UNP Q2 2018 Earnings Report — Union Pacific Corporation Revenue & Financial Results | Market Cap Arena

Union Pacific CorporationUNP

Q2 2018 Earnings

Reported July 19, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2018	Q1 2018	Q2 2017	QoQ Change	YoY Change
Revenue	$5.7B	$5.5B	$5.3B	3.6%	8.0%
Op. Income	$2.1B	$1.9B	$2.0B	8.3%	4.7%
Gross Margin	41.4%	40.3%	42.4%	1.1pp	-1.0pp
Net Margin	26.6%	23.9%	22.2%	2.7pp	4.4pp
EPS (Diluted)	$1.98	$1.68	$1.45	17.9%	36.6%
Free Cash Flow	$1.4B	$991M	$798M	44.1%	78.9%

Revenue Flow

Item	Amount
REVENUE	$5.7B
Cost of Revenue	$3.3B
GROSS PROFIT	$2.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$248M
Operating Expenses	$248M
Cost & Expenses	$3.6B
OPERATING INCOME	$2.1B
Interest Income	$5M
Interest Expense	$203M
Other Income/Expenses	-$161M
INCOME BEFORE TAX	$1.9B
Income Tax Expense	$429M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.5B
D&A	$546M
EBIT	$2.1B
EBITDA	$2.6B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$5.7B
Cost of Revenue	$3.3B
GROSS PROFIT	$2.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$248M
Operating Expenses	$248M
Cost & Expenses	$3.6B
OPERATING INCOME	$2.1B
Interest Income	$5M
Interest Expense	$203M
Other Income/Expenses	-$161M
INCOME BEFORE TAX	$1.9B
Income Tax Expense	$429M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.5B
D&A	$546M
EBIT	$2.1B
EBITDA	$2.6B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.5B
Depreciation & Amortization	$546M
Stock-Based Compensation	$26M
Deferred Income Tax	$92M
Other Non-Cash Items	-$36M
Change in Working Capital	$21M
OPERATING CASH FLOW	$2.1B
Capital Expenditure	-$704M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$706M
Net Debt Issuance	$5.2B
Common Stock Repurchased	-$5.5B
Common Dividends Paid	-$557M
Other Financing Activities	-$30M
NET CASH FROM FINANCING	-$870M
FREE CASH FLOW	$1.4B
Net Change in Cash	$556M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.6B
Short-Term Investments	$90M
Net Receivables	$1.6B
Inventory	$772M
Other Current Assets	$394M
TOTAL CURRENT ASSETS	$4.5B
PP&E (Net)	$51.3B
Goodwill	$0
Intangible Assets	$645M
Long-Term Investments	$1.9B
Tax Assets	$0
Other Non-Current Assets	$392M
TOTAL NON-CURRENT ASSETS	$54.2B
TOTAL ASSETS	$58.7B
Account Payables	$844M
Short-Term Debt	$1.5B
Deferred Revenue	$0
Other Current Liabilities	$570M
TOTAL CURRENT LIABILITIES	$4.4B
Long-Term Debt	$21.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$11.1B
Other Non-Current Liabilities	$1.9B
TOTAL NON-CURRENT LIABILITIES	$34.4B
TOTAL LIABILITIES	$38.8B
Common Stock	$2.8B
Additional Paid-In Capital	$3.8B
Retained Earnings	$43.3B
Treasury Stock	-$28.5B
Accum. Other Comp. Income	-$1.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$19.9B
Minority Interest	$0
TOTAL EQUITY	$19.9B
TOTAL LIABILITIES & EQUITY	$58.7B
Total Debt	$22.8B
Net Debt	$21.2B