Union Pacific Q4 reported diluted EPS rises 7% to $3.11, aided by $234 million land sales
Union Pacific reported fourth-quarter 2025 net income of $1.8 billion and diluted EPS of $3.11, up 7% from $2.91, with results helped by $234 million of industrial park land sales. Adjusted quarterly diluted EPS was $2.86, down from $2.96, and fourth-quarter operating revenue fell 1%. For the full year, net income rose 6% to $7.1 billion and diluted EPS rose 8% to $11.98, and the company expects 2026 EPS growth in the mid-single digits.
Key points
- Q4 operating revenue of $6.1 billion declined 1%, and revenue carloads fell 4%
- Q4 diluted EPS was $3.11 reported and $2.86 adjusted, versus $2.91 and $2.96 a year earlier
- Full year 2025 net income of $7.1 billion rose 6%; diluted EPS of $11.98 rose 8%
- 2026 outlook calls for EPS growth of mid-single digits and a capital plan of $3.3 billion
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.