Union Pacific Corporation
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 14.5 | 36.0 | – | 14.6 | 16.3 | 16.0 | 12.4 | 11.8 | 29.2 | 20.9 | 15.6 | 18.2 | 10.5 | 17.1 | 16.8 | 15.8 | 15.2 | 17.8 | 20.7 | 14.2 | 20.5 | 10.0 | 17.5 | 21.6 | 26.4 | 25.3 | 18.5 | 23.5 | 20.6 | 19.2 | |
| 1.5 | 1.4 | 1.1 | 1.0 | 1.2 | 1.3 | 1.3 | 1.6 | 1.4 | 1.6 | 1.6 | 2.1 | 1.4 | 2.3 | 2.7 | 2.7 | 2.9 | 3.6 | 4.5 | 3.1 | 4.3 | 5.1 | 4.6 | 5.9 | 7.2 | 7.6 | 5.2 | 6.2 | 5.7 | 5.6 | |
| 1.6 | 1.9 | 1.5 | 1.5 | 1.6 | 1.6 | 1.6 | 1.5 | 1.4 | 1.6 | 1.6 | 2.2 | 1.6 | 1.9 | 2.6 | 2.8 | 3.0 | 3.7 | 5.1 | 3.3 | 4.3 | 4.3 | 5.1 | 7.0 | 8.3 | 11.7 | 10.6 | 10.1 | 8.2 | 7.4 | |
| 1.5 | 1.4 | 1.1 | 1.0 | 2.0 | 2.1 | 2.0 | 2.3 | 2.0 | 2.1 | 2.0 | 2.5 | 1.8 | 2.9 | 3.2 | 3.0 | 3.2 | 3.9 | 4.9 | 3.7 | 5.0 | 5.8 | 5.5 | 7.0 | 8.5 | 8.9 | 6.5 | 7.5 | 7.0 | 6.8 | |
| 5.5 | 6.7 | 10.2 | 3.9 | 7.4 | 7.6 | 6.8 | 8.0 | 9.9 | 9.0 | 7.3 | 8.4 | 5.8 | 8.4 | 8.4 | 8.0 | 7.9 | 9.4 | 10.8 | 7.9 | 10.6 | 11.8 | 11.6 | 13.8 | 16.1 | 16.4 | 12.8 | 15.2 | 13.5 | 12.9 | |
| 44.1 | – | – | 336.9 | 78.2 | 36.9 | 45.7 | 27.8 | 48.9 | 50.4 | 245.3 | 210.7 | 27.3 | 10.4 | 28.7 | 19.9 | 24.7 | 23.5 | 35.3 | 25.2 | 21.5 | 27.1 | 19.9 | 24.8 | 25.2 | 27.1 | 22.5 | 31.4 | 23.5 | 25.0 | |
| 2.3% | -3.2% | -13.9% | 0.3% | 1.3% | 2.7% | 2.2% | 3.6% | 2.0% | 2.0% | 0.4% | 0.5% | 3.7% | 9.6% | 3.5% | 5.0% | 4.0% | 4.3% | 2.8% | 4.0% | 4.6% | 3.7% | 5.0% | 4.0% | 4.0% | 3.7% | 4.4% | 3.2% | 4.2% | 4.0% | |
| Margins | ||||||||||||||||||||||||||||||
| 70.0% | 66.7% | 73.1% | 75.5% | 72.9% | 73.6% | 67.6% | 65.0% | 59.5% | 57.1% | 58.6% | 59.0% | 59.9% | 84.3% | 81.3% | 65.5% | 36.0% | 37.8% | 40.3% | 41.1% | 41.5% | 42.4% | 41.8% | 44.3% | 47.0% | 48.2% | 45.0% | 43.7% | 45.5% | 59.4% | |
| 17.4% | 11.3% | -1.6% | 16.0% | 16.0% | 17.3% | 18.6% | 18.5% | 10.6% | 13.2% | 18.5% | 20.7% | 22.7% | 23.9% | 29.4% | 29.3% | 32.2% | 33.9% | 36.5% | 36.9% | 36.5% | 38.0% | 37.3% | 39.4% | 40.1% | 42.8% | 39.9% | 37.7% | 40.1% | 40.1% | |
| 10.3% | 3.9% | -6.0% | 7.2% | 7.1% | 8.1% | 10.7% | 13.7% | 4.9% | 7.6% | 10.3% | 11.4% | 13.0% | 13.4% | 16.4% | 16.8% | 18.8% | 20.0% | 21.6% | 21.9% | 21.2% | 50.4% | 26.1% | 27.3% | 27.4% | 29.9% | 28.1% | 26.4% | 27.8% | 29.1% | |
| 3.4% | -4.5% | -14.6% | 0.3% | 1.5% | 3.5% | 2.9% | 5.8% | 3.0% | 3.1% | 0.7% | 1.0% | 5.0% | 21.9% | 9.6% | 13.4% | 11.6% | 15.1% | 12.7% | 12.4% | 20.2% | 18.7% | 23.0% | 23.8% | 28.7% | 28.0% | 23.1% | 19.8% | 24.3% | 22.4% | |
