diff --git a/features/plugin-update.feature b/features/plugin-update.feature
index 2f17974f..56a858ad 100644
--- a/features/plugin-update.feature
+++ b/features/plugin-update.feature
@@ -13,8 +13,8 @@ Feature: Update WordPress plugins
 
     When I run `wp plugin list`
     Then STDOUT should be a table containing rows:
-      | name               | status   | update    | version | auto_update |
-      | wordpress-importer | inactive | available | 0.5     | off         |
+      | name               | status   | update    | version | update_version   | auto_update |
+      | wordpress-importer | inactive | available | 0.5     | {UPDATE_VERSION} | off         |
 
     When I try `wp plugin update akismet --version=0.5.3`
     Then STDERR should be:
@@ -25,16 +25,16 @@ Feature: Update WordPress plugins
 
     When I run `wp plugin list`
     Then STDOUT should be a table containing rows:
-      | name               | status   | update    | version | auto_update |
-      | wordpress-importer | inactive | available | 0.5     | off         |
+      | name               | status   | update    | version | update_version   | auto_update |
+      | wordpress-importer | inactive | available | 0.5     | {UPDATE_VERSION} | off         |
 
     When I run `wp plugin update wordpress-importer`
     Then STDOUT should not be empty
 
     When I run `wp plugin list`
     Then STDOUT should be a table containing rows:
-      | name               | status   | update    | version           | auto_update |
-      | wordpress-importer | inactive | none      | {UPDATE_VERSION}  | off         |
+      | name               | status   | update    | version           | update_version | auto_update |
+      | wordpress-importer | inactive | none      | {UPDATE_VERSION}  |                | off         |
 
   Scenario: Error when both --minor and --patch are provided
     Given a WP install
diff --git a/features/plugin.feature b/features/plugin.feature
index 3d89d976..5720332d 100644
--- a/features/plugin.feature
+++ b/features/plugin.feature
@@ -63,8 +63,8 @@ Feature: Manage WordPress plugins
 
     When I run `wp plugin list`
     Then STDOUT should be a table containing rows:
-      | name       | status | update | version | auto_update |
-      | Zombieland | active | none   | 0.1.0   | off         |
+      | name       | status | update | version | update_version | auto_update |
+      | Zombieland | active | none   | 0.1.0   |                | off         |
 
     When I try `wp plugin uninstall Zombieland`
     Then STDERR should be:
@@ -131,8 +131,8 @@ Feature: Manage WordPress plugins
 
     When I run `wp plugin list`
     Then STDOUT should be a table containing rows:
-      | name               | status   | update    | version | auto_update |
-      | wordpress-importer | active   | available | 0.5     | off         |
+      | name               | status   | update    | version | update_version   | auto_update |
+      | wordpress-importer | active   | available | 0.5     | {UPDATE_VERSION} | off         |
 
     When I try `wp plugin update`
     Then STDERR should be:
@@ -650,11 +650,14 @@ Feature: Manage WordPress plugins
 
     When I run `wp plugin list --name=hello-dolly  --field=version`
     And save STDOUT as {PLUGIN_VERSION}
+    
+    When I run `wp plugin list --name=hello-dolly  --field=update_version`
+    And save STDOUT as {UPDATE_VERSION}
 
     When I run `wp plugin list`
     Then STDOUT should be a table containing rows:
-      | name               | status   | update                       | version          | auto_update |
-      | hello-dolly        | inactive | version higher than expected | {PLUGIN_VERSION} | off         |
+      | name               | status   | update                       | version          | update_version   | auto_update |
+      | hello-dolly        | inactive | version higher than expected | {PLUGIN_VERSION} | {UPDATE_VERSION} | off         |
 
     When I try `wp plugin update --all`
     Then STDERR should be:
diff --git a/features/theme.feature b/features/theme.feature
index 2e98631f..ed158801 100644
--- a/features/theme.feature
+++ b/features/theme.feature
@@ -77,10 +77,14 @@ Feature: Manage WordPress themes
     When I run `wp theme install p2 --version=1.4.2`
     Then STDOUT should not be empty
 
+    When I run `wp theme list --name=p2 --field=update_version`
+    Then STDOUT should not be empty
+    And save STDOUT as {UPDATE_VERSION}
+
     When I run `wp theme list`
     Then STDOUT should be a table containing rows:
-      | name  | status   | update    | version   | auto_update |
-      | p2    | inactive | available | 1.4.2     | off         |
+      | name  | status   | update    | version   | update_version   | auto_update |
+      | p2    | inactive | available | 1.4.2     | {UPDATE_VERSION} | off         |
 
     When I run `wp theme activate p2`
     Then STDOUT should not be empty
@@ -97,8 +101,8 @@ Feature: Manage WordPress themes
 
     When I run `wp theme list`
     Then STDOUT should be a table containing rows:
-      | name  | status   | update    | version   | auto_update |
-      | p2    | active   | available | 1.4.1     | off         |
+      | name  | status   | update    | version   | update_version   | auto_update |
+      | p2    | active   | available | 1.4.1     | {UPDATE_VERSION} | off         |
 
     When I try `wp theme update`
     Then STDERR should be:
diff --git a/features/upgradables.feature b/features/upgradables.feature
index 2c5f9fec..6cd63b8d 100644
--- a/features/upgradables.feature
+++ b/features/upgradables.feature
@@ -51,10 +51,14 @@ Feature: Manage WordPress themes and plugins
        "<item_title>"
        """
 
