Union Pacific (UNP) Capital Expenditures (2009 - 2026)
Union Pacific (UNP) reported Capital Expenditures of $1.02 billion for Q3 2026, up 7.8% from $950 million a year earlier and up 17.3% from the prior quarter.
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Analysis
Union Pacific (UNP) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Union Pacific's Capital Expenditures came in at $3.83 billion, up 3.2% 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%).
- Five-year quarterly Capital Expenditures spans a low of $772 million in Q1 2023 and a high of $1.05 billion in Q3 2022.
- Year over year, Capital Expenditures gained in six of the last eight quarters, with growth averaging 4.3%.
- 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 Q3 2026 came in at $873 million (Q2 2026), $937 million (Q1 2026) and $999 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 1.02 Bn |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 593.00 Mn |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 497.00 Mn |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | 437.89 Mn |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | 1.47 Bn |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 586.00 Mn |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | 1.41 Bn |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | 2.14 Bn |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 67.04 Mn |
| 10 | Ryanair Holdings | 31.95 Bn | 16.22 Bn | - | -345.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.02 Bn |
| 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 |
| Mar 31, 2024 | 797.00 Mn |
| Mar 31, 2023 | 772.00 Mn |
| Mar 31, 2022 | 848.00 Mn |
| Dec 31, 2021 | 991.00 Mn |
| Sep 30, 2021 | 755.00 Mn |
| Jun 30, 2021 | 654.00 Mn |
| Mar 31, 2021 | 536.00 Mn |
| Dec 31, 2020 | 633.00 Mn |
| Sep 30, 2020 | 695.00 Mn |
| Jun 30, 2020 | 792.00 Mn |
| Mar 31, 2020 | 807.00 Mn |
| Mar 31, 2019 | 752.00 Mn |
| Dec 31, 2018 | 1.01 Bn |
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();