Union Pacific Corporation UNP

What the company does

Union Pacific Corporation is a large-cap company in the Industrials sector (Railroads), with a market value of $174.0B, based in the USA.

It employs about 29,287 people and has been listed since Jan 13, 1978.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. It offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, and ethanol and renewable biofuel producers; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers. The company was founded in 1862 and is headquartered in Omaha, Nebraska.

Cheap or expensive? priced in line with its group

Its price-to-earnings (P/E) is 22.8 versus 29.6 for the median of the Industrials sector in our universe (24 companies) — priced in line with its group.

Revenue is growing 15% versus the same quarter last year.

On analysts' next-year forecasts the multiple drops to 19.3 — they expect higher earnings.

The average analyst price target is 330.04, 13% above the current price (their view, not ours).

The stock sits at 79% of its one-year range (0% = the low, 100% = the high).

The risks

• • Net debt is 1.3× shareholders' equity — high leverage.

Strengths

• ✅ Profitable — 29 of every 100 dollars of revenue stays as profit.
• ✅ Generates free cash flow — profit becomes cash in the bank.
• ✅ Most analysts rate it buy (18 vs 1).
• ✅ Revenue is growing 15% a year.
• ✅ Pays a dividend (1.9% a year).

What changed this week

Over the past week the stock rose 1.3% (for comparison: S&P 500 -0.4%, sector ETF XLI -1.9%).

The company published its quarterly report this week — see the plain-language summary above.

This week's news

• How Earnings Beat At Union Pacific Stock Has Changed Its Investment Story finance.yahoo.com · 2026-10-24
  What the article says

  Union Pacific reported third quarter 2026 revenue of US$7.2b and net income of US$2.1b, with diluted EPS from continuing operations of US$3.49, and affirmed high single digit reported EPS growth guidance for 2026. Freight and intermodal volume strength, together with higher fuel surcharge income and confirmed US$3.5b… source ↗

• Union Pacific (UNP) Stock Slips Even As Q3 Earnings Power Impresses finance.yahoo.com · 2026-10-23
  What the article says

  Union Pacific stock slipped 1.8% to about US$292.80 on Friday, giving holders a mild post earnings bruise despite a very strong third quarter. The railroad just posted Q3 2026 revenue of US$7.2b and net income of about US$2.1b, with earnings per share running comfortably above US$3.50. Traders focused on the red… source ↗

• Dow Jones Futures Fall After Moderna Crashes, Meta Fuels AI Meltdown. Warren Buffett Market Is Thriving. finance.yahoo.com · 2026-10-23
  What the article says

  The S&P 500 and Nasdaq tumbled below 50-day lines as Meta led an AI stock rout. But the Warren Buffett market is thriving. Continue Reading source ↗

• Dow Jones Futures: Moderna Crashes, Meta Fuels AI Meltdown, But Warren Buffett Market Thriving finance.yahoo.com · 2026-10-22
  What the article says

  The S&P 500 and Nasdaq tumbled below 50-day lines as Meta led an AI stock rout. But the Warren Buffett market is thriving. Continue Reading source ↗

• Union Pacific affirms 2026 reported EPS growth in the high single-digit range while lifting 2026 capex to $3.5B seekingalpha.com · 2026-10-22
  What the article says

  Earnings Call Insights: Union Pacific (UNP) Q3 2026 MANAGEMENT VIEW * Union Pacific’s quarter centered on record results, volume acceleration, and merger positioning. CEO Vincenzo Vena said, "Union Pacific reported record financial results as net income totaled $2.1 billion, and our adjusted earnings per share grew… source ↗

• Norfolk Southern profits rise on higher volume and revenue finance.yahoo.com · 2026-10-22
  What the article says

  Norfolk Southern's third-quarter profits rose as higher volume and rates, and fuel surcharges, produced record revenue. "Our third quarter was strong with steady execution, making notable improvements to our network while delivering solid results," Chief Executive Mark George said on the railroad's earnings call. "We… source ↗

What changed since last week

• Risk flag cleared: earnings report coming up.

• New strength: revenue growth.

• A new quarterly report was published (quarter ended Sep 30, 2026).