Union Pacific Corp.


Market Cap$155.19B

Compare Union Pacific

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Union Pacific Corp.Union Pacific Corp.24.32.03%43%6.52.2
marketMarket Avg49.61.28%30%6.11.1
Consumer DiscretionaryConsumer Discretionary Avg25.60.72%65%3.31.9

Earnings Call Q4 2023

January 25, 2024 - AI Summary

Union Pacific reported fourth quarter net income of $1.7 billion, an increase of 1% compared to the previous year.
Operating revenue was flat at $6.2 billion, with increased volumes and core pricing gains offset by lower fuel surcharge revenue and business mix.
The operating ratio improved by 10 basis points to 60.9%, demonstrating strong sequential improvement from the third quarter.
The company expects a muted macroeconomic environment in 2024, with uncertainties surrounding economic indicators and inflationary pressures.
Volume outlook for 2024 is uncertain, but Union Pacific aims to maximize available demand through business development and value creation.
Capital spending for 2024 is targeted at $3.4 billion, focusing on infrastructure investments, technology initiatives, and intermodal expansion. Other key points:
Pricing will be crucial to overcome ongoing inflationary pressures, although specific guidance on margins was not provided.
The loss of an international intermodal contract earlier in 2023 will have a negative impact on 2024 volumes.
The company remains committed to maintaining a strong balance sheet and returning excess cash to shareholders through dividends and share repurchases.
Challenges include headwinds from lost business, low natural gas prices impacting coal demand, and potential softness in certain markets.
The team is focused on improving safety, service, and operational efficiency to drive future success.

Current Fair Value

2% upside

Undervalued by 2% based on the discounted cash flow analysis.

Share Statistics

Market cap$155.19 Billion
Enterprise Value$186.70 Billion
Dividend Yield$5.1545 (2.03%)
Earnings per Share$10.45
Outstanding Shares609,777,914
Avg 30 Day Volume2,410,631


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio24.33
Price to Sales6.49
Price to Book Ratio10.55
Enterprise Value to Revenue7.74
Enterprise Value to EBIT20.56
Enterprise Value to Net Income29
Total Debt to Enterprise0.17
Debt to Equity2.2

Revenue Sources

No data

ESG Score

No data

About Union Pacific Corp.

CEO: Lance Fritz