Price to Earnings (P/E)
since 2005
Paying user area
Try for free
Union Pacific Corp. pages available for free this week:
- Analysis of Liquidity Ratios
- Common Stock Valuation Ratios
- Enterprise Value (EV)
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Selected Financial Data since 2005
- Net Profit Margin since 2005
- Debt to Equity since 2005
- Total Asset Turnover since 2005
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Union Pacific Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Union Pacific Corp., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 6, 2026 | = | ÷ | = | ÷ | |||||||
| Feb 7, 2025 | = | ÷ | = | ÷ | |||||||
| Feb 9, 2024 | = | ÷ | = | ÷ | |||||||
| Feb 10, 2023 | = | ÷ | = | ÷ | |||||||
| Feb 4, 2022 | = | ÷ | = | ÷ | |||||||
| Feb 5, 2021 | = | ÷ | = | ÷ | |||||||
| Feb 7, 2020 | = | ÷ | = | ÷ | |||||||
| Feb 8, 2019 | = | ÷ | = | ÷ | |||||||
| Feb 9, 2018 | = | ÷ | = | ÷ | |||||||
| Feb 3, 2017 | = | ÷ | = | ÷ | |||||||
| Feb 5, 2016 | = | ÷ | = | ÷ | |||||||
| Feb 6, 2015 | = | ÷ | = | ÷ | |||||||
| Feb 7, 2014 | = | ÷ | = | ÷ | |||||||
| Feb 8, 2013 | = | ÷ | = | ÷ | |||||||
| Feb 3, 2012 | = | ÷ | = | ÷ | |||||||
| Feb 4, 2011 | = | ÷ | = | ÷ | |||||||
| Feb 5, 2010 | = | ÷ | = | ÷ | |||||||
| Feb 6, 2009 | = | ÷ | = | ÷ | |||||||
| Feb 28, 2008 | = | ÷ | = | ÷ | |||||||
| Feb 23, 2007 | = | ÷ | = | ÷ | |||||||
| Feb 24, 2006 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Union Pacific Corp. Annual Report.
The price-to-earnings (P/E) ratio for the observed period exhibits considerable fluctuation, though generally trends within a range of approximately 9 to 26. Initial values in the early to mid-2000s demonstrate a relatively stable P/E ratio, fluctuating between 16 and 23. A significant decrease is then observed in 2009, falling to a low of 10.61, before recovering and exhibiting increased volatility in subsequent years.
- Overall Trend
- From 2009 through 2017, the P/E ratio experienced a period of increased variability. It rose to a peak of 20.86 in 2017, followed by a sharp decline to 9.26 in 2018. This suggests a potential correction or shift in market sentiment regarding the company’s valuation. Following 2018, the P/E ratio generally trended upwards, reaching levels between 19 and 26, before decreasing again in the most recent years.
- Volatility and Peaks
- The period between 2010 and 2017 demonstrates the highest volatility in the P/E ratio. The peak value of 20.86 in 2017 coincides with a substantial increase in earnings per share (EPS), indicating a potentially optimistic market outlook at that time. The subsequent drop in 2018, despite still-positive EPS, suggests a change in investor expectations or a reassessment of future growth prospects.
- Recent Performance (2020-2026)
- From 2020 to 2026, the P/E ratio has fluctuated between approximately 17 and 26. While EPS generally increased during this period, the P/E ratio did not consistently follow suit, indicating that market perception of the company’s value relative to its earnings has been dynamic. The most recent values suggest a slight downward trend, with the P/E ratio decreasing from 23.85 in 2023 to 21.00 in 2026.
- Relationship to EPS
- The P/E ratio’s movements are clearly influenced by changes in EPS. Periods of increasing EPS generally correlate with increases in the P/E ratio, though this relationship is not always consistent. The discrepancy between EPS and P/E in certain years suggests that factors beyond earnings, such as broader market conditions, investor sentiment, and perceived future growth potential, play a significant role in determining the company’s valuation.
In conclusion, the P/E ratio has demonstrated a complex pattern over the analyzed timeframe, characterized by periods of stability, volatility, and fluctuating trends. The ratio’s movements appear to be influenced by both company-specific factors, such as EPS, and broader market dynamics.
Comparison to Competitors
Union Pacific Corp., P/E, long-term trends, comparison to competitors
| Union Pacific Corp. | FedEx Corp. | Uber Technologies Inc. | United Airlines Holdings Inc. | United Parcel Service Inc. | |
|---|---|---|---|---|---|
| Feb 6, 2026 | |||||
| Feb 7, 2025 | |||||
| Feb 9, 2024 | |||||
| Feb 10, 2023 | |||||
| Feb 4, 2022 | |||||
| Feb 5, 2021 | |||||
| Feb 7, 2020 | |||||
| Feb 8, 2019 | |||||
| Feb 9, 2018 | |||||
| Feb 3, 2017 | |||||
| Feb 5, 2016 | |||||
| Feb 6, 2015 | |||||
| Feb 7, 2014 | |||||
| Feb 8, 2013 | |||||
| Feb 3, 2012 | |||||
| Feb 4, 2011 | |||||
| Feb 5, 2010 | |||||
| Feb 6, 2009 | |||||
| Feb 28, 2008 | |||||
| Feb 23, 2007 | |||||
| Feb 24, 2006 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Transportation)
Union Pacific Corp., P/E, long-term trends, comparison to sector (transportation)
| Union Pacific Corp. | Transportation | |
|---|---|---|
| Feb 6, 2026 | ||
| Feb 7, 2025 | ||
| Feb 9, 2024 | ||
| Feb 10, 2023 | ||
| Feb 4, 2022 | ||
| Feb 5, 2021 | ||
| Feb 7, 2020 | ||
| Feb 8, 2019 | ||
| Feb 9, 2018 | ||
| Feb 3, 2017 | ||
| Feb 5, 2016 | ||
| Feb 6, 2015 | ||
| Feb 7, 2014 | ||
| Feb 8, 2013 | ||
| Feb 3, 2012 | ||
| Feb 4, 2011 | ||
| Feb 5, 2010 | ||
| Feb 6, 2009 | ||
| Feb 28, 2008 | ||
| Feb 23, 2007 | ||
| Feb 24, 2006 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
Union Pacific Corp., P/E, long-term trends, comparison to industry (industrials)
| Union Pacific Corp. | Industrials | |
|---|---|---|
| Feb 6, 2026 | ||
| Feb 7, 2025 | ||
| Feb 9, 2024 | ||
| Feb 10, 2023 | ||
| Feb 4, 2022 | ||
| Feb 5, 2021 | ||
| Feb 7, 2020 | ||
| Feb 8, 2019 | ||
| Feb 9, 2018 | ||
| Feb 3, 2017 | ||
| Feb 5, 2016 | ||
| Feb 6, 2015 | ||
| Feb 7, 2014 | ||
| Feb 8, 2013 | ||
| Feb 3, 2012 | ||
| Feb 4, 2011 | ||
| Feb 5, 2010 | ||
| Feb 6, 2009 | ||
| Feb 28, 2008 | ||
| Feb 23, 2007 | ||
| Feb 24, 2006 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).