Union Pacific (UNP) Corporate presentation summary

Strategic priorities and operational focus

• Emphasizes safety, service, and operational excellence as drivers of growth, with a focus on asset utilization, cost control, and engaging teams and stakeholders.

• Maintains a premier North American rail franchise with extensive network coverage and intermodal capabilities.

• Implements technology and innovation to enhance safety, efficiency, and customer experience.

Financial performance and capital allocation

• Affirms 2026 outlook with strong service, pricing above inflation, and mid-single digit EPS growth, targeting high-single to low-double digit CAGR through 2027.

• Maintains industry-leading operating ratio and return on invested capital, with continued strong cash generation.

• Capital plan of $3.3–$3.7 billion annually, consistent dividend increases, and share repurchases paused due to merger.

• 19 consecutive years of increased annual dividends and a 45% reduction in shares outstanding since 2006.

Safety, service, and operational excellence

• Achieved best-ever safety performance in 2025, with personal injuries reduced 24% and reportable derailments down 19%.

• Service metrics show improved freight car velocity, reduced terminal dwell, and high service performance indices.

• Technology adoption includes API solutions, container GPS, and RailPulse pilot for enhanced shipment tracking and analytics.

• Productivity gains through longer trains, improved locomotive and workforce productivity, and reduced fuel consumption.