# Union Pacific Corporation (UNP) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Industrials / Rail & Road Transport. Price $303.43, market value $180.3 billion.

## Valuation
- **P/E (trailing): 23.7×** (5-yr avg 20.2×, 3-yr avg 20.4×). Union Pacific Corporation trades at 23.7× trailing earnings, close to its own five-year average of 20.2×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 21.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 2.63**. A PEG of 2.63 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 6.8×**. Each dollar of revenue is priced at 6.8×.
- **Price / book: 8.2×**. The shares trade at 8.2× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 3.7%** (5-yr avg 4.1%). Free cash flow equals 3.7% of the market value, in line with its five-year average of 4.1%.
- **Earnings yield: 4.2%**. The inverse of the P/E: 4.2% of the price is earned each year.

## Profitability
- **Operating margin: 40.1%**. 40.1% of revenue is left after running the business, an exceptional level.
- **Net margin: 29.1%**. 29.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 38.7%**. 38.7% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 17.0%**. Return on all capital, debt included, is 17.0%: comfortably above what that capital costs.
- **Return on assets: 10.9%**. Each dollar of assets produces 10.9% of profit.

## Growth
- **Revenue growth (1 yr): 1.1%** (3-yr -0.5%/yr, 5-yr 4.6%/yr). Revenue grew 1.1% over the last year, against 4.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 8.0%** (3-yr 2.2%/yr, 5-yr 8.7%/yr). Earnings per share rose 8.0%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -1.4%/yr**. Free cash flow has compounded at -1.4% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 1.72**. Debt is 1.72 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Current ratio: 0.91** (quick 0.91). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 3.29**. A Z-score of 3.29 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 1.87%** ($5.56 per share, trailing). Union Pacific Corporation yields 1.87%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 45%** (49% of free cash flow). 45% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 7.0%/yr** (1-yr 3.0%). The dividend has grown 7.0% a year over five years.

## Analyst view
- **Analyst consensus: buy** (24 analysts). 24 analysts cover Union Pacific Corporation; the consensus is buy, with an average price target of $331.38 (+9% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 41.6%** (YTD 34.1%, 3-mo 5.4%). The shares are up 41.6% over twelve months including dividends.
- **From 52-week high: -4.0%** (40.3% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 72**. An RSI of 72 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 0.18** (volatility 23%). Beta of 0.18 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=UNP · Page: https://foliofundamentals.com/stocks/unp

Not investment advice.