Stocks · Industrials · Railroads
Union Pacific Corporation UNP
$278.28 +2.15% Close, Oct 2, 2026 · NYSE · Market cap $165.32B
High qualityLow risk
Next earnings report: Oct 22, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The stock is in an uptrend: above its 200-day average for 177 trading days, with the 50-day average above the 200-day.
- Revenue over the last four quarters was $25.41B, up 4.2% from a year earlier, accelerating from 1.9% a quarter earlier.
- Diluted EPS over the last four quarters was $12.35, up 7.3% year over year.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 34%
- EPS growth (TTM, YoY)Bottom 47%
- FCF growth (TTM, YoY)Bottom 45%
- Revenue growth, 3-year CAGRBottom 26%
- Revenue growth accelerationTop 40%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 21%
- Gross marginTop 16%
- Operating marginTop 1%
- Cash conversion (OCF / net income)Bottom 44%
- Accruals (lower is better)Bottom 50%
- Net debt / EBITDA (lower is better)Bottom 46%
- Interest coverTop 30%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 24%
- Free-cash-flow yieldTop 42%
- EBITDA / enterprise valueTop 42%
- Sales / enterprise valueBottom 9%
- P/E vs own 5-year history (lower is better)Bottom 44%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 36%
- 6-month returnTop 36%
- 1-year return vs S&P 500Top 40%
- Distance from 52-week highTop 19%
- Trend checklist (0–4)Top 42%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 40%
- Consecutive EPS beatsTop 45%
- Share of analysts rating BuyTop 45%
- Upside to consensus price targetBottom 31%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 4%
- Maximum drawdown, 3 yearsTop 1%
- Beta vs S&P 500 (lower is better)Top 10%
- Net debt / EBITDA (lower is better)Bottom 46%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 1.9% | 4.2% | ↑ |
| EPS growth (YoY) | 9.4% | 7.3% | ↓ |
| Gross margin | 45.7% | 45.5% | ↓ |
| Operating margin | 40.3% | 39.9% | ↓ |
| FCF margin | 25.7% | 25.6% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 4.2% | 1.9% | ↑ | Bottom 34% |
| EPS growth (TTM, YoY) | 7.3% | 9.4% | ↓ | Bottom 47% |
| Gross margin | 45.5% | 45.7% | ↓ | Top 16% |
| Operating margin | 39.9% | 40.3% | ↓ | Top 1% |
| Net margin | 28.8% | 28.4% | ↑ | — |
| Free-cash-flow margin | 25.6% | 25.7% | ↓ | — |
| Return on invested capital | 11.7% | — | Top 21% | |
| Revenue growth, 3-year CAGR | -0.5% | — | Bottom 26% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.40×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +7.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.22×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 7.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.98%
- Net buyback yield (TTM)
- -0.49%
- Shareholder yield
- 1.50%
- Share count change, 1 year
- -0.1%
- Share count change, 3-year CAGR
- -0.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 23, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +2.5%
- Average 2-day reaction, last 8
- +0.7%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $332.10
- Target vs current price
- +19.3%
- Analysts with a rating
- 47
- Share rating Buy or Strong Buy
- 62%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 23, 2026 | +4.6% | +4.0% | -0.1% | +3.2% | — |
| Apr 23, 2026 | +2.4% | +8.8% | +6.2% | +6.6% | +18.8% |
| Jan 27, 2026 | +0.0% | +0.7% | +1.9% | +15.5% | +8.0% |
| Oct 23, 2025 | +3.0% | -2.3% | -3.9% | -1.8% | -1.6% |
| Jul 24, 2025 | +4.1% | -4.5% | -2.5% | -2.3% | -3.0% |
| Apr 24, 2025 | -1.5% | -2.0% | -1.9% | +1.7% | +2.8% |
| Jan 23, 2025 | +5.4% | +5.2% | +5.8% | +5.0% | -6.6% |
| Oct 24, 2024 | -1.1% | -4.4% | -3.8% | -3.2% | -2.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 23, 2026 | $3.41 | $3.26 | +4.6% | $6.86B |
| Apr 23, 2026 | $2.93 | $2.86 | +2.4% | $6.22B |
