CP vs UNP vs BRK-B Stock Comparison

Canadian Pacific Kansas City, Union Pacific and Berkshire Hathaway Prices as of Oct 23, 2026 Peers: Industry group
UNP Union Pacific Corp
$292.89 +6.3% 1M +33.1% 1Y
Market cap
$176.20B
P/E
23.1x
Revenue (TTM)
$26.36B
Div. yield
–
Railroads Industrials
8 wins
BRK-B Berkshire Hathaway Inc
$542.43 +6.9% 1M +10.7% 1Y
Market cap
$787.34M
P/E
0.0x
Revenue (TTM)
$384.69B
Div. yield
–
Property and Casualty Insurance Financial Services
3 wins

Head to Head

11 decided of 12

Union Pacific leads on 8 of the 12 questions below (Union Pacific 8, Berkshire Hathaway 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCPUNPBRK-BLeader
Larger companyMarket capitalisation $79.59B $176.20B $787.34M UNP
Cheaper on earningsLower P/E, profitable companies only 28.4x 23.1x 0.0x BRK-B
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.1x 21.2x — UNP
Faster revenue growthRevenue growth, trailing twelve months +4.6% +7.4% +3.9% UNP
More profitableNet margin, trailing twelve months 25.0% 28.9% 22.3% UNP
Better return on capitalReturn on invested capital 6.0% 15.7% -10.4% UNP
Less leveragedLower net debt / EBITDA 3.1x 2.1x 2.4x UNP
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +17.9% +33.1% +10.7% UNP
Better 5-year returnAnnualised price return, 5 years +3.3%/yr +4.3%/yr +13.4%/yr BRK-B
Less volatileAnnualised volatility, 1 year 22.7% 22.6% 14.6% BRK-B
Higher overall scoreMean of the five percentile scores vs peers 44/100 45/100 30/100 UNP

Percentile Scorecard

CPUNPBRK-B

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCPUNPBRK-B
Valuation 12 #120 of 136 16 #114 of 136 16 #100 of 119
Growth 51 #60 of 122 60 #49 of 122 26 #87 of 117
Profitability 59 #49 of 119 88 #15 of 119 41 #69 of 117
Financial Health 28 #106 of 147 38 #92 of 147 60 #48 of 118
Shareholder Returns 69 #27 of 84 24 #64 of 84 8 #100 of 108
Overall 44 45 30
  • CP ranked among 150 companies in Transportation
  • UNP ranked among 150 companies in Transportation
  • BRK-B ranked among 126 companies in Insurance

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCPUNPBRK-BSPY
1 month +1.4%+6.3%+6.9% -1.0%
3 months -3.1%-4.8%+9.6% +2.9%
6 months +3.0%+9.0%+15.6% +6.4%
Year to date +21.6%+26.6%+7.9% +11.4%
1 year +17.9%+33.1%+10.7% +13.1%
3 years +28.9%+42.6%+60.2% +79.4%
3 years, per year +8.8%+12.6%+17.0% +21.5%
5 years +17.6%+23.3%+87.5% +67.7%
5 years, per year +3.3%+4.3%+13.4% +10.9%
10 years +204.4%+224.1%+277.7% +255.2%
10 years, per year +11.8%+12.5%+14.2% +13.5%

Risk

MeasureCPUNPBRK-BSPY
Volatility, 1Y 22.7%22.6%14.6% 12.7%
Downside volatility, 1Y 21.8%21.7%14.3% 12.7%
Beta vs S&P 500, 1Y 0.440.15-0.03 1.00
Return / volatility, 1Y 0.791.460.73 1.03
Max drawdown, 5Y -26.5%-32.9%-26.6% -25.4%
From 52-week high -7.4%-5.7%-0.8% -2.5%
52-week high $96.69$310.62$547.00 $779.14
52-week low $68.88$216.37$465.40 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCPUNPBRK-B
P/E now vs peer median 28.4xmedian 16.0x 22.8xmedian 16.0x 0.0xmedian 10.5x
P/S now vs peer median 7.0xmedian 1.0x 6.6xmedian 1.0x 3.0xmedian 1.4x
EV/EBITDA now vs peer median 17.2xmedian 8.7x 15.4xmedian 8.7x -9.6xmedian 8.0x
P/FCF now vs peer median 44.8xmedian 11.5x 26.0xmedian 11.5x 48.3xmedian 8.4x
P/B now vs peer median 2.3xmedian 1.2x 7.9xmedian 1.2x 1.6xmedian 1.5x
PEG now vs peer median -10.52median 0.82 3.23median 0.82 —median 0.47

