Record Earnings Per Share
Union Pacific reported a second quarter earnings per share of $3.15, with an adjusted EPS of $3.03, up 12% versus last year's adjusted results.
Operational Excellence
The adjusted second quarter operating ratio improved 230 basis points to 58.1%, with records in freight revenue excluding fuel surcharge and workforce productivity.
Strong Financial Performance
Operating income grew to $2.5 billion, a second quarter record, and cash from operations totaled $4.5 billion, up more than $500 million versus last year.
Dividend Increase
Union Pacific announced a 3% dividend increase, marking the 19th consecutive year of annual increases.
Intermodal and Coal Segment Growth
Intermodal volumes showed year-over-year growth, and coal volumes significantly exceeded last year's levels due to favorable conditions.