UNP FY 2011 Earnings Report — Union Pacific Corporation Revenue & Financial Results | Market Cap Arena

Union Pacific CorporationUNP

FY 2011 Earnings

Reported February 3, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$19.6B	—	$17.0B	—	15.3%
Op. Income	$5.7B	—	$5.0B	—	14.9%
Gross Margin	65.5%	—	81.3%	—	-15.8pp
Net Margin	16.8%	—	16.4%	—	0.4pp
EPS (Diluted)	$3.36	—	$2.76	—	21.7%
Free Cash Flow	$2.6B	—	$1.6B	—	60.9%

Revenue Flow

Item	Amount
REVENUE	$19.6B
Cost of Revenue	$6.8B
GROSS PROFIT	$12.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$4.7B
SG&A Expenses	$4.7B
Other Expenses	$2.4B
Operating Expenses	$7.1B
Cost & Expenses	$13.8B
OPERATING INCOME	$5.7B
Interest Income	$3M
Interest Expense	$572M
Other Income/Expenses	-$460M
INCOME BEFORE TAX	$5.3B
Income Tax Expense	$2.0B
Net Income from Continuing Ops	$3.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.3B
D&A	$1.6B
EBIT	$5.8B
EBITDA	$7.5B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$19.6B
Cost of Revenue	$6.8B
GROSS PROFIT	$12.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$4.7B
SG&A Expenses	$4.7B
Other Expenses	$2.4B
Operating Expenses	$7.1B
Cost & Expenses	$13.8B
OPERATING INCOME	$5.7B
Interest Income	$3M
Interest Expense	$572M
Other Income/Expenses	-$460M
INCOME BEFORE TAX	$5.3B
Income Tax Expense	$2.0B
Net Income from Continuing Ops	$3.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.3B
D&A	$1.6B
EBIT	$5.8B
EBITDA	$7.5B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$3.3B
Depreciation & Amortization	$1.6B
Stock-Based Compensation	$0
Deferred Income Tax	$1.0B
Other Non-Cash Items	$3.3B
Change in Working Capital	$276M
OPERATING CASH FLOW	$5.9B
Capital Expenditure	-$3.3B
Acquisitions (Net)	$0
Purchases of Investments	-$3.2B
Sales/Maturities of Investments	$0
Other Investing Activities	$3.3B
NET CASH FROM INVESTING	-$3.1B
Net Debt Issuance	-$476M
Common Stock Repurchased	-$1.4B
Common Dividends Paid	-$837M
Other Financing Activities	$108M
NET CASH FROM FINANCING	-$2.6B
FREE CASH FLOW	$2.6B
Net Change in Cash	$131M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.2B
Short-Term Investments	$0
Net Receivables	$1.4B
Inventory	$614M
Other Current Assets	$495M
TOTAL CURRENT ASSETS	$3.7B
PP&E (Net)	$39.6B
Goodwill	$0
Intangible Assets	$351M
Long-Term Investments	$1.2B
Tax Assets	$0
Other Non-Current Assets	$260M
TOTAL NON-CURRENT ASSETS	$41.4B
TOTAL ASSETS	$45.1B
Account Payables	$819M
Short-Term Debt	$209M
Deferred Revenue	$0
Other Current Liabilities	$624M
TOTAL CURRENT LIABILITIES	$3.3B
Long-Term Debt	$8.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$12.4B
Other Non-Current Liabilities	$2.1B
TOTAL NON-CURRENT LIABILITIES	$23.2B
TOTAL LIABILITIES	$26.5B
Common Stock	$1.4B
Additional Paid-In Capital	$4.0B
Retained Earnings	$19.5B
Treasury Stock	-$5.3B
Accum. Other Comp. Income	-$1.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$18.6B
Minority Interest	$0
TOTAL EQUITY	$18.6B
TOTAL LIABILITIES & EQUITY	$45.1B
Total Debt	$8.9B
Net Debt	$7.7B