Quarterly ResultJul 23, 2026, 07:51 AM
Union Pacific Q2 EPS $3.36, Up 7%; Net Income $2.0B, Up 6%
AI Summary
Union Pacific Corporation reported strong second quarter 2026 financial results, with diluted earnings per share increasing 7% to $3.36 and net income rising 6% to $2.0 billion. Operating revenue grew 12% to $6.9 billion, driven by volume growth and core pricing gains. The company also improved its 2026 outlook for reported EPS growth to high-single digits and affirmed its $3.3 billion capital plan.
Key Highlights
- Diluted EPS was $3.36, a 7% increase compared to Q2 2025.
- Net income reached $2.0 billion, up 6% from $1.9 billion in Q2 2025.
- Operating revenue increased 12% to $6.9 billion, driven by higher fuel surcharge and volume growth.
- Reported operating ratio was 59.7%, an increase of 70 basis points.
- Freight revenue excluding fuel increased by 4%.
- Workforce productivity improved 5% to 1,176 car miles per employee.
- Improved 2026 outlook for reported EPS growth to high-single digit.
- Affirmed capital plan of $3.3 billion and consistent annual dividend increases.
Price Impact
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