| Jan 27, 2026 | $2.86 | $2.86 | +0.0% | $6.08B |
| Oct 23, 2025 | $3.08 | $2.99 | +3.0% | $6.24B |
| Jul 24, 2025 | $3.03 | $2.91 | +4.1% | $6.15B |
| Apr 24, 2025 | $2.70 | $2.74 | -1.5% | $6.03B |
| Jan 23, 2025 | $2.91 | $2.76 | +5.4% | $6.12B |
| Oct 24, 2024 | $2.75 | $2.78 | -1.1% | $6.09B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 22.5× | 21.7× | 67th | Top 24% |
| P/E (forward) | 21.3× | — | — | — |
| EV / EBITDA | 14.6× | — | — | Top 42% |
| EV / Sales | 7.67× | — | — | Bottom 9% |
| Free-cash-flow yield | 3.93% | — | — | Top 42% |
| Earnings yield | 4.44% | — | — | Top 24% |
P/E over the past five years
Range 16.6× – 25.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +18.5%
- Earnings per share growth (TTM)
- +7.3%
- Change in P/E multiple
- +28.6%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 177
- 50-day average slope (20 days)
- -0.9%
- 200-day average slope (20 days)
- +1.9%
- Distance from 50-day average
- -4.2%
- Distance from 200-day average
- +5.1%
- RSI (14)
- 44.3
- Relative volume
- 1.25×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 21.6%
- Volatility vs own 5-year history
- 48th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.52
- Correlation with S&P 500
- 0.35
- Current drawdown from 1-year high
- -10.4%
- Maximum drawdown, 3 years
- -18.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 30, 2022 | Mar 22, 2023 | -32.9% | 245 days | 797 days (May 27, 2026) |
| Oct 16, 2020 | Oct 28, 2020 | -17.4% | 8 days | 48 days (Jan 7, 2021) |
| May 7, 2021 | Sep 30, 2021 | -14.6% | 101 days | 15 days (Oct 21, 2021) |
| Aug 26, 2026 | Sep 21, 2026 | -13.2% | 17 days | Not yet recovered |
| Jan 8, 2021 | Jan 27, 2021 | -11.2% | 12 days | 41 days (Mar 26, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $165.32B
- P/E (TTM)
- 22.5
- EPS, diluted (TTM)
- $12.35
- Revenue (TTM)
- $25.41B
- Dividend yield
- 2.00%
- 52-week range
- $215.53 – $315.99
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $21.80B | $24.88B | $24.12B | $24.25B | $24.51B |
| Gross profit | $10.51B | $11.21B | $10.53B | $11.04B | $14.55B |
| Operating income | $9.34B | $9.92B | $9.08B | $9.71B | $9.84B |
| Net income | $6.52B | $7.00B | $6.38B | $6.75B | $7.14B |
| EPS (diluted) | $9.95 | $11.21 | $10.45 | $11.09 | $11.97 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.09B | $6.12B | $6.03B | $6.15B | $6.24B | $6.08B | $6.22B | $6.86B |
| Net income | $1.67B | $1.76B | $1.63B | $1.88B | $1.79B | $1.85B | $1.70B | $1.99B |
| EPS (diluted) | $2.75 | $2.91 | $2.70 | $3.15 | $3.01 | $3.11 | $2.87 | $3.36 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $9.03B | $9.36B | $8.38B | $9.35B | $9.29B |
| Capital expenditure | -$2.94B | -$3.62B | -$3.61B | -$3.45B | -$3.79B |
| Free cash flow | $6.10B | $5.74B | $4.77B | $5.89B | $5.50B |
| Dividends paid | -$2.80B | -$3.16B | -$3.17B | -$3.21B | -$3.24B |
| Net share buybacks | -$7.29B | -$6.28B | -$705.0M | -$1.50B | -$2.68B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.11B
- Total assets
- $71.21B
- Total liabilities
- $50.54B
- Total debt
- $31.17B
- Net debt
- $29.55B
- Shareholders’ equity
- $20.67B
As of Jun 30, 2026 (filed Jul 23, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 31, 2026 | $1.42 | Sep 30, 2026 |
| May 29, 2026 | $1.38 | Jun 30, 2026 |
| Feb 27, 2026 | $1.38 | Mar 31, 2026 |
| Dec 5, 2025 | $1.38 | Dec 30, 2025 |
| Aug 29, 2025 | $1.38 | Sep 30, 2025 |
| May 30, 2025 | $1.34 | Jun 30, 2025 |
| Feb 28, 2025 | $1.34 | Mar 31, 2025 |
| Dec 9, 2024 | $1.34 | Dec 30, 2024 |
Short interest
- Shares sold short
- 27,430,602
- Days to cover
- 14.38
- Change vs previous report
- -1.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 9, 2014
- 2-for-1
- May 29, 2008
- 2-for-1
- Oct 16, 1996
- 2,500-for-1,681
- Oct 2, 1991
- 2-for-1
- May 12, 1980
- 2-for-1