UNP · 8-K · 20261022PR000319

Capital Expenditure Outlook

UNION PACIFIC CORP · 2026-10-22 · Importance 57 · Surprise 50 · In source text

Union Pacific updated its 2026 capital plan to $3.5 billion. Through September 30, 2026, capital investments totaled $2.834 billion, including $320 million of locomotive and freight-car early lease buyouts. The plan is supported by year-to-date operating cash flow of $8.302 billion and reflects management’s continued expectation of strong cash generation.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativecommitted-4.2%Union Pacific's capital plan was updated to $3.5 billion.