UNP Union Pacific Corporation Common Stock
NYSE · Road & Rail · View on SEC EDGAR ↗ 10-K/10-Q Oct 22, 2026UNP Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
UNP Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
| Ex-date | Split | Type |
|---|---|---|
| June 9, 2014 | 2-for-1 | Forward |
| May 29, 2008 | 2-for-1 | Forward |
| Oct. 16, 1996 | 1279-for-860 | Forward |
| Oct. 2, 1991 | 2-for-1 | Forward |
| May 12, 1980 | 2-for-1 | Forward |
About Union Pacific Corporation Common Stock Company overview from Wikipedia
The Union Pacific Corporation is an American publicly traded railroad holding company serving as the holding company for the Union Pacific Railroad.
Incorporated in 1969 in Utah, it is headquartered in Omaha, Nebraska along with its Union Pacific Railroad subsidiary. Along with BNSF Railway, owned by Berkshire Hathaway, the companies have a near-duopoly on freight railroad transportation west of the Mississippi River.
Notable companies acquired by Union Pacific and merged into Union Pacific Railroad include Missouri Pacific Railroad which included the Missouri–Kansas–Texas Railroad, the Chicago and North Western Transportation Company, the Western Pacific Railroad, the Denver and Rio Grande Western Railroad, the St. Louis Southwestern Railway, the SPCSL Corporation, and the Southern Pacific Transportation Company.
Union Pacific has announced plans to acquire the Norfolk Southern in a deal worth $85 billion. If approved by regulators, it would create the first transcontinental railroad network in the United States.
History
Pre-history
On July 1, 1862, after the passage of the Pacific Railway Acts, an entity called Union Pacific Railroad was incorporated. The act was approved by President Abraham Lincoln, and it provided for the construction of railroads from the Missouri River to the Pacific as a war measure for the preservation of the Union. The railroad was constructed westward from Council Bluffs, Iowa to meet the Central Pacific Railroad line, which was constructed eastward from San Francisco Bay. The railroads were united with the "Golden spike" in May 1869. The combined Union Pacific-Central Pacific line became known as the First transcontinental railroad and the train route that operated on it was called the Overland Route.
Union Pacific was entangled in the Crédit Mobilier scandal, a fraud involving the company, which hurriedly constructed the railroad, and Crédit Mobilier of America, which was formed to finance the construction, from 1864 to 1867 and exposed in 1872. The company was significantly overbilled, with executives and financiers, led by Thomas C. Durant, Oakes Ames, and Oliver Ames, embezzling large sums of money. The company faced financial difficulty during the Panic of 1873.
In the 1870s, under the ownership of Jay Gould, the company expanded its rail network noticeably. On January 24, 1880, Union Pacific Railroad was consolidated with Kansas Pacific Railway and Denver Pacific Railway under a new holding company called Union Pacific Railway. Jay Gould controlled all three railroads but, after leveraging the company and paying large dividends, Gould sold a large stake that year.
The Union Pacific Railway declared bankruptcy during the Panic of 1893, in part due to losses from the fraud and new competition, and went into government receivership. In 1898, under a bankruptcy plan sponsored by Kuhn, Loeb & Co., it emerged from the receivership under a new similarly named entity controlled by E. H. Harriman. In 1901, the company acquired a 46% interest in Southern Pacific Railroad; however, the government forced the company to sell the stake in 1913 due to antitrust concerns.
20th century
The Union Pacific Corporation was established in 1969 with its incorporation in Utah as a holding company for the Union Pacific Railroad and other subsidiaries. In 1982, Union Pacific Corporation acquired Missouri Pacific Railroad, which included the Missouri–Kansas–Texas Railroad, and the Western Pacific Railroad. The Missouri Pacific Railroad continued operations until January 1, 1997 when it was legally merged into Union Pacific Railroad.
In 1986, the company acquired Overnite Transportation Company (now TForce Freight) for $1.2 billion. At the time, it was the fifth largest trucking company in the United States and represented the expansion of Union Pacific east of the Mississippi River. It also created the first transcontinental transportation system in the United States. However, the companies did not integrate well, exacerbated by issues with labor unions. In 2001, the division acquired Motor Cargo Industries for $580 million. In 2003, Union Pacific completed a corporate spin-off and initial public offering of Overnite. In 2005, the company was acquired by United Parcel Service for $1.3 billion.
Union Pacific completed the corporate spin-off of Union Pacific Resources, its hydrocarbon exploration subsidiary, in 1996. Anadarko Petroleum acquired Union Pacific Resources in 2000 for $4.4 billion in stock. In June 1995, the company acquired the 70% of Chicago and North Western Transportation Company that it did not already own for $1.1 billion. In 1996, Union Pacific Corporation acquired the Southern Pacific Rail Corporation, which included the Southern Pacific Transportation Company, the Denver and Rio Grande Western Railroad, the St. Louis Southwestern Railway and the SPCSL Corporation, for $5.4 billion. It was led by Philip Anschutz. In 1997, the company sold 220 miles of track in northern Wisconsin and Michigan to Wisconsin Central Ltd. for $85 million.
21st century
In 2000, due to a slowdown in business activity during the early 2000s recession, the company cut 2,000 jobs. In 2005, James R. Young was named CEO of the company. In 2015, Union Pacific Corporation legally merged the Southern Pacific Rail Corporation into Union Pacific Railroad.
In March 2024 Union Pacific layoffs caused concern at the Federal Railroad Administration to the extent that the FRA, in a letter to UP's CEO, said "safety of railroad operations is paramount ... decisions that comprise that fundamental ... are unacceptable. You must ensure that highly trained and experienced personnel perform critical inspections and repairs .... Your railroad (layoffs) are far outpacing any of your Class 1 peers."
On July 29, 2025, Union Pacific and Norfolk Southern announced an $85 billion agreement to create a transcontinental railroad, subject to review by the Surface Transportation Board (STB). On January 16, 2026, the STB rejected the merger application as incomplete because it did not contain certain information required by the Board’s regulations, and rejected the filing without prejudice to refiling a revised application. The decision did not dismiss the proceeding and directed the applicants to file a letter in the docket by February 17, 2026 indicating if and when they anticipate refiling. Union Pacific and Norfolk Southern submitted an amended application on April 30, 2026 that was accepted by the STB on May 28, 2026, with a request for additional information.
Headquarters history
