Union Pacific (UNP) revenue breakdown

Industrials · Railroads · Market cap $169.6B

By product, Total freight revenues is the largest at 95% of fiscal 2025 revenue, growing 1% a year over 7 years.

Revenue by product

Fiscal years, as Union Pacific reports them in its 10-K filings; fiscal 2025 total $24.5B.

Products20182019202020212022202320242025Share
Total freight revenues$21.4B$20.2B$18.3B$20.2B$23.2B$22.6B$22.8B$23.2B 95%
Other revenues$1.4B$1.5B$1.3B$1.6B$1.7B$1.5B$1.4B$1.3B 5%
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Questions

Where does Union Pacific make its money?

In fiscal 2025, by product: Total freight revenues $23.2B, Other revenues $1.3B.

From Union Pacific's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.