| Returns | ||||||||||||||||||||||||||||||
| 11.0% | 5.3% | -8.6% | 10.1% | 9.7% | 10.1% | 12.6% | 12.8% | 4.8% | 7.5% | 10.5% | 11.9% | 15.1% | 11.2% | 15.7% | 17.7% | 19.8% | 20.7% | 24.4% | 23.1% | 21.2% | 43.1% | 29.2% | 32.7% | 31.5% | 46.1% | 57.5% | 43.1% | 39.9% | 38.7% | |
| 3.2% | 1.5% | -2.2% | 2.7% | 2.8% | 3.1% | 4.1% | 4.7% | 1.7% | 2.9% | 4.4% | 4.9% | 5.9% | 4.5% | 6.5% | 7.3% | 8.4% | 8.8% | 9.9% | 8.7% | 7.6% | 18.5% | 10.1% | 9.6% | 8.6% | 10.3% | 10.7% | 9.5% | 10.0% | 10.2% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| -64 | 143 | 5.0 | 39 | 9,746 | 9,467 | 8,835 | 7,462 | 7,154 | 6,643 | 5,953 | 6,804 | 7,678 | 7,998 | 8,156 | 7,689 | 7,934 | 8,145 | 9,894 | 12,810 | 13,730 | 15,669 | 21,118 | 24,731 | 25,251 | 29,099 | 32,684 | 31,879 | 30,522 | 29,801 | |
| 0.0 | 0.1 | 0.0 | 0.0 | 3.1 | 2.9 | 2.4 | 2.3 | 2.9 | 2.1 | 1.4 | 1.4 | 1.4 | 1.7 | 1.3 | 1.0 | 0.9 | 0.9 | 0.9 | 1.2 | 1.4 | 1.5 | 2.0 | 2.2 | 2.4 | 2.5 | 2.6 | 2.7 | 2.4 | 2.3 | |
| 29.5% | 28.6% | 25.2% | 26.8% | 28.4% | 30.3% | 32.5% | 36.9% | 36.6% | 38.5% | 41.9% | 41.0% | 38.9% | 39.8% | 41.2% | 41.2% | 42.2% | 42.7% | 40.5% | 37.9% | 35.8% | 43.0% | 34.5% | 29.4% | 27.2% | 22.3% | 18.6% | 22.0% | 24.9% | 26.5% | |
| 0.0 | 0.0 | 0.0 | 0.0 | 1.1 | 1.0 | 0.9 | 0.6 | 0.6 | 0.5 | 0.4 | 0.5 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.7 | 0.8 | 0.7 | 1.1 | 1.4 | 1.6 | 2.1 | 2.8 | 2.2 | 1.9 | 1.7 | |
| Per Share | ||||||||||||||||||||||||||||||
| 1.04 | 0.44 | -0.64 | 0.75 | 0.78 | 0.89 | 1.21 | 1.48 | 0.58 | 0.96 | 1.48 | 1.73 | 2.27 | 1.87 | 2.76 | 3.36 | 4.14 | 4.71 | 5.75 | 5.49 | 5.07 | 13.36 | 7.91 | 8.38 | 7.88 | 9.95 | 11.21 | 10.45 | 11.09 | 12.03 | |
| 10.08 | 11.16 | 10.72 | 10.45 | 11.02 | 11.01 | 11.28 | 10.78 | 11.65 | 12.74 | 14.32 | 15.17 | 17.45 | 13.98 | 16.87 | 19.96 | 21.96 | 23.58 | 26.62 | 25.09 | 23.87 | 26.49 | 30.27 | 30.74 | 28.76 | 33.27 | 39.86 | 39.53 | 39.85 | 41.30 | |
| 9.43 | 8.29 | 7.51 | 7.41 | 8.04 | 8.80 | 9.62 | 11.52 | 12.07 | 12.86 | 14.08 | 14.52 | 15.00 | 16.61 | 17.66 | 18.96 | 20.86 | 22.78 | 23.51 | 23.81 | 23.86 | 31.00 | 27.08 | 25.67 | 24.97 | 21.61 | 19.49 | 24.23 | 27.75 | 31.12 | |
| 0.34 | -0.50 | -1.57 | 0.03 | 0.16 | 0.39 | 0.33 | 0.63 | 0.34 | 0.40 | 0.09 | 0.15 | 0.88 | 3.07 | 1.61 | 2.67 | 2.54 | 3.57 | 3.37 | 3.10 | 4.81 | 4.96 | 6.96 | 7.30 | 8.27 | 9.30 | 9.20 | 7.82 | 9.68 | 9.27 | |
Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.