Company Valuation: Union Pacific Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 161,960 133,120 149,729 138,251 137,210 157,126 - -
Change - -17.81% 12.48% -7.67% -0.75% 14.52% - -
Enterprise Value (EV) 1 190,683 165,427 181,237 168,407 167,758 184,027 180,869 179,695
Change - -13.24% 9.56% -7.08% -0.39% 9.7% -1.72% -0.65%
P/E ratio 25.3x 18.5x 23.5x 20.6x 19.3x 21.3x 19.4x 17.5x
PBR 11.6x 10.6x 10.1x 8.22x 7.46x 7.39x 5.78x 5.33x
PEG - 1.5x -3.47x 3.36x 2.4x 5.82x 1.9x 1.7x
Capitalization / Revenue 7.43x 5.35x 6.21x 5.7x 5.6x 6.05x 5.8x 5.57x
EV / Revenue 8.75x 6.65x 7.51x 6.94x 6.84x 7.09x 6.67x 6.36x
EV / EBITDA 16.5x 13.6x 15.9x 13.9x 13.6x 13.9x 12.7x 12.1x
EV / EBIT 20.4x 16.7x 20x 17.3x 17x 17.3x 15.8x 14.7x
EV / FCF 31.3x 28.8x 38x 28.6x 30.5x 26.6x 24.2x 22.5x
FCF Yield 3.2% 3.47% 2.63% 3.5% 3.28% 3.76% 4.13% 4.45%
Dividend per Share 2 4.29 5.08 5.2 5.28 5.44 5.548 5.745 6.161
Rate of return 1.7% 2.45% 2.12% 2.32% 2.35% 2.1% 2.17% 2.33%
EPS 2 9.95 11.21 10.45 11.09 11.98 12.42 13.67 15.11
Distribution rate 43.1% 45.3% 49.8% 47.6% 45.4% 44.7% 42% 40.8%
Net sales 1 21,804 24,875 24,119 24,250 24,510 25,961 27,108 28,232
EBITDA 1 11,546 12,163 11,400 12,111 12,311 13,271 14,204 14,897
EBIT 1 9,338 9,917 9,082 9,713 9,846 10,628 11,464 12,211
Net income 1 6,523 6,998 6,379 6,747 7,138 7,351 8,114 8,803
Net Debt 1 28,723 32,307 31,508 30,156 30,548 26,901 23,743 22,568
Reference price 2 251.93 207.07 245.62 228.04 231.32 264.65 264.65 264.65
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 ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.39x7.11x13.91x2.09% 158B
23.45x6.79x14.21x1.26% 82.74B
26.4x6.69x15.04x1.72% 70.15B
14.36x1x5.34x4.46% 16.04B
16.4x2.89x7x5.62% 4.86B
29.87x3.84x17.43x2% 4.11B
-1.88x - - 2.68% 529M
Average 18.57x 4.72x 12.15x 2.83% 48.02B
Weighted average by Cap. 22.60x 6.55x 13.75x 1.97%

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