UNP Q1 2017 Earnings Report — Union Pacific Corporation Revenue & Financial Results | Market Cap Arena

Union Pacific CorporationUNP

Q1 2017 Earnings

Reported April 27, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2017	Q4 2016	Q1 2016	QoQ Change	YoY Change
Revenue	$5.1B	$5.2B	$4.8B	-0.7%	6.3%
Op. Income	$1.8B	$2.0B	$1.7B	-8.8%	6.3%
Gross Margin	40.0%	42.5%	40.1%	-2.5pp	-0.1pp
Net Margin	20.9%	22.1%	20.3%	-1.2pp	0.6pp
EPS (Diluted)	$1.32	$1.39	$1.16	-5.0%	13.8%
Free Cash Flow	$1.1B	$1.2B	$1.5B	-7.3%	-27.9%

Revenue Flow

Item	Amount
REVENUE	$5.1B
Cost of Revenue	$3.1B
GROSS PROFIT	$2.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$260M
Operating Expenses	$260M
Cost & Expenses	$3.3B
OPERATING INCOME	$1.8B
Interest Income	$2M
Interest Expense	$172M
Other Income/Expenses	-$100M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$616M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$520M
EBIT	$1.8B
EBITDA	$2.3B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.1B
Cost of Revenue	$3.1B
GROSS PROFIT	$2.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$260M
Operating Expenses	$260M
Cost & Expenses	$3.3B
OPERATING INCOME	$1.8B
Interest Income	$2M
Interest Expense	$172M
Other Income/Expenses	-$100M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$616M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$520M
EBIT	$1.8B
EBITDA	$2.3B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$520M
Stock-Based Compensation	$26M
Deferred Income Tax	$145M
Other Non-Cash Items	$94M
Change in Working Capital	$52M
OPERATING CASH FLOW	$1.9B
Capital Expenditure	-$811M
Acquisitions (Net)	$811M
Purchases of Investments	-$90M
Sales/Maturities of Investments	$60M
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$843M
Net Debt Issuance	$16M
Common Stock Repurchased	-$759M
Common Dividends Paid	-$492M
Other Financing Activities	-$33M
NET CASH FROM FINANCING	-$1.3B
FREE CASH FLOW	$1.1B
Net Change in Cash	-$228M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.0B
Short-Term Investments	$90M
Net Receivables	$1.3B
Inventory	$760M
Other Current Assets	$410M
TOTAL CURRENT ASSETS	$3.6B
PP&E (Net)	$49.9B
Goodwill	$0
Intangible Assets	$605M
Long-Term Investments	$1.5B
Tax Assets	$0
Other Non-Current Assets	$282M
TOTAL NON-CURRENT ASSETS	$52.3B
TOTAL ASSETS	$55.9B
Account Payables	$789M
Short-Term Debt	$723M
Deferred Revenue	$0
Other Current Liabilities	$577M
TOTAL CURRENT LIABILITIES	$3.8B
Long-Term Debt	$14.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$16.2B
Other Non-Current Liabilities	$1.9B
TOTAL NON-CURRENT LIABILITIES	$32.3B
TOTAL LIABILITIES	$36.2B
Common Stock	$2.8B
Additional Paid-In Capital	$4.4B
Retained Earnings	$33.2B
Treasury Stock	-$19.4B
Accum. Other Comp. Income	-$1.3B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$19.7B
Minority Interest	$0
TOTAL EQUITY	$19.7B
TOTAL LIABILITIES & EQUITY	$55.9B
Total Debt	$15.0B
Net Debt	$14.0B