SuperworthUnion Pacific shares outstanding UNP
Diluted shares outstanding, averaged over each quarter, from 2008.
- Latest quarter, to Sep 30, 2026
- 594.5M
- On a year earlier
- +0.2%
- more shares
Union Pacific had 594.5M diluted shares outstanding on average in Q3 FY26, the quarter to Sep 30, 2026.
That is about the same as a year earlier.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 593.5M | −2% |
| FY2024 | 605.2M | −1% |
| FY2023 | 609.9M | −1% |
| FY2022 | 613.7M | −4% |
| FY2021 | 642.1M | −5% |
| FY2020 | 674.3M | −3% |
| FY2019 | 695.1M | −5% |
| FY2018 | 733.2M | −7% |
| FY2017 | 787.5M | −4% |
| FY2016 | 822.9M | −4% |
| FY2015 | 854M | −4% |
| FY2014 | 890.1M | −3% |
| FY2013 | 921.4M | −2% |
| FY2012 | 944.6M | −3% |
| FY2011 | 969.6M | −3% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q3 FY26 | 594.5M | +0% | |
| Q2 FY26 | 594M | −0% | |
| Q1 FY26 | 593.6M | −1% | |
| Q4 FY25 | 593.5M | −2% | |
| Q3 FY25 | 593.2M | −3% | |
| Q2 FY25 | 594.8M | −3% | |
| Q1 FY25 | 601.9M | −1% | |
| Q4 FY24 | 605.2M | −1% | |
| Q3 FY24 | 608.6M | −0% | |
| Q2 FY24 | 610.3M | +0% | |
| Q1 FY24 | 610.2M | −0% | |
| Q4 FY23 | 609.9M | −1% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Union Pacific
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.