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). Explore capital reinvestment ratio of Union Pacific Corporation to see what proportion of operating cash flow is directed to capital expenditures.

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. For the full cash flow conversion analysis, see Union Pacific Corporation operating cash flow efficiency.

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

Year-by-year Free Cash Flow Generation Index for Union Pacific Corporation. Check total reinvestment intensity of Union Pacific Corporation to assess the company's total reinvestment commitment from operating cash flow.

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).