Union Pacific (UNP) Debt/Equity Ratio: History & Chart

Union Pacific Corporation(UNP)

Railroads · Omaha, NE

$285.03+0.28 (+0.10%)

Delayed quote: Sep 10, 2026, 1:15 PM EDT

About Union Pacific Corporation

Union Pacific Corporation, a prominent American railway enterprise, conducts its primary operations through its subsidiary, Union Pacific Railroad Company. The company provides extensive freight transportation services for a wide array of commodities. Its diverse cargo includes agricultural products like grain, fertilizers, and refrigerated foods; energy resources such as coal, renewables, petroleum, and liquid petroleum gases; and industrial materials encompassing construction products, chemicals, plastics, forest products, metals, ores, soda ash, and sand. Union Pacific also facilitates the movement of finished automobiles, automotive parts, and general merchandise in intermodal containers, serving a varied clientele that spans agricultural processors, energy producers, and industrial manufacturers. As of December 31, 2021, the company's vast rail network stretched 32,452 route miles, strategically connecting major ports along the Pacific and Gulf Coasts with crucial gateways throughout the Midwestern and Eastern United States. Established in 1862, Union Pacific Corporation is headquartered in Omaha, Nebraska.

Omaha, NE

28,716 employees

www.up.com

Industrials / Railroads

Sector: Industrials
Industry: Railroads
CEO: Vincenzo James Vena

View full financials

UNP Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.51

DEBT TO EQUITY RATIO AVG TTM

1.77

DEBT TO EQUITY RATIO AVG 3Y

1.98

DEBT TO EQUITY RATIO AVG 5Y

2.25

DEBT TO EQUITY RATIO AVG 10Y

1.74

DEBT TO EQUITY RATIO AVG 15Y

1.35

DEBT TO EQUITY RATIO AVG 20Y

1.14

CURRENT VS TTM AVG

-14.72%

CURRENT VS 3Y AVG

-23.81%

CURRENT VS 5Y AVG

-32.86%

CURRENT VS 10Y AVG

-13.50%

CURRENT VS 15Y AVG

+12.07%

CURRENT VS 20Y AVG

+31.83%

SECTOR MEDIAN · INDUSTRIALS

0.59

median of 149 covered companies

CURRENT VS SECTOR MEDIAN

+155.54%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Union Pacific Corporation (UNP)	$169.35B	1.51	1.77	1.98	2.25
ABB Ltd (ABBNY)vs ›	$173.54B	0.56	0.55	0.61	0.55
The Boeing Company (BA)vs ›	$163.23B	7.52	9.98	9.98	9.98
Rolls-Royce Holdings plc (RYCEY)vs ›	$161.00B	1.53	1.57	1.57	1.57
Eaton Corporation plc (ETN)vs ›	$158.68B	1.05	0.55	0.54	0.54
Deere & Company (DE)vs ›	$182.13B	2.29	2.46	2.75	2.69
Safran S.A. (SAFRY)vs ›	$154.49B	0.35	0.43	0.53	0.54
Schneider Electric S.E. (SBGSY)vs ›	$187.97B	0.78	0.64	0.56	0.54
Siemens Energy AG (SMEGF)vs ›	$140.68B	0.28	0.40	0.39	0.32
Lockheed Martin Corporation (LMT)vs ›	$121.75B	2.34	3.21	2.67	2.29

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Union Pacific Corporation (UNP)

$169.35B

1.51

1.77

1.98

2.25

ABB Ltd (ABBNY)vs ›

$173.54B

0.56

0.55

0.61

0.55

The Boeing Company (BA)vs ›

$163.23B

7.52

9.98

Rolls-Royce Holdings plc (RYCEY)vs ›

$161.00B

1.53

1.57

Eaton Corporation plc (ETN)vs ›

$158.68B

1.05

0.55

0.54

Deere & Company (DE)vs ›

$182.13B

2.29

2.46

2.75

2.69

Safran S.A. (SAFRY)vs ›

$154.49B

0.35

0.43

0.53

0.54

Schneider Electric S.E. (SBGSY)vs ›

$187.97B

0.78

0.64

0.56

0.54

Siemens Energy AG (SMEGF)vs ›

$140.68B

0.28

0.40

0.39

0.32

Lockheed Martin Corporation (LMT)vs ›

$121.75B

2.34

3.21

2.67

2.29

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Union Pacific Corporation (UNP)?

The debt to equity ratio for UNP stock is 1.51.

Is Union Pacific Corporation's debt to equity ratio high or low?

The debt to equity ratio of 1.51 is 33% below its 5-year average of 2.25, near the low end of its 5-year range (1.51–2.98).

What is the TTM average debt to equity ratio for Union Pacific Corporation (UNP)?

The TTM average debt to equity ratio for UNP stock is 1.77.

What is the 3Y average debt to equity ratio for Union Pacific Corporation (UNP)?

The 3Y average debt to equity ratio for UNP stock is 1.98.

What is the 5Y average debt to equity ratio for Union Pacific Corporation (UNP)?

The 5Y average debt to equity ratio for UNP stock is 2.25.

What is the 10Y average debt to equity ratio for Union Pacific Corporation (UNP)?

The 10Y average debt to equity ratio for UNP stock is 1.74.

What is the 15Y average debt to equity ratio for Union Pacific Corporation (UNP)?

The 15Y average debt to equity ratio for UNP stock is 1.35.

What is the 20Y average debt to equity ratio for Union Pacific Corporation (UNP)?

The 20Y average debt to equity ratio for UNP stock is 1.14.

