• Union Pacific average price to free cash flow ratio for 2024 was 26.7, a 6.59% decline from 2023.
• Union Pacific average price to free cash flow ratio for 2023 was 25.05, a 10.35% increase from 2022.
• Union Pacific average price to free cash flow ratio for 2022 was 22.7, a 2.62% increase from 2021.

Price to free cash flow ratio can be defined as