Union Pacific (UNP) Retained Earnings (2009 - 2026)
Union Pacific (UNP) recorded Retained Earnings of $71.58 billion in Q2 2026, up 6.0% from $67.53 billion a year earlier and up 1.7% from the prior quarter.
Union Pacific (UNP) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Union Pacific reported Retained Earnings of $69.53 billion, up 5.9% from FY2024.
- Annual Retained Earnings has increased for 16 straight years, with a five-year compound annual growth rate of 6.3% (FY2020 to FY2025).
- Across earlier years, Retained Earnings came in at $65.63 billion in FY2024 (+5.7%), $62.09 billion in FY2023 (+5.4%), $58.89 billion in FY2022 (+7.0%) and $55.05 billion in FY2021 (+7.3%).
- The Q2 2026 figure is the highest quarterly Retained Earnings in data going back to Q2 2009.
- On a year-over-year basis, Retained Earnings has increased for 60 consecutive quarters, with growth averaging 5.8% over the last eight quarters.
- Across the past five years, year-over-year growth in Retained Earnings ran from 5.4% in Q1 2024 to 7.5% in Q1 2022.
- Per Business Quant, the preceding three quarters came in at $70.41 billion (Q1 2026), $69.53 billion (Q4 2025) and $68.5 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 71.58 Bn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 11.35 Bn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 14.26 Bn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 18.83 Bn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 13.91 Bn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 44.46 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 14.27 Bn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 4.29 Bn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 8.31 Bn |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 7.98 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.58 Bn |
| Mar 31, 2026 | 70.41 Bn |
| Dec 31, 2025 | 69.53 Bn |
| Sep 30, 2025 | 68.50 Bn |
| Jun 30, 2025 | 67.53 Bn |
| Mar 31, 2025 | 66.45 Bn |
| Dec 31, 2024 | 65.63 Bn |
| Sep 30, 2024 | 64.68 Bn |
| Jun 30, 2024 | 63.82 Bn |
| Mar 31, 2024 | 62.94 Bn |
| Dec 31, 2023 | 62.09 Bn |
| Sep 30, 2023 | 61.24 Bn |
| Jun 30, 2023 | 60.50 Bn |
| Mar 31, 2023 | 59.72 Bn |
| Dec 31, 2022 | 58.89 Bn |
| Sep 30, 2022 | 58.05 Bn |
| Jun 30, 2022 | 56.96 Bn |
| Mar 31, 2022 | 55.94 Bn |
| Dec 31, 2021 | 55.05 Bn |
| Sep 30, 2021 | 54.09 Bn |
Union Pacific Retained Earnings 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=retained-earnings&ticker=UNP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "UNP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=UNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();