Union Pacific (UNP) Shares Outstanding (Diluted Average) (2009 - 2026)

Union Pacific's Shares Outstanding (Diluted Average) history runs 10 years deep, the most recent figure standing at $593.6 million for Q1 2026.

• In Q1 2026, Shares Outstanding (Diluted Average) fell 1.38% year-over-year to $593.6 million; the TTM figure through Mar 2026 stood at $593.6 million (down 1.38% YoY), while the FY2025 annual figure was $595.9 million, down 2.09% from the prior year.
• Shares Outstanding (Diluted Average) came in at $593.6 million for Q1 2026 at Union Pacific, roughly flat from $595.9 million in the prior quarter.
• In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $633.6 million in Q1 2022 to a low of $593.2 million in Q3 2025.
• A 5-year average of $610.1 million and a median of $610.2 million in 2023 frame the typical range for Shares Outstanding (Diluted Average).
• Across the five-year window, Shares Outstanding (Diluted Average) slipped 5.32% in 2022 and increased 0.13% in 2024, its largest moves.
• Union Pacific's Shares Outstanding (Diluted Average) stood at $624.0 million in 2022, then slipped by 2.21% to $610.2 million in 2023, then slipped by 0.26% to $608.6 million in 2024, then slipped by 2.09% to $595.9 million in 2025, then dropped by 0.39% to $593.6 million in 2026.
• According to Business Quant data, Shares Outstanding (Diluted Average) over the past three periods registered $593.6 million, $595.9 million, and $593.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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