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Union Pacific Corporation UNP
$ 289.62 0.16%
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Quarterly report 2026-Q2
added 07-23-2026

Union Pacific Corporation Financial Ratios 2025-2006 | UNP

Brief overview of Union Pacific Corporation's multiples and efficiency

The review covers five available annual periods spanning 2021 to 2025.

The valuation comparison uses P/E 21.07x (median 21.71x), EV/EBITDA 18.29x (median 14.22x), P/S 6.14x (median 6.14x). The multiple basket looks neutral against its history, differing from median levels by roughly 0%.

Current earnings relative to valuation equal about 4.7% on the 1/P/E measure. This is a valuation reference, not an expected payout.

End-period return metrics are ROE 38.7%, ROA 10.2%, ROCE 53.3%. Returns on capital and assets point to efficient economics and a strong internal source of growth.

Current PEG of 2.94x points to a premium over forecast earnings momentum.

Cash turnover speed was broadly preserved, with the cycle moving from -32.9 days to -33.6 days.

What the ratios show

Union Pacific Corporation's market valuation is near its own historical norm, while quality ratios provide no extreme signal.

Annual Financial Ratios Union Pacific Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006

P/E

21.1 21.7 23.8 18.2 25.0 25.6 21.8 20.2 10.1 21.2 13.1 20.3 18.6 15.7 16.9 6.3 6.9 8.9 8.8 -

P/S

6.1 6.0 6.3 5.1 7.5 7.0 5.9 5.3 5.1 4.5 2.9 4.4 3.7 3.0 2.8 1.0 0.9 1.2 1.0 -

EPS

12 11.1 10.5 11.2 10.0 7.9 8.4 8.0 13.4 5.1 5.5 5.8 4.7 4.2 6.8 5.6 3.8 4.6 3.5 -

EV (Enterprise Value)

200 B 196 B 203 B 180 B 212 B 181 B 172 B 158 B 140 B 124 B 94.9 B 135 B 109 B 88.3 B 81 B 41.8 B 36.6 B 43.7 B 15.3 B -827 M

EBITDA per Share

20.7 19.9 18.7 19.5 17.7 14.8 15.3 14.3 12.7 11.2 11.6 11.9 9.95 8.99 7.56 13 9.55 10.7 8.77 -

EV/EBITDA

16.3 16.2 17.8 14.8 18.3 15.7 14.2 13.2 12.2 11.1 7.5 10.8 9.7 8.2 8.6 6.5 7.6 8.0 3.3 -

PEG

2.94 3.76 4.0 1.99 2.54 4.87 3.76 -0.5 0.06 -2.79 -2.9 0.93 1.36 0.69 0.79 - - - - -

P/B

8.1 8.7 10.3 10.5 11.5 8.1 7.1 5.9 4.3 4.5 3.0 5.0 3.8 3.1 3.0 1.0 0.8 1.4 - -

P/CF

16.2 15.7 18.1 13.6 18.1 16.0 25.0 23.0 27.1 22.4 23.2 34.6 24.5 25.6 21.3 4.3 4.1 5.1 5.0 -

ROE %

38.65 39.95 43.14 57.54 46.06 31.54 32.65 29.21 43.10 21.24 23.05 24.45 20.67 19.84 17.72 15.65 11.25 15.25 11.96 -

ROA %

10.24 9.96 9.50 10.69 10.27 8.57 9.60 10.09 18.53 7.60 8.74 9.83 8.82 8.36 7.30 6.45 4.48 5.91 - -

ROCE %

53.32 57.51 61.41 81.53 65.94 46.20 14.92 15.62 14.96 13.96 15.67 17.88 16.21 15.32 13.70 28.04 20.11 26.58 21.77 -

Current Ratio

1.4 1.3 1.3 1.2 1.3 1.4 0.8 0.9 1.0 1.0 1.3 1.2 1.1 1.2 1.1 1.7 1.7 1.6 - -

DSO

28.0 29.9 30.0 26.5 27.0 29.0 26.8 28.1 25.7 23.0 22.7 24.5 23.5 23.2 26.1 19.9 16.3 6.0 - -

DIO

- - - - - - 22.7 20.4 22.4 22.4 20.9 18.2 17.4 18.0 33.2 - - - - -

DPO

61.5 63.4 62.1 60.3 59.9 62.2 22.6 23.9 30.2 29.9 21.1 22.4 21.4 22.5 44.3 54.5 27.5 - - -

Operating Cycle

27.9 29.9 30.0 26.5 27.0 29.0 49.5 48.4 48.0 45.4 43.6 42.7 40.9 41.2 59.3 19.9 16.3 6.0 - -

Cash Conversion Cycle

-33.6 -33.6 -32.1 -33.8 -32.9 -33.2 26.9 24.5 17.8 15.6 22.5 20.3 19.5 18.7 15.1 -34.6 -11.2 6.0 - -

All numbers in USD currency

Quarterly Financial Ratios Union Pacific Corporation

2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2 2010-Q1 2009-Q3 2009-Q2

EPS

3.36 2.87 - 3.02 3.16 2.71 - 2.75 2.75 2.69 - 2.51 2.58 2.67 - 3.05 2.93 2.58 - 2.58 2.73 2.01 2.05 2.02 1.67 2.15 2.03 2.22 2.23 1.94 2.13 2.16 1.98 1.69 9.29 1.5 1.45 1.32 1.4 1.36 1.17 1.16 1.31 1.51 1.38 1.31 1.62 1.53 1.43 1.2 1.28 1.25 1.19 1.02 2.21 2.21 2.11 1.81 2.01 1.87 1.61 1.31 1.58 1.42 1.02 1.03 0.93