+    When I run `wp <type> list --name=<item> --field=update_version`
+    Then STDOUT should not be empty
+    And save STDOUT as {UPDATE_VERSION}
+
     When I run `wp <type> list`
     Then STDOUT should be a table containing rows:
-      | name   | status   | update    | version   | auto_update |
-      | <item> | inactive | available | <version> | off         |
+      | name   | status   | update    | version   | update_version   | auto_update |
+      | <item> | inactive | available | <version> | {UPDATE_VERSION} | off         |
 
     When I run `wp <type> list --field=name`
     Then STDOUT should contain:
diff --git a/src/Plugin_Command.php b/src/Plugin_Command.php
index 235bbe58..00233cc3 100644
--- a/src/Plugin_Command.php
+++ b/src/Plugin_Command.php
@@ -52,6 +52,7 @@ class Plugin_Command extends \WP_CLI\CommandWithUpgrade {
 		'status',
 		'update',
 		'version',
+		'update_version',
 		'auto_update',
 	);
 
@@ -1176,10 +1177,10 @@ public function delete( $args, $assoc_args = array() ) {
 	 * * status
 	 * * update
 	 * * version
+	 * * update_version
 	 *
 	 * These fields are optionally available:
 	 *
-	 * * update_version
 	 * * update_package
 	 * * update_id
 	 * * title
@@ -1192,22 +1193,22 @@ public function delete( $args, $assoc_args = array() ) {
 	 *
 	 *     # List active plugins on the site.
 	 *     $ wp plugin list --status=active --format=json
-	 *     [{"name":"dynamic-hostname","status":"active","update":"none","version":"0.4.2"},{"name":"tinymce-templates","status":"active","update":"none","version":"4.4.3"},{"name":"wp-multibyte-patch","status":"active","update":"none","version":"2.4"},{"name":"wp-total-hacks","status":"active","update":"none","version":"2.0.1"}]
+	 *     [{"name":"dynamic-hostname","status":"active","update":"none","version":"0.4.2","update_version": ""},{"name":"tinymce-templates","status":"active","update":"none","version":"4.4.3","update_version": ""},{"name":"wp-multibyte-patch","status":"active","update":"none","version":"2.4","update_version": ""},{"name":"wp-total-hacks","status":"active","update":"none","version":"2.0.1","update_version": ""}]
 	 *
 	 *     # List plugins on each site in a network.
 	 *     $ wp site list --field=url | xargs -I % wp plugin list --url=%
-	 *     +---------+----------------+--------+---------+
-	 *     | name    | status         | update | version |
-	 *     +---------+----------------+--------+---------+
-	 *     | akismet | active-network | none   | 3.1.11  |
-	 *     | hello   | inactive       | none   | 1.6     |
-	 *     +---------+----------------+--------+---------+
-	 *     +---------+----------------+--------+---------+
-	 *     | name    | status         | update | version |
-	 *     +---------+----------------+--------+---------+
-	 *     | akismet | active-network | none   | 3.1.11  |
-	 *     | hello   | inactive       | none   | 1.6     |
-	 *     +---------+----------------+--------+---------+
+	 *     +---------+----------------+--------+---------+----------------+
+	 *     | name    | status         | update | version | update_version |
+	 *     +---------+----------------+--------+---------+----------------+
+	 *     | akismet | active-network | none   | 3.1.11  |                |
+	 *     | hello   | inactive       | none   | 1.6     | 1.7.2          |
+	 *     +---------+----------------+--------+---------+----------------+
+	 *     +---------+----------------+--------+---------+----------------+
+	 *     | name    | status         | update | version | update_version |
+	 *     +---------+----------------+--------+---------+----------------+
+	 *     | akismet | active-network | none   | 3.1.11  |                |
+	 *     | hello   | inactive       | none   | 1.6     | 1.7.2          |
+	 *     +---------+----------------+--------+---------+----------------+
 	 *
 	 * @subcommand list
 	 */
diff --git a/src/Theme_Command.php b/src/Theme_Command.php
index 4470b7cb..9d55b50b 100644
--- a/src/Theme_Command.php
+++ b/src/Theme_Command.php
@@ -54,6 +54,7 @@ class Theme_Command extends CommandWithUpgrade {
 		'status',
 		'update',
 		'version',
+		'update_version',
 		'auto_update',
 	];
 
@@ -852,10 +853,10 @@ public function delete( $args, $assoc_args ) {
 	 * * status
 	 * * update
 	 * * version
+	 * * update_version
 	 *
 	 * These fields are optionally available:
 	 *
-	 * * update_version
 	 * * update_package
 	 * * update_id
 	 * * title
@@ -866,9 +867,9 @@ public function delete( $args, $assoc_args ) {
 	 *
 	 *     # List themes
 	 *     $ wp theme list --status=inactive --format=csv
-	 *     name,status,update,version
-	 *     twentyfourteen,inactive,none,1.7
-	 *     twentysixteen,inactive,available,1.1
+	 *     name,status,update,version,update_version
+	 *     twentyfourteen,inactive,none,1.7,
+	 *     twentysixteen,inactive,available,1.1,
 	 *
 	 * @subcommand list
 	 */
diff --git a/src/WP_CLI/CommandWithUpgrade.php b/src/WP_CLI/CommandWithUpgrade.php
index d345a1e7..53c45df7 100755
--- a/src/WP_CLI/CommandWithUpgrade.php
+++ b/src/WP_CLI/CommandWithUpgrade.php
@@ -511,6 +511,10 @@ protected function _list( $_, $assoc_args ) {
 				$item['version'] = '';
 			}
 
+			if ( empty( $item['update_version'] ) ) {
+				$item['update_version'] = '';
+			}
+
 			foreach ( $item as $field => &$value ) {
 				if ( 'update' === $field ) {
 					if ( true === $value ) {