UNPUnion Pacific Corporation

$310.63

Is it safe?

Can UNP take a bad year?

Union Pacific Corporation carries $28.7B of net debt at 2.26× EBITDA: a load its earnings can carry.

$28.7B

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.26×

Net debt / EBITDA · 2.59× a year ago · the load is coming down

Altman Z-score
4.01

Altman Z-score · safe zone, above 3

Interest cover
7.92×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ2 2026
$30.3B
Cash and short-term investments
$1.61B
Net debt
$28.7B
EBITDA, trailing twelve months
$12.7B
Operating profit, trailing twelve months
$10.2B
Debt / equity
1.47×
Total debt / EBITDA
2.39×
Annualised volatilitytwo years of daily moves
24%
Worst drawdown on file
−39%
Below its 52-week high
0.00%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.