UNION PACIFIC CORP (UNP.DE) Fundamental Analysis & Valuation
FRA:UNP • US9078181081
227.1 EUR
+1.25 (+0.55%)
Last: Mar 4, 2026, 07:00 PM
This UNP.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 6 out of 10 to UNP. UNP was compared to 16 industry peers in the Ground Transportation industry. UNP scores excellent on profitability, but there are some minor concerns on its financial health. UNP is quite expensive at the moment. It does show a decent growth rate.
1. UNP.DE Profitability Analysis
1.1 Basic Checks
- In the past year UNP was profitable.
- In the past year UNP had a positive cash flow from operations.
- UNP had positive earnings in each of the past 5 years.
- UNP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- UNP has a better Return On Assets (10.24%) than 81.25% of its industry peers.
- Looking at the Return On Equity, with a value of 38.65%, UNP belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 11.77%, UNP belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for UNP is above the industry average of 9.42%.
- The last Return On Invested Capital (11.77%) for UNP is above the 3 year average (11.70%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.24% | ||
| ROE | 38.65% | ||
| ROIC | 11.77% |
ROA(3y)9.9%
ROA(5y)10.13%
ROE(3y)40.58%
ROE(5y)45.07%
ROIC(3y)11.7%
ROIC(5y)12.08%
1.3 Margins
- UNP has a better Profit Margin (29.12%) than 87.50% of its industry peers.
- UNP's Profit Margin has been stable in the last couple of years.
- Looking at the Operating Margin, with a value of 40.17%, UNP belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
- UNP's Operating Margin has been stable in the last couple of years.
- With an excellent Gross Margin value of 79.53%, UNP belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
- In the last couple of years the Gross Margin of UNP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.17% | ||
| PM (TTM) | 29.12% | ||
| GM | 79.53% |
OM growth 3Y0.25%
OM growth 5Y0.03%
PM growth 3Y1.16%
PM growth 5Y1.24%
GM growth 3Y1.37%
GM growth 5Y-0.95%
2. UNP.DE Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), UNP is creating some value.
- UNP has less shares outstanding than it did 1 year ago.
- UNP has less shares outstanding than it did 5 years ago.
- UNP has a better debt/assets ratio than last year.
2.2 Solvency
- The Debt to FCF ratio of UNP is 5.79, which is a neutral value as it means it would take UNP, 5.79 years of fcf income to pay off all of its debts.
- UNP has a Debt to FCF ratio of 5.79. This is amongst the best in the industry. UNP outperforms 81.25% of its industry peers.
- UNP has a Debt/Equity ratio of 1.64. This is a high value indicating a heavy dependency on external financing.
- UNP has a worse Debt to Equity ratio (1.64) than 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | 5.79 | ||
| Altman-Z | N/A |
ROIC/WACC1.16
WACC10.14%
2.3 Liquidity
- A Current Ratio of 0.91 indicates that UNP may have some problems paying its short term obligations.
- With a Current ratio value of 0.91, UNP perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
- UNP has a Quick Ratio of 0.91. This is a bad value and indicates that UNP is not financially healthy enough and could expect problems in meeting its short term obligations.
- UNP's Quick ratio of 0.91 is in line compared to the rest of the industry. UNP outperforms 43.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 |
3. UNP.DE Growth Analysis
3.1 Past
- The Earnings Per Share has been growing slightly by 4.76% over the past year.
- Measured over the past 5 years, UNP shows a small growth in Earnings Per Share. The EPS has been growing by 7.34% on average per year.
- UNP shows a small growth in Revenue. In the last year, the Revenue has grown by 1.07%.
- UNP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.64% yearly.
EPS 1Y (TTM)4.76%
EPS 3Y0.9%
EPS 5Y7.34%
EPS Q2Q%-3.38%
Revenue 1Y (TTM)1.07%
Revenue growth 3Y-0.49%
Revenue growth 5Y4.64%
Sales Q2Q%-0.59%
3.2 Future
- Based on estimates for the next years, UNP will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.41% on average per year.
