UNION PACIFIC CORP UNP
Last close
289.62
2026-09-04
Market cap
$172.06B
2026-06-30 share count
52-week range
210.84 - 315.99
Valuation FY2025 figures against the last close
P/S7.0x
P/E24.2x
P/FCF31.3x
EV/EBITDA16.5x
Dividend yield1.9%
Diluted EPS11.98
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.51B | $24.25B | $24.12B | $24.88B | $21.80B | $19.53B | $21.71B | $22.83B | $21.24B | $19.94B |
| Total operating expenses | $14.66B | $14.54B | $15.04B | $14.96B | $12.47B | $11.70B | $13.15B | $14.31B | $13.13B | $12.70B |
| Operating income | $9.85B | $9.71B | $9.08B | $9.92B | $9.34B | $7.83B | $8.55B | $8.52B | $8.11B | $7.24B |
| Interest expense | $1.31B | $1.27B | $1.34B | $1.27B | $1.16B | $1.14B | $1.05B | $870.0M | $719.0M | $698.0M |
| Pre-tax income | $9.17B | $8.79B | $8.23B | $9.07B | $8.48B | $6.98B | $7.75B | $7.74B | $7.63B | $6.77B |
| Income tax | $2.03B | $2.05B | $1.85B | $2.07B | $1.96B | $1.63B | $1.83B | $1.77B | $3.08B | $2.53B |
| Net income | $7.14B | $6.75B | $6.38B | $7.00B | $6.52B | $5.35B | $5.92B | $5.97B | $10.71B | $4.23B |
| EPS, basic | 12.00 | 11.10 | 10.47 | 11.24 | 9.98 | 7.90 | 8.41 | 7.95 | 13.42 | 5.09 |
| EPS, diluted | 11.98 | 11.09 | 10.45 | 11.21 | 9.95 | 7.88 | 8.38 | 7.91 | 13.36 | 5.07 |
| Shares, diluted (wtd. avg.) | $595.9M | $608.6M | $610.2M | $624.0M | $655.4M | $679.1M | $706.1M | $754.3M | $801.7M | $835.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.27B | $1.02B | $1.05B | $987.0M | $983.0M | $1.80B | $831.0M | $1.27B | $1.27B | $1.28B |
| Receivables | $1.86B | $1.89B | $2.07B | $1.89B | $1.72B | $1.50B | $1.59B | $1.75B | $1.49B | $1.26B |
| Total current assets | $4.55B | $4.02B | $4.15B | $3.95B | $3.55B | $4.21B | $3.46B | $4.16B | $4.01B | $3.60B |
| Property, plant and equipment | — | — | $57.40B | $56.04B | $54.87B | $54.16B | $53.92B | $52.68B | $51.60B | $50.39B |
| Total assets | $69.70B | $67.72B | $67.13B | $65.45B | $63.52B | $62.40B | $61.67B | $59.15B | $57.81B | $55.72B |
| Accounts payable | $804.0M | $847.0M | $856.0M | $784.0M | $752.0M | $612.0M | $749.0M | $872.0M | $1.01B | $955.0M |
| Total current liabilities | $5.01B | $5.25B | $5.11B | $5.52B | $5.74B | $4.17B | $4.35B | $4.63B | $3.94B | $3.64B |
| Long-term debt | $31.81B | $31.19B | $32.58B | $33.33B | $29.73B | $26.73B | $25.20B | $22.39B | $16.94B | $15.01B |
| Total liabilities | $51.23B | $50.83B | $52.34B | $53.29B | $49.36B | $45.44B | $43.55B | $38.72B | $32.95B | $35.79B |
| Retained earnings | $69.53B | $65.63B | $62.09B | $58.89B | $55.05B | $51.33B | $48.60B | $45.28B | $41.32B | $32.59B |
| Total equity | $18.47B | $16.89B | $14.79B | $12.16B | $14.16B | $16.96B | $18.13B | $20.42B | $24.86B | $19.93B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $9.29B | $9.35B | $8.38B | $9.36B | $9.03B | $8.54B | $8.61B | $8.69B | $7.23B | $7.53B |
| Depreciation and amortisation | $2.46B | $2.40B | $2.32B | $2.25B | $2.21B | $2.21B | $2.22B | $2.19B | $2.10B | $2.04B |
| Stock-based compensation | — | — | $107.0M | $99.0M | $88.0M | $73.0M | $93.0M | $96.0M | $103.0M | $82.0M |
| Capital expenditure | $3.79B | $3.45B | $3.61B | $3.62B | $2.94B | $2.93B | $3.45B | $3.44B | $3.24B | $3.50B |
| Investing cash flow | -$3.76B | -$3.33B | -$3.67B | -$3.47B | -$2.71B | -$2.68B | -$3.44B | -$3.41B | -$3.09B | -$3.39B |
| Financing cash flow | -$5.28B | -$6.07B | -$4.62B | -$5.89B | -$7.16B | -$4.90B | -$5.65B | -$5.22B | -$4.15B | -$4.25B |
| Dividends paid | $3.24B | $3.21B | $3.17B | $3.16B | $2.80B | $2.63B | $2.60B | $2.30B | $1.98B | $1.88B |
| Buybacks | $2.68B | $1.50B | $705.0M | $6.28B | $7.29B | $3.71B | $5.80B | $8.22B | $4.01B | $3.10B |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000100885-26-000037.
Others in SIC 4011
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| CSX | CSX CORP | $91.53B | 32.1x | -3.1% |
| CP | CANADIAN PACIFIC KANSAS CITY LTD/CN | $80.52B | — | — |
| NSC | NORFOLK SOUTHERN CORP | $74.00B | 25.8x | 0.5% |
| FIP | FTAI Infrastructure Inc. | $403.0M | — | 51.6% |
| CNI | CANADIAN NATIONAL RAILWAY CO | — | — | — |