UNP FY 2018 Earnings Report — Union Pacific Corporation Revenue & Financial Results | Market Cap Arena

Union Pacific CorporationUNP

FY 2018 Earnings

Reported February 8, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$22.8B	—	$21.2B	—	7.5%
Op. Income	$8.5B	—	$8.1B	—	5.7%
Gross Margin	41.8%	—	42.4%	—	-0.6pp
Net Margin	26.1%	—	50.4%	—	-24.3pp
EPS (Diluted)	$7.91	—	$13.36	—	-40.8%
Free Cash Flow	$5.2B	—	$4.0B	—	32.1%

Revenue Flow

Item	Amount
REVENUE	$22.8B
Cost of Revenue	$13.3B
GROSS PROFIT	$9.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.2B
Other Expenses	-$202M
Operating Expenses	$1.0B
Cost & Expenses	$14.3B
OPERATING INCOME	$8.5B
Interest Income	$30M
Interest Expense	$870M
Other Income/Expenses	-$776M
INCOME BEFORE TAX	$7.7B
Income Tax Expense	$1.8B
Net Income from Continuing Ops	$6.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$6.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6.0B
D&A	$2.2B
EBIT	$8.6B
EBITDA	$10.8B
EPS	$8
EPS Diluted	$8

Income Statement

Item	Amount
REVENUE	$22.8B
Cost of Revenue	$13.3B
GROSS PROFIT	$9.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.2B
Other Expenses	-$202M
Operating Expenses	$1.0B
Cost & Expenses	$14.3B
OPERATING INCOME	$8.5B
Interest Income	$30M
Interest Expense	$870M
Other Income/Expenses	-$776M
INCOME BEFORE TAX	$7.7B
Income Tax Expense	$1.8B
Net Income from Continuing Ops	$6.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$6.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6.0B
D&A	$2.2B
EBIT	$8.6B
EBITDA	$10.8B
EPS	$8
EPS Diluted	$8

Cash Flow Statement

Item	Amount
Net Income	$6.0B
Depreciation & Amortization	$2.2B
Stock-Based Compensation	$96M
Deferred Income Tax	$338M
Other Non-Cash Items	$191M
Change in Working Capital	-$126M
OPERATING CASH FLOW	$8.7B
Capital Expenditure	-$3.4B
Acquisitions (Net)	$0
Purchases of Investments	-$90M
Sales/Maturities of Investments	$90M
Other Investing Activities	$26M
NET CASH FROM INVESTING	-$3.4B
Net Debt Issuance	$5.3B
Common Stock Repurchased	-$8.2B
Common Dividends Paid	-$2.3B
Other Financing Activities	-$48M
NET CASH FROM FINANCING	-$5.2B
FREE CASH FLOW	$5.2B
Net Change in Cash	$53M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.3B
Short-Term Investments	$60M
Net Receivables	$1.8B
Inventory	$742M
Other Current Assets	$333M
TOTAL CURRENT ASSETS	$4.2B
PP&E (Net)	$52.1B
Goodwill	$0
Intangible Assets	$624M
Long-Term Investments	$1.9B
Tax Assets	$0
Other Non-Current Assets	$393M
TOTAL NON-CURRENT ASSETS	$55.0B
TOTAL ASSETS	$59.1B
Account Payables	$872M
Short-Term Debt	$1.5B
Deferred Revenue	$0
Other Current Liabilities	$575M
TOTAL CURRENT LIABILITIES	$4.6B
Long-Term Debt	$20.9B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$11.3B
Other Non-Current Liabilities	$1.9B
TOTAL NON-CURRENT LIABILITIES	$34.1B
TOTAL LIABILITIES	$38.7B
Common Stock	$2.8B
Additional Paid-In Capital	$4.4B
Retained Earnings	$45.3B
Treasury Stock	-$30.7B
Accum. Other Comp. Income	-$1.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$20.4B
Minority Interest	$0
TOTAL EQUITY	$20.4B
TOTAL LIABILITIES & EQUITY	$59.1B
Total Debt	$22.4B
Net Debt	$21.1B