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Union Pacific UNP Net debt / EBITDA

Net debt / EBITDA at other companies

Canadian Pacific Kansas City logo
Canadian Pacific Kansas CityCP
3.2×
CSX logo
CSXCSX
-0.1×-2.9×
Norfolk Southern logo
Norfolk SouthernNSC
-0.2×0.0×
Berkshire Hathaway logo
Berkshire HathawayBRK.B
0.1×0.0×
Wabtec logo
WabtecWAB
2.7×+1.0×
Parker-Hannifin logo
Parker-HannifinPH
1.9×+0.3×

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 the most recent quarter.

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 net debt / EBITDA?
Union Pacific (UNP) reported net debt / EBITDA of 0× in Q1 2026.
How has Union Pacific's net debt / EBITDA changed year-over-year?
Union Pacific's net debt / EBITDA decreased by 99.6% year-over-year, from 2.7× to 0×.
What is the long-term trend for Union Pacific's net debt / EBITDA?
Over 2 years (2023 to 2025), Union Pacific's net debt / EBITDA has grown at a -4.4% compound annual growth rate (CAGR), from 11.5× to 10.5×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.