UNION PACIFIC CORP (UNP)
Railroads, Line-Haul Operating
Latest Price
$292.13
TTM P/E
23.64
Normalized P/E
25.99
Div Yield
1.89%
Book Value
34.85
P/B Ratio
8.38
Valuation metrics
adjust assumptions →EPS: $11.98
Book value / share: $31.13
Formula: √(22.5 × EPS × BVPS)
Graham Number
$91.60
69% downside
Norm. op. income: $9.3B (median of 7yr)
Tax rate: 23%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$69.62
76% downside
Base FCF: $5.7B (median of recent 5yr)
Growth: 1%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$75.16
74% downside
EPS: $11.98
Target P/E: 26×
Formula: EPS × P/E
P/E Fair Value
$311.48
+7% upside
Institutional Ownership
81.7% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 47.78M | $11.59B | 8.04% | -1.42M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 38.56M | $9.35B | 6.49% | -- | 2026-03-31 |
| Capital World Investors | 27.07M | $6.57B | 4.56% | +6.94M | 2026-03-31 |
| STATE STREET CORP | 26.59M | $6.45B | 4.48% | +257.8K | 2026-03-31 |
| Capital Research Global Investors | 16.91M | $4.10B | 2.85% | +5.93M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 15.86M | $3.85B | 2.67% | +501.9K | 2026-03-31 |
| MORGAN STANLEY | 14.88M | $3.61B | 2.51% | +2.25M | 2026-03-31 |
| BANK OF AMERICA CORP /DE/ | 14.46M | $3.51B | 2.44% | +2.08M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 14.44M | $3.50B | 2.43% | -- | 2026-03-31 |
| Invesco Ltd. | 7.28M | $1.76B | 1.23% | +391.8K | 2026-03-31 |