Union Pacific (HAM:UNP) ROCE %: 15.82% (As of Mar. 2026)


HAM:UNP Union Pacific Corp HAM:UNP
91 GF Score
Price €228.40
GF Value €216.95
! 3 Warning Signs
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What is Union Pacific ROCE %?

Union Pacific HAM:UNP +0.26% 91 ROCE % is 15.82% as of Mar. 2026. GuruFocus rates HAM:UNP with a GF Score™ of 91/100 and a GF Value™ of €216.95. The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Union Pacific's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.82%.

Union Pacific  (HAM:UNP) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Union Pacific ROCE % Related Terms

Union Pacific ROCE % Historical Data

* Premium members only.

The historical data trend for Union Pacific's ROCE % 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.

Union Pacific ROCE % Chart

Union Pacific Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.23 18.13 15.48 16.49 15.57

Union Pacific Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.46 16.48 16.71 17.09 15.82
HAM:UNP
91GF Score
Union Pacific Corp HAM:UNP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Union Pacific ROCE % Calculation

Union Pacific's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=8945.65/( ( (64667.825 - 5017.57) + (59522.092 - 4281.956) )/ 2 )
=8945.65/( (59650.255+55240.136)/ 2 )
=8945.65/57445.1955
=15.57 %

Union Pacific's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=8819.54/( ( (59522.092 - 4281.956) + (60242.06 - 3980.73) )/ 2 )
=8819.54/( ( 55240.136 + 56261.33 )/ 2 )
=8819.54/55750.733
=15.82 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 15.82% mean?
Union Pacific (HAM:UNP) has a ROCE % of 15.82% as of Mar. 2026.
Is Union Pacific's ROCE % too high?
Union Pacific's current ROCE % is 15.82%. The Transportation industry median ROCE % is 7.74. Union Pacific's value of 15.82% is 104.4% above this industry median. 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 ROCE % compare to CSX and NSC?
Union Pacific's ROCE % of 15.82% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.74. Union Pacific's value of 15.82% is 104.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.74, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Pacific's current ROCE % of 15.82% is 104.4% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Pacific's current ROCE % is 15.82%. 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 (HAM:UNP) has a current ROCE % of 15.82%. The stock's GF Value™ is €216.95, compared to a current price of €228.40 — trading 5.3% above its estimated fair value. The current ROCE % is 15.82% and 104.4% above the Transportation industry median of 7.74. Union Pacific's overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Union Pacific (HAM:UNP), the current ROCE % is 15.82% 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 (HAM:UNP) Overvalued in 2026?

Based on GuruFocus' analysis, Union Pacific stock appears to be overvalued. The current stock price of €228.40 is trading 5.3% above its estimated GF Value™ of €216.95.

Key valuation signals for HAM:UNP:

  • ROCE %: 15.82%
  • GF Value™: €216.95 vs. price of €228.40 (5.3% above fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 104.4% above the Transportation median

No single metric tells the full story. See the HAM:UNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Union Pacific Business Description

Address 1400 Douglas Street, Omaha, NE, USA, 68179
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

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€228.40
Price
€216.95
GF Value