Union Pacific Corporation — Earnings Quality Grade F
UNP · Industrials
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 28 days, change -1 days YoY
AR growth -1.8% vs revenue growth 1.1%
Revenue 1.1%, CFFO -0.6%. Cash follows revenue
Expense Quality
Inventory 2.3% vs COGS 0.6%. Normal
CapEx growth 9.8% vs revenue 1.1%. Normal
Insufficient data
Gross margin 45.8%, change +0.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.30. Profits backed by cash
FCF $5.5B, FCF/NI = 0.77
Accruals ratio = -3.1%. Low accruals
Cash $1.5B covers only 5% of debt $32.8B
Balance Sheet Health
Goodwill+Intangibles $0.7B = 4% of equity. Manageable
Debt/EBITDA = 2.5x. Healthy
Other assets 13.5% vs revenue 1.1%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -6% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10