Union Pacific UNP
NYSE UNP
$274.02 -0.13 (-0.05%)
As of: Sep 30, 2026 · 2:09 PM EDT

Union Pacific Corp (UNP) Operating Leases (2019 - 2026)

Updated

Union Pacific (UNP) posted Operating Leases of $609 million for Q2 2026, down 26.7% from $831 million a year earlier and down 1.6% from the prior quarter.

Analysis

Union Pacific Corp (UNP) Operating Leases (2019 - 2026) Analysis & Trends

At the end of FY2025, Union Pacific's Operating Leases came in at $738 million, down 20.2% from FY2024.

  • Annual Operating Leases has declined for four consecutive years, with a five-year compound annual growth rate of -10.5% (FY2020 to FY2025).
  • In prior years, Union Pacific's Operating Leases was $925 million in FY2024 (-25.7%), $1.25 billion in FY2023 (-4.2%), $1.3 billion in FY2022 (-9.0%) and $1.43 billion in FY2021 (+11.4%).
  • The Q2 2026 figure stands as the lowest quarterly Operating Leases in data going back to Q1 2019.
  • On a year-over-year basis, Operating Leases has declined in each of the last 15 quarters, with an average decline of 21.9% over the last eight quarters.
  • The strongest year-over-year quarter for Operating Leases in the past five years was Q4 2021, with growth of 11.4%; the weakest was Q2 2026, with a decline of 26.7%.
  • According to Business Quant data, Operating Leases for the three prior quarters was $619 million (Q1 2026), $738 million (Q4 2025) and $764 million (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 609.00 Mn
Mar 31, 2026 619.00 Mn
Dec 31, 2025 738.00 Mn
Sep 30, 2025 764.00 Mn
Jun 30, 2025 831.00 Mn
Mar 31, 2025 758.00 Mn
Dec 31, 2024 925.00 Mn
Sep 30, 2024 934.00 Mn
Jun 30, 2024 988.00 Mn
Mar 31, 2024 1.02 Bn
Dec 31, 2023 1.25 Bn
Sep 30, 2023 1.24 Bn
Jun 30, 2023 1.22 Bn
Mar 31, 2023 1.23 Bn
Dec 31, 2022 1.30 Bn
Sep 30, 2022 1.30 Bn
Jun 30, 2022 1.30 Bn
Mar 31, 2022 1.29 Bn
Dec 31, 2021 1.43 Bn
Sep 30, 2021 1.26 Bn
API Access

Union Pacific Corp Operating Leases 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=operating-leases&ticker=UNP&period=max&api_key=YOUR_API_KEY