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.
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Union Pacific Corporation (UNP) Price to free cash flow
As of 16 October 2026, Union Pacific Corporation (UNP) trades at a price to free cash flow of 26.4×. Over the past ten years it has ranged from 15.3× (March 2020) to 35.0× (February 2015); the current reading is higher than 78% of that period. That is in line with the Railroads industry median of 27.3× and above the Industrials sector median of 20.1×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 25.0× | 6.47% |
| FY2024 | 23.5× | (24.34%) |
| FY2023 | 31.1× | 38.02% |
| FY2022 | 22.5× | (16.69%) |
| FY2021 | 27.0× | 10.40% |
| FY2020 | 24.5× | 0.65% |
| FY2019 | 24.3× | 24.45% |
| FY2018 | 19.5× | (25.02%) |
| FY2017 | 26.1× | 26.70% |
| FY2016 | 20.6× | (10.58%) |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 24.8× | (1.72%) |
| Mar 2026 | 25.2× | 0.88% |
| Dec 2025 | 25.0× | 7.48% |
| Sep 2025 | 23.3× | 6.66% |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| TRN Trinity Industries, Inc. compare | n/m |
| FSTR L.B. Foster Company compare | 7.6× |
| RAIL Freightcar America, Inc. compare | 10.6× |
| GBX Greenbrier Companies, Inc. (The) compare | 20.3× |
| UNP Union Pacific Corporation | 26.4× |
| WAB Wabtec compare | 28.2× |
| CSX CSX Corporation compare | 30.5× |
| NSC Norfolk Southern Corporation compare | 38.5× |
| CP Canadian Pacific Kansas City Limited compare | 43.9× |
| Railroads industry median | 27.3× |
| Industrials sector median | 20.1× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on UNP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement