UNP · 10-Q · 2026Q3 · Full report

Capital Expenditure Outlook

UNION PACIFIC CORP · 2026-10-22 · Importance 52 · Surprise 42 · Matches filing data

Union Pacific expects its 2026 capital plan to be approximately $3.5 billion. Planned spending supports growth, network safety, resiliency and operational efficiency, infrastructure hardening, and replacement of older assets, including locomotive modernization and freight-car purchases. Growth investments include terminals and intermodal ramps, siding extensions and new sidings, second mainline track projects, and technology intended to attract carloads and enhance productivity; the plan may change if business conditions or laws and regulations affect investment returns.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativecommitted-4.1%UNION PACIFIC CORP expects its 2026 capital plan to be approximately $3.5 billion.