DATE	DEBT TO EQUITY RATIO
2026-06-30	1.51
2026-03-31	1.62
2025-12-31	1.72
2025-09-30	1.90
2025-06-30	2.09
2025-03-31	2.11
2024-12-31	1.92
2024-09-30	1.97
2024-06-30	2.01
2024-03-31	2.12
2023-12-31	2.31
2023-09-30	2.46
2023-06-30	2.64
2023-03-31	2.84
2022-12-31	2.87
2022-09-30	2.98
2022-06-30	2.64
2022-03-31	2.84
2021-12-31	2.22
2021-09-30	2.22
2021-06-30	2.12
2021-03-31	1.73
2020-12-31	1.67
2020-09-30	1.72
2020-06-30	1.83
2020-03-31	1.85
2019-12-31	1.49
2019-09-30	1.53
2019-06-30	1.50
2019-03-31	1.53
2018-12-31	1.10
2018-09-30	1.09
2018-06-30	1.15
2018-03-31	0.72
2017-12-31	0.68
2017-09-30	0.88
2017-06-30	0.80
2017-03-31	0.76
2016-12-31	0.75
2016-09-30	0.77
2016-06-30	0.74
2016-03-31	0.74
2015-12-31	0.69
2015-09-30	0.65
2015-06-30	0.64
2015-03-31	0.58
2014-12-31	0.54
2014-09-30	0.53
2014-06-30	0.51
2014-03-31	0.48
2013-12-31	0.45
2013-09-30	0.46
2013-06-30	0.48
2013-03-31	0.49
2012-12-31	0.45
2012-09-30	0.49
2012-06-30	0.49
2012-03-31	0.47
2011-12-31	0.48
2011-09-30	0.51
2011-06-30	0.49
2011-03-31	0.51
2010-12-31	0.52
2010-09-30	0.56
2010-06-30	0.54
2010-03-31	0.56
2009-12-31	0.59
2009-09-30	0.60
2009-06-30	0.62
2009-03-31	0.59
2008-12-31	0.58
2008-09-30	0.54
2008-06-30	0.53
2008-03-31	0.52
2007-12-31	0.49
2007-09-30	0.51
2007-06-30	0.47
2007-03-31	0.44
2006-12-31	0.44
2006-09-30	0.48
2006-06-30	0.49
2006-03-31	0.51
2005-12-31	0.54
2005-09-30	0.56
2005-06-30	0.59
2005-03-31	0.63
2004-12-31	0.64
2004-09-30	0.64
2004-06-30	0.65
2004-03-31	0.64
2003-12-31	0.65
2003-09-30	0.71
2003-06-30	0.73
2003-03-31	0.71
2002-12-31	0.72
2002-09-30	0.75

DATE

DEBT TO EQUITY RATIO

2026-06-30

1.51

2026-03-31

1.62

2025-12-31

1.72

2025-09-30

1.90

2025-06-30

2.09

2025-03-31

2.11

2024-12-31

1.92

2024-09-30

1.97

2024-06-30

2.01

2024-03-31

2.12

2023-12-31

2.31

2023-09-30

2.46

2023-06-30

2.64

2023-03-31

2.84

2022-12-31

2.87

2022-09-30

2.98

2022-06-30

2.64

2022-03-31

2.84

2021-12-31

2.22

2021-09-30

2.22

2021-06-30

2.12

2021-03-31

1.73

2020-12-31

1.67

2020-09-30

1.72

2020-06-30

1.83

2020-03-31

1.85

2019-12-31

1.49

2019-09-30

1.53

2019-06-30

1.50

2019-03-31

1.53

2018-12-31

1.10

2018-09-30

1.09

2018-06-30

1.15

2018-03-31

0.72

2017-12-31

0.68

2017-09-30

0.88

2017-06-30

0.80

2017-03-31

0.76

2016-12-31

0.75

2016-09-30

0.77

2016-06-30

0.74

2016-03-31

0.74

2015-12-31

0.69

2015-09-30

0.65

2015-06-30

0.64

2015-03-31

0.58

2014-12-31

0.54

2014-09-30

0.53

2014-06-30

0.51

2014-03-31

0.48

2013-12-31

0.45

2013-09-30

0.46

2013-06-30

0.48

2013-03-31

0.49

2012-12-31

0.45

2012-09-30

0.49

2012-06-30

0.49

2012-03-31

0.47

2011-12-31

0.48

2011-09-30

0.51

2011-06-30

0.49

2011-03-31

0.51

2010-12-31

0.52

2010-09-30

0.56

2010-06-30

0.54

2010-03-31

0.56

2009-12-31

0.59

2009-09-30

0.60

2009-06-30

0.62

2009-03-31

0.59

2008-12-31

0.58

2008-09-30

0.54

2008-06-30

0.53

2008-03-31

0.52

2007-12-31

0.49

2007-09-30

0.51

2007-06-30

0.47

2007-03-31

0.44

2006-12-31

0.44

2006-09-30

0.48

2006-06-30

0.49

2006-03-31

0.51

2005-12-31

0.54

2005-09-30

0.56

2005-06-30

0.59

2005-03-31

0.63

2004-12-31

0.64

2004-09-30

0.64

2004-06-30

0.65

2004-03-31

0.64

2003-12-31

0.65

2003-09-30

0.71

2003-06-30

0.73

2003-03-31

0.71

2002-12-31

0.72

2002-09-30

0.75

Debt to Equity Ratio: 1.51

UNP Debt to Equity Ratio

UNP Average Debt to Equity Ratio Chart

UNP Current vs Average Debt to Equity Ratio Chart

UNP Debt to Equity Ratio Metrics

UNP Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

UNP Debt to Equity Ratio History

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