The Union Pacific Corporation was headquartered in New York City at the time of its founding in 1969. In 1988, CEO Drew Lewis relocated the corporate headquarters to Bethlehem, Pennsylvania. In 1997, the headquarters was shifted to Dallas, Texas. In 2004, the corporate headquarters was relocated to Omaha to join the Union Pacific Railroad headquarters.
== Finances ==
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | UNP | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 22.85Y avg ≈21.4 | ≈21.4 | · | · | |
| P/S (TTM) | 6.65Y avg ≈6.0 | ≈6.0 | 5.7 | Overvalued | |
| P/B (MRQ) | 7.95Y avg ≈9.5 | ≈9.5 | · | · | |
| EV / EBITDA | 33.05Y avg ≈14.8 | ≈14.8 | · | · | |
| Price / FCF (TTM) | 26.05Y avg ≈25.6 | ≈25.6 | · | · | |
| Price / Cash Flow (TTM) | 16.55Y avg ≈15.8 | ≈15.8 | · | · | |
| EV / Revenue | 13.35Y avg ≈6.0 | ≈6.0 | · | · | |
| EV / FCF | 59.15Y avg ≈25.5 | ≈25.5 | · | · | |
| Price / Tangible Book | 17.75Y avg ≈9.5 | ≈9.5 | · | · | |
| PEG Ratio | ≈2.6 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | UNP | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin (TTM) | 40.1%5Y avg ≈40.1% | ≈40.1% | · | · | |
| EBITDA Margin | 40.2%5Y avg ≈40.1% | ≈40.1% | 36.7% | In line | |
| Pretax Margin (TTM) | 37.6%5Y avg ≈36.6% | ≈36.6% | 31.1% | Top tier | |
| Net Profit Margin (TTM) | 28.9%5Y avg ≈28.3% | ≈28.3% | 23.7% | Top tier | |
| ROA (TTM) | 10.8%5Y avg ≈10.2% | ≈10.2% | 6.6% | Top tier | |
| ROE (TTM) | 38.7%5Y avg ≈46.1% | ≈46.1% | 20.8% | Top tier | |
| ROIC | 41.5%5Y avg ≈48.9% | ≈48.9% | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | UNP | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.05Y avg ≈0.0 | ≈0.0 | · | · | |
| Current Ratio (MRQ) | 1.25Y avg ≈0.8 | ≈0.8 | 0.8 | Strong liquidity | |
| Quick Ratio | 0.65Y avg ≈0.6 | ≈0.6 | 0.5 | Strong liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | UNP | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 1.1%5Y avg ≈4.9% | ≈4.9% | · | · | |
| Revenue CAGR 3Y | -0.49%5Y avg ≈3.5% | ≈3.5% | · | · | |
| Revenue CAGR 5Y | 4.6% | · | · | · | |
| EPS YoY | 8.0%5Y avg ≈9.3% | ≈9.3% | · | · | |
| Net Income YoY | 5.8%5Y avg ≈6.4% | ≈6.4% | · | · | |
| EPS CAGR 3Y | 2.2%5Y avg ≈5.3% | ≈5.3% | · | · | |
| EPS CAGR 5Y | 8.7% | · | · | · | |
| Net Income CAGR 3Y | 0.66%5Y avg ≈2.6% | ≈2.6% | · | · | |
| Net Income CAGR 5Y | 5.9% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | UNP | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.45Y avg ≈0.4 | ≈0.4 | 0.3 | Top tier | |
| Receivables Turnover | 13.15Y avg ≈12.9 | ≈12.9 | · | · | |
| Revenue / Employee | ≈$836.9K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 31, 2026 | $1.42 | USD | ≈1.8% |
| May 29, 2026 | $1.38 | USD | ≈2.1% |
| Feb 27, 2026 | $1.38 | USD | ≈2.1% |
| Dec 5, 2025 | $1.38 | USD | ≈2.3% |
| Aug 29, 2025 | $1.38 | USD | ≈2.4% |
| May 30, 2025 | $1.34 | USD | ≈2.4% |
| Feb 28, 2025 | $1.34 | USD | ≈2.2% |
| Dec 9, 2024 | $1.34 | USD | ≈2.3% |
| Aug 30, 2024 | $1.34 | USD | ≈2.0% |
| May 31, 2024 | $1.30 | USD | ≈2.2% |
| Feb 28, 2024 | $1.30 | USD | ≈2.0% |
| Dec 7, 2023 | $1.30 | USD | ≈2.2% |
| Aug 30, 2023 | $1.30 | USD | ≈2.3% |
| May 30, 2023 | $1.30 | USD | ≈2.7% |
| Feb 27, 2023 | $1.30 | USD | ≈2.5% |
| Dec 16, 2022 | $1.30 | USD | ≈2.4% |
| Aug 30, 2022 | $1.30 | USD | ≈2.2% |
| May 27, 2022 | $1.30 | USD | ≈2.1% |
| Feb 25, 2022 | $1.18 | USD | ≈1.8% |
| Dec 17, 2021 | $1.18 | USD | ≈1.8% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| Sept. 30, 2026 | Oct 21, 2026 | $3.53 | $3.51 | 0.63% |
| June 30, 2026 | Jul 22, 2026 | $3.41 | $3.28 | 4.1% |
| March 31, 2026 | $2.93 | $2.89 | 1.3% | |
| Dec. 31, 2025 | $2.86 | $2.90 | -1.4% | |
| Sept. 30, 2025 | $3.08 | $3.02 | 1.9% | |
| June 30, 2025 | $3.03 | $2.94 | 3.1% | |
| March 31, 2025 | $2.70 | $2.78 | -2.8% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.51B | $24.25B | $24.12B | $24.88B | $21.80B | $19.53B | $21.71B | $22.83B | $21.24B | $19.94B | $21.81B | $23.99B | |
| Operating Expenses | $14.66B | $14.54B | $15.04B | $14.96B | $12.47B | $11.70B | $13.15B | $14.31B | $13.13B | $12.70B | $13.76B | $15.23B | |
| Operating Income | $9.85B | $9.71B | $9.08B | $9.92B | $9.34B | $7.83B | $8.55B | $8.52B | $8.11B | $7.24B | $8.05B | $8.75B | |
| Interest Expense | · | · | $1.34B | $1.27B | $1.16B | $1.14B | $1.05B | $870M | $719M | $698M | $622M | $561M | |
| Interest Income | · | $52M | $52M | $23M | $4M | $12M | $32M | $30M | $16M | $11M | $5M | $4M | |
| Other Non-op | $629M | $350M | $491M | $426M | $297M | $287M | $243M | $94M | $245M | $221M | $226M | $151M | |
| Pretax Income | $9.17B | $8.79B | $8.23B | $9.07B | $8.48B | $6.98B | $7.75B | $7.74B | $7.63B | $6.77B | $7.66B | $8.34B | |
| Income Tax | $2.03B | $2.05B | $1.85B | $2.07B | $1.96B | $1.63B | $1.83B | $1.77B | $-3.08B | $2.53B | $2.88B | $3.16B | |
| Net Income | $7.14B | $6.75B | $6.38B | $7.00B | $6.52B | $5.35B | $5.92B | $5.97B | $10.71B | $4.23B | $4.77B | $5.18B | |
| EPS (Basic) | $12.00 | $11.10 | $10.47 | $11.24 | $9.98 | $7.90 | $8.41 | $7.95 | $13.42 | $5.09 | $5.51 | $5.77 | |
| EPS (Diluted) | $11.98 | $11.09 | $10.45 | $11.21 | $9.95 | $7.88 | $8.38 | $7.91 | $13.36 | $5.07 | $5.49 | $5.75 | |
| Shares (Basic) | 595,000,000 | 607,600,000 | 609,200,000 | 622,700,000 | 653,800,000 | 677,300,000 | 703,500,000 | 750,900,000 | 798,400,000 | 832,400,000 | 866,200,000 | 897,100,000 | |
| Shares (Diluted) | 595,900,000 | 608,600,000 | 610,200,000 | 624,000,000 | 655,400,000 | 679,100,000 | 706,100,000 | 754,300,000 | 801,700,000 | 835,400,000 | 869,400,000 | 901,100,000 | |
| EBITDA | $9.85B | $9.71B | $9.08B | $9.92B | $9.34B | $7.83B | $8.55B | $8.52B | $8.06B | $7.27B | $8.05B | $8.75B |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.27B | $1.02B | $1.05B | $973M | $960M | $1.80B | $831M | $1.27B | $1.27B | $1.28B | $1.39B | $1.59B | |
| Receivables | $1.86B | $1.89B | $2.07B | $1.89B | $1.72B | $1.50B | $1.59B | $1.75B | $1.49B | $1.26B | $1.36B | $1.61B | |
| Other Current Assets | $392M | $322M | $261M | $301M | $202M | $212M | $222M | $333M | $399M | $284M | $647M | $492M | |
| Current Assets | $4.55B | $4.02B | $4.15B | $3.95B | $3.55B | $4.21B | $3.46B | $4.16B | $4.01B | $3.60B | $4.13B | $4.40B | |
| PP&E (Net) | · | · | $57.40B | $56.04B | $54.87B | $54.16B | $53.92B | $52.68B | $51.60B | $50.39B | $48.87B | $46.27B | |
| PP&E (Gross) | · | · | $81.73B | $79.25B | $77.28B | $75.42B | $74.25B | $72.81B | $70.81B | $69.06B | $66.56B | $63.21B | |
| Accum. Depreciation | · | · | $24.34B | $23.22B | $22.40B | $21.26B | $20.33B | $20.13B | $19.21B | $18.67B | $17.70B | $16.94B | |
| Other Non-current Assets | $1.58B | $1.39B | $1.34B | $1.41B | $1.07B | $249M | $436M | $393M | $386M | $276M | $194M | $309M | |
| Total Assets | $69.70B | $67.72B | $67.13B | $65.45B | $63.52B | $62.40B | $61.67B | $59.15B | $57.81B | $55.72B | $54.60B | $52.37B | |
| Accounts Payable | $804M | $847M | $856M | $784M | $752M | $612M | $749M | $872M | $1.01B | $955M | $743M | $877M | |
| Short-term Debt | $0 | $0 | $0 | $200M | $400M | $75M | $200M | $200M | $0 | · | · | $0 | |
| Current Liabilities | $5.01B | $5.25B | $5.11B | $5.52B | $5.74B | $4.17B | $4.35B | $4.63B | $3.94B | $3.64B | $3.21B | $3.76B | |
