Union Pacific Corporation (UNP)

Solvency & Capital Structure

Total Debt

$31.17B

Net Debt

$29.05B

Union Pacific Corporation currently has $31.17B in total debt. Net debt is $29.05B after cash offsets.

Financial Fundamentals

UNP • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	31.17	2.11	29.05	71.21	43.8%
2026-03-31	31.50	1.04	30.46	69.64	45.2%
2025-12-31	31.81	1.52	30.29	69.70	45.6%
2025-09-30	32.85	0.81	32.04	68.65	47.9%
2025-06-30	33.96	1.06	32.90	68.58	49.5%
2025-03-31	33.90	1.41	32.49	68.49	49.5%
2024-12-31	32.46	1.04	31.43	67.72	47.9%
2024-09-30	32.70	0.97	31.73	67.57	48.4%
2024-06-30	33.20	1.16	32.04	67.82	49.0%
2024-03-31	33.27	0.94	32.32	67.27	49.5%
2023-12-31	34.18	1.07	33.11	67.13	50.9%
2023-09-30	34.48	0.77	33.72	66.54	51.8%
2023-06-30	34.87	0.83	34.03	66.03	52.8%
2023-03-31	35.36	1.08	34.28	65.97	53.6%
2022-12-31	34.96	1.02	33.94	65.45	53.4%
2022-09-30	35.05	1.31	33.74	65.34	53.6%
2022-06-30	33.62	0.83	32.78	64.44	52.2%
2022-03-31	33.84	0.95	32.88	64.05	52.8%
2021-12-31	31.49	1.01	30.48	63.52	49.6%
2021-09-30	30.96	1.24	29.72	62.36	49.7%
2021-06-30	30.36	1.16	29.20	62.07	48.9%
2021-03-31	28.15	1.24	26.90	61.79	45.6%
2020-12-31	28.33	1.86	26.47	62.40	45.4%
2020-09-30	29.66	2.66	27.00	63.71	46.6%
2020-06-30	30.07	2.77	27.30	63.55	47.3%
2020-03-31	29.54	1.19	28.35	62.22	47.5%
2019-12-31	27.03	0.89	26.14	61.67	43.8%
2019-09-30	27.65	1.31	26.34	61.98	44.6%
2019-06-30	27.31	1.11	26.20	61.71	44.3%
2019-03-31	27.19	1.12	26.07	61.32	44.3%
2018-12-31	22.39	1.33	21.06	59.15	37.9%
2018-09-30	22.41	1.90	20.51	59.31	37.8%
2018-06-30	22.81	1.69	21.12	58.69	38.9%
2018-03-31	17.59	1.14	16.45	57.79	30.4%
2017-12-31	16.94	1.36	15.58	57.81	29.3%
2017-09-30	16.83	1.94	14.90	57.40	29.3%
2017-06-30	15.76	1.38	14.38	56.48	27.9%
2017-03-31	15.03	1.14	13.89	55.90	26.9%
2016-12-31	15.01	1.34	13.67	55.72	26.9%
2016-09-30	15.61	2.24	13.37	56.30	27.7%
2016-06-30	15.19	2.16	13.03	55.69	27.3%
2016-03-31	15.19	2.67	12.52	55.77	27.2%
2015-12-31	14.20	1.39	12.81	54.60	26.0%
2015-09-30	13.32	1.08	12.24	53.76	24.8%
2015-06-30	13.34	2.04	11.30	54.18	24.6%
2015-03-31	12.30	1.59	10.71	53.15	23.1%
2014-12-31	11.41	1.59	9.83	52.37	21.8%
2014-09-30	11.51	1.89	9.62	52.57	21.9%
2014-06-30	10.84	1.54	9.31	51.56	21.0%
2014-03-31	10.18	1.86	8.32	50.90	20.0%
2013-12-31	9.58	1.43	8.14	49.73	19.3%
2013-09-30	9.46	1.37	8.09	48.96	19.3%
2013-06-30	9.81	1.84	7.96	49.03	20.0%
2013-03-31	9.86	1.92	7.94	48.56	20.3%
2012-12-31	9.00	1.06	7.93	47.15	19.1%
