UNP vs UBER vs NSC Stock Comparison

Union Pacific, Uber Technologies and Norfolk Southern 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
3 wins
UBER Uber Technologies, Inc
$66.67 -4.0% 1M -29.5% 1Y
Market cap
$134.60B
P/E
14.1x
Revenue (TTM)
$55.23B
Div. yield
–
Ride-Hailing and Delivery Technology
7 wins
NSC Norfolk Southern Corp
$329.85 +4.7% 1M +16.2% 1Y
Market cap
$75.04B
P/E
28.0x
Revenue (TTM)
$12.96B
Div. yield
0.02%
Railroads Industrials
1 win

Head to Head

11 decided of 12

Uber Technologies leads on 7 of the 12 questions below (Uber Technologies 7, Union Pacific 3, Norfolk Southern 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionUNPUBERNSCLeader
Larger companyMarket capitalisation $176.20B $134.60B $75.04B UNP
Cheaper on earningsLower P/E, profitable companies only 23.1x 14.1x 28.0x UBER
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.2x 19.1x 27.3x UBER
Faster revenue growthRevenue growth, trailing twelve months +7.4% +16.7% +6.0% UBER
More profitableNet margin, trailing twelve months 28.9% 17.3% 20.7% UNP
Better return on capitalReturn on invested capital 15.7% 17.4% 9.7% UBER
Less leveragedLower net debt / EBITDA 2.1x 1.0x 2.7x UBER
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +33.1% -29.5% +16.2% UNP
Better 5-year returnAnnualised price return, 5 years +4.3%/yr +7.9%/yr +2.9%/yr UBER
Less volatileAnnualised volatility, 1 year 22.6% 35.4% 20.9% NSC
Higher overall scoreMean of the five percentile scores vs peers 45/100 67/100 35/100 UBER

Percentile Scorecard

UNPUBERNSC

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

AxisUNPUBERNSC
Valuation 16 #114 of 136 60 #67 of 167 10 #123 of 136
Growth 60 #49 of 122 86 #23 of 153 46 #67 of 122
Profitability 88 #15 of 119 78 #34 of 153 67 #40 of 119
Financial Health 38 #92 of 147 48 #94 of 179 30 #103 of 147
Shareholder Returns 24 #64 of 84 63 #35 of 94 21 #67 of 84
Overall 45 67 35
  • UNP ranked among 150 companies in Transportation
  • UBER ranked among 185 companies in Internet Platforms
  • NSC ranked among 150 companies in Transportation

Price Performance

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

Returns

PeriodUNPUBERNSCSPY
1 month +6.3%-4.0%+4.7% -1.0%
3 months -4.8%+1.1%-5.9% +2.9%
6 months +9.0%-10.7%+3.2% +6.4%
Year to date +26.6%-18.4%+14.2% +11.4%
1 year +33.1%-29.5%+16.2% +13.1%
3 years +42.6%+50.9%+68.1% +79.4%
3 years, per year +12.6%+14.7%+18.9% +21.5%
5 years +23.3%+46.5%+15.1% +67.7%
5 years, per year +4.3%+7.9%+2.9% +10.9%
10 years +224.1%—+255.0% +255.2%
10 years, per year +12.5%—+13.5% +13.5%

Risk

MeasureUNPUBERNSCSPY
Volatility, 1Y 22.6%35.4%20.9% 12.7%
Downside volatility, 1Y 21.7%35.4%20.2% 12.7%
Beta vs S&P 500, 1Y 0.150.830.18 1.00
Return / volatility, 1Y 1.46-0.830.78 1.03
Max drawdown, 5Y -32.9%-56.6%-38.0% -25.4%
From 52-week high -5.7%-33.1%-6.6% -2.5%
52-week high $310.62$99.72$352.99 $779.14
52-week low $216.37$65.95$278.19 $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.