| Capital Leases | $738M | $925M | $1.25B | $1.30B | $1.43B | $1.28B | $1.47B | · | · | · | · | · | |
| Deferred Tax | $13.42B | $13.15B | $13.12B | $13.03B | $12.68B | $12.25B | $11.99B | $11.30B | $10.94B | $16.00B | $15.24B | $14.40B | |
| Other Non-current Liabilities | $1.76B | $1.73B | $1.71B | $1.78B | $1.95B | $2.08B | $1.79B | $1.87B | $1.93B | $1.90B | $1.84B | $2.06B | |
| Total Liabilities | $51.23B | $50.83B | $52.34B | $53.29B | $49.36B | $45.44B | $43.55B | $38.72B | $32.95B | $35.79B | $33.90B | $31.18B | |
| Long-term Debt | $31.81B | $31.19B | $32.58B | $33.33B | $29.73B | $26.73B | $25.20B | $22.39B | $16.94B | $15.01B | $14.20B | $11.41B | |
| Total Debt | $0 | $0 | $0 | $200M | $400M | $75M | $200M | $200M | · | · | · | $0 | |
| Common Stock | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.77B | |
| Paid-in Capital | $5.59B | $5.33B | $5.19B | $5.08B | $4.98B | $4.86B | $4.52B | $4.45B | $4.48B | $4.42B | $4.42B | $4.32B | |
| Retained Earnings | $69.53B | $65.63B | $62.09B | $58.89B | $55.05B | $51.33B | $48.60B | $45.28B | $41.32B | $32.59B | $30.23B | $27.37B | |
| Treasury Stock | $58.84B | $56.13B | $54.67B | $54.00B | $47.73B | $40.42B | $36.42B | $30.67B | $22.57B | $18.58B | $15.53B | $12.06B | |
| AOCI | $-591M | $-723M | $-614M | $-582M | $-914M | $-1.59B | $-1.36B | $-1.42B | $-1.14B | $-1.27B | $-1.20B | $-1.21B | |
| Stockholders' Equity | $18.47B | $16.89B | $14.79B | $12.16B | $14.16B | $16.96B | $18.13B | $20.42B | $24.86B | $19.93B | $20.70B | $21.19B | |
| Liabilities + Equity | $69.70B | $67.72B | $67.13B | $65.45B | $63.52B | $62.40B | $61.67B | $59.15B | $57.81B | $55.72B | $54.60B | $52.37B | |
| Shares Outstanding | 593,245,884 | 1,113,000,000 | 1,112,900,000 | 1,112,600,000 | 1,112,400,000 | 671,351,360 | 1,112,000,000 | 1,111,700,000 | 1,111,400,000 | 1,111,000,000 | 1,110,400,000 | 1,110,100,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | · | · | $107M | $99M | $88M | $73M | $93M | $96M | $103M | $82M | $98M | $112M | |
| Deferred Tax | $241M | $28M | $117M | $262M | $154M | $340M | $566M | $339M | $-5.07B | $831M | $765M | $895M | |
| Restructuring | · | · | · | · | · | · | $24M | $25M | $86M | · | · | · | |
| Operating Cash Flow | $9.29B | $9.35B | $8.38B | $9.36B | $9.03B | $8.54B | $8.61B | $8.69B | $7.23B | $7.53B | $7.34B | $7.38B | |
| CapEx | $3.79B | $3.45B | $3.61B | $3.62B | $2.94B | $2.93B | $3.45B | $3.44B | $3.24B | $3.50B | $4.65B | $4.35B | |
| Investing Cash Flow | $-3.76B | $-3.33B | $-3.67B | $-3.47B | $-2.71B | $-2.68B | $-3.44B | $-3.41B | $-3.09B | · | · | · | |
| Debt Issued | $2.00B | $800M | $1.60B | $6.08B | $4.20B | $4.00B | $3.99B | $6.89B | $2.73B | $1.98B | $3.33B | $2.59B | |
| Net Debt Issued | $2.00B | $800M | $1.60B | $6.08B | $4.20B | $4.00B | $3.99B | $6.89B | $2.73B | $1.98B | $3.33B | $2.59B | |
| Stock Repurchased | $2.68B | $1.50B | $705M | $6.28B | $7.29B | $3.71B | $5.80B | $8.22B | $4.01B | $3.10B | $3.46B | $3.23B | |
| Net Stock Activity | $-2.68B | $-1.50B | $-705M | $-6.28B | $-7.29B | $-3.71B | $-5.80B | $-8.22B | $-4.01B | $-3.10B | $-3.46B | $-3.23B | |
| Dividends Paid | $3.24B | $3.21B | $3.17B | $3.16B | $2.80B | $2.63B | $2.60B | $2.30B | $1.98B | $1.88B | $2.34B | $1.63B | |
| Financing Cash Flow | $-5.28B | $-6.07B | $-4.62B | $-5.89B | $-7.16B | $-4.90B | $-5.65B | $-5.22B | $-4.15B | · | · | · | |
| Net Change in Cash | $252M | $-46M | $87M | $4M | $-835M | $962M | $-472M | $53M | $-2M | $-114M | $-195M | $154M | |
| Taxes Paid | · | $1.34B | $1.49B | $2.06B | $-1.66B | $-1.21B | $-1.38B | $1.21B | $2.11B | $1.35B | $2.16B | $2.49B | |
| Free Cash Flow | $5.50B | $5.89B | $4.77B | $5.74B | $6.10B | $5.61B | $5.16B | $5.25B | $3.99B | $4.02B | $2.69B | $3.04B | |
| Levered FCF | · | · | $3.73B | $4.76B | $5.21B | $4.74B | $4.35B | $4.58B | $2.98B | $3.58B | $2.31B | $2.69B |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 40.2% | 40.1% | 37.6% | 39.9% | 42.8% | 40.1% | 39.4% | 37.3% | 38.0% | 36.5% | 36.9% | 36.5% | |
| Net Margin | 29.1% | 27.8% | 26.5% | 28.1% | 29.9% | 27.4% | 27.3% | 26.1% | 50.4% | 21.2% | 21.9% | 21.6% | |
| Pretax Margin | 37.4% | 36.3% | 34.1% | 36.5% | 38.9% | 35.7% | 35.7% | 33.9% | 35.9% | 33.9% | 35.1% | 34.8% | |
| EBITDA Margin | 40.2% | 40.1% | 37.6% | 39.9% | 42.8% | 40.1% | 39.4% | 37.3% | 38.0% | 36.5% | 36.9% | 36.5% | |
| ROA | 10.4% | 10.0% | 9.6% | 10.8% | 10.4% | 8.6% | 9.8% | 10.2% | 18.9% | 7.7% | 8.9% | 10.1% | |
| ROE | 41.1% | 40.3% | 44.3% | 58.6% | 46.5% | 30.5% | 30.7% | 26.4% | 47.8% | 20.8% | 22.8% | 24.4% | |
| ROIC | 41.5% | 44.1% | 47.6% | 61.9% | 49.3% | 35.2% | 35.7% | 31.8% | 45.5% | 22.8% | 24.2% | 25.7% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.9 | 0.8 | 0.8 | 0.7 | 0.6 | 1.0 | 0.8 | 0.9 | 1.0 | 1.0 | 1.3 | 1.2 | |
| Quick Ratio | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.8 | 0.6 | 0.7 | 0.7 | 0.7 | 0.9 | 0.8 | |
| Debt / Equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | · | · | · | 0.0 | |
| Interest Coverage | · | · | 6.8 | 7.8 | 8.1 | 6.9 | 8.1 | 9.8 | 11.2 | 10.4 | 12.9 | 15.6 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | |
| Receivables Turnover | 13.1 | 12.2 | 12.2 | 13.8 | 13.5 | 12.6 | 13.0 | 14.1 | 15.4 | 15.3 | 14.7 | 15.9 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $31.13 | $27.95 | $24.25 | $19.86 | $22.17 | $25.26 | $26.19 | $28.17 | $31.83 | $24.43 | $24.38 | $23.99 | |
| Revenue / Share | $41.13 | $39.85 | $39.53 | $39.86 | $33.27 | $28.76 | $30.74 | $30.27 | $26.49 | $23.87 | $25.09 | $26.62 | |
| Cash Flow / Share | $15.59 | $15.36 | $13.73 | $15.00 | $13.78 | $12.58 | $12.19 | $11.52 | $9.02 | $9.01 | $8.45 | $8.20 | |
| Cash / Share | $2.13 | $1.68 | $1.73 | $1.59 | $1.50 | $2.68 | $1.20 | $1.76 | $1.63 | $1.57 | $1.64 | $1.80 | |
| Dividend / Share | $5.44 | $5.28 | $5.20 | $5.08 | $4.29 | $3.88 | $3.70 | $3.06 | $2.48 | $2.25 | $2.20 | $1.91 | |
| EPS (TTM) | $11.98 | $11.09 | $10.45 | $11.21 | $9.95 | $7.88 | $8.38 | $7.91 | $13.36 | $5.07 | $5.49 | $5.75 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 1.1% | 0.54% | -3.0% | 14.1% | 11.6% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -0.49% | 3.6% | 7.3% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 4.6% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 8.0% | 6.1% | -6.8% | 12.7% | 26.3% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 2.2% | 3.7% | 9.9% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 8.7% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 5.8% | 5.8% | -8.8% | 7.3% | 21.9% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 0.66% | 1.1% | 6.0% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 5.9% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 4.3% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $24.51B | $24.25B | $24.12B | $24.88B | $21.80B | $19.53B | $21.71B | $22.83B | $21.24B | $19.94B | $21.81B | $23.99B | |
| Net Income TTM | $7.14B | $6.75B | $6.38B | $7.00B | $6.52B | $5.35B | $5.92B | $5.97B | $10.71B | $4.23B | $4.77B | $5.18B | |
| Market Cap | $137.23B | $137.79B | $149.76B | $126.81B | $160.94B | $139.79B | $125.12B | $100.22B | $104.72B | $84.58B | $66.41B | $105.24B | |
