UNP FY 2009 Earnings Report — Union Pacific Corporation Revenue & Financial Results | Market Cap Arena

Union Pacific CorporationUNP

FY 2009 Earnings

Reported February 5, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$14.1B	—	$18.0B	—	-21.3%
Op. Income	$3.4B	—	$4.1B	—	-17.1%
Gross Margin	84.3%	—	59.9%	—	24.4pp
Net Margin	13.4%	—	13.0%	—	0.4pp
EPS (Diluted)	$1.87	—	$2.27	—	-17.6%
Free Cash Flow	$3.1B	—	$902M	—	244.1%

Revenue Flow

Item	Amount
REVENUE	$14.1B
Cost of Revenue	$2.2B
GROSS PROFIT	$11.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$4.1B
SG&A Expenses	$4.1B
Other Expenses	$73M
Operating Expenses	$6.2B
Cost & Expenses	$8.4B
OPERATING INCOME	$3.4B
Interest Income	$5M
Interest Expense	$600M
Other Income/Expenses	-$405M
INCOME BEFORE TAX	$3.0B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$1.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.9B
D&A	$1.4B
EBIT	$3.6B
EBITDA	$4.8B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$14.1B
Cost of Revenue	$2.2B
GROSS PROFIT	$11.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$4.1B
SG&A Expenses	$4.1B
Other Expenses	$73M
Operating Expenses	$6.2B
Cost & Expenses	$8.4B
OPERATING INCOME	$3.4B
Interest Income	$5M
Interest Expense	$600M
Other Income/Expenses	-$405M
INCOME BEFORE TAX	$3.0B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$1.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.9B
D&A	$1.4B
EBIT	$3.6B
EBITDA	$4.8B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.9B
Depreciation & Amortization	$1.4B
Stock-Based Compensation	$0
Deferred Income Tax	$718M
Other Non-Cash Items	-$376M
Change in Working Capital	-$293M
OPERATING CASH FLOW	$3.2B
Capital Expenditure	-$100M
Acquisitions (Net)	$0
Purchases of Investments	-$2.4B
Sales/Maturities of Investments	$0
Other Investing Activities	$309M
NET CASH FROM INVESTING	-$2.1B
Net Debt Issuance	-$28M
Common Stock Repurchased	$0
Common Dividends Paid	-$544M
Other Financing Activities	$114M
NET CASH FROM FINANCING	-$458M
FREE CASH FLOW	$3.1B
Net Change in Cash	$601M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.9B
Short-Term Investments	$0
Net Receivables	$666M
Inventory	$475M
Other Current Assets	$689M
TOTAL CURRENT ASSETS	$3.7B
PP&E (Net)	$37.2B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$1.0B
Tax Assets	$0
Other Non-Current Assets	$266M
TOTAL NON-CURRENT ASSETS	$38.5B
TOTAL ASSETS	$42.2B
Account Payables	$612M
Short-Term Debt	$212M
Deferred Revenue	$0
Other Current Liabilities	$480M
TOTAL CURRENT LIABILITIES	$2.7B
Long-Term Debt	$9.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$11.0B
Other Non-Current Liabilities	$2.0B
TOTAL NON-CURRENT LIABILITIES	$22.7B
TOTAL LIABILITIES	$25.4B
Common Stock	$1.4B
Additional Paid-In Capital	$4.0B
Retained Earnings	$15.0B
Treasury Stock	-$2.9B
Accum. Other Comp. Income	-$654M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$16.8B
Minority Interest	$0
TOTAL EQUITY	$16.8B
TOTAL LIABILITIES & EQUITY	$42.2B
Total Debt	$9.8B
Net Debt	$8.0B