Union Pacific Corporation (UNP) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.38x

Union Pacific Corporation (UNP) has a Cash Flow Reinvestment Rate of 0.38x as of March 2026, reinvesting $937.00 Million (capex $937.00 Million ) from operating cash flow of $2.44 Billion. See Union Pacific Corporation free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.38x
(Capex + Investments) / Operating CF

Total Reinvested

$937.00 Million
Capex + Investments

Operating Cash Flow

$2.44 Billion
USD

Capital Expenditures

$937.00 Million
USD

Union Pacific Corporation Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Union Pacific Corporation across 37 annual periods. For the full cash flow conversion analysis, see Union Pacific Corporation (UNP) cash conversion ratio.

Annual Cash Flow Reinvestment Rate for Union Pacific Corporation (1989–2025)

Year-by-year capital reinvestment analysis for Union Pacific Corporation. See Union Pacific Corporation (UNP) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.41x $3.79 Billion $9.29 Billion $3.79 Billion ▼ -43.7%
2024 0.73x $6.78 Billion $9.35 Billion $3.45 Billion ▼ -16.5%
2023 0.87x $7.27 Billion $8.38 Billion $3.61 Billion ▲ +14.6%
2022 0.76x $7.09 Billion $9.36 Billion $3.62 Billion ▲ +131.1%
2021 0.33x $2.96 Billion $9.03 Billion $2.94 Billion ▼ -4.5%
2020 0.34x $2.93 Billion $8.54 Billion $2.93 Billion ▼ -14.8%
2019 0.40x $3.47 Billion $8.61 Billion $3.45 Billion ▼ -48.9%
2018 0.79x $6.85 Billion $8.69 Billion $3.44 Billion ▲ +73.4%
2017 0.45x $3.29 Billion $7.23 Billion $3.26 Billion ▼ -4.0%
2016 0.47x $3.56 Billion $7.53 Billion $3.50 Billion ▼ -26.1%
2015 0.64x $4.71 Billion $7.34 Billion $4.65 Billion ▲ +7.5%
2014 0.60x $4.41 Billion $7.38 Billion $4.35 Billion ▲ +16.4%
2013 0.51x $3.50 Billion $6.82 Billion $3.50 Billion ▼ -15.5%
2012 0.61x $3.74 Billion $6.16 Billion $3.74 Billion ▲ +9.3%
2011 0.56x $3.26 Billion $5.87 Billion $3.26 Billion ▼ -8.2%
2010 0.60x $2.48 Billion $4.11 Billion $2.48 Billion ▲ +1837.2%
2009 0.03x $100.00 Million $3.20 Billion $100.00 Million ▼ -96.0%
2008 0.78x $3.17 Billion $4.07 Billion $3.17 Billion ▼ -18.2%
2007 0.95x $3.12 Billion $3.28 Billion $3.12 Billion ▼ -1.4%
2006 0.96x $2.78 Billion $2.88 Billion $2.78 Billion ▲ +15.4%
2005 0.84x $2.17 Billion $2.60 Billion $2.17 Billion ▼ -0.3%
2004 0.84x $1.88 Billion $2.24 Billion $1.88 Billion ▲ +15.9%
2003 0.72x $1.75 Billion $2.42 Billion $1.75 Billion ▼ -13.7%
2002 0.84x $1.89 Billion $2.25 Billion $1.89 Billion ▲ +6.3%
2001 0.79x $1.57 Billion $1.99 Billion $1.57 Billion ▼ -13.3%
2000 0.91x $1.78 Billion $1.96 Billion $1.78 Billion ▼ -7.2%
1999 0.98x $1.83 Billion $1.87 Billion $1.83 Billion ▼ -73.7%
1998 3.74x $2.11 Billion $565.00 Million $2.11 Billion ▲ +184.5%
1997 1.31x $2.10 Billion $1.60 Billion $2.10 Billion ▲ +60.0%
1996 0.82x $1.36 Billion $1.66 Billion $1.36 Billion ▲ +12.8%
1995 0.73x $1.06 Billion $1.45 Billion $1.06 Billion ▼ -13.0%
1994 0.84x $1.60 Billion $1.91 Billion $1.60 Billion ▼ -16.9%
1993 1.01x $1.57 Billion $1.56 Billion $1.57 Billion ▲ +6.7%
1992 0.94x $1.57 Billion $1.66 Billion $1.57 Billion ▲ +6.7%
1991 0.88x $1.23 Billion $1.39 Billion $1.23 Billion ▲ +7.6%
1990 0.82x $1.21 Billion $1.47 Billion $1.21 Billion ▲ +3.8%
1989 0.79x $1.17 Billion $1.48 Billion $1.17 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow