Union Pacific (NYSE:UNP) Q4 2025 Earnings call January 27, 2026 08:45 AM ET Speaker6Thank you for accessing Union Pacific Corporation's 2025 fourth quarter earnings call, held at 8:45 A.M. Eastern Time on January 27, 2026, in Omaha, Nebraska. This presentation and the accompanying materials include statements that contain estimates, projections, or expectations regarding the company's financial results and operations and future economic conditions. These statements are forward-looking statements as defined ...

FOURTH QUARTER 2025 EARNINGS UNION PACIFIC CORPORATION Cautionary Information Certain statements in this presentation are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to future events or future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause the Company's (or, as it relates to the Transaction (as defined below), the combine ...

Union Pacific Corp. on Tuesday reported fourth-quarter profit of $1.85 billion on revenue of $6.09 billion, both short of Wall Street expectations. Per-share earnings came up short for the Omaha, Neb.-based company (NYSE: UNP) at $3.11. Adjusted earnings came to $2.86 per share. Analysts’ consensus was for earnings of $2.90 per share, on revenue of $6.14 billion. The company, which is in the process of merging with Norfolk Southern (NYSE: NSC) to form the first transcontinental railroad, said operating ...

本文源自：金融界AI电报 联合太平洋(UNP.N)四季度营收60.8亿美元，市场预期为61.2亿美元。 ...

格隆汇1月27日｜联合太平洋(UNP.US)四季度营收60.8亿美元，市场预期为61.2亿美元。 ...

Exhibit 99.1 Union Pacific Reports Fourth Quarter and Full Year 2025 Results Omaha, Neb., January 27, 2026 – Union Pacific Corporation (NYSE: UNP) today reported 2025 fourth quarter and full year results. "We had a record-breaking year and delivered best-ever safety, service, and operating results in 2025," said Jim Vena, Union Pacific Chief Executive Officer. "Our 2025 reported net income grew 6%, earnings per share increased 8%, and we improved our operating ratio. While we work through the regulatory pro ...

Financial Performance - Union Pacific reported a full year 2025 net income of $7.1 billion, an increase of 6% from $6.7 billion in 2024, with diluted EPS rising to $11.98 from $11.09, an 8% increase [1][2] - The fourth quarter net income was $1.8 billion, with diluted EPS at $3.11, compared to $1.76 billion and $2.91 in the same quarter of 2024 [1][2] - Adjusted full year net income for 2025 was $6.9 billion, up 3% from $6.8 billion in 2024, with adjusted diluted EPS at $11.66, a 5% increase from $11.11 [1][2] Operating Results - The full year operating ratio improved to 59.8%, a 10 basis point enhancement, while the adjusted operating ratio was 59.3%, improving by 60 basis points [1][2] - Fourth quarter operating ratio was reported at 60.5%, which is 180 basis points worse than the previous year, with an adjusted operating ratio of 60.0%, 190 basis points worse [1][2] - Revenue carloads for the full year increased by 1%, while fourth quarter carloads declined by 4% [1][2] Efficiency Metrics - Workforce productivity for the full year improved by 7% to 1,132 car miles per employee, while fourth quarter productivity was 1,151 car miles per employee, a 3% increase [1][2] - Average train length increased by 3% to 9,729 feet in the fourth quarter, and average terminal dwell improved by 9% to 19.8 hours [1][2] - Freight car velocity for the full year was 225 daily miles per car, an 8% increase, while fourth quarter velocity was 239 daily miles per car, a 9% increase [1][2] Revenue Breakdown - Operating revenue for 2025 was $24.5 billion, up 1% from $24.25 billion in 2024, driven by core pricing gains and higher volume [1][2] - Freight revenue excluding fuel surcharge grew by 3% for the full year, while total freight revenues for the fourth quarter decreased by 1% to $5.759 billion [1][2] - Key freight revenue categories included grain and grain products at $3.926 billion for the full year, a 3% increase, and coal and renewables at $1.786 billion, a 20% increase [2][3] Capital Allocation and Future Outlook - The company plans a capital allocation of $3.3 billion for 2026, with consistent annual dividend increases [1][2] - Union Pacific is focused on improving safety, service, and operational efficiencies while navigating the regulatory process for the creation of America's first transcontinental railroad [1][2]

Union Pacific Corporation (NYSE:UNP) is one of the stocks in focus as Jim Cramer shared his weekly game plan. While discussing the stock, Cramer highlighted that transports are being called the “hottest group” in the market. He commented: Hottest group in this market? Well, some would say it’s the transports, including the rails… I like Union Pacific, which is trying to merge with Norfolk Southern. Let’s see what they have to say. A stock market graph. Photo by energepic.com Union Pacific Corporation ...

Core Insights - Union Pacific Corporation (NYSE:UNP) is recognized as one of the 12 Most Profitable Dividend Stocks to consider for investment in 2026 [1] Merger Update - Union Pacific's proposed $85 billion merger with Norfolk Southern was rejected by the US Surface Transportation Board (STB) due to an incomplete application, which lacked necessary information regarding market share and competitive impact [2][3][4] - The STB's decision was made "without prejudice," allowing Union Pacific and Norfolk Southern the opportunity to resubmit their application after addressing the identified gaps [2][4] - Canadian National's submission highlighted deficiencies in the merger application, particularly regarding competitive disclosures and the identification of affected routes and shippers [5] Company Overview - Union Pacific operates one of the largest rail networks in the US, covering over 23 states in the western two-thirds of the country, playing a crucial role in the domestic and global supply chain [7] - The company argues that the merger would enhance service reliability, shift freight from trucks to rail, maintain shipper choice, and provide broad public benefits while safeguarding union jobs [6]

Core Viewpoint - Union Pacific Railroad is celebrating 250 years of American independence and innovation with its first-ever coast-to-coast steam tour featuring the Big Boy No. 4014, the world's largest operating steam locomotive [1] Group 1 - The steam tour will include two commemorative locomotives, one of which is the new locomotive No. 1776 – America250, honoring the signing of the Declaration of Independence [1]