| Enterprise Value | $135.96B | $136.78B | $148.70B | $126.04B | $160.38B | $138.06B | $124.49B | $99.15B | · | · | · | $103.65B | |
| P/E | 19.3 | 20.6 | 23.5 | 18.5 | 25.3 | 26.4 | 21.6 | 17.5 | 10.0 | 20.4 | 14.2 | 20.7 | |
| P/S | 5.6 | 5.7 | 6.2 | 5.1 | 7.4 | 7.2 | 5.8 | 4.4 | 4.9 | 4.2 | 3.0 | 4.4 | |
| P/B | 7.4 | 8.2 | 10.1 | 10.4 | 11.4 | 8.2 | 6.9 | 4.9 | 4.2 | 4.2 | 3.2 | 5.0 | |
| P / Tangible Book | 7.4 | 8.2 | 10.1 | 10.4 | 11.4 | 8.2 | · | · | · | · | · | · | |
| P / Cash Flow | 14.8 | 14.7 | 17.9 | 13.5 | 17.8 | 16.4 | 14.5 | 11.5 | 14.5 | 11.2 | 9.0 | 14.2 | |
| P / FCF | 25.0 | 23.4 | 31.4 | 22.1 | 26.4 | 24.9 | 24.3 | 19.1 | 26.2 | 21.0 | 24.7 | 34.6 | |
| EV / EBITDA | 13.8 | 14.1 | 16.4 | 12.7 | 17.2 | 17.6 | 14.6 | 11.6 | · | · | · | 11.8 | |
| EV / FCF | 24.7 | 23.2 | 31.2 | 21.9 | 26.3 | 24.6 | 24.1 | 18.9 | · | · | · | 34.1 | |
| EV / Revenue | 5.5 | 5.6 | 6.2 | 5.1 | 7.4 | 7.1 | 5.7 | 4.3 | · | · | · | 4.3 | |
| Dividend Yield | 2.4% | 2.3% | 2.1% | 2.5% | 1.7% | 1.9% | 2.1% | 2.3% | 1.9% | 2.2% | 3.5% | 1.6% | |
| Earnings Yield | 5.2% | 4.9% | 4.2% | 5.4% | 4.0% | 3.8% | 4.6% | 5.7% | 10.0% | 4.9% | 7.0% | 4.8% | |
| Payout Ratio | 45.3% | 47.6% | 49.7% | 45.1% | 42.9% | 49.1% | 43.9% | 38.5% | 18.5% | 44.4% | 49.1% | 31.5% | |
| Annual Payout | $3.24B | $3.21B | $3.17B | $3.16B | $2.80B | $2.63B | $2.60B | $2.30B | $1.98B | $1.88B | $2.34B | $1.63B |
Income Statement
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.20B | $6.86B | $6.22B | $6.08B | $6.24B | $6.15B | $6.03B | $6.12B | $6.09B | $6.01B | $6.03B | $6.16B | $5.94B | $5.96B | $6.06B | $6.18B | |
| Operating Expenses | $4.25B | $4.10B | $3.76B | $3.68B | $3.69B | $3.63B | $3.66B | $3.60B | $3.67B | $3.61B | $3.66B | $3.75B | $3.76B | $3.76B | $3.76B | $3.77B | |
| Operating Income | $2.94B | $2.76B | $2.46B | $2.40B | $2.55B | $2.52B | $2.37B | $2.52B | $2.42B | $2.40B | $2.37B | $2.41B | $2.18B | $2.20B | $2.29B | $2.41B | |
| Interest Expense | · | · | · | · | · | · | · | · | $314M | $319M | $324M | · | $334M | $339M | $336M | · | |
| Other Non-op | $95M | $105M | $91M | $332M | $96M | $123M | $78M | $68M | $87M | $103M | $92M | $108M | $106M | $93M | $184M | $92M | |
| Pretax Income | $2.73B | $2.56B | $2.23B | $2.41B | $2.32B | $2.31B | $2.13B | $2.28B | $2.19B | $2.18B | $2.14B | $2.18B | $1.95B | $1.96B | $2.14B | $2.17B | |
| Income Tax | $650M | $562M | $528M | $560M | $530M | $437M | $501M | $519M | $518M | $511M | $499M | $532M | $421M | $389M | $512M | $533M | |
| Net Income | $2.08B | $1.99B | $1.70B | $1.85B | $1.79B | $1.88B | $1.63B | $1.76B | $1.67B | $1.67B | $1.64B | $1.65B | $1.53B | $1.57B | $1.63B | $1.64B | |
| EPS (Basic) | $3.50 | $3.36 | $2.87 | $3.11 | $3.02 | $3.16 | $2.71 | $2.91 | $2.75 | $2.75 | $2.69 | $2.71 | $2.51 | $2.58 | $2.67 | $2.68 | |
| EPS (Diluted) | $3.49 | $3.36 | $2.87 | $3.12 | $3.01 | $3.15 | $2.70 | $2.91 | $2.75 | $2.74 | $2.69 | $2.70 | $2.51 | $2.57 | $2.67 | $2.66 | |
| Shares (Basic) | 593,700,000 | 593,400,000 | 593,000,000 | · | 592,400,000 | 594,100,000 | 601,000,000 | · | 607,600,000 | 609,400,000 | 609,200,000 | · | 608,700,000 | 608,700,000 | 610,600,000 | · | |
| Shares (Diluted) | 594,500,000 | 594,000,000 | 593,600,000 | · | 593,200,000 | 594,800,000 | 601,900,000 | · | 608,600,000 | 610,300,000 | 610,200,000 | · | 609,800,000 | 609,500,000 | 611,500,000 | · | |
| EBITDA | $2.94B | $2.76B | $2.46B | · | $2.55B | $2.52B | $2.37B | · | $2.42B | $2.40B | $2.37B | · | $2.18B | $2.20B | $2.29B | · |
Balance Sheet
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.21B | $1.61B | $735M | $1.27B | $808M | $1.06B | $1.41B | $1.02B | $947M | $1.14B | $925M | $1.05B | $750M | $830M | $1.08B | $973M | |
| Receivables | $2.14B | $2.13B | $1.99B | $1.86B | $1.92B | $1.92B | $1.97B | $1.89B | $2.04B | $2.12B | $2.16B | · | $1.93B | $1.83B | $1.96B | · | |
| Other Current Assets | $306M | $370M | $356M | $392M | $393M | $434M | $416M | $322M | $371M | $416M | $317M | · | $343M | $354M | $296M | · | |
| Current Assets | $6.52B | $5.53B | $4.21B | $4.55B | $3.90B | $4.18B | $4.54B | $4.02B | $4.15B | $4.50B | $4.19B | · | $3.81B | $3.75B | $4.06B | · | |
| PP&E (Net) | · | · | · | · | · | · | · | · | $58.04B | $57.84B | $57.59B | · | $57.01B | $56.64B | $56.27B | · | |
| PP&E (Gross) | · | · | · | · | · | · | · | · | $83.27B | $82.73B | $82.27B | · | $81.13B | $80.51B | $79.84B | · | |
| Accum. Depreciation | · | · | · | · | · | · | · | · | $25.23B | $24.89B | $24.68B | · | $24.12B | $23.87B | $23.57B | · | |
| Other Non-current Assets | $1.64B | $1.63B | $1.61B | $1.58B | $1.42B | $1.40B | $1.40B | $1.39B | $1.39B | $1.39B | $1.38B | · | $1.47B | $1.47B | $1.50B | · | |
| Total Assets | $72.61B | $71.21B | $69.64B | $69.70B | $68.65B | $68.58B | $68.49B | $67.72B | $67.57B | $67.82B | $67.27B | · | $66.54B | $66.03B | $65.97B | · | |
| Accounts Payable | $1.04B | $931M | $940M | $804M | $853M | $815M | $898M | $847M | $830M | $870M | $814M | · | $936M | $894M | $952M | · | |
| Short-term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $225M | $300M | $298M | · | $302M | $224M | · | · | |
| Current Liabilities | $5.61B | $5.61B | $4.60B | $5.01B | $5.22B | $6.45B | $6.22B | $5.25B | $5.37B | $4.29B | $4.53B | · | $5.30B | $5.25B | $6.21B | · | |
| Capital Leases | $563M | $609M | $619M | $738M | $764M | $831M | $758M | $925M | $934M | $988M | $1.02B | · | $1.24B | $1.22B | $1.23B | · | |
| Deferred Tax | $13.64B | $13.53B | $13.47B | $13.42B | $13.33B | $13.03B | $13.14B | $13.15B | $13.20B | $13.17B | $13.15B | · | $13.10B | $13.07B | $13.08B | · | |
| Other Non-current Liabilities | $1.75B | $1.75B | $1.75B | $1.76B | $1.74B | $1.72B | $1.71B | $1.73B | $1.73B | $1.72B | $1.71B | · | $1.74B | $1.75B | $1.80B | · | |
| Total Liabilities | $50.59B | $50.54B | $50.23B | $51.23B | $51.34B | $52.32B | $52.45B | $50.83B | $50.99B | $51.33B | $51.60B | · | $52.54B | $52.84B | $53.51B | · | |
| Long-term Debt | · | · | · | $31.81B | · | · | · | · | · | · | · | · | · | · | · | · | |
| Total Debt | $0 | $0 | $0 | · | $0 | $0 | $0 | · | $225M | $300M | $298M | · | $302M | $224M | · | · | |
| Common Stock | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | $2.78B | · | $2.78B | $2.78B | $2.78B | · | |
| Paid-in Capital | $5.74B | $5.68B | $5.62B | $5.59B | $5.55B | $5.50B | $5.08B | $5.33B | $5.30B | $5.25B | $5.21B | · | $5.17B | $5.13B | $5.10B | · | |
| Retained Earnings | $72.82B | $71.58B | $70.41B | $69.53B | $68.50B | $67.53B | $66.45B | $65.63B | $64.68B | $63.82B | $62.94B | · | $61.23B | $60.50B | $59.72B | · | |
| Treasury Stock | $58.78B | $58.81B | $58.84B | $58.84B | $58.86B | $58.87B | $57.55B | $56.13B | $55.48B | $54.76B | $54.66B | · | $54.68B | $54.70B | $54.59B | · | |
| AOCI | $-539M | $-556M | $-553M | $-591M | $-672M | $-692M | $-720M | $-723M | $-692M | $-606M | $-610M | · | $-497M | $-517M | $-560M | · | |
| Stockholders' Equity | $22.02B | $20.67B | $19.42B | $18.47B | $17.30B | $16.26B | $16.04B | $16.89B | $16.58B | $16.49B | $15.66B | $14.79B | $14.00B | $13.19B | $12.45B | $12.16B | |