- UNP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.75% yearly.
EPS Next Y7.86%
EPS Next 2Y8.31%
EPS Next 3Y8.74%
EPS Next 5Y12.41%
Revenue Next Year3.06%
Revenue Next 2Y3.9%
Revenue Next 3Y4.08%
Revenue Next 5Y10.75%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. UNP.DE Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 22.66, the valuation of UNP can be described as rather expensive.
- The rest of the industry has a similar Price/Earnings ratio as UNP.
- UNP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.03.
- Based on the Price/Forward Earnings ratio of 21.02, the valuation of UNP can be described as rather expensive.
- UNP's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 25.11. UNP is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.66 | ||
| Fwd PE | 21.02 |
4.2 Price Multiples
- UNP's Enterprise Value to EBITDA ratio is in line with the industry average.
- UNP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.55 | ||
| EV/EBITDA | 15.23 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates UNP does not grow enough to justify the current Price/Earnings ratio.
- UNP has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.88
PEG (5Y)3.09
EPS Next 2Y8.31%
EPS Next 3Y8.74%
5. UNP.DE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 2.08%, UNP has a reasonable but not impressive dividend return.
- UNP's Dividend Yield is a higher than the industry average which is at 1.95.
- Compared to an average S&P500 Dividend Yield of 1.82, UNP has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
5.2 History
- On average, the dividend of UNP grows each year by 7.01%, which is quite nice.
Dividend Growth(5Y)7.01%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- 45.33% of the earnings are spent on dividend by UNP. This is a bit on the high side, but may be sustainable.
- UNP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP45.33%
EPS Next 2Y8.31%
EPS Next 3Y8.74%
UNP.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:UNP (3/4/2026, 7:00:00 PM)
227.1
+1.25 (+0.55%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)01-27 2026-01-27/bmo
Earnings (Next)04-22 2026-04-22/bmo
Inst Owners86.93%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap134.76B
Revenue(TTM)24.51B
Net Income(TTM)7.14B
Analysts78.06
Price Target229.23 (0.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
Yearly Dividend4.58
Dividend Growth(5Y)7.01%
DP45.33%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.26%
Min EPS beat(2)-1.36%
Max EPS beat(2)1.88%
EPS beat(4)2
Avg EPS beat(4)0.2%
Min EPS beat(4)-2.76%
Max EPS beat(4)3.06%
EPS beat(8)5
Avg EPS beat(8)1.27%
EPS beat(12)8
Avg EPS beat(12)0.84%
EPS beat(16)10
Avg EPS beat(16)0.61%
Revenue beat(2)0
Avg Revenue beat(2)-1.28%
Min Revenue beat(2)-1.54%
Max Revenue beat(2)-1.01%
Revenue beat(4)0
Avg Revenue beat(4)-1.4%
Min Revenue beat(4)-1.9%
Max Revenue beat(4)-1.01%
Revenue beat(8)0
Avg Revenue beat(8)-1.35%
Revenue beat(12)1
Avg Revenue beat(12)-1.37%
Revenue beat(16)4
Avg Revenue beat(16)-0.9%
