Union PacificXSWX:UNP +1.73%91 Debt-to-EBITDA is 2.48 as of Mar. 2026, which is 4% below its 10-year median of 2.57. GuruFocus rates XSWX:UNP with a GF Score™ of 91/100 and a GF Value™ of CHF199.76. The stock has 5 warning signs investors should review. Among 868 Transportation companies, Union Pacific ranks better than 53.46% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Union Pacific's Debt-to-EBITDA or its related term are showing as below:
XSWX:UNP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.58 Med: 2.57 Max: 2.87
Current: 2.41
During the past 13 years, the highest Debt-to-EBITDA Ratio of Union Pacific was 2.87. The lowest was 1.58. And the median was 2.57.
XSWX:UNP's Debt-to-EBITDA is ranked better than 53.46% of 868
companies
in the Transportation industry
Industry Median: 2.64
vs XSWX:UNP: 2.41
Union Pacific (XSWX:UNP) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Union Pacific Debt-to-EBITDA Related Terms
Union Pacific Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Union Pacific's Debt-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.
XSWX:UNP vs CSX, NSC, WAB: Debt-to-EBITDA Comparison
For the Railroads subindustry, Union Pacific's Debt-to-EBITDA, along with its competitors' market caps and Debt-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 Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Union Pacific's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Union Pacific's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Union Pacific (XSWX:UNP) has a Debt-to-EBITDA of 2.48 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Union Pacific. This is near median its historical median of 2.57. Over the past decade, Union Pacific's Debt-to-EBITDA has ranged from 1.58 to 2.87. According to the industry distribution chart, Union Pacific ranks #404 out of 868 companies in the Transportation industry, placing it in the top 46.5%.
Is Union Pacific's Debt-to-EBITDA too high?
Union Pacific's current Debt-to-EBITDA of 2.48 is near median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 2.87. The Transportation industry median Debt-to-EBITDA is 2.64. Union Pacific's value of 2.48 is 6.1% below this industry median. Based on the distribution chart, Union Pacific ranks #404 out of 868 companies in the Transportation industry, which is above the industry midpoint. Overall, Union Pacific has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Union Pacific's Debt-to-EBITDA compare to CSX and NSC?
According to the Transportation industry distribution chart, Union Pacific ranks #404 out of 868 companies for Debt-to-EBITDA. This puts Union Pacific in the upper half of its industry. The industry median Debt-to-EBITDA is 2.64. Union Pacific's value of 2.48 is 6.1% below this benchmark. Historically, Union Pacific's own Debt-to-EBITDA has ranged from 1.58 to 2.87 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 2.64, Union Pacific has consistently been below 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 Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 868 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Pacific's current Debt-to-EBITDA of 2.48 is 6.1% below 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Union Pacific. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Pacific's current Debt-to-EBITDA is 2.48, which is near median its own 10-year median of 2.57. 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?
Union Pacific (XSWX:UNP) has a current Debt-to-EBITDA of 2.48. The stock's GF Value™ is CHF199.76, compared to a current price of CHF232.00 — trading 16.1% above its estimated fair value. The current Debt-to-EBITDA is 2.48, which is near median its 10-year median of 2.57 and 6.1% below the Transportation industry median of 2.64. 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 Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Union Pacific (XSWX:UNP), the current Debt-to-EBITDA is 2.48 as of Mar. 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 (XSWX:UNP) Overvalued in 2026?
Based on GuruFocus' analysis, Union Pacific stock appears to be overvalued.
The current stock price of CHF232.00 is trading 16.1% above its estimated GF Value™ of CHF199.76.
Key valuation signals for XSWX:UNP:
Debt-to-EBITDA: 2.48 (near median its 10-year median of 2.57)
GF Value™: CHF199.76 vs. price of CHF232.00 (16.1% above fair value)
Industry Position: 6.1% below the Transportation median (#404 of 868)
No single metric tells the full story. See the XSWX: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
Get the complete analysis for XSWX:UNP
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