Union Pacific (UNP) Capital Expenditures (2009 - 2026)

Union Pacific's (UNP) quarterly Capital Expenditures came in at $937.0 million in Q1 2026, up 441.62% year-on-year from $173.0 million in Q1 2025, and down 6.21% quarter-over-quarter from $999.0 million in Q4 2025.

Union Pacific (UNP) Capital Expenditures (2009 - 2026) Analysis & Trends

Union Pacific has disclosed Capital Expenditures across 18 years of filings, most recently posting $937.0 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $937.0 million, up 441.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.6 billion (up 1092.37% YoY), and the FY2025 annual result was $3.8 billion, up 2197.58% from the prior year.
  • Capital Expenditures came in at $937.0 million for Q1 2026 at Union Pacific, down from $999.0 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $1.7 billion in Q2 2025 to a low of -$2.5 billion in Q4 2022.
  • The 5-year median for Capital Expenditures is $797.0 million (2024), against an average of $304.8 million.
  • Across the five-year window, Capital Expenditures jumped 29660.0% in 2022 and tumbled 235.89% in 2023, its largest moves.
  • Union Pacific's Capital Expenditures stood at -$2.5 billion in 2022, then soared by 98.03% to -$50.0 million in 2023, then jumped by 124.0% to $12.0 million in 2024, then soared by 8225.0% to $999.0 million in 2025, then declined by 6.21% to $937.0 million in 2026.
  • The last three Capital Expenditures figures came in at $937.0 million (Q1 2026), $999.0 million (Q4 2025), and $950.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Union Pacific 152.26 Bn 151.22 Bn 5.85 Bn 937.00 Mn
2 Csx 84.99 Bn 83.89 Bn 3.18 Bn 543.00 Mn
3 Norfolk Southern 67.33 Bn 65.99 Bn 2.74 Bn 382.00 Mn
4 Canadian Pacific Kansas City 56.27 Bn 56.68 Bn 2.36 Bn 484.19 Mn
5 Westinghouse Air Brake Technologies 46.65 Bn 46.16 Bn 1.06 Bn 46.00 Mn
6 Trinity Industries 2.76 Bn 2.82 Bn 128.90 Mn 151.00 Mn
7 Greenbrier Companies 1.54 Bn 1.05 Bn 69.50 Mn 30.10 Mn
8 Foster L B 438.47 Mn 435.35 Mn 25.70 Mn 2.96 Mn
9 Rail Vision 179.83 Mn 159.33 Mn 504,000.00 -115,000.00
10 FreightCar America 178.32 Mn 114.02 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 937.00 Mn
Mar 31, 2026 937.00 Mn
Dec 31, 2025 999.00 Mn
Dec 31, 2025 999.00 Mn
Sep 30, 2025 950.00 Mn
Sep 30, 2025 950.00 Mn
Jun 30, 2025 1.67 Bn
Jun 30, 2025 1.67 Bn
Mar 31, 2025 173.00 Mn
Mar 31, 2025 173.00 Mn
Dec 31, 2024 12.00 Mn
Dec 31, 2024 12.00 Mn
Sep 30, 2024 -1.55 Bn
Sep 30, 2024 -1.55 Bn
Jun 30, 2024 902.00 Mn
Jun 30, 2024 902.00 Mn
Mar 31, 2024 797.00 Mn
Mar 31, 2024 797.00 Mn
Dec 31, 2023 -50.00 Mn
Dec 31, 2023 -50.00 Mn