Union Pacific (UNP) FCF Margin (2009 - 2026)

Union Pacific has disclosed FCF Margin across 18 years of filings, most recently posting 24.18% for Q1 2026.

• FCF Margin for Q1 2026 came in at 24.18%, down 962.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.1% (down 2070.0% YoY), and the FY2025 annual result was 22.44%, down 1542.0% from the prior year.
• FCF Margin came in at 24.18% for Q1 2026 at Union Pacific, up from 20.15% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 78.16% in Q4 2022 to a low of 7.07% in Q2 2022.
• The 5-year median for FCF Margin is 25.18% (2025), against an average of 32.41%.
• Across the five-year window, FCF Margin soared 3139 bps in 2023 and plunged 4373 bps in 2025, its largest moves.
• Union Pacific's FCF Margin stood at 78.16% in 2022, then plunged by 49 bps to 39.7% in 2023, then climbed by 9 bps to 43.29% in 2024, then sank by 53 bps to 20.15% in 2025, then gained by 20 bps to 24.18% in 2026.
• The last three FCF Margin figures came in at 24.18% (Q1 2026), 20.15% (Q4 2025), and 25.18% (Q3 2025), per Business Quant data.