Union Pacific (UNP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Union Pacific

NYSE•Industrials•Railroads

$282.48+1.56(0.01%)After hours

Market Cap

$167.62B

P/E

22.9x

P/S

6.6x

P/B

8.1x

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. It offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, and ethanol and renewable biofuel producers; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers. The company was founded in 1862 and is headquartered in Omaha, Nebraska.

How this company scores

GoodMetricSide Score: 75/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (14/25).

Profitability25/25

Growth17/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality19/25

Strengths

Strong marginsHigh ROEConsistent free cash flowProfit converts from growth

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 22.9x5y range 17.3x – 25.7x

Currently near its 20-quarter median.

P/S · 6.6x5y range 4.8x – 7.6x

Currently near its 20-quarter median.

P/B · 8.1x5y range 7.3x – 14.7x

Price & Volume

Market Cap $167.62B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $25.41B
Q. Revenue: $6.86B
TTM EBITDA: $10.17B
TTM Op. Income: $10.17B
Q. Op. Income: $2.76B
TTM Net Income: $7.33B
Q. Net Income: $1.99B
EPS: $3.36
Shares Out.: $593.40M

$25.41B in TTM revenue grew 4.2% YoY, reaching $6.86B last quarter. TTM EBITDA of $10.17B and TTM operating income of $10.17B show growth is flowing through to the bottom line. TTM net income of $7.33B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 40.3%
Op. Margin: 40.3%
Net Margin: 29.0%

Op. margin of 40.3% is down 0.8% YoY — costs are rising relative to revenue. Net margin at 29.0% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 22.9x
P/S Ratio: 6.6x
P/B Ratio: 8.1x

At 22.9x P/E, the stock trades within typical market levels. P/S of 6.6x and P/B of 8.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $71.21B
Cash: $1.61B
Long-Term Debt: $29.04B
Book Value: $20.67B
D/E Ratio: 1.4
Debt/EBITDA: 10.5

With $71.21B in assets and $29.04B in long-term debt, D/E is 1.4and book value is $20.67B — moderate leverage. Across the last 8 quarters, debt/equity has fallen for 5 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $3.08B
TTM Free Cash Flow: $6.50B
FCF Margin: 25.6%
FCF / Net Income: 0.9

TTM FCF of $6.50B on $3.08B in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.