EBITDA per Share

5.73 5.21 - 5.35 5.28 4.96 - 4.97 4.92 4.87 - 4.53 4.57 4.69 - 5.15 4.88 4.64 - 4.6 4.59 3.81 2.99 3.83 3.25 3.93 3.03 3.99 3.98 3.5 3.05 3.82 3.48 3.2 2.88 3.27 3.14 2.84 2.41 2.98 2.58 2.59 2.26 3.15 2.8 2.81 2.69 3.15 2.96 2.55 2.16 2.61 2.49 4.42 3.67 4.73 4.55 4.05 3.37 4.1 3.67 3.13 3.6 3.28 2.69 2.65 2.2

ROE %

40.27 40.77 32.01 42.09 41.90 40.84 30.70 41.61 43.42 46.37 35.89 52.03 55.55 57.36 44.28 56.30 52.73 47.76 34.06 42.20 38.22 32.32 31.54 31.14 31.68 33.67 32.65 32.52 31.74 30.47 29.21 50.88 47.89 45.20 43.10 19.56 20.43 20.64 21.24 20.89 21.50 22.40 23.05 24.41 24.59 24.87 24.45 23.22 22.18 21.30 20.67 20.35 20.17 20.00 19.84 19.81 19.44 18.62 17.72 16.99 16.23 15.00 14.71 13.17 3.00 3.15 2.92

ROA %

10.58 10.16 7.71 10.19 10.05 9.75 7.38 9.68 9.58 9.58 7.14 10.04 10.59 10.76 8.29 10.98 10.97 10.24 7.69 9.90 9.40 8.32 8.57 8.64 8.97 9.70 9.60 9.95 10.12 10.13 10.09 20.05 19.42 18.89 18.53 7.99 7.96 7.69 7.60 7.59 7.94 8.39 8.74 9.43 9.64 9.89 9.84 9.47 9.19 8.96 8.82 8.66 8.56 8.46 8.36 8.30 8.10 7.71 7.30 6.97 6.64 6.11 5.93 5.25 1.21 1.24 1.13

ROCE %

56.29 57.70 45.04 59.61 59.44 59.05 44.27 59.81 61.95 65.81 50.67 73.09 77.18 80.45 62.03 79.51 74.38 68.82 48.84 60.67 55.17 47.63 46.20 45.95 46.30 49.01 47.19 46.42 45.21 43.02 41.70 39.92 37.15 34.91 32.61 33.43 34.92 35.21 36.48 35.89 36.72 37.81 38.89 40.83 41.16 42.11 41.31 39.41 37.65 36.14 35.08 34.46 34.21 34.03 33.93 33.96 33.47 32.29 30.81 30.14 29.03 27.28 27.04 23.70 5.74 5.89 4.69

Current Ratio

1.4 1.4 1.4 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.8 1.8 1.8 1.8 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.6 1.6

DSO

27.4 28.2 - 28.0 28.8 29.2 - 31.1 32.5 32.0 - 28.9 28.9 29.0 - 28.5 29.2 28.6 - 27.4 28.1 29.4 26.7 27.9 32.4 27.1 27.9 26.4 26.0 28.4 27.8 27.0 28.2 27.1 25.0 25.2 25.9 24.5 22.2 22.2 24.1 24.7 23.8 22.2 22.8 24.1 23.9 23.8 24.4 24.5 22.9 23.1 23.6 23.7 23.1 22.7 23.3 24.4 25.0 25.1 26.3 27.4 26.4 26.9 22.4 16.9 -

DPO

68.8 64.8 - 62.7 62.6 65.7 - 63.2 64.7 62.3 - 69.5 66.4 67.2 - 64.7 73.7 67.1 - 56.8 60.9 60.7 - 55.4 61.7 58.6 - 60.3 59.7 61.4 - 63.0 64.1 67.6 - 74.7 76.8 71.2 - 73.2 75.1 63.9 - 53.5 52.0 54.0 - 62.2 64.2 61.1 - 61.3 61.8 61.1 - 63.4 65.4 61.9 - 62.6 64.1 56.8 56.1 30.8 - - -

Operating Cycle

- 28.2 - 28.0 28.8 29.2 - 31.1 32.5 32.0 - 28.9 28.9 29.0 - 28.5 29.2 28.6 - 27.4 28.1 29.4 26.7 27.9 32.4 27.1 27.9 26.4 26.0 28.4 27.8 27.0 28.2 27.1 25.0 25.2 25.9 24.5 22.2 22.2 24.1 24.7 23.8 22.2 22.8 24.1 23.9 23.8 24.4 24.5 22.9 23.1 23.6 23.7 23.1 22.7 23.3 24.4 25.0 25.1 26.3 - - - - - -

Cash Conversion Cycle

- -36.6 - -34.7 -33.8 -36.5 - -32.0 -32.2 -30.3 - -40.6 -37.4 -38.2 - -36.2 -44.5 -38.5 - -29.4 -32.8 -31.2 26.7 -27.5 -29.4 -31.6 27.9 -33.9 -33.7 -33.0 27.8 -36.0 -35.9 -40.5 25.0 -49.5 -50.8 -46.7 22.2 -51.0 -51.0 -39.2 23.8 -31.3 -29.2 -29.9 23.9 -38.4 -39.8 -36.6 22.9 -38.1 -38.2 -37.4 23.1 -40.6 -42.1 -37.6 25.0 -37.6 -37.8 - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Union Pacific Corporation, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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