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCPUNPBRK-B
Revenue $11.18B $26.36B $384.69B
Gross profit – – $215.64B
Operating income $4.11B $10.57B -$111.18B
Net income $2.80B $7.62B $86.08B
Free cash flow $1.76B $6.69B $24.22B
EPS (diluted) $3.15 $12.81 –
Cash & equivalents $257.58M $2.21B $40.61B
Total debt $69.26B $123.11B $128.60B
Shares (diluted) 887.10M 594.50M –
Enterprise value $78.61B $168.45B -$1.42T

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCPUNPBRK-B
P/E 28.4x 22.8x 0.0x
P/FCF 44.8x 26.0x 48.3x
P/Operating cash flow 19.8x 16.5x 25.1x
P/S 7.0x 6.6x 3.0x
P/B 2.3x 7.9x 1.6x
P/Tangible book 2.5x 7.9x 1.6x
EV/EBITDA 17.2x 15.4x -9.6x
EV/EBIT 23.4x 19.1x -8.4x
EV/Revenue 8.6x 7.6x 2.4x
EV/FCF 54.8x 30.1x 38.5x
EV/Operating cash flow 24.2x 19.1x 20.0x
PEG (3Y EPS CAGR) -10.52 3.23 –

Growth

14 metrics
MetricCPUNPBRK-B
Revenue growth (1Y) 4.6% 7.4% 3.9%
Revenue CAGR (3Y) 13.6% 3.0% 4.9%
Gross profit growth (1Y) – – 2.1%
Gross profit CAGR (3Y) – – 1.0%
Operating income growth (1Y) 5.7% 6.0% -4.9%
Operating income CAGR (3Y) 14.1% 5.2% -8.5%
Net income growth (1Y) -6.7% 8.0% 35.9%
Net income CAGR (3Y) -4.4% 6.2% -0.5%
EPS growth (1Y) -2.7% 7.8% –
EPS CAGR (3Y) -2.7% 7.1% –
Operating cash flow growth (1Y) 1.1% 8.2% 70.1%
Operating cash flow CAGR (3Y) 5.1% 8.3% 2.6%
Free cash flow growth (1Y) -3.8% 11.3% 194.4%
Free cash flow CAGR (3Y) -3.3% 12.0% -2.5%

Profitability

14 metrics
MetricCPUNPBRK-B
Gross margin – – 56.1%
EBITDA margin 50.0% 49.7% -25.3%
Operating margin 36.7% 40.1% -28.9%
Pretax margin 33.4% 37.6% 29.2%
Net margin 25.0% 28.9% 22.3%
FCF margin 15.7% 25.4% 6.3%
Operating cash flow margin 35.6% 39.9% 12.1%
Return on equity 8.3% 35.7% 11.6%
Return on assets 4.4% 10.6% 6.8%
Return on invested capital 6.0% 15.7% -10.4%
Return on capital employed 7.0% 15.9% –
Asset turnover 0.2x 0.4x 0.3x
Cash conversion (OCF / net income) 1.4x 1.4x 0.5x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricCPUNPBRK-B
Debt / assets 28.2% 41.8% 10.2%
Debt / equity 0.5x 1.4x 0.2x
Net debt / EBITDA 3.1x 2.1x 2.4x
Debt / FCF 10.1x 4.5x 5.3x
Liabilities / assets 46.7% 69.7% 40.6%
Equity / assets 53.3% 30.3% 59.4%
Interest coverage – 8.3x -21.4x
Current ratio 0.6x 1.2x –
Quick ratio 0.5x 0.9x –
Cash ratio 0.1x 0.6x –
Altman Z-score 2.28 4.33 –

