Company Valuation: Union Pacific Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 161,960 133,120 149,729 138,251 137,210 147,250 - -
Change - -17.81% 12.48% -7.67% -0.75% 7.32% - -
Enterprise Value (EV) 1 190,683 165,427 181,237 168,407 167,758 174,697 171,797 171,269
Change - -13.24% 9.56% -7.08% -0.39% 4.14% -1.66% -0.31%
P/E ratio 25.3x 18.5x 23.5x 20.6x 19.3x 20.1x 18.2x 16.7x
PBR 11.6x 10.6x 10.1x 8.22x 7.46x 6.61x 5.47x 4.64x
PEG - 1.5x -3.47x 3.36x 2.4x 6.18x 1.82x 1.77x
Capitalization / Revenue 7.43x 5.35x 6.21x 5.7x 5.6x 5.72x 5.47x 5.25x
EV / Revenue 8.75x 6.65x 7.51x 6.94x 6.84x 6.79x 6.38x 6.11x
EV / EBITDA 16.5x 13.6x 15.9x 13.9x 13.6x 13.2x 12.2x 11.6x
EV / EBIT 20.4x 16.7x 20x 17.3x 17x 16.5x 15.1x 14.1x
EV / FCF 31.3x 28.8x 38x 28.6x 30.5x 25.6x 23x 21.6x
FCF Yield 3.2% 3.47% 2.63% 3.5% 3.28% 3.9% 4.35% 4.63%
Dividend per Share 2 4.29 5.08 5.2 5.28 5.44 5.542 5.723 6.159
Rate of return 1.7% 2.45% 2.12% 2.32% 2.35% 2.23% 2.31% 2.48%
EPS 2 9.95 11.21 10.45 11.09 11.98 12.37 13.6 14.89
Distribution rate 43.1% 45.3% 49.8% 47.6% 45.4% 44.8% 42.1% 41.4%
Net sales 1 21,804 24,875 24,119 24,250 24,510 25,724 26,915 28,039
EBITDA 1 11,546 12,163 11,400 12,111 12,311 13,210 14,133 14,759
EBIT 1 9,338 9,917 9,082 9,713 9,846 10,569 11,400 12,116
Net income 1 6,523 6,998 6,379 6,747 7,138 7,329 8,039 8,692
Net Debt 1 28,723 32,307 31,508 30,156 30,548 27,447 24,546 24,019
Reference price 2 251.93 207.07 245.62 228.04 231.32 248.03 248.03 248.03
Nbr of stocks (in thousands) 642,876 642,876 609,597 606,257 593,161 593,678 - -
Announcement Date 20/01/22 24/01/23 25/01/24 23/01/25 27/01/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.05x6.79x13.22x2.24% 147B
22.98x6.57x14.03x1.33% 78.31B
24.92x6.46x14.48x1.82% 66.84B
15.03x0.99x5.16x3.84% 15.45B
16.65x2.94x7.09x5.49% 4.96B
28.29x3.61x16.41x2.11% 4B
-4.21x - - 2.06% 689M
9.6x0.79x3.51x3.47% 82.35M
Average 16.66x 4.02x 10.56x 2.79% 39.7B
Weighted average by Cap. 21.55x 6.29x 13.24x 2.05%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  3. UNP Stock
  4. Valuation Union Pacific Corporation