Company Valuation: Union Pacific Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 161,960 133,120 149,729 138,251 137,210 171,777 - -
Change - -17.81% 12.48% -7.67% -0.75% 25.19% - -
Enterprise Value (EV) 1 190,683 165,427 181,237 168,407 167,758 198,397 195,134 191,743
Change - -13.24% 9.56% -7.08% -0.39% 18.26% -1.64% -1.74%
P/E 25.3x 18.5x 23.5x 20.6x 19.3x 22.4x 20.5x 18.6x
PBR 11.6x 10.6x 10.1x 8.22x 7.46x 7.53x 6.38x 5.39x
PEG - 1.5x -3.47x 3.36x 2.4x 2.89x 2.25x 1.8x
Capitalization / Revenue 7.43x 5.35x 6.21x 5.7x 5.6x 6.42x 6.15x 5.87x
EV / Revenue 8.75x 6.65x 7.51x 6.94x 6.84x 7.41x 6.99x 6.56x
EV / EBITDA 16.5x 13.6x 15.9x 13.9x 13.6x 14.6x 13.4x 12.4x
EV / EBIT 20.4x 16.7x 20x 17.3x 17x 18.2x 16.5x 15.1x
EV / FCF 31.3x 28.8x 38x 28.6x 30.5x 27.4x 25.2x 23.5x
FCF Yield 3.2% 3.47% 2.63% 3.5% 3.28% 3.65% 3.96% 4.26%
Dividend per Share 2 4.29 5.08 5.2 5.28 5.44 5.546 5.719 6.106
Rate of return 1.7% 2.45% 2.12% 2.32% 2.35% 1.92% 1.98% 2.11%
EPS 2 9.95 11.21 10.45 11.09 11.98 12.91 14.08 15.53
Distribution rate 43.1% 45.3% 49.8% 47.6% 45.4% 43% 40.6% 39.3%
Net sales 1 21,804 24,875 24,119 24,250 24,510 26,762 27,934 29,247
EBITDA 1 11,546 12,163 11,400 12,111 12,311 13,583 14,536 15,420
EBIT 1 9,338 9,917 9,082 9,713 9,846 10,930 11,817 12,709
Net income 1 6,523 6,998 6,379 6,747 7,138 7,657 8,360 9,095
Net Debt 1 28,723 32,307 31,508 30,156 30,548 26,620 23,357 19,966
Reference price 2 251.93 207.07 245.62 228.04 231.32 289.15 289.15 289.15
Nbr of stocks (in thousands) 642,876 642,876 609,597 606,257 593,161 594,075 - -
Announcement Date 20/1/22 24/1/23 25/1/24 23/1/25 27/1/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.4x7.41x14.61x1.92% 172B
24.42x7.12x14.85x1.17% 90.74B
26.34x6.67x14.99x1.65% 73.63B
13.96x0.86x5.29x4.27% 14.28B
14.65x2.69x6.53x6.34% 4.51B
29.4x3.78x17.25x2.03% 4.1B
-0.92x - - 3.56% 398M
Average 18.61x 4.76x 12.25x 2.99% 51.35B
Weighted average by Cap. 23.34x 6.83x 14.30x 1.83%

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

  1. Stock Market
  2. Stocks
  3. UNP Stock
  4. Valuation Union Pacific Corporation