Union Pacific UNP
NYSE UNP
$304.02 +2.23 (+0.74%)
At close: Aug 20, 2026 · 4:00 PM EDT

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

Union Pacific (UNP) posted Operating Leases of $609.0 million for Q2 2026, down 1.62% sequentially from $619.0 million in Q1 2026, and down 26.71% YoY from $831.0 million in Q2 2025.

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

Union Pacific has reported Operating Leases for 8 years, with the latest figure at $609.0 million in Q2 2026.

  • Quarterly Operating Leases fell 26.71% year-over-year to $609.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $609.0 million (down 26.71% YoY) and the FY2025 annual result came in at $738.0 million, down 20.22% from the prior year.
  • Operating Leases eased to $609.0 million in Q2 2026 per UNP's latest filing, from $619.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $1.9 billion in Q4 2022 and troughed at $609.0 million in Q2 2026.
  • A 5-year average of $1.0 billion and a median of $1.0 billion in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2023: Operating Leases advanced 10.25% in 2022, then slumped 33.24% in 2023.
  • Over 5 years, Operating Leases stood at $1.9 billion in 2022, then plunged by 33.24% to $1.2 billion in 2023, then slipped by 25.7% to $925.0 million in 2024, then dropped by 20.22% to $738.0 million in 2025, then declined by 17.48% to $609.0 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $609.0 million, $619.0 million, and $738.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Union Pacific 180.52 Bn 178.40 Bn 6.50 Bn
2 Csx 94.59 Bn 93.20 Bn 3.29 Bn
3 Canadian Pacific Kansas City 84.21 Bn 83.94 Bn 2.92 Bn
4 Canadian National Railway 78.52 Bn 78.52 Bn -
5 Norfolk Southern 77.93 Bn 76.86 Bn -
6 Westinghouse Air Brake Technologies 49.47 Bn 48.80 Bn 1.16 Bn
7 Trinity Industries 2.37 Bn 2.21 Bn 109.90 Mn
8 Greenbrier Companies 1.42 Bn 1.15 Bn 81.10 Mn
9 Foster L B 390.24 Mn 384.46 Mn 30.87 Mn
10 FreightCar America 228.00 Mn 163.70 Mn -

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 1.87 Bn
Sep 30, 2022 1.30 Bn
Jun 30, 2022 1.30 Bn
Mar 31, 2022 1.29 Bn
Dec 31, 2021 2.10 Bn
Sep 30, 2021 1.26 Bn