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

Union Pacific has disclosed Operating Leases across 8 years of filings, most recently posting $609.0 million for Q2 2026.

• In Q2 2026, Operating Leases fell 26.71% year-over-year to $609.0 million; the TTM figure through Jun 2026 stood at $609.0 million (down 26.71% YoY), while the FY2025 annual figure was $738.0 million, down 20.22% from the prior year.
• Operating Leases came in at $609.0 million for Q2 2026 at Union Pacific, down from $619.0 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $1.9 billion in Q4 2022 to a low of $609.0 million in Q2 2026.
• Average Operating Leases over 5 years is $1.0 billion, with a median of $1.0 billion recorded in 2024.
• Year-over-year, Operating Leases gained 10.25% in 2022 and sank 33.24% in 2023.
• Over 5 years, Operating Leases stood at $1.9 billion in 2022, then slumped by 33.24% to $1.2 billion in 2023, then retreated by 25.7% to $925.0 million in 2024, then decreased by 20.22% to $738.0 million in 2025, then slipped by 17.48% to $609.0 million in 2026.
• Per Business Quant data, the three most recent Operating Leases figures were $609.0 million in Q2 2026, $619.0 million in Q1 2026, and $738.0 million in Q4 2025.