Union Pacific UNP
NYSE UNP
$300.58 +3.57 (+1.20%)
As of: Nov 10, 2026 · 3:59 PM EST

Union Pacific (UNP) EV to EBITDA (2009 - 2026)

Updated

Union Pacific's EV to EBITDA was 12.10 in Q3 2026, up 7.8% from 11.23 a year earlier but down 3.7% from the prior quarter.

Analysis

Union Pacific (UNP) EV to EBITDA (2009 - 2026) Analysis & Trends

On a trailing twelve-month basis, Union Pacific's EV to EBITDA was 11.75 through Sep 30, 2026, up 7.4% 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%).
  • Quarterly EV to EBITDA has moved between 9.74 (Q3 2022) and 14.30 (Q1 2022) over five years.
  • Compared with a year earlier, EV to EBITDA was higher in two of the last eight quarters, with an average decline of 2.5%.
  • 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 Q3 2026 was 12.57 (Q2 2026), 11.51 (Q1 2026) and 11.02 (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Union Pacific 176.01 Bn 168.25 Bn -
2 Csx 93.62 Bn 88.85 Bn -
3 United Parcel Service 92.85 Bn 69.67 Bn -
4 Canadian Pacific Kansas City 82.31 Bn 81.35 Bn -
5 Fedex 74.59 Bn 40.78 Bn -
6 Norfolk Southern 72.94 Bn 67.40 Bn -
7 Delta Air Lines 59.87 Bn 42.05 Bn -
8 United Airlines Holdings 39.08 Bn -18.61 Bn -
9 Old Dominion Freight Line 34.91 Bn 33.76 Bn -
10 Ryanair Holdings 32.51 Bn -871.89 Mn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 12.10
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
API Access

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