UNP Q2 2017 Earnings Report — Union Pacific Corporation Revenue & Financial Results | Market Cap Arena

Union Pacific CorporationUNP

Q2 2017 Earnings

Reported July 20, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2017	Q1 2017	Q2 2016	QoQ Change	YoY Change
Revenue	$5.3B	$5.1B	$4.8B	2.3%	10.1%
Op. Income	$2.0B	$1.8B	$1.7B	11.8%	20.8%
Gross Margin	42.4%	40.0%	39.9%	2.4pp	2.4pp
Net Margin	22.2%	20.9%	20.5%	1.4pp	1.7pp
EPS (Diluted)	$1.45	$1.32	$1.17	9.8%	23.9%
Free Cash Flow	$798M	$1.1B	$449M	-25.6%	77.7%

Revenue Flow

Item	Amount
REVENUE	$5.3B
Cost of Revenue	$3.0B
GROSS PROFIT	$2.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$219M
Operating Expenses	$219M
Cost & Expenses	$3.2B
OPERATING INCOME	$2.0B
Interest Income	$4M
Interest Expense	$179M
Other Income/Expenses	-$129M
INCOME BEFORE TAX	$1.9B
Income Tax Expense	$701M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$525M
EBIT	$2.0B
EBITDA	$2.5B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.3B
Cost of Revenue	$3.0B
GROSS PROFIT	$2.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$219M
Operating Expenses	$219M
Cost & Expenses	$3.2B
OPERATING INCOME	$2.0B
Interest Income	$4M
Interest Expense	$179M
Other Income/Expenses	-$129M
INCOME BEFORE TAX	$1.9B
Income Tax Expense	$701M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$525M
EBIT	$2.0B
EBITDA	$2.5B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.2B
Depreciation & Amortization	$525M
Stock-Based Compensation	$27M
Deferred Income Tax	$153M
Other Non-Cash Items	$25M
Change in Working Capital	-$295M
OPERATING CASH FLOW	$1.6B
Capital Expenditure	-$778M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$57M
NET CASH FROM INVESTING	-$721M
Net Debt Issuance	$726M
Common Stock Repurchased	-$852M
Common Dividends Paid	-$488M
Other Financing Activities	-$4M
NET CASH FROM FINANCING	-$618M
FREE CASH FLOW	$798M
Net Change in Cash	$237M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.3B
Short-Term Investments	$90M
Net Receivables	$1.4B
Inventory	$726M
Other Current Assets	$410M
TOTAL CURRENT ASSETS	$3.9B
PP&E (Net)	$50.2B
Goodwill	$0
Intangible Assets	$592M
Long-Term Investments	$1.5B
Tax Assets	$0
Other Non-Current Assets	$291M
TOTAL NON-CURRENT ASSETS	$52.6B
TOTAL ASSETS	$56.5B
Account Payables	$828M
Short-Term Debt	$531M
Deferred Revenue	$0
Other Current Liabilities	$626M
TOTAL CURRENT LIABILITIES	$3.4B
Long-Term Debt	$15.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$16.3B
Other Non-Current Liabilities	$1.9B
TOTAL NON-CURRENT LIABILITIES	$33.5B
TOTAL LIABILITIES	$36.9B
Common Stock	$2.8B
Additional Paid-In Capital	$4.4B
Retained Earnings	$33.8B
Treasury Stock	-$20.2B
Accum. Other Comp. Income	-$1.2B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$19.6B
Minority Interest	$0
TOTAL EQUITY	$19.6B
TOTAL LIABILITIES & EQUITY	$56.5B
Total Debt	$15.8B
Net Debt	$14.5B