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Union Pacific UNP Free cash flow margin

Free cash flow margin at other companies

Canadian Pacific Kansas City logo
Canadian Pacific Kansas CityCP
13.8%-2.4pp
CSX logo
CSXCSX
14.5%-4.5pp
Norfolk Southern logo
Norfolk SouthernNSC
13.3%-2.3pp
Berkshire Hathaway logo
Berkshire HathawayBRK.B
6.4%
Wabtec logo
WabtecWAB
13.1%-0.9pp
Parker-Hannifin logo
Parker-HannifinPH
17.5%+1.7pp

Other financials

Income statement

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Revenue$6.2B+3.2%
Operating income$2.5B+3.7%
Net income$1.7B+4.6%
EPS (diluted)$2.87+6.3%

Balance sheet

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Cash & equivalents$735.0M-47.9%
Total debt$854.0M-97.5%
Total equity$19.4B+21.1%
Total assets$69.6B+1.7%

Cash flow

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Operating cash flow$2.4B+10.4%
CapEx$937.0M+3.4%
Free cash flow$1.5B+15.3%

Valuation

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Market cap$153.21B+1.7%
Enterprise value$153.33B-17.2%
P/E21.2×-1.1×
P/S6.2×0.0×

Profitability

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Operating margin40.2%+0.2pp
Net margin29.2%+1.4pp

Returns & leverage

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Return on equity40.7%-1.8pp
Debt / equity-2.1×
Current ratio0.9×+0.2×

Where this comes from

Calculated from Union Pacific’s reported figures.

Based on trailing twelve months.

The official record: Union Pacific’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Union Pacific's free cash flow margin?
Union Pacific (UNP) reported free cash flow margin of 23.1% in Q1 2026.
How has Union Pacific's free cash flow margin changed year-over-year?
Union Pacific's free cash flow margin decreased by 4.8% year-over-year, from 24.2% to 23.1%.
What is the long-term trend for Union Pacific's free cash flow margin?
Over 2 years (2023 to 2025), Union Pacific's free cash flow margin has grown at a 7.6% compound annual growth rate (CAGR), from 83.7% to 96.8%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.