Union Pacific (UNP) Shares Outstanding (Entity) (2009 - 2026)
Union Pacific's Shares Outstanding (Entity) came in at 593.96 million for Q2 2026, up 0.2% from 593.01 million a year earlier and unchanged from the prior quarter.
Union Pacific (UNP) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, Union Pacific's Shares Outstanding (Entity) was 593.25 million, down 1.8% from FY2024.
- Shares Outstanding (Entity) has declined in each of the last 16 years, with a five-year compound annual growth rate of -2.4% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Entity) was 604.24 million in FY2024 (-0.9%), 609.7 million in FY2023 (-0.4%), 612.39 million in FY2022 (-4.1%) and 638.84 million in FY2021 (-4.8%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding (Entity) since Q1 2025.
- Year-over-year, Shares Outstanding (Entity) increased in 1 of the last eight quarters, with an average decline of 1.3%.
- The fastest year-over-year change in Shares Outstanding (Entity) over five years came in Q2 2026 (growth of 0.2%), and the weakest in Q1 2022 (a decline of 5.6%).
- Business Quant data shows UNP's Shares Outstanding (Entity) at 593.68 million (Q1 2026), 593.25 million (Q4 2025) and 593.13 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 593.96 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 1.85 Bn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 879.08 Mn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 749.35 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 224.61 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 236.58 Mn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 657.62 Mn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 207.47 Mn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | - |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 926.33 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 593.96 Mn |
| Mar 31, 2026 | 593.68 Mn |
| Dec 31, 2025 | 593.25 Mn |
| Sep 30, 2025 | 593.13 Mn |
| Jun 30, 2025 | 593.01 Mn |
| Mar 31, 2025 | 598.99 Mn |
| Dec 31, 2024 | 604.24 Mn |
| Sep 30, 2024 | 606.91 Mn |
| Jun 30, 2024 | 609.73 Mn |
| Mar 31, 2024 | 610.09 Mn |
| Dec 31, 2023 | 609.70 Mn |
| Sep 30, 2023 | 609.60 Mn |
| Jun 30, 2023 | 609.40 Mn |
| Mar 31, 2023 | 609.88 Mn |
| Dec 31, 2022 | 612.39 Mn |
| Sep 30, 2022 | 615.79 Mn |
| Jun 30, 2022 | 625.17 Mn |
| Mar 31, 2022 | 628.20 Mn |
| Dec 31, 2021 | 638.84 Mn |
| Sep 30, 2021 | 644.41 Mn |
Union Pacific Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=UNP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=UNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();