How much money did the Union Pacific Railroad make?

How much money did the Union Pacific Railroad make?

2019 Full Year Summary For the full year 2019, Union Pacific reported net income of $5.9 billion or $8.38 per diluted share, which represents a 1 percent decrease and 6 percent increase, respectively, when compared to 2018. Operating revenue totaled $21.7 billion compared to $22.8 billion in 2018.

How much money is Union Pacific Railroad worth?

Finances. For the fiscal year 2017, Union Pacific reported earnings of US$3.388 billion, with an annual revenue of US$244.582 billion, an increase of 6.5% over the previous fiscal cycle. Union Pacific’s shares traded at over $31 per share, and its market capitalization was valued at US$105.2 billion in October 2018.

How much debt does Union Pacific have?

As you can see below, Union Pacific had US$28.4b of debt, at June 2021, which is about the same as the year before. You can click the chart for greater detail. However, because it has a cash reserve of US$1.16b, its net debt is less, at about US$27.2b.

Is Union Pacific profitable?

(AP) — Union Pacific’s second-quarter profit jumped 59% as the railroad hauled 22% more cargo than a year ago when shipments fell to the lowest levels of the coronavirus pandemic. The Omaha, Nebraska-based railroad said Thursday that it earned $1.8 billion, or $2.72 per share, during the quarter.

Is Union Pacific in debt?

What Is Union Pacific’s Net Debt? As you can see below, at the end of December 2020, Union Pacific had US$26.3b of debt, up from US$24.6b a year ago. Click the image for more detail. However, it does have US$1.86b in cash offsetting this, leading to net debt of about US$24.4b.

How much did Union Pacific make in 2020?

2020 Full Year Summary. For the full year 2020, Union Pacific reported net income of $5.3 billion or $7.88 per diluted share. Excluding the effects of the $278 million pre-tax, non-cash impairment charge, adjusted full year net income was $5.6 billion, or $8.19 per diluted share.

What is current Union Pacific revenue?

According to Union Pacific Corporation ‘s latest financial reports the company’s current revenue (TTM) is $18.25 B . In 2019 the company made a revenue of $20.24 B a decrease over the years 2018 revenue that were of $21.38 B .The revenue is the total amount of income that a company generates by the sale of goods or services.

Is the Union Pacific making money?

Union Pacific’s revenues have grown 2.2% from $21.2 billion in 2017 to $21.7 billion in 2019, primarily driven by its Premium Freight segment, which includes Automotive Freight and Intermodal. Union Pacific, in line with other railroad companies, has been focused on reducing its operating ratio over the recent years.

When was Union Pacific Railway created?

Government Action. Union Pacific was created in 1862, during the presidency of Abraham Lincoln. That year, Congress passed the Pacific Railroad Act, establishing UP and tasked it with building a rail line westward from Omaha, Nebraska.

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