Union Pacific (UNP) Change in Taxes (2013 - 2026)
Union Pacific (UNP) reported Change in Taxes of $402 million for Q2 2026, compared with -$101 million a year earlier and down 5.6% from the prior quarter.
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Analysis
Union Pacific (UNP) Change in Taxes (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Union Pacific's Change in Taxes came in at $360 million, down 3.2% year-over-year; for FY2025, it came in at -$206 million.
- By year, Change in Taxes came in at -$87 million in FY2024, $129 million in FY2023, -$273 million in FY2022 and $188 million in FY2021 (+10.6%).
- Five-year quarterly Change in Taxes spans a low of -$532 million in Q2 2024 and a high of $426 million in Q1 2026.
- The high point for year-over-year Change in Taxes in five years was Q3 2024 (growth of 61.0%); the low point was Q4 2021 (a decline of 44.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $426 million (Q1 2026), -$325 million (Q4 2025) and -$143 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.81 Bn | 164.06 Bn | - | -12.00 Mn |
| 2 | Csx | 93.38 Bn | 88.60 Bn | - | 16.00 Mn |
| 3 | United Parcel Service | 84.67 Bn | 61.56 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 78.76 Bn | 77.78 Bn | - | - |
| 5 | Norfolk Southern | 73.66 Bn | 68.12 Bn | - | - |
| 6 | Fedex | 70.35 Bn | 36.29 Bn | - | - |
| 7 | Delta Air Lines | 49.55 Bn | 31.74 Bn | - | - |
| 8 | Old Dominion Freight Line | 38.17 Bn | 37.43 Bn | - | - |
| 9 | United Airlines Holdings | 31.45 Bn | -26.25 Bn | - | - |
| 10 | Copart | 27.60 Bn | 12.00 Bn | 645.66 Mn | -15.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -12.00 Mn |
| Jun 30, 2026 | 402.00 Mn |
| Mar 31, 2026 | 426.00 Mn |
| Dec 31, 2025 | -325.00 Mn |
| Sep 30, 2025 | -143.00 Mn |
| Jun 30, 2025 | -101.00 Mn |
| Mar 31, 2025 | 363.00 Mn |
| Dec 31, 2024 | -138.00 Mn |
| Sep 30, 2024 | 248.00 Mn |
| Jun 30, 2024 | -532.00 Mn |
| Mar 31, 2024 | 335.00 Mn |
| Dec 31, 2023 | 18.00 Mn |
| Sep 30, 2023 | 154.00 Mn |
| Jun 30, 2023 | -302.00 Mn |
| Mar 31, 2023 | 259.00 Mn |
| Dec 31, 2022 | -298.00 Mn |
| Sep 30, 2022 | 143.00 Mn |
| Jun 30, 2022 | -473.00 Mn |
| Mar 31, 2022 | 355.00 Mn |
| Dec 31, 2021 | 86.00 Mn |
API Access
Union Pacific Change in Taxes 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=change-in-taxes&ticker=UNP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "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=change-in-taxes&ticker=UNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();