UNP Q4 2016 Earnings Report — Union Pacific Corporation Revenue & Financial Results | Market Cap Arena

Union Pacific CorporationUNP

Q4 2016 Earnings

Reported February 3, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2016	Q3 2016	Q4 2015	QoQ Change	YoY Change
Revenue	$5.2B	$5.2B	—	-0.1%	—
Op. Income	$2.0B	$2.0B	—	0.3%	—
Gross Margin	42.5%	43.1%	—	-0.6pp	—
Net Margin	22.1%	21.9%	—	0.3pp	—
EPS (Diluted)	$1.39	$1.36	—	2.2%	—
Free Cash Flow	$1.2B	$928M	—	24.7%	—

Revenue Flow

Item	Amount
REVENUE	$5.2B
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	$40M
Operating Expenses	$233M
Cost & Expenses	$3.2B
OPERATING INCOME	$2.0B
Interest Income	$3M
Interest Expense	$174M
Other Income/Expenses	-$134M
INCOME BEFORE TAX	$1.8B
Income Tax Expense	$687M
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	$2.0B
EBITDA	$2.5B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.2B
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	$40M
Operating Expenses	$233M
Cost & Expenses	$3.2B
OPERATING INCOME	$2.0B
Interest Income	$3M
Interest Expense	$174M
Other Income/Expenses	-$134M
INCOME BEFORE TAX	$1.8B
Income Tax Expense	$687M
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	$2.0B
EBITDA	$2.5B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$520M
Stock-Based Compensation	$21M
Deferred Income Tax	$312M
Other Non-Cash Items	-$51M
Change in Working Capital	$136M
OPERATING CASH FLOW	$2.1B
Capital Expenditure	-$901M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$270M
Other Investing Activities	$57M
NET CASH FROM INVESTING	-$574M
Net Debt Issuance	-$623M
Common Stock Repurchased	-$1.0B
Common Dividends Paid	-$497M
Other Financing Activities	$9M
NET CASH FROM FINANCING	-$2.1B
FREE CASH FLOW	$1.2B
Net Change in Cash	-$632M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.3B
Short-Term Investments	$60M
Net Receivables	$1.3B
Inventory	$717M
Other Current Assets	$284M
TOTAL CURRENT ASSETS	$3.6B
PP&E (Net)	$49.8B
Goodwill	$0
Intangible Assets	$562M
Long-Term Investments	$1.5B
Tax Assets	$0
Other Non-Current Assets	$276M
TOTAL NON-CURRENT ASSETS	$52.1B
TOTAL ASSETS	$55.7B
Account Payables	$955M
Short-Term Debt	$758M
Deferred Revenue	$0
Other Current Liabilities	$570M
TOTAL CURRENT LIABILITIES	$3.6B
Long-Term Debt	$14.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$16.0B
Other Non-Current Liabilities	$1.9B
TOTAL NON-CURRENT LIABILITIES	$32.1B
TOTAL LIABILITIES	$35.8B
Common Stock	$2.8B
Additional Paid-In Capital	$4.4B
Retained Earnings	$32.6B
Treasury Stock	-$18.6B
Accum. Other Comp. Income	-$1.3B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$19.9B
Minority Interest	$0
TOTAL EQUITY	$19.9B
TOTAL LIABILITIES & EQUITY	$55.7B
Total Debt	$15.0B
Net Debt	$13.7B