---
schema_version: "secwatch.filing_event.v1"
accession: "0000100885-25-000320"
form_type: "8-K"
ticker: "UNP"
cik: "0000100885"
company_name: "UNION PACIFIC CORP"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:24:39.058118+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Union Pacific Q3 adjusted EPS $3.08, revenue $6.2B; OR improves 180 bps

## Summary
- Adjusted diluted EPS of $3.08, up from $2.75 in prior year; reported EPS $3.01.
- Operating revenue of $6.2B, up 3% YoY; freight revenue ex-fuel surcharge up 4%.
- Adjusted operating ratio 58.5%, an improvement of 180 bps; reported OR 59.2%.
- Merger costs of $41M included; CEO highlights Norfolk Southern opportunity.
- Operational records: freight car velocity +8%, terminal dwell -9%, workforce productivity +6%.

## SEC filing metadata
- accession: 0000100885-25-000320
- form_type: 8-K
- ticker: UNP
- cik: 0000100885
- company_name: UNION PACIFIC CORP
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100885/000010088525000320/0000100885-25-000320-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100885/000010088525000320/unp-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000100885-25-000320
- JSON: https://secwatch.observer/filing/0000100885-25-000320.json
- Plain text: https://secwatch.observer/filing/0000100885-25-000320.txt

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