MultipleUNPUBERNSC
P/E now vs peer median 22.8xmedian 16.0x 14.2xmedian 17.5x 27.6xmedian 16.0x
P/S now vs peer median 6.6xmedian 1.0x 2.5xmedian 1.4x 5.7xmedian 1.0x
EV/EBITDA now vs peer median 15.4xmedian 8.7x 19.2xmedian 14.9x 16.2xmedian 8.7x
P/FCF now vs peer median 26.0xmedian 11.5x 13.4xmedian 11.2x 45.0xmedian 11.5x
P/B now vs peer median 7.9xmedian 1.2x 4.8xmedian 1.7x 4.4xmedian 1.2x
PEG now vs peer median 3.23median 0.82 0.07median 0.42 3.07median 0.82

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 monthsUNPUBERNSC
Revenue $26.36B $55.23B $12.96B
Gross profit – $23.36B –
Operating income $10.57B $6.70B $4.09B
Net income $7.62B $9.67B $2.68B
Free cash flow $6.69B $10.12B $1.65B
R&D – $3.74B –
EPS (diluted) $12.81 $4.67 $11.92
Cash & equivalents $2.21B $4.87B $1.60B
Total debt $123.11B $12.72B $67.41B
Shares (diluted) 594.50M 2.05B 225.20M
Enterprise value $168.45B $106.40B $69.50B

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
MetricUNPUBERNSC
P/E 22.8x 14.2x 27.6x
P/FCF 26.0x 13.4x 45.0x
P/Operating cash flow 16.5x 13.0x 19.6x
P/S 6.6x 2.5x 5.7x
P/B 7.9x 4.8x 4.4x
P/Tangible book 7.9x 5.0x 4.4x
EV/EBITDA 15.4x 19.2x 16.2x
EV/EBIT 19.1x 21.4x 21.8x
EV/Revenue 7.6x 2.6x 6.9x
EV/FCF 30.1x 14.2x 54.1x
EV/Operating cash flow 19.1x 13.8x 23.6x
PEG (3Y EPS CAGR) 3.23 0.07 3.07

Growth

14 metrics
MetricUNPUBERNSC
Revenue growth (1Y) 7.4% 16.7% 6.0%
Revenue CAGR (3Y) 3.0% 16.4% 1.7%
Gross profit growth (1Y) – 24.4% –
Gross profit CAGR (3Y) – 19.3% –
Operating income growth (1Y) 6.0% 48.6% -10.2%
Operating income CAGR (3Y) 5.2% 139.2% 8.2%
Net income growth (1Y) 8.0% -23.4% -9.4%
Net income CAGR (3Y) 6.2% 203.6% 8.7%
EPS growth (1Y) 7.8% -21.3% -9.6%
EPS CAGR (3Y) 7.1% 203.6% 9.0%
Operating cash flow growth (1Y) 8.2% 18.6% -11.0%
Operating cash flow CAGR (3Y) 8.3% 73.8% 4.6%
Free cash flow growth (1Y) 11.3% 18.5% -21.5%
Free cash flow CAGR (3Y) 12.0% 79.7% 13.0%

Profitability

14 metrics
MetricUNPUBERNSC
Gross margin – 42.3% –
EBITDA margin 49.7% 13.5% 42.5%
Operating margin 40.1% 12.1% 31.5%
Pretax margin 37.6% 12.1% 26.4%
Net margin 28.9% 17.3% 20.7%
FCF margin 25.4% 18.3% 12.7%
Operating cash flow margin 39.9% 18.9% 29.2%
Return on equity 35.7% 35.9% 16.3%
Return on assets 10.6% 15.4% 5.9%
Return on invested capital 15.7% 17.4% 9.7%
Return on capital employed 15.9% 14.0% 9.8%
Asset turnover 0.4x 0.9x 0.3x
Cash conversion (OCF / net income) 1.4x 1.1x 1.4x
Stock comp / revenue – 3.5% –

Financial Health

11 metrics
MetricUNPUBERNSC
Debt / assets 41.8% 19.3% 36.2%
Debt / equity 1.4x 0.5x 1.0x
Net debt / EBITDA 2.1x 1.0x 2.7x
Debt / FCF 4.5x 1.3x 10.1x
Liabilities / assets 69.7% 57.1% 63.6%
Equity / assets 30.3% 42.9% 36.4%
Interest coverage 8.3x 14.5x 5.2x
Current ratio 1.2x 0.8x 0.9x
Quick ratio 0.9x 0.7x 0.8x
Cash ratio 0.6x 0.4x 0.4x
Altman Z-score 4.33 3.13 2.53

