{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-001638","form_type":"8-K","ticker":"UNP","cik":"0000100885","company_name":"UNION PACIFIC CORP","filed_at":"2023-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.461952+00:00","generated_at":"2026-06-20T10:22:35.747103+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Union Pacific Q4 EPS $2.67 vs $2.66; revenue $6.2B (+8%). FY22 EPS $11.21 vs $9.95; revenue $24.9B (+14%).","bullets":["Q4 EPS $2.67 (flat vs $2.66); revenue $6.2B +8%; operating income $2.4B -1%; operating ratio 61.0% worsened 360 bps.","FY22 EPS $11.21 vs $9.95; revenue $24.9B +14%; operating income $9.9B +6%; operating ratio 60.1% worsened 290 bps.","Service metrics declined: freight car velocity down 6% FY, locomotive productivity down 6% FY.","Fuel consumption rate improved to record 1.078 gallons/thousand GTMs FY (-1%).","2023 guidance: carloads to exceed industrial production; operating ratio improvement; capital plan $3.6B; dividend target ~45% of earnings."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-001638","json":"https://secwatch.observer/filing/0001437749-23-001638.json","markdown":"https://secwatch.observer/filing/0001437749-23-001638.md","text":"https://secwatch.observer/filing/0001437749-23-001638.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100885/000143774923001638/0001437749-23-001638-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100885/000143774923001638/unp20221219b_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T10:22:35.747103+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"10ac5b1c1b18eb5b155490df4a4323089e4623d9","claim":"UNION PACIFIC CORP reported Full year ended December 31, 2022 results: net income $7.0 billion, EPS $11.21.","evidence_excerpt":"Reported net income for full year 2022 was $7.0 billion, or $11.21 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100885/000143774923001638/0001437749-23-001638-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full year ended December 31, 2022"},{"label":"Net income","value":"$7.0 billion"},{"label":"EPS","value":"$11.21"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"56f493ac64a78829868321563249b01356059f96","claim":"UNION PACIFIC CORP reported Fourth quarter ended December 31, 2022 results: net income $1.6 billion, EPS $2.67.","evidence_excerpt":"Union Pacific Corporation (NYSE: UNP) today reported 2022 fourth quarter net income of $1.6 billion, or $2.67 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100885/000143774923001638/0001437749-23-001638-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth quarter ended December 31, 2022"},{"label":"Net income","value":"$1.6 billion"},{"label":"EPS","value":"$2.67"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c9402b68ea0c090b745b95789654c12923b0761c","claim":"UNION PACIFIC CORP updated its Fiscal year 2023 guidance (initiated).","evidence_excerpt":"2023 Guidance ● Full year carloads to exceed Industrial Production ○ Current Industrial Production forecast: -0.5% ● Full year operating ratio improvement ● Pricing dollars in excess of inflation dollars ● Capital Allocation: ○ Capital spending less than 15% of revenue ■ Capital plan of $3.6 billion ○ Long term dividend payout target of ~45% of earnings ○ Excess cash to share repurchases","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100885/000143774923001638/0001437749-23-001638-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal year 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}