Union PacificXSWX:UNP +1.73%91 Debt-to-Equity is 1.62 as of Mar. 2026, which is 10% below its 10-year median of 1.80. 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 907 Transportation companies, Union Pacific ranks worse than 84.56% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Union Pacific's Debt-to-Equity or its related term are showing as below:
XSWX:UNP'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 1.8 Max: 2.99
Current: 1.62
During the past 13 years, the highest Debt-to-Equity Ratio of Union Pacific was 2.99. The lowest was 0.68. And the median was 1.80.
XSWX:UNP's Debt-to-Equity is ranked worse than 84.56% of 907
companies
in the Transportation industry
Industry Median: 0.53
vs XSWX:UNP: 1.62
Union Pacific (XSWX:UNP) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Union Pacific Debt-to-Equity Related Terms
Union Pacific Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Union Pacific's Debt-to-Equity 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-Equity Comparison
For the Railroads subindustry, Union Pacific's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Union Pacific's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Union Pacific's Debt-to-Equity 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.
Union Pacific (XSWX:UNP) has a Debt-to-Equity of 1.62 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Union Pacific and its competitors. This is 10% below median its historical median of 1.80. Over the past decade, Union Pacific's Debt-to-Equity has ranged from 0.68 to 2.99. According to the industry distribution chart, Union Pacific ranks #767 out of 907 companies in the Transportation industry, placing it in the top 84.6%.
Is Union Pacific's Debt-to-Equity too high?
Union Pacific's current Debt-to-Equity of 1.62 is 10% below median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.99. The Transportation industry median Debt-to-Equity is 0.53. Union Pacific's value of 1.62 is 205.7% above this industry median. Based on the distribution chart, Union Pacific ranks #767 out of 907 companies in the Transportation industry, which is in the bottom quartile relative to peers. 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-Equity compare to CSX and NSC?
According to the Transportation industry distribution chart, Union Pacific ranks #767 out of 907 companies for Debt-to-Equity. This places Union Pacific in the lower half of its industry. The industry median Debt-to-Equity is 0.53. Union Pacific's value of 1.62 is 205.7% above this benchmark. Historically, Union Pacific's own Debt-to-Equity has ranged from 0.68 to 2.99 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 0.53, 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 Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 907 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Pacific's current Debt-to-Equity of 1.62 is 205.7% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Union Pacific and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Pacific's current Debt-to-Equity is 1.62, which is 10% below median its own 10-year median of 1.80. 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-Equity of 1.62. 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-Equity is 1.62, which is 10% below median its 10-year median of 1.80 and 205.7% above the Transportation industry median of 0.53. 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Union Pacific (XSWX:UNP), the current Debt-to-Equity is 1.62 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-Equity: 1.62 (10% below median its 10-year median of 1.80)
GF Value™: CHF199.76 vs. price of CHF232.00 (16.1% above fair value)
Industry Position: 205.7% above the Transportation median (#767 of 907)
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
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:UNP has been successfully added to your 