Shareholder Returns

7 metrics
MetricUNPUBERNSC
Dividend yield 1.9% – 1.6%
Net buyback yield 0.0% 5.0% 0.0%
Shareholder yield 1.9% 5.0% 1.7%
Payout ratio (earnings) – – 45.2%
Payout ratio (FCF) – – 73.6%
Dividend growth (1Y) – – -0.4%
Dividend CAGR (3Y) – – 0.2%

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.

ConsensusUNPUBERNSC
Forward P/E 21.2xFY2026 19.1xFY2026 27.3xFY2026
EPS, next fiscal year $13.83FY2026 $3.49FY2026 $12.07FY2026
EPS growth, next FY +18.6%FY2026 -26.2%FY2026 -3.4%FY2026
EPS growth, the year after -1.4% +20.6% +24.5%
Revenue, next fiscal year $27.79BFY2026 $61.46BFY2026 $13.99BFY2026
Revenue growth, next FY +13.4%FY2026 +18.2%FY2026 +14.9%FY2026
Revenue growth, the year after +4.4% +15.9% +2.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersUNPUBERNSC
Held by institutions 89.0% 82.5% 75.9%
Institutions holding 2,888 2,410 1,862
Change in shares held, QoQ +2.4% +1.3% +1.5%
Institutions buying 1,447 1,184 750
Institutions selling 985 976 631
Buyers to sellers 1.47 1.21 1.19

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.

UNPUBERNSC
UNP 1.00 0.07 0.94
UBER 0.07 1.00 0.07
NSC 0.94 0.07 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, UNP, UBER and NSC?

Union Pacific (UNP) is the largest by market capitalisation: Union Pacific (UNP) $176.20B, Uber Technologies (UBER) $134.60B, Norfolk Southern (NSC) $75.04B.

Which stock is cheaper, UNP, UBER and NSC?

Uber Technologies (UBER) trades on the lowest price-to-earnings ratio (Union Pacific (UNP) 23.1x, Uber Technologies (UBER) 14.1x, Norfolk Southern (NSC) 28.0x). On next year's consensus earnings, Uber Technologies (UBER) is cheapest (Union Pacific (UNP) 21.2x, Uber Technologies (UBER) 19.1x, Norfolk Southern (NSC) 27.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Uber Technologies (UBER) grew revenue fastest over the trailing twelve months: Union Pacific (UNP) +7.4%, Uber Technologies (UBER) +16.7%, Norfolk Southern (NSC) +6.0%.

Which company is more profitable?

Union Pacific (UNP) has the highest net margin (Union Pacific (UNP) 28.9%, Uber Technologies (UBER) 17.3%, Norfolk Southern (NSC) 20.7%). On return on invested capital, Uber Technologies (UBER) leads (Union Pacific (UNP) 15.7%, Uber Technologies (UBER) 17.4%, Norfolk Southern (NSC) 9.7%).

Which stock has performed better?

Over the past year Union Pacific (UNP) returned the most: Union Pacific (UNP) +33.1%, Uber Technologies (UBER) -29.5%, Norfolk Southern (NSC) +16.2%. Over five years, Uber Technologies (UBER) compounded fastest (Union Pacific (UNP) +4.3%/yr, Uber Technologies (UBER) +7.9%/yr, Norfolk Southern (NSC) +2.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Union Pacific (UNP) 0.00%, Uber Technologies (UBER) 0.00%, Norfolk Southern (NSC) 0.02%. Union Pacific (UNP) and Uber Technologies (UBER) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Norfolk Southern (NSC) has been the steadiest (Union Pacific (UNP) 22.6%, Uber Technologies (UBER) 35.4%, Norfolk Southern (NSC) 20.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, UNP, UBER and NSC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Uber Technologies (UBER) leads on 7. 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.