
"other_investing_activities_net": "d1#f-231",
"investing_cash_flow": "d1#f-234",
"dividends_paid": "d1#f-237",
"share_repurchases": "d1#f-240",
"debt_issued": "d1#f-243",
"debt_repaid": "d1#f-246",
"other_financing_activities_net": "d1#f-249",
"financing_cash_flow": "d1#f-252",
"net_change_in_cash_and_restricted_cash": "d1#f-255",
"cash_and_restricted_cash_end_of_period": "d1#f-257"
},
"revenue_by_commodity_group": {
"bulk": "d1#f-371",
"industrial": "d1#f-374",
"premium": "d1#f-377",
"total_freight_revenues": "d1#f-55",
"other_subsidiary_revenues": "d1#f-383",
"accessorial_revenues": "d1#f-386",
"other": "d1#f-389",
"total_operating_revenues": "d1#f-61"
},
"dividends": {
"dividends_declared_per_share": "d1#f-326",
"dividends_declared": "d1#f-328"
}
},
{
"period_end": "2023-12-31",
"income_statement": {
"freight_revenues": "d1#f-56",
"other_revenues": "d1#f-59",
"total_operating_revenues": "d1#f-62",
"compensation_and_benefits": "d1#f-65",
"purchased_services_and_materials": "d1#f-68",
"depreciation": "d1#f-71",
"fuel": "d1#f-74",
"equipment_and_other_rents": "d1#f-77",
"other_operating_expenses": "d1#f-80",
"total_operating_expenses": "d1#f-83",
"operating_income": "d1#f-86",
"other_income_net": "d1#f-89",
"interest_expense": "d1#f-92",
"income_before_income_taxes": "d1#f-95",
"income_tax_expense": "d1#f-98",
"net_income": "d1#f-101",
"basic_eps": "d1#f-104",
"diluted_eps": "d1#f-107",
"basic_shares": "d1#f-110",
"diluted_shares": "d1#f-113"
},
"cash_flow": {
"depreciation": "d1#f-202",
"operating_cash_flow": "d1#f-226",
"capital_expenditures": "d1#f-229",
"other_investing_activities_net": "d1#f-232",
"investing_cash_flow": "d1#f-235",
"dividends_paid": "d1#f-238",
"share_repurchases": "d1#f-241",
"debt_issued": "d1#f-244",
"debt_repaid": "d1#f-247",
"other_financing_activities_net": "d1#f-250",
"financing_cash_flow": "d1#f-253",
"net_change_in_cash_and_restricted_cash": "d1#f-256",
"cash_and_restricted_cash_end_of_period": "d1#f-258"
},
"revenue_by_commodity_group": {
"bulk": "d1#f-372",
"industrial": "d1#f-375",
"premium": "d1#f-378",
"total_freight_revenues": "d1#f-56",
"other_subsidiary_revenues": "d1#f-384",
"accessorial_revenues": "d1#f-387",
"other": "d1#f-390",
"total_operating_revenues": "d1#f-62"
},
"dividends": {
"dividends_declared_per_share": "d1#f-302",
"dividends_declared": "d1#f-238"
}
}
],
"quarterly": [
{
"period_end": "2026-09-30",
"income_statement": {
"freight_revenues": "d2#f-30",
"other_revenues": "d2#f-32",
"total_operating_revenues": "d2#f-34",
"compensation_and_benefits": "d2#f-36",
"purchased_services_and_materials": "d2#f-40",
"depreciation": "d2#f-42",
"fuel": "d2#f-38",
"equipment_and_other_rents": "d2#f-44",
"other_operating_expenses": "d2#f-46",
"total_operating_expenses": "d2#f-48",
"operating_income": "d2#f-50",
"other_income_net": "d2#f-52",
"interest_expense": "d2#f-54",
"income_before_income_taxes": "d2#f-56",
"income_tax_expense": "d2#f-58",
"net_income": "d2#f-60",
"basic_eps": "d2#f-62",
"diluted_eps": "d2#f-64",
"basic_shares": "d2#f-66",
"diluted_shares": "d2#f-68"
},
"balance_sheet": {
"cash_and_cash_equivalents": "d2#f-138",
"short_term_investments": "d2#f-140",
"accounts_receivable_net": "d2#f-142",
"materials_and_supplies": "d2#f-144",
"other_current_assets": "d2#f-146",
"total_current_assets": "d2#f-148",
"investments": "d2#f-150",
"properties_net": "d2#f-152",
"operating_lease_assets": "d2#f-154",
"other_assets": "d2#f-156",
"total_assets": "d2#f-158",
"accounts_payable_and_other_current_liabilities": "d2#f-160",
"debt_due_within_one_year": "d2#f-162",
"total_current_liabilities": "d2#f-164",
"debt_due_after_one_year": "d2#f-166",
"operating_lease_liabilities": "d2#f-168",
"deferred_income_taxes": "d2#f-170",
"other_long_term_liabilities": "d2#f-172",
"total_liabilities": "d2#f-176",
"common_shares_at_par": "d2#f-186",
"paid_in_surplus": "d2#f-188",
"retained_earnings": "d2#f-190",
"treasury_stock": "d2#f-192",
"accumulated_other_comprehensive_loss": "d2#f-194",
"total_shareholders_equity": "d2#f-196",
"total_liabilities_and_shareholders_equity": "d2#f-198",
"common_shares_outstanding": "d2#f-184"
},
"revenue_by_commodity_group": {
"bulk": "d2#f-390",
"industrial": "d2#f-394",
"premium": "d2#f-398",
"total_freight_revenues": "d2#f-30",
"other_subsidiary_revenues": "d2#f-406",
"accessorial_revenues": "d2#f-410",
"other": "d2#f-614",
"total_operating_revenues": "d2#f-34"
},
"non_gaap": {
"acquisition_related_expense": "d2#f-434",
"adjusted_income_tax_expense": "d2#f-58"
},
"dividends": {
"dividends_declared_per_share": "d2#f-307",
"dividends_declared": "d2#f-309"
}
},
{
"period_end": "2025-09-30",
"income_statement": {
"freight_revenues": "d2#f-31",
"other_revenues": "d2#f-33",
"total_operating_revenues": "d2#f-35",
"compensation_and_benefits": "d2#f-37",
"purchased_services_and_materials": "d2#f-41",
"depreciation": "d2#f-43",
"fuel": "d2#f-39",
"equipment_and_other_rents": "d2#f-45",
"other_operating_expenses": "d2#f-47",
"total_operating_expenses": "d2#f-49",
"operating_income": "d2#f-51",
"other_income_net": "d2#f-53",
"interest_expense": "d2#f-55",
"income_before_income_taxes": "d2#f-57",
"income_tax_expense": "d2#f-59",
"net_income": "d2#f-61",
"basic_eps": "d2#f-63",
"diluted_eps": "d2#f-65",
"basic_shares": "d2#f-67",
"diluted_shares": "d2#f-69"
},
"revenue_by_commodity_group": {
"bulk": "d2#f-391",
"industrial": "d2#f-395",
"premium": "d2#f-399",
"total_freight_revenues": "d2#f-31",
"other_subsidiary_revenues": "d2#f-407",
"accessorial_revenues": "d2#f-411",
"other": "d2#f-75",
"total_operating_revenues": "d2#f-35"
},
"non_gaap": {
"acquisition_related_expense": "d2#f-435",
"adjusted_income_tax_expense": "d2#f-59"
},
"dividends": {
"dividends_declared_per_share": "d2#f-279",
"dividends_declared": "d2#f-281"
}
}
]
}
}