| Liabilities + Equity | $72.61B | $71.21B | $69.64B | $69.70B | $68.65B | $68.58B | $68.49B | $67.72B | $67.57B | $67.82B | $67.27B | · | $66.54B | $66.03B | $65.97B | · | |
| Shares Outstanding | 594,223,957 | 593,957,035 | 593,675,922 | 593,245,884 | 593,127,096 | 593,009,409 | 598,992,024 | 604,241,260 | 606,908,876 | 609,727,377 | 610,088,307 | 1,112,900,000 | · | 609,398,738 | 609,884,944 | 1,112,600,000 |
Cash Flow
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | · | · | · | · | · | · | · | · | $33M | $28M | $26M | · | $32M | $24M | $28M | · | |
| Operating Cash Flow | $2.79B | $3.08B | $2.44B | $2.23B | $2.52B | $2.33B | $2.21B | $2.66B | $2.65B | $1.91B | $2.12B | $2.40B | $2.13B | $2.02B | $1.84B | $2.29B | |
| CapEx | $1.02B | $873M | $937M | $999M | $950M | $936M | $906M | $922M | $831M | $902M | $797M | $1.02B | $975M | $835M | $772M | $930M | |
| Investing Cash Flow | $-1.39B | $-1.08B | $-988M | $-971M | $-952M | $-901M | $-938M | $-899M | $-834M | $-790M | $-802M | $-1.02B | $-976M | $-869M | $-805M | $-912M | |
| Debt Issued | $0 | $0 | $0 | $0 | $0 | $-1M | $2.00B | $0 | $0 | $400M | $400M | $0 | $0 | $400M | $1.20B | $0 | |
| Net Debt Issued | · | · | $0 | · | · | · | $2.00B | · | · | · | $400M | · | · | · | $1.20B | · | |
| Stock Repurchased | $0 | $26M | $0 | $0 | $0 | $1.26B | $1.42B | $674M | $731M | $100M | $0 | $0 | $0 | $130M | $575M | $785M | |
| Net Stock Activity | · | · | $0 | · | · | · | $-1.42B | · | · | · | $0 | · | · | · | $-575M | · | |
| Dividends Paid | $844M | $819M | $821M | $818M | $819M | $795M | $804M | $810M | $815M | $793M | $795M | $793M | $792M | $793M | $795M | $797M | |
| Financing Cash Flow | $-799M | $-1.13B | $-1.98B | $-804M | $-1.82B | $-1.77B | $-878M | $-1.69B | $-2.01B | $-917M | $-1.45B | $-1.08B | $-1.21B | $-1.40B | $-927M | $-1.68B | |
| Net Change in Cash | $595M | $872M | $-529M | $450M | $-253M | $-339M | $394M | $71M | $-190M | $204M | $-131M | $293M | $-62M | $-252M | $108M | $-297M | |
| Taxes Paid | $104M | $177M | $59M | · | $56M | $724M | $61M | · | $2.37B | $1.19B | $46M | · | $-329M | $-791M | $-35M | $587M | |
| Free Cash Flow | · | · | $1.50B | · | · | · | $1.30B | · | · | · | $1.32B | · | · | · | $1.07B | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | · | $1.08B | · | · | · | $812M | · |
Profitability
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 40.9% | 40.2% | 39.5% | · | 40.8% | 41.0% | 39.3% | · | 39.7% | 40.0% | 39.3% | · | 36.6% | 37.0% | 37.9% | · | |
| Net Margin | 28.8% | 29.0% | 27.4% | · | 28.6% | 30.5% | 27.0% | · | 27.4% | 27.9% | 27.2% | · | 25.7% | 26.3% | 26.9% | · | |
| Pretax Margin | 37.9% | 37.2% | 35.9% | · | 37.1% | 37.6% | 35.3% | · | 35.9% | 36.4% | 35.5% | · | 32.8% | 32.8% | 35.4% | · | |
| EBITDA Margin | 40.9% | 40.2% | 39.5% | · | 40.8% | 41.0% | 39.3% | · | 39.7% | 40.0% | 39.3% | · | 36.6% | 37.0% | 37.9% | · | |
| ROA | 2.9% | 2.9% | 2.5% | · | 2.6% | 2.8% | 2.4% | · | 2.5% | 2.5% | 2.5% | · | 2.3% | 2.4% | 2.5% | · | |
| ROE | 10.6% | 10.8% | 9.6% | · | 10.5% | 11.5% | 10.3% | · | 10.9% | 11.3% | 11.7% | · | 11.9% | 12.1% | 13.4% | · | |
| ROIC | 10.2% | 10.4% | 9.7% | · | 11.4% | 12.6% | 11.3% | · | 11.0% | 10.9% | 11.4% | · | 11.9% | 13.2% | 14.0% | · |
Liquidity & Solvency
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.2 | 1.0 | 0.9 | · | 0.7 | 0.6 | 0.7 | · | 0.8 | 1.0 | 0.9 | · | 0.7 | 0.7 | 0.7 | · | |
| Quick Ratio | 0.8 | 0.7 | 0.6 | · | 0.5 | 0.5 | 0.5 | · | 0.6 | 0.8 | 0.7 | · | 0.5 | 0.5 | 0.5 | · | |
| Debt / Equity | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | · | · | |
| Interest Coverage | · | · | · | · | · | · | · | · | 7.7 | 7.5 | 7.3 | · | 6.5 | 6.5 | 6.8 | · |
Efficiency
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | |
| Receivables Turnover | 3.5 | 3.4 | 3.1 | · | 3.2 | 3.1 | 2.9 | · | 3.1 | 3.0 | 2.9 | · | 3.0 | 3.1 | 3.1 | · |
Per Share
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $37.05 | $34.81 | $32.71 | · | $29.17 | $27.42 | $26.78 | · | $27.33 | $27.04 | $25.68 | · | · | $21.65 | $20.42 | · | |
| Revenue / Share | $12.11 | $11.56 | $10.47 | · | $10.53 | $10.35 | $10.01 | · | $10.01 | $9.84 | $9.88 | · | $9.74 | $9.78 | $9.90 | · | |
| Cash Flow / Share | · | · | $4.11 | · | · | · | $3.67 | · | · | · | $3.48 | · | · | · | $3.01 | · | |
| Cash / Share | $3.72 | $2.72 | $1.24 | · | $1.36 | $1.79 | $2.36 | · | $1.56 | $1.86 | $1.52 | · | · | $1.36 | $1.77 | · | |
| Dividend / Share | $1.42 | $1.38 | $1.38 | $1.38 | $1.38 | $1.34 | $1.34 | $1.34 | $1.34 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | |
| EPS (TTM) | $12.84 | $12.36 | $12.15 | · | $11.77 | $11.51 | $11.10 | · | $10.88 | $10.64 | $10.47 | · | $10.41 | $10.95 | $11.31 | · |
Valuation (TTM)
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $26.36B | $25.41B | $24.70B | · | $24.55B | $24.39B | $24.25B | · | $24.29B | $24.14B | $24.09B | · | $24.14B | $24.77B | $25.07B | · | |
| Net Income TTM | $7.62B | $7.33B | $7.21B | · | $7.05B | $6.93B | $6.73B | · | $6.64B | $6.49B | $6.39B | · | $6.37B | $6.73B | $7.00B | · | |
| Market Cap | $161.71B | $161.56B | $144.04B | · | $140.20B | $136.44B | $141.51B | · | $149.59B | $137.96B | $150.04B | · | · | $124.70B | $122.75B | · | |
| Enterprise Value | $159.50B | $159.94B | $143.30B | · | $139.39B | $135.38B | $140.09B | · | $148.87B | $137.12B | $149.41B | · | · | $124.09B | · | · | |
| P/E | 21.2 | 22.0 | 20.0 | · | 20.1 | 20.0 | 21.3 | · | 22.7 | 21.3 | 23.5 | · | 19.6 | 18.7 | 17.8 | · | |
| P/S | 6.1 | 6.4 | 5.8 | · | 5.7 | 5.6 | 5.8 | · | 6.2 | 5.7 | 6.2 | · | · | 5.0 | 4.9 | · | |
| P/B | 7.3 | 7.8 | 7.4 | · | 8.1 | 8.4 | 8.8 | · | 9.0 | 8.4 | 9.6 | · | · | 9.5 | 9.9 | · | |
| P / Tangible Book | 7.3 | 7.8 | 7.4 | · | 8.1 | 8.4 | 8.8 | · | 9.0 | 8.4 | 9.6 | · | · | 9.5 | 9.9 | · | |
| P / Cash Flow | · | · | 59.0 | · | · | · | 64.0 | · | · | · | 70.7 | · | · | · | 66.7 | · | |
| EV / Revenue | 6.0 | 6.3 | 5.8 | · | 5.7 | 5.5 | 5.8 | · | 6.1 | 5.7 | 6.2 | · | · | 5.0 | · | · | |
| Dividend Yield | 2.0% | 2.0% | 2.3% | · | 2.3% | 2.4% | 2.3% | · | 2.1% | 2.3% | 2.1% | · | · | 2.6% | 2.6% | · | |
| Earnings Yield | 4.7% | 4.5% | 5.0% | · | 5.0% | 5.0% | 4.7% | · | 4.4% | 4.7% | 4.3% | · | 5.1% | 5.3% | 5.6% | · | |
| Payout Ratio | · | · | 48.3% | · | · | · | 49.5% | · | · | · | 48.4% | · | · | · | 48.8% | · | |
| Annual Payout | $3.30B | $3.28B | $3.25B | · | $3.23B | $3.22B | $3.22B | · | $3.20B | $3.17B | $3.17B | · | $3.18B | $3.19B | $3.21B | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $24.51B | $24.25B | $24.12B | $24.88B | $21.80B |
| Operating Margin % | 40.2% | 40.1% | 37.6% | 39.9% | 42.8% |
| Net Income | $7.14B | $6.75B | $6.38B | $7.00B | $6.52B |
| Diluted EPS | $11.98 | $11.09 | $10.45 | $11.21 | $9.95 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Current Ratio | 0.9 | 0.8 | 0.8 | 0.7 | 0.6 |
| Quick Ratio | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $5.50B | $5.89B | $4.77B | $5.74B | $6.10B |
Institutional owners (13F) 3,144 filers · $157.7B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 221 (-35 vs prior Q) | 85 (-45 vs prior Q) | 1,234 (+124 vs prior Q) | 1,003 (-18 vs prior Q) | +17.0M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $13,724,044,886 | 59,329,262 | 8.70% | Shares |
