Union Pacific (UNP) Capital Expenditures (2009 - 2026)
Union Pacific (UNP) reported Capital Expenditures of $873 million for Q2 2026, down 6.7% from $936 million a year earlier and down 6.8% from the prior quarter.
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Analysis
Union Pacific (UNP) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Union Pacific's Capital Expenditures came in at $3.76 billion, up 4.6% year-over-year; for FY2025, it was $3.79 billion, up 9.8% from FY2024.
- Capital Expenditures has a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $3.45 billion in FY2024 (-4.3%), $3.61 billion in FY2023 (-0.4%), $3.62 billion in FY2022 (+23.3%) and $2.94 billion in FY2021 (+0.3%).
- The Q2 2026 figure ranks as the lowest quarterly Capital Expenditures since Q3 2024.
- Year over year, Capital Expenditures gained in five of the last eight quarters, with growth averaging 1.5%.
- The high point for year-over-year Capital Expenditures in five years was Q1 2022 (growth of 58.2%); the low point was Q3 2024 (a decline of 14.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $937 million (Q1 2026), $999 million (Q4 2025) and $950 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 873.00 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 576.00 Mn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 547.98 Mn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 693.00 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 439.00 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 1.47 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | -786.00 Mn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 77.04 Mn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | -551.77 Mn |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 78.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 873.00 Mn |
| Mar 31, 2026 | 937.00 Mn |
| Dec 31, 2025 | 999.00 Mn |
| Sep 30, 2025 | 950.00 Mn |
| Jun 30, 2025 | 936.00 Mn |
| Mar 31, 2025 | 906.00 Mn |
| Dec 31, 2024 | 922.00 Mn |
| Sep 30, 2024 | 831.00 Mn |
| Jun 30, 2024 | 902.00 Mn |
| Mar 31, 2024 | 797.00 Mn |
| Dec 31, 2023 | 1.02 Bn |
| Sep 30, 2023 | 975.00 Mn |
| Jun 30, 2023 | 835.00 Mn |
| Mar 31, 2023 | 772.00 Mn |
| Dec 31, 2022 | 930.00 Mn |
| Sep 30, 2022 | 1.05 Bn |
| Jun 30, 2022 | 797.00 Mn |
| Mar 31, 2022 | 848.00 Mn |
| Dec 31, 2021 | 991.00 Mn |
| Sep 30, 2021 | 755.00 Mn |
API Access
Union Pacific Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=UNP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "UNP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=UNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();