Union Pacific Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Union Pacific Corporation (UNP). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Reportable Segment | $24.88B 100.0% | $24.12B 100.0% · -3.0% | $24.25B 100.0% · +0.5% | $24.51B 100.0% · +1.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total freight revenues | $23.16B 93.1% | $22.57B 93.6% · -2.5% | $22.81B 94.1% · +1.1% | $23.22B 94.7% · +1.8% |
| Other revenues | $1.72B 6.9% | $1.55B 6.4% · -9.8% | $1.44B 5.9% · -7.0% | $1.29B 5.3% · -10.4% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.