Union Pacific Corporation

UNP Industrials Railroads

Union Pacific Corporation’s revenue for fiscal 2025 (year ended December 2025) was $24.5 billion, up 1.07% from fiscal 2024. In the quarter to June 2026, revenue grew 11.5%, EPS grew 6.33%, free cash flow grew 57.7% and total debt fell 7.58%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

289.04 0.33 +0.11%
Market cap
$171.5B
P/E
23.4×
Fwd P/E
21.9×
Dividend yield
1.92%
F-score
8/9
Altman Z
3.82
Beneish M
−2.64
Dividend safety
73/100

Union Pacific Corporation (UNP) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Union Pacific Corporation (UNP) trades at a P/B ratio of 8.3×. Over the past ten years it has ranged from 2.9× (January 2016) to 14.5× (March 2022); the current reading is higher than 61% of that period. That is above the Railroads industry median of 4.3× and above the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 7.5× (9.15%)
FY2024 8.2× (18.20%)
FY2023 10.0× (5.64%)
FY2022 10.6× (8.63%)
FY2021 11.6× 39.86%
FY2020 8.3× 18.53%
FY2019 7.0× 38.05%
FY2018 5.1× 16.53%
FY2017 4.4× 1.87%
FY2016 4.3× 30.85%

Quarterly newest first

Period P/B ratio Change
Jun 2026 7.8× 5.37%
Mar 2026 7.4× (0.59%)
Dec 2025 7.5× (7.90%)
Sep 2025 8.1× (3.75%)
42 more quarters

Against its own ten years

Low 2.9× High 14.5×
Ten-year median 7.7×
Current reading's percentile 58

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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