Reading the tape
NYSE: UNP
Union Pacific Corporation
Industrials · Railroads
Corporate event
Recent acquisition on record
Event dated Sep 16, 2025UNION PACIFIC CORP has a recent acquisition record for Norfolk Southern Corporation. Reported results and multi-period comparisons may mix pre- and post-transaction periods, so review the reference filing before leaning on valuation outputs.
Open reference filingMarket Cap
$157.13B
52w High
$274.79
52w Low
$210.84
P/E
21.76
Volume
1.20M
Outstanding Shares
593.71M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: 22.05%Revenue (TTM): 1.87%FCF (TTM): -2.98%P/FCF: 90th pct
What changed
The stock rose 22.05% over the last year. Revenue grew 1.87% over the trailing twelve months. Operating margin moved from 39.99% to 40.09%. Free cash flow declined 2.98% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher with no clear directional signal from operating metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 40.09%. A decisive move in revenue — currently up 1.87% — would be the clearest signal to resolve the ambiguity.
Company profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States.
CEOVincenzo James Vena
SectorIndustrials
IndustryRailroads
Employees30,146
IPO dateJan 2, 1980
Valuation
Forward P/E—
EV/EBITDA12.94
Enterprise value$167.6B
Stock splits
Jun 9, 2014↑ Forward
Every 1 shares became 2
May 29, 2008↑ Forward
Every 1 shares became 2
Oct 16, 1996↑ Forward
Every 1681 shares became 2500
Oct 2, 1991↑ Forward
Every 1 shares became 2
May 12, 1980↑ Forward
Every 1 shares became 2
Feb 16, 1977↑ Forward
Every 1 shares became 2
Profitability & growth
Revenue growth3.15%
Gross margin45.67%▲30.43%vs FY2024
Operating margin40.09%▲0.22%vs FY2024
ROE38.65%▼3.24%vs FY2024
Analyst consensus
RatingBuy
Target price$287.30▲8.56%
28
Buy
18
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 23, 2026
Q3 FY26 · EPS est $3.14 · Revenue est $6.53B
View
Dividends
$5.48/shareQuarterlyDividend Aristocrat · 27yrSafeUNP pays a dividend with a 2.07% dividend yield, 27 consecutive years of growth, growing at 6.99% annually, covered 1.7× by free cash flow.
Dividend Yield
2.07%
Annual Div / Share
$5.48
5yr CAGR
+6.99%
Doubles every ~10.3yr
Payout Ratio
45.1%
Safe
Dividend Growth Rate
3yr CAGR
+2.31%
5yr CAGR
+6.99%
10yr CAGR
+9.48%
Dividend Safety
8/10Safe
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$5.44+3.0%
2024$5.28+1.5%
2023$5.20+2.4%
2022$5.08+18.4%
2021$4.29+10.6%
2020$3.88+4.9%
2019$3.70+20.9%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$21/yr
$2/mo
In 5 yrs
$29/yr+40%
$2/mo
In 10 yrs
$41/yr+97%
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$21/yr $2/mo | $29/yr+40% $2/mo | $41/yr+97% $3/mo |
Yield-on-cost grows from 2.07% → 4.07% over 10yr
Analysis
Dividend Strengths
Dividend Aristocrat
UNP has raised its dividend for 27 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 1.7× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 6.99% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.
Congressional Activity
Congress Trades in UNP
STOCK Act disclosures from senators and representatives.
John Boozman
ARsenateRepublicanSaleJoint2026-02-19$1,001 - $15,000+15d to discloseJohn Boozman
ARsenateRepublicanSale (Partial)Joint2026-01-29$1,001 - $15,000+16d to disclose