Company Valuation: Union Pacific Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 161,960 133,120 149,729 138,251 137,210 171,168 - -
Change - -17.81% 12.48% -7.67% -0.75% 24.75% - -
Enterprise Value (EV) 1 190,683 165,427 181,237 168,407 167,758 197,991 195,049 193,485
Change - -13.24% 9.56% -7.08% -0.39% 18.02% -1.49% -0.8%
P/E 25.3x 18.5x 23.5x 20.6x 19.3x 23.1x 21x 19.1x
PBR 11.6x 10.6x 10.1x 8.22x 7.46x 7.57x 6.48x 5.7x
PEG - 1.5x -3.47x 3.36x 2.4x 5.33x 2.11x 1.98x
Capitalization / Revenue 7.43x 5.35x 6.21x 5.7x 5.6x 6.53x 6.26x 6.02x
EV / Revenue 8.75x 6.65x 7.51x 6.94x 6.84x 7.55x 7.13x 6.8x
EV / EBITDA 16.5x 13.6x 15.9x 13.9x 13.6x 14.8x 13.6x 12.9x
EV / EBIT 20.4x 16.7x 20x 17.3x 17x 18.5x 16.9x 15.7x
EV / FCF 31.3x 28.8x 38x 28.6x 30.5x 28.5x 25.9x 24.2x
FCF Yield 3.2% 3.47% 2.63% 3.5% 3.28% 3.51% 3.86% 4.13%
Dividend per Share 2 4.29 5.08 5.2 5.28 5.44 5.55 5.745 6.156
Rate of return 1.7% 2.45% 2.12% 2.32% 2.35% 1.93% 1.99% 2.14%
EPS 2 9.95 11.21 10.45 11.09 11.98 12.5 13.74 15.07
Distribution rate 43.1% 45.3% 49.8% 47.6% 45.4% 44.4% 41.8% 40.9%
Net sales 1 21,804 24,875 24,119 24,250 24,510 26,211 27,341 28,450
EBITDA 1 11,546 12,163 11,400 12,111 12,311 13,379 14,302 15,036
EBIT 1 9,338 9,917 9,082 9,713 9,846 10,711 11,539 12,291
Net income 1 6,523 6,998 6,379 6,747 7,138 7,397 8,121 8,809
Net Debt 1 28,723 32,307 31,508 30,156 30,548 26,823 23,881 22,318
Reference price 2 251.93 207.07 245.62 228.04 231.32 288.30 288.30 288.30
Nbr of stocks (in thousands) 642,876 642,876 609,597 606,257 593,161 593,713 - -
Announcement Date 20/01/22 24/01/23 25/01/24 23/01/25 27/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.07x7.55x14.8x1.93% 171B
25.61x7.36x15.47x1.13% 92.76B
27.4x6.84x15.41x1.65% 73.4B
12.51x0.84x4.51x4.81% 13.89B
17.37x2.99x7.23x5.3% 4.99B
28.5x3.65x16.66x2.09% 3.91B
-1.72x - - 2.69% 527M
Average 18.96x 4.87x 12.35x 2.8% 51.52B
Weighted average by Cap. 24.14x 6.99x 14.62x 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

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  4. Valuation Union Pacific Corporation