Union Pacific Corporation

Union Pacific Corporation

UNPยทNYSE

$262.13

-0.52%
IndustrialsRailroads

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers. As of December 31, 2021, its rail network included 32,452 route miles connecting Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways. The company was founded in 1862 and is headquartered in Omaha, Nebraska.

At a Glance

Live Snapshot
Market Cap$155.63B
EPS12.0100
P/E Ratio21.83
Earnings Date07/23/2026
Union Pacific Corporation

Union Pacific Corporation Fair Value Envelope

UNP ยท NYSE

Our analysis suggests that UNP has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $262.13, this represents a potential HIDDEN relative to our calculated worth for Union Pacific Corporation.

Intrinsic Value
Current Price: $262.13

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$75.2B
+ Cash & Equivalents$1.3B
Firm Value$76.5B
- Debt$31.8B
Equity Value$44.6B
/ Shares Outstanding593,123,209B
DCF Value$75
OVERVALUED BY 71%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$8.7B
$8.1B
$7.5B
$7.0B
$6.6B
$6.1B
$5.7B
$5.3B
$5.0B
$4.6B
Maintenance CapEx
-$707.4M
-$660.0M
-$615.8M
-$574.5M
-$536.0M
-$500.1M
-$466.6M
-$435.3M
-$406.1M
-$378.9M
Owner Earnings
$8.0B
$7.4B
$6.9B
$6.5B
$6.0B
$5.6B
$5.2B
$4.9B
$4.6B
$4.3B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$7.4B
$6.4B
$5.5B
$4.8B
$4.1B
$3.5B
$3.1B
$2.6B
$2.3B
$2.0B
Terminal Value represents 44.7% of Enterprise Value