Union Pacific (UNP) Depreciation and Depletion (2009 - 2026)
Union Pacific (UNP) posted Depreciation and Depletion of $638 million for Q2 2026, up 4.1% from $613 million a year earlier and up 0.8% from the prior quarter.
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Analysis
Union Pacific (UNP) Depreciation and Depletion (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Depreciation and Depletion at Union Pacific was $2.51 billion, up 3.4% year-over-year; for FY2025, it was $2.47 billion, up 2.8% from FY2024.
- Annual Depreciation and Depletion has increased for four consecutive years, with a five-year compound annual growth rate of 2.2% (FY2020 to FY2025).
- In prior years, Union Pacific's Depreciation and Depletion was $2.4 billion in FY2024 (+3.5%), $2.32 billion in FY2023 (+3.2%), $2.25 billion in FY2022 (+1.7%) and $2.21 billion in FY2021 (-0.1%).
- The Q2 2026 figure stands as the highest quarterly Depreciation and Depletion in data going back to Q1 2009.
- On a year-over-year basis, Depreciation and Depletion has increased in each of the last 18 quarters, with growth averaging 3.2% over the last eight quarters.
- The strongest year-over-year quarter for Depreciation and Depletion in the past five years was Q2 2026, with growth of 4.1%; the weakest was Q3 2021, with a decline of 0.4%.
- According to Business Quant data, Depreciation and Depletion for the three prior quarters was $633 million (Q1 2026), $624 million (Q4 2025) and $618 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 638.00 Mn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | - |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 358.00 Mn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | - |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | - |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | - |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | - |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | - |
| 10 | Ryanair Holdings | 28.73 Bn | 12.74 Bn | 3.13 Bn | 484.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 638.00 Mn |
| Mar 31, 2026 | 633.00 Mn |
| Dec 31, 2025 | 624.00 Mn |
| Sep 30, 2025 | 618.00 Mn |
| Jun 30, 2025 | 613.00 Mn |
| Mar 31, 2025 | 610.00 Mn |
| Dec 31, 2024 | 606.00 Mn |
| Sep 30, 2024 | 602.00 Mn |
| Jun 30, 2024 | 596.00 Mn |
| Mar 31, 2024 | 594.00 Mn |
| Dec 31, 2023 | 589.00 Mn |
| Sep 30, 2023 | 580.00 Mn |
| Jun 30, 2023 | 577.00 Mn |
| Mar 31, 2023 | 572.00 Mn |
| Dec 31, 2022 | 569.00 Mn |
| Sep 30, 2022 | 563.00 Mn |
| Jun 30, 2022 | 559.00 Mn |
| Mar 31, 2022 | 555.00 Mn |
| Dec 31, 2021 | 556.00 Mn |
| Sep 30, 2021 | 553.00 Mn |
API Access
Union Pacific Depreciation and Depletion 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=depreciation-and-depletion&ticker=UNP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=UNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();