Shareholder Returns

7 metrics
MetricCPUNPBRK-B
Dividend yield 1.1% 1.9% –
Net buyback yield 3.8% 0.0% 0.4%
Shareholder yield 4.9% 1.9% 0.4%
Payout ratio (earnings) 21.1% – –
Payout ratio (FCF) 33.7% – –
Dividend growth (1Y) 11.3% – –
Dividend CAGR (3Y) 3.9% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCPUNPBRK-B
Forward P/E 23.1xFY2026 21.2xFY2026 –
EPS, next fiscal year $3.87FY2026 $13.83FY2026 –
EPS growth, next FY +15.2%FY2026 +18.6%FY2026 –
EPS growth, the year after +12.9% -1.4% –
Revenue, next fiscal year $12.35BFY2026 $27.79BFY2026 –
Revenue growth, next FY +12.5%FY2026 +13.4%FY2026 –
Revenue growth, the year after -3.4% +4.4% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCPUNPBRK-B
Held by institutions 69.7% 89.0% 65.8%
Institutions holding 973 2,888 4,921
Change in shares held, QoQ +2.5% +2.4% +1.8%
Institutions buying 439 1,447 2,235
Institutions selling 293 985 1,987
Buyers to sellers 1.50 1.47 1.12

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CPUNPBRK-B
CP 1.00 0.68 0.11
UNP 0.68 1.00 0.23
BRK-B 0.11 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CP, UNP and BRK-B?

Union Pacific (UNP) is the largest by market capitalisation: Canadian Pacific Kansas City (CP) $79.59B, Union Pacific (UNP) $176.20B, Berkshire Hathaway (BRK-B) $787.34M.

Which stock is cheaper, CP, UNP and BRK-B?

Berkshire Hathaway (BRK-B) trades on the lowest price-to-earnings ratio (Canadian Pacific Kansas City (CP) 28.4x, Union Pacific (UNP) 23.1x, Berkshire Hathaway (BRK-B) 0.0x). On next year's consensus earnings, Union Pacific (UNP) is cheapest (Canadian Pacific Kansas City (CP) 23.1x, Union Pacific (UNP) 21.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Union Pacific (UNP) grew revenue fastest over the trailing twelve months: Canadian Pacific Kansas City (CP) +4.6%, Union Pacific (UNP) +7.4%, Berkshire Hathaway (BRK-B) +3.9%.

Which company is more profitable?

Union Pacific (UNP) has the highest net margin (Canadian Pacific Kansas City (CP) 25.0%, Union Pacific (UNP) 28.9%, Berkshire Hathaway (BRK-B) 22.3%). On return on invested capital, Union Pacific (UNP) leads (Canadian Pacific Kansas City (CP) 6.0%, Union Pacific (UNP) 15.7%, Berkshire Hathaway (BRK-B) -10.4%).

Which stock has performed better?

Over the past year Union Pacific (UNP) returned the most: Canadian Pacific Kansas City (CP) +17.9%, Union Pacific (UNP) +33.1%, Berkshire Hathaway (BRK-B) +10.7%. Over five years, Berkshire Hathaway (BRK-B) compounded fastest (Canadian Pacific Kansas City (CP) +3.3%/yr, Union Pacific (UNP) +4.3%/yr, Berkshire Hathaway (BRK-B) +13.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Canadian Pacific Kansas City (CP) 0.01%, Union Pacific (UNP) 0.00%, Berkshire Hathaway (BRK-B) 0.00%. Union Pacific (UNP) and Berkshire Hathaway (BRK-B) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Berkshire Hathaway (BRK-B) has been the steadiest (Canadian Pacific Kansas City (CP) 22.7%, Union Pacific (UNP) 22.6%, Berkshire Hathaway (BRK-B) 14.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CP, UNP and BRK-B?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Union Pacific (UNP) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.