UNP has an annual revenue baseline of $24.5B, latest revenue marker of $6.2B Q1 2026, annual net income of $7.1B and cash of $735M. The thesis depends on revenue durability, margins, cash conversion and balance-sheet discipline.
Union Pacific: railroad pricing power has to keep offsetting freight-cycle and network-cost risk
NYSEUNPCoverage BootstrapUnion Pacific Corporation
Thesis summary
UNP has an annual revenue baseline of $24.5B, latest revenue marker of $6.2B Q1 2026, annual net income of $7.1B and cash of $735M. The thesis depends on revenue durability, margins, cash conversion and balance-sheet discipline.
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