Union Pacific Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	806,814	755,753	855,067	726,532	703,754	902,391
Market Cap Growth	-6.86%	-11.62%	17.69%	3.24%	-22.01%	23.84%
Enterprise Value	967,451	932,119	1,051,308	890,137	882,113	1,067,998
Last Close Price	340.44	323.97	348.35	284.89	263.53	325.55
PE Ratio	20.52	19.22	20.49	23.47	19.02	24.83
PS Ratio	5.98	5.60	5.70	6.21	5.35	7.43
PB Ratio	7.93	7.43	8.19	10.13	10.95	11.44
P/TBV Ratio	8.27	7.74	8.59	10.72	11.64	12.02
P/FCF Ratio	26.64	24.95	23.46	31.37	23.18	26.57
P/OCF Ratio	15.77	14.77	14.79	17.87	14.22	17.93
EV/Sales Ratio	7.69	6.91	7.01	7.61	6.71	8.79
EV/EBITDA Ratio	14.72	13.61	13.97	16.02	13.62	16.57
EV/EBIT Ratio	18.91	16.97	17.40	20.08	16.68	20.47
EV/FCF Ratio	31.94	30.78	28.84	38.43	29.06	31.44
Debt / Equity Ratio	1.78	1.78	1.92	2.31	2.87	2.22
Debt / EBITDA Ratio	2.56	2.56	2.58	2.76	2.66	2.53
Debt / FCF Ratio	5.97	5.97	5.51	7.16	6.09	5.17
Net Debt / Equity Ratio	1.70	1.70	1.86	2.24	2.79	2.15
Net Debt / EBITDA Ratio	2.52	2.52	2.58	2.89	2.77	2.63
Net Debt / FCF Ratio	5.69	5.69	5.33	6.94	5.91	5.00
Asset Turnover	0.36	0.36	0.36	0.36	0.39	0.35
Inventory Turnover	13.75	13.75	14.23	15.12	16.65	14.39
Quick Ratio	0.67	0.67	0.56	0.62	0.53	0.48
Current Ratio	0.91	0.91	0.77	0.81	0.72	0.62
Return on Equity (ROE)	40.38%	40.38%	42.60%	47.34%	53.17%	41.92%
Return on Assets (ROA)	9.07%	9.07%	9.05%	8.61%	9.69%	9.29%
Return on Invested Capital (ROIC)	15.67%	15.83%	15.58%	15.06%	17.00%	16.36%
Return on Capital Employed (ROCE)	15.40%	15.40%	15.60%	14.70%	16.70%	16.20%
Earnings Yield	4.87%	5.20%	4.88%	4.26%	5.26%	4.03%
FCF Yield	3.75%	4.01%	4.26%	3.19%	4.31%	3.76%
Dividend Yield	1.46%	9.25%	9.37%	8.86%	10.19%	7.34%
Payout Ratio	45.33%	45.34%	47.62%	49.74%	45.14%	42.93%
Buyback Yield / Dilution	2.09%	2.09%	0.26%	2.21%	4.79%	3.49%
Total Shareholder Return	3.55%	11.34%	9.64%	11.07%	14.98%	10.83%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.