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) Return on invested capital

Alert me on Return on invested capital

Union Pacific Corporation's return on invested capital over the twelve months to 30 June 2026 was 13.0%, up 0.4 percentage points from fiscal 2025 (12.6%). Over the past ten years it has ranged from 11.7% (fiscal 2020) to 15.0% (fiscal 2015); the current reading is higher than 45% of that period. That is above the Railroads industry median of 7.59% and above the Industrials sector median of 2.30%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 12.6% (0.28)
FY2024 12.9% 0.64
FY2023 12.3% (1.68)
FY2022 13.9% 0.33
FY2021 13.6% 1.90
FY2020 11.7% (0.89)
FY2019 12.6% (0.23)
FY2018 12.8% 0.30
FY2017 12.5% (0.94)
FY2016 13.5% (1.55)

Against its own ten years

Low 11.7% High 15.0%
Ten-year median 12.8%
Current reading's percentile 45

Return on invested capital against peers

Company Return on invested capital
RAIL Freightcar America, Inc. compare 14.8%
UNP Union Pacific Corporation 13.0%
CSX CSX Corporation compare 9.81%
GBX Greenbrier Companies, Inc. (The) compare 8.65%
NSC Norfolk Southern Corporation compare 7.93%
TRN Trinity Industries, Inc. compare 7.59%
WAB Wabtec compare 7.16%
FSTR L.B. Foster Company compare 6.88%
CP Canadian Pacific Kansas City Limited compare 4.91%
Railroads industry median 7.59%
Industrials sector median 2.30%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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