Union Pacific (UNP) Invested Capital (2009 - 2026)

Union Pacific has disclosed Invested Capital across 18 years of filings, most recently posting $20.3 billion for Q1 2026.

• Invested Capital for Q1 2026 came in at $20.3 billion, up 11.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $20.3 billion (up 11.05% YoY), and the FY2025 annual result was $50.3 billion, up 4.57% from the prior year.
• Invested Capital came in at $20.3 billion for Q1 2026 at Union Pacific, down from $50.3 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $50.3 billion in Q4 2025 to a low of $13.4 billion in Q3 2022.
• The 5-year median for Invested Capital is $16.4 billion (2024), against an average of $20.2 billion.
• Across the five-year window, Invested Capital retreated 24.49% in 2022 and jumped 196.6% in 2024, its largest moves.
• Union Pacific's Invested Capital stood at $13.8 billion in 2022, then grew by 17.12% to $16.2 billion in 2023, then surged by 196.6% to $48.1 billion in 2024, then grew by 4.57% to $50.3 billion in 2025, then sank by 59.66% to $20.3 billion in 2026.
• The last three Invested Capital figures came in at $20.3 billion (Q1 2026), $50.3 billion (Q4 2025), and $18.8 billion (Q3 2025), per Business Quant data.