Union Pacific (UNP) Change in Taxes (2013 - 2026)
Union Pacific (UNP) reported Change in Taxes of -$12 million for Q3 2026, compared with -$143 million a year earlier.
Union Pacific (UNP) Change in Taxes (2013 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Union Pacific's Change in Taxes came in at $491 million; 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 Q3 2026 came in at $402 million (Q2 2026), $426 million (Q1 2026) and -$325 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 179.72 Bn | 171.97 Bn | - | -12.00 Mn |
| 2 | Csx | 95.95 Bn | 91.18 Bn | - | 16.00 Mn |
| 3 | United Parcel Service | 84.51 Bn | 61.36 Bn | 22.04 Bn | - |
| 4 | Canadian Pacific Kansas City | 81.84 Bn | 81.57 Bn | 57.15 Mn | - |
| 5 | Fedex | 76.69 Bn | 42.88 Bn | 18.84 Bn | - |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | - |
| 7 | Delta Air Lines | 56.72 Bn | 38.90 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 34.91 Bn | 1.56 Bn | - |
| 9 | United Airlines Holdings | 35.51 Bn | -22.18 Bn | - | - |
| 10 | Ryanair Holdings | 30.13 Bn | 14.39 Bn | - | - |
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 |
| Mar 31, 2024 | 335.00 Mn |
| Mar 31, 2023 | 259.00 Mn |
| Mar 31, 2022 | 355.00 Mn |
| Dec 31, 2021 | 86.00 Mn |
| Sep 30, 2021 | -20.00 Mn |
| Jun 30, 2021 | -217.00 Mn |
| Mar 31, 2021 | 339.00 Mn |
| Dec 31, 2020 | 155.00 Mn |
| Sep 30, 2020 | -454.00 Mn |
| Jun 30, 2020 | 180.00 Mn |
| Mar 31, 2020 | 289.00 Mn |
| Mar 31, 2019 | 240.00 Mn |
| Dec 31, 2018 | 53.00 Mn |
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_KEY
import 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();