---
schema_version: "secwatch.filing_event.v1"
accession: "0000100885-25-000150"
form_type: "8-K"
ticker: "UNP"
cik: "0000100885"
company_name: "UNION PACIFIC CORP"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T06:35:38.733096+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Union Pacific Q1 EPS flat at $2.70, revenue flat at $6.0B; volume up 7%

## Summary
- Net income $1.6B ($2.70 diluted EPS) vs $1.6B ($2.69) year ago; EPS unchanged.
- Operating revenue $6.0B flat; freight revenue up 1% (ex-fuel surcharge +4%).
- Operating ratio 60.7% flat, with 90 bps headwind from fuel and leap year.
- Quarterly volume (carloads) up 7%; freight car velocity +6% to 215 miles/day.
- Reaffirmed FY2025 outlook: capital plan $3.4B, share repurchases $4.0–$4.5B.

## SEC filing metadata
- accession: 0000100885-25-000150
- form_type: 8-K
- ticker: UNP
- cik: 0000100885
- company_name: UNION PACIFIC CORP
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100885/000010088525000150/0000100885-25-000150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100885/000010088525000150/unp-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000100885-25-000150
- JSON: https://secwatch.observer/filing/0000100885-25-000150.json
- Plain text: https://secwatch.observer/filing/0000100885-25-000150.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.