UNION PACIFIC CORP

UNP

Quality scores

Data as of Sep 5, 2026

6 / 9

Neutral

6/9 — middling fundamentals (neutral zone).

PassROA > 0 — ROA last year = 10.24 %
PassFCF > 0 — FCF last year = 5,499.00 mill.
FailFCF > net income (accrual quality) — FCF 5,499.00 vs. net income 7,138.00 (mill.)
PassRising ROA — ROA 10.24 % vs. prior year 9.96 %

PassLower long-term leverage — long-term debt/assets 0.43 vs. prior 0.44
PassRising current ratio (more liquidity) — Current ratio 0.91 vs. prior 0.77
PassNo dilution (shares do not grow) — Shares 593.25 mill. vs. prior 604.24 mill.

Z-Score (original)

4.23

Safe zone

Z''-Score (non-manufacturing)

7.79

Safe zone

Ratio	Value
X1 — Working capital / Total assets	-0.01
X2 — Retained earnings / Total assets	1.00
X3 — EBIT / Total assets	0.14
X4 — Market cap / Total liabilities	3.37
X4 — Book equity / Total liabilities	0.36
X5 — Sales / Total assets	0.35