profit from every $100 of sales.

Union Pacific
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $25.18 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Union Pacific sold, what it kept, and what it did with the cash.
Sales went from $24.9 billion in 2022 to $24.5 billion in 2025, with $7.14 billion of profit last year.
Union Pacific handed back more cash to shareholders than it generated last year.
Union Pacific vs. similar companies
Union Pacific grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Union Pacific | 25.2× · Fair price | ||
CSX | 33.2× · Expensive | ||
Canadian Pacific Kansas City | 28.2× · Fair price | ||
Canadian National Railway | 23.1× · Fair price | ||
Norfolk Southern | 25.6× · Fair price |
Compare Union Pacific with Canadian Pacific Kansas City · CSX · Cintas · Fastenal · RELX · Trane Technologies
AI analysis
An AI analyst reads Union Pacific's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 19,533 | 21,804 | 24,875 | 24,119 | 24,250 | 24,510 | |
| – | – | 11,205 | 10,529 | 11,039 | 11,220 | |
| 7,834 | 9,338 | 9,917 | 9,082 | 9,713 | 9,846 | |
| 10,331 | 11,843 | 12,589 | 11,891 | 12,461 | 12,940 | |
| 5,349 | 6,523 | 6,998 | 6,379 | 6,747 | 7,138 | |
| 7.88 | 9.95 | 11.21 | 10.45 | 11.09 | 11.98 | |
| – | – | 45.0% | 43.7% | 45.5% | 45.8% | |
| 40.1% | 42.8% | 39.9% | 37.7% | 40.1% | 40.2% | |
| 27.4% | 29.9% | 28.1% | 26.4% | 27.8% | 29.1% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 62,398 | 63,525 | 65,449 | 67,132 | 67,715 | 69,698 |
| Cash | 1,799 | 960 | 973 | 1,055 | 1,016 | 1,266 |
| Total debt | 28,087 | 31,558 | 34,957 | 34,179 | 32,463 | 32,822 |
| Total liabilities | 45,440 | 49,364 | 53,286 | 52,344 | 50,825 | 51,231 |
| 16,958 | 14,161 | 12,163 | 14,788 | 16,890 | 18,467 | |
| 679 | 655 | 624 | 610 | 609 | 596 | |
| 14.2% | 16.6% | 17.3% | 15.4% | 16.1% | 16.1% | |
| 31.5% | 46.1% | 57.5% | 43.1% | 39.9% | 38.7% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 8,540 | 9,032 | 9,362 | 8,379 | 9,346 | 9,290 | |
| 2,927 | 2,936 | 3,620 | 3,606 | 3,452 | 3,791 | |
| 5,613 | 6,096 | 5,742 | 4,773 | 5,894 | 5,499 | |
| Dividends paid | 2,626 | 2,800 | 3,159 | 3,173 | 3,213 | 3,236 |
| 3,705 | 7,291 | 6,282 | 705 | 1,505 | 2,679 | |
| 73 | 88 | 99 | 107 | 118 | 142 |
Valuation
- 25.2×
- –
- 2.88
- 9.4×
- 7.3×
- 32.7×
- 16.3×
- 3.1%
- 4.0%
- 2.1%
Profitability
- 45.8%
- 40.2%
- 29.1%
- 52.5%
- 16.5%
- 16.7%
- 40.4%
- 10.4%
- 15.2%
- –
Growth
- +4.6%
- +8.7%
- −6.7%
- +7.0%
- −1.5%
Financial health
- 2.4×
- 1.78
- 45.2%
- 8.0×
- 0.91
- 0.73
- 0.35
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 23, 2026 | 2.93 | 2.86 | +2.4% |
| Jan 27, 2026 | 2.86 | 2.86 | +0.0% |
| Oct 23, 2025 | 3.08 | 2.99 | +3.0% |
| Jul 24, 2025 | 3.03 | 2.91 | +4.1% |
| Apr 24, 2025 | 2.70 | 2.74 | −1.5% |
| Jan 23, 2025 | 2.91 | 2.76 | +5.4% |
| Oct 24, 2024 | 2.75 | 2.78 | −1.1% |
| Jul 25, 2024 | 2.74 | 2.71 | +1.1% |
Paid per share, each year
$2.20 in 2015 → $5.44 in 2025
How safe it looks
45.3% of its profit
Room to growStretchedMore than it earns: 58.8%
News
Western Union purchase of Intermex gets conditional California approvalSeeking Alpha · Nov 11, 2026DOJ expected to opine on Union Pacific/Norfolk Southern deal in coming weeks - reportSeeking Alpha · Nov 9, 2026Axalta-Akzo Nobel merger conditionally approved by European UnionSeeking Alpha · Nov 6, 2026Apache offshore workers to escalate U.K. strike action, union saysSeeking Alpha · Nov 3, 2026Union Pacific Corporation Q3 2026 Earnings Call SummaryYahoo Finance · Oct 22, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Union Pacific
Is Union Pacific a good stock to buy?
A strong, very profitable business at a fair price. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Union Pacific AI analysis
What does Union Pacific do?
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. It is in Railroads, based in Omaha, NE, United States, with 28,647 employees.
Does Union Pacific pay a dividend?
Yes. At today's price the dividend is 2.1% a year, about 45% of its yearly profit. In 2025 it paid out $3.24 billion in dividends.
Is Union Pacific stock halal?
Yes. Union Pacific passes our halal screen: its business is permitted and its debt is 18% of its market value, under the 30% limit. How we check
How has Union Pacific stock done over the past year?
Up 36.6% over the past twelve months, to $302.44. It traded between $220.82 and $310.62 and is 2.6% below its high.
Who are Union Pacific's competitors?
The largest listed companies in the same industry are CSX, Canadian Pacific Kansas City, Canadian National Railway and Norfolk Southern. The peers table on this page compares their profit, growth and price with Union Pacific's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



