Latest period
594M
YoY change
-2.5%
5Y CAGR
-2.7%
Peak year (FY2002)
1.11B
Latest annual
594M
Shares Outstanding history chart for Union Pacific (UNP) from 2016 to 2025
Latest: 594M
Shares Outstanding growth chart for Union Pacific (UNP) from 2016 to 2025
Latest: -2.5%
Shares Outstanding history table for Union Pacific (UNP) from 1985 to 2025
| FY2025 | 594M | -2.5% | -15.1M | ||
| FY2024 | 609M | -0.3% | -1.6M | ||
| FY2023 | 610M | -2.2% | -13.8M | ||
| FY2022 | 624M | -4.8% | -31.4M | ||
| FY2021 | 655M | -3.5% | -23.7M | ||
| FY2020 | 679M | -3.8% | -27M | ||
| FY2019 | 706M | -6.4% | -48.2M | ||
| FY2018 | 754M | -5.9% | -47.4M | ||
| FY2017 | 802M | -4.0% | -33.7M | ||
| FY2016 | 835M | -3.9% | -34M | ||
| FY2015 | 869M | -3.5% | -31.7M | ||
| FY2014 | 901M | -3.3% | -30.5M | ||
| FY2013 | 932M | -2.2% | -21.4M | ||
| FY2012 | 953M | -2.7% | -26.6M | ||
| FY2011 | 980M | -2.6% | -26.2M | ||
| FY2010 | 1.01B | -0.6% | -5.8M | ||
| FY2009 | 1.01B | -1.8% | -18.4M | ||
| FY2008 | 1.03B | -4.1% | -43.6M | ||
| FY2007 | 1.07B | -1.3% | -14.2M | ||
| FY2006 | 1.09B | +2.0% | +21.8M | ||
| FY2005 | 1.07B | +1.6% | +17.2M | ||
| FY2004 | 1.05B | -2.2% | -23.2M | ||
| FY2003 | 1.07B | -3.2% | -35.2M | ||
| FY2002 | 1.11B | +1.8% | +19.6M | ||
| FY2001 | 1.09B | +0.9% | +9.6M | ||
| FY2000 | 1.08B | -0.1% | -1.2M | ||
| FY1999 | 1.08B | +9.7% | +95.2M | ||
| FY1998 | 984M | -0.8% | -8.4M | ||
| FY1997 | 992M | +13.8% | +120M | ||
| FY1996 | 872M | +6.0% | +49.4M | ||
| FY1995 | 823M | -0.0% | -86.3K | ||
| FY1994 | 823M | +0.1% | +990K | ||
| FY1993 | 822M | +0.7% | +6.02M | ||
| FY1992 | 816M | -1.2% | -10.1M | ||
| FY1991 | 826M | +2.9% | +23.2M | ||
| FY1990 | 803M | -5.2% | -44.4M | ||
| FY1989 | 847M | -5.9% | -53.4M | ||
| FY1988 | 900M | +6.0% | +51.1M | ||
| FY1987 | 849M | -1.0% | -8.41M | ||
| FY1986 | 858M | -4.7% | -41.9M | ||
| FY1985 | 900M | — | — |
- FY2025594M-2.5%
- FY2024609M-0.3%
- FY2023610M-2.2%
- FY2022624M-4.8%
- FY2021655M-3.5%
- FY2020679M-3.8%
- FY2019706M-6.4%
- FY2018754M-5.9%
- FY2017802M-4.0%
- FY2016835M-3.9%
- FY2015869M-3.5%
- FY2014901M-3.3%
- FY2013932M-2.2%
- FY2012953M-2.7%
- FY2011980M-2.6%
- FY20101.01B-0.6%
- FY20091.01B-1.8%
- FY20081.03B-4.1%
- FY20071.07B-1.3%
- FY20061.09B+2.0%
- FY20051.07B+1.6%
- FY20041.05B-2.2%
- FY20031.07B-3.2%
- FY20021.11B+1.8%
- FY20011.09B+0.9%
- FY20001.08B-0.1%
- FY19991.08B+9.7%
- FY1998984M-0.8%
- FY1997992M+13.8%
- FY1996872M+6.0%
- FY1995823M-0.0%
- FY1994823M+0.1%
- FY1993822M+0.7%
- FY1992816M-1.2%
- FY1991826M+2.9%
- FY1990803M-5.2%
- FY1989847M-5.9%
- FY1988900M+6.0%
- FY1987849M-1.0%
- FY1986858M-4.7%
- FY1985900M—
Shares Outstanding values are taken from Union Pacific's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Shares Outstanding at Union Pacific (UNP)
According to Union Pacific's latest reported financial statements, the company's latest reported diluted shares outstanding is 594M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Union Pacific (UNP) diluted shares outstanding is 594M – edged down 2.5% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Union Pacific diluted shares outstanding compounded at -2.7% per year, with a net decline across the window.
Between 2002 and 2025, Union Pacific diluted shares outstanding plunged 46.4%, falling from 1.11B to 594M.
The record annual diluted shares outstanding stands at 1.11B, reached in 2002; the historical low of 594M was recorded in 2025.
Union Pacific Shares Outstanding by Year
Union Pacific Shares Outstanding 2025: 594M
Union Pacific posted diluted shares outstanding of 594M in 2025, edged down 2.5% below 2024. This figure represents the lowest annual value in the available history.
Union Pacific Shares Outstanding 2024: 609M
In 2024, Union Pacific reported diluted shares outstanding of 609M, edged down 0.3% below 2023.
Union Pacific Shares Outstanding 2023: 610M
Union Pacific diluted shares outstanding in 2023 was 610M, edged down 2.2% below 2022.
Union Pacific Shares Outstanding 2022: 624M
2022's diluted shares outstanding for Union Pacific came in at 624M, edged down 4.8% below 2021.
Union Pacific Shares Outstanding 2021: 655M
Union Pacific diluted shares outstanding in 2021 was 655M.
See more financial history for Union Pacific (UNP).
Sector peers by Shares Outstanding
Industrials peers of Union Pacific (UNP), ranked by their latest diluted shares outstanding
| 2.93B | |
| 1.36B | |
| 1.07B | |
| 762M | |
| 469M | |
| 390M | |
| 272M | |
| 232M |
- 2.93B
- 1.36B
- 1.07B
- 762M
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- Buybacks0.53% TTM
- Dividend Profile1.89% yield
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- Stock Split History6 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.