UNP FY 2013 Earnings Report — Union Pacific Corporation Revenue & Financial Results | Market Cap Arena

Union Pacific CorporationUNP

FY 2013 Earnings

Reported February 7, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$22.0B	—	$20.9B	—	5.0%
Op. Income	$7.4B	—	$6.7B	—	10.4%
Gross Margin	37.8%	—	36.0%	—	1.8pp
Net Margin	20.0%	—	18.8%	—	1.1pp
EPS (Diluted)	$4.71	—	$4.14	—	13.8%
Free Cash Flow	$3.3B	—	$2.4B	—	37.3%

Revenue Flow

Item	Amount
REVENUE	$22.0B
Cost of Revenue	$13.7B
GROSS PROFIT	$8.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$128M
Operating Expenses	$849M
Cost & Expenses	$14.5B
OPERATING INCOME	$7.4B
Interest Income	$4M
Interest Expense	$526M
Other Income/Expenses	-$398M
INCOME BEFORE TAX	$7.0B
Income Tax Expense	$2.7B
Net Income from Continuing Ops	$4.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.4B
D&A	$1.8B
EBIT	$7.6B
EBITDA	$9.2B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$22.0B
Cost of Revenue	$13.7B
GROSS PROFIT	$8.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$128M
Operating Expenses	$849M
Cost & Expenses	$14.5B
OPERATING INCOME	$7.4B
Interest Income	$4M
Interest Expense	$526M
Other Income/Expenses	-$398M
INCOME BEFORE TAX	$7.0B
Income Tax Expense	$2.7B
Net Income from Continuing Ops	$4.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.4B
D&A	$1.8B
EBIT	$7.6B
EBITDA	$9.2B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$4.4B
Depreciation & Amortization	$1.8B
Stock-Based Compensation	$98M
Deferred Income Tax	$723M
Other Non-Cash Items	-$65M
Change in Working Capital	$161M
OPERATING CASH FLOW	$6.8B
Capital Expenditure	-$3.5B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$91M
NET CASH FROM INVESTING	-$3.4B
Net Debt Issuance	$514M
Common Stock Repurchased	-$2.2B
Common Dividends Paid	-$1.3B
Other Financing Activities	-$12M
NET CASH FROM FINANCING	-$3.0B
FREE CASH FLOW	$3.3B
Net Change in Cash	$369M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.4B
Short-Term Investments	$0
Net Receivables	$1.4B
Inventory	$653M
Other Current Assets	$491M
TOTAL CURRENT ASSETS	$4.0B
PP&E (Net)	$43.3B
Goodwill	$0
Intangible Assets	$425M
Long-Term Investments	$1.3B
Tax Assets	$0
Other Non-Current Assets	$671M
TOTAL NON-CURRENT ASSETS	$45.7B
TOTAL ASSETS	$49.7B
Account Payables	$803M
Short-Term Debt	$705M
Deferred Revenue	$0
Other Current Liabilities	$579M
TOTAL CURRENT LIABILITIES	$3.8B
Long-Term Debt	$8.9B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$14.2B
Other Non-Current Liabilities	$1.7B
TOTAL NON-CURRENT LIABILITIES	$24.7B
TOTAL LIABILITIES	$28.5B
Common Stock	$1.4B
Additional Paid-In Capital	$4.2B
Retained Earnings	$25.3B
Treasury Stock	-$8.9B
Accum. Other Comp. Income	-$750M
Other Equity	$1.4B
TOTAL STOCKHOLDERS' EQUITY	$21.2B
Minority Interest	$0
TOTAL EQUITY	$21.2B
TOTAL LIABILITIES & EQUITY	$49.7B
Total Debt	$9.6B
Net Debt	$8.1B