PT rev (1m)0.87%
PT rev (3m)0.29%
EPS NQ rev (1m)0.53%
EPS NQ rev (3m)-2.49%
EPS NY rev (1m)-0.08%
EPS NY rev (3m)-1.35%
Revenue NQ rev (1m)0.34%
Revenue NQ rev (3m)-0.88%
Revenue NY rev (1m)-0.29%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.66 | ||
| Fwd PE | 21.02 | ||
| P/S | 6.4 | ||
| P/FCF | 28.55 | ||
| P/OCF | 16.9 | ||
| P/B | 8.5 | ||
| P/tB | 8.5 | ||
| EV/EBITDA | 15.23 |
EPS(TTM)10.02
EY4.41%
EPS(NY)10.81
Fwd EY4.76%
FCF(TTM)7.96
FCFY3.5%
OCF(TTM)13.44
OCFY5.92%
SpS35.46
BVpS26.72
TBVpS26.72
PEG (NY)2.88
PEG (5Y)3.09
Graham Number77.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.24% | ||
| ROE | 38.65% | ||
| ROCE | 15.22% | ||
| ROIC | 11.77% | ||
| ROICexc | 12% | ||
| ROICexgc | 12% | ||
| OM | 40.17% | ||
| PM (TTM) | 29.12% | ||
| GM | 79.53% | ||
| FCFM | 22.44% |
ROA(3y)9.9%
ROA(5y)10.13%
ROE(3y)40.58%
ROE(5y)45.07%
ROIC(3y)11.7%
ROIC(5y)12.08%
ROICexc(3y)11.91%
ROICexc(5y)12.29%
ROICexgc(3y)11.91%
ROICexgc(5y)12.29%
ROCE(3y)15.14%
ROCE(5y)15.62%
ROICexgc growth 3Y-2.66%
ROICexgc growth 5Y2.24%
ROICexc growth 3Y-2.66%
ROICexc growth 5Y2.24%
OM growth 3Y0.25%
OM growth 5Y0.03%
PM growth 3Y1.16%
PM growth 5Y1.24%
GM growth 3Y1.37%
GM growth 5Y-0.95%
F-Score8
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | 5.79 | ||
| Debt/EBITDA | 2.46 | ||
| Cap/Depr | 153.79% | ||
| Cap/Sales | 15.47% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.46% | ||
| Profit Quality | 77.04% | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | N/A |
F-Score8
WACC10.14%
ROIC/WACC1.16
Cap/Depr(3y)151.1%
Cap/Depr(5y)149.49%
Cap/Sales(3y)14.88%
Cap/Sales(5y)14.53%
Profit Quality(3y)79.74%
Profit Quality(5y)82.95%
High Growth Momentum
Growth
EPS 1Y (TTM)4.76%
EPS 3Y0.9%
EPS 5Y7.34%
EPS Q2Q%-3.38%
EPS Next Y7.86%
EPS Next 2Y8.31%
EPS Next 3Y8.74%
EPS Next 5Y12.41%
Revenue 1Y (TTM)1.07%
Revenue growth 3Y-0.49%
Revenue growth 5Y4.64%
Sales Q2Q%-0.59%
Revenue Next Year3.06%
Revenue Next 2Y3.9%
Revenue Next 3Y4.08%
Revenue Next 5Y10.75%
EBIT growth 1Y1.37%
EBIT growth 3Y-0.24%
EBIT growth 5Y4.68%
EBIT Next Year31.96%
EBIT Next 3Y13.89%
EBIT Next 5Y17.65%
FCF growth 1Y-6.7%
FCF growth 3Y-1.43%
FCF growth 5Y-0.41%
OCF growth 1Y-0.6%
OCF growth 3Y-0.26%
OCF growth 5Y1.7%
UNION PACIFIC CORP / UNP.DE FAQ
What is the ChartMill fundamental rating of UNION PACIFIC CORP (UNP.DE) stock?
ChartMill assigns a fundamental rating of 6 / 10 to UNP.DE.
What is the valuation status of UNION PACIFIC CORP (UNP.DE) stock?
ChartMill assigns a valuation rating of 3 / 10 to UNION PACIFIC CORP (UNP.DE). This can be considered as Overvalued.
Can you provide the profitability details for UNION PACIFIC CORP?
UNION PACIFIC CORP (UNP.DE) has a profitability rating of 9 / 10.
How financially healthy is UNION PACIFIC CORP?
The financial health rating of UNION PACIFIC CORP (UNP.DE) is 4 / 10.
How sustainable is the dividend of UNION PACIFIC CORP (UNP.DE) stock?
The dividend rating of UNION PACIFIC CORP (UNP.DE) is 6 / 10 and the dividend payout ratio is 45.33%.