Union Pacific (UNP) FCF Margin (2016 - 2025)

Union Pacific's FCF Margin history spans 17 years, with the latest figure at 80.3% for Q4 2025.

For Q4 2025, FCF Margin fell 183.0% year-over-year to 80.3%; the TTM value through Dec 2025 reached 37.37%, down 49.0%, while the annual FY2025 figure was 37.37%, 49.0% down from the prior year.
FCF Margin for Q4 2025 was 80.3% at Union Pacific, up from 1.81% in the prior quarter.
Across five years, FCF Margin topped out at 82.13% in Q4 2024 and bottomed at 3.73% in Q4 2021.
The 5-year median for FCF Margin is 33.37% (2024), against an average of 32.29%.
The largest annual shift saw FCF Margin tumbled -5279bps in 2022 before it surged 4243bps in 2024.
A 5-year view of FCF Margin shows it stood at 3.73% in 2021, then surged by 690bps to 22.04% in 2022, then surged by 80bps to 39.7% in 2023, then skyrocketed by 107bps to 82.13% in 2024, then decreased by -2bps to 80.3% in 2025.
Per Business Quant, the three most recent readings for UNP's FCF Margin are 80.3% (Q4 2025), 1.81% (Q3 2025), and 38.17% (Q2 2025).

Peer Comparison