UNP Q3 2016 Earnings Report — Union Pacific Corporation Revenue & Financial Results | Market Cap Arena

Union Pacific CorporationUNP

Q3 2016 Earnings

Reported October 20, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2016	Q2 2016	Q3 2015	QoQ Change	YoY Change
Revenue	$5.2B	$4.8B	—	8.5%	—
Op. Income	$2.0B	$1.7B	—	18.1%	—
Gross Margin	43.1%	39.9%	—	3.2pp	—
Net Margin	21.9%	20.5%	—	1.3pp	—
EPS (Diluted)	$1.36	$1.17	—	16.2%	—
Free Cash Flow	$928M	$449M	—	106.7%	—

Revenue Flow

Item	Amount
REVENUE	$5.2B
Cost of Revenue	$2.9B
GROSS PROFIT	$2.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$23M
Operating Expenses	$271M
Cost & Expenses	$3.2B
OPERATING INCOME	$2.0B
Interest Income	$3M
Interest Expense	$184M
Other Income/Expenses	-$155M
INCOME BEFORE TAX	$1.8B
Income Tax Expense	$674M
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	$512M
EBIT	$2.0B
EBITDA	$2.5B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.2B
Cost of Revenue	$2.9B
GROSS PROFIT	$2.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$23M
Operating Expenses	$271M
Cost & Expenses	$3.2B
OPERATING INCOME	$2.0B
Interest Income	$3M
Interest Expense	$184M
Other Income/Expenses	-$155M
INCOME BEFORE TAX	$1.8B
Income Tax Expense	$674M
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	$512M
EBIT	$2.0B
EBITDA	$2.5B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$512M
Stock-Based Compensation	$20M
Deferred Income Tax	$170M
Other Non-Cash Items	-$75M
Change in Working Capital	$207M
OPERATING CASH FLOW	$1.9B
Capital Expenditure	-$1.0B
Acquisitions (Net)	$0
Purchases of Investments	-$250M
Sales/Maturities of Investments	$250M
Other Investing Activities	$283M
NET CASH FROM INVESTING	-$981M
Net Debt Issuance	$423M
Common Stock Repurchased	-$848M
Common Dividends Paid	-$457M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$882M
FREE CASH FLOW	$928M
Net Change in Cash	$79M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.9B
Short-Term Investments	$330M
Net Receivables	$1.4B
Inventory	$690M
Other Current Assets	$322M
TOTAL CURRENT ASSETS	$4.6B
PP&E (Net)	$49.4B
Goodwill	$0
Intangible Assets	$563M
Long-Term Investments	$1.4B
Tax Assets	$0
Other Non-Current Assets	$318M
TOTAL NON-CURRENT ASSETS	$51.7B
TOTAL ASSETS	$56.3B
Account Payables	$819M
Short-Term Debt	$407M
Deferred Revenue	$0
Other Current Liabilities	$592M
TOTAL CURRENT LIABILITIES	$3.3B
Long-Term Debt	$15.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$15.8B
Other Non-Current Liabilities	$1.8B
TOTAL NON-CURRENT LIABILITIES	$32.8B
TOTAL LIABILITIES	$36.0B
Common Stock	$2.8B
Additional Paid-In Capital	$4.4B
Retained Earnings	$31.9B
Treasury Stock	-$17.7B
Accum. Other Comp. Income	-$1.2B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$20.3B
Minority Interest	$0
TOTAL EQUITY	$20.3B
TOTAL LIABILITIES & EQUITY	$56.3B
Total Debt	$15.6B
Net Debt	$13.7B