Union Pacific Corporation (UNP) — Free Cash Flow Generation Index

Latest as of March 2026: 0.62x

Union Pacific Corporation (UNP) has a Free Cash Flow Generation Index of 0.62x as of March 2026. Free cash flow of $1.50 Billion represents 1% of operating cash flow ($2.44 Billion). Read Union Pacific Corporation balance sheet liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.62x
Free Cash Flow / Operating CF

Free Cash Flow

$1.50 Billion
USD

Operating Cash Flow

$2.44 Billion
USD

Capital Expenditures

$937.00 Million
USD

Union Pacific Corporation Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for Union Pacific Corporation across 37 annual periods. Explore UNP capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Union Pacific Corporation (1989–2025)

Year-by-year Free Cash Flow Generation Index for Union Pacific Corporation. For the full company profile including market capitalisation, see Union Pacific Corporation market cap and net worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.59x $5.50 Billion $9.29 Billion $3.79 Billion ▼ -6.1%
2024 0.63x $5.89 Billion $9.35 Billion $3.45 Billion ▲ +10.7%
2023 0.57x $4.77 Billion $8.38 Billion $3.61 Billion ▼ -7.1%
2022 0.61x $5.74 Billion $9.36 Billion $3.62 Billion ▼ -9.1%
2021 0.67x $6.10 Billion $9.03 Billion $2.94 Billion ▲ +2.7%
2020 0.66x $5.61 Billion $8.54 Billion $2.93 Billion ▲ +9.7%
2019 0.60x $5.16 Billion $8.61 Billion $3.45 Billion ▼ -0.9%
2018 0.60x $5.25 Billion $8.69 Billion $3.44 Billion ▲ +10.0%
2017 0.55x $3.97 Billion $7.23 Billion $3.26 Billion ▲ +2.9%
2016 0.53x $4.02 Billion $7.53 Billion $3.50 Billion ▲ +45.6%
2015 0.37x $2.69 Billion $7.34 Billion $4.65 Billion ▼ -10.9%
2014 0.41x $3.04 Billion $7.38 Billion $4.35 Billion ▼ -15.6%
2013 0.49x $3.33 Billion $6.82 Billion $3.50 Billion ▲ +24.0%
2012 0.39x $2.42 Billion $6.16 Billion $3.74 Billion ▼ -11.6%
2011 0.44x $2.61 Billion $5.87 Billion $3.26 Billion ▲ +12.5%
2010 0.40x $1.62 Billion $4.11 Billion $2.48 Billion ▼ -59.2%
2009 0.97x $3.10 Billion $3.20 Billion $100.00 Million ▲ +337.1%
2008 0.22x $902.00 Million $4.07 Billion $3.17 Billion ▲ +353.9%
2007 0.05x $160.00 Million $3.28 Billion $3.12 Billion ▲ +37.9%
2006 0.04x $102.00 Million $2.88 Billion $2.78 Billion ▼ -78.4%
2005 0.16x $426.00 Million $2.60 Billion $2.17 Billion ▲ +1.7%
2004 0.16x $361.00 Million $2.24 Billion $1.88 Billion ▼ -41.7%
2003 0.28x $670.00 Million $2.42 Billion $1.75 Billion ▲ +71.5%
2002 0.16x $363.00 Million $2.25 Billion $1.89 Billion ▼ -23.5%
2001 0.21x $420.00 Million $1.99 Billion $1.57 Billion ▲ +135.9%
2000 0.09x $175.00 Million $1.96 Billion $1.78 Billion ▲ +377.3%
1999 0.02x $35.00 Million $1.87 Billion $1.83 Billion ▲ +100.7%
1998 -2.74x $-1.55 Billion $565.00 Million $2.11 Billion ▼ -773.9%
1997 -0.31x $-501.00 Million $1.60 Billion $2.10 Billion ▼ -274.7%
1996 0.18x $297.00 Million $1.66 Billion $1.36 Billion ▼ -34.2%
1995 0.27x $396.00 Million $1.45 Billion $1.06 Billion ▲ +66.6%
1994 0.16x $312.00 Million $1.91 Billion $1.60 Billion ▲ +2422.3%
1993 -0.01x $-11.00 Million $1.56 Billion $1.57 Billion ▼ -112.6%
1992 0.06x $93.00 Million $1.66 Billion $1.57 Billion ▼ -51.6%
1991 0.12x $161.00 Million $1.39 Billion $1.23 Billion ▼ -35.0%
1990 0.18x $261.00 Million $1.47 Billion $1.21 Billion ▼ -14.6%
1989 0.21x $309.00 Million $1.48 Billion $1.17 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).