Union PacificUNP +0.19%91 EV-to-EBITDA is 15.20 as of Jul. 08, 2026, which is 14% above its 10-year median of 13.39. GuruFocus rates UNP with a GF Score™ of 91/100 and a GF Value™ of $246.52 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 899 Transportation companies, Union Pacific ranks worse than 76.75% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Union Pacific's enterprise value is $198,562 Mil.
Union Pacific's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $13,063 Mil. Therefore, Union Pacific's EV-to-EBITDA for today is 15.20.
The historical rank and industry rank for Union Pacific's EV-to-EBITDA or its related term are showing as below:
UNP'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.21 Med: 13.39 Max: 17.73
Current: 15.2
During the past 13 years, the highest EV-to-EBITDA of Union Pacific was 17.73. The lowest was 9.21. And the median was 13.39.
UNP's EV-to-EBITDA is ranked worse than 76.75% of 899
companies
in the Transportation industry
Industry Median: 8.7
vs UNP: 15.20
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Union Pacific (NYSE:UNP) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Union Pacific's PE Ratio (TTM) for today is calculated as:
Union Pacific's share price for today is $283.12.
Union Pacific's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.140.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Union Pacific's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Railroads subindustry, Union Pacific's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Union Pacific EV-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Union Pacific's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Union Pacific's EV-to-EBITDA falls into.
Union Pacific's current Enterprise Value is $198,562 Mil.
Union Pacific's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $13,063 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Union Pacific (UNP) has a EV-to-EBITDA of 15.20 as of Jul. 08, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Union Pacific. This is 14% above median its historical median of 13.39. Over the past decade, Union Pacific's EV-to-EBITDA has ranged from 9.21 to 17.73. According to the industry distribution chart, Union Pacific ranks #690 out of 899 companies in the Transportation industry, placing it in the top 76.8%.
Is Union Pacific's EV-to-EBITDA too high?
Union Pacific's current EV-to-EBITDA of 15.20 is 14% above median its 10-year median of 13.39. Over the past 10 years, this metric has ranged from a low of 9.21 to a high of 17.73. The Transportation industry median EV-to-EBITDA is 8.70. Union Pacific's value of 15.20 is 74.7% above this industry median. Based on the distribution chart, Union Pacific ranks #690 out of 899 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Union Pacific has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Pacific's EV-to-EBITDA compare to CSX and NSC?
According to the Transportation industry distribution chart, Union Pacific ranks #690 out of 899 companies for EV-to-EBITDA. This places Union Pacific in the lower half of its industry. The industry median EV-to-EBITDA is 8.70. Union Pacific's value of 15.20 is 74.7% above this benchmark. Historically, Union Pacific's own EV-to-EBITDA has ranged from 9.21 to 17.73 over the past decade. While the company's 10-year median is 13.39 vs. the industry median of 8.70, Union Pacific has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Transportation company?
The median EV-to-EBITDA among Transportation companies is 8.70, based on 899 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Pacific's current EV-to-EBITDA of 15.20 is 74.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Union Pacific. For the Transportation industry, the median EV-to-EBITDA is 8.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Pacific's current EV-to-EBITDA is 15.20, which is 14% above median its own 10-year median of 13.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Pacific stock overvalued right now?
Based on GuruFocus' analysis, Union Pacific (UNP) is currently considered Modestly Overvalued. The stock's GF Value™ is $246.52, compared to a current price of $283.12 — trading 14.8% above its estimated fair value. The current EV-to-EBITDA is 15.20, which is 14% above median its 10-year median of 13.39 and 74.7% above the Transportation industry median of 8.70. Union Pacific's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Union Pacific (UNP), the current EV-to-EBITDA is 15.20 as of Jul. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Union Pacific (UNP) Overvalued in 2026?
Based on GuruFocus' analysis, Union Pacific stock appears to be overvalued.
The current stock price of $283.12 is trading 14.8% above its estimated GF Value™ of $246.52.
GuruFocus considers Union Pacific to be Modestly Overvalued.
Key valuation signals for UNP:
EV-to-EBITDA: 15.20 (14% above median its 10-year median of 13.39)
GF Value™: $246.52 vs. price of $283.12 (14.8% above fair value)
Industry Position: 74.7% above the Transportation median (#690 of 899)
No single metric tells the full story. See the UNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two-thirds of the US, Union Pacific generated $24.5 billion of revenue in 2025 by hauling coal, industrial products, intermodal containers, agricultural goods, chemicals, fertilizers, and automotive goods. Union Pacific owns about one-fourth of Mexican railroad Ferromex and historically derives roughly 10% of its revenue hauling freight to and from Mexico.
91GF Score
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