Union Pacific Corporation (UNP)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 16,890,000 | 14,788,000 | 12,163,000 | 14,161,000 | 16,958,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $16,890,000K)
= 0.00
The debt-to-capital ratio of Union Pacific Corporation has consistently remained at 0.00% over the years from December 31, 2020, to December 31, 2024. This indicates that the company has been utilizing a conservative financial structure with minimal reliance on debt to finance its operations. A debt-to-capital ratio of 0.00% suggests that the company's capital structure is primarily composed of equity, which can imply a lower financial risk and a higher level of financial stability. However, it is important to note that a low debt-to-capital ratio may also indicate potential limitations in leveraging opportunities for growth or capital expansion. Overall, Union Pacific's consistent zero debt-to-capital ratio reflects its prudent financial management and a commitment to maintaining a strong balance sheet.
Peer comparison
Dec 31, 2024