2012-09-30	9.49	1.13	8.36	47.07	20.2%
2012-06-30	9.42	1.20	8.21	46.37	20.3%
2012-03-31	8.84	0.99	7.84	45.34	19.5%
2011-12-31	8.91	1.22	7.69	45.10	19.7%
2011-09-30	9.41	1.65	7.76	45.07	20.9%
2011-06-30	8.94	1.05	7.88	44.03	20.3%
2011-03-31	9.20	1.25	7.95	43.59	21.1%
2010-12-31	9.24	1.09	8.16	43.09	21.4%
2010-09-30	9.72	1.36	8.36	43.00	22.6%
2010-06-30	9.37	1.32	8.05	42.53	22.0%
2010-03-31	9.72	1.75	7.97	42.71	22.8%
2009-12-31	9.85	1.85	8.00	42.18	23.3%
2009-09-30	9.79	1.44	8.36	41.69	23.5%
2009-06-30	9.99	1.66	8.33	41.55	24.0%
2009-03-31	9.20	1.47	7.73	40.20	22.9%
2008-12-31	8.93	1.25	7.68	39.72	22.5%
2008-09-30	8.46	0.86	7.61	39.55	21.4%
2008-06-30	8.30	0.61	7.69	39.11	21.2%
2008-03-31	8.12	0.83	7.29	38.55	21.1%
2007-12-31	7.68	0.88	6.80	38.03	20.2%
2007-09-30	7.84	1.02	6.82	37.92	20.7%
2007-06-30	7.24	0.52	6.71	37.30	19.4%
2007-03-31	6.73	0.60	6.13	36.69	18.3%
2006-12-31	6.78	0.83	5.95	36.52	18.6%
2006-09-30	7.05	0.72	6.33	36.37	19.4%
2006-06-30	7.07	0.26	6.81	36.01	19.6%
2006-03-31	7.11	0.26	6.85	35.54	20.0%
2005-12-31	7.42	0.77	6.64	35.62	20.8%
2005-09-30	7.47	0.34	7.13	35.17	21.2%
2005-06-30	7.70	0.16	7.54	35.11	21.9%
2005-03-31	8.06	0.73	7.33	35.01	23.0%
2004-12-31	8.13	0.98	7.15	34.59	23.5%
2004-09-30	8.16	0.91	7.25	34.39	23.7%
2004-06-30	8.19	0.66	7.53	34.17	24.0%
2004-03-31	7.94	0.28	7.67	33.46	23.7%
2003-12-31	7.99	0.53	7.46	33.46	23.9%
2003-09-30	8.22	0.22	8.00	33.81	24.3%
2003-06-30	8.27	0.50	7.77	33.94	24.4%
2003-03-31	7.82	0.31	7.51	33.49	23.4%
2002-12-31	7.70	0.37	7.33	32.76	23.5%
2002-09-30	7.87	0.45	7.42	32.63	24.1%
2002-06-30	8.18	0.38	7.80	32.32	25.3%
2002-03-31	8.21	0.11	8.10	31.88	25.7%
2001-12-31	8.08	0.11	7.97	31.55	25.6%
2001-09-30	8.40	0.12	8.28	31.30	26.8%
2001-06-30	8.50	0.13	8.37	30.99	27.4%
2001-03-31	8.64	0.07	8.56	30.75	28.1%
2000-12-31	8.35	0.10	8.25	30.50	27.4%
2000-09-30	8.52	0.06	8.47	30.39	28.0%
2000-06-30	8.57	0.07	8.50	30.20	28.4%
2000-03-31	8.58	0.06	8.52	29.91	28.7%
1999-12-31	8.64	0.17	8.46	29.89	28.9%
1999-09-30	8.71	0.20	8.51	29.85	29.2%
1999-06-30	8.80	0.33	8.47	29.79	29.6%
1999-03-31	8.72	0.11	8.61	29.45	29.6%
1998-12-31	8.69	0.18	8.52	29.37	29.6%
1998-09-30	9.21	0.55	8.65	29.43	31.3%
1998-06-30	8.56	0.30	8.26	28.94	29.6%
1998-03-31	9.39	0.19	9.20	29.08	32.3%
1997-12-31	8.52	0.09	8.43	28.76	29.6%
1997-09-30	8.39	0.20	8.19	28.67	29.3%
1997-06-30	8.51	0.13	8.38	28.75	29.6%
1997-03-31	8.24	0.09	8.14	28.19	29.2%
1996-12-31	8.03	0.19	7.84	27.91	28.8%
1996-09-30	8.71	0.15	8.56	29.31	29.7%