| BlackRock, Inc. | $13,027,208,221 | 47,894,147 | 8.26% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $10,546,233,968 | 38,772,919 | 6.69% | Shares |
| STATE STREET CORP | $7,586,242,656 | 27,890,598 | 4.81% | Shares |
| Capital World Investors | $7,382,612,227 | 27,141,622 | 4.68% | Shares |
| Capital Research Global Investors | $4,654,580,722 | 17,112,417 | 2.95% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $4,383,198,163 | 16,122,702 | 2.78% | Shares |
| JPMORGAN CHASE & CO | $4,274,478,022 | 15,674,651 | 2.71% | Shares |
| MORGAN STANLEY | $3,965,548,641 | 14,579,220 | 2.52% | Shares |
| BANK OF AMERICA CORP /DE/ | $3,951,497,127 | 14,527,563 | 2.51% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $3,884,705,632 | 14,282,006 | 2.46% | Shares |
| NORGES BANK | $2,054,513,920 | 7,553,360 | 1.30% | Shares |
| UBS Group AG | $1,806,361,520 | 6,641,035 | 1.15% | Shares |
| Fisher Asset Management, LLC | $1,789,422,852 | 6,578,759 | 1.13% | Shares |
| NORTHERN TRUST CORP | $1,776,669,184 | 6,531,872 | 1.13% | Shares |
| Invesco Ltd. | $1,736,702,257 | 6,384,935 | 1.10% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $1,735,541,703 | 6,272,629 | 1.10% | Shares |
| FRANKLIN RESOURCES INC | $1,604,894,987 | 5,900,349 | 1.02% | Shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $1,560,736,387 | 5,738,003 | 0.99% | Shares |
| AMERIPRISE FINANCIAL INC | $1,260,571,672 | 4,633,815 | 0.80% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $1,257,620,042 | 5,183,497 | 0.80% | Shares |
| RAYMOND JAMES FINANCIAL INC | $1,242,437,403 | 4,567,784 | 0.79% | Shares |
| ROYAL BANK OF CANADA | $1,213,875,000 | 4,462,776 | 0.77% | Shares |
| Legal & General Group Plc | $1,193,134,801 | 4,386,525 | 0.76% | Shares |
| Nuveen, LLC | $1,177,744,389 | 4,329,943 | 0.75% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $1,094,677,328 | 4,024,549 | 0.69% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $1,067,465,125 | 3,924,504 | 0.68% | Shares |
| DEUTSCHE BANK AG\ | $1,066,557,152 | 3,921,166 | 0.68% | Shares |
| HARRIS ASSOCIATES L P | $1,045,709,943 | 3,844,522 | 0.66% | Shares |
| Bank of New York Mellon Corp | $1,037,758,395 | 3,815,288 | 0.66% | Shares |
| GOLDMAN SACHS GROUP INC | $1,026,355,493 | 3,773,366 | 0.65% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $1,016,892,577 | 3,738,413 | 0.64% | Shares |
| WELLS FARGO & COMPANY/MN | $1,012,781,828 | 3,723,463 | 0.64% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $908,116,064 | 3,338,662 | 0.58% | Shares |
| Capital International Investors | $865,266,123 | 3,181,018 | 0.55% | Shares |
| Amundi | $821,397,840 | 3,019,845 | 0.52% | Shares |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | $820,900,352 | 3,018,016 | 0.52% | Shares |
| Clearbridge Investments, LLC | $817,168,338 | 3,004,295 | 0.52% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $702,764,949 | 2,583,702 | 0.45% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $641,314,800 | 2,357,775 | 0.41% | Shares |
| Slate Path Capital LP | $626,308,288 | 2,302,604 | 0.40% | Shares |
| FMR LLC | $605,267,470 | 2,225,248 | 0.38% | Shares |
| Baird Financial Group, Inc. | $581,642,093 | 2,138,390 | 0.37% | Shares |
| STIFEL FINANCIAL CORP | $573,480,916 | 2,108,345 | 0.36% | Shares |
| NEUBERGER BERMAN GROUP LLC | $562,162,552 | 2,066,771 | 0.36% | Shares |
| VIKING GLOBAL INVESTORS LP | $556,874,304 | 2,047,332 | 0.35% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $492,554,035 | 1,810,854 | 0.31% | Shares |
| CITADEL ADVISORS LLC | $459,761,600 | 1,690,300 | 0.29% | Call option |
| Swiss National Bank | $455,491,200 | 1,674,600 | 0.29% | Shares |
| JANUS HENDERSON GROUP PLC | $441,769,200 | 1,820,796 | 0.28% | Shares |
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Undisclosed reporting person | Dec. 5, 2001 | · | Initial filing | · | SEC |
| Undisclosed reporting person | Oct. 24, 2001 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 66 insiders · 35 officers · 33 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Vincenzo J Vena | CHIEF EXECUTIVE OFFICER | April 10, 2026 A | 220,695 | 0 | 0 | $0 |
| Lance M Fritz | CHAIRMAN PRESIDENT & CEO | April 10, 2023 A | 592,763 | 0 | 0 | $0 |
| Jennifer L Hamann | EVP & CHIEF FINANCIAL OFFICER | Sept. 10, 2026 A | 114,683 | 0 | 1 | $-549,400 |
| Robert M Knight JR | EVP & CHIEF FINANCIAL OFFICER | July 31, 2019 S | 88,213 | 0 | 0 | $0 |
| Elizabeth F Whited | PRESIDENT | April 25, 2025 G | 75,156 | 0 | 0 | $0 |
| Cameron A Scott | EVP & CHIEF OPERATING OFFICER | Feb. 8, 2018 A | 89,404 | 0 | 0 | $0 |
| Carrie J Powers | VP & CONTROLLER | Oct. 10, 2026 A | 8,153 | 0 | 0 | $0 |
| Christina B Conlin | EVP CHIEF LEGAL OFFICER & CORP | Oct. 10, 2026 A | 16,016 | 0 | 0 | $0 |
| Kenyatta G Rocker | EVP MARKETING & SALES | Oct. 10, 2026 A | 1,316 | 0 | 2 | $-7,442,692 |
| Rahul Jalali | EVP & CHIEF INFORMATION OFFICE | Sept. 10, 2026 A | 33,136 | 0 | 0 | $0 |
| Eric J Gehringer | EVP OPERATIONS | June 10, 2026 A | 43,025 | 0 | 2 | $-1,259,129 |
| Todd M. Rynaski | CHIEF ACCTG RISK & COMP OFFICE | April 10, 2025 A | 10,352 | 0 | 0 | $0 |
| Craig V Richardson | EVP CHIEF LEGAL OFFICER & CORP | March 10, 2025 A | 18,961 | 0 | 0 | $0 |
| Rhonda S Ferguson | EVP CLO & CORP SEC | Aug. 13, 2020 M | 48,938 | 0 | 0 | $0 |
| Thomas A Lischer | EVP OPERATIONS | Feb. 6, 2020 A | 33,452 | 0 | 0 | $0 |
| Lynden L Tennison | EVP & CHIEF STRATEGY OFFICER | Feb. 7, 2019 F | 53,675 | 0 | 0 | $0 |
| Eric L Butler | Senior Vice President | Dec. 1, 2017 | · | 0 | 0 | $0 |
| Diane K Duren | EVP CHIEF ADMIN OFFICER & CORP | Nov. 18, 2016 S | 128,701 | 0 | 0 | $0 |
| John J Koraleski | CHAIRMAN OF THE BOARD | March 9, 2015 J | 85,310 | 0 | 0 | $0 |
| Jeffrey P Totusek | VP CONTROLLER & CAO UPC | Feb. 24, 2015 M | 100,172 | 0 | 0 | $0 |
| Gayla L Thal | SVP LAW & GEN COUNSEL | Feb. 5, 2015 A | 115,284 | 0 | 0 | $0 |
| Barbara W Schaefer | SVP HR & SEC UPC & RR | Feb. 7, 2013 F | 96,877 | 0 | 0 | $0 |
| Michael J Hemmer | SVP LAW & GEN COUNSEL | March 5, 2012 S | 104,066 | 0 | 0 | $0 |
| Dennis J Duffy | VICE CHAIRMAN OPS | Sept. 7, 2010 M | 108,037 | 0 | 0 | $0 |
| Richard J Putz | VP CONTROLLER & CAO | Nov. 16, 2007 M | 20,308 | 0 | 0 | $0 |
| Mary S Jones | VP & TREASURER UPC | May 18, 2007 M | 33,262 | 0 | 0 | $0 |
| Bernard R Gutschewski | VP TAX UPC | May 17, 2007 M | 13,648 | 0 | 0 | $0 |
| Charles R Eisele | SVP STRAT PLNG | April 23, 2007 M | 43,168 | 0 | 0 | $0 |
| Mary E Mcauliffe | VP EXTERNAL RELNS | April 9, 2007 S | 45,522 | 0 | 0 | $0 |
| Robert W Turner | SVP CORP RELNS | March 13, 2007 M | 23,620 | 0 | 0 | $0 |
| Richard K Davidson | CHAIRMAN OF THE BOAR | Jan. 30, 2007 J | 594,809 | 0 | 0 | $0 |
| Ivor J Evans | VICE CHAIRMAN | Jan. 31, 2005 J | 136,857 | 0 | 0 | $0 |
| Merill L Bryan JR | SR VP & CIO | Jan. 4, 2005 A | 58,978 | 0 | 0 | $0 |
| James V Dolan | Vice Chairman | April 30, 2004 S | 57,369 | 0 | 0 | $0 |
| Bradley R King | Executive VP NDI | Jan. 31, 2004 D | 69,595 | 0 | 0 | $0 |
| John K Tien Jr | Director | Oct. 1, 2026 A | · | 0 | 0 | $0 |
| Jane H Lute | Director | Oct. 1, 2026 A | 4,000 | 0 | 0 | $0 |
