Union Pacific (UNP) EV to EBITDA (2009 - 2026)
Union Pacific's EV to EBITDA was 12.57 in Q2 2026, up 13.9% from 11.04 a year earlier and up 9.2% from the prior quarter.
Union Pacific (UNP) EV to EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Union Pacific's EV to EBITDA was 12.31 through Jun 30, 2026, up 14.4% year-over-year; for FY2025, it came in at 11.02, down 2.4% from FY2024.
- In earlier years, EV to EBITDA was 11.29 in FY2024 (-13.4%), 13.04 in FY2023 (+26.1%), 10.34 in FY2022 (-25.3%) and 13.85 in FY2021 (+0.9%).
- The Q2 2026 figure marks the highest quarterly EV to EBITDA since Q1 2024.
- Compared with a year earlier, EV to EBITDA was higher in two of the last eight quarters, with an average decline of 1.7%.
- The best year-over-year quarter for EV to EBITDA over five years was Q1 2024 (growth of 28.9%); the worst was Q1 2023 (a decline of 29.7%).
- Per Business Quant data, UNP's EV to EBITDA in the three quarters before Q2 2026 was 11.51 (Q1 2026), 11.02 (Q4 2025) and 11.23 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.57 |
| Mar 31, 2026 | 11.51 |
| Dec 31, 2025 | 11.02 |
| Sep 30, 2025 | 11.23 |
| Jun 30, 2025 | 11.04 |
| Mar 31, 2025 | 11.55 |
| Dec 31, 2024 | 11.29 |
| Sep 30, 2024 | 12.41 |
| Jun 30, 2024 | 11.68 |
| Mar 31, 2024 | 12.96 |
| Dec 31, 2023 | 13.04 |
| Sep 30, 2023 | 10.84 |
| Jun 30, 2023 | 10.48 |
| Mar 31, 2023 | 10.06 |
| Dec 31, 2022 | 10.34 |
| Sep 30, 2022 | 9.74 |
| Jun 30, 2022 | 11.07 |
| Mar 31, 2022 | 14.30 |
| Dec 31, 2021 | 13.85 |
| Sep 30, 2021 | 11.25 |
Union Pacific EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=UNP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "UNP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=UNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();