Union Pacific Corporation UNP NYSE

Union Pacific Corporation (UNP) generated $9.29B in operating cash flow for fiscal year 2025. After capital expenditures of $3.79B, free cash flow was $5.5B.

Free cash flow margin was 22.4% of revenue. Cash conversion ratio was 1.3x, indicating earnings are backed by cash.

The company returned $3.24B in dividends and $2.68B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (17/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (90/100, Pass) — $5.5B (22.4% FCF margin) supports a durable competitive advantage
• INCOME (85/100) — Cash conversion ratio was 1.3x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 61/100 with 4/7 criteria passed.