| Teresa Finley | Director | Oct. 1, 2026 A | 1,380 | 0 | 0 | $0 |
| Sheri H. Edison | Director | Oct. 1, 2026 A | · | 0 | 0 | $0 |
| Anthony W Will | Director | Oct. 1, 2026 A | · | 0 | 0 | $0 |
| Christopher J Williams | Director | Oct. 1, 2026 A | · | 0 | 0 | $0 |
| John Wiehoff | Director | Oct. 1, 2026 A | · | 0 | 0 | $0 |
| Doyle Simons | Director | Oct. 1, 2026 A | · | 0 | 0 | $0 |
| Deborah C Hopkins | Director | Oct. 1, 2026 A | 4,000 | 0 | 0 | $0 |
| Michael R Mccarthy | Director | Oct. 1, 2026 A | 54,589 | 0 | 0 | $0 |
| David B Dillon | Director | April 1, 2026 A | 50 | 0 | 0 | $0 |
| William J Delaney III | Director | April 1, 2025 A | 17,500 | 0 | 0 | $0 |
| Jose H Villarreal | Director | July 3, 2023 A | 2,000 | 0 | 0 | $0 |
| Andrew H Card JR | Director | April 1, 2022 A | 18,400 | 0 | 0 | $0 |
| Thomas F Mclarty III | Director | April 1, 2022 A | 4,000 | 0 | 0 | $0 |
| Bhavesh V. Patel | Director | April 1, 2021 A | 4,173 | 0 | 0 | $0 |
| Erroll B Davis JR | Director | April 1, 2020 A | 2,358 | 0 | 0 | $0 |
| Michael W Mcconnell | Director | April 2, 2018 A | 19,010 | 0 | 0 | $0 |
| Steven R Rogel | Director | April 2, 2018 A | 4,000 | 0 | 0 | $0 |
| Charles C Krulak | Director | April 3, 2017 A | 2,256 | 0 | 0 | $0 |
| Richards Judith Hope | Director | April 1, 2016 A | 27,940 | 0 | 0 | $0 |
| Thomas J Donohue | Director | April 1, 2014 A | 4,554 | 0 | 0 | $0 |
| Archie W Dunham | Director | April 1, 2014 A | 2,429 | 0 | 0 | $0 |
| James R Young | Director | Feb. 6, 2014 F | 252,436 | 0 | 0 | $0 |
| Spencer F Eccles | Director | July 3, 2006 A | · | 0 | 0 | $0 |
| Ernesto Zedillo | Director | July 3, 2006 A | · | 0 | 0 | $0 |
| ANSCHUTZ PHILIP F | Director | July 3, 2006 A | · | 0 | 0 | $0 |
| Richard J Mahoney | Director | July 1, 2004 A | · | 0 | 0 | $0 |
| Elbridge T Gerry JR | Director | July 1, 2004 A | · | 0 | 0 | $0 |
| Carl W Von Bernuth | · | Feb. 12, 2004 M | 91,310 | 0 | 0 | $0 |
| Leo H Suggs | · | Jan. 31, 2004 D | 78,355 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 160 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| IYT · iShares Trust | 17.61% | 1,243,343 SH | Sept. 11, 2026 | Daily |
| SHPP · Pacer Funds Trust | 8.97% | 635 NS | July 31, 2026 | N-PORT |
| TPOR · Direxion Shares ETF Trust | 7.69% | 4,625 NS | July 31, 2026 | N-PORT |
| CAMX · ADVISORS' INNER CIRCLE FUND | 4.06% | 9,450 NS | July 31, 2026 | N-PORT |
| PWRD · TCW ETF Trust | 4.03% | 200,425 NS | July 31, 2026 | N-PORT |
| FMTM · EA Series Trust | 3.25% | 28,056 NS | July 31, 2026 | N-PORT |
| NPFE · Elevation Series Trust | 2.69% | 59,895 NS | July 31, 2026 | N-PORT |
| BDIV · ETF Series Solutions | 2.62% | 598 NS | July 31, 2026 | N-PORT |
| ESLV · Strategy Shares | 2.55% | 1,247 NS | July 31, 2026 | N-PORT |
| FIDU · FIDELITY COVINGTON TRUST | 2.47% | 194,605 NS | July 31, 2026 | N-PORT |
| NFRA · FlexShares Trust | 2.40% | 246,828 NS | July 31, 2026 | N-PORT |
| DUSL · Direxion Shares ETF Trust | 2.27% | 4,386 NS | July 31, 2026 | N-PORT |
| IYJ · iShares Trust | 2.13% | 140,984 SH | Sept. 11, 2026 | Daily |
| NUDV · Nushares ETF Trust | 2.01% | 3,456 NS | July 31, 2026 | N-PORT |
| SAWG · ETF Series Solutions | 1.97% | 194 NS | July 31, 2026 | N-PORT |
| WCAP · Spinnaker ETF Series | 1.91% | 3,990 NS | July 31, 2026 | N-PORT |
| VIS · VANGUARD WORLD FUND | 1.86% | 620,937 SH | Aug. 19, 2026 | Daily |
| EXI · iShares Trust | 1.72% | 85,437 SH | Sept. 11, 2026 | Daily |
| ESLG · Strategy Shares | 1.71% | 1,365 NS | July 31, 2026 | N-PORT |
| ASLV · ALLSPRING EXCHANGE-TRADED FUNDS TRU… | 1.46% | 10,952 NS | July 31, 2026 | N-PORT |
| DUHP · Dimensional ETF Trust | 1.44% | 606,827 NS | July 31, 2026 | N-PORT |
| VLLU · Harbor ETF Trust | 1.38% | 219 NS | July 31, 2026 | N-PORT |
| ESUM · Strategy Shares | 1.38% | 8,584 NS | July 31, 2026 | N-PORT |
| NULV · Nushares ETF Trust | 1.34% | 100,993 NS | July 31, 2026 | N-PORT |
| RSPN · Invesco Exchange-Traded Fund Trust | 1.26% | 30,748 SH | Oct. 23, 2026 | Daily |
| ALRG · ALLSPRING EXCHANGE-TRADED FUNDS TRU… | 1.24% | 354 NS | July 31, 2026 | N-PORT |
| QDF · FlexShares Trust | 1.18% | 89,884 NS | July 31, 2026 | N-PORT |
| SNPV · DBX ETF Trust | 1.14% | 10,401 NS | Aug. 31, 2026 | N-PORT |
| FDIV · EA Series Trust | 1.11% | 2,233 NS | July 31, 2026 | N-PORT |
| EQWL · Invesco Exchange-Traded Fund Trust | 1.04% | 99,323 SH | Oct. 23, 2026 | Daily |
| MTUM · iShares Trust | 0.97% | 827,957 SH | Sept. 11, 2026 | Daily |
| SPLV · Invesco Exchange-Traded Fund Trust … | 0.91% | 225,189 SH | Oct. 23, 2026 | Daily |
| HUSV · First Trust Exchange-Traded Fund III | 0.90% | 2,283 NS | July 31, 2026 | N-PORT |
| IQRA · New York Life Investments Active ET… | 0.83% | 196 NS | July 31, 2026 | N-PORT |
| FDRR · FIDELITY COVINGTON TRUST | 0.83% | 20,826 NS | July 31, 2026 | N-PORT |
| MGV · VANGUARD WORLD FUND | 0.76% | 373,167 SH | Aug. 19, 2026 | Daily |
| DGRO · iShares Trust | 0.75% | 1,131,797 SH | Sept. 11, 2026 | Daily |
| DFVX · Dimensional ETF Trust | 0.73% | 13,091 NS | July 31, 2026 | N-PORT |
| EVUS · iShares Trust | 0.71% | 9,447 SH | Sept. 11, 2026 | Daily |
| FDLO · FIDELITY COVINGTON TRUST | 0.70% | 34,087 NS | July 31, 2026 | N-PORT |
| VIG · VANGUARD SPECIALIZED FUNDS | 0.70% | 3,354,167 SH | Aug. 19, 2026 | Daily |
| VYM · VANGUARD WHITEHALL FUNDS | 0.67% | 2,368,902 SH | Aug. 19, 2026 | Daily |
| FQAL · FIDELITY COVINGTON TRUST | 0.67% | 32,360 NS | July 31, 2026 | N-PORT |
| JQUA · J.P. Morgan Exchange-Traded Fund Tr… | 0.63% | 176,129 NS | July 31, 2026 | N-PORT |
| PWS · Pacer Funds Trust | 0.62% | 514 NS | July 31, 2026 | N-PORT |
| PFM · Invesco Exchange-Traded Fund Trust | 0.62% | 16,894 SH | Oct. 23, 2026 | Daily |
| MNZL · EA Series Trust | 0.61% | 511 NS | July 31, 2026 | N-PORT |
| VTV · VANGUARD INDEX FUNDS | 0.60% | 5,645,006 SH | Aug. 19, 2026 | Daily |
| IWX · iShares Trust | 0.59% | 79,908 SH | Sept. 11, 2026 | Daily |
| IVE · iShares Trust | 0.57% | 986,073 SH | Sept. 11, 2026 | Daily |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.56% | 136,726 SH | Aug. 19, 2026 | Daily |
| IUSV · iShares Trust | 0.54% | 519,539 SH | Sept. 11, 2026 | Daily |
| NULC · Nushares ETF Trust | 0.51% | 1,240 NS | July 31, 2026 | N-PORT |
| USSG · DBX ETF Trust | 0.51% | 10,051 NS | Aug. 31, 2026 | N-PORT |
| AQLT · iShares Trust | 0.50% | 5,753 SH | Sept. 11, 2026 | Daily |
| SUSL · iShares Trust | 0.50% | 20,954 SH | Sept. 11, 2026 | Daily |
| ILCV · iShares Trust | 0.49% | 23,093 SH | Sept. 11, 2026 | Daily |
| DIVB · iShares Trust | 0.48% | 34,506 SH | Sept. 11, 2026 | Daily |
| FXR · First Trust Exchange-Traded AlphaDE… | 0.48% | 12,222 NS | July 31, 2026 | N-PORT |
| DSI · iShares Trust | 0.48% | 90,743 SH | Sept. 11, 2026 | Daily |
| CLSE · Trust for Professional Managers | 0.47% | 14,201 NS | Aug. 31, 2026 | N-PORT |
| SNPE · DBX ETF Trust | 0.43% | 42,653 NS | Aug. 31, 2026 | N-PORT |
| IWD · iShares Trust | 0.43% | 1,229,585 SH | Sept. 11, 2026 | Daily |
| PEVC · Pacer Funds Trust | 0.43% | 35 NS | July 31, 2026 | N-PORT |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.42% | 334,027 SH | Aug. 19, 2026 | Daily |
