UNP Q2 2016 Earnings Report — Union Pacific Corporation Revenue & Financial Results | Market Cap Arena

Union Pacific CorporationUNP

Q2 2016 Earnings

Reported July 21, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2016	Q1 2016	Q2 2015	QoQ Change	YoY Change
Revenue	$4.8B	$4.8B	—	-1.2%	—
Op. Income	$1.7B	$1.7B	—	-1.6%	—
Gross Margin	39.9%	40.1%	—	-0.2pp	—
Net Margin	20.5%	20.3%	—	0.3pp	—
EPS (Diluted)	$1.17	$1.16	—	0.9%	—
Free Cash Flow	$449M	$1.5B	—	-69.8%	—

Revenue Flow

Item	Amount
REVENUE	$4.8B
Cost of Revenue	$2.9B
GROSS PROFIT	$1.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$11M
Operating Expenses	$244M
Cost & Expenses	$3.1B
OPERATING INCOME	$1.7B
Interest Income	$3M
Interest Expense	$173M
Other Income/Expenses	-$96M
INCOME BEFORE TAX	$1.6B
Income Tax Expense	$585M
Net Income from Continuing Ops	$979M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$979M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$979M
D&A	$504M
EBIT	$1.7B
EBITDA	$2.2B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$4.8B
Cost of Revenue	$2.9B
GROSS PROFIT	$1.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$11M
Operating Expenses	$244M
Cost & Expenses	$3.1B
OPERATING INCOME	$1.7B
Interest Income	$3M
Interest Expense	$173M
Other Income/Expenses	-$96M
INCOME BEFORE TAX	$1.6B
Income Tax Expense	$585M
Net Income from Continuing Ops	$979M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$979M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$979M
D&A	$504M
EBIT	$1.7B
EBITDA	$2.2B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$979M
Depreciation & Amortization	$504M
Stock-Based Compensation	$24M
Deferred Income Tax	$180M
Other Non-Cash Items	-$53M
Change in Working Capital	-$195M
OPERATING CASH FLOW	$1.4B
Capital Expenditure	-$903M
Acquisitions (Net)	$0
Purchases of Investments	-$330M
Sales/Maturities of Investments	$0
Other Investing Activities	-$263M
NET CASH FROM INVESTING	-$1.2B
Net Debt Issuance	-$17M
Common Stock Repurchased	-$546M
Common Dividends Paid	-$460M
Other Financing Activities	-$6M
NET CASH FROM FINANCING	-$1.0B
FREE CASH FLOW	$449M
Net Change in Cash	-$843M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.8B
Short-Term Investments	$330M
Net Receivables	$1.4B
Inventory	$660M
Other Current Assets	$373M
TOTAL CURRENT ASSETS	$4.6B
PP&E (Net)	$48.9B
Goodwill	$0
Intangible Assets	$575M
Long-Term Investments	$1.4B
Tax Assets	$0
Other Non-Current Assets	$255M
TOTAL NON-CURRENT ASSETS	$51.1B
TOTAL ASSETS	$55.7B
Account Payables	$787M
Short-Term Debt	$409M
Deferred Revenue	$0
Other Current Liabilities	$551M
TOTAL CURRENT LIABILITIES	$3.1B
Long-Term Debt	$14.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$15.6B
Other Non-Current Liabilities	$17.4B
TOTAL NON-CURRENT LIABILITIES	$32.2B
TOTAL LIABILITIES	$35.3B
Common Stock	$2.8B
Additional Paid-In Capital	$4.4B
Retained Earnings	$31.3B
Treasury Stock	-$16.8B
Accum. Other Comp. Income	-$1.2B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$20.4B
Minority Interest	$0
TOTAL EQUITY	$20.4B
TOTAL LIABILITIES & EQUITY	$55.7B
Total Debt	$15.2B
Net Debt	$13.4B