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Union PacificUNP +0.50%93 Equity-to-Asset is 0.29 as of Jun. 2026, which is 12% above its 10-year median of 0.26. GuruFocus rates UNP with a GF Score™ of 93/100 and a GF Value™ of $255.55 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,013 Transportation companies, Union Pacific ranks worse than 78.18% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Union Pacific's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $20,673 Mil. Union Pacific's Total Assets for the quarter that ended in Jun. 2026 was $71,211 Mil.
Therefore, Union Pacific's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.29.
The historical rank and industry rank for Union Pacific's Equity-to-Asset or its related term are showing as below:
UNP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.26 Max: 0.43
Current: 0.29
During the past 13 years, the highest Equity to Asset Ratio of Union Pacific was 0.43. The lowest was 0.18. And the median was 0.26.
UNP's Equity-to-Asset is ranked worse than 78.18% of 1013
companies
in the Transportation industry
Industry Median: 0.5
vs UNP: 0.29
Union Pacific (NYSE:UNP) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Union Pacific Equity-to-Asset Related Terms
Union Pacific Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Union Pacific's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Union Pacific's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Union Pacific's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Union Pacific's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.29 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Union Pacific and its competitors. This is 12% above median its historical median of 0.26. Over the past decade, Union Pacific's Equity-to-Asset has ranged from 0.18 to 0.43. According to the industry distribution chart, Union Pacific ranks #792 out of 1013 companies in the Transportation industry, placing it in the top 78.2%.
Is Union Pacific's Equity-to-Asset too high?
Union Pacific's current Equity-to-Asset of 0.29 is 12% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.43. The Transportation industry median Equity-to-Asset is 0.50. Union Pacific's value of 0.29 is 42% below this industry median. Based on the distribution chart, Union Pacific ranks #792 out of 1013 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Union Pacific has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Pacific's Equity-to-Asset compare to CSX and NSC?
According to the Transportation industry distribution chart, Union Pacific ranks #792 out of 1013 companies for Equity-to-Asset. This places Union Pacific in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Union Pacific's value of 0.29 is 42% below this benchmark. Historically, Union Pacific's own Equity-to-Asset has ranged from 0.18 to 0.43 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.50, 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 Equity-to-Asset for a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Pacific's current Equity-to-Asset of 0.29 is 42% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Union Pacific and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Pacific's current Equity-to-Asset is 0.29, which is 12% above median its own 10-year median of 0.26. 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 $255.55, compared to a current price of $305.48 — trading 19.5% above its estimated fair value. The current Equity-to-Asset is 0.29, which is 12% above median its 10-year median of 0.26 and 42% below the Transportation industry median of 0.50. Union Pacific's overall GF Score™ is 93/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Union Pacific (UNP), the current Equity-to-Asset is 0.29 as of Jun. 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 $305.48 is trading 19.5% above its estimated GF Value™ of $255.55.
GuruFocus considers Union Pacific to be Modestly Overvalued.
Key valuation signals for UNP:
Equity-to-Asset: 0.29 (12% above median its 10-year median of 0.26)
GF Value™: $255.55 vs. price of $305.48 (19.5% above fair value)
Industry Position: 42% below the Transportation median (#792 of 1013)
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.
93GF Score
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