| FEUS · FlexShares Trust | 0.40% | 1,540 NS | July 31, 2026 | N-PORT |
| EGLE · Global X Funds | 0.40% | 30 NS | July 31, 2026 | N-PORT |
| ACVF · ETF Opportunities Trust | 0.39% | 2,057 NS | July 31, 2026 | N-PORT |
| OEF · iShares Trust | 0.36% | 251,187 SH | Sept. 11, 2026 | Daily |
| CATH · Global X Funds | 0.34% | 15,215 NS | July 31, 2026 | N-PORT |
| PRF · Invesco Exchange-Traded Fund Trust | 0.34% | 115,375 SH | Oct. 23, 2026 | Daily |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.33% | 449,000 | Oct. 23, 2026 | Daily |
| USCL · iShares Trust | 0.32% | 31,423 SH | Sept. 11, 2026 | Daily |
| TOPC · iShares Trust | 0.31% | 360 SH | Sept. 11, 2026 | Daily |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.31% | 17,588 SH | Oct. 23, 2026 | Daily |
| ESGU · iShares Trust | 0.30% | 188,747 SH | Sept. 11, 2026 | Daily |
| SUSA · iShares Trust | 0.30% | 42,399 SH | Sept. 11, 2026 | Daily |
| IWL · iShares Trust | 0.30% | 23,073 SH | Sept. 11, 2026 | Daily |
| CHRI · Global X Funds | 0.30% | 82 NS | July 31, 2026 | N-PORT |
| MGC · VANGUARD WORLD FUND | 0.30% | 118,794 SH | Aug. 19, 2026 | Daily |
| HELO · J.P. Morgan Exchange-Traded Fund Tr… | 0.30% | 47,022 NS | July 31, 2026 | N-PORT |
| FDVV · FIDELITY COVINGTON TRUST | 0.29% | 102,370 NS | July 31, 2026 | N-PORT |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.29% | 4,562 NS | July 31, 2026 | N-PORT |
| XVV · iShares Trust | 0.29% | 6,827 SH | Sept. 11, 2026 | Daily |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.29% | 9,809 SH | Oct. 23, 2026 | Daily |
| XTR · Global X Funds | 0.27% | 45 NS | July 31, 2026 | N-PORT |
| XYLD · Global X Funds | 0.27% | 30,201 NS | July 31, 2026 | N-PORT |
| XRMI · Global X Funds | 0.27% | 463 NS | July 31, 2026 | N-PORT |
| XCLR · Global X Funds | 0.27% | 33 NS | July 31, 2026 | N-PORT |
| PTLC · Pacer Funds Trust | 0.27% | 30,149 NS | July 31, 2026 | N-PORT |
| PBP · Invesco Exchange-Traded Fund Trust | 0.27% | 3,562 SH | Oct. 23, 2026 | Daily |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.27% | 81,736 NS | July 31, 2026 | N-PORT |
| BKLC · BNY Mellon ETF Trust | 0.27% | 50,308 NS | July 31, 2026 | N-PORT |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.27% | 95,115 SH | Oct. 23, 2026 | Daily |
| VOTE · TCW ETF Trust | 0.27% | 10,024 NS | July 31, 2026 | N-PORT |
| XYLG · Global X Funds | 0.27% | 585 NS | July 31, 2026 | N-PORT |
| VV · VANGUARD INDEX FUNDS | 0.26% | 693,392 SH | Aug. 19, 2026 | Daily |
| IVV · iShares Trust | 0.26% | 7,483,477 SH | Sept. 11, 2026 | Daily |
| APUE · Trust for Professional Managers | 0.26% | 21,309 NS | Aug. 31, 2026 | N-PORT |
| VOXP · Advisors Series Trust | 0.26% | 51 NS | July 31, 2026 | N-PORT |
| ILCB · iShares Trust | 0.26% | 11,509 SH | Sept. 11, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.25% | 180,664 NS | July 31, 2026 | N-PORT |
| ESG · FlexShares Trust | 0.25% | 1,140 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.25% | 15,421,199 SH | Aug. 19, 2026 | Daily |
| TOV · EA Series Trust | 0.25% | 2,274 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.25% | 105,792 NS | July 31, 2026 | N-PORT |
| SPUU · Direxion Shares ETF Trust | 0.25% | 2,240 NS | July 31, 2026 | N-PORT |
| QDPL · Pacer Funds Trust | 0.24% | 14,294 NS | July 31, 2026 | N-PORT |
| IWB · iShares Trust | 0.24% | 410,596 SH | Sept. 11, 2026 | Daily |
| IYY · iShares Trust | 0.24% | 25,426 SH | Sept. 11, 2026 | Daily |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.24% | 38,457 SH | Oct. 23, 2026 | Daily |
| BSCS · Invesco Exchange-Traded Self-Indexe… | 0.24% | 8,576,300 | Oct. 23, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.23% | 383,818 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.23% | 163,744 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.23% | 772,966 SH | Sept. 11, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.23% | 98,172 SH | Aug. 19, 2026 | Daily |
| BSCR · Invesco Exchange-Traded Self-Indexe… | 0.23% | 10,388,000 | Oct. 22, 2026 | Daily |
| PHDG · Invesco Actively Managed Exchange-T… | 0.23% | 468 SH | Oct. 23, 2026 | Daily |
| CRBN · iShares Trust | 0.22% | 9,161 SH | Sept. 11, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.22% | 4,212 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.22% | 25,273 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.22% | 18,850,915 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.22% | 49,969 SH | Aug. 19, 2026 | Daily |
| TILT · FlexShares Trust | 0.22% | 16,274 NS | July 31, 2026 | N-PORT |
| HCMT · Direxion Shares ETF Trust | 0.21% | 4,135 NS | July 31, 2026 | N-PORT |
| QARP · DBX ETF Trust | 0.21% | 545 NS | Aug. 31, 2026 | N-PORT |
| SPXD · DBX ETF Trust | 0.21% | 49 NS | Aug. 31, 2026 | N-PORT |
| KOKU · DBX ETF Trust | 0.21% | 5,582 NS | Aug. 31, 2026 | N-PORT |
| RSP · Invesco Exchange-Traded Fund Trust | 0.21% | 689,531 SH | Oct. 23, 2026 | Daily |
| SPXL · Direxion Shares ETF Trust | 0.20% | 46,417 NS | July 31, 2026 | N-PORT |
| TOK · iShares Trust | 0.20% | 1,640 SH | Sept. 11, 2026 | Daily |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.19% | 10,361 NS | July 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.19% | 12,960 SH | Sept. 11, 2026 | Daily |
| SIZE · iShares Trust | 0.19% | 2,815 SH | Sept. 11, 2026 | Daily |
| URTH · iShares, Inc. | 0.19% | 53,289 SH | Sept. 11, 2026 | Daily |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.18% | 8,607 NS | July 31, 2026 | N-PORT |
| BSCT · Invesco Exchange-Traded Self-Indexe… | 0.17% | 5,304,000 | Oct. 23, 2026 | Daily |
| ACWI · iShares Trust | 0.16% | 188,552 SH | Sept. 11, 2026 | Daily |
| DEUS · DBX ETF Trust | 0.15% | 1,500 NS | Aug. 31, 2026 | N-PORT |
| DYNF · BlackRock ETF Trust | 0.14% | 203,686 SH | Sept. 11, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.14% | 497,285 SH | Aug. 19, 2026 | Daily |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.13% | 45,413 SH | Oct. 23, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.09% | 519 NS | July 31, 2026 | N-PORT |
| LGDX · Tidal Trust III | 0.06% | 279 NS | July 31, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.04% | 1,225 SH | Oct. 23, 2026 | Daily |
| IWY · iShares Trust | 0.04% | 22,073 SH | Sept. 11, 2026 | Daily |
| IWF · iShares Trust | 0.03% | 151,070 SH | Sept. 11, 2026 | Daily |
| VONG · VANGUARD SCOTTSDALE FUNDS | 0.03% | 63,687 SH | Aug. 19, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.00% | 359 NS | July 31, 2026 | N-PORT |
| BIV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BLV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BSV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCRB · VANGUARD MALVERN FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCIT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| IFRA · iShares Trust | · | 643,200 SH | Sept. 11, 2026 | Daily |
UNP Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
23 analysts · 2026-10-23Mean target $328.78 +12.3%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
Latest News Recent headlines mentioning this company
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
Live